Civic Intelligence

Solon E & Espie Watts Little Scholarship Loan Fund Inc

EIN 58-1491453 • Concord, NC

43 Union Street SouthConcord, NC 28025
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.01x

Higher debt load relative to revenue than 43% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-796%

Higher net margin than 1% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$15,181

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 92.7% of source-year revenue.

$1M-$5M nonprofits • Source year 2024

Asset Growth

14th percentile

-10%

Faster asset growth than 14% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

44%

Faster revenue growth than 77% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets34th percentile

Assets

Down

$1,136,796

Down $130,269 (-10%) from 2023

Liabilities

Up

$186

Up $98 (+111%) from 2023

Net Assets

$1,136,610

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue43rd percentileNet Margin1st percentile

Revenue

Up

$16,377

Up $5,025 (+44%) from 2023

Expenses

Up

$146,744

Up $3,535 (+2.5%) from 2023

Net Income

Up

-$130,367

Up $1,490 (+1.1%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $2,574,000Liabilities 2011: $102011Assets 2012: $2,459,983Liabilities 2012: $102012Assets 2013: $2,402,555Liabilities 2013: $3642013Assets 2014: $2,293,538Liabilities 2014: $5052014Assets 2015: $2,158,238Liabilities 2015: $02015Assets 2017: $1,881,529Liabilities 2017: $384Net Assets 2017: $1,881,1452017Assets 2018: $1,795,014Liabilities 2018: $555Net Assets 2018: $1,794,4592018Assets 2019: $1,687,224Liabilities 2019: $262Net Assets 2019: $1,686,9622019Assets 2020: $1,588,201Liabilities 2020: $513Net Assets 2020: $1,587,6882020Assets 2021: $1,470,993Liabilities 2021: $666Net Assets 2021: $1,470,3272021Assets 2022: $1,400,022Liabilities 2022: $1,1882022Assets 2023: $1,267,065Liabilities 2023: $882023Assets 2024: $1,136,796Liabilities 2024: $186Net Assets 2024: $1,136,6102024

Highlighted filing

2024

Assets$1,136,796
Liabilities$186
Net Assets$1,136,610
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $79,667Expenses 2011: $359,240Net Income 2011: -$279,5732011Revenue 2012: $57,602Expenses 2012: $348,006Net Income 2012: -$290,4042012Revenue 2013: $81,894Expenses 2013: $390,960Net Income 2013: -$309,0662013Revenue 2014: $76,452Expenses 2014: $370,810Net Income 2014: -$294,3582014Revenue 2015: $50,004Expenses 2015: $364,949Net Income 2015: -$314,9452015Revenue 2017: $59,552Expenses 2017: $175,579Net Income 2017: -$116,0272017Revenue 2018: $70,004Expenses 2018: $156,690Net Income 2018: -$86,6862018Revenue 2019: $38,117Expenses 2019: $145,614Net Income 2019: -$107,4972019Revenue 2020: $47,553Expenses 2020: $146,827Net Income 2020: -$99,2742020Revenue 2021: $59,707Expenses 2021: $177,068Net Income 2021: -$117,3612021Revenue 2022: $92,693Expenses 2022: $166,267Net Income 2022: -$73,5742022Revenue 2023: $11,352Expenses 2023: $143,209Net Income 2023: -$131,8572023Revenue 2024: $16,377Expenses 2024: $146,744Net Income 2024: -$130,3672024

Highlighted filing

2024

Revenue$16,377
Expenses$146,744
Net Income-$130,367
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,136,796
Liabilities
$186
Net assets
$1,136,610
Revenue
$16,377
Expenses
$146,744
Net income
-$130,367
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.02$0.15$0.13
2023Summary only. Only limited summary data is available for this year.$1.27$0.00$0.01$0.14$0.13
2022Summary only. Only limited summary data is available for this year.$1.40$0.00$0.09$0.17$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.06$0.18$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.00$1.59$0.05$0.15$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$0.04$0.15$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.00$1.79$0.07$0.16$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.06$0.18$0.12
2015Summary only. Only limited summary data is available for this year.$2.16$0.00$0.05$0.36$0.31
2014Summary only. Only limited summary data is available for this year.$2.29$0.00$0.08$0.37$0.29
2013Summary only. Only limited summary data is available for this year.$2.40$0.00$0.08$0.39$0.31
2012Summary only. Only limited summary data is available for this year.$2.46$0.00$0.06$0.35$0.29
2011Summary only. Only limited summary data is available for this year.$2.57$0.00$0.08$0.36$0.28
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.0
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY H CHAMBERSAsst Sec/TreasFT$59,161-$59,161
STEVE L MEDLINPres/Sec/TreasPT$27,026-$27,026
Filing and Contact Details

Filer

Filer Name
Solon E & Espie Watts Little
EIN
58-1491453
Phone
7047868169
Address
43 UNION STREET SOUTH, CONCORD, NC 28025

