Civic Intelligence

Halifax Community College Foundation Inc

EIN 59-1608217 • 501(c)3 • Weldon, NC

Profile

To provide scholarships to the students at halifax community college

100 College DriveWeldon, NC 27890

www.halifaxcc.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

76th percentile

18%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

30%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,595,984

Up $394,169 (+18%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,595,984

Up $394,169 (+18%) from 2023

Revenue

Up

$521,881

Up $121,866 (+30%) from 2023

Expenses

Up

$127,711

Up $46,542 (+57%) from 2023

Net Income

Up

$394,170

Up $75,324 (+24%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $961,400Liabilities 2011: $0Net Assets 2011: $961,4002011Assets 2012: $1,041,562Liabilities 2012: $0Net Assets 2012: $1,041,5622012Assets 2013: $1,156,580Liabilities 2013: $0Net Assets 2013: $1,156,5802013Assets 2014: $1,260,366Liabilities 2014: $0Net Assets 2014: $1,260,3662014Assets 2015: $1,403,074Liabilities 2015: $0Net Assets 2015: $1,403,0742015Assets 2016: $1,357,307Liabilities 2016: $0Net Assets 2016: $1,357,3072016Assets 2017: $1,436,414Liabilities 2017: $0Net Assets 2017: $1,436,4142017Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $1,889,104Liabilities 2020: $0Net Assets 2020: $1,889,1042020Assets 2021: $2,165,839Liabilities 2021: $134Net Assets 2021: $2,165,7052021Assets 2022: $1,882,969Liabilities 2022: $0Net Assets 2022: $1,882,9692022Assets 2023: $2,201,815Liabilities 2023: $0Net Assets 2023: $2,201,8152023Assets 2024: $2,595,984Liabilities 2024: $0Net Assets 2024: $2,595,9842024

Highlighted filing

2024

Assets$2,595,984
Liabilities$0
Net Assets$2,595,984

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $48,6642011Revenue 2012: $171,464Expenses 2012: $91,302Net Income 2012: $80,1622012Expenses 2013: $79,3062013Revenue 2014: $179,502Expenses 2014: $75,716Net Income 2014: $103,7862014Revenue 2015: $223,548Expenses 2015: $80,840Net Income 2015: $142,7082015Revenue 2016: $44,971Expenses 2016: $90,738Net Income 2016: -$45,7672016Revenue 2017: $293,248Expenses 2017: $212,911Net Income 2017: $80,3372017Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $338,026Expenses 2020: $58,159Net Income 2020: $279,8672020Revenue 2021: $493,708Expenses 2021: $217,107Net Income 2021: $276,6012021Revenue 2022: $118,061Expenses 2022: $400,797Net Income 2022: -$282,7362022Revenue 2023: $400,015Expenses 2023: $81,169Net Income 2023: $318,8462023Revenue 2024: $521,881Expenses 2024: $127,711Net Income 2024: $394,1702024

Highlighted filing

2024

Revenue$521,881
Expenses$127,711
Net Income$394,170

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$521,881
Mission and Program Overview

Mission

To provide scholarships to the students at halifax community college

The Foundation was formed to provide scholarships to the students at Halifax Community College

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,930,789$2,230,227▲ $299,438
Cash and Non-Interest-Bearing Accounts$271,026$363,448▲ $92,422
Prepaid Expenses and Deferred Charges-$2,309-
Total Assets$2,201,815$2,595,984▲ $394,169
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,201,815$2,595,984▲ $394,169
Total Net Assets Fund Balance$2,201,815$2,595,984▲ $394,169
Total Liabilities and Net Assets / Fund Balance$2,201,815$2,595,984▲ $394,169

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,930,789$96,850▲ $237,570-$2,230,227
2022$1,731,810$70,509▲ $163,290-$1,930,789
2021$1,943,967$119,706▼ $289,001-$1,731,810
2020$1,555,903$23,372▲ $375,115-$1,943,967
2019$1,424,869$74,253▲ $65,352-$1,555,903
Compensation and Service Providers

