Civic Intelligence

The Johnston County Education Foundation Inc

990 • Fiscal year 2017 • EIN 58-1923670

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 14, 2017

Organization ProfileWWW.JOHNSTON.K12.NC.US/JCEF
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

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.00x

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

11th percentile

-14%

Higher net margin than 11% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

42nd percentile

$43,086

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 24.7% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

45th percentile

3.9%

Faster asset growth than 45% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

24%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,169,957

Up $43,417 (+3.9%) from 2016

Net Assets

Up

$1,169,492

Up $43,439 (+3.9%) from 2016

Liabilities

Down

$465

Down $22 (-4.5%) from 2016

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin11th percentile

Revenue

Up

$174,725

Up $33,734 (+24%) from 2016

Expenses

Up

$199,769

Up $32,633 (+20%) from 2016

Net Income

Up

-$25,044

Up $1,101 (+4.2%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2017

Assets$1,169,957
Liabilities$465
Net Assets$1,169,492
Open 2017 Filing

Operations Trend

Revenue Growth77th 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

2017

Revenue$174,725
Expenses$199,769
Net Income-$25,044
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 14, 2017
Return Version
2016v3.0
Gross Receipts
$236,412
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$1,002,239$1,065,788▲ $63,549
Cash and Non-Interest-Bearing Accounts$123,905$103,901▼ $20,004
Land, Buildings, and Equipment, Net$396$268▼ $128
Total Assets$1,126,540$1,169,957▲ $43,417
Liabilities
Accounts Payable and Accrued Expenses$487$465▼ $22
Total Liabilities$487$465▼ $22
Net Assets / Fund Balance
Temporarily Rstr Net Assets$720,658$714,434▼ $6,224
Unrestricted Net Assets$405,395$455,058▲ $49,663
Total Net Assets Fund Balance$1,126,053$1,169,492▲ $43,439
Total Liabilities and Net Assets / Fund Balance$1,126,540$1,169,957▲ $43,417

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$268$644$912
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brandy CrockerExecutive DiFT$43,086$43,086

Board Members and Trustees

NameTitle
Todd SuttonBoard Chair
Amy DurhamDirector
Amy TaylorDirector
Anita TartDirector
Dorothy JohnsonDirector
Doug CockrellDirector
Dr Peggy SmithDirector
Dr Ross RenfrowDirector
Frank KnottDirector
Landis BullockDirector
Sandra AltmanDirector
Ted GodwinDirector
Tom PattonDirector
Vann SaulsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$131,891
Program Service Revenue
$0
Investment Income
$42,283
Other Revenue
$551
All Other Contributions
$73,581
Change in Net Assets
$-25,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$174,725
Revenue Not Reported on Form 990
$68,483
Total Revenue per Audited Statements
$243,208
Total Revenue per Form 990
$174,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$108,691
Salaries, Compensation, and Employee Benefits$49,518
Other Expenses$41,560
Total Fundraising Expense$26,930
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$108,691--$108,691
Current Officers, Directors, Trustees, and Key Employees$18,399$4,600$22,999$45,998
Fees for Services Accounting-$16,151-$16,151
Travel$1,455$2,182-$3,637
Payroll Taxes$1,408$352$1,760$3,520
Office Expenses$803$201$1,003$2,007
Conferences and Meetings$779$1,169-$1,948
Other Expenses$360$90$450$900
All Other Expenses$251$376-$627
Depreciation Depletion$51$77-$128
Interest$9$14-$23
Total Functional Expenses$138,662$34,177$26,930$199,769

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$199,769
Total Expenses per Audited Statements$199,769
Total Expenses per Form 990$199,769
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,409
Fundraising Gross Income$25,409
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showcase$68,052$23,745$23,745$0
Spelling Bee$15,667$1,664$1,664$0
Total Events$83,719$25,409$25,409-
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, 2017, 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 2018.”

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

“The form 990 is 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
2017-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Crocker
Formed
1990
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
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

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, 2017.”

