Civic Intelligence

Lucius Wade Edwards Private Foundation Inc.

990PF • Fiscal year 2018 • EIN 56-2026070

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 21, 2019

P O Box 90863Raleigh, NC 27675

(919) 856-9233

Siviq Scores

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

Liabilities / Assets

87th percentile

0.00x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

0.06x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2018

Net Margin

10th percentile

-227%

Higher net margin than 10% of similar nonprofits.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

98th percentile

$69,020

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 105.7% of source-year revenue.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2018

Asset Growth

16th percentile

-9.4%

Faster asset growth than 16% of similar nonprofits.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-48%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,391,602

Down $144,353 (-9.4%) from 2017

Net Assets

Down

$1,387,542

Down $148,413 (-9.7%) from 2017

Liabilities

Up

$4,060

Up $4,060 from 2017

Revenue

Down

$65,328

Down $61,414 (-48%) from 2017

Expenses

Down

$213,320

Down $8,575 (-3.9%) from 2017

Net Income

Down

-$147,992

Down $52,839 (-56%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,286,569Liabilities 2011: $3,9962011Assets 2012: $2,120,246Liabilities 2012: $02012Assets 2013: $2,052,398Liabilities 2013: $02013Assets 2014: $2,079,515Liabilities 2014: $02014Assets 2015: $1,833,576Liabilities 2015: $02015Assets 2016: $1,638,539Liabilities 2016: $3,438Net Assets 2016: $1,635,1012016Assets 2017: $1,535,955Liabilities 2017: $0Net Assets 2017: $1,535,9552017Assets 2018: $1,391,602Liabilities 2018: $4,060Net Assets 2018: $1,387,5422018Assets 2019: $1,196,471Liabilities 2019: $0Net Assets 2019: $1,196,4712019Assets 2020: $1,008,346Liabilities 2020: $4,700Net Assets 2020: $1,003,6462020Assets 2021: $1,092,161Liabilities 2021: $9,729Net Assets 2021: $1,082,4322021Assets 2022: $909,842Liabilities 2022: $0Net Assets 2022: $909,8422022Assets 2023: $752,607Liabilities 2023: $0Net Assets 2023: $752,6072023Assets 2024: $852,625Liabilities 2024: $0Net Assets 2024: $852,6252024

Highlighted filing

2018

Assets$1,391,602
Liabilities$4,060
Net Assets$1,387,542

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $335,443Expenses 2011: $252,809Net Income 2011: $82,6342011Revenue 2012: $74,451Expenses 2012: $229,964Net Income 2012: -$155,5132012Revenue 2013: $150,697Expenses 2013: $223,446Net Income 2013: -$72,7492013Revenue 2014: $236,532Expenses 2014: $209,493Net Income 2014: $27,0392014Revenue 2015: $25,322Expenses 2015: $270,260Net Income 2015: -$244,9382015Revenue 2016: $64,234Expenses 2016: $263,356Net Income 2016: -$199,1222016Revenue 2017: $126,742Expenses 2017: $221,895Net Income 2017: -$95,1532017Revenue 2018: $65,328Expenses 2018: $213,320Net Income 2018: -$147,9922018Revenue 2019: $25,081Expenses 2019: $215,781Net Income 2019: -$190,7002019Revenue 2020: $22,396Expenses 2020: $215,489Net Income 2020: -$193,0932020Revenue 2021: $316,230Expenses 2021: $237,045Net Income 2021: $79,1852021Revenue 2022: $38,779Expenses 2022: $211,496Net Income 2022: -$172,7172022Revenue 2023: $9,527Expenses 2023: $166,677Net Income 2023: -$157,1502023Revenue 2024: $111,532Expenses 2024: $11,554Net Income 2024: $99,9782024

Highlighted filing

2018

Revenue$65,328
Expenses$213,320
Net Income-$147,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 21, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETSEY A MCFARLANDExecutive Di-$69,020-$69,020
JOHN R EDWARDSChair, Direc-$0--
DAVID F KIRBYVice Chair,-$0--
CATHARINE E EDWARDSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lucius Wade Edwards Private Fdtn
EIN
56-2026070
Phone
9198569233
Address
P O BOX 90863, RALEIGH, NC 27675

