Civic Intelligence

Henderson County Education Foundation Inc.

990 • Fiscal year 2016 • EIN 58-1734733

Jul 01, 2015 to Jun 30, 2016 • Filed on May 14, 2016

Organization ProfileWWW.HCEF.INFO
PO Box 1267Hendersonville, NC 28793

(828) 697-5551

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.04x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

7th percentile

-29%

Higher net margin than 7% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-49%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$1,681,935

Down $79,420 (-4.5%) from 2015

Net Assets

Down

$1,669,774

Down $89,572 (-5.1%) from 2015

Liabilities

Up

$12,161

Up $10,152 (+505%) from 2015

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin7th percentile

Revenue

Down

$315,554

Down $307,047 (-49%) from 2015

Expenses

Down

$405,940

Down $25,247 (-5.9%) from 2015

Net Income

Down

-$90,386

Down $281,800 (-147%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,275,665Liabilities 2010: $19,221Net Assets 2010: $1,256,4442010Assets 2011: $1,432,224Liabilities 2011: $3,065Net Assets 2011: $1,429,1592011Assets 2012: $1,402,261Liabilities 2012: $4,596Net Assets 2012: $1,397,6652012Assets 2013: $1,468,993Liabilities 2013: $3,287Net Assets 2013: $1,465,7062013Assets 2014: $1,605,108Liabilities 2014: $2,606Net Assets 2014: $1,602,5022014Assets 2015: $1,761,355Liabilities 2015: $2,009Net Assets 2015: $1,759,3462015Assets 2016: $1,681,935Liabilities 2016: $12,161Net Assets 2016: $1,669,7742016Assets 2017: $1,626,221Liabilities 2017: $65,506Net Assets 2017: $1,560,7152017Assets 2018: $1,527,605Liabilities 2018: $80,449Net Assets 2018: $1,447,1562018Assets 2019: $1,401,457Liabilities 2019: $3,633Net Assets 2019: $1,397,8242019Assets 2020: $1,113,569Liabilities 2020: $14,120Net Assets 2020: $1,099,4492020Assets 2021: $1,226,226Liabilities 2021: $24,074Net Assets 2021: $1,202,1522021Assets 2022: $1,174,642Liabilities 2022: $19,375Net Assets 2022: $1,155,2672022Assets 2023: $1,197,428Liabilities 2023: $6,195Net Assets 2023: $1,191,2332023

Highlighted filing

2016

Assets$1,681,935
Liabilities$12,161
Net Assets$1,669,774
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $347,1792010Expenses 2011: $346,2652011Expenses 2012: $334,1382012Expenses 2013: $333,6772013Revenue 2014: $467,677Expenses 2014: $396,038Net Income 2014: $71,6392014Revenue 2015: $622,601Expenses 2015: $431,187Net Income 2015: $191,4142015Revenue 2016: $315,554Expenses 2016: $405,940Net Income 2016: -$90,3862016Revenue 2017: $370,291Expenses 2017: $489,330Net Income 2017: -$119,0392017Revenue 2018: $348,961Expenses 2018: $490,453Net Income 2018: -$141,4922018Revenue 2019: $491,084Expenses 2019: $519,179Net Income 2019: -$28,0952019Revenue 2020: $438,913Expenses 2020: $745,540Net Income 2020: -$306,6272020Revenue 2021: $432,723Expenses 2021: $456,816Net Income 2021: -$24,0932021Revenue 2022: $600,776Expenses 2022: $499,919Net Income 2022: $100,8572022Revenue 2023: $602,084Expenses 2023: $597,908Net Income 2023: $4,1762023

Highlighted filing

2016

Revenue$315,554
Expenses$405,940
Net Income-$90,386
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 14, 2016
Return Version
2015v3.0
Gross Receipts
$333,371
Mission and Program Overview

Mission

Enhance the quality of life in henderson county, north carolina by enriching the education of students, teachers, and the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$743,820$1,123,271▲ $379,451
Land, Buildings, and Equipment, Net$327,861$308,946▼ $18,915
Savings and Temporary Cash Investments$327,715$116,563▼ $211,152
Cash and Non-Interest-Bearing Accounts$319,639$89,705▼ $229,934
Accounts Receivable$1,068$2,198▲ $1,130
Prepaid Expenses and Deferred Charges$1,252$1,252→ $0
Total Assets$1,761,355$1,681,935▼ $79,420
Other Assets Total$40,000$40,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,009$12,161▲ $10,152
Total Liabilities$2,009$12,161▲ $10,152
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,400,164$1,141,861▼ $258,303
Unrestricted Net Assets$246,695$415,426▲ $168,731
Permanently Rstr Net Assets$112,487$112,487→ $0
Total Net Assets Fund Balance$1,759,346$1,669,774▼ $89,572
Total Liabilities and Net Assets / Fund Balance$1,761,355$1,681,935▼ $79,420

