Civic Intelligence

Cg Foundation Inc

EIN 81-1303138 • 501(c)3 • Morehead City, NC

Profile

The primary exempt purpose is raising funds for the prevention, treatment and cure of epilepsy.

1006 Arendell StMorehead City, NC 28557

www.cg-foundation.com

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

-1.4%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

62nd percentile

4.9%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$48,351

Up $2,271 (+4.9%) from 2023

Liabilities

Up

$3,124

Up $3,028 (+3154%) from 2023

Net Assets

Down

$45,227

Down $757 (-1.6%) from 2023

Operations
Liabilities / Revenue79th percentileNet Margin42nd percentile

Revenue

Down

$52,632

Down $10,618 (-17%) from 2023

Expenses

Up

$53,389

Up $1,389 (+2.7%) from 2023

Net Income

Down

-$757

Down $12,007 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth62nd percentile

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

$80K$60K$40K$20K$0Assets 2016: $1,455Liabilities 2016: $0Net Assets 2016: $1,4552016Assets 2017: $4,046Net Assets 2017: $4,0462017Assets 2018: $19,172Net Assets 2018: $19,1722018Assets 2019: $17,863Net Assets 2019: $17,8632019Assets 2020: $12,497Net Assets 2020: $12,4972020Assets 2021: $60,100Net Assets 2021: $60,1002021Assets 2022: $34,733Net Assets 2022: $34,7332022Assets 2023: $46,080Liabilities 2023: $96Net Assets 2023: $45,9842023Assets 2024: $48,351Liabilities 2024: $3,124Net Assets 2024: $45,2272024

Highlighted filing

2024

Assets$48,351
Liabilities$3,124
Net Assets$45,227
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$100K$50K$0-$50KRevenue 2016: $54,485Expenses 2016: $53,530Net Income 2016: $9552016Revenue 2017: $49,100Expenses 2017: $46,509Net Income 2017: $2,5912017Revenue 2018: $52,135Expenses 2018: $37,009Net Income 2018: $15,1262018Revenue 2019: $34,315Expenses 2019: $35,623Net Income 2019: -$1,3082019Revenue 2020: $5,261Expenses 2020: $10,627Net Income 2020: -$5,3662020Revenue 2021: $48,230Expenses 2021: $627Net Income 2021: $47,6032021Revenue 2022: $37,635Expenses 2022: $63,000Net Income 2022: -$25,3652022Revenue 2023: $63,250Expenses 2023: $52,000Net Income 2023: $11,2502023Revenue 2024: $52,632Expenses 2024: $53,389Net Income 2024: -$7572024

Highlighted filing

2024

Revenue$52,632
Expenses$53,389
Net Income-$757
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,351
Liabilities
$3,124
Net assets
$45,227
Revenue
$52,632
Expenses
$53,389
Net income
-$757
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.4$3.12$45.2$52.6$53.4$0.76
2023Detailed filing. Detailed filing data is available for this year.$46.1$0.10$46.0$63.3$52.0$11.3
2022Detailed filing. Detailed filing data is available for this year.$34.7$34.7$37.6$63.0$25.4
2021Detailed filing. Detailed filing data is available for this year.$60.1$60.1$48.2$0.63$47.6
2020Detailed filing. Detailed filing data is available for this year.$12.5$12.5$5.26$10.6$5.37
2019Detailed filing. Detailed filing data is available for this year.$17.9$17.9$34.3$35.6$1.31
2018Detailed filing. Detailed filing data is available for this year.$19.2$19.2$52.1$37.0$15.1
2017Detailed filing. Detailed filing data is available for this year.$4.05$4.05$49.1$46.5$2.59
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$54.5$53.5$0.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 10, 2025
Return Version
2024v5.0
Gross Receipts
$114,702
Mission and Program Overview

Mission

The primary exempt purpose is raising funds for the prevention, treatment and cure of epilepsy.

Program Services

DescriptionGrantsExpenses
HELD ANNUAL GOLF TOURNAMENT TO RAISE MONEY FOR EPILEPSY FOUNDATION.$51,875$53,389
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN W CHALKSecretary-$0--
STEPHEN W CHALK JRPresident-$0--
JAMES CHALKDirector-$0--
HENRY LEN GIBBSDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$114,702$86,344$30,995$55,349
Total Events$114,702$86,344$62,070$24,274
Filing and Contact Details

Filer

Filer Name
Cg Foundation Inc
EIN
81-1303138
Phone
2522418077
Address
1006 ARENDELL ST, MOREHEAD CITY, NC 28557

Signing Officer

Name
Stephen W Chalk Jr
Title
President
Phone
2527263167
Signed
2025-07-10

Preparer

Firm
Rogers & Company Cpas Pa
Address
3408 PINE STREET, MOREHEAD CITY, NC 28557
Preparer
William L Rogers CPA
Phone
2522474625
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Class of activity: research, prevention name: epilepsy foundation of nc address: 1920 w. First st, suite 5541a winston salem, nc 27104 cash contribution: 40,000 name: broad street clinic foundation address: 534 n 35th st morehead city, nc 28557 cash contribution: 7,500”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 2,305 total 0 2,305”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 96 3,124”

Form 990-ez, Part III

“The primary exempt purpose is raising funds for the prevention, treatment and cure of epilepsy.”

Raw XML Appendix170 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
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3HENRY LEN GIBBS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt02305
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE IS RAISING FUNDS FOR THE PREVENTION, TREATMENT AND CURE OF EPILEPSY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELD ANNUAL GOLF TOURNAMENT TO RAISE MONEY FOR EPILEPSY FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt051875
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt062070
IRS990EZ/SpecialEventsNetIncomeLossAmt024274
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt096
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03124
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053389
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IRS990EZ/TotalRevenueAmt052632
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CG-FOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028358
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01000
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt016432
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02093
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: RESEARCH, PREVENTION NAME: EPILEPSY FOUNDATION OF NC ADDRESS: 1920 W. FIRST ST, SUITE 5541A WINSTON SALEM, NC 27104 CASH CONTRIBUTION: 40,000 NAME: BROAD STREET CLINIC FOUNDATION ADDRESS: 534 N 35TH ST MOREHEAD CITY, NC 28557 CASH CONTRIBUTION: 7,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 2,305 TOTAL 0 2,305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 96 3,124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRIMARY EXEMPT PURPOSE IS RAISING FUNDS FOR THE PREVENTION, TREATMENT AND CURE OF EPILEPSY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN W CHALK JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02527263167
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CGFO
ReturnHeader/Filer/EIN0811303138
ReturnHeader/Filer/PhoneNum02522418077
ReturnHeader/Filer/USAddress/AddressLine1Txt01006 ARENDELL ST
ReturnHeader/Filer/USAddress/CityNm0MOREHEAD CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028557
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760811573
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03408 PINE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOREHEAD CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028557
ReturnHeader/PreparerPersonGrp/PhoneNum02522474625
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM L ROGERS CPA
ReturnHeader/ReturnTs02025-07-14T14:22:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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