Civic Intelligence

North Carolina Textile Foundation Inc.

990 • Fiscal year 2018 • EIN 56-6045324

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 07, 2018

Organization ProfileWWW.TX.NCSU.EDU
Campus Box 8301Raleigh, NC 27695-8301

(919) 515-3878

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2018 filings • NTEE B • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

23rd percentile

0.10x

Higher debt load relative to revenue than 23% of similar nonprofits.

2018 filings • NTEE B • $25M-$50M nonprofits • Source year 2018

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2018 filings • NTEE B • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

21st percentile

$111,119

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2018 filings • NTEE B • $25M-$50M nonprofits • Source year 2018

Asset Growth

69th percentile

6.0%

Faster asset growth than 69% of similar nonprofits.

2018 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

19%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$48,621,257

Up $2,744,716 (+6.0%) from 2017

Net Assets

Up

$48,201,545

Up $2,772,842 (+6.1%) from 2017

Liabilities

Down

$419,712

Down $28,126 (-6.3%) from 2017

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin77th percentile

Revenue

Up

$4,312,225

Up $676,677 (+19%) from 2017

Expenses

Up

$3,488,374

Up $385,833 (+12%) from 2017

Net Income

Up

$823,851

Up $290,844 (+55%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$150M$100M$50M$0Assets 2011: $33,189,250Liabilities 2011: $588,579Net Assets 2011: $32,600,6712011Assets 2012: $33,222,255Liabilities 2012: $671,441Net Assets 2012: $32,550,8142012Assets 2013: $38,485,372Liabilities 2013: $689,359Net Assets 2013: $37,796,0132013Assets 2014: $43,429,135Liabilities 2014: $516,443Net Assets 2014: $42,912,6922014Assets 2015: $44,528,935Liabilities 2015: $514,171Net Assets 2015: $44,014,7642015Assets 2016: $42,454,400Liabilities 2016: $466,523Net Assets 2016: $41,987,8772016Assets 2017: $45,876,541Liabilities 2017: $447,838Net Assets 2017: $45,428,7032017Assets 2018: $48,621,257Liabilities 2018: $419,712Net Assets 2018: $48,201,5452018Assets 2019: $63,460,204Liabilities 2019: $541,535Net Assets 2019: $62,918,6692019Assets 2020: $68,426,543Liabilities 2020: $483,732Net Assets 2020: $67,942,8112020Assets 2021: $89,766,290Liabilities 2021: $467,252Net Assets 2021: $89,299,0382021Assets 2022: $84,834,428Liabilities 2022: $463,146Net Assets 2022: $84,371,2822022Assets 2023: $84,202,750Liabilities 2023: $463,490Net Assets 2023: $83,739,2602023Assets 2024: $92,800,052Liabilities 2024: $395,475Net Assets 2024: $92,404,5772024Assets 2025: $104,571,165Liabilities 2025: $356,216Net Assets 2025: $104,214,9492025

Highlighted filing

2018

Assets$48,621,257
Liabilities$419,712
Net Assets$48,201,545
Open 2018 Filing

Operations Trend

Revenue Growth77th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,712,091Expenses 2011: $1,778,602Net Income 2011: -$66,5112011Revenue 2012: $3,345,647Expenses 2012: $1,874,774Net Income 2012: $1,470,8732012Revenue 2013: $4,574,753Expenses 2013: $2,017,953Net Income 2013: $2,556,8002013Revenue 2014: $3,485,977Expenses 2014: $2,284,722Net Income 2014: $1,201,2552014Revenue 2015: $5,165,430Expenses 2015: $2,488,682Net Income 2015: $2,676,7482015Revenue 2016: $4,205,136Expenses 2016: $2,839,340Net Income 2016: $1,365,7962016Revenue 2017: $3,635,548Expenses 2017: $3,102,541Net Income 2017: $533,0072017Revenue 2018: $4,312,225Expenses 2018: $3,488,374Net Income 2018: $823,8512018Revenue 2019: $14,792,675Expenses 2019: $4,063,829Net Income 2019: $10,728,8462019Revenue 2020: $8,605,046Expenses 2020: $3,783,732Net Income 2020: $4,821,3142020Revenue 2021: $14,376,026Expenses 2021: $3,253,748Net Income 2021: $11,122,2782021Revenue 2022: $5,103,985Expenses 2022: $3,689,405Net Income 2022: $1,414,5802022Revenue 2023: $6,538,403Expenses 2023: $4,719,381Net Income 2023: $1,819,0222023Revenue 2024: $6,908,763Expenses 2024: $4,706,717Net Income 2024: $2,202,0462024Revenue 2025: $11,450,249Expenses 2025: $5,466,543Net Income 2025: $5,983,7062025