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$227,762$125,808$353,570
Land$77,937-$77,937
Equipment$3,186$38,665$41,851
Other Land Buildings$61$19,405$19,466

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$112,487---$112,487
2014$111,737$750--$112,487
2013$111,137$600--$111,737
2012$325,766$550▼ $215,179-$111,137
2011$322,766$3,000--$325,766
Compensation and Service Providers
Top Officer Pay32nd percentile

Board Members and Trustees

NameTitle
Daniel PoetaPresident
Alice HunterDirector
Amy JonesDirector
Bob PierceDirector
Carolyn MillerDirector
Curtis MarkerDirector
Darla LindemanDirector
Elizabeth Willson MossDirector
Graham R FieldsDirector
Joellen JohnsonDirector
Joshua EnglishDirector
Lisa HillDirector
Malvern WestDirector
Tracy Williams StevensDirector
Summer StipeExecutive Di
Sara BagwellSecretary
Jessica JuergensTreasurer
Michael R WollingerVice Preside
Sharon AsheVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$227,612
Program Service Revenue
$6,039
Investment Income
$1,410
Other Revenue
$80,493
All Other Contributions
$213,164
Change in Net Assets
$-90,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$180,977
Other Expenses$173,379
Salaries, Compensation, and Employee Benefits$51,584
Total Fundraising Expense$11,574
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$180,977--$180,977
Other Salaries and Wages$36,354$5,532$5,533$47,419
Depreciation Depletion$18,515--$18,515
Fees for Services Accounting$10,653$7,102-$17,755
Office Expenses$3,776$1,666$4,055$9,497
Advertising$4,565$901-$5,466
Insurance$2,851$1,901-$4,752
Travel$2,972$1,331-$4,303
Payroll Taxes$3,181$492$492$4,165
Information Technology$1,559$1,040$1,494$4,093
Fees for Service Investment Mgmnt Fees-$3,956-$3,956
Occupancy$3,071$113-$3,184
All Other Expenses$2,033$640-$2,673
Other Expenses$875$602-$1,477
Fees for Services Other$630$419-$1,049
Interest-$15-$15
Fees for Services Legal$3$3-$6
Total Functional Expenses$366,996$27,370$11,574$405,940
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,279
Fundraising Direct Expenses$17,700
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spec Events & F$75,279$75,279$17,700$57,579
Total Events$75,279$75,279$17,700$57,579
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
Yes
Other officer compensation reviewed
Yes
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

“A copy of form 990 is provided to the board and is reviewed by the executive and finance committees which have been designated by the board to provide oversight authority over the 990 prior to its filing.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for the executive director and other key positions are discussed during the budget development process each year. The compensation ranges for these positions are developed from comparability data available for the type of organization and the geographical area. This information is documented during this process and discussed and agreed upon by the finance committee, executive commitee, and the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The procedure for other key employees is the same process as noted above.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, financial statements, and form 990 are available for inspection upon request at the foundation's business office during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Henderson County Education
EIN
58-1734733
Phone
8286975551
Address
PO BOX 1267, HENDERSONVILLE, NC 28793

Signing Officer

Name
Summer Stipe
Title
Executive Director
Phone
8286988884
Signed
2016-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Summer Stipe
Formed
1986
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
22

Preparer

Firm
Carland & Andersen Inc
Address
PO BOX 179, HENDERSONVILLE, NC 28793
Preparer
Terry B Andersen CPA
Phone
8286922583
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Johnson farm fund-renovation, maintenance, development, and operation of local farm as a heritage center serving the community. General programs-other awards and scholarships, to students, teachers, and graduates of henderson county public schools, to enrich the learning opportunities for students and expenses related to the operation of these programs.”

