Civic Intelligence

The Johnston County Education Foundation Inc

990 • Fiscal year 2015 • EIN 58-1923670

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

PO Box 1075Smithfield, NC 27577

(919) 934-7977

Siviq Scores

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

Liabilities / Assets

44th percentile

0.08x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.71x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

7th percentile

-32%

Higher net margin than 7% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$40,000

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

24th percentile

-4.1%

Faster asset growth than 24% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-40%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,325,184

Down $56,743 (-4.1%) from 2014

Net Assets

Down

$1,217,394

Down $48,836 (-3.9%) from 2014

Liabilities

Down

$107,790

Down $7,907 (-6.8%) from 2014

Revenue

Down

$152,316

Down $99,657 (-40%) from 2014

Expenses

Down

$201,152

Down $47,539 (-19%) from 2014

Net Income

Down

-$48,836

Down $52,118 (-1588%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,251,788Liabilities 2012: $12,623Net Assets 2012: $1,239,1652012Assets 2013: $1,282,982Liabilities 2013: $20,034Net Assets 2013: $1,262,9482013Assets 2014: $1,381,927Liabilities 2014: $115,697Net Assets 2014: $1,266,2302014Assets 2015: $1,325,184Liabilities 2015: $107,790Net Assets 2015: $1,217,3942015Assets 2016: $1,126,540Liabilities 2016: $487Net Assets 2016: $1,126,0532016Assets 2017: $1,169,957Liabilities 2017: $465Net Assets 2017: $1,169,4922017Assets 2018: $1,202,478Liabilities 2018: $1,540Net Assets 2018: $1,200,9382018Assets 2019: $1,175,867Liabilities 2019: $752Net Assets 2019: $1,175,1152019Assets 2020: $1,094,533Liabilities 2020: $8,183Net Assets 2020: $1,086,3502020Assets 2021: $1,285,665Liabilities 2021: $2,310Net Assets 2021: $1,283,3552021Assets 2022: $1,040,534Liabilities 2022: $4,558Net Assets 2022: $1,035,9762022Assets 2023: $1,067,509Liabilities 2023: $3,508Net Assets 2023: $1,064,0012023Assets 2024: $1,202,753Liabilities 2024: $2,769Net Assets 2024: $1,199,9842024Assets 2025: $1,330,741Liabilities 2025: $227Net Assets 2025: $1,330,5142025

Highlighted filing

2015

Assets$1,325,184
Liabilities$107,790
Net Assets$1,217,394

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $167,521Expenses 2012: $172,744Net Income 2012: -$5,2232012Revenue 2013: $193,590Expenses 2013: $169,807Net Income 2013: $23,7832013Revenue 2014: $251,973Expenses 2014: $248,691Net Income 2014: $3,2822014Revenue 2015: $152,316Expenses 2015: $201,152Net Income 2015: -$48,8362015Revenue 2016: $140,991Expenses 2016: $167,136Net Income 2016: -$26,1452016Revenue 2017: $174,725Expenses 2017: $199,769Net Income 2017: -$25,0442017Revenue 2018: $187,939Expenses 2018: $189,285Net Income 2018: -$1,3462018Revenue 2019: $180,408Expenses 2019: $200,488Net Income 2019: -$20,0802019Revenue 2020: $60,582Expenses 2020: $158,628Net Income 2020: -$98,0462020Revenue 2021: $197,758Expenses 2021: $160,316Net Income 2021: $37,4422021Revenue 2022: $165,719Expenses 2022: $138,329Net Income 2022: $27,3902022Revenue 2023: $70,786Expenses 2023: $163,930Net Income 2023: -$93,1442023Revenue 2024: $173,489Expenses 2024: $152,367Net Income 2024: $21,1222024Revenue 2025: $202,516Expenses 2025: $65,524Net Income 2025: $136,9922025

Highlighted filing

2015

Revenue$152,316
Expenses$201,152
Net Income-$48,836
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$152,316
Mission and Program Overview

Mission

To provide additional funding to public schools in johnston county.

To provide additional funding to public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$888,136$883,782▼ $4,354
Savings and Temporary Cash Investments$343,208$293,381▼ $49,827
Land, Buildings, and Equipment, Net$701$385▼ $316
Cash and Non-Interest-Bearing Accounts$21,900$-27,170▼ $49,070
Total Assets$1,381,927$1,325,184▼ $56,743
Other Assets Total$127,982$174,806▲ $46,824
Liabilities
Other Liabilities$115,432$107,145▼ $8,287
Accounts Payable and Accrued Expenses$265$645▲ $380
Total Liabilities$115,697$107,790▼ $7,907
Net Assets / Fund Balance
Unrestricted Net Assets$1,266,230$1,217,394▼ $48,836
Total Net Assets Fund Balance$1,266,230$1,217,394▼ $48,836
Total Liabilities and Net Assets / Fund Balance$1,381,927$1,325,184▼ $56,743

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$174,806--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Brandy CrockerExec Director$40,000$40,000