Highlighted filing

2018

Revenue$4,312,225
Expenses$3,488,374
Net Income$823,851
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$21,561,995
Mission and Program Overview

Mission

To advance wilson college of textiles through engagement, partnership and philanthropy. As a charitable organization, the foundation supports the college and dean of the college and such support shall include but is not limited to providing funds for scholarships to deserving undergraduate and graduate students; recruitment and retention of highly qualified students, educators and researchers; and placement of graduates. The foundation also assists in the acquisition and maintenance of state-of-the-art equipment and facilities for research and education.

Support the college of textiles at north carolina state university through scholarships, professorships, research and other needs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$43,186,085$46,654,862▲ $3,468,777
Investments Other Securities$2,347,766$1,878,537▼ $469,229
Cash and Non-Interest-Bearing Accounts$115,546$34,015▼ $81,531
Land, Buildings, and Equipment, Net$13,031$10,789▼ $2,242
Total Assets$45,876,541$48,621,257▲ $2,744,716
Other Assets Total$214,113$43,054▼ $171,059
Liabilities
Accounts Payable and Accrued Expenses$447,838$419,712▼ $28,126
Total Liabilities$447,838$419,712▼ $28,126
Net Assets / Fund Balance
Temporarily Rstr Net Assets$20,851,232$22,746,201▲ $1,894,969
Permanently Rstr Net Assets$18,495,985$19,019,122▲ $523,137
Unrestricted Net Assets$6,081,486$6,436,222▲ $354,736
Total Net Assets Fund Balance$45,428,703$48,201,545▲ $2,772,842
Total Liabilities and Net Assets / Fund Balance$45,876,541$48,621,257▲ $2,744,716

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,789$22,365$33,154

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$44,540,564$513,521▲ $3,916,846-$46,672,253
2016$41,198,724$439,106▲ $5,195,631-$44,540,564
2015$43,407,289$302,624▼ $520,469-$41,198,724
2014$42,258,900$2,645,675▲ $258,896-$43,407,289
2013$37,374,156$564,528▲ $5,983,084-$42,258,900
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Carrie BhadaExecutive Director/ex-offiFT$111,119$111,119

Board Members and Trustees

NameTitle
Charles S Heilig IiiPresident
Rick ElmoreVice President
Allen Gant JrDirector
Brendan SullivanDirector
Derick S CloseDirector
Ellen RohdeDirector
F Dale HayesDirector
George RagsdaleDirector
Karen StuckeyDirector
Ken KunbergerDirector
Les MillerDirector
Peaches Gunter BlankDirector
Robin PerkinsDirector
Ty HugginsDirector
David HinksEx-officio Member
Nancy WebsterSecretary
Brian McmurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,164,836
Program Service Revenue
$0
Investment Income
$2,146,253
Other Revenue
$1,136
All Other Contributions
$2,164,836
Change in Net Assets
$823,851

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,137,208
Revenue Not Reported on Financial Statements
$175,017
Revenue Not Reported on Form 990
$1,948,991
Total Revenue per Audited Statements
$6,086,199
Total Revenue per Form 990
$4,312,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,649,767
Other Expenses$838,607
Total Fundraising Expense$194,640
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,649,767--$2,649,767
Fees for Service Investment Mgmnt Fees-$175,017-$175,017
Travel-$5,134$60,345$65,479
Fees for Services Other-$41,134-$41,134
Conferences and Meetings-$8,581$19,295$27,876
All Other Expenses-$6,474$2,355$8,829
Other Expenses-$2,189$6,849$6,849
Insurance-$6,274-$6,274
Office Expenses-$5,079-$5,079
Depreciation Depletion-$3,316-$3,316
Total Functional Expenses$2,649,767$643,967$194,640$3,488,374