Raw XML AppendixShowing 400 of 576 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02009
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012161
IRS990/AccountsReceivableGrp/BOYAmt01068
IRS990/AccountsReceivableGrp/EOYAmt02198
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ENHANCE THE QUALITY OF LIFE IN HENDERSON COUNTY, NORTH CAROLINA BY ENRICHING THE EDUCATION OF STUDENTS, TEACHERS, AND THE LOCAL COMMUNITY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0901
IRS990/AdvertisingGrp/ProgramServicesAmt04565
IRS990/AdvertisingGrp/TotalAmt05466
IRS990/AllOtherContributionsAmt0213164
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0640
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02033
IRS990/AllOtherExpensesGrp/TotalAmt02673
IRS990/BooksInCareOfDetail/PersonNm0SUMMER STIPE
IRS990/BooksInCareOfDetail/PhoneNum08286988884
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0414 FOURTH AVENUE WEST
IRS990/BooksInCareOfDetail/USAddress/CityNm0HENDERSONVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028739
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0319639
IRS990/CashNonInterestBearingGrp/EOYAmt089705
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0227612
IRS990/CYGrantsAndSimilarPaidAmt0180977
IRS990/CYInvestmentIncomeAmt01410
IRS990/CYOtherExpensesAmt0173379
IRS990/CYOtherRevenueAmt080493
IRS990/CYProgramServiceRevenueAmt06039
IRS990/CYRevenuesLessExpensesAmt0-90386
IRS990/CYSalariesCompEmpBnftPaidAmt051584
IRS990/CYTotalExpensesAmt0405940
IRS990/CYTotalFundraisingExpenseAmt011574
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0315554
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018515
IRS990/DepreciationDepletionGrp/TotalAmt018515
IRS990/Desc0MAE A. BERRIAN FUND CREATED FOR THE BENEFIT OF THE STRINGS PROGRAM OF THE MUSIC DEPARTMENTS OF THE HENDERSON COUNTY PUBLIC SCHOOLS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt08024
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt06923
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07102
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010653
IRS990/FeesForServicesAccountingGrp/TotalAmt017755
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03
IRS990/FeesForServicesLegalGrp/TotalAmt06
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0419
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0630
IRS990/FeesForServicesOtherGrp/TotalAmt01049
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03956
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03956
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL POETA
IRS990/Form990PartVIISectionAGrp/PersonNm1SHARON ASHE
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL R WOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm3SARA BAGWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4JESSICA JUERGENS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSHUA ENGLISH
IRS990/Form990PartVIISectionAGrp/PersonNm6GRAHAM R FIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm7LISA HILL
IRS990/Form990PartVIISectionAGrp/PersonNm8ALICE HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm9JOELLEN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10AMY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm11DARLA LINDEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12CURTIS MARKER
IRS990/Form990PartVIISectionAGrp/PersonNm13CAROLYN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm14ELIZABETH WILLSON MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm15BOB PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm16TRACY WILLIAMS STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm17MALVERN WEST
IRS990/Form990PartVIISectionAGrp/PersonNm18SUMMER STIPE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt017700
IRS990/FundraisingGrossIncomeAmt075279
IRS990/GainOrLossGrp/SecuritiesAmt0-117
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0180977
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0180977
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0333371
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01494
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01040
IRS990/InformationTechnologyGrp/ProgramServicesAmt01559
IRS990/InformationTechnologyGrp/TotalAmt04093
IRS990/InsuranceGrp/ManagementAndGeneralAmt01901
IRS990/InsuranceGrp/ProgramServicesAmt02851
IRS990/InsuranceGrp/TotalAmt04752
IRS990/InterestGrp/ManagementAndGeneralAmt015
IRS990/InterestGrp/TotalAmt015
IRS990/InvestmentIncomeGrp/ExclusionAmt01527
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01527
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0743820
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01123271
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0183878
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0327861
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0308946
IRS990/LandBldgEquipCostOrOtherBssAmt0492824
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0117
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt07525
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENHANCE THE QUALITY OF LIFE IN HENDERSON COUNTY, NORTH CAROLINA BY ENRICHING THE EDUCATION OF STUDENTS, TEACHERS, AND THE LOCAL COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01759346
IRS990/NetAssetsOrFundBalancesEOYAmt01669774
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-117
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-117
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt057579
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt057579
IRS990/NetUnrlzdGainsLossesInvstAmt0814
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0113
