Civic Intelligence

West End Community Foundation Inc.

990 • Fiscal year 2015 • EIN 56-1858174

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 51398Durham, NC 27717

(919) 489-4184

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

8th percentile

-16%

Higher net margin than 8% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

24th percentile

$22,170

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

33rd percentile

-1.5%

Faster asset growth than 33% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

17%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,379,547

Down $84,380 (-1.5%) from 2014

Net Assets

Down

$5,379,547

Down $84,380 (-1.5%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$513,715

Up $74,202 (+17%) from 2014

Expenses

Up

$598,394

Up $10,836 (+1.8%) from 2014

Net Income

Up

-$84,679

Up $63,366 (+43%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,168,699Liabilities 2010: $136,574Net Assets 2010: $6,032,1252010Assets 2011: $5,886,578Liabilities 2011: $0Net Assets 2011: $5,886,5782011Assets 2012: $5,795,470Liabilities 2012: $0Net Assets 2012: $5,795,4702012Assets 2013: $5,611,971Liabilities 2013: $0Net Assets 2013: $5,611,9712013Assets 2014: $5,463,927Liabilities 2014: $0Net Assets 2014: $5,463,9272014Assets 2015: $5,379,547Liabilities 2015: $0Net Assets 2015: $5,379,5472015Assets 2016: $5,232,027Liabilities 2016: $6,244Net Assets 2016: $5,225,7832016Assets 2017: $5,084,410Liabilities 2017: $6,567Net Assets 2017: $5,077,8432017Assets 2018: $4,939,253Liabilities 2018: $6,167Net Assets 2018: $4,933,0862018Assets 2019: $4,760,013Liabilities 2019: $1,298Net Assets 2019: $4,758,7152019Assets 2020: $4,689,719Liabilities 2020: $1,738Net Assets 2020: $4,687,9812020Assets 2021: $4,528,344Liabilities 2021: $2,922Net Assets 2021: $4,525,4222021Assets 2022: $4,302,443Liabilities 2022: $2,566Net Assets 2022: $4,299,8772022Assets 2023: $4,047,057Liabilities 2023: $2,718Net Assets 2023: $4,044,3392023Assets 2024: $3,953,603Liabilities 2024: $2,633Net Assets 2024: $3,950,9702024

Highlighted filing

2015

Assets$5,379,547
Liabilities$0
Net Assets$5,379,547

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $575,4762010Expenses 2011: $558,7192011Revenue 2012: $517,882Expenses 2012: $608,990Net Income 2012: -$91,1082012Revenue 2013: $430,424Expenses 2013: $612,415Net Income 2013: -$181,9912013Revenue 2014: $439,513Expenses 2014: $587,558Net Income 2014: -$148,0452014Revenue 2015: $513,715Expenses 2015: $598,394Net Income 2015: -$84,6792015Revenue 2016: $417,159Expenses 2016: $584,437Net Income 2016: -$167,2782016Revenue 2017: $457,841Expenses 2017: $608,826Net Income 2017: -$150,9852017Revenue 2018: $478,269Expenses 2018: $623,026Net Income 2018: -$144,7572018Revenue 2019: $470,106Expenses 2019: $652,263Net Income 2019: -$182,1572019Revenue 2020: $459,137Expenses 2020: $529,871Net Income 2020: -$70,7342020Revenue 2021: $496,457Expenses 2021: $655,972Net Income 2021: -$159,5152021Revenue 2022: $437,733Expenses 2022: $663,278Net Income 2022: -$225,5452022Revenue 2023: $650,148Expenses 2023: $905,686Net Income 2023: -$255,5382023Revenue 2024: $658,024Expenses 2024: $875,456Net Income 2024: -$217,4322024

Highlighted filing

2015

Revenue$513,715
Expenses$598,394
Net Income-$84,679
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$513,715
Mission and Program Overview

Mission

The primary purpose of the organization is to promote community development and revitalization, develop programs in education, health care, job training, recreation, human enrichment, sponsor a child development center, provide GED curriculum training and community education programs, and provide substance abuse programs for the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,940,232$5,152,315▲ $212,083
Cash and Non-Interest-Bearing Accounts$523,694$227,232▼ $296,462
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,463,927$5,379,547▼ $84,380
Other Assets Total$1$0▼ $1
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,664,103$4,620,081▼ $44,022
Unrestricted Net Assets$672,324$631,966▼ $40,358
Permanently Rstr Net Assets$127,500$127,500→ $0
Total Net Assets Fund Balance$5,463,927$5,379,547▼ $84,380
Total Liabilities and Net Assets / Fund Balance$5,463,927$5,379,547▼ $84,380

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,511,089$2,213,515$6,724,604
Leasehold Improvements$424,246$18,793$443,039
Other Land Buildings$89,480$60,482$149,962
Land$127,500-$127,500
Equipment-$29,024$29,024
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca OatsExecutive DirectorPT$22,170$22,170

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$197,060
Program Service Revenue
$35,465
Investment Income
$109
Other Revenue
$281,081
All Other Contributions
$197,060
Change in Net Assets
$-84,679

