Civic Intelligence

Konspicuous Foundation Inc

EIN 85-3924552 • 501(c)3 • Charlotte, NC

Profile

The organization's primary exempt purpose is to help solve the country's student loan debt crisis unevenly affecting people of color

8405 Conner Ridge LnCharlotte, NC 28269

www.konspicuousfoundation.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

44th percentile

-0.2%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Flat

$0

Flat from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

-$252

Down $4,067 (-107%) from 2024

Revenue

Up

$101,750

Up $12,975 (+15%) from 2024

Expenses

Up

$102,002

Up $17,042 (+20%) from 2024

Net Income

Down

-$252

Down $4,067 (-107%) from 2024

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2021: $6,465Liabilities 2021: $28,709Net Assets 2021: -$22,2442021Assets 2022: $26,415Liabilities 2022: $66,974Net Assets 2022: -$40,5592022Assets 2023: $4,478Liabilities 2023: $64,857Net Assets 2023: -$60,3792023Assets 2024: $0Net Assets 2024: $3,8152024Assets 2025: $0Net Assets 2025: -$2522025

Highlighted filing

2025

Assets$0
Liabilities-
Net Assets-$252

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2021: $6,613Expenses 2021: $28,857Net Income 2021: -$22,2442021Revenue 2022: $281,695Expenses 2022: $298,919Net Income 2022: -$17,2242022Revenue 2023: $187,747Expenses 2023: $207,566Net Income 2023: -$19,8192023Revenue 2024: $88,775Expenses 2024: $84,960Net Income 2024: $3,8152024Revenue 2025: $101,750Expenses 2025: $102,002Net Income 2025: -$2522025

Highlighted filing

2025

Revenue$101,750
Expenses$102,002
Net Income-$252

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jun 22, 2025
Return Version
2024v5.2
Gross Receipts
$101,750
Mission and Program Overview

Mission

To increase financial literacy and promote economic empowerment by providing accessible education, resources, and community-based programs that help individuals make informed and confident financial decisions.

Our primary exempt purpose is to increase financial literacy and promote economic empowerment by providing accessible education, resources, and community-based programs that help individuals make informed and confident financial decisions.

Program Services

DescriptionGrantsExpenses
FINANCIAL LITERACY EDUCATION [:AMP:] WORKSHOPS. DESCRIPTION: DELIVERED A SERIES OF IN-PERSON AND VIRTUAL FINANCIAL LITERACY WORKSHOPS DESIGNED TO HELP INDIVIDUALS IMPROVE THEIR UNDERSTANDING OF BUDGETING CREDIT SAVINGS AND FINANCIAL PLANNING. THE EXECUTIVE DIRECTOR DEVOTED THE MAJORITY OF TIME TO PROGRAM DEVELOPMENT CURRICULUM PLANNING AND COMMUNITY ENGAGEMENT. SESSIONS SUPPORTED INDIVIDUALS FROM DIVERSE BACKGROUNDS IN MAKING INFORMED FINANCIAL DECISIONS.-$45,000
OUTREACH AND PROGRAM SUPPORT. DESCRIPTION: SUPPORTED THE IMPLEMENTATION OF PROGRAM SERVICES THROUGH OUTREACH COMMUNICATIONS AND OPERATIONAL INFRASTRUCTURE. THIS INCLUDED MARKETING AND ADVERTISING CAMPAIGNS EVENT COORDINATION INSURANCE COVERAGE FOR PUBLIC-FACING PROGRAMMING AND PROFESSIONAL TOOLS TO ENHANCE SERVICE DELIVERY. THESE EFFORTS HELPED EXPAND THE REACH AND EFFECTIVENESS OF FINANCIAL LITERACY AND EMPOWERMENT INITIATIVES.-$3,555
COMMUNITY AWARDS AND MICROGRANTS. DESCRIPTION: PROVIDED DIRECT FINANCIAL SUPPORT THROUGH SCHOLARSHIPS AND SMALL BUSINESS MICROGRANTS. THE ORGANIZATION AWARDED TWO $1000 SCHOLARSHIPS TO YOUTH PARTICIPANTS PURSUING EDUCATIONAL ADVANCEMENT AND TWO $500 STARTUP GRANTS TO PARTICIPANTS IN THE FOUNDATIONS YOUTH ENTREPRENEURSHIP INITIATIVES. ADDITIONALLY ONE BUSINESS ACCOUNT SETUP WAS FUNDED TO SUPPORT YOUTH IN A BUSINESS INCUBATOR PROGRAM.$3,100$3,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAYMOND WHITEExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Konspicuous Foundation Inc
EIN
85-3924552
Phone
7046817550
Address
8405 CONNER RIDGE LN, CHARLOTTE, NC 28269

