Civic Intelligence

Community Foundations Inc.

990 • Fiscal year 2018 • EIN 56-2067827

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profilewww.cfcdc.org
PO Box 827Mooresville, NC 28115

(704) 799-7641

Siviq Scores

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

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.24x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-109%

Higher net margin than 7% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Top Officer Pay

85th percentile

$41,340

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 144.4% of source-year revenue.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Asset Growth

14th percentile

-20%

Faster asset growth than 14% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-57%

Faster revenue growth than 12% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$187,619

Down $47,345 (-20%) from 2017

Net Assets

$180,642

No earlier filing loaded for comparison.

Liabilities

Down

$6,977

Down $17,094 (-71%) from 2017

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin7th percentile

Revenue

Down

$28,637

Down $38,574 (-57%) from 2017

Expenses

Down

$59,801

Down $245 (-0.4%) from 2017

Net Income

Down

-$31,164

Down $38,329 (-535%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $600,576Liabilities 2011: $453,147Net Assets 2011: $147,4292011Assets 2012: $498,165Liabilities 2012: $349,499Net Assets 2012: $148,6662012Assets 2013: $67,997Liabilities 2013: $1,3772013Assets 2014: $51,582Liabilities 2014: $2,6732014Assets 2015: $214,511Liabilities 2015: $30,6012015Assets 2016: $210,005Liabilities 2016: $6,048Net Assets 2016: $203,9572016Assets 2017: $234,964Liabilities 2017: $24,0712017Assets 2018: $187,619Liabilities 2018: $6,977Net Assets 2018: $180,6422018Assets 2019: $252,907Liabilities 2019: $3,976Net Assets 2019: $248,9312019Assets 2020: $325,363Liabilities 2020: $1,767Net Assets 2020: $323,5962020Assets 2021: $459,499Liabilities 2021: $4,929Net Assets 2021: $454,5702021Assets 2022: $504,066Liabilities 2022: $3,185Net Assets 2022: $500,8812022Assets 2023: $763,790Liabilities 2023: $231,638Net Assets 2023: $532,1522023Assets 2024: $1,064,113Liabilities 2024: $595,524Net Assets 2024: $468,5892024

Highlighted filing

2018

Assets$187,619
Liabilities$6,977
Net Assets$180,642
Open 2018 Filing

Operations Trend

Revenue Growth12th percentile

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

$300K$200K$100K$0-$100KExpenses 2011: $299,7652011Expenses 2012: $247,7682012Revenue 2013: -$16,784Expenses 2013: $65,262Net Income 2013: -$82,0462013Revenue 2014: $19,672Expenses 2014: $38,241Net Income 2014: -$18,5692014Revenue 2015: $190,396Expenses 2015: $55,396Net Income 2015: $135,0002015Revenue 2016: $85,619Expenses 2016: $65,043Net Income 2016: $20,5762016Revenue 2017: $67,211Expenses 2017: $60,046Net Income 2017: $7,1652017Revenue 2018: $28,637Expenses 2018: $59,801Net Income 2018: -$31,1642018Revenue 2019: $162,424Expenses 2019: $94,135Net Income 2019: $68,2892019Revenue 2020: $149,863Expenses 2020: $75,198Net Income 2020: $74,6652020Revenue 2021: $222,351Expenses 2021: $91,377Net Income 2021: $130,9742021Revenue 2022: $168,692Expenses 2022: $122,381Net Income 2022: $46,3112022Revenue 2023: $181,351Expenses 2023: $150,080Net Income 2023: $31,2712023Revenue 2024: $144,556Expenses 2024: $208,119Net Income 2024: -$63,5632024

Highlighted filing

2018

Revenue$28,637
Expenses$59,801
Net Income-$31,164
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$368,324
Mission and Program Overview

Mission

The Organization's mission is to provide individuals and families a firm foundation through financial education, the encouragement of home ownership and to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,924$138,301▲ $131,377
Land, Buildings, and Equipment, Net$23,028$0▼ $23,028
Pledges and Grants Receivable-$11,484-
Prepaid Expenses and Deferred Charges$900$450▼ $450
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$234,964$187,619▼ $47,345
Other Assets Total$204,112$37,384▼ $166,728
Liabilities
Accounts Payable and Accrued Expenses$24,071$6,977▼ $17,094
Total Liabilities$24,071$6,977▼ $17,094
Net Assets / Fund Balance
Unrestricted Net Assets$210,893$180,642▼ $30,251
Total Net Assets Fund Balance$210,893$180,642▼ $30,251
Total Liabilities and Net Assets / Fund Balance$234,964$187,619▼ $47,345

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$35,306--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathie BrantleyExecutive DirectorFT$39,000$2,340$41,340

Board Members and Trustees

NameTitle
Debbie BrawleyChair
Carolyn WhiteVice Chair
Alan GuffyMember
Carl RuggerioMember
Lisa NewellMember
Lisa QuallsMember
Nicole DavisMember
Inetta BlackSecretary
Brenda McKeeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Sarlin ConstructionConstruction169 Wood Duck Loop, Mooresville, NC 28117$117,144
Revenue and Support

Revenue Composition

Contributions and Grants
$60,325
Program Service Revenue
$0
Investment Income
$-32,308
Other Revenue
$620
All Other Contributions
$60,325
Change in Net Assets
$-31,164