Signing Officer

Name
Steve L Medlin
Title
Trustee
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Stocks Smith Campbell & Dendy CPAs
Address
PO Box 166, Kannapolis, NC 28082
Preparer
Sherry B Dendy CPA
Phone
7049332181
Raw XML Appendix343 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
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt00
AccountingFeesSchedule/AccountingFeesDetail/Amt06000
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt05880
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt0120
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/RelatedOrExemptFunctionIncmAmt011390
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt047735
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/RelatedOrExemptFunctionIncmAmt012
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0MISCELLANEOUS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt0570
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt059707
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt059707
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt05880
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt0120
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt06000
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt012042
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt047735
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt082503
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt01684
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt084187
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt011390
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt011390
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt011390
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-117361
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0165760
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IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt012
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt012
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt02458
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt02458
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt047735
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IRS990PF/AnalysisOfRevenueAndExpenses/NetSTCapitalGainAdjNetIncmAmt0640
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt013841
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt0282
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt014123
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IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt09526
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IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt041525
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0570
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt05100
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt08380
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt013480
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt05000
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IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt05769
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt012042
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt011211
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0177068
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt059137
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt059707
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0165191
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0177068
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt12000-01-01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt22000-01-01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt06919
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1110531
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt2575
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0640
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt133533
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt27848
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt35714
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0640
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt27848
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd1P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd2P
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IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt01470327
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt01587688
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt01470327
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt0666
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt0666
IRS990PF/FMVAssetsEOYAmt0674560
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt062193
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IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0213455
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IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0205289
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0162487
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0289581
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt070579
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt070579
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt0513
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt0666
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblAmt0927204
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblBOYAmt01009490
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt0927204
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt01587688
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt01470327
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt097774
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IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt0188924
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt01588201
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt01470993
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt0513
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt0666
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt01588201
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt01470993
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt01587688
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt01470327
IRS990PF/MethodOfAccountingOtherInd0X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0451853
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IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
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IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt027026
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0STEVE L MEDLIN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1PEGGY H CHAMBERS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Pres/Sec/Treas
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Asst Sec/Treas
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IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt0307441
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt013
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THE ENTIRE INCOME OF THE FOUNDATION IS FROM INTEREST, DIVIDENDS, AND OTHER INVESTMENTS. THE FOUNDATION HAS NO OUTSIDE SOURCE OF INCOME SUCH AS FUNDRAISING EVENTS OR CONTRIBUTIONS. THE INCOME IS USED TO PROVIDE INTEREST-FREE LOANS TO GRADUATES OF ALEXANDER CENTRAL HIGH SCHOOL, AS SET FORTH IN THE ATTACHMENT TO STUDENT LOANS.
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
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/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt043 UNION STREET SOUTH CONCORD NC
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0CONCORD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NC
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd028025
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NC
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0PEGGY CHAMBERS
IRS990PF/StatementsRegardingActyGrp/PhoneNum07047868169
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION ENGAGES SOLELY IN MAKING INTEREST-FREE LOANS TO GRADUATES OF ALEXANDER CENTRAL HIGH SCHOOL. (DETAILS SET FORTH IN ATTACHED BOOKLET.) LOANS WERE MADE TO 42 STUDENTS IN 2021.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0146290
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0THE FOUNDATION ENGAGES SOLELY IN MAKING INTEREST-FREE LOANS TO GRADUATES OF ALEXANDER CENTRAL HIGH SCHOOL. (DETAILS SET FORTH IN ATTACHED BOOKLET.) LOANS WERE MADE TO 42 STUDENTS IN 2021.
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt0146290
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt0146290
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0SEE ATTACHMENT.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0STEVE L MEDLIN
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum07047868173
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt043 UNION STREET SOUTH
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0CONCORD
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0NC
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd028025
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0SEE ATTACHMENT.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0SEE ATTACHMENT.
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0228878
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0228878
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt084841
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0119578
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt087860
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0114729
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt083461
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt083461
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0485571
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt078563
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt084841
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0119578
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt087860
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0114729
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0307441
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt078563
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0569032
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0490469
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt070579
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0Furniture and Fixtures
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt070579
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt02458
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt02458
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1LOAN FORGIVEN DUE TO CONDITIONS MET
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3OFFICE SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4POSTAGE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5TELEPHONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt06093
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt118900
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt211031
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt32129
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt4361
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt52559
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0125
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1225
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt243
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt37
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt452
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt06218
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt118900
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt211256
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt32172
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4368
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt52611
OtherIncomeSchedule2/OtherIncomeDetail/Desc0MISCELLANEOUS
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0570
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0513
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0FEDERAL EXCISE TAXES PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0666
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt05100
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt18380
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0LOAN COMMITTEE HONORARIAM/EXP
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1MANAGEMENT FEE-WELLS FARGO
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt05100
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt18380
TaxesSchedule/TaxesDetail/Amt0666
TaxesSchedule/TaxesDetail/Amt15103
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL EXCISE
TaxesSchedule/TaxesDetail/CategoryTxt1PAYROLL
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt05000
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0103
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE L MEDLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOLON E & ESPIE WATTS LITTLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP LOAN FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0SOLO
ReturnHeader/Filer/EIN0581491453
ReturnHeader/Filer/PhoneNum07047868169
ReturnHeader/Filer/USAddress/AddressLine1Txt043 UNION STREET SOUTH
ReturnHeader/Filer/USAddress/CityNm0CONCORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028025
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561310626
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stocks Smith Campbell & Dendy CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 166
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kannapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028082
ReturnHeader/PreparerPersonGrp/PhoneNum07049332181
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sherry B Dendy CPA
ReturnHeader/ReturnTs02022-05-09T07:08:12-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVE L
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MEDLIN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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