Civic Intelligence

The Benjamin and Edith Spaulding Descendants Foundation Inc

990EZ • Fiscal year 2018 • EIN 56-2068902

Oct 01, 2017 to Sep 30, 2018 • Filed on Sep 16, 2018

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

74th percentile

0.07x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.26x

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

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

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

43rd percentile

-1.2%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$102,561

Down $1,214 (-1.2%) from 2017

Net Assets

Down

$95,867

Down $3,314 (-3.3%) from 2017

Liabilities

Up

$6,694

Up $2,100 (+46%) from 2017

Revenue

Up

$25,737

Up $7,854 (+44%) from 2017

Expenses

Up

$29,050

Up $9,493 (+49%) from 2017

Net Income

Down

-$3,313

Down $1,639 (-98%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$102,561
Liabilities$6,694
Net Assets$95,867

Operations Trend

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

2018

Revenue$25,737
Expenses$29,050
Net Income-$3,313
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Sep 16, 2018
Return Version
2017v2.3
Gross Receipts
$25,737
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.-$7,482
Compensation and Service Providers

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
2018-09-16
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 105 dues & subscriptions 1,228 donations 1,309 office supplies & expense 52 insurance-business 1,750 awards, trophies, etc. 644 scholarships 2,000 taxes & licenses-other 19 non-investment depreciation 1,860 total 8,967

Form 990-ez, Part I, Line 20

ROUNDING -1

Form 990-ez, Part II, Line 24

Ghw center bldg. 72,549 72,549 less accumulated depreciation 3,407 5,267 total 69,142 67,282

Form 990-ez, Part II, Line 26

Deferred revenue 0 1,000 unsecured notes and loans payable 4,594 5,694

Raw XML Appendix168 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/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/BOYAmt017703
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018349
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012409
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3313
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0103775
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0102561
IRS990EZ/GrossReceiptsAmt025737
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0747
IRS990EZ/LandAndBuildingsGrp/BOYAmt016930
IRS990EZ/LandAndBuildingsGrp/EOYAmt016930
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0900
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt099181
IRS990EZ/NetAssetsOrFundBalancesEOYAmt095867
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt099181
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt095867
IRS990EZ/OccupancyRentUtltsAndMaintAmt019683
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/BOYAmt069142
IRS990EZ/OtherAssetsTotalDetail/EOYAmt067282
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherExpensesTotalAmt08967
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE, EDUCATIONAL AND LITERARY SCHOLARSHIPS
IRS990EZ/ProgramServiceRevenueAmt011681
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/ProgramServiceExpensesAmt07482
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04594
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06694
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029050
IRS990EZ/TotalProgramServiceExpensesAmt07482
IRS990EZ/TotalRevenueAmt025737
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt062846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0100520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0528
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012584
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt031876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0747
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03181
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.03000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97650
IRS990ScheduleA/PublicSupportPY509Pct00.97300
IRS990ScheduleA/PublicSupportTotal509Amt0132396
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024993
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt025903
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0769
IRS990ScheduleA/Total509Grp/TotalAmt0132396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt025740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt017883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt026431
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt063744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01779
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0135577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 105 DUES & SUBSCRIPTIONS 1,228 DONATIONS 1,309 OFFICE SUPPLIES & EXPENSE 52 INSURANCE-BUSINESS 1,750 AWARDS, TROPHIES, ETC. 644 SCHOLARSHIPS 2,000 TAXES & LICENSES-OTHER 19 NON-INVESTMENT DEPRECIATION 1,860 TOTAL 8,967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROUNDING -1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GHW CENTER BLDG. 72,549 72,549 LESS ACCUMULATED DEPRECIATION 3,407 5,267 TOTAL 69,142 67,282
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 0 1,000 UNSECURED NOTES AND LOANS PAYABLE 4,594 5,694
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MILTON ELMORE CAMPBELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193084252
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-16
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
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0558903AD2AC8C8FD17F65D6BC6F5E15C8235CF01
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.34.172.52
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:58:05
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/PreparationDt02018-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN LUONGO CPA
ReturnHeader/ReturnTs02018-11-14T12:58:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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