Civic Intelligence

Cg Foundation Inc.

990EZ • Fiscal year 2022 • EIN 81-1303138

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 25, 2023

Organization ProfileWWW.CG-FOUNDATION.COM
1006 Arendell StMorehead City, NC 28557

(252) 726-3167

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

15th percentile

-67%

Higher net margin than 15% of similar nonprofits.

2022 filings • NTEE G • <$500k nonprofits • Source year 2022

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.

2022 filings • NTEE G • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-42%

Faster asset growth than 12% of similar nonprofits.

2022 filings • NTEE G • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-22%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • NTEE G • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$34,733

Down $25,367 (-42%) from 2021

Net Assets

Down

$34,733

Down $25,367 (-42%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin15th percentile

Revenue

Down

$37,635

Down $10,595 (-22%) from 2021

Expenses

Up

$63,000

Up $62,373 (+9948%) from 2021

Net Income

Down

-$25,365

Down $72,968 (-153%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$34,733
Liabilities-
Net Assets$34,733
Open 2022 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$37,635
Expenses$63,000
Net Income-$25,365
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$89,278
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.$63,000$63,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

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

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$89,278$81,675$40,146$41,529
Total Events$89,278$81,675$51,643$30,032
Filing and Contact Details

Filer

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

Signing Officer

Name
Stephen W Chalk Jr
Title
President
Phone
2527263167
Signed
2023-09-25

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: 55,000”

Form 990-ez, Part III

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

Raw XML Appendix157 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0STEPHEN CHALK
IRS990EZ/BooksInCareOfDetail/PhoneNum02527263167
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01006 ARENDELL STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOREHEAD CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028557
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060098
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034733
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07603
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-25365
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt060098
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034733
IRS990EZ/FundraisingGrossIncomeAmt081675
IRS990EZ/GrantsAndSimilarAmountsPaidAmt063000
IRS990EZ/GrossReceiptsAmt089278
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060098
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034733
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt060098
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034733
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHEN W CHALK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHEN W CHALK JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM B CHALK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES CHALK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4HENRY LEN GIBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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/GrantsAndAllocationsAmt063000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt063000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt051643
IRS990EZ/SpecialEventsNetIncomeLossAmt030032
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt063000
IRS990EZ/TotalProgramServiceExpensesAmt063000
IRS990EZ/TotalRevenueAmt037635
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CG-FOUNDATION.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt09102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt039018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt081675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt065358
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt063460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt076094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0294687
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0333705
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089278
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084512
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt072562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt078253
IRS990ScheduleA/Total509Grp/TotalAmt0333705
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt084512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt072562
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt078253
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0333705
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07603
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07603
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051643
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089278
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt089278
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt081675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt081675
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030032
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt040146
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040146
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03997
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03997
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: 55,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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 III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN W CHALK JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02527263167
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CGFO
ReturnHeader/Filer/EIN0811303138
ReturnHeader/Filer/USAddress/AddressLine1Txt01006 ARENDELL ST
ReturnHeader/Filer/USAddress/CityNm0MOREHEAD CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028557
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760811573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGERS & COMPANY CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03408 PINE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOREHEAD CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028557
ReturnHeader/PreparerPersonGrp/PhoneNum02522474625
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM L ROGERS CPA
ReturnHeader/ReturnTs02023-10-09T10:48:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHEALK JR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,733
Liabilities
-
Net assets
$34,733
Revenue
$37,635
Expenses
$63,000
Net income
-$25,365
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