Civic Intelligence

Educational Foundation Scholarship Endowment Trust

990 • Fiscal year 2013 • EIN 56-6094839

Jul 01, 2012 to Jun 30, 2013 • Filed on Apr 24, 2014

Organization ProfileWWW.RAMSCLUB.COM
450 Skipper Bowles DriveSuite27599
Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Higher debt load relative to assets than 2% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

56th percentile

6.9%

Faster asset growth than 56% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$200,401,457

Up $12,953,992 (+6.9%) from 2012

Net Assets

Up

$200,339,369

Up $12,958,769 (+6.9%) from 2012

Liabilities

Down

$62,088

Down $4,777 (-7.1%) from 2012

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$9,585,732

Up $130,302 (+1.4%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$600M$400M$200M$0Assets 2010: $174,627,202Liabilities 2010: $95,815Net Assets 2010: $174,531,3872010Assets 2011: $191,065,552Liabilities 2011: $92,798Net Assets 2011: $190,972,7542011Assets 2012: $187,447,465Liabilities 2012: $66,865Net Assets 2012: $187,380,6002012Assets 2013: $200,401,457Liabilities 2013: $62,088Net Assets 2013: $200,339,3692013Assets 2014: $221,212,043Liabilities 2014: $60,023Net Assets 2014: $221,152,0202014Assets 2015: $232,725,483Liabilities 2015: $56,089Net Assets 2015: $232,669,3942015Assets 2016: $220,197,030Liabilities 2016: $47,626Net Assets 2016: $220,149,4042016Assets 2017: $241,319,053Liabilities 2017: $41,114Net Assets 2017: $241,277,9392017Assets 2018: $268,950,460Liabilities 2018: $37,844Net Assets 2018: $268,912,6162018Assets 2019: $287,135,487Liabilities 2019: $38,495Net Assets 2019: $287,096,9922019Assets 2020: $284,255,415Liabilities 2020: $36,677Net Assets 2020: $284,218,7382020Assets 2021: $389,903,195Liabilities 2021: $18,215Net Assets 2021: $389,884,9802021Assets 2022: $400,369,374Liabilities 2022: $17,748Net Assets 2022: $400,351,6262022Assets 2023: $390,931,229Liabilities 2023: $16,001Net Assets 2023: $390,915,2282023Assets 2024: $423,089,958Liabilities 2024: $0Net Assets 2024: $423,089,9582024

Highlighted filing

2013

Assets$200,401,457
Liabilities$62,088
Net Assets$200,339,369
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0Expenses 2010: $9,249,1472010Expenses 2011: $8,966,1702011Expenses 2012: $9,455,4302012Expenses 2013: $9,585,7322013Revenue 2014: $12,185,515Expenses 2014: $9,586,869Net Income 2014: $2,598,6462014Revenue 2015: $13,432,054Expenses 2015: $10,228,784Net Income 2015: $3,203,2702015Revenue 2016: $13,254,885Expenses 2016: $10,429,259Net Income 2016: $2,825,6262016Revenue 2017: $18,603,054Expenses 2017: $10,553,783Net Income 2017: $8,049,2712017Revenue 2018: $25,227,168Expenses 2018: $10,931,913Net Income 2018: $14,295,2552018Revenue 2019: $21,579,390Expenses 2019: $11,260,488Net Income 2019: $10,318,9022019Revenue 2020: $17,928,472Expenses 2020: $11,748,217Net Income 2020: $6,180,2552020Revenue 2021: $25,351,334Expenses 2021: $12,344,558Net Income 2021: $13,006,7762021Revenue 2022: $25,037,284Expenses 2022: $12,994,195Net Income 2022: $12,043,0892022Revenue 2023: $25,424,536Expenses 2023: $14,052,980Net Income 2023: $11,371,5562023Revenue 2024: $23,391,900Expenses 2024: $15,179,740Net Income 2024: $8,212,1602024

Highlighted filing

2013

Revenue-
Expenses$9,585,732
Net Income-
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Apr 24, 2014
Return Version
2012v2.3
Gross Receipts
$11,955,612
Mission and Program Overview

Mission

The trust was organized and at all times has and shall continue to be operated exclusively for the purpose of making distributions to the educational foundation, inc. (the "foundation") for use by the foundation in awarding scholarships to student-athletes attending the university of north carolina at chapel hill.

