CAROLINA HURRICANES FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CAROLINA HURRICANES FOUNDATION INC (EIN 22-2652765)
Tax period
2020-08-01 to 2021-07-31
Filed
2022-03-11
IRS object ID
202220709349300527
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-03-11T11:35:44-06:00ReturnTs
Tax Period End2021-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11100 Peachtree Street Suite 700AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303094516ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222652765EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Carolina Hurricanes Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% SHAUN NICHOLSONInCareOfNm
Business Name ControlCAROBusinessNameControlTxt
Phone9198615467PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11400 EDWARDS MILL ROADAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27607ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHAUN NICHOLSONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9198616209PhoneNum
Signature2022-03-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHAUNPersonFirstNm
Person LastNICHOLSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSandra L FeinsmithPreparerPersonNm
PTINP01064157PTIN
Phone4046886841PhoneNum
Preparation2022-03-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHAUN NICHOLSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11400 EDWARDS MILL ROADAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27607ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$301,863GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://HURRICANES.NHL.COM/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionThe Foundation raises and donates money to various organizations in order to support the local community.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,130,257PYContributionsGrantsAmt
CY Contributions Grants$248,989CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,812PYInvestmentIncomeAmt
CY Investment Income$101CYInvestmentIncomeAmt
PY Other Revenue-$318,451PYOtherRevenueAmt
CY Other Revenue-$4,224CYOtherRevenueAmt
PY Total Revenue$813,618PYTotalRevenueAmt
CY Total Revenue$244,866CYTotalRevenueAmt
PY Grants And Similar Paid$676,401PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$134,279CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$117,399PYOtherExpensesAmt
CY Other Expenses$39,154CYOtherExpensesAmt
PY Total Expenses$793,800PYTotalExpensesAmt
CY Total Expenses$173,433CYTotalExpensesAmt
PY Revenues Less Expenses$19,818PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$71,433CYRevenuesLessExpensesAmt
Total Assets BOY$496,593TotalAssetsBOYAmt
Total Assets EOY$594,153TotalAssetsEOYAmt
Total Liabilities BOY$262,080TotalLiabilitiesBOYAmt
Total Liabilities EOY$288,207TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$234,513NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$305,946NetAssetsOrFundBalancesEOYAmt
MissionTHE FOUNDATION RAISES AND DONATES MONEY TO VARIOUS ORGANIZATIONS IN ORDER TO SUPPORT THE LOCAL COMMUNITY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$134,279ExpenseAmt
Grant$134,279GrantAmt
Revenue$0RevenueAmt
DescTHE FOUNDATION MAKES CONTRIBUTIONS TO VARIOUS ORGANIZATIONS, PRIMARILY CHARITABLE IN NATURE, IN ORDER TO SUPPORT LOCAL CAUSES AND GENERATE GOODWILL IN THE COMMUNITY IN WHICH THE CAROLINA HURRICANES ARE LOCATED.Desc
Total Program Service Expenses$134,279TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHAUN NICHOLSONPersonNm
Phone9198617136PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11400 EDWARDS MILL ROADAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27607ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Greg Dobbyn
Board Member1.00.0Yes (X)$0$0$0
Kathy Higgins
Board Member1.00.0Yes (X)$0$0$0
Courtney Kamlet
Board Member1.00.0Yes (X)$0$0$0
Michael McMyne
Board Member1.00.0Yes (X)$0$0$0
Reagan Greene Pruitt
Board Member1.00.0Yes (X)$0$0$0
Rebecca Quinn-Wolf
Board Member1.00.0Yes (X)$0$0$0
Randy Quirk
Board Member1.00.0Yes (X)$0$0$0
Lisa Schiller
Board Member1.00.0Yes (X)$0$0$0
Harvey Schmitt
Board Member1.00.0Yes (X)$0$0$0
Don Waddell
Board Member1.00.0Yes (X)$0$0$0
Shaun Nicholson
Treasurer1.00.0$0$0$0Yes (X)
Jon Chase
Executive Director3.00.0$0$0$0Yes (X)
Nigel Wheeler
Secretary1.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$156,577FundraisingAmt
All Other Contributions$92,412AllOtherContributionsAmt
Total Contributions$248,989TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$101TotalRevenueColumnAmt
Exclusion$101ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$48,348FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$156,577ContriRptFundraisingEventAmt
Fundraising Direct Expenses$54,137FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$5,789TotalRevenueColumnAmt
Exclusion-$5,789ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$4,425GamingGrossIncomeAmt
