Civic Intelligence

Classic Foundation Inc.

990PF • Fiscal year 2019 • EIN 58-1351062

Nov 01, 2018 to Oct 31, 2019 • Filed on Dec 17, 2019

Organization Profile
PO Box 2404Hickory, NC 28603

(828) 327-6868

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

56th percentile

5.6%

Higher net margin than 56% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

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.

2019 filings • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

0.6%

Faster asset growth than 49% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

0.0%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$3,915

Up $25 (+0.6%) from 2018

Net Assets

Up

$3,915

Up $25 (+0.6%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin56th percentile

Revenue

Flat

$450

Flat from 2018

Expenses

Down

$425

Down $30 (-6.6%) from 2018

Net Income

Up

$25

Up $30 (+600%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$6.0K$4.0K$2.0K$0Assets 2011: $3,862Liabilities 2011: $02011Assets 2012: $4,837Liabilities 2012: $02012Assets 2013: $4,237Liabilities 2013: $02013Assets 2014: $3,812Liabilities 2014: $02014Assets 2015: $3,873Liabilities 2015: $0Net Assets 2015: $3,8732015Assets 2016: $3,948Liabilities 2016: $0Net Assets 2016: $3,9482016Assets 2017: $3,895Liabilities 2017: $0Net Assets 2017: $3,8952017Assets 2018: $3,890Liabilities 2018: $0Net Assets 2018: $3,8902018Assets 2019: $3,915Liabilities 2019: $0Net Assets 2019: $3,9152019Assets 2020: $3,915Liabilities 2020: $0Net Assets 2020: $3,9152020Assets 2021: $3,965Liabilities 2021: $0Net Assets 2021: $3,9652021Assets 2022: $3,965Liabilities 2022: $0Net Assets 2022: $3,9652022Assets 2023: $3,965Liabilities 2023: $0Net Assets 2023: $3,9652023Assets 2024: $3,965Liabilities 2024: $0Net Assets 2024: $3,9652024Assets 2025: $3,965Liabilities 2025: $0Net Assets 2025: $3,9652025

Highlighted filing

2019

Assets$3,915
Liabilities$0
Net Assets$3,915
Open 2019 Filing

Operations Trend

Revenue Growth49th percentile

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

$8.0K$6.0K$4.0K$2.0K$0-$2.0KRevenue 2011: $0Expenses 2011: $75Net Income 2011: -$752011Revenue 2012: $7,000Expenses 2012: $6,025Net Income 2012: $9752012Revenue 2013: $0Expenses 2013: $600Net Income 2013: -$6002013Revenue 2014: $0Expenses 2014: $425Net Income 2014: -$4252014Revenue 2015: $500Expenses 2015: $439Net Income 2015: $612015Revenue 2016: $500Expenses 2016: $425Net Income 2016: $752016Revenue 2017: $0Expenses 2017: $53Net Income 2017: -$532017Revenue 2018: $450Expenses 2018: $455Net Income 2018: -$52018Revenue 2019: $450Expenses 2019: $425Net Income 2019: $252019Revenue 2020: $425Expenses 2020: $425Net Income 2020: $02020Revenue 2021: $500Expenses 2021: $450Net Income 2021: $502021Revenue 2022: $475Expenses 2022: $475Net Income 2022: $02022Revenue 2023: $475Expenses 2023: $475Net Income 2023: $02023Revenue 2024: $440Expenses 2024: $440Net Income 2024: $02024Revenue 2025: $480Expenses 2025: $480Net Income 2025: $02025

Highlighted filing

2019

Revenue$450
Expenses$425
Net Income$25
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Dec 17, 2019
Return Version
2018v3.1
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS H SHORES JRPresident-$0--
KIM LONGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Classic Foundation Inc
EIN
58-1351062
Address
PO BOX 2404, HICKORY, NC 28603

Signing Officer

Name
Thomas H Shores JR
Title
President
Phone
8283282046
Signed
2019-12-17
Discuss with paid preparer
No

Preparer

Firm
BreazealeKiser PA
Address
PO Box 9148, Hickory, NC 28603
Preparer
Georgette L Chastang CPA
Phone
8283276868
Raw XML Appendix197 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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IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt023267
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0167
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0349
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt023100
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt01146
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1KIM LONG
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0PO BOX 2404
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1PO BOX 2404
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0HICKORY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1HICKORY
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IRS990PF/Organization501c3ExemptPFInd0X
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/AverageDistributionRt00.0
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr1Rt00.0
IRS990PF/QlfyUndSect4940eReducedTaxGrp/LiableSection4942TaxInd0false
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0NONE
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0false
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0THOMAS H SHORES JR
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0PO BOX 2404
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IRS990PF/StatementsRegardingActyGrp/PhoneNum08283282046
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt0425
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IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0425
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0721
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt01115
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas H Shores JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08283282046
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLASSIC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CLAS
ReturnHeader/Filer/EIN0581351062
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2404
ReturnHeader/Filer/USAddress/CityNm0HICKORY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028603
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561842732
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BreazealeKiser PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 9148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hickory
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028603
ReturnHeader/PreparerPersonGrp/PhoneNum08283276868
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Georgette L Chastang CPA
ReturnHeader/ReturnTs02020-01-20T08:49:49-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$3,915
Liabilities
$0
Net assets
$3,915
Revenue
$450
Expenses
$425
Net income
$25
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3,965$0$3,965$480$480$0
2024Detailed filing. Detailed filing data is available for this year.$3,965$0$3,965$440$440$0
2023Detailed filing. Detailed filing data is available for this year.$3,965$0$3,965$475$475$0
2022Detailed filing. Detailed filing data is available for this year.$3,965$0$3,965$475$475$0
2021Detailed filing. Detailed filing data is available for this year.$3,965$0$3,965$500$450$50
2020Detailed filing. Detailed filing data is available for this year.$3,915$0$3,915$425$425$0
2019Detailed filing. Detailed filing data is available for this year.$3,915$0$3,915$450$425$25
2018Detailed filing. Detailed filing data is available for this year.$3,890$0$3,890$450$455$5
2017Detailed filing. Detailed filing data is available for this year.$3,895$0$3,895$0$53$53
2016Detailed filing. Detailed filing data is available for this year.$3,948$0$3,948$500$425$75
2015Detailed filing. Detailed filing data is available for this year.$3,873$0$3,873$500$439$61
2014Summary only. Only limited summary data is available for this year.$3,812$0$0$425$425
2013Summary only. Only limited summary data is available for this year.$4,237$0$0$600$600
2012Summary only. Only limited summary data is available for this year.$4,837$0$7,000$6,025$975
2011Summary only. Only limited summary data is available for this year.$3,862$0$0$75$75