Civic Intelligence

The Johnston County Education Foundation Inc

990 • Fiscal year 2016 • EIN 58-1923670

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

Organization ProfileSEE SCHEDULE O
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

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

10th percentile

-19%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

41st percentile

$40,604

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 28.8% of source-year revenue.

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

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

22nd percentile

-7.4%

Faster revenue growth than 22% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$1,126,540

Down $198,644 (-15%) from 2015

Net Assets

Down

$1,126,053

Down $91,341 (-7.5%) from 2015

Liabilities

Down

$487

Down $107,303 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin10th percentile

Revenue

Down

$140,991

Down $11,325 (-7.4%) from 2015

Expenses

Down

$167,136

Down $34,016 (-17%) from 2015

Net Income

Up

-$26,145

Up $22,691 (+46%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

2016

Assets$1,126,540
Liabilities$487
Net Assets$1,126,053
Open 2016 Filing

Operations Trend

Revenue Growth22nd percentile

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

2016

Revenue$140,991
Expenses$167,136
Net Income-$26,145
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$1,017,322
Mission and Program Overview

Mission

To provide additional funding to public schools in johnston county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$883,782$1,002,239▲ $118,457
Savings and Temporary Cash Investments$293,381--
Cash and Non-Interest-Bearing Accounts$-27,170$123,905▲ $151,075
Land, Buildings, and Equipment, Net$385$396▲ $11
Total Assets$1,325,184$1,126,540▼ $198,644
Other Assets Total$174,806--
Liabilities
Other Liabilities$107,145--
Accounts Payable and Accrued Expenses$645$487▼ $158
Total Liabilities$107,790$487▼ $107,303
Net Assets / Fund Balance
Temporarily Rstr Net Assets$747,964$720,658▼ $27,306
Unrestricted Net Assets$469,430$405,395▼ $64,035
Total Net Assets Fund Balance$1,217,394$1,126,053▼ $91,341
Total Liabilities and Net Assets / Fund Balance$1,325,184$1,126,540▼ $198,644

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$396$2,914$3,310
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brandy CrockerExecutive DiFT$40,604$40,604

Board Members and Trustees

NameTitle
Amy DurhamBoard Chair
Allan DelaineDirector
Anita TartDirector
Dock KornegayDirector
Dorothy JohnsonDirector
Dr Peggy SmithDirector
Frank KnottDirector
Frank WoodDirector
Harold KeenDirector
Judy BoyetteDirector
Kathy LassiterDirector
Rosemary GatewoodDirector
Ross RenfrowDirector
Steve MatthewsDirector
Tammy HoltDirector
Ted GodwinDirector
Terry HopkinsDirector
Todd SuttonDirector
Tom PattonDirector
Van SaulsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$97,559
Program Service Revenue
$0
Investment Income
$41,958
Other Revenue
$1,474
All Other Contributions
$45,330
Change in Net Assets
$-26,145

Audited Revenue Reconciliation

Revenue per Audited Statements
$140,991
Revenue Not Reported on Form 990
$-65,196
Total Revenue per Audited Statements
$75,795
Total Revenue per Form 990
$140,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$93,605
Salaries, Compensation, and Employee Benefits$44,360
Other Expenses$29,171
Total Fundraising Expense$23,957
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$93,605--$93,605
Current Officers, Directors, Trustees, and Key Employees$16,483$4,121$20,604$41,208
Fees for Services Accounting-$11,822-$11,822
Travel$1,361$2,041-$3,402
Payroll Taxes$1,261$315$1,576$3,152
Office Expenses$704$176$880$1,760
Conferences and Meetings$305$458-$763
All Other Expenses$195$291-$486
Other Expenses$176$264$290$440
Depreciation Depletion$166$248-$414
Interest$26$40-$66
Total Functional Expenses$118,289$24,890$23,957$167,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$167,136
Total Expenses per Audited Statements$167,136
Total Expenses per Form 990$167,136
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$27,553
Fundraising Gross Income$27,553
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showcase$62,454$23,841$23,841$0
Spelling Bee$17,328$3,712$3,712$0
Total Events$79,782$27,553$27,553-
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“As of june 30, 2016, no formal policies are in place regarding conflict of interest, whistleblower policy, document retention or compensation. Adoption of formal policies are currently in progress and are expected to be adopted by the end of fiscal year 2017.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 was distributed to the board of directors for review and comment prior to filing the tax return.”