Board Members and Trustees

NameTitle
Holly WilsonChair
Chris BrownBoard Member
Cindy WhiteBoard Member
Drkevin J WadeBoard Member
Karen ConnellBoard Member
Kenny DeloatchBoard Member
Larry PerkinsBoard Member
Mozine LoweBoard Member
Sondra DickensBoard Member
Steve MedlinBoard Member
Drjennifer JonesExOfficio
Drpatrena Benton-elliottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,208
Program Service Revenue
$0
Investment Income
$225,673
Other Revenue
$0
All Other Contributions
$296,208
Change in Net Assets
$394,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,214
Grants and Similar Amounts Paid$37,497
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$49,763--$49,763
Grants to Domestic Individuals$37,497--$37,497
Fees for Services Other$22,388--$22,388
Fees for Services Accounting$13,652--$13,652
All Other Expenses$4,411--$4,411
Total Functional Expenses$127,711$0$0$127,711
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

This information was reviewed by the CFO and Executive

Part VI Line 11B

Director of the Foundation.

Part VI Line 19

Done within the foundation bylaws

Part VI Line 11B

This information was reviewed by the CFO and Executive Director

Part VI Line 11B

of the foundation.

Part VI Line 12C

Items are reviewed by the CFO and Executive Director on the

Part VI Line 12C

Foundation

Part VI Line 19

Done within the foundations bylaws

Filing and Contact Details

Filer

Filer Name
Halifax Community College Foundation Inc
EIN
59-1608217
In Care Of
% Jennifer Jones
Phone
2525384304
Address
100 College Drive, Weldon, NC 27890

Signing Officer

Name
Jennifer Jones
Title
Executive Director of Foundation
Phone
2525384304
Signed
2025-05-15

Organization Details

Principal Officer
Jennifer Jones
Formed
1976
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12
Supplemental Narrative

Additional Explanations

Part IX Line 11G

Total expenses - $22388.00 Program service expenses - $22388.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 11G

Total expenses-22388 program expenses-22388

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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0119706
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01731810
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt031175
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-289001
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt010423
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01555903
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt023372
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01943967
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0375115
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt08571
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01424869
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt074253
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01555903
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt065352
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.75600
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt037497
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant Funds are used for the intent of the grant the
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1monitoring of the grant is done by reporting back
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2to the grantee after the grant is completed and having
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3the CFO sign off on the use of funds
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4Scholarships are awarded based on the criteria specified
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5by the individual scholarship agreement
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III Line 1
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III Line 1
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This information was reviewed by the CFO and Executive
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Director of the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Done within the foundation bylaws
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Total expenses - $22388.00 Program service expenses - $22388.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4This information was reviewed by the CFO and Executive Director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5of the foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Items are reviewed by the CFO and Executive Director on the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Foundation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Done within the foundations bylaws
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Total expenses-22388 program expenses-22388
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part IX Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part IX Line 11g
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02201815
IRS990/TotalAssetsEOYAmt02595984
IRS990/TotalAssetsGrp/BOYAmt02201815
IRS990/TotalAssetsGrp/EOYAmt02595984
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0296208
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0127711
IRS990/TotalFunctionalExpensesGrp/TotalAmt0127711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02201815
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02595984
IRS990/TotalProgramServiceExpensesAmt0127711
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0225673
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0521881
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02201815
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02595984
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0100 College Drive
IRS990/USAddress/CityNm0Weldon
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027890
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0www.halifaxcc.edu
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director of Foundation
ReturnHeader/BusinessOfficerGrp/PhoneNum02525384304
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Halifax Community College Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0HALI
ReturnHeader/Filer/EIN0591608217
ReturnHeader/Filer/InCareOfNm0% Jennifer Jones
ReturnHeader/Filer/PhoneNum02525384304
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 College Drive
ReturnHeader/Filer/USAddress/CityNm0Weldon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027890
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02025-05-15T21:01:12-05:00
ReturnHeader/ReturnTypeCd0990

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