Civic Intelligence

Thomasville Community Foundation Incorporated Erwin Heights

990 • Fiscal year 2015 • EIN 56-6056287

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

PO Box 2283Thomasville, NC 27361

(336) 577-1128

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Net Margin

2nd percentile

-3814%

Higher net margin than 2% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2015 filings • NTEE T • $500k-$1M nonprofits • Source year 2015

Asset Growth

1st percentile

-95%

Faster asset growth than 1% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-79%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$28,523

Down $558,963 (-95%) from 2014

Net Assets

Down

$28,523

Down $558,963 (-95%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$14,655

Down $56,101 (-79%) from 2014

Expenses

Up

$573,618

Up $526,306 (+1112%) from 2014

Net Income

Down

-$558,963

Down $582,407 (-2484%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $521,177Liabilities 2011: $0Net Assets 2011: $521,1772011Assets 2012: $550,215Liabilities 2012: $0Net Assets 2012: $550,2152012Assets 2013: $584,036Liabilities 2013: $0Net Assets 2013: $584,0362013Assets 2014: $587,486Liabilities 2014: $0Net Assets 2014: $587,4862014Assets 2015: $28,523Liabilities 2015: $0Net Assets 2015: $28,5232015Assets 2016: $28,299Liabilities 2016: $0Net Assets 2016: $28,2992016Assets 2017: $27,238Liabilities 2017: $0Net Assets 2017: $27,2382017Assets 2018: $8,704Net Assets 2018: $8,7042018Assets 2019: $7,581Net Assets 2019: $7,5812019Assets 2020: $6,833Net Assets 2020: $6,8332020Assets 2021: $7,295Net Assets 2021: $7,2952021Assets 2022: $8,074Net Assets 2022: $8,0742022Assets 2023: $9,816Net Assets 2023: $9,8162023

Highlighted filing

2015

Assets$28,523
Liabilities$0
Net Assets$28,523

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $56,153Expenses 2011: $49,724Net Income 2011: $6,4292011Revenue 2012: $22,672Expenses 2012: $45,849Net Income 2012: -$23,1772012Revenue 2013: $25,926Expenses 2013: $37,945Net Income 2013: -$12,0192013Revenue 2014: $70,756Expenses 2014: $47,312Net Income 2014: $23,4442014Revenue 2015: $14,655Expenses 2015: $573,618Net Income 2015: -$558,9632015Revenue 2016: $13,618Expenses 2016: $13,842Net Income 2016: -$2242016Revenue 2017: $0Expenses 2017: $1,061Net Income 2017: -$1,0612017Revenue 2018: $700Expenses 2018: $19,234Net Income 2018: -$18,5342018Revenue 2019: $665Expenses 2019: $1,788Net Income 2019: -$1,1232019Revenue 2020: $40Expenses 2020: $788Net Income 2020: -$7482020Revenue 2021: $1,250Expenses 2021: $788Net Income 2021: $4622021Revenue 2022: $1,600Expenses 2022: $821Net Income 2022: $7792022Revenue 2023: $2,200Expenses 2023: $458Net Income 2023: $1,7422023

Highlighted filing

2015

Revenue$14,655
Expenses$573,618
Net Income-$558,963
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$581,701
Mission and Program Overview

Mission

Providing college scholarships for local high school graduates and grants for community organizations offering programs and services that strengthen the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$525,925--
Cash and Non-Interest-Bearing Accounts$61,435$28,397▼ $33,038
Other Notes and Loans Receivable, Net$126$126→ $0
Total Assets$587,486$28,523▼ $558,963
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$408,194--
Unrestricted Net Assets$179,292$28,523▼ $150,769
Total Net Assets Fund Balance$587,486$28,523▼ $558,963
Total Liabilities and Net Assets / Fund Balance$587,486$28,523▼ $558,963
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$14,355
Other Revenue
$300
Change in Net Assets
$-558,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$560,605
Other Expenses$13,013
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$548,454--$548,454
Grants to Domestic Individuals$12,151--$12,151
Fees for Services Accounting-$7,900-$7,900
Fees for Service Investment Mgmnt Fees-$4,694-$4,694
Other Expenses-$351-$351
Office Expenses-$68-$68
Total Functional Expenses$560,605$13,013$0$573,618
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for the CarolinasCharlotte, NC501c3-$522,552
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Draft of 990 is provided to the board prior to filing. Any updates or revisions approved by president before filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Thomasville Community Foundation in
EIN
56-6056287
Phone
3365771128
Address
PO BOX 2283, THOMASVILLE, NC 27361

Signing Officer

Name
Stan Styers
Title
President
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stan Styers
Formed
1945
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Ballard Surratt & Co Pa
Address
50 SALEM STREET, THOMASVILLE, NC 27360-3945
Preparer
Hope M Surratt
Phone
3364723434
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NC SHAKESPEARE FESTIVAL 59-1725095 7 1,200 0 JOHNSONTOWN UNITED METHODIST CHURCH 56-6144263 1 2,000 0 FOUNDATION FOR THE CAROLINAS 56-6047886 7 522,552 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED ORGANIZATIONS ARE DESIGNATED BY THE DONORS OR BOARD DESIGNATED
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2(I) NC SHAKESPEARE FESTIVAL (EIN 59-1725095) - ADDED (II) PREVIOUSLY VOIDED CHECK CLEARED THE BANK, NO STOP PAYMENT. NO FUTURE SUPPORT REQUESTED AND ORGANIZATION NOT EXPECTED TO BE SUPPORTED (III) ORGANIZATION IS NOT LISTED IN GOVERNING DOCUMENT (IV) CHECK WAS REINSTATED (I) DAVIDSON MEDICAL MINISTRIES EIN 56-1746266 - REMOVED (II) NO GRANT REQUEST APPROVED BY THE BOARD FOR 2015 (III) ORGANIZATION NOT LISTED IN GOVERNING DOCUMENT (IV) NO ACTION TAKEN, NO GRANT APPROVED (I) PACE EIN 56-2016907 - REMOVED (II) NO GRANT REQUEST APPROVED BY THE BOARD FOR 2015 (III) ORGANIZATION NOT LISTED IN GOVERNING DOCUMENT (IV) NO ACTION TAKEN, NO GRANT APPROVED (I) FOUNDATION FOR THE CAROLINAS (EIN 56-6047886) - ADDED (II) NO GRANT REQUEST, APPROVED BY THE BOARD FOR 2015 (III) ORGANIZATION IS NOT LISTED IN GOVERNING DOCUMENT (IV) GRANT APPROVED
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3PRIOR CHARITABLE GIVING TO SUCH ENTITIES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 11H
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION A, LINE 5A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION D, LINE 2
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IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt08456
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt0555258
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IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt019434
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt08
IRS990ScheduleA/SupportedOrganizationsTotalCnt08
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt7522552
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE SHEPHERDS INN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SALVATION ARMY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2TOM A FINCH YMCA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3COOPERATIVE COMMUNITY MINISTRY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4COMMUNITIES IN SCHOOLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5NC SHAKESPEARE FESTIVAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6JOHNSONTOWN UNITED METHODIST CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7FOUNDATION FOR THE CAROLINAS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0THE SHEPHERDS INN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt1SALVATION ARMY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt2TOM A FINCH YMCA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt3COOPERATIVE COMMUNITY MINISTRY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt4COMMUNITIES IN SCHOOLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt5NC SHAKESPEARE FESTIVAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt6JOHNSONTOWN METHODIST CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt7FOUNDATION FOR THE CAROLINAS
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IRS990ScheduleI/RecipientTable/RecipientEIN0566047886
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0220 NORTH TRYON STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLOTTE
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