Fred Smith Company Foundation

990EZ • Fiscal year 2018 • EIN 94-3415001

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 14, 2018

Organization Profile N/A

400 Riverwood DriveClayton, NC 27527

(919) 550-8086

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE T22 • <$500k nonprofits • Source year 2018

No value available

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

Source year 2018

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Higher top officer pay than 93% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Source year 2018

-33%

Faster asset growth than 14% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Annualized from 2017 to 2018

-100%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • NTEE T22 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets87th percentile

Assets

Down

$3,446

Down $1,700 (-33%) from 2017

Net Assets

Down

$3,446

Down $1,700 (-33%) from 2017

Liabilities

Flat

Flat from 2017

Revenue And Expenses

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Down

Down $5,500 (-100%) from 2017

Expenses

Down

$1,700

Down $4,430 (-72%) from 2017

Net Income

Down

-$1,700

Down $1,070 (-170%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

Highlighted filing

2018

Assets$3,446

Liabilities$0

Net Assets$3,446

Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2018

Revenue$0

Expenses$1,700

Net Income-$1,700

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2017 to Jun 30, 2018
Signed: Nov 14, 2018
Return Version: 2017v2.3
Gross Receipts: $0

Mission and Program Overview

Mission

The primary exempt purpose is to support local religious charaties in support of the community by providing food and other basic necessities.

The primary exempt purpose is to conduct an annual charitable golf tournament and other similar fund-raising events for the purpose of benefiting local public schools and charities, and educating the public about general and specific needs of area public schools as well as to foster a partership relationship between the public school system and local business.

Program Services

Description	Grants	Expenses
CONDUCTED THE ANNUAL CHARITABLE GOLF TOURNAMENT AND TRIATHLON THAT RAISED MONEY FOR LOCAL SCHOOLS AND EDUCATED THE PUBLIC COMMUNITY ABOUT THE GENERAL AND SPECIFIC NEEDS OF AREA PUBLIC SCHOOLS.	$0	$0

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
FRED J SMITH JR	President	-	$0	-	-
FRED J SMITH III	Vice President	-	$0	-	-
SUSAN V JONES	Secretary	-	$0	-	-
CHARLES F FULLER	Director	-	$0	-	-
GARY MILLER	Director	-	$0	-	-
BRIAN STRICKLAND	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Fred Smith Company Foundation
EIN: 94-3415001
Phone: 9195508086
Address: 400 RIVERWOOD DRIVE, CLAYTON, NC 27527

Signing Officer

Name: Fred J Smith Jr
Title: President
Phone: 9195508086
Signed: 2018-11-14
Discuss with paid preparer: Yes

Preparer

Firm: Koonce Wooten & Haywood Llp
Address: P O BOX 17806, RALEIGH, NC 27619-7806
Preparer: J Graham Clements
Phone: 9197829265

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: food & necessities support program. Amount: 900.”

Raw XML Appendix160 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	SUSAN JONES
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9194224410
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	400 RIVERWOOD DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	CLAYTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	27527
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	5146
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	3446
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-1700
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	800
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	5146
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	3446
IRS990EZ/GrossReceiptsAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	5146
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	3446
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	5146
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	3446
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	0.00
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/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	FRED J SMITH JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	FRED J SMITH III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	SUSAN V JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	CHARLES F FULLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	GARY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	BRIAN STRICKLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	900
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE PRIMARY EXEMPT PURPOSE IS TO CONDUCT AN ANNUAL CHARITABLE GOLF TOURNAMENT AND OTHER SIMILAR FUND-RAISING EVENTS FOR THE PURPOSE OF BENEFITING LOCAL PUBLIC SCHOOLS AND CHARITIES, AND EDUCATING THE PUBLIC ABOUT GENERAL AND SPECIFIC NEEDS OF AREA PUBLIC SCHOOLS AS WELL AS TO FOSTER A PARTERSHIP RELATIONSHIP BETWEEN THE PUBLIC SCHOOL SYSTEM AND LOCAL BUSINESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	CONDUCTED THE ANNUAL CHARITABLE GOLF TOURNAMENT AND TRIATHLON THAT RAISED MONEY FOR LOCAL SCHOOLS AND EDUCATED THE PUBLIC COMMUNITY ABOUT THE GENERAL AND SPECIFIC NEEDS OF AREA PUBLIC SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	1700
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationOtherDesc	0	FOUNDATION
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	5500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	13216
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	5000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	23716
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	23716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	5500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	13216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	5000
IRS990ScheduleA/Total509Grp/TotalAmt	0	23716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	5500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	13216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	5000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	23716
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: FOOD & NECESSITIES SUPPORT PROGRAM. AMOUNT: 900.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	FRED J SMITH JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9195508086
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	FRED SMITH COMPANY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	FRED
ReturnHeader/Filer/EIN	0	943415001
ReturnHeader/Filer/PhoneNum	0	9195508086
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	400 RIVERWOOD DRIVE
ReturnHeader/Filer/USAddress/CityNm	0	CLAYTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	27527
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	5F9D83881C83765A6C2550BA3E3606B564890494
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	3E9B1ACC26AEF4A3E251BA82C10B5EBD7AF95121
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	24.106.199.106
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ES
ReturnHeader/FilingSecurityInformation/IPTm	0	11:28:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	560517823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	KOONCE WOOTEN & HAYWOOD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	P O BOX 17806
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	276197806
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9197829265
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	J GRAHAM CLEMENTS
ReturnHeader/ReturnTs	0	2018-11-15T12:54:11-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-07-01
ReturnHeader/TaxPeriodEndDt	0	2018-06-30
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,446
Liabilities: $0
Net assets: $3,446
Revenue: $0
Expenses: $1,700
Net income: -$1,700

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.97	$0.95	$0.02
2023Detailed filing. Detailed filing data is available for this year.	$0.02	$0.00	$0.02	$1.17	$1.15	$0.01
2022Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$1.32	$1.39	$0.07
2021Detailed filing. Detailed filing data is available for this year.	$0.08	$0.00	$0.08	$1.03	$1.38	$0.35
2020Detailed filing. Detailed filing data is available for this year.	$0.43	$0.00	$0.43	$1.08	$0.76	$0.32
2019Detailed filing. Detailed filing data is available for this year.	$0.11	$0.00	$0.11	$0.32	$0.24	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$0.03	$0.00	$0.03	$0.00	$0.02	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$0.05	$0.00	$0.05	$0.06	$0.06	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$0.06	$0.00	$0.06	$0.13	$0.08	$0.05
2015Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.05	$0.05	$0.00
2014Summary only. Only limited summary data is available for this year.	$0.01	$0.00		$0.00	$0.01	$0.01
2013Summary only. Only limited summary data is available for this year.	$0.02	$0.00		$0.03	$0.01	$0.02
2012Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.00	$0.00	$0.00
2011Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.09	$0.03	$0.13