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,488,374
Expenses per Audited Statements$3,313,357
Total Expenses per Audited Statements$3,313,357
Expenses Not Reported on Financial Statements$175,017
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nc State University College of TextilesRaleigh, NC501(c)(3)To Provide for Student Scholarships, Fund Research and Professorships and Assist With Capital Purchases$2,649,767
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

“The form 990 is provided to the board members to review and approve prior to the filing deadline.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to review and sign the conflict of interest policy at each board meeting”

Form 990, Part VI, Section B, Line 15

“Executive director and other employees are paid by a related organization (college of textiles, nc state university). The college determines the compensation of the employees based on state pay grades and budgetary considerations.”

Form 990, Part VI, Section C, Line 19

“The organization makes the governing documents, conflict of interest policy and financial statements available to the public online or upon written request.”

Filing and Contact Details

Filer

Filer Name
North Carolina Textile Foundation Inc
EIN
56-6045324
Phone
9195153878
Address
CAMPUS BOX 8301, RALEIGH, NC 27695-8301

Signing Officer

Name
Brendan Sullivan
Title
Treasurer
Phone
9195153878
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carrie Bhada
Formed
1942
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
16

Preparer

Firm
Koonce Wooten & Haywood Llp
Address
P O BOX 17806, RALEIGH, NC 27619-7806
Preparer
Linwood C Faulconer
Phone
9197829265
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of split interest agreements 12,236. Increase in cash surrender value of life insurance 3,381.”

Form 990, Part XII, Line 2C

“Descriptin of oversight of audit: the foundation has an audit committee consisting of board members that review the audit report, monitors the progress of the audit process and keeps an open line of communication with the auditors”

Financial Statement Notes

PART X, LINE 2:

“It is the foundation's policy to evaluate all tax positions to identify those that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the benefit of any certain tax position should be recognized in the period the change occurs”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of split interest agreements 12,236. Increase in cash surrender value of life insurance 3,381.”