IRS990/OccupancyGrp/ProgramServicesAmt03071
IRS990/OccupancyGrp/TotalAmt03184
IRS990/OfficeExpensesGrp/FundraisingAmt04055
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01666
IRS990/OfficeExpensesGrp/ProgramServicesAmt03776
IRS990/OfficeExpensesGrp/TotalAmt09497
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040000
IRS990/OtherAssetsTotalGrp/EOYAmt040000
IRS990/OtherExpensesGrp/Desc0GENERAL PROGRAMS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE & REPAIR
IRS990/OtherExpensesGrp/Desc2MEMBERSHIPS & SUBSC
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11647
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2602
IRS990/OtherExpensesGrp/ProgramServicesAmt073595
IRS990/OtherExpensesGrp/ProgramServicesAmt120989
IRS990/OtherExpensesGrp/ProgramServicesAmt2397
IRS990/OtherExpensesGrp/ProgramServicesAmt3875
IRS990/OtherExpensesGrp/TotalAmt073595
IRS990/OtherExpensesGrp/TotalAmt120999
IRS990/OtherExpensesGrp/TotalAmt22044
IRS990/OtherExpensesGrp/TotalAmt31477
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/Desc2RENTS
IRS990/OtherRevenueMiscGrp/ExclusionAmt016204
IRS990/OtherRevenueMiscGrp/ExclusionAmt16310
IRS990/OtherRevenueMiscGrp/ExclusionAmt2400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016204
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2400
IRS990/OtherRevenueTotalAmt022914
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05533
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05532
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036354
IRS990/OtherSalariesAndWagesGrp/TotalAmt047419
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0492
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0492
IRS990/PayrollTaxesGrp/ProgramServicesAmt03181
IRS990/PayrollTaxesGrp/TotalAmt04165
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0112487
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0112487
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01252
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01252
IRS990/PrincipalOfficerNm0SUMMER STIPE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BULLINGTON EDUCATIONAL PRGMS
IRS990/ProgramServiceRevenueGrp/Desc1JOHNSON FARM TOURS
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAMS-OTHER
IRS990/ProgramServiceRevenueGrp/Desc3BULLINGTON EVENTS OTHER
IRS990/ProgramServiceRevenueGrp/Desc4BULLINGTON EDUCATIONAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21528
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3874
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt496
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL FUND FOR CHILDREN-HELPS CHILDREN AT RISK OF DROPPING OUT OF SCHOOL. POTENTIAL TO PROVIDE AID TO MORE THAN 10,000 HENDERSON COUNTY PUBLIC SCHOOL STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04600
IRS990/ProgSrvcAccomActy3Grp/Desc0BULLINGTON PROPERTY FUND-RENOVATION, MAINTENANCE, DEVELOPMENT OF LOCAL REAL PROPERTY FOR HORTICULTURAL AND EDUCATIONAL PURPOSES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt078137
IRS990/ProgSrvcAccomActyOtherGrp/Desc0JOHNSON FARM FUND-RENOVATION, MAINTENANCE, DEVELOPMENT, AND OPERATION OF LOCAL FARM AS A HERITAGE CENTER SERVING THE COMMUNITY. GENERAL PROGRAMS-OTHER AWARDS AND SCHOLARSHIPS, TO STUDENTS, TEACHERS, AND GRADUATES OF HENDERSON COUNTY PUBLIC SCHOOLS, TO ENRICH THE LEARNING OPPORTUNITIES FOR STUDENTS AND EXPENSES RELATED TO THE OPERATION OF THESE PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0276235
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0180977
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0464194
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0144349
IRS990/PYInvestmentIncomeAmt038683
IRS990/PYOtherExpensesAmt0192519
IRS990/PYOtherRevenueAmt098959
IRS990/PYProgramServiceRevenueAmt020765
IRS990/PYRevenuesLessExpensesAmt0191414
IRS990/PYSalariesCompEmpBnftPaidAmt094319
IRS990/PYTotalExpensesAmt0431187
IRS990/PYTotalRevenueAmt0622601
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-90386
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327715
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0116563
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0724,193
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0227612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0464194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0306953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0233148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0161946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01393853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01527
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016233

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,681,935
Liabilities
$12,161
Net assets
$1,669,774
Revenue
$315,554
Expenses
$405,940
Net income
-$90,386
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.20$0.01$1.19$0.60$0.60$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.02$1.16$0.60$0.50$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.02$1.20$0.43$0.46$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.01$1.10$0.44$0.75$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.00$1.40$0.49$0.52$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.08$1.45$0.35$0.49$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.07$1.56$0.37$0.49$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.67$0.32$0.41$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.00$1.76$0.62$0.43$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.60$0.47$0.40$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.02$1.26$0.35