Civic Intelligence

Robert & Janice Mcnair Educational Foundation

990 • Fiscal year 2018 • EIN 58-1870080

Jul 01, 2017 to Jun 30, 2018 • Filed on May 03, 2019

Organization Profilewww.mcnairedfoundation.org
109 N Post Oak Lane Ste 600Houston, TX 77024

(828) 245-4339

Siviq Scores

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

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.11x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

16th percentile

$124,781

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

64th percentile

6.0%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$29,175,817

Up $1,645,165 (+6.0%) from 2017

Net Assets

Up

$28,661,949

Up $1,320,786 (+4.8%) from 2017

Liabilities

Up

$513,868

Up $324,379 (+171%) from 2017

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin91st percentile

Revenue

Up

$4,747,131

Up $1,477,470 (+45%) from 2017

Expenses

Up

$2,332,267

Up $373,986 (+19%) from 2017

Net Income

Up

$2,414,864

Up $1,103,484 (+84%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$60M$40M$20M$0Assets 2011: $15,716,056Liabilities 2011: $58,889Net Assets 2011: $15,657,1672011Assets 2012: $15,840,322Liabilities 2012: $60,903Net Assets 2012: $15,779,4192012Assets 2013: $19,060,397Liabilities 2013: $87,042Net Assets 2013: $18,973,3552013Assets 2014: $23,245,402Liabilities 2014: $117,735Net Assets 2014: $23,127,6672014Assets 2015: $24,527,630Liabilities 2015: $118,385Net Assets 2015: $24,409,2452015Assets 2016: $23,948,377Liabilities 2016: $23,367Net Assets 2016: $23,925,0102016Assets 2017: $27,530,652Liabilities 2017: $189,489Net Assets 2017: $27,341,1632017Assets 2018: $29,175,817Liabilities 2018: $513,868Net Assets 2018: $28,661,9492018Assets 2019: $32,366,484Liabilities 2019: $835,611Net Assets 2019: $31,530,8732019Assets 2020: $17,687,037Liabilities 2020: $84,396Net Assets 2020: $17,602,6412020Assets 2021: $41,092,266Liabilities 2021: $0Net Assets 2021: $41,092,2662021Assets 2022: $35,971,359Liabilities 2022: $0Net Assets 2022: $35,971,3592022Assets 2023: $37,548,851Liabilities 2023: $0Net Assets 2023: $37,548,8512023Assets 2024: $40,125,821Liabilities 2024: $0Net Assets 2024: $40,125,8212024

Highlighted filing

2018

Assets$29,175,817
Liabilities$513,868
Net Assets$28,661,949
Open 2018 Filing

Operations Trend

Revenue Growth88th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $101,462Expenses 2011: $850,875Net Income 2011: -$749,4132011Revenue 2012: $451,069Expenses 2012: $991,301Net Income 2012: -$540,2322012Revenue 2013: $2,690,764Expenses 2013: $1,201,803Net Income 2013: $1,488,9612013Revenue 2014: $2,984,123Expenses 2014: $1,381,188Net Income 2014: $1,602,9352014Revenue 2015: $3,007,435Expenses 2015: $1,519,486Net Income 2015: $1,487,9492015Revenue 2016: $4,280,814Expenses 2016: $1,607,705Net Income 2016: $2,673,1092016Revenue 2017: $3,269,661Expenses 2017: $1,958,281Net Income 2017: $1,311,3802017Revenue 2018: $4,747,131Expenses 2018: $2,332,267Net Income 2018: $2,414,8642018Revenue 2019: $4,693,262Expenses 2019: $2,504,912Net Income 2019: $2,188,3502019Revenue 2020: $6,338,132Expenses 2020: $1,998,555Net Income 2020: $4,339,5772020Revenue 2021: $23,785,468Expenses 2021: $2,157,124Net Income 2021: $21,628,3442021Revenue 2022: $925,489Expenses 2022: $2,671,800Net Income 2022: -$1,746,3112022Revenue 2023: $2,099,644Expenses 2023: $3,068,345Net Income 2023: -$968,7012023Revenue 2024: $2,468,249Expenses 2024: $3,222,659Net Income 2024: -$754,4102024

Highlighted filing

2018

Revenue$4,747,131
Expenses$2,332,267
Net Income$2,414,864
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 3, 2019
Return Version
2017v2.3
Gross Receipts
$5,605,566
Mission and Program Overview