Raw XML AppendixShowing 400 of 470 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/BOYAmt0487
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0465
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE ADDITIONAL FUNDING TO PUBLIC SCHOOLS IN JOHNSTON COUNTY.
IRS990/AllOtherContributionsAmt073581
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0376
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0251
IRS990/AllOtherExpensesGrp/TotalAmt0627
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/BOYAmt0123905
IRS990/CashNonInterestBearingGrp/EOYAmt0103901
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt022999
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04600
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt018399
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt045998
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01169
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0779
IRS990/ConferencesMeetingsGrp/TotalAmt01948
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt058310
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0131891
IRS990/CYGrantsAndSimilarPaidAmt0108691
IRS990/CYInvestmentIncomeAmt042283
IRS990/CYOtherExpensesAmt041560
IRS990/CYOtherRevenueAmt0551
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-25044
IRS990/CYSalariesCompEmpBnftPaidAmt049518
IRS990/CYTotalExpensesAmt0199769
IRS990/CYTotalFundraisingExpenseAmt026930
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0174725
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt077
IRS990/DepreciationDepletionGrp/ProgramServicesAmt051
IRS990/DepreciationDepletionGrp/TotalAmt0128
IRS990/Desc0TO SUPPORT AND CREATE PROGRAMS THAT EXPAND THE QUALITY OF EDUCATION. FIFTY-FOUR GRANTS WERE AWARDED IN FISCAL YEAR ENDING JUNE 30, 2017.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt050351
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016151
IRS990/FeesForServicesAccountingGrp/TotalAmt016151
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/AverageHoursPerWeekRt1440.00
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/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/PersonNm0SANDRA ALTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1LANDIS BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2DOUG COCKRELL
IRS990/Form990PartVIISectionAGrp/PersonNm3AMY DURHAM
IRS990/Form990PartVIISectionAGrp/PersonNm4TED GODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm5DOROTHY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK KNOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM PATTON
IRS990/Form990PartVIISectionAGrp/PersonNm8DR ROSS RENFROW
IRS990/Form990PartVIISectionAGrp/PersonNm9VANN SAULS
IRS990/Form990PartVIISectionAGrp/PersonNm10DR PEGGY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11TODD SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm12AMY TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm13ANITA TART
IRS990/Form990PartVIISectionAGrp/PersonNm14BRANDY 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/ReportableCompFromOrgAmt1443086
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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/TitleTxt11BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt058310
IRS990/FundraisingDirectExpensesAmt025409
IRS990/FundraisingGrossIncomeAmt025409
IRS990/GainOrLossGrp/SecuritiesAmt022059
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt035366
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0108691
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0108691
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt058337
IRS990/GrossReceiptsAmt0236412
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt014
IRS990/InterestGrp/ProgramServicesAmt09
IRS990/InterestGrp/TotalAmt023
IRS990/InvestmentIncomeGrp/ExclusionAmt020224
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020224
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01002239
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01065788
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0644
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0396
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0268
IRS990/LandBldgEquipCostOrOtherBssAmt0912
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt036278
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/NetAssetsOrFundBalancesBOYAmt01126053
IRS990/NetAssetsOrFundBalancesEOYAmt01169492
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt022059
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt022059
IRS990/NetUnrlzdGainsLossesInvstAmt068483
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt01003
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0201
IRS990/OfficeExpensesGrp/ProgramServicesAmt0803
IRS990/OfficeExpensesGrp/TotalAmt02007
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK & SERVICE FEES
IRS990/OtherExpensesGrp/Desc1PAYROLL FEES
IRS990/OtherExpensesGrp/Desc2DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt0718
IRS990/OtherExpensesGrp/FundraisingAmt1450
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2634
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt390
IRS990/OtherExpensesGrp/ProgramServicesAmt05459
IRS990/OtherExpensesGrp/ProgramServicesAmt1574
IRS990/OtherExpensesGrp/ProgramServicesAmt2423
IRS990/OtherExpensesGrp/ProgramServicesAmt3360
IRS990/OtherExpensesGrp/TotalAmt013647
IRS990/OtherExpensesGrp/TotalAmt11435
IRS990/OtherExpensesGrp/TotalAmt21057
IRS990/OtherExpensesGrp/TotalAmt3900
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0551
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0551
IRS990/OtherRevenueTotalAmt0551
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01760
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0352
IRS990/PayrollTaxesGrp/ProgramServicesAmt01408
IRS990/PayrollTaxesGrp/TotalAmt03520
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRANDY CROCKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO ENHANCE PUBLIC EDUCATION THROUGH FUNANCIAL AND HUMAN RESOURCES FROM THE PRIVATE SECTOR. NINETY-ONE SCHOLARSHIPS WERE AWARDED IN FISCAL YEAR ENDING JUNE 30, 2017.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt088311
IRS990/ProgSrvcAccomActy2Grp/GrantAmt073325
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097559
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt093605
IRS990/PYInvestmentIncomeAmt041958
IRS990/PYOtherExpensesAmt029171
IRS990/PYOtherRevenueAmt01474
IRS990/PYRevenuesLessExpensesAmt0-26145
IRS990/PYSalariesCompEmpBnftPaidAmt044360
IRS990/PYTotalExpensesAmt0167136
IRS990/PYTotalRevenueAmt0140991
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-25044
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0131891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt097559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0148822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0621157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019968
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020458
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099704
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt054987
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71940
IRS990ScheduleA/PublicSupportPY170Pct00.72390
IRS990ScheduleA/PublicSupportTotal170Amt0621157
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0131891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097559
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0148822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118711
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0621157
IRS990ScheduleA/TotalSupportAmt0863413
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt092022
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt050530
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0142552
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/ExpensesSubtotalAmt0199769
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt068483
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0268
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0644
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0912
IRS990ScheduleD/RevenueNotReportedAmt068483
IRS990ScheduleD/RevenueSubtotalAmt0174725
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, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0268
IRS990ScheduleD/TotalExpensesPerForm990Amt0199769
IRS990ScheduleD/TotalRevenuePerForm990Amt0174725
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0243208
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0199769
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt058310
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt044307
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt014003
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025409
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHOWCASE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPELLING BEE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015667
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt083719
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023745
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt01664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025409
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025409
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023745
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01664
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt073325
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt135366
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRANTS & AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt091
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt154
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION PROVIDES SCHOLARSHIPS AND GRANTS TO INDIVIDUAL STUDENTS IN JOHNSTON COUNTY. FUNDS ARE MADE AVAILABLE BY ORGANIZATIONS AND INDIVIDUALS DEDICATED TO PROVIDING FINANCIAL ASSISTANCE TO INDIVIDUALS DEMONSTRATING STRONG ACADEMIC SUCCESS AND/OR FINANCIAL HARDSHIP. THE FOUNDATION MAINTAINS SIGNED GIFT AGREEMENTS, WHICH OUTLINES SPECIFIC CRITERIA FOR THE DISTRIBUTION OF FUNDS. AWARDED RECIPIENTS' ACADEMIC SUCCESS ARE THEN MONITORED THROUGHOUT THE YEAR AND CONSIDERED IN DETERMINING ELIGIBILITY FOR RENEWALS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 30, 2017, 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 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0720658
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0714434
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01126540
IRS990/TotalAssetsEOYAmt01169957
IRS990/TotalAssetsGrp/BOYAmt01126540

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,169,957
Liabilities
$465
Net assets
$1,169,492
Revenue
$174,725
Expenses
$199,769
Net income
-$25,044
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