Civic Intelligence

The Johnston County Education Foundation Inc

990 • Fiscal year 2019 • EIN 58-1923670

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 28, 2020

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

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

14th percentile

-11%

Higher net margin than 14% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$44,451

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

26th percentile

-2.2%

Faster asset growth than 26% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

29th percentile

-4.0%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$1,175,867

Down $26,611 (-2.2%) from 2018

Net Assets

Down

$1,175,115

Down $25,823 (-2.2%) from 2018

Liabilities

Down

$752

Down $788 (-51%) from 2018

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin14th percentile

Revenue

Down

$180,408

Down $7,531 (-4.0%) from 2018

Expenses

Up

$200,488

Up $11,203 (+5.9%) from 2018

Net Income

Down

-$20,080

Down $18,734 (-1392%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2019

Assets$1,175,867
Liabilities$752
Net Assets$1,175,115
Open 2019 Filing

Operations Trend

Revenue Growth29th 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

2019

Revenue$180,408
Expenses$200,488
Net Income-$20,080
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 28, 2020
Return Version
2018v3.2
Gross Receipts
$285,883
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$1,079,311$1,034,959▼ $44,352
Cash and Non-Interest-Bearing Accounts$122,463$140,416▲ $17,953
Land, Buildings, and Equipment, Net$704$492▼ $212
Total Assets$1,202,478$1,175,867▼ $26,611
Liabilities
Accounts Payable and Accrued Expenses$1,540$752▼ $788
Total Liabilities$1,540$752▼ $788
Net Assets / Fund Balance
Temporarily Rstr Net Assets$732,960$735,088▲ $2,128
Unrestricted Net Assets$467,978$440,027▼ $27,951
Total Net Assets Fund Balance$1,200,938$1,175,115▼ $25,823
Total Liabilities and Net Assets / Fund Balance$1,202,478$1,175,867▼ $26,611

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$492$878$1,370
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brandy CrockerExecutive DiFT$44,451$44,451

Board Members and Trustees

NameTitle
Tom PattonBoard Chair
Amy TaylorDirector
Anita TartDirector
Chuck BatchleyDirector
Dana WootenDirector
Doug CockrellDirector
Dr Peggy SmithDirector
Frank KnottDirector
Jenna PaytonDirector
Landis BullockDirector
Loretta ByrdDirector
Mike MancusoDirector
Renee WiggsDirector
Ted GodwinDirector
Todd SuttonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$119,392
Program Service Revenue
$0
Investment Income
$60,991
Other Revenue
$25
All Other Contributions
$66,387
Change in Net Assets
$-20,080

Audited Revenue Reconciliation

Revenue per Audited Statements
$153,012
Revenue Not Reported on Financial Statements
$27,396
Revenue Not Reported on Form 990
$7,955
Other Revenue Adjustments
$13,698
Total Revenue per Audited Statements
$160,967
Total Revenue per Form 990
$180,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$102,402
Other Expenses$51,138
Salaries, Compensation, and Employee Benefits$46,948
Total Fundraising Expense$36,589
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$102,402--$102,402
Current Officers, Directors, Trustees, and Key Employees$17,406$4,352$21,758$43,516
Fees for Services Accounting-$13,737-$13,737
Fees for Service Investment Mgmnt Fees-$13,698-$13,698
Office Expenses$1,062$264$7,062$8,388
Travel$1,812$2,718-$4,530
Payroll Taxes$1,373$343$1,716$3,432
Other Expenses$338$507$548$845
Conferences and Meetings$286$429-$715
Insurance-$413-$413
Depreciation Depletion$85$128-$213
All Other Expenses$71$106-$177
Interest$19$29-$48
Total Functional Expenses$126,243$37,656$36,589$200,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$200,488
Expenses per Audited Statements$186,790
Total Expenses per Audited Statements$186,790
Expenses Not Reported on Financial Statements$13,698
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,639
Fundraising Gross Income$11,639
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showcase$51,665$10,289$10,289$0
Spelling Bee$12,979$1,350$1,350$0
Total Events$64,644$11,639$11,639-
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, 2019, 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 2020.”

