Civic Intelligence

The Benjamin and Edith Spaulding Descendants Foundation Inc

990EZ • Fiscal year 2019 • EIN 56-2068902

Oct 01, 2018 to Sep 30, 2019 • Filed on Nov 08, 2019

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

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

96th percentile

71%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

62nd percentile

9.8%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-10%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$112,636

Up $10,075 (+9.8%) from 2018

Net Assets

Up

$112,395

Up $16,528 (+17%) from 2018

Liabilities

Down

$241

Down $6,453 (-96%) from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin96th percentile

Revenue

Down

$23,160

Down $2,577 (-10%) from 2018

Expenses

Down

$6,633

Down $22,417 (-77%) from 2018

Net Income

Up

$16,527

Up $19,840 (+599%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2019

Assets$112,636
Liabilities$241
Net Assets$112,395
Open 2019 Filing

Operations Trend

Revenue Growth34th 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

2019

Revenue$23,160
Expenses$6,633
Net Income$16,527
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$23,160
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.-$4,785
Compensation and Service Providers
Top Officer PayScore unavailable

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
2019-11-08
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 15 credit card/processing fe 39 miscellaneous 250 office supplies & expense 594 postage & mailing 100 real estate/pers. Prop. T 2,222 taxes & licenses-other 250 website expense 453 total 3,923”

Form 990-ez, Part I, Line 20

“ROUNDING 1”

Form 990-ez, Part II, Line 26

“Deferred revenue 1,000 0 unsecured notes and loans payable 5,694 241”

Raw XML Appendix163 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/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/BOYAmt018349
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018268
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt021474
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016527
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0102561
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0112636
IRS990EZ/GrossReceiptsAmt023160
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0686
IRS990EZ/LandAndBuildingsGrp/BOYAmt084212
IRS990EZ/LandAndBuildingsGrp/EOYAmt094368
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt095867
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0112395
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt095867
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0112395
IRS990EZ/OccupancyRentUtltsAndMaintAmt02410
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/OtherChangesInNetAssetsAmt01
IRS990EZ/OtherExpensesTotalAmt03923
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE, EDUCATIONAL AND LITERARY SCHOLARSHIPS
IRS990EZ/ProgramServiceRevenueAmt01000
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/ProgramServiceExpensesAmt04785
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06694
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0241
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06633
IRS990EZ/TotalProgramServiceExpensesAmt04785
IRS990EZ/TotalRevenueAmt023160
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021474
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt062846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0121794
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0686
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0528
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0878
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02857
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt018703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt032307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0686
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02857
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98180
IRS990ScheduleA/PublicSupportPY509Pct00.97650
IRS990ScheduleA/PublicSupportTotal509Amt0154101
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt022474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024993
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt025903
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt062866
IRS990ScheduleA/Total509Grp/TotalAmt0154101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt026431
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt063744
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0156958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 15 CREDIT CARD/PROCESSING FE 39 MISCELLANEOUS 250 OFFICE SUPPLIES & EXPENSE 594 POSTAGE & MAILING 100 REAL ESTATE/PERS. PROP. T 2,222 TAXES & LICENSES-OTHER 250 WEBSITE EXPENSE 453 TOTAL 3,923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 1,000 0 UNSECURED NOTES AND LOANS PAYABLE 5,694 241
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 26
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MILTON ELMORE CAMPBELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193084252
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-08
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/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.34.172.52
ReturnHeader/FilingSecurityInformation/IPDt02019-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:52:55
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/PreparationDt02019-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN LUONGO CPA
ReturnHeader/ReturnTs02019-11-11T10:52:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,636
Liabilities
$241
Net assets
$112,395
Revenue
$23,160
Expenses
$6,633
Net income
$16,527
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