Civic Intelligence

The School of Government Foundation Inc

EIN 56-1966429 • 501(c)3 • Chapel Hill, NC

Profile

The foundation supports teaching, researching, consulting and publishing at the school of government at unc by providing funding.

Cb 3330 Knapp-sanders BuildingChapel Hill, NC 27599

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.00x

Higher debt load relative to assets than 65% of similar nonprofits.

NTEE T • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE T • $50M-$100M nonprofits • Source year 2024

Net Margin

16th percentile

-50%

Higher net margin than 16% of similar nonprofits.

NTEE T • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$364,883

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

NTEE T • $50M-$100M nonprofits • Source year 2024

Asset Growth

46th percentile

4.8%

Faster asset growth than 46% of similar nonprofits.

NTEE T • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-7.1%

Faster revenue growth than 23% of similar nonprofits.

NTEE T • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$57,284,917

Up $2,603,524 (+4.8%) from 2023

Liabilities

Up

$85,262

Up $74,090 (+663%) from 2023

Net Assets

Up

$57,199,655

Up $2,529,434 (+4.6%) from 2023

Revenue

Down

$4,245,132

Down $322,623 (-7.1%) from 2023

Expenses

Up

$6,360,201

Up $1,009,830 (+19%) from 2023

Net Income

Down

-$2,115,069

Down $1,332,453 (-170%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $15,949,109Liabilities 2011: $35,341Net Assets 2011: $15,913,7682011Assets 2012: $17,433,211Liabilities 2012: $84,739Net Assets 2012: $17,348,4722012Assets 2013: $19,116,427Liabilities 2013: $56,382Net Assets 2013: $19,060,0452013Assets 2014: $21,465,410Liabilities 2014: $44,030Net Assets 2014: $21,421,3802014Assets 2015: $24,365,816Liabilities 2015: $31,275Net Assets 2015: $24,334,5412015Assets 2016: $24,127,426Liabilities 2016: $22,004Net Assets 2016: $24,105,4222016Assets 2017: $26,182,992Liabilities 2017: $91,339Net Assets 2017: $26,091,6532017Assets 2018: $28,118,939Liabilities 2018: $40,537Net Assets 2018: $28,078,4022018Assets 2019: $32,025,854Liabilities 2019: $74,149Net Assets 2019: $31,951,7052019Assets 2020: $32,664,848Liabilities 2020: $862,077Net Assets 2020: $31,802,7712020Assets 2021: $45,503,923Liabilities 2021: $1,452,895Net Assets 2021: $44,051,0282021Assets 2022: $56,616,094Liabilities 2022: $1,026,052Net Assets 2022: $55,590,0422022Assets 2023: $54,681,393Liabilities 2023: $11,172Net Assets 2023: $54,670,2212023Assets 2024: $57,284,917Liabilities 2024: $85,262Net Assets 2024: $57,199,6552024

Highlighted filing

2024

Assets$57,284,917
Liabilities$85,262
Net Assets$57,199,655

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $704,1192011Revenue 2012: $2,742,759Expenses 2012: $1,044,812Net Income 2012: $1,697,9472012Revenue 2013: $3,638,764Expenses 2013: $2,305,024Net Income 2013: $1,333,7402013Revenue 2014: $3,528,060Expenses 2014: $2,658,838Net Income 2014: $869,2222014Revenue 2015: $5,330,226Expenses 2015: $2,809,941Net Income 2015: $2,520,2852015Revenue 2016: $2,118,233Expenses 2016: $2,031,592Net Income 2016: $86,6412016Revenue 2017: $2,311,379Expenses 2017: $2,493,690Net Income 2017: -$182,3112017Revenue 2018: $2,744,845Expenses 2018: $3,234,851Net Income 2018: -$490,0062018Revenue 2019: $4,688,996Expenses 2019: $2,708,185Net Income 2019: $1,980,8112019Revenue 2020: $3,901,026Expenses 2020: $4,649,389Net Income 2020: -$748,3632020Revenue 2021: $4,914,270Expenses 2021: $3,279,304Net Income 2021: $1,634,9662021Revenue 2022: $14,746,636Expenses 2022: $4,812,742Net Income 2022: $9,933,8942022Revenue 2023: $4,567,755Expenses 2023: $5,350,371Net Income 2023: -$782,6162023Revenue 2024: $4,245,132Expenses 2024: $6,360,201Net Income 2024: -$2,115,0692024