Filing and Contact Details

Filer

EIN
56-6094839
Raw XML AppendixShowing 400 of 625 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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IRS990ScheduleA/GeneralExplanation0On an annual basis, the Board of Trustees of the Educational Foundation Scholarship Trust ("Trust") appropriates a portion of the net appreciation on its assets to The Educational Foundation, Inc. ("Foundation") in its capacity as agent for the Trust. The distributions from the Trust to the Foundation were $9,333,684 in 2013 and $8,917,172 in 2012. The Foundation then forwards these funds to the University to provide financial assistance to students at the University.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0ACTUARIAL ADJUSTMENT OF 4,777
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1ENDOWMENTS ARE INVESTED IN PERPETUITY AND THE INCOME FROM THOSE INVESTMENTS IS EXPENDABLE IN ACCORDANCE WITH THE TRUST'S ENDOWMENT SPENDING POLICY TO SUPPORT SCHOLARSHIPS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER INTERNAL REVENUE CODE 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. MANAGEMENT OF THE TRUST DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS. TAX YEARS ENDED JUNE 30, 2010 THROUGH JUNE 30, 2013 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES AS OF THE DATE OF THIS REPORT.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2FIN 48 (ASC 740) FOOTNOTE
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IRS990ScheduleD/OtherLiabilities/Description0ANNUITIES PAYABLE
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IRS990ScheduleD/OtherSecurities/BookValue0180708654
IRS990ScheduleD/OtherSecurities/BookValue1525357
IRS990ScheduleD/OtherSecurities/Description0UNC - CH FDN INVESTMENT FUND
IRS990ScheduleD/OtherSecurities/Description1VENTURE CPAITAL FUND
IRS990ScheduleD/OtherSecurities/MethodOfValuation0F
IRS990ScheduleD/OtherSecurities/MethodOfValuation1F
IRS990ScheduleD/PermanentEndowmentEOYBalance00.54519
IRS990ScheduleD/RevenueNotRptdF990010590522
IRS990ScheduleD/RevenueNotRptdOnFinStmt018033
IRS990ScheduleD/RevenueSubtotal011935946
IRS990ScheduleD/TermEndowmentEOYBalance00.45481
IRS990ScheduleD/TotalExpensesPerForm99009585732
IRS990ScheduleD/TotalOfAmounts062088
IRS990ScheduleD/TotalOfBookValueSecurities0181234011
IRS990ScheduleD/TotalRevenuePerForm990011953979
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt09567699
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt022526468
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0THE GRANT MADE BY THE ORGANIZATION WAS MADE TO A PUBLIC CHARITY FOR USE IN ITS EXEMPT MISSION. ACCORDINGLY, THE ORGANIZATION EXPECTS THE CHARITY TO USE THE FUNDS FOR PROPER PURPOSES, AND AS SUCH, DOES NOT SUBSEQUENTLY MONITOR THE GRANT.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0MONITORING THE USE OF GRANT FUNDS
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0FORM 990, SCHEDULE I, PART I, QUESTION 2
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10450 SKIPPER BOWLES DRIVE
IRS990ScheduleI/RecipientTable/AddressUS/City0CHAPEL HILL
IRS990ScheduleI/RecipientTable/AddressUS/State0NC
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode027599
IRS990ScheduleI/RecipientTable/AmountOfCashGrant09333684
IRS990ScheduleI/RecipientTable/DescriptionOfNonCashAssistance0N/A
IRS990ScheduleI/RecipientTable/EINOfRecipient0566058412
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/MethodOfValuation0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrant0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10THE EDUCATIONAL FOUNDATION INC
IRS990ScheduleI/RecordsMaintained0true
IRS990ScheduleJ/AnyNonFixedPayments0false
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg0false
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs0false
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg0false
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs0false
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00

Document Assets

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Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$200,401,457
Liabilities
$62,088
Net assets
$200,339,369
Revenue
-
Expenses
$9,585,732
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$423$0.00$423$23.4$15.2$8.21
2023Detailed filing. Detailed filing data is available for this year.$391$0.02$391$25.4$14.1$11.4
2022Detailed filing. Detailed filing data is available for this year.$400$0.02$400$25.0$13.0$12.0
2021Detailed filing. Detailed filing data is available for this year.$390$0.02$390$25.4$12.3$13.0
2020Detailed filing. Detailed filing data is available for this year.$284$0.04$284$17.9$11.7$6.18
2019Detailed filing. Detailed filing data is available for this year.$287$0.04$287$21.6$11.3$10.3
2018Detailed filing. Detailed filing data is available for this year.$269$0.04$269$25.2$10.9$14.3
2017Detailed filing. Detailed filing data is available for this year.$241$0.04$241$18.6$10.6$8.05
2016Detailed filing. Detailed filing data is available for this year.$220$0.05$220$13.3$10.4$2.83
2015Detailed filing. Detailed filing data is available for this year.$233$0.06$233$13.4$10.2$3.20
2014Detailed filing. Detailed filing data is available for this year.$221$0.06$221$12.2$9.59$2.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$200$0.06$200$9.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$187$0.07$187$9.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$191$0.09$191$8.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$175$0.10$175$9.25