Civic Intelligence

The Benjamin and Edith Spaulding Descendants Foundation Inc

990EZ • Fiscal year 2017 • EIN 56-2068902

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 05, 2018

Organization ProfileN/A
Attn Milton Campbell 7 Jenee LaneDurham, NC 27703

(919) 308-4252

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

24th percentile

-9.4%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

51st percentile

2.9%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-32%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$103,775

Up $2,920 (+2.9%) from 2016

Net Assets

Down

$99,181

Down $1,674 (-1.7%) from 2016

Liabilities

$4,594

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin24th percentile

Revenue

Down

$17,883

Down $8,548 (-32%) from 2016

Expenses

Up

$19,557

Up $1,092 (+5.9%) from 2016

Net Income

Down

-$1,674

Down $9,640 (-121%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$300K$200K$100K$0Assets 2012: $28,409Liabilities 2012: $02012Assets 2013: $31,183Net Assets 2013: $31,1832013Assets 2014: $29,721Net Assets 2014: $29,7212014Assets 2015: $94,089Liabilities 2015: $1,200Net Assets 2015: $92,8892015Assets 2016: $100,855Net Assets 2016: $100,8552016Assets 2017: $103,775Liabilities 2017: $4,594Net Assets 2017: $99,1812017Assets 2018: $102,561Liabilities 2018: $6,694Net Assets 2018: $95,8672018Assets 2019: $112,636Liabilities 2019: $241Net Assets 2019: $112,3952019Assets 2020: $124,548Net Assets 2020: $124,5482020Assets 2021: $122,547Net Assets 2021: $122,5472021Assets 2022: $172,002Net Assets 2022: $172,0022022Assets 2023: $202,194Net Assets 2023: $202,1942023Assets 2024: $255,455Net Assets 2024: $255,4552024Assets 2025: $250,187Net Assets 2025: $250,1872025

Highlighted filing

2017

Assets$103,775
Liabilities$4,594
Net Assets$99,181
Open 2017 Filing

Operations Trend

Revenue Growth15th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2012: $2,358Expenses 2012: $5,722Net Income 2012: -$3,3642012Revenue 2013: $8,039Expenses 2013: $5,266Net Income 2013: $2,7732013Revenue 2014: $1,396Expenses 2014: $2,858Net Income 2014: -$1,4622014Revenue 2015: $65,327Expenses 2015: $2,158Net Income 2015: $63,1692015Revenue 2016: $26,431Expenses 2016: $18,465Net Income 2016: $7,9662016Revenue 2017: $17,883Expenses 2017: $19,557Net Income 2017: -$1,6742017Revenue 2018: $25,737Expenses 2018: $29,050Net Income 2018: -$3,3132018Revenue 2019: $23,160Expenses 2019: $6,633Net Income 2019: $16,5272019Revenue 2020: $44,975Expenses 2020: $32,823Net Income 2020: $12,1522020Revenue 2021: $31,841Expenses 2021: $33,843Net Income 2021: -$2,0022021Revenue 2022: $84,140Expenses 2022: $34,686Net Income 2022: $49,4542022Revenue 2023: $66,181Expenses 2023: $35,989Net Income 2023: $30,1922023Revenue 2024: $164,838Expenses 2024: $111,578Net Income 2024: $53,2602024Revenue 2025: $38,080Expenses 2025: $43,348Net Income 2025: -$5,2682025

Highlighted filing

2017

Revenue$17,883
Expenses$19,557
Net Income-$1,674
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 5, 2018
Return Version
2016v3.0
Gross Receipts
$17,883
Mission and Program Overview

Mission

Charitable, educational and literary scholarships

Program Services

DescriptionGrantsExpenses
TO PROVIDE A DOCUMENTED HISTORY OF THE SPAULDING FAMILY AND TO PROVIDE A MEANS OF ADVERTISING FOR FUTURE CHARITABLE PURPOSES. THIS WILL BENEFIT ANY NUMBER OF PEOPLE.-$5,368
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MILTON ELMORE CAMPBELLPresidentPT$0--
LUKE ALEXANDERVice-Pres.PT$0--
STACY S ROBINSONSecretaryPT$0--
CATHY SPAULDINGTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Benjamin and Edith Spaulding
EIN
56-2068902
Phone
9193084252
Address
ATTN MILTON CAMPBELL 7 JENEE LANE, DURHAM, NC 27703

Signing Officer

Name
Milton Elmore Campbell
Title
President
Phone
9193084252
Signed
2018-01-05
Discuss with paid preparer
Yes