Form 990, Page 6, Part VI, Line 19

“All documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The 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
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Crocker
Formed
1990
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
1

Preparer

Firm
Langdon & Company Llp
Address
223 US HIGHWAY 70 EAST SUITE 100, GARNER, NC 27529-4051
Preparer
Susan Dean
Phone
9196621001
Supplemental Narrative

Additional Explanations

Form 990

“Website: www.johnston.k12.nc.us/community/j_c_education_foundation”

Form 990, Part X

“In 2016, it was discovered that temporarily restricted net assets was understated by 747,964 due to a missclassification of restrictions in prior years. The beginning of year net assets on part x, column (a), lines 27 and 28 have been updated to reflect this change.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The foundation evaluates any uncertain tax positions. Accordingly, the foundation's policy is to record a liability for any tax position taken that is beneficial to the foundation, including any related interest and penalties, when it is more likely than not the position of management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of june 30, 2016.”

Raw XML AppendixShowing 400 of 518 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0645
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0487
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE ADDITIONAL FUNDING TO PUBLIC SCHOOLS IN JOHNSTON COUNTY.
IRS990/AllOtherContributionsAmt045330
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0291
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0195
IRS990/AllOtherExpensesGrp/TotalAmt0486
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOHN DUNN CPA
IRS990/BooksInCareOfDetail/PhoneNum09199344607
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 S 2ND STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SMITHFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027577
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0-27170
IRS990/CashNonInterestBearingGrp/EOYAmt0123905
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt020604
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04121
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt016483
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt041208
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0458
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0305
IRS990/ConferencesMeetingsGrp/TotalAmt0763
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt052229
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt097559
IRS990/CYGrantsAndSimilarPaidAmt093605
IRS990/CYInvestmentIncomeAmt041958
IRS990/CYOtherExpensesAmt029171
IRS990/CYOtherRevenueAmt01474
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-26145
IRS990/CYSalariesCompEmpBnftPaidAmt044360
IRS990/CYTotalExpensesAmt0167136
IRS990/CYTotalFundraisingExpenseAmt023957
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0140991
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0248
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0166
IRS990/DepreciationDepletionGrp/TotalAmt0414
IRS990/Desc0TO SUPPORT AND CREATE PROGRAMS THAT EXPAND THE QUALITY OF EDUCATION. THIRTY GRANTS WERE AWARDED IN FISCAL YEAR ENDING JUNE 30, 2016.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt043297
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011822
IRS990/FeesForServicesAccountingGrp/TotalAmt011822
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
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/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0JUDY BOYETTE
IRS990/Form990PartVIISectionAGrp/PersonNm1ALLAN DELAINE
IRS990/Form990PartVIISectionAGrp/PersonNm2AMY DURHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3ROSEMARY GATEWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm4TED GODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm5TAMMY HOLT
IRS990/Form990PartVIISectionAGrp/PersonNm6TERRY HOPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm7HAROLD KEEN
IRS990/Form990PartVIISectionAGrp/PersonNm8DOROTHY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9FRANK KNOTT
IRS990/Form990PartVIISectionAGrp/PersonNm10DOCK KORNEGAY
IRS990/Form990PartVIISectionAGrp/PersonNm11KATHY LASSITER
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVE MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm13TOM PATTON
IRS990/Form990PartVIISectionAGrp/PersonNm14ROSS RENFROW
IRS990/Form990PartVIISectionAGrp/PersonNm15VAN SAULS
IRS990/Form990PartVIISectionAGrp/PersonNm16DR PEGGY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm17TODD SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm18ANITA TART
IRS990/Form990PartVIISectionAGrp/PersonNm19FRANK WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm20BRANDY CROCKER
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/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2040604
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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt052229
IRS990/FundraisingDirectExpensesAmt027553
IRS990/FundraisingGrossIncomeAmt027553
IRS990/GainOrLossGrp/SecuritiesAmt019900
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt030955
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt093605
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt093605