Raw XML AppendixShowing 400 of 569 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EX-OFFICIO MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR/EX-OFFI
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IRS990/FormationYr01942
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01642821
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt01555487
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02649767
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02649767
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt018892591
IRS990/GrossReceiptsAmt021561995
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06274
IRS990/InsuranceGrp/TotalAmt06274
IRS990/InvestmentIncomeGrp/ExclusionAmt0503432
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0503432
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02347766
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01878537
IRS990/InvestmentsPubTradedSecGrp/BOYAmt043186085
IRS990/InvestmentsPubTradedSecGrp/EOYAmt046654862
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt013031
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010789
IRS990/LandBldgEquipCostOrOtherBssAmt033154
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt017249770
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE NORTH CAROLINA TEXTILE FOUNDATION IS TO PROMOTE THE WELFARE, FUTURE DEVELOPMENT AND REPUTATION OF THE COLLEGE OF TEXTILES AT NORTH CAROLINA STATE UNIVERSITY AS THE PREMIER INSTITUTION FOR TEXTILE EDUCATION AND RESEARCH. AS A NONPROFIT ORGANIZATION, THE FOUNDATION SUPPORTS THE COLLEGE BY PROVIDING FUNDS FOR SCHOLARSHIPS TO DESERVING UNDERGRADUATE AND GRADUATE STUDENTS, RECRUITMENT AND RETENTION OF HIGHLY QUALIFIED EDUCATORS AND RESEARCHERS AND THE ACQUISITION AND MAINTENANCE OF STATE-OF-THE-ART EQUIPMENT AND FACILITIES FOR RESEARCH AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt045428703
IRS990/NetAssetsOrFundBalancesEOYAmt048201545
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01642821
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01642821
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01933374
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05079
IRS990/OfficeExpensesGrp/TotalAmt05079
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0214113
IRS990/OtherAssetsTotalGrp/EOYAmt043054
IRS990/OtherChangesInNetAssetsAmt015617
IRS990/OtherExpensesGrp/Desc0REIMBURSED EXPENSES
IRS990/OtherExpensesGrp/Desc1UNIVERSITY ASSESSMENT
IRS990/OtherExpensesGrp/Desc2MAILINGS/POSTAGE/MATERI
IRS990/OtherExpensesGrp/Desc3ENTERTAINMENT AND PROMO
IRS990/OtherExpensesGrp/FundraisingAmt092335
IRS990/OtherExpensesGrp/FundraisingAmt113461
IRS990/OtherExpensesGrp/FundraisingAmt26849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0390769
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12189
IRS990/OtherExpensesGrp/TotalAmt0390769
IRS990/OtherExpensesGrp/TotalAmt192335
IRS990/OtherExpensesGrp/TotalAmt215650
IRS990/OtherExpensesGrp/TotalAmt36849
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01136
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01136
IRS990/OtherRevenueTotalAmt01136
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt018495985
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt019019122
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CARRIE BHADA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION AWARDS SCHOLARSHIPS TO DESERVING GRADUATE AND UNDERGRADUATE STUDENTS OF THE COLLEGE OF TEXTILES AT NORTH CAROLINA STATE UNIVERSITY BASED ON MERIT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01094280
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01094280
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0513521
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01177000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02172382
IRS990/PYInvestmentIncomeAmt02457217
IRS990/PYOtherExpensesAmt0930159
IRS990/PYOtherRevenueAmt0380
IRS990/PYProgramServiceRevenueAmt0951
IRS990/PYRevenuesLessExpensesAmt0533007
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03102541
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03635548
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0823851
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01651315
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY COLLEGE OF TEXTILES THROUGH GRANTS FOR STUDENT SCHOLARSHIPS, FACULTY SUPPORT AND STUDENT ACTIVITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE DEAN OF THE COLLEGE OF TEXTILES, OR UNIVERSITY EX-OFFICIO DIRECTOR, IS ON THE INVESTMENT COMMITTEE OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART VI, SECTION D, LINE 3
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566000756
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02649767
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COLLEGE OF TEXTILES NORTH CAROLINA STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt02649767
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.12620
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt044540564
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0513521
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt046672253
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt02298678
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03916846
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt041198724
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0439106
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt044540564
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02292897
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05195631
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt043407289
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0302624
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt041198724
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01990720
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-520469
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt042258900
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02645675
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt043407289
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01756182
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0258896
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt037374156
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0564528
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt042258900
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01662868
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05983084
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt010789
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022365
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033154
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0175017
IRS990ScheduleD/ExpensesSubtotalAmt03313357

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$48,621,257
Liabilities
$419,712
Net assets
$48,201,545
Revenue
$4,312,225
Expenses
$3,488,374
Net income
$823,851
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$105$0.36$104$11.5$5.47$5.98
2024Detailed filing. Detailed filing data is available for this year.$92.8$0.40$92.4$6.91$4.71$2.20
2023Detailed filing. Detailed filing data is available for this year.$84.2$0.46$83.7$6.54$4.72$1.82
2022Detailed filing. Detailed filing data is available for this year.$84.8$0.46$84.4$5.10$3.69$1.41
2021Detailed filing. Detailed filing data is available for this year.$89.8$0.47$89.3$14.4$3.25$11.1
2020Detailed filing. Detailed filing data is available for this year.$68.4$0.48$67.9$8.61$3.78$4.82
2019Detailed filing. Detailed filing data is available for this year.$63.5$0.54$62.9$14.8$4.06$10.7
2018Detailed filing. Detailed filing data is available for this year.$48.6$0.42$48.2$4.31$3.49$0.82
2017Detailed filing. Detailed filing data is available for this year.$45.9$0.45$45.4$3.64$3.10$0.53
2016Detailed filing. Detailed filing data is available for this year.$42.5$0.47$42.0$4.21$2.84$1.37
2015Summary only. Only limited summary data is available for this year.$44.5$0.51$44.0$5.17$2.49$2.68
2014Summary only. Only limited summary data is available for this year.$43.4$0.52$42.9$3.49$2.28$1.20
2013Summary only. Only limited summary data is available for this year.$38.5$0.69$37.8$4.57$2.02$2.56
2012Summary only. Only limited summary data is available for this year.$33.2$0.67$32.6$3.35$1.87$1.47
2011Summary only. Only limited summary data is available for this year.$33.2$0.59$32.6$1.71$1.78$0.07