Signing Officer

Name
John R Edwards
Title
Chair, Director
Phone
9198569233
Signed
2019-08-21

Preparer

Firm
Maddison & Caison Llp
Address
1111 OBERLIN RD, RALEIGH, NC 27605-1136
Preparer
Laurence B Maddison Iii
Phone
9198215482
Raw XML Appendix349 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.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0JOHN R EDWARDS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1DAVID F KIRBY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2CATHARINE E EDWARDS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3BETSEY A MCFARLAND
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0CHAIR, DIREC
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3EXECUTIVE DI
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt23105 BEAUFORT ST
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt31219 STURDIVANT DRIVE
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt02005 HILLOCK DRIVE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine2Txt027612
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0RALEIGH
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NC
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd027612
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NC
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0LAURA HARPER
IRS990PF/StatementsRegardingActyGrp/PhoneNum09197872762
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0JOHN R EDWARDS
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1DAVID F KIRBY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt052044
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0FUNDING REQUEST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0WADE EDWARDS PUBLIC FDTN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine2Txt0WADE EDWARDS PUBLIC FDTN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PUBLIC CHAR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0914 ST MARYS ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine2Txt0914 ST MARYS ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0RALEIGH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd027605
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt052044
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt078050
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt078050
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt054513
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt093206
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0150100
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt086387
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt0115209
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0115209
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0506418
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0122212
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt054513
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt093206
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0150100
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt086387
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0200262
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0122212
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0621627
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0499415
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt03482
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0FEDERAL ESTIMATED TAX PREPAYMENT
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt02276
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt02276
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0709
OtherDecreasesSchedule/OtherDecreasesDetail/Desc01099 VS MONTHLY STMT DIFFERENCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1PAYROLL PROCESSING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2BALENTINE ACCOUNT FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0180
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt09870
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0180
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt19870
OtherIncreasesSchedule/OtherIncreasesDetail/Amt06
OtherIncreasesSchedule/OtherIncreasesDetail/Amt1282
OtherIncreasesSchedule/OtherIncreasesDetail/Desc01099 VS MONTHLY INVEST STMT DIFFERENCE
OtherIncreasesSchedule/OtherIncreasesDetail/Desc11099 VS MONTHLY INVEST STMT DIFFERENCE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0PAYROLL LIABILITIES
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc1ACCOUNTS PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt03403
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt1657
TaxesSchedule/TaxesDetail/Amt02275
TaxesSchedule/TaxesDetail/Amt1913
TaxesSchedule/TaxesDetail/Amt210818
TaxesSchedule/TaxesDetail/CategoryTxt02017 FEDERAL EXCISE TAX
TaxesSchedule/TaxesDetail/CategoryTxt1FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt2PAYROLL
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt010818
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0913
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN R EDWARDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR, DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09198569233
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUCIUS WADE EDWARDS PRIVATE FDTN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0LUCI
ReturnHeader/Filer/EIN0562026070
ReturnHeader/Filer/PhoneNum09198569233
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 90863
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027675
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03568A8C79D7BB4EDED8BF0F74EA0727C6811442F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C459CEB54BCCB527512F51313AD1BBDEF802C82E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-09-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:09:02
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MADDISON & CAISON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 OBERLIN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0276051136
ReturnHeader/PreparerPersonGrp/PhoneNum09198215482
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURENCE B MADDISON III
ReturnHeader/ReturnTs02019-09-17T16:09:02-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.11$0.01$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.01$0.17$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.04$0.21$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.08$0.32$0.24$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.00$0.02$0.22$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.03$0.22$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.07$0.21$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.13$0.22$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.06$0.26$0.20
2015Summary only. Only limited summary data is available for this year.$1.83$0.00$0.03$0.27$0.24
2014Summary only. Only limited summary data is available for this year.$2.08$0.00$0.24$0.21$0.03
2013Summary only. Only limited summary data is available for this year.$2.05$0.00$0.15$0.22$0.07
2012Summary only. Only limited summary data is available for this year.$2.12$0.00$0.07$0.23$0.16
2011Summary only. Only limited summary data is available for this year.$2.29$0.00$0.34$0.25$0.08