Gaming Direct Expenses$2,860GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,565TotalRevenueColumnAmt
Exclusion$1,565ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$244,866TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Exclusion-$4,123ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$134,279TotalAmt
Program Services$134,279ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,457TotalAmt
Management And General$15,457ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,320TotalAmt
Management And General$4,320ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,542TotalAmt
Management And General$3,542ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,821TotalAmt
Management And General$4,821ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$45TotalAmt
Management And General$45ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$969TotalAmt
Management And General$969ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBAD DEBT EXPENSEDesc
Total$10,000TotalAmt
Program Services$0ProgramServicesAmt
Management And General$10,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$173,433TotalAmt
Program Services$134,279ProgramServicesAmt
Management And General$39,154ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$427,872BOYAmt
EOY$556,291EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,004BOYAmt
EOY$5,006EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,800BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$32,175BOYAmt
EOY$32,175EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$681EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$742BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$496,593BOYAmt
EOY$594,153EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$188,080BOYAmt
EOY$214,207EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$74,000BOYAmt
EOY$74,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$262,080BOYAmt
EOY$288,207EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$234,513BOYAmt
EOY$305,946EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$234,513BOYAmt
EOY$305,946EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$496,593BOYAmt
EOY$594,153EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$71,433ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$614,397CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$777,560CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,016,455CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,130,257CurrentTaxYearMinus1YearAmt
Current Tax Year$248,989CurrentTaxYearAmt
Total$3,787,658TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$180,447CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$206,390CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$482,643CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$183,464CurrentTaxYearMinus1YearAmt
Current Tax Year$52,773CurrentTaxYearAmt
Total$1,105,717TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$794,844CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$983,950CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,499,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,313,721CurrentTaxYearMinus1YearAmt
Current Tax Year$301,762CurrentTaxYearAmt
Total$4,893,375TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$247,548CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$168,924CurrentTaxYearMinus1YearAmt
Current Tax Year$25,000CurrentTaxYearAmt
Total$501,972TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$247,548CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$168,924CurrentTaxYearMinus1YearAmt
Current Tax Year$25,000CurrentTaxYearAmt
Total$501,972TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,391,403PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$834CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,388CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,812CurrentTaxYearMinus1YearAmt
Current Tax Year$101CurrentTaxYearAmt
Total$6,338TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$834CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,388CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,812CurrentTaxYearMinus1YearAmt
Current Tax Year$101CurrentTaxYearAmt
Total$6,338TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,774CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$20,774TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$795,678CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$985,338CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,522,075CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,315,533CurrentTaxYearMinus1YearAmt
Current Tax Year$301,863CurrentTaxYearAmt
Total$4,920,487TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.89247PublicSupportCY509Pct
Public Support PY5090.89610PublicSupportPY509Pct
Investment Income CY0.00129InvestmentIncomeCYPct
Investment Income PY0.00132InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Licensed StatesNCLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AuctionsEvent1Nm