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
2020-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Crocker
Formed
1990
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
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, Part XI, Line 9

“Reclass of investment fees -13,698”

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, 2019.”

Schedule D, Page 4, Part XI, Line 4B

“Reclass of investment fees 13,698”

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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/LandBldgEquipBasisNetGrp/EOYAmt0492
IRS990/LandBldgEquipCostOrOtherBssAmt01370
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt093836
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/NetAssetsOrFundBalancesBOYAmt01200938
IRS990/NetAssetsOrFundBalancesEOYAmt01175115
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt023586
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt023586
IRS990/NetUnrlzdGainsLossesInvstAmt07955
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt07062
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0264
IRS990/OfficeExpensesGrp/ProgramServicesAmt01062
IRS990/OfficeExpensesGrp/TotalAmt08388
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-13698
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1PAYROLL FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt04727
IRS990/OtherExpensesGrp/FundraisingAmt1778
IRS990/OtherExpensesGrp/FundraisingAmt2548
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0666
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1156
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3507
IRS990/OtherExpensesGrp/ProgramServicesAmt0328
IRS990/OtherExpensesGrp/ProgramServicesAmt1623
IRS990/OtherExpensesGrp/ProgramServicesAmt2438
IRS990/OtherExpensesGrp/ProgramServicesAmt3338
IRS990/OtherExpensesGrp/TotalAmt05721
IRS990/OtherExpensesGrp/TotalAmt11557
IRS990/OtherExpensesGrp/TotalAmt21096
IRS990/OtherExpensesGrp/TotalAmt3845
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025
IRS990/OtherRevenueTotalAmt025
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01716
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0343
IRS990/PayrollTaxesGrp/ProgramServicesAmt01373
IRS990/PayrollTaxesGrp/TotalAmt03432
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRANDY CROCKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO ENHANCE PUBLIC EDUCATION THROUGH FINANCIAL AND HUMAN RESOURCES FROM THE PRIVATE SECTOR. EIGHTY-SIX SCHOLARSHIPS WERE AWARDED IN FISCAL YEAR ENDING JUNE 30, 2019.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt087671
IRS990/ProgSrvcAccomActy2Grp/GrantAmt075750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0129277
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt099446
IRS990/PYInvestmentIncomeAmt058662
IRS990/PYOtherExpensesAmt042490
IRS990/PYRevenuesLessExpensesAmt0-1346
IRS990/PYSalariesCompEmpBnftPaidAmt047349
IRS990/PYTotalExpensesAmt0189285
IRS990/PYTotalRevenueAmt0187939
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-20080
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt025
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0129277
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0131891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt097559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0148822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0626941
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020371
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt022058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019968
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0120026
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt093936
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83930
IRS990ScheduleA/PublicSupportPY170Pct00.76720
IRS990ScheduleA/PublicSupportTotal170Amt0626941
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0129277
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0131891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt097559
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0148822
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0626941
IRS990ScheduleA/TotalSupportAmt0746992
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/ExpensesNotRptFinclStmtAmt013698
IRS990ScheduleD/ExpensesSubtotalAmt0186790
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt013698
IRS990ScheduleD/InvestmentExpensesNotIncldAmt013698
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07955
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0492
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0878
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01370
IRS990ScheduleD/OtherRevenuesNotIncludedAmt013698
IRS990ScheduleD/RevenueNotReportedAmt07955
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt027396
IRS990ScheduleD/RevenueSubtotalAmt0153012
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, 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RECLASS OF INVESTMENT FEES 13,698
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0492
IRS990ScheduleD/TotalExpensesPerForm990Amt0200488
IRS990ScheduleD/TotalRevenuePerForm990Amt0180408
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0160967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0186790
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt053005
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt041376
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt011629
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011639
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHOWCASE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPELLING BEE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012979
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064644
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt01350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt011639
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011639
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010289
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01350
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt075750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt126652
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRANTS & AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt086
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt130
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,175,867
Liabilities
$752
Net assets
$1,175,115
Revenue
$180,408
Expenses
$200,488
Net income
-$20,080
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