Civic Intelligence

Mount Airy City Schools Foundation

EIN 88-1601257 • 501(c)3 • Mount Airy, NC

990-N CoverageNTEE B12

Profile

The mission of mount airy city schools foundation is to promote excellence in teaching and learning and athletic support in mount airy city schools

351 Riverside DriveMount Airy, NC 27030

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$188,781

Up $85,985 (+84%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$188,781

Up $85,985 (+84%) from 2023

Operations

Revenue

Up

$252,685

Up $185,066 (+274%) from 2023

Expenses

Up

$166,700

Up $154,175 (+1231%) from 2023

Net Income

Up

$85,985

Up $30,891 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2023: $102,796Net Assets 2023: $102,7962023Assets 2024: $188,781Liabilities 2024: $0Net Assets 2024: $188,7812024

Highlighted filing

2024

Assets$188,781
Liabilities$0
Net Assets$188,781

Operations Trend

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

$300K$200K$100K$0Revenue 2023: $67,619Expenses 2023: $12,525Net Income 2023: $55,0942023Revenue 2024: $252,685Expenses 2024: $166,700Net Income 2024: $85,9852024

Highlighted filing

2024

Revenue$252,685
Expenses$166,700
Net Income$85,985

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$265,241
Mission and Program Overview

Mission

The mission of mount airy city schools foundation is to promote excellence in teaching and learning and athletic support in mount airy city schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,796$188,781▲ $85,985
Total Assets$102,796$188,781▲ $85,985
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$102,796$188,781▲ $85,985
Total Net Assets Fund Balance$102,796$188,781▲ $85,985
Total Liabilities and Net Assets / Fund Balance$102,796$188,781▲ $85,985
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kyle LeonardChairman
Thomas HortonVice Chair
Christina PlittDirector
Darren LewisDirector
Ellie WebbDirector
John KerleyDirector
Lizzie MorrisonDirector
Mary HaurserDirector
Phil ThackerDirector
Skip EckenrodDirector
Dr Phillip BrownExecutive Director
Dr Kim MorrisonSecretary
Lesa HensleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,528
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$78,155
All Other Contributions
$174,528
Change in Net Assets
$85,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$6,507$0$6,507
Fees for Services Accounting$0$250$0$250
Total Functional Expenses$159,185$7,515$0$166,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$90,711
Fundraising Direct Expenses$12,556
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$42,687$42,687$3,828$38,859
Athlectic Passes$17,092$17,092$500$16,592
Total Events$80,179$80,179$12,556$67,623
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mount Airy City Schools Foundation Inc
EIN
88-1601257
Phone
3367895147
Address
351 RIVERSIDE DRIVE, MOUNT AIRY, NC 27030

Signing Officer

Name
Lesa Hensley
Title
Treasurer
Phone
3367895147
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lesa Hensley
Formed
2022
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Andrea L Kniskern
Address
215 CITY HALL ST, MOUNT AIRY, NC 27030
Preparer
Andrea L Kniskern
Phone
3367868549
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

The organization regularly and consistently monitors and enforces the compliance with the conflict of interest policy throughout the year. The organizations staff and board members are required annually to review the conflict of interest policy and sign a statement of compliance.

Pt VI, Line 19

The organization makes all documents available to the public upon request.

Pt VI, Line 11B

The 990 is made available to the board of directors for review prior to being filed.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-05-14T13:57:46-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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