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,637
Revenue Not Reported on Form 990
$339,687
Total Revenue per Audited Statements
$368,324
Total Revenue per Form 990
$28,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,175
Other Expenses$16,626
Total Fundraising Expense$1,372
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,278$1,603$1,203$40,084
Occupancy$6,092--$6,092
Insurance$3,534$61$46$3,641
Payroll Taxes$2,874$124$93$3,091
Fees for Services Other$1,954--$1,954
Interest$1,068--$1,068
Office Expenses$785$34$25$844
All Other Expenses$234$66-$300
Other Expenses$160$6$5$171
Total Functional Expenses$56,535$1,894$1,372$59,801

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$399,488
Expenses Not Reported on Form 990$339,687
Expenses per Audited Statements$59,801
Total Expenses per Form 990$59,801
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
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
Audit committee
No
Backup withholding compliance
Yes
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

“The Executive Director and the Board Chair review the 990 prior to it being filed due to time constraints. Following the completion of the audit, the Board is provided with a complete copy of the audit and the 990 for their review and comments.”

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

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Community Foundation CDC Inc
EIN
56-2067827
Phone
7047997641
Address
PO Box 827, Mooresville, NC 28115

Signing Officer

Name
Debbie Brawley
Title
Chair
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Brawley
Formed
1997
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
10

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Terry W Lancaster
Phone
7043721515
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Cost of goods sold $339687”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Cost of goods sold $339687”

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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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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06092
IRS990/OccupancyGrp/TotalAmt06092
IRS990/OfficeExpensesGrp/FundraisingAmt025
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034
IRS990/OfficeExpensesGrp/ProgramServicesAmt0785
IRS990/OfficeExpensesGrp/TotalAmt0844
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0204112
IRS990/OtherAssetsTotalGrp/EOYAmt037384
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Homebuyers expenses
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Repairs and maintenance
IRS990/OtherExpensesGrp/Desc3Property Taxes
IRS990/OtherExpensesGrp/FundraisingAmt05
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06
IRS990/OtherExpensesGrp/ProgramServicesAmt01230
IRS990/OtherExpensesGrp/ProgramServicesAmt1732
IRS990/OtherExpensesGrp/ProgramServicesAmt2594
IRS990/OtherExpensesGrp/ProgramServicesAmt3160
IRS990/OtherExpensesGrp/TotalAmt01230
IRS990/OtherExpensesGrp/TotalAmt1732
IRS990/OtherExpensesGrp/TotalAmt2594
IRS990/OtherExpensesGrp/TotalAmt3171
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0620
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0620
IRS990/OtherRevenueTotalAmt0620
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt093
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0124
IRS990/PayrollTaxesGrp/ProgramServicesAmt02874
IRS990/PayrollTaxesGrp/TotalAmt03091
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011484
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0450
IRS990/PrincipalOfficerNm0Debbie Brawley
IRS990/PriorPeriodAdjustmentsAmt0913
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt062091
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt017601
IRS990/PYProgramServiceRevenueAmt05120
IRS990/PYRevenuesLessExpensesAmt07165
IRS990/PYSalariesCompEmpBnftPaidAmt042445
IRS990/PYTotalExpensesAmt060046
IRS990/PYTotalRevenueAmt067211
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-31164
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt062091
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt072636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0411806
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0411806
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt062091
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt072636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0411806
IRS990ScheduleA/TotalSupportAmt0411806
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0339687
IRS990ScheduleD/ExpensesSubtotalAmt059801
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02078
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt135306
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Process
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REAL ESTATE HELD FOR PROGRAM SERVICES
IRS990ScheduleD/OtherExpensesIncludedAmt0339687
IRS990ScheduleD/OtherRevenueAmt0339687
IRS990ScheduleD/RevenueNotReportedAmt0339687
IRS990ScheduleD/RevenueSubtotalAmt028637
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Cost of goods sold $339687
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of goods sold $339687
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueOtherAssetsAmt037384
IRS990ScheduleD/TotalExpensesPerForm990Amt059801
IRS990ScheduleD/TotalRevenuePerForm990Amt028637
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0368324
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0399488
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director and the Board Chair review the 990 prior to it being filed due to time constraints. Following the completion of the audit, the Board is provided with a complete copy of the audit and the 990 for their review and comments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0234964
IRS990/TotalAssetsEOYAmt0187619
IRS990/TotalAssetsGrp/BOYAmt0234964
IRS990/TotalAssetsGrp/EOYAmt0187619
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt060325
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01372
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01894
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056535
IRS990/TotalFunctionalExpensesGrp/TotalAmt059801

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$187,619
Liabilities
$6,977
Net assets
$180,642
Revenue
$28,637
Expenses
$59,801
Net income
-$31,164
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.60$0.47$0.14$0.21$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.23$0.53$0.18$0.15$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.17$0.12$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.45$0.22$0.09$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.32$0.15$0.08$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.16$0.09$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.03$0.06$0.03
2017Summary only. Only limited summary data is available for this year.$0.23$0.02$0.07$0.06$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.01$0.20$0.09$0.07$0.02
2015Summary only. Only limited summary data is available for this year.$0.21$0.03$0.19$0.06$0.14
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.02$0.04$0.02
2013Summary only. Only limited summary data is available for this year.$0.07$0.00$0.02$0.07$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.35$0.15$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.45$0.15$0.30