Mission

Educational assistance to rutherford county, nc students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$26,172,238$27,794,884▲ $1,622,646
Rtn Earn Endowment Incm Other Fnds$20,790,675$23,205,540▲ $2,414,865
Cap Stk Tr Prin Current Funds$6,550,488$5,456,409▼ $1,094,079
Cash and Non-Interest-Bearing Accounts$234,731$811,064▲ $576,333
Savings and Temporary Cash Investments$1,091,022$557,533▼ $533,489
Land, Buildings, and Equipment, Net$14,114$11,132▼ $2,982
Accounts Receivable$18,547$1,204▼ $17,343
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$27,530,652$29,175,817▲ $1,645,165
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$189,489$513,868▲ $324,379
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$189,489$513,868▲ $324,379
Net Assets / Fund Balance
Total Net Assets Fund Balance$27,341,163$28,661,949▲ $1,320,786
Total Liabilities and Net Assets / Fund Balance$27,530,652$29,175,817▲ $1,645,165

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,850$103,139$105,989
Other Land Buildings$8,282$32,353$40,635
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Monica LeeExec DirectorFT$102,423$22,358$124,781

Board Members and Trustees

NameTitle
Robert C McnairTrustee, Chairman
Beth MillerTRUSTEE, Vice Chairman
D Calhoun McnairTrustee
Janet MasonTrustee
John CondreyTrustee
Roger PettyTrustee, Emeritus
Janice S McnairTrustee, Secretary
Michael GavinTrustee, Vice Secretary
Terry HinesTrustee, Vice Treasurer
Debra W StraitTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,040,619
Program Service Revenue
$0
Investment Income
$1,706,512
Other Revenue
$0
All Other Contributions
$3,040,619
Change in Net Assets
$2,414,864

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$2,999,220Nyse
Total Noncash Contributions1$2,999,220-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$845,640
Salaries, Compensation, and Employee Benefits$817,133
Other Expenses$669,494
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$819,538--$819,538
Other Salaries and Wages$235,782$235,782-$471,564
Other Employee Benefits$79,116$79,117-$158,233
Office Expenses-$146,070-$146,070
Current Officers, Directors, Trustees, and Key Employees$56,076$56,076-$112,152
Conferences and Meetings-$76,603-$76,603
Fees for Service Investment Mgmnt Fees-$70,119-$70,119
Payroll Taxes$20,448$20,448-$40,896
Pension Plan Contributions$17,144$17,144-$34,288
Grants to Domestic Orgs$26,102--$26,102
All Other Expenses-$22,971-$22,971
Information Technology-$13,458-$13,458
Travel-$10,166-$10,166
Depreciation Depletion-$7,232-$7,232
Insurance-$6,123-$6,123
Other Expenses$1,275$4,335-$5,610
Fees for Services Accounting-$1,797-$1,797
Total Functional Expenses$1,564,826$767,441$0$2,332,267
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dickinson Isd Education Foundation IncDickinson, TX501(c)(3)Houston Harvey Relief to Dickinson Isd.$20,000
Houston Food BankHouston, TX501(c)(3)Houston Harvey Relief to Houston Food Bank.$6,102
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Question 2

“Robert C. McNair - Family relationship. Janice S. McNair - Family relationship. D. Calhoun McNair - Family relationship. Debra W. Strait - Business relationship with Robert C. McNair.”

Part VI, Section A, Question 11

“The Robert and Janice McNair Educational Foundation prepares the Form 990 itself, under the direction of Debra W. Strait, Treasurer. The Executive Director, Monica Lee, reviews the Form 990 before filing. Additionally, it is reviewed by the outside accounting firm, Ernst and Young, LLP prior to filing.”

Part VI, Section B, Question 15A

“The Board of Trustees conducts the executive director's evaluation and compensation review & determination through the Success factors process. The process is by mutual agreement of the board of trustees and is completed annually by March 15.”

Part VI, Section B, Question 19

“The organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Robert & Janice Mcnair Educ Fdn
EIN
58-1870080
In Care Of
% DEBRA W STRAIT
Phone
8282454339
Address
109 N Post Oak Lane Ste 600, HOUSTON, TX 77024

Signing Officer

Name
Debra W Strait
Title
Treasurer
Phone
7133367840
Signed
2019-05-03

Organization Details

Principal Officer
Monica Lee
Formed
1989
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
224

