Civic Intelligence

Wade Edwards Foundation

EIN 56-1970957 • 501(c)3 • Raleigh, NC

Profile

To empower the high school community by providing opportunities for achievement, enrichment and service, enabling life-long academic, professional and personal success.

714 Saint Marys StreetRaleigh, NC 27605

n/A

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

0.46x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-42%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

99th percentile

$78,511

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

45th percentile

-4.3%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

21st percentile

-38%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$0

Down $353,071 (-100%) from 2022

Liabilities

Down

$0

Down $54,730 (-100%) from 2022

Net Assets

Down

$0

Down $298,341 (-100%) from 2022

Operations
Liabilities / Revenue91st percentileNet Margin15th percentile

Revenue

Up

$119,476

Up $1,132 (+1.0%) from 2022

Expenses

Up

$417,817

Up $249,572 (+148%) from 2022

Net Income

Down

-$298,341

Down $248,440 (-498%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$600K$400K$200K$0Assets 2011: $398,176Liabilities 2011: $1,3092011Assets 2012: $425,345Liabilities 2012: $21,2392012Assets 2013: $362,354Liabilities 2013: $3,6182013Assets 2014: $293,780Liabilities 2014: $3,9702014Assets 2015: $237,463Liabilities 2015: $6,647Net Assets 2015: $230,8162015Assets 2016: $249,412Liabilities 2016: $5,103Net Assets 2016: $244,3092016Assets 2017: $207,505Liabilities 2017: $6,115Net Assets 2017: $201,3902017Assets 2018: $259,192Liabilities 2018: $2,826Net Assets 2018: $256,3662018Assets 2019: $240,851Liabilities 2019: $7,900Net Assets 2019: $232,9512019Assets 2020: $385,483Liabilities 2020: $2,763Net Assets 2020: $382,7202020Assets 2021: $352,265Liabilities 2021: $4,023Net Assets 2021: $348,2422021Assets 2022: $353,071Liabilities 2022: $54,730Net Assets 2022: $298,3412022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth21st percentile

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $94,221Expenses 2011: $47,341Net Income 2011: $46,8802011Revenue 2012: $74,619Expenses 2012: $67,380Net Income 2012: $7,2392012Revenue 2013: $73,750Expenses 2013: $119,122Net Income 2013: -$45,3722013Revenue 2014: $90,743Expenses 2014: $159,667Net Income 2014: -$68,9242014Revenue 2015: $98,839Expenses 2015: $157,833Net Income 2015: -$58,9942015Revenue 2016: $152,185Expenses 2016: $138,692Net Income 2016: $13,4932016Revenue 2017: $128,246Expenses 2017: $171,165Net Income 2017: -$42,9192017Revenue 2018: $194,935Expenses 2018: $139,959Net Income 2018: $54,9762018Revenue 2019: $136,692Expenses 2019: $160,107Net Income 2019: -$23,4152019Revenue 2020: $305,358Expenses 2020: $155,589Net Income 2020: $149,7692020Revenue 2021: $172,379Expenses 2021: $206,857Net Income 2021: -$34,4782021Revenue 2022: $118,344Expenses 2022: $168,245Net Income 2022: -$49,9012022Revenue 2023: $119,476Expenses 2023: $417,817Net Income 2023: -$298,3412023