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0868678
IRS990/GrossReceiptsAmt01017322
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt040
IRS990/InterestGrp/ProgramServicesAmt026
IRS990/InterestGrp/TotalAmt066
IRS990/InvestmentIncomeGrp/ExclusionAmt022058
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022058
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0883782
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01002239
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02914
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0385
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0396
IRS990/LandBldgEquipCostOrOtherBssAmt03310
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0848778
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ADDITIONAL FUNDING TO PUBLIC SCHOOLS IN JOHNSTON COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01217394
IRS990/NetAssetsOrFundBalancesEOYAmt01126053
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt019900
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt019900
IRS990/NetUnrlzdGainsLossesInvstAmt0-65196
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0880
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0176
IRS990/OfficeExpensesGrp/ProgramServicesAmt0704
IRS990/OfficeExpensesGrp/TotalAmt01760
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0174806
IRS990/OtherExpensesGrp/Desc0BANK & SERVICE FEES
IRS990/OtherExpensesGrp/Desc1PAYROLL FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt0607
IRS990/OtherExpensesGrp/FundraisingAmt1290
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04935
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1121
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3264
IRS990/OtherExpensesGrp/ProgramServicesAmt03290
IRS990/OtherExpensesGrp/ProgramServicesAmt1485
IRS990/OtherExpensesGrp/ProgramServicesAmt2232
IRS990/OtherExpensesGrp/ProgramServicesAmt3176
IRS990/OtherExpensesGrp/TotalAmt08225
IRS990/OtherExpensesGrp/TotalAmt11213
IRS990/OtherExpensesGrp/TotalAmt2580
IRS990/OtherExpensesGrp/TotalAmt3440
IRS990/OtherLiabilitiesGrp/BOYAmt0107145
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01474
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01474
IRS990/OtherRevenueTotalAmt01474
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01576
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0315
IRS990/PayrollTaxesGrp/ProgramServicesAmt01261
IRS990/PayrollTaxesGrp/TotalAmt03152
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRANDY CROCKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO ENHANCE PUBLIC EDUCATION THROUGH FUNANCIAL AND HUMAN RESOURCES FROM THE PRIVATE SECTOR. SEVENTY-EIGHT SCHOLARSHIPS WERE AWARDED IN FISCAL YEAR ENDING JUNE 30, 2016.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt074992
IRS990/ProgSrvcAccomActy2Grp/GrantAmt062650
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0148822
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0101928
IRS990/PYInvestmentIncomeAmt03494
IRS990/PYOtherExpensesAmt056164
IRS990/PYRevenuesLessExpensesAmt0-48836
IRS990/PYSalariesCompEmpBnftPaidAmt043060
IRS990/PYTotalExpensesAmt0201152
IRS990/PYTotalRevenueAmt0152316
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-26145
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0293381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt097559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0118711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0172808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0662074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019968
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt027498
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106978
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt029027
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72390
IRS990ScheduleA/PublicSupportPY170Pct00.65570
IRS990ScheduleA/PublicSupportTotal170Amt0662074
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt097559
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0148822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0118711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0172808
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0662074
IRS990ScheduleA/TotalSupportAmt0914539
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt092022
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt050530
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt02935
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0145487
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/ExpensesSubtotalAmt0167136
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-65196
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0396
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02914
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03310
IRS990ScheduleD/RevenueNotReportedAmt0-65196
IRS990ScheduleD/RevenueSubtotalAmt0140991
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0396
IRS990ScheduleD/TotalExpensesPerForm990Amt0167136
IRS990ScheduleD/TotalRevenuePerForm990Amt0140991
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt075795

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
$1,126,540
Liabilities
$487
Net assets
$1,126,053
Revenue
$140,991
Expenses
$167,136
Net income
-$26,145
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