Signing Officer

Name
Raymond White
Title
Executive director
Phone
7046817550
Signed
2025-06-22
Discuss with paid preparer
Yes

Preparer

Firm
Certifact Taxes
Address
1241 PANOLA RD STE B, STONE MOUNTAIN, GA 30088
Preparer
Raymond White
Phone
6786917275
Supplemental Narrative

Additional Explanations

Part I, Line 10

The balance of the contributions were each usd 5,000 or less.

Part I, Line 16

1) other expenses bank and merchant fees amount 370 2) other expenses dues subscriptions and licenses amount 806 3) other expenses event expenses amount 7794 4) other expenses information technology amount 351 5) other expenses insurance amount 1343 6) other expenses marketing and advertising amount 1472 7) other expenses meeting expenses amount 151 8) other expenses other general and administrative amount 140 9) other expenses supplies and materials amount 1119

Other

Executive director compensation disclosure part iv the executive director provided professional services to the organization during the fiscal year as an in-kind contribution. The estimated value of these services, based on fair market value, was usd 6,250 per month, totaling usd 75,000 for the fiscal year. No compensation was paid, and no form w-2 or 1099 was issued. Accordingly, usd 0 is reported in part iv. Grants and awards disclosure during the fiscal year, the organization awarded two usd 1,000 scholarships to youth pursuing post-secondary education and two usd 500 business startup grants to participants in the foundations youth entrepreneurship program. Additionally, the organization funded one business account setup as part of its youth incubator initiative. All awards were under usd 5,000 and no individual or organization received more than usd 5,000 in aggregate.

Raw XML Appendix119 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BALANCE OF THE CONTRIBUTIONS WERE EACH USD 5,000 OR LESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR COMPENSATION DISCLOSURE PART IV THE EXECUTIVE DIRECTOR PROVIDED PROFESSIONAL SERVICES TO THE ORGANIZATION DURING THE FISCAL YEAR AS AN IN-KIND CONTRIBUTION. THE ESTIMATED VALUE OF THESE SERVICES, BASED ON FAIR MARKET VALUE, WAS USD 6,250 PER MONTH, TOTALING USD 75,000 FOR THE FISCAL YEAR. NO COMPENSATION WAS PAID, AND NO FORM W-2 OR 1099 WAS ISSUED. ACCORDINGLY, USD 0 IS REPORTED IN PART IV. GRANTS AND AWARDS DISCLOSURE DURING THE FISCAL YEAR, THE ORGANIZATION AWARDED TWO USD 1,000 SCHOLARSHIPS TO YOUTH PURSUING POST-SECONDARY EDUCATION AND TWO USD 500 BUSINESS STARTUP GRANTS TO PARTICIPANTS IN THE FOUNDATIONS YOUTH ENTREPRENEURSHIP PROGRAM. ADDITIONALLY, THE ORGANIZATION FUNDED ONE BUSINESS ACCOUNT SETUP AS PART OF ITS YOUTH INCUBATOR INITIATIVE. ALL AWARDS WERE UNDER USD 5,000 AND NO INDIVIDUAL OR ORGANIZATION RECEIVED MORE THAN USD 5,000 IN AGGREGATE.
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