Highlighted filing

2023

Revenue$119,476
Expenses$417,817
Net Income-$298,341
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$119,476
Expenses
$417,817
Net income
-$298,341
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.19$4.18$2.98
2022Detailed filing. Detailed filing data is available for this year.$3.53$0.55$2.98$1.18$1.68$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.52$0.04$3.48$1.72$2.07$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.85$0.03$3.83$3.05$1.56$1.50
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.08$2.33$1.37$1.60$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.59$0.03$2.56$1.95$1.40$0.55
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.06$2.01$1.28$1.71$0.43
2016Detailed filing. Detailed filing data is available for this year.$2.49$0.05$2.44$1.52$1.39$0.13
2015Summary only. Only limited summary data is available for this year.$2.37$0.07$2.31$0.99$1.58$0.59
2014Summary only. Only limited summary data is available for this year.$2.94$0.04$0.91$1.60$0.69
2013Summary only. Only limited summary data is available for this year.$3.62$0.04$0.74$1.19$0.45
2012Summary only. Only limited summary data is available for this year.$4.25$0.21$0.75$0.67$0.07
2011Summary only. Only limited summary data is available for this year.$3.98$0.01$0.94$0.47$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 22, 2024
Return Version
2023v4.0
Gross Receipts
$189,821
Mission and Program Overview

Mission

Maintain an after-school learning lab offering high school students assistance through the use of technology.

To empower the high school community by providing opportunities for achievement, enrichment and service, enabling life-long academic, professional and personal success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$138,651--
Cash and Non-Interest-Bearing Accounts$108,044--
Land, Buildings, and Equipment, Net$79,995--
Pledges and Grants Receivable$25,000--
Prepaid Expenses and Deferred Charges$1,381--
Total Assets$353,071$0▼ $353,071
Liabilities
Other Liabilities$52,151--
Accounts Payable and Accrued Expenses$2,579--
Total Liabilities$54,730$0▼ $54,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$298,341--
Total Net Assets Fund Balance$298,341$0▼ $298,341
Total Liabilities and Net Assets / Fund Balance$353,071$0▼ $353,071
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Betsey McfarlandExecutive DiFT$82,603$82,603

Board Members and Trustees

NameTitle
Ruth HeuerChair
Beth GulewichTrustee
Catherine E EdwardsTrustee
Daniel BryantTrustee
Ina NykoTrustee
Mackenzie SlaneyTrustee
Marlene CivisTrustee
Muhammed IbrahimTrustee
Valerie SmithTrustee
Leigh DauchertSecretary
Christina CapoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$182,569
Program Service Revenue
$3,131
Investment Income
$-69,474
Other Revenue
$3,250
All Other Contributions
$6,440
Change in Net Assets
$-298,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$206,000
Salaries, Compensation, and Employee Benefits$143,867
Other Expenses$67,950
Total Fundraising Expense$9,668
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$206,000--$206,000
Current Officers, Directors, Trustees, and Key Employees$66,083$8,260$8,260$82,603
Other Salaries and Wages$52,514--$52,514
Occupancy$24,500--$24,500
Fees for Services Other$9,990$2,800$935$13,725
Depreciation Depletion$9,649--$9,649
Payroll Taxes$7,804$473$473$8,750
Fees for Services Accounting-$6,549-$6,549
Insurance-$1,619-$1,619
All Other Expenses$580$715-$1,295
Other Expenses$491$863-$863
Advertising$773--$773
Office Expenses$415$53-$468
Interest-$5-$5
Total Functional Expenses$385,335$22,814$9,668$417,817
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Broughton Educational FoundationRaleigh, NC-General Support$206,000
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
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“The organization's board of directors receives a copy of the 990 and reviews and accepts prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The organization's conflict of interest policy is provided to board members to review. Board members are asked to sign an annual disclosure statement regarding any conflicts.”

Form 990, Page 6, Part VI, Line 15A

“The organization's board of directors annually determines the executive director's compensation with the approved budget. Executive director's compensation, including benefits, is based on comparable information from similar organizations.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request in writing.”

