Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Up$484,452
Up $105,817 (+28%) from 2021
Net Assets
Up$484,452
Up $105,817 (+28%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$108,630
Up $7,537 (+7.5%) from 2021
Expenses
Down$1,877
Down $1,319 (-41%) from 2021
Net Income
Up$106,753
Up $8,856 (+9.0%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $108,630
Mission and Program Overview
Mission
Our mission is to help people improve themselves through training, education, and professional certifications. We will do this by providing scholarships to people of all ages (including platt family members) to help financially support their endeavors in developing themselves in the hopes of a brighter future.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SCHOLARSHIPS | - | $1,877 |
| OUR MISSION IS TO HELP PEOPLE IMPROVE THEMSELVES THROUGH TRAINING,EDUCATION, AND PROFESSIONAL CERTIFCIATIONS. WE WILL DO THIS BY PROVIDING SCHOLARSHIPS TO PEOPLE OF ALL AGES (INCLUDING PLATT FAMILY MEMEBERS) TO HELP FINANCIALLY SUPPORT THEIR ENDEAVORS IN DEVELOPING THEMSELVES IN THE HOPES OF A BRIGHTER FUTURE. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CORRY PLATT | President | - | $0 | - | - |
| RYAN PLATT | Treasurer | - | $0 | - | - |
| CHARLES PLATT III | V. President | - | $0 | - | - |
| CHARLES PLATT IV | Secretary | - | $0 | - | - |
| JENNIFER PLATT | Parliamentar | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Platt Foundation Inc
- EIN
- 81-4688501
- Phone
- 9196565799
- Address
- 104 EAGLES NEST COURT, CARY, NC 27513
Signing Officer
- Name
- Corry Platt
- Title
- President
- Phone
- 9196565799
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Lifetime Tax Management LLC
- Address
- 801 CORPORATE CENTER DRIVE SUITE 11, RALEIGH, NC 27607
- Preparer
- Mark B Girimonte CPA
- Phone
- 9194651265
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses accounting & tax services 1,050 office expense 827 total 1,877”
Form 990-ez, Part I, Line 20
“Book / tax depreciation difference -625”
Form 990-ez, Part II, Line 24
“1,406 1,406 less accumulated depreciation 1,406 1,406 total 0 0”
Form 990-ez, Part III
“Our mission is to help people improve themselves through training, education, and professional certifications. We will do this by providing scholarships to people of all ages (including platt family members) to help financially support their endeavors in developing themselves in the hopes of a brighter future.”
Form 990-ez, Part III, Line 28
“Our mission is to help people improve themselves through training,education, and professional certifciations. We will do this by providing scholarships to people of all ages (including platt family memebers) to help financially support their endeavors in developing themselves in the hopes of a brighter future.”
Form 990-ez, Part III, Line 31
“SCHOLARSHIPS”
Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CORRY PLATT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9196565799 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 104 EAGLES NEST COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CARY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27513 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 377699 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 484452 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 108630 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 106753 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 377699 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 484452 |
| IRS990EZ/GrossReceiptsAmt | 0 | 108630 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 377699 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 484452 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 377699 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 484452 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CORRY PLATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RYAN PLATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHARLES PLATT III |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHARLES PLATT IV |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JENNIFER PLATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | V. PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PARLIAMENTAR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1877 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OUR MISSION IS TO HELP PEOPLE IMPROVE THEMSELVES THROUGH TRAINING, EDUCATION, AND PROFESSIONAL CERTIFICATIONS. WE WILL DO THIS BY PROVIDING SCHOLARSHIPS TO PEOPLE OF ALL AGES (INCLUDING PLATT FAMILY MEMBERS) TO HELP FINANCIALLY SUPPORT THEIR ENDEAVORS IN DEVELOPING THEMSELVES IN THE HOPES OF A BRIGHTER FUTURE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OUR MISSION IS TO HELP PEOPLE IMPROVE THEMSELVES THROUGH TRAINING,EDUCATION, AND PROFESSIONAL CERTIFCIATIONS. WE WILL DO THIS BY PROVIDING SCHOLARSHIPS TO PEOPLE OF ALL AGES (INCLUDING PLATT FAMILY MEMEBERS) TO HELP FINANCIALLY SUPPORT THEIR ENDEAVORS IN DEVELOPING THEMSELVES IN THE HOPES OF A BRIGHTER FUTURE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SCHOLARSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1877 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 1877 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 1877 |
| IRS990EZ/TotalRevenueAmt | 0 | 108630 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 108630 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 101093 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92954 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 95261 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 118010 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 515948 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 515948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 108630 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 101093 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 92954 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 95261 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 118010 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 515948 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 515948 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ACCOUNTING & TAX SERVICES 1,050 OFFICE EXPENSE 827 TOTAL 1,877 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK / TAX DEPRECIATION DIFFERENCE -625 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 1,406 1,406 LESS ACCUMULATED DEPRECIATION 1,406 1,406 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | OUR MISSION IS TO HELP PEOPLE IMPROVE THEMSELVES THROUGH TRAINING, EDUCATION, AND PROFESSIONAL CERTIFICATIONS. WE WILL DO THIS BY PROVIDING SCHOLARSHIPS TO PEOPLE OF ALL AGES (INCLUDING PLATT FAMILY MEMBERS) TO HELP FINANCIALLY SUPPORT THEIR ENDEAVORS IN DEVELOPING THEMSELVES IN THE HOPES OF A BRIGHTER FUTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OUR MISSION IS TO HELP PEOPLE IMPROVE THEMSELVES THROUGH TRAINING,EDUCATION, AND PROFESSIONAL CERTIFCIATIONS. WE WILL DO THIS BY PROVIDING SCHOLARSHIPS TO PEOPLE OF ALL AGES (INCLUDING PLATT FAMILY MEMEBERS) TO HELP FINANCIALLY SUPPORT THEIR ENDEAVORS IN DEVELOPING THEMSELVES IN THE HOPES OF A BRIGHTER FUTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SCHOLARSHIPS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CORRY PLATT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9196565799 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PLATT FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PLAT |
| ReturnHeader/Filer/EIN | 0 | 814688501 |
| ReturnHeader/Filer/PhoneNum | 0 | 9196565799 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 104 EAGLES NEST COURT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CARY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27513 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 852685067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LIFETIME TAX MANAGEMENT LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 801 CORPORATE CENTER DRIVE SUITE 11 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27607 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9194651265 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARK B GIRIMONTE CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T14:59:56-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CORRY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | PLATT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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.
- Assets
- $484,452
- Liabilities
- -
- Net assets
- $484,452
- Revenue
- $108,630
- Expenses
- $1,877
- Net income
- $106,753