Gross Receipts Event1$96,061GrossReceiptsEvent1Amt
Charitable Contri Event1$72,046CharitableContriEvent1Amt
Gross Revenue Event1$24,015GrossRevenueEvent1Amt
Non Cash Prizes Event1$22,901NonCashPrizesEvent1Amt
Event2Mystery ItemsEvent2Nm
Gross Receipts Event2$18,645GrossReceiptsEvent2Amt
Charitable Contri Event2$12,425CharitableContriEvent2Amt
Gross Revenue Event2$6,220GrossRevenueEvent2Amt
Other Direct Expenses Event2$6,218OtherDirectExpensesEvent2Amt
Other Events Total5OtherEventsTotalCnt
Gross Receipts Other Events$90,219GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$72,106CharitableContriOtherEventsAmt
Gross Revenue Other Events$18,113GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$25,018OthDirectExpnssOtherEventsAmt
Gross Receipts Total$204,925GrossReceiptsTotalAmt
Charitable Contributions Tot$156,577CharitableContributionsTotAmt
Gross Revenue Total Events$48,348GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$22,901NonCashPrizesTotalEventsAmt
Oth Direct Expnss Total Events$31,236OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$54,137DirectExpenseSummaryEventsAmt
Net Income Summary-$5,789NetIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedNCStatesWhereGamingConductedCd
Explanation If NoNOT-FOR-PROFIT.ExplanationIfNoTxt

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line11400 Edwards Mill RdAddressLine1Txt
CityRaleighCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27607ZIPCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
The Green Chair Project
1853 Capital BoulevardRaleighNC27604272323103501(c)(3)$50,000SUPPORT
Inter-Faith Food Shuttle
1001 Blair Drive Ste 120RaleighNC27603561753180501(c)(3)$50,000SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTO QUALIFY FOR RECEIPT OF GRANTS, THE ORGANIZATION MUST BE A 501(C)(3) ORGANIZATION WHICH SERVES THE CHILDREN OF NORTH CAROLINA IN ONE OF THREE MAJOR AREAS - HEALTH, EDUCATION, OR INNER-CITY DEVELOPMENT. THERE ARE TWO GRANT CYCLES THROUGHOUT THE YEAR - ONE IN THE FALL, AND ONE IN THE SPRING. THE BOARD MEETS TO DETERMINE WHICH OF THE APPLYING ORGANIZATIONS DESERVES FUNDING. AT LEAST ONE HALF OF THE BOARD MUST AGREE TO PROVIDE FUNDING. DONATIONS TO INDIVIDUALS ARE GIVEN AT THE DISCRETION OF THE EXECUTIVE DIRECTOR (OR DELEGEE) AND ARE LIMITED TO IN-KIND ITEMS - SUCH AS TICKETS, FOOD & BEVERAGE, AND/OR MEMORABILIA. IN-KIND DONATIONS ARE GIVEN TO ELIGIBLE RECIPIENTS THAT ALIGN WITH THE MISSION OF THE CAROLINA HURRICANES FOUNDATION INCLUDING UNDERSERVED POPULATIONS AND/OR INDIVIDUALS THAT POSITIVELY IMPACT CHILDREN'S HEALTH AND EDUCATION WITHIN THE LOCAL COMMUNITY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VI, SECTION A, LINE 4:Pursuant to Section 5.01 of Internal Revenue Service Revenue Procedure 2018-15 ("Rev. Proc. 2018-15"), the Carolina Hurricanes Foundation has undergone reincorporation and the resulting entity is a North Carolina nonprofit corporation now named the Carolina Hurricanes Foundation ("CHF NC"). In accordance with Rev. Proc. 2018-15: (i) CHF NC is deemed to be the reincorporated form of the Carolina Hurricanes Foundation, which was initially a Connecticut nonprofit corporation, but as described above has reincorporated; (ii) CHF NC operates under the Employer Identification Number ("EIN") originally obtained and thereafter used by the Carolina Hurricanes Foundation; and (iii) CHF NC operates under the determination letter issued to the Carolina Hurricanes Foundation recognizing the Carolina Hurricanes Foundation as a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code. In addition CHF NC, as the reincorporated form of the Carolina Hurricanes Foundation, is a domestic business entity, a corporation (under Treasury Regulation 301.7701-2(b)(1)), and carries out the same purposes as Carolina Hurricanes Foundation.
PART VI, SECTION B, LINE 11B:THE ACCOUNTING DEPARTMENT REVIEWS THE GENERAL LEDGER FOR ACCURACY AND DISCUSSES WITH THE FOUNDATION'S EXECUTIVE DIRECTOR. ONCE COMPLETED, THE FINANCIALS ARE FORWARDED TO A TAX FIRM FOR THE PREPARATION OF FORM 990. UPON RECEIPT OF THE FORM 990 BY THE FOUNDATION, THE ACCOUNTING DEPARTMENT AND THE FOUNDATION'S EXECUTIVE DIRECTOR REVIEW FOR AGREEMENT. AFTER THE RETURN IS FILED WITH THE IRS, THE BOARD IS PROVIDED A FULL COPY OF THE 990 AT THEIR ANNUAL MEETING.
PART VI, SECTION B, LINE 12C:IF A BOARD MEMBER SITS ON THE BOARD FOR A NON-PROFIT GROUP APPLYING FOR A GRANT, THAT PERSON IS NOT ALLOWED TO VOTE AND DOES NOTE HAVE A VOICE DURING THOSE DISCUSSIONS.
PART VI, SECTION B, LINE 15:THE FOUNDATION DOES NOT COMPENSATE ANY OFFICER OR EMPLOYEES.
PART VI, SECTION C, LINE 19:GOVERNING DOCUMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES. CAROLINA HURRICANES FOUNDATION WILL PROVIDE DOCUMENTS OPEN TO PUBLIC INSPECTION UPON REQUEST.

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