Preparer

Firm
Ernst & Young US Llp
Address
111 MONUMENT CIRCLE SUITE 4000, INDIANAPOLIS, IN 46204
Preparer
Jennifer D Rhoderick
Phone
3176817000
Raw XML AppendixShowing 400 of 583 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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IRS990/InformationTechnologyGrp/TotalAmt013458
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0704018
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt027794884
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt011132
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATIONAL ASSISTANCE TO RUTHERFORD COUNTY, NC STUDENTS
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoncashContributionsAmt02999220
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IRS990/OfficeExpensesGrp/TotalAmt0146070
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079116
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0158233
IRS990/OtherExpensesGrp/Desc0STUDENT COUNSELING & SUPPORT
IRS990/OtherExpensesGrp/Desc1JUMP START EXPENSE
IRS990/OtherExpensesGrp/Desc2OTHER PRE-HIGH SCHOOL PROGRAMS
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04335
IRS990/OtherExpensesGrp/ProgramServicesAmt0145278
IRS990/OtherExpensesGrp/ProgramServicesAmt1110310
IRS990/OtherExpensesGrp/ProgramServicesAmt253757
IRS990/OtherExpensesGrp/ProgramServicesAmt31275
IRS990/OtherExpensesGrp/TotalAmt0145278
IRS990/OtherExpensesGrp/TotalAmt1110310
IRS990/OtherExpensesGrp/TotalAmt253757
IRS990/OtherExpensesGrp/TotalAmt35610
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0235782
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0235782
IRS990/OtherSalariesAndWagesGrp/TotalAmt0471564
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020448
IRS990/PayrollTaxesGrp/ProgramServicesAmt020448
IRS990/PayrollTaxesGrp/TotalAmt040896
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017144
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017144
IRS990/PensionPlanContributionsGrp/TotalAmt034288
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Monica Lee
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING AMOUNTS TO FUND PERSONNEL TO STAFF CAREER CENTERS FOR MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS IN RUTHERFORD COUNTY, NC
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0110310
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING VARIOUS SERVICES TO SCHOOLS IN RUTHERFORD COUNTY, NC INCLUDING MAINTENANCE OF A CAREER CENTER, TRAINING AND SUPPORT FOR VOLUNTEERS TO TUTOR STUDENTS, ASSISTANCE WITH FINANCIAL AID AND COLLEGE AND SCHOLARSHIP APPLICATIONS, AND FUNDING SPECIAL CLASSROOM PROJECTS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0608876
IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOUSTON FOOD BANK
IRS990/ProgSrvcAccomActyOtherGrp/Desc1DICKINSON ISD
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06102
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt120000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt06102
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt120000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02022534
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0703600
IRS990/PYInvestmentIncomeAmt01246697
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0536917
IRS990/PYOtherRevenueAmt0430
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01311380
IRS990/PYSalariesCompEmpBnftPaidAmt0717764
IRS990/PYTotalExpensesAmt01958281
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03269661
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02414864
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020790675
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt023205540
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01091022
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0557533
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Foundation works in partnership with Rutherford County Schools in Rutherford County NC. The Foundation provides college awareness, readiness and preparation activities for students of Rutherford County Schools to increase the number of students who graduate and enroll in a post-secondary institution. The Foundation also provides scholarships to students who meet college readiness criteria. The Superintendent is a trustee on the board of the Foundation and the Foundation's Executive Director works with administrative personnel to determine that the activities of the Foundation support the mission and goals of Rutherford County Schools. All activities of the Foundation are provided to students of Rutherford County Schools and take place on the campuses of Rutherford County Schools. The Foundation made two, one time donations to the Houston Food Bank and Dickinson ISD in November 2017. See below for explanation: In August 2017, Hurricane Harvey hit Houston, Texas devastating the surrounding areas with flooding. The students at Rutherford County wanted to contribute to Houstonians in need during this time. The Foundation created a GoFund me for this purpose. 100% of the proceeds received were donated to the Houston Food Bank and Dickinson ISD. See Schedule O for details.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SEC. E, LINE 1c
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566001107
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01538725
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0RUTHERFORD COUNTY NC SCHOOL DISTRICT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,175,817
Liabilities
$513,868
Net assets
$28,661,949
Revenue
$4,747,131
Expenses
$2,332,267
Net income
$2,414,864
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.1$0.00$40.1$2.47$3.22$0.75
2023Detailed filing. Detailed filing data is available for this year.$37.5$0.00$37.5$2.10$3.07$0.97
2022Detailed filing. Detailed filing data is available for this year.$36.0$0.00$36.0$0.93$2.67$1.75
2021Detailed filing. Detailed filing data is available for this year.$41.1$0.00$41.1$23.8$2.16$21.6
2020Detailed filing. Detailed filing data is available for this year.$17.7$0.08$17.6$6.34$2.00$4.34
2019Detailed filing. Detailed filing data is available for this year.$32.4$0.84$31.5$4.69$2.50$2.19
2018Detailed filing. Detailed filing data is available for this year.$29.2$0.51$28.7$4.75$2.33$2.41
2017Summary only. Only limited summary data is available for this year.$27.5$0.19$27.3$3.27$1.96$1.31
2016Summary only. Only limited summary data is available for this year.$23.9$0.02$23.9$4.28$1.61$2.67
2015Summary only. Only limited summary data is available for this year.$24.5$0.12$24.4$3.01$1.52$1.49
2014Summary only. Only limited summary data is available for this year.$23.2$0.12$23.1$2.98$1.38$1.60
2013Summary only. Only limited summary data is available for this year.$19.1$0.09$19.0$2.69$1.20$1.49
2012Summary only. Only limited summary data is available for this year.$15.8$0.06$15.8$0.45$0.99$0.54
2011Summary only. Only limited summary data is available for this year.$15.7$0.06$15.7$0.10$0.85$0.75
Peer Organizations

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