Preparer

Firm
Luongo & Associates Pc Cpas
Address
6223 CRAIN HIGHWAY, UPPER MARLBORO, MD 20772
Preparer
Benjamin Luongo CPA
Phone
3019529437
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank service charges 112 donations 850 ghw project expense 100 office supplies & expense 1,188 insurance-business 3,247 website expense 264 non-investment depreciation 1,757 total 7,518”

Form 990-ez, Part II, Line 24

“Ghw center bldg. 61,779 72,549 less accumulated depreciation 1,650 3,407 total 60,129 69,142”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 0 4,594”

Raw XML Appendix158 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0MILTON CAMPBELL
IRS990EZ/BooksInCareOfDetail/PhoneNum09193084252
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07 JENEE LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027703
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023796
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017703
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017865
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1674
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100855
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0103775
IRS990EZ/GrossReceiptsAmt017883
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt018
IRS990EZ/LandAndBuildingsGrp/BOYAmt016930
IRS990EZ/LandAndBuildingsGrp/EOYAmt016930
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0100855
IRS990EZ/NetAssetsOrFundBalancesEOYAmt099181
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0100855
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt099181
IRS990EZ/OccupancyRentUtltsAndMaintAmt011529
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MILTON ELMORE CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LUKE ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STACY S ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CATHY SPAULDING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060129
IRS990EZ/OtherAssetsTotalDetail/EOYAmt069142
IRS990EZ/OtherExpensesTotalAmt07518
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE, EDUCATIONAL AND LITERARY SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A DOCUMENTED HISTORY OF THE SPAULDING FAMILY AND TO PROVIDE A MEANS OF ADVERTISING FOR FUTURE CHARITABLE PURPOSES. THIS WILL BENEFIT ANY NUMBER OF PEOPLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05368
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0210
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04594
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019557
IRS990EZ/TotalProgramServiceExpensesAmt05368
IRS990EZ/TotalRevenueAmt017883
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt062846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt095406
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0528
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0744
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt018703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0744
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03178
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97300
IRS990ScheduleA/PublicSupportPY509Pct00.96070
IRS990ScheduleA/PublicSupportTotal509Amt0114698
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025903
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt062866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07295
IRS990ScheduleA/Total509Grp/TotalAmt0114698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt017883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026431
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt063744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01779
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08039
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0117876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 112 DONATIONS 850 GHW PROJECT EXPENSE 100 OFFICE SUPPLIES & EXPENSE 1,188 INSURANCE-BUSINESS 3,247 WEBSITE EXPENSE 264 NON-INVESTMENT DEPRECIATION 1,757 TOTAL 7,518
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GHW CENTER BLDG. 61,779 72,549 LESS ACCUMULATED DEPRECIATION 1,650 3,407 TOTAL 60,129 69,142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 0 4,594
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MILTON ELMORE CAMPBELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193084252
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BENJAMIN AND EDITH SPAULDING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DESCENDANTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BENJ
ReturnHeader/Filer/EIN0562068902
ReturnHeader/Filer/PhoneNum09193084252
ReturnHeader/Filer/USAddress/AddressLine1Txt0ATTN MILTON CAMPBELL 7 JENEE LANE
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0558903AD2AC8C8FD17F65D6BC6F5E15C8235CF01
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0558903AD2AC8C8FD17F65D6BC6F5E15C8235CF01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010770823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUONGO & ASSOCIATES PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06223 CRAIN HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UPPER MARLBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020772
ReturnHeader/PreparerPersonGrp/PhoneNum03019529437
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN LUONGO CPA
ReturnHeader/ReturnTs02018-01-23T12:10:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$103,775
Liabilities
$4,594
Net assets
$99,181
Revenue
$17,883
Expenses
$19,557
Net income
-$1,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.50$2.50$0.38$0.43$0.05
2024Detailed filing. Detailed filing data is available for this year.$2.55$2.55$1.65$1.12$0.53
2023Detailed filing. Detailed filing data is available for this year.$2.02$2.02$0.66$0.36$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.72$1.72$0.84$0.35$0.49
2021Detailed filing. Detailed filing data is available for this year.$1.23$1.23$0.32$0.34$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.25$1.25$0.45$0.33$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.12$0.23$0.07$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.07$0.96$0.26$0.29$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.99$0.18$0.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.26$0.18$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.65$0.02$0.63
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.01$0.03$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.31$0.08$0.05$0.03
2012Summary only. Only limited summary data is available for this year.$0.28$0.00$0.02$0.06$0.03