Highlighted filing

2024

Revenue$4,245,132
Expenses$6,360,201
Net Income-$2,115,069

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.3$0.09$57.2$4.25$6.36$2.12
2023Detailed filing. Detailed filing data is available for this year.$54.7$0.01$54.7$4.57$5.35$0.78
2022Detailed filing. Detailed filing data is available for this year.$56.6$1.03$55.6$14.7$4.81$9.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.5$1.45$44.1$4.91$3.28$1.63
2020Detailed filing. Detailed filing data is available for this year.$32.7$0.86$31.8$3.90$4.65$0.75
2019Detailed filing. Detailed filing data is available for this year.$32.0$0.07$32.0$4.69$2.71$1.98
2018Detailed filing. Detailed filing data is available for this year.$28.1$0.04$28.1$2.74$3.23$0.49
2017Detailed filing. Detailed filing data is available for this year.$26.2$0.09$26.1$2.31$2.49$0.18
2016Detailed filing. Detailed filing data is available for this year.$24.1$0.02$24.1$2.12$2.03$0.09
2015Detailed filing. Detailed filing data is available for this year.$24.4$0.03$24.3$5.33$2.81$2.52
2014Detailed filing. Detailed filing data is available for this year.$21.5$0.04$21.4$3.53$2.66$0.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$0.06$19.1$3.64$2.31$1.33
2012Summary only. Only limited summary data is available for this year.$17.4$0.08$17.3$2.74$1.04$1.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$0.04$15.9$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 8, 2025
Return Version
2023v6.0
Gross Receipts
$4,269,454
Mission and Program Overview

Mission

The foundation supports teaching, researching, consulting and publishing at the school of government at unc by providing funding.

The foundation supports activities of the school of government at unc by providing funding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$37,070,042$40,064,137▲ $2,994,095
Pledges and Grants Receivable$10,524,608$10,042,567▼ $482,041
Savings and Temporary Cash Investments$7,066,357$7,178,138▲ $111,781
Accounts Receivable$20,386$75▼ $20,311
Total Assets$54,681,393$57,284,917▲ $2,603,524
Liabilities
Accounts Payable and Accrued Expenses$11,172$85,262▲ $74,090
Total Liabilities$11,172$85,262▲ $74,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,873,275$36,158,294▲ $2,285,019
Net Assets With Donor Restrictions$20,796,946$21,041,361▲ $244,415
Total Net Assets Fund Balance$54,670,221$57,199,655▲ $2,529,434
Total Liabilities and Net Assets / Fund Balance$54,681,393$57,284,917▲ $2,603,524

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$40,064,137--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$38,853,328$219,750▲ $4,397,627-$41,811,480
2022$39,810,163$271,341▼ $431,808-$38,853,328
2021$38,523,429$420,852▲ $1,382,345-$39,810,163
2020$27,515,139$424,175▲ $10,871,470-$38,523,429
2019$27,150,639$100,961▲ $433,594-$27,515,139
Compensation and Service Providers

Employees

NameTitleOtherTotal
Alexandra HerndonAssistant Dean for Business & Finance$153,872$153,872
Robert Bradford MallardAssistant Dean for Advancement$148,754$148,754

Board Members and Trustees

NameTitle
Patricia MitchellPresident
Kellie BlueVice President
Jennifer WillisAssistant Executive Director
Ashley RuffinDirector
Charles B NeelyDirector
Christopher RiddickDirector
Glenn AdamsDirector
Grant W GoingsDirector
J Edward KitchenDirector
Katie LoovisDirector
Kenneth Lee CarterDirector
Kevin LeonardDirector
Lorrin FreemanDirector
Marchell Adams-davidDirector
Mckinley WootenDirector
Rose WilliamsDirector
Aimee N WallExecutive Director
Alexandra HerndonAssistant Dean for Business & Financ
Gregory S AllisonSecretary
Lauren PartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,160,987
Program Service Revenue
$0
Investment Income
$83,789
Other Revenue
$356
All Other Contributions
$4,160,987
Change in Net Assets
$-2,115,069

