Civic Intelligence

Itma Educational Foundation

990EZ • Fiscal year 2022 • EIN 56-2004758

Sep 01, 2021 to Aug 31, 2022 • Filed on Jan 23, 2023

Organization ProfileWWW.INTERNATIONALTEXTILEALLIANCE.ORG
305 West High AvenueHigh Point, NC 27260

(336) 885-6842

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

83rd percentile

64%

Higher net margin than 83% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

60%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$304,025

Up $39,197 (+15%) from 2021

Net Assets

$304,025

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin83rd percentile

Revenue

Up

$60,931

Up $22,798 (+60%) from 2021

Expenses

Down

$21,734

Down $14,477 (-40%) from 2021

Net Income

Up

$39,197

Up $37,275 (+1939%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$400K$300K$200K$100K$0Assets 2011: $290,964Liabilities 2011: $02011Assets 2012: $291,335Liabilities 2012: $02012Assets 2013: $291,530Liabilities 2013: $02013Assets 2014: $300,602Liabilities 2014: $02014Assets 2015: $297,934Liabilities 2015: $0Net Assets 2015: $297,9342015Assets 2016: $319,352Liabilities 2016: $0Net Assets 2016: $319,3522016Assets 2017: $277,202Liabilities 2017: $0Net Assets 2017: $277,2022017Assets 2018: $268,972Net Assets 2018: $268,9722018Assets 2019: $269,905Net Assets 2019: $269,9052019Assets 2020: $262,906Net Assets 2020: $262,9062020Assets 2021: $264,828Liabilities 2021: $02021Assets 2022: $304,025Net Assets 2022: $304,0252022Assets 2023: $287,518Liabilities 2023: $02023Assets 2024: $282,358Liabilities 2024: $02024

Highlighted filing

2022

Assets$304,025
Liabilities-
Net Assets$304,025
Open 2022 Filing

Operations Trend

Revenue Growth75th percentile

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

$100K$50K$0-$50KRevenue 2011: $20,408Expenses 2011: $33,395Net Income 2011: -$12,9872011Revenue 2012: $10,576Expenses 2012: $10,205Net Income 2012: $3712012Revenue 2013: $19,784Expenses 2013: $19,589Net Income 2013: $1952013Revenue 2014: $34,231Expenses 2014: $25,159Net Income 2014: $9,0722014Revenue 2015: $32,454Expenses 2015: $35,122Net Income 2015: -$2,6682015Revenue 2016: $38,290Expenses 2016: $50,712Net Income 2016: -$12,4222016Revenue 2017: $36,109Expenses 2017: $78,259Net Income 2017: -$42,1502017Revenue 2018: $67,748Expenses 2018: $75,978Net Income 2018: -$8,2302018Revenue 2019: $39,148Expenses 2019: $38,214Net Income 2019: $9342019Revenue 2020: $25,007Expenses 2020: $32,006Net Income 2020: -$6,9992020Revenue 2021: $38,133Expenses 2021: $36,211Net Income 2021: $1,9222021Revenue 2022: $60,931Expenses 2022: $21,734Net Income 2022: $39,1972022Revenue 2023: $21,027Expenses 2023: $37,555Net Income 2023: -$16,5282023Revenue 2024: $33,489Expenses 2024: $38,649Net Income 2024: -$5,1602024

Highlighted filing

2022

Revenue$60,931
Expenses$21,734
Net Income$39,197
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jan 23, 2023
Return Version
2021v4.0
Gross Receipts
$60,931
Mission and Program Overview

Mission

To provide scholarships to students enrolled in home furnishings and textile design programs, which will encourage students to enter these fields of study.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY.-$14,500
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDERSON GIBBONSPresident-$0--
KATHRYN RICHARDSONVice Preside-$0--
NATHAN COPELANDIndustry Lia-$0--
CARMEN HERNDON BARBEEIndustry Lia-$0--
MENDY KEARNSTreasurer-$0--
ELISE GABRIELSONBoard Member-$0--
ANDY PACUKBoard Member-$0--
PATRICK SHELTONBoard Member-$0--
STEVE GITTELSONBoard Member-$0--
CARRIE DILLONExecutive Di-$0--
DAVID LAPPERTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Itma Educational Foundation
EIN
56-2004758
Phone
3368856842
Address
305 WEST HIGH AVENUE, HIGH POINT, NC 27260