Filing and Contact Details

Filer

Filer Name
Wade Edwards Foundation
EIN
56-1970957
Phone
9198569233
Address
714 SAINT MARYS STREET, RALEIGH, NC 27605

Signing Officer

Name
Betsey Mcfarland
Title
Executive Director
Phone
9198569233
Signed
2024-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Heuer
Formed
1996
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
20

Preparer

Firm
Maddison & Caison Llp
Address
1111 OBERLIN RD, RALEIGH, NC 27605-1136
Preparer
Susan Glendenning
Phone
9198215482
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053
IRS990/OfficeExpensesGrp/ProgramServicesAmt0415
IRS990/OfficeExpensesGrp/TotalAmt0468
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0446
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2875
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3863
IRS990/OtherExpensesGrp/ProgramServicesAmt03510
IRS990/OtherExpensesGrp/ProgramServicesAmt13026
IRS990/OtherExpensesGrp/ProgramServicesAmt2491
IRS990/OtherExpensesGrp/TotalAmt03956
IRS990/OtherExpensesGrp/TotalAmt13182
IRS990/OtherExpensesGrp/TotalAmt21366
IRS990/OtherExpensesGrp/TotalAmt3863
IRS990/OtherLiabilitiesGrp/BOYAmt052151
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052514
IRS990/OtherSalariesAndWagesGrp/TotalAmt052514
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0473
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0473
IRS990/PayrollTaxesGrp/ProgramServicesAmt07804
IRS990/PayrollTaxesGrp/TotalAmt08750
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01381
IRS990/PrincipalOfficerNm0RUTH HEUER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03131
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03131
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0107105
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0544
IRS990/PYOtherExpensesAmt0152240
IRS990/PYOtherRevenueAmt03005
IRS990/PYProgramServiceRevenueAmt07690
IRS990/PYRevenuesLessExpensesAmt0-49901
IRS990/PYSalariesCompEmpBnftPaidAmt016005
IRS990/PYTotalExpensesAmt0168245
IRS990/PYTotalRevenueAmt0118344
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-298341
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0150000
IRS990/RentalIncomeOrLossGrp/RealAmt03250
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03131
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0138651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0182569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0166987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0196283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0104110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0757054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04794
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03675
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03568
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018583
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037029
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43620
IRS990ScheduleA/PublicSupportPY170Pct00.43230
IRS990ScheduleA/PublicSupportTotal170Amt0338334
IRS990ScheduleA/SubstantialContributorsTotAmt0418720
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0182569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0166987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0196283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0104110
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0757054
IRS990ScheduleA/TotalSupportAmt0775637
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0206000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BROUGHTON EDUCATIONAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0562486307
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0723 SAINT MARYS ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RALEIGH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd027605
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WADE EDWARDS FOUNDATION IDENTIFIED BROUGHTON EDUCATIONAL FOUNDATION TO BE THE RECIPIENT OF ITS REMAINING ASSETS UPON DISSOLUTION BASED ON SIMILAR MISSION AND EXEMPT STATUS AS WELL AS PROXIMITY TO THE STUDENTS THAT THE WADE EDWARDS FOUNDATION SERVED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0562486307
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0206000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501C3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0BROUGHTON EDUCATIONAL FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0723 SAINT MARYS STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0RALEIGH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd027605
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0WADE EDWARDS FOUNDATION CEASED OPERATIONS IN 2023 AFTER A VOTE BY THE BOARD OF DIRECTORS. RESIDUAL ASSETS WERE AWARDED TO BROUGHTON EDUCATIONAL FOUNDATION IN ACCORDANCE WITH THE WADE EDWARDS FOUNDATION'S GOVERNING DOCUMENTS.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 AND REVIEWS AND ACCEPTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO BOARD MEMBERS TO REVIEW. BOARD MEMBERS ARE ASKED TO SIGN AN ANNUAL DISCLOSURE STATEMENT REGARDING ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION WITH THE APPROVED BUDGET. EXECUTIVE DIRECTOR'S COMPENSATION, INCLUDING BENEFITS, IS BASED ON COMPARABLE INFORMATION FROM SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0562054851
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LEASE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0714 ST MARY'S STREET LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt08825 WESTGATE PARK DR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0RALEIGH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd027617
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUCIUS WADE EDWARDS PRIVATE FOUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0562026070
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DONOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0714 ST MARYS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RALEIGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027605
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false

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