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,245,132
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,816,816
Total Revenue per Audited Statements
$9,061,948
Total Revenue per Form 990
$4,245,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,648,082
Total Fundraising Expense$660,645
Salaries, Compensation, and Employee Benefits$572,584
Other Expenses$139,535
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,648,082--$5,648,082
Other Salaries and Wages--$297,891$297,891
Current Officers, Directors, Trustees, and Key Employees--$274,693$274,693
Fees for Services Other-$45,500$4,987$50,487
Conferences and Meetings--$9,721$9,721
Office Expenses-$339$7,181$7,520
Travel--$3,899$3,899
Insurance-$3,135-$3,135
Information Technology-$2,500$535$3,035
Other Expenses--$949$949
Total Functional Expenses$5,648,082$51,474$660,645$6,360,201

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,532,514
Expenses per Audited Statements$6,360,201
Total Expenses per Form 990$6,360,201
Expenses Not Reported on Form 990$172,313
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of North CarolinaChapel Hill, NC501(c)(3)Support of the School of Government at the University of North Carolina at Chapel Hill.$5,648,082
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Section A, Line 4

BYLAWS WERE UPDATED

Form 990, Part VI, Section A, Line 8B

There are no active committee meetings, therefore any recommendations by a committee are reflected in the board meeting minutes.

Form 990, Part VI, Section B, Line 11B

The treasurer of the board reviews the 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

As stated in the organization's bylaws, when there is a transaction that may be a direct or indirect conflict for any officer or director, that person is expected to disclose his/her interest.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
The School of Government Foundation Inc
EIN
56-1966429
Phone
9199622757
Address
CB 3330 KNAPP-SANDERS BUILDING, CHAPEL HILL, NC 27599

Signing Officer

Name
Lauren Partin
Title
Treasurer
Phone
9198432757
Signed
2025-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dana Simpson
Formed
1996
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
15
Employees
0
Volunteers
16

Preparer

Firm
Blackman & Sloop Advisors Inc
Address
1414 RALEIGH ROAD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Robert Lewis
Phone
9199428700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

BAD DEBT EXPENSE -6,595.

FORM 990, PART XII, LINE 2C:

The foundation's audit committee has oversight for the audit of the financial statements.

FORM 990, PART IX, LINES 5,7,8 & 9:

Amounts listed on form 990, part ix, line 7 represent reimbursements to unc for salaries paid on behalf of the foundation. Where applicable, these amounts are listed on form 990, part vii as reportable compensation from related organizations.

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

BAD DEBT EXPENSE 6,595.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15194110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19108184
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20132109
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASSISTANT DEAN FOR ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASSISTANT DEAN FOR BUSINESS & FINANCE
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt05648082
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02500
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IRS990/InsuranceGrp/ManagementAndGeneralAmt03135
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION SUPPORTS TEACHING, RESEARCHING, CONSULTING AND PUBLISHING AT THE SCHOOL OF GOVERNMENT AT UNC BY PROVIDING FUNDING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/FundraisingAmt07181
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0339
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0DEVELOPMENT ADMIN FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2021 AMOUNT: $ 638. 2022 AMOUNT: $ 499. 2023 AMOUNT: $ 356.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0133471
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt083398
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016979
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt057028
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0220162
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01813219
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0356
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0499
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0638
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01493
IRS990ScheduleA/PublicSupportCY170Pct00.78320
IRS990ScheduleA/PublicSupportPY170Pct00.78940
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IRS990ScheduleA/SubstantialContributorsTotAmt03717546
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IRS990ScheduleA/TotalSupportAmt018172748
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt038853328
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0219750

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