Civic Intelligence

Landfall Foundation Inc.

990 • Fiscal year 2015 • EIN 56-1939554

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 04, 2016

1924 Pembroke Jones DriveWilmington, NC 28405

(910) 509-1788

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

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

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.00x

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

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Net Margin

59th percentile

14%

Higher net margin than 59% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Asset Growth

78th percentile

11%

Faster asset growth than 78% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

23%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$416,712

Up $42,962 (+11%) from 2014

Net Assets

Up

$416,712

Up $42,962 (+11%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$486,479

Up $90,869 (+23%) from 2014

Expenses

Up

$416,625

Up $84,169 (+25%) from 2014

Net Income

Up

$69,854

Up $6,700 (+11%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $238,163Liabilities 2011: $0Net Assets 2011: $238,1632011Assets 2012: $268,666Liabilities 2012: $0Net Assets 2012: $268,6662012Assets 2013: $310,443Liabilities 2013: $0Net Assets 2013: $310,4432013Assets 2014: $373,750Liabilities 2014: $0Net Assets 2014: $373,7502014Assets 2015: $416,712Liabilities 2015: $0Net Assets 2015: $416,7122015Assets 2016: $402,637Liabilities 2016: $0Net Assets 2016: $402,6372016Assets 2017: $427,738Liabilities 2017: $0Net Assets 2017: $427,7382017Assets 2018: $329,411Liabilities 2018: $0Net Assets 2018: $329,4112018Assets 2019: $418,800Liabilities 2019: $1,089Net Assets 2019: $417,7112019Assets 2020: $575,983Liabilities 2020: $1,003Net Assets 2020: $574,9802020Assets 2021: $833,250Liabilities 2021: $3,137Net Assets 2021: $830,1132021Assets 2022: $830,541Liabilities 2022: $1,664Net Assets 2022: $828,8772022Assets 2023: $900,960Liabilities 2023: $8,441Net Assets 2023: $892,5192023Assets 2024: $974,985Liabilities 2024: $7,701Net Assets 2024: $967,2842024

Highlighted filing

2015

Assets$416,712
Liabilities$0
Net Assets$416,712

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $246,0692011Expenses 2012: $298,8222012Revenue 2013: $339,299Expenses 2013: $304,169Net Income 2013: $35,1302013Revenue 2014: $395,610Expenses 2014: $332,456Net Income 2014: $63,1542014Revenue 2015: $486,479Expenses 2015: $416,625Net Income 2015: $69,8542015Revenue 2016: $359,069Expenses 2016: $380,910Net Income 2016: -$21,8412016Revenue 2017: $459,373Expenses 2017: $451,493Net Income 2017: $7,8802017Revenue 2018: $446,097Expenses 2018: $517,054Net Income 2018: -$70,9572018Revenue 2019: $519,153Expenses 2019: $458,701Net Income 2019: $60,4522019Revenue 2020: $648,591Expenses 2020: $513,777Net Income 2020: $134,8142020Revenue 2021: $710,915Expenses 2021: $471,656Net Income 2021: $239,2592021Revenue 2022: $680,233Expenses 2022: $586,396Net Income 2022: $93,8372022Revenue 2023: $727,481Expenses 2023: $663,839Net Income 2023: $63,6422023Revenue 2024: $791,573Expenses 2024: $716,808Net Income 2024: $74,7652024

Highlighted filing

2015

Revenue$486,479
Expenses$416,625
Net Income$69,854
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 4, 2016
Return Version
2015v2.0
Gross Receipts
$912,568
Mission and Program Overview

Mission

To provide funds to local nonprofit organizations for programs and projects that provide for the arts, education, and health and welfare of the greater Wilmington, North Carolina area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,927$62,588▼ $12,339
Savings and Temporary Cash Investments$25,785$7,551▼ $18,234
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$373,750$416,712▲ $42,962
Other Assets Total$273,038$346,573▲ $73,535
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$373,750$336,852▼ $36,898
Permanently Rstr Net Assets-$79,860-
Total Net Assets Fund Balance$373,750$416,712▲ $42,962
Total Liabilities and Net Assets / Fund Balance$373,750$416,712▲ $42,962