Audited Revenue Reconciliation

Revenue per Audited Statements
$513,715
Total Revenue per Audited Statements
$513,715
Total Revenue per Form 990
$513,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$576,224
Salaries, Compensation, and Employee Benefits$22,170
Total Fundraising Expense$19,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$74,180$122,810-$196,990
All Other Expenses$-1$41,763$19,523$61,285
Other Expenses$30,147$43,139$-1,109$30,147
Current Officers, Directors, Trustees, and Key Employees$15,519$5,542$1,109$22,170
Total Functional Expenses$200,328$378,543$19,523$598,394

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$598,394
Total Expenses per Audited Statements$598,394
Total Expenses per Form 990$598,394
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form sent to all board members for each person to review and identify any exceptions. Completed form will be shared with all board members before filing 990.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, policies, and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
West End Community Foundation Inc
EIN
56-1858174
Phone
9194894184
Address
PO Box 51398, Durham, NC 27717

Signing Officer

Name
Rebecca Oats
Title
Executive Director
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Oats
Formed
1993
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
11
Employees
0

Preparer

Firm
Thomas & Gibbs Cpas Pllc
Address
6114 FAYETTEVILLE RD STE 101, DURHAM, NC 27713-6284
Preparer
Kenneth D Gibbs
Phone
9195440555
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Communications: Column (A) - Total = $10273; Column (B) - Program Services = $0; Column (C) - Management & General = $10273; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Insurance & Bonds: Column (A) - Total = $23235; Column (B) - Program Services = $0; Column (C) - Management & General = $23235; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $8058; Column (B) - Program Services = $0; Column (C) - Management & General = $8058; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $196; Column (B) - Program Services = $0; Column (C) - Management & General = $196; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Rounding: Column (A) - Total = $0; Column (B) - Program Services = $-1; Column (C) - Management & General = $1; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Special events: Column (A) - Total = $19523; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $19523

Financial Statement Notes

Part X : FIN48 Footnote

For the year ended December 31, 2015, the Foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.The Foundations federal Exempt Return of Corporation Exempt from Income Tax (Form 990)for tax years 2013, 2014, and 2015 are subject to examination by the IRS, generally for three years after they were filed.

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IRS990/MissionDesc0The primary purpose of the organization is to promote community development and revitalization, develop programs in education, health care, job training, recreation, human enrichment, sponsor a child development center, provide GED curriculum training and community education programs, and provide substance abuse programs for the community.
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IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt182108
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt243139
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IRS990/OtherExpensesGrp/ProgramServicesAmt225222
IRS990/OtherExpensesGrp/ProgramServicesAmt330147
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IRS990/OtherExpensesGrp/TotalAmt187407
IRS990/OtherExpensesGrp/TotalAmt268361
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IRS990/PrincipalOfficerNm0Rebecca Oats
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IRS990/ProgramServiceRevenueGrp/Desc0Basketball League
IRS990/ProgramServiceRevenueGrp/Desc1CM Youth Camp Outreach
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012832
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122633
IRS990/ProgSrvcAccomActy2Grp/Desc0Community ScholarsReading Room: Developed to provide 25 to 30 students a Reading Room which is used from August June during the regular school year to provide homework assistance, enrichment, cultural development/enrichment and leadership.Camp Calvary: Provide a coed day camp which enhances the academic, social and healthful living development of youth ages six to twelve years. The primary focus is to continue the academic learning (Mathematics, technology, critical thinking, reasoning and a strong emphasis in Reading) of students through the summer so that they do not fall behind in school upon returning in the fall.
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IRS990/PYOtherRevenueAmt0327725
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IRS990/PYTotalExpensesAmt0587558
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IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0140425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt045410
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0439
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0664
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0140425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt045410
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0496187
IRS990ScheduleA/TotalSupportAmt0517726
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04511089
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02213515
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06724604
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029024
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029024
IRS990ScheduleD/ExpensesSubtotalAmt0598394
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0127500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0127500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0424246
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018793
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0443039
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt089480
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt060482
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0149962
IRS990ScheduleD/RevenueSubtotalAmt0513715

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.00$3.95$0.66$0.88$0.22
2023Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.04$0.65$0.91$0.26
2022Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$0.44$0.66$0.23
2021Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$0.50$0.66$0.16
2020Detailed filing. Detailed filing data is available for this year.$4.69$0.00$4.69$0.46$0.53$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$0.47$0.65$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.94$0.01$4.93$0.48$0.62$0.14
2017Detailed filing. Detailed filing data is available for this year.$5.08$0.01$5.08$0.46$0.61$0.15
2016Detailed filing. Detailed filing data is available for this year.$5.23$0.01$5.23$0.42$0.58$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.38$0.00$5.38$0.51$0.60$0.08
2014Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$0.44$0.59$0.15
2013Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.43$0.61$0.18
2012Summary only. Only limited summary data is available for this year.$5.80$0.00$5.80$0.52$0.61$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.00$5.89$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.14$6.03$0.58
Peer Organizations

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