Signing Officer

Name
Carrie Dillon
Title
Executive Director
Phone
3368856842
Signed
2023-01-23

Preparer

Firm
Scott Cornelius CPA Pc
Address
211 W LEXINGTON AVE STE 106, HIGH POINT, NC 27262
Preparer
Scott Cornelius CPA
Phone
3368855100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 5,434 internship 1,000 vjdc award 7,500 overhead 6,000 total 19,934”

Form 990-ez, Part II, Line 24

“Pledges receivable 0 25,313 total 0 25,313”

Form 990-ez, Part III

“To provide scholarships to students enrolled in home furnishings and textile design programs, which will encourage students to enter these fields of study.”

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HIGH POINT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027260
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0264828
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0278712
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt041631
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039197
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GrossReceiptsAmt060931
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt019300
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0264828
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0304025
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0264828
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0304025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANDERSON GIBBONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHRYN RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NATHAN COPELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CARMEN HERNDON BARBEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MENDY KEARNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ELISE GABRIELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANDY PACUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PATRICK SHELTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STEVE GITTELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CARRIE DILLON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10DAVID LAPPERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2INDUSTRY LIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3INDUSTRY LIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025313
IRS990EZ/OtherExpensesTotalAmt019934
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt021734
IRS990EZ/TotalProgramServiceExpensesAmt014500
IRS990EZ/TotalRevenueAmt060931
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0FOUNDATION
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.INTERNATIONALTEXTILEALLIANCE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041631
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt041631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019300
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019300
IRS990ScheduleA/InvestmentIncomeCYPct00.32000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68320
IRS990ScheduleA/PublicSupportTotal509Amt041631
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt041631
IRS990ScheduleA/Total509Grp/TotalAmt041631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt060931
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt060931
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 5,434 INTERNSHIP 1,000 VJDC AWARD 7,500 OVERHEAD 6,000 TOTAL 19,934
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 0 25,313 TOTAL 0 25,313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE SCHOLARSHIPS TO STUDENTS ENROLLED IN HOME FURNISHINGS AND TEXTILE DESIGN PROGRAMS, WHICH WILL ENCOURAGE STUDENTS TO ENTER THESE FIELDS OF STUDY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CARRIE DILLON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03368856842
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITMA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ITMA
ReturnHeader/Filer/EIN0562004758
ReturnHeader/Filer/PhoneNum03368856842
ReturnHeader/Filer/USAddress/AddressLine1Txt0305 WEST HIGH AVENUE
ReturnHeader/Filer/USAddress/CityNm0HIGH POINT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027260
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823116843
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT CORNELIUS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 W LEXINGTON AVE STE 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIGH POINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027262
ReturnHeader/PreparerPersonGrp/PhoneNum03368855100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT CORNELIUS CPA
ReturnHeader/ReturnTs02023-01-26T11:48:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARRIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DILLON
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$304,025
Liabilities
-
Net assets
$304,025
Revenue
$60,931
Expenses
$21,734
Net income
$39,197
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$2.82$0.00$0.33$0.39$0.05
2023Summary only. Only limited summary data is available for this year.$2.88$0.00$0.21$0.38$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.04$3.04$0.61$0.22$0.39
2021Summary only. Only limited summary data is available for this year.$2.65$0.00$0.38$0.36$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.63$2.63$0.25$0.32$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$2.70$0.39$0.38$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.69$2.69$0.68$0.76$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.00$2.77$0.36$0.78$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$0.00$3.19$0.38$0.51$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.32$0.35$0.03
2014Summary only. Only limited summary data is available for this year.$3.01$0.00$0.34$0.25$0.09
2013Summary only. Only limited summary data is available for this year.$2.92$0.00$0.20$0.20$0.00
2012Summary only. Only limited summary data is available for this year.$2.91$0.00$0.11$0.10$0.00
2011Summary only. Only limited summary data is available for this year.$2.91$0.00$0.20$0.33$0.13