Board Members and Trustees

NameTitle
Allan DelainePresident
Amy DurhamDirector
Anita TartDirector
Don StephensonDirector
Dorothy JohnsonDirector
Dr Peggy SmithDirector
Frank KnottDirector
Harold KeenDirector
Haywood DaughtryDirector
Jeff HoltDirector
Judy BoyetteDirector
Kathy LassisterDirector
Richard DurhamDirector
Rosemary GatewoodDirector
Ross RenfrowDirector
Steve MatthewsDirector
Tammy HoltDirector
Ted GodwinDirector
Toby McneeceDirector
Tracy WoolseyDirector
Van SaulsDirector
Frank WoodTreasurer
Dock KornegayVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$148,822
Program Service Revenue
$0
Investment Income
$3,494
Other Revenue
$0
All Other Contributions
$148,822
Change in Net Assets
$-48,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$152,316
Total Revenue per Audited Statements
$152,316
Total Revenue per Form 990
$152,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,928
Other Expenses$56,164
Salaries, Compensation, and Employee Benefits$43,060
Total Fundraising Expense$19,839
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$101,928--$101,928
Current Officers, Directors, Trustees, and Key Employees$40,000--$40,000
Fees for Services Accounting$901$14,186-$15,087
All Other Expenses-$2,140$1,770$3,910
Occupancy$520-$2,925$3,445
Conferences and Meetings$475$283$2,547$3,305
Office Expenses$587$1,163$1,453$3,203
Travel-$3,087-$3,087
Payroll Taxes$3,060--$3,060
Other Expenses$1,899$3,510$11,144$1,899
Depreciation Depletion$315--$315
Interest-$20-$20
Total Functional Expenses$149,685$31,628$19,839$201,152

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$201,152
Total Expenses per Audited Statements$201,152
Total Expenses per Form 990$201,152
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from$107,145
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

The executive director reviews the 990 before it is filed.

Form 990, Page 6, Part VI, Line 19

All documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Johnston County Education
EIN
58-1923670
Phone
9199347977
Address
PO BOX 1075, SMITHFIELD, NC 27577

Signing Officer

Name
Brandy Crocker
Title
Executive Director
Phone
9199347977
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Crocker
Formed
1990
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
23
Employees
1

Preparer

Firm
Watson Cooke & Jones Pa
Address
PO BOX 1749, SMITHFIELD, NC 27577-1749
Preparer
S Annette Cooke
Phone
9199348452
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IRS990/Form990PartVIISectionAGrp/TitleTxt20EXEC DIR.
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-24066
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0888136
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0883782
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017521
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0701
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0385
IRS990/LandBldgEquipCostOrOtherBssAmt017906
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ADDITIONAL FUNDING TO PUBLIC SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01266230
IRS990/NetAssetsOrFundBalancesEOYAmt01217394
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt027560
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt027560
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02925
IRS990/OccupancyGrp/ProgramServicesAmt0520
IRS990/OccupancyGrp/TotalAmt03445
IRS990/OfficeExpensesGrp/FundraisingAmt01453
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01163
IRS990/OfficeExpensesGrp/ProgramServicesAmt0587
IRS990/OfficeExpensesGrp/TotalAmt03203
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0127982
IRS990/OtherAssetsTotalGrp/EOYAmt0174806
IRS990/OtherExpensesGrp/Desc0SHOWCASE EXPENSE
IRS990/OtherExpensesGrp/Desc1TRUSTEE FEES
IRS990/OtherExpensesGrp/Desc2HANDLING FEES
IRS990/OtherExpensesGrp/Desc3SUBSTITUTE TEACHER
IRS990/OtherExpensesGrp/FundraisingAmt011144
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07239
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13510
IRS990/OtherExpensesGrp/ProgramServicesAmt01899
IRS990/OtherExpensesGrp/TotalAmt011144
IRS990/OtherExpensesGrp/TotalAmt17239
IRS990/OtherExpensesGrp/TotalAmt23510
IRS990/OtherExpensesGrp/TotalAmt31899
IRS990/OtherLiabilitiesGrp/BOYAmt0115432
IRS990/OtherLiabilitiesGrp/EOYAmt0107145
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt03060
IRS990/PayrollTaxesGrp/TotalAmt03060
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRANDY CROCKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO ENHANCE PUBLIC EDUCATION THROUGH FINANCIAL AND HUMAN RESOURCES FROM THE PRIVATE SECTOR. OVER 55 SCHOLARSHIPS ARE AWARDED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053125
IRS990/ProgSrvcAccomActy2Grp/GrantAmt053125
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0124174
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0140589
IRS990/PYInvestmentIncomeAmt0127799
IRS990/PYOtherExpensesAmt063750
IRS990/PYRevenuesLessExpensesAmt03282
IRS990/PYSalariesCompEmpBnftPaidAmt044352
IRS990/PYTotalExpensesAmt0248691
IRS990/PYTotalRevenueAmt0251973
IRS990/ReconcilationRevenueExpnssAmt0-48836
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0343208
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0293381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0148822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0118711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0172808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0126893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0691408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019968
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027498
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt027341
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0112261
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65570
IRS990ScheduleA/PublicSupportPY170Pct00.68920
IRS990ScheduleA/PublicSupportTotal170Amt0691408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0148822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0124174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0118711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0172808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0126893
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0691408
IRS990ScheduleA/TotalSupportAmt01054414
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt092022
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt050530
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt02935
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0105258
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0250745
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/DonorAdvisedFundsContriAmt010000
IRS990ScheduleD/ExpensesSubtotalAmt0201152
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0174806
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE TO/FROM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0107145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM
IRS990ScheduleD/RevenueSubtotalAmt0152316
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0174806
IRS990ScheduleD/TotalExpensesPerForm990Amt0201152
IRS990ScheduleD/TotalLiabilityAmt0107145
IRS990ScheduleD/TotalRevenuePerForm990Amt0152316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0152316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0201152
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt053125
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt148303
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2AWARDS
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.20$0.07$0.14
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.17$0.15$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.06$0.07$0.16$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.17$0.14$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.28$0.20$0.16$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.09$0.06$0.16$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.18$0.20$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.19$0.19$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.17$0.20$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.14$0.17$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.11$1.22$0.15$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.12$1.27$0.25$0.25$0.00
2013Summary only. Only limited summary data is available for this year.$1.28$0.02$1.26$0.19$0.17$0.02
2012Summary only. Only limited summary data is available for this year.$1.25$0.01$1.24$0.17$0.17$0.01