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015-$80,012▼ $152-$79,860
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn GuntherPresident
Tammy DarazsdiVice President
Abe WalstonDirector
Bill BellDirector
Carol DruryDirector
Carol EareyDirector
Carolynn LewisDirector
Cate PiechDirector
Catherine BonnetteDirector
Cindy WordenDirector
Don LucasDirector
Jessica SchreiberDirector
Jessica SpencerDirector
Kenneth TrojniarDirector
Kristen HarmonDirector
Lenard EdralinDirector
Lynn HildrethDirector
Martha EdgertonDirector
Phil PearsallDirector
William HamletDirector
William McMillanDirector
Carl Roark2nd V. Prsdnt
Olof PrestonSecretary
Gary AtwellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$484,979
Program Service Revenue
$0
Investment Income
$22,910
Other Revenue
$-21,410
All Other Contributions
$148,950
Change in Net Assets
$69,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$398,720
Other Expenses$17,905
Total Fundraising Expense$5,637
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$392,600--$392,600
Other Expenses-$7,693-$7,693
Grants to Domestic Individuals$6,120--$6,120
Advertising--$5,637$5,637
Insurance-$2,215-$2,215
Fees for Services Other-$1,310-$1,310
Fees for Services Accounting-$1,050-$1,050
Total Functional Expenses$398,720$12,268$5,637$416,625
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Boys & Girls Club WWilmington, NC501(c)(3)Charitable Support$22,600
Bellamy Mansion Museum of HisWilmington, NC501(c)(3)Charitable Support$9,000
Assistance League of GreaterWilmington, NC501(c)(3)Charitable Support$7,500
Cape Fear ClinicWilmington, NC501(c)(3)Charitable Support$7,500
Cape Fear Guardian Ad Litem AWilmington, NC501(c)(3)Charitable Support$7,500
Communities in Schools of CapWilmington, NC501(c)(3)Charitable Support$7,500
Cucalorus Film FoundationWilmington, NC501(c)(3)Charitable Support$7,500
Domestic Violence ShelterWilmington, NC501(c)(3)Charitable Support$7,500
Good Shepherd CenterWilmington, NC501(c)(3)Charitable Support$7,500
Gregory School of Science MaWilmington, NC501(c)(3)Charitable Support$7,500
Kids Making It IncWilmington, NC501(c)(3)Charitable Support$7,500
Mother Hubbards CupboardWilmington, NC501(c)(3)Charitable Support$7,500
Nourish NCWilmington, NC501(c)(3)Charitable Support$7,500
Oasis NcWilmington, NC501(c)(3)Charitable Support$7,500
ST Mary Health CenterWilmington, NC501(c)(3)Charitable Support$7,500
The Carousel CenterWilmington, NC501(c)(3)Charitable Support$7,500
WarmWilmington, NC501(c)(3)Charitable Support$7,500
Williston Middle School PTAWilmington, NC501(c)(3)Charitable Support$7,500
Wilmington Symphony OrchestraWilmington, NC501(c)(3)Charitable Support$7,500
YWCA of the Lower Cape FearWilmington, NC501(c)(3)Charitable Support$7,500
New Hanover County SchoolsWilmington, NC501(c)(3)Charitable Support$7,494
Communities in Schools of BruSouthport, NC501(c)(3)Charitable Support$7,000
Family Promise of the LowerWilmington, NC501(c)(3)Charitable Support$6,984
Bradley Creek Elementary SchoWilmington, NC501(c)(3)Charitable Support$6,950
Heyward C Bellamy ElementaryWilmington, NC501(c)(3)Charitable Support$6,868
Cape Fear Healthnet IncWilmington, NC501(c)(3)Charitable Support$6,787
Murrayville Elementary PTAWilmington, NC501(c)(3)Charitable Support$6,500
Ashley High School Band BoostWilmington, NC501(c)(3)Charitable Support$6,000
Brigade Boys & Girls ClubWilmington, NC501(c)(3)Charitable Support$6,000
Cape Fear Shakespeare LtdWilmington, NC501(c)(3)Charitable Support$6,000
First Book - New Hanover CntyWilmington, NC501(c)(3)Charitable Support$6,000
North Carolina SymphonyRaleigh, NC501(c)(3)Charitable Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$140,025
Fundraising Gross Income$118,615
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$281,808$25,398$4,582$20,816
Legends Tennis$96,114$19,210$3,814$15,396
Total Events$454,644$118,615$140,025$-21,410
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
Yes
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 990 is prepared by an independent CPA, reviewed by the treasurer and made available to the full board for their review upon request.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members sign a conflict of interest disclosure on an annual basis.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Form 990 is available at guidestar.org.

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

Upon request.

Filing and Contact Details

Filer

Filer Name
The Landfall Foundation Inc
EIN
56-1939554
Phone
9105091788
Address
1924 Pembroke Jones Drive, Wilmington, NC 28405

Signing Officer

Name
Gary Atwell
Title
Treasurer
Signed
2016-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Gunther
Formed
1995
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
75

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403-2547
Preparer
Nigel Bearman
Phone
9105080630
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IRS990/Form990PartVIISectionAGrp/PersonNm15William McMillan
IRS990/Form990PartVIISectionAGrp/PersonNm16Phil Pearsall
IRS990/Form990PartVIISectionAGrp/PersonNm17Cate Piech
IRS990/Form990PartVIISectionAGrp/PersonNm18Olof Preston
IRS990/Form990PartVIISectionAGrp/PersonNm19Jessica Schreiber
IRS990/Form990PartVIISectionAGrp/PersonNm20Jessica Spencer
IRS990/Form990PartVIISectionAGrp/PersonNm21Kenneth Trojniar
IRS990/Form990PartVIISectionAGrp/PersonNm22Abe Walston
IRS990/Form990PartVIISectionAGrp/PersonNm23Carol Earey
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt42nd V. Prsdnt
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0Marilyn Gunther
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Scholarships to Individuals
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt06120
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYInvestmentIncomeAmt025791
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IRS990/PYOtherExpensesAmt014725
IRS990/PYOtherRevenueAmt0-36559
IRS990/PYRevenuesLessExpensesAmt063154
IRS990/PYTotalExpensesAmt0332456
IRS990/PYTotalRevenueAmt0395610

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.75$0.08$9.67$7.92$7.17$0.75
2023Detailed filing. Detailed filing data is available for this year.$9.01$0.08$8.93$7.27$6.64$0.64
2022Detailed filing. Detailed filing data is available for this year.$8.31$0.02$8.29$6.80$5.86$0.94
2021Detailed filing. Detailed filing data is available for this year.$8.33$0.03$8.30$7.11$4.72$2.39
2020Detailed filing. Detailed filing data is available for this year.$5.76$0.01$5.75$6.49$5.14$1.35
2019Detailed filing. Detailed filing data is available for this year.$4.19$0.01$4.18$5.19$4.59$0.60
2018Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$4.46$5.17$0.71
2017Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$4.59$4.51$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$3.59$3.81$0.22
2015Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$4.86$4.17$0.70
2014Detailed filing. Detailed filing data is available for this year.$3.74$0.00$3.74$3.96$3.32$0.63
2013Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$3.39$3.04$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$2.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$2.46