2020-11-10T13:50:46-06:00 2019-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2019-01-01 560990900 NORTH CAROLINA ZOOLOGICAL SOCIETY INC NORT 3368797250 4403 ZOO PARKWAY ASHEBORO NC 27205 CHERYL ARMSTRONG EXECUTIVE DIRECTOR 3368797250 2020-11-09 1 JOHN M ROBINSON P01281319 3362944494 2020-11-06 12.198.32.162 2020-11-09 09:29:21 ES P 7C59F883FEFF7376DFB2E95D04C9DD269D121AB0 C34DF4ED0C37F6E1C6402238D304984DA72664B2 2019 2021-01-29 14:40:06Z CHERYL ARMSTRONG 4403 ZOO PARKWAY ASHEBORO NC 27205 15686095 0 X WWW.NCZOO.COM X 1968 NC THE MISSION OF THE NC ZOO SOCIETY IS TO CHAMPION OUR ZOO AND ITS INITIATIVES, WILDLIFE AND WILD PLACES, WITH AN EMPHASIS ON THE FUTURE. THE NC ZOO SOCIETY IS YOUR BRIDGE TO MORE THAN A ZOO VISIT. WE MAKE YOU A PARTNER IN THE ZOO'S GLOBAL EFFORTS TO SUPPORT ANIMAL WELL-BEING, CONSERVATION, EDUCATION, FIELD WORK, RESEARCH, AND WE WELCOME YOU INTO A FAMILY THAT CARES ABOUT NATURE. 9 8 67 64 0 0 5173084 9034388 0 0 547957 549626 1282878 1444426 7003919 11028440 0 0 0 0 1107006 1141377 0 54096 407013 4545687 5289723 5652693 6485196 1351226 4543244 24691632 31817134 4129886 5629527 20561746 26187607 TO CHAMPION OUR ZOO AND ITS INITIATIVES, WILDLIFE AND WILD PLACES, WITH AN EMPHASIS ON THE FUTURE. 0 0 4543705 1359460 PROVIDE FINANCIAL AND PROMOTIONAL SUPPORT TO THE NC ZOOLOGICAL PARK AND ITS CAPITAL PROJECTS, OPERATIONS AND PROGRAM INITIATIVES - WITH A PRIORITY FOCUS ON FIELD RESEARCH, WILDLIFE CONSERVATION, SCIENCE AND WELFARE. THE SOCIETY HAS PROVIDED FUNDS FOR SPECIFIC CONSERVATION AND RESEARCH PROJECTS WORKING WITH ELEPHANTS, VULTURES AND GORILLAS IN AFRICA, RAISED FOR CAPITAL PROJECTS, ANIMAL AND HORTICULTURE PURCHASES, MARKETING, STAFFING, TRAINING, AND OPERATIONS OF A WILDLIFE REHABILITATION CENTER, A WILDLIFE LEARNING/RESIDENTIAL CENTER, AN EDUCATION WEBSITE AND OTHER PARK NEEDS. 1236673 MEMBERSHIP SERVICES (INCLUDING INFORMATION AND REFERRAL, EDUCATION, MEMBER BENEFIT AND IDENTIFCATION ADMINISTRATION, RECORD-KEEPING AND SPECIAL EVENTS) EXTEND TO OVER 31,000 MEMBER HOUSEHOLDS AND THE EMPLOYEES OF 208 BUSINESSES ENROLLED IN THE CORPORATE MEMBER PROGRAM, AS WELL AS ALL OF THE PEOPLE AROUND THE WORLD WHO BENEFIT FROM THE PROTECTION THE SOCIETY'S PROGRAM EXTENDS TO THE NATURAL RESOURCES THEY DEPEND ON FOR SURVIVAL. 49415 THROUGH ITS SUPPORT OF ZOO EDUCATION PROGRAMS, THE SOCIETY SERVES MORE THAN 917,000 VISITORS AND OVER 31,000 MEMBER HOUSEHOLDS (INCLUDING APPROXIMATELY 79,600 N.C. SCHOOL CHILDREN). THROUGH FIELD RESEARCH AND VETERINARIAN OVERNIGHT CAMPS FOR A WIDE RANGE OF AGES, SHADOW A VET PROGRAM, EDUCATIONAL AND FAMILY-FRIENDLY BEHIND THE SCENES TOURS FOR CHILDREN AND ADULTS WHO COME TO THE PARK EACH YEAR TO LEARN ABOUT WILDLIFE AND THE ENVIRONMENT. 5829793 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 45 0 1 67 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X ANDREA KING 3368797254 4403 ZOO PARKWAY ASHEBORO NC 27205 MICHAEL J FISHER CHAIR 3.20 X X 0 0 0 JOHN L RUFFIN TREASURER 3.10 X X 0 0 0 MARGERY J SPRINGER SECRETARY 0.30 X X 0 0 0 NICOLE A CRAWFORD DIRECTOR 2.70 X 0 0 0 WILLIAM E CURRENS JR DIRECTOR 0.50 X 0 0 0 SCOTT D JONES DIRECTOR 0.30 X 0 0 0 DAVID K ROBB DIRECTOR 0.40 X 0 0 0 BARRY C SAFRIT DIRECTOR 0.60 X 0 0 0 SCOTT E REED DIRECTOR 0.30 X 0 0 0 KENT A VARNER DIRECTOR 0.30 X 0 0 0 DON F WELLINGTON DIRECTOR 0.10 X 0 0 0 MAJORIE M RANKIN DIRECTOR 0.30 X 0 0 0 RICHARD W CARROLL DIRECTOR 0.10 X 0 0 0 SUMNER S FINCH DIRECTOR 0.20 X 0 0 0 CHARLES M WINSTON JR DIRECTOR 0.20 X 0 0 0 CHERYL ARMSTRONG EXECUTIVE DIRECTOR 40.00 X X 154265 0 22721 ANDREA KING FINANCE DIRECTOR 40.00 X 79065 0 13249 233330 0 35970 1 0 1 0 GANN GRADING 3849 WOODFERN RD ASHEBORO NC 27203 GRADING AND CONSTRUCTION 113486 1 2675190 66020 6293178 185176 9034388 503603 503603 2857465 2811442 46023 46023 46023 180470 66020 95504 84966 84966 3110169 1750709 1359460 1359460 11028440 1359460 0 634592 269299 189972 31480 47847 636032 446555 76455 113022 80536 60117 5980 14439 90089 69841 3948 16300 65421 46241 7599 11581 67796 62449 5347 54096 54096 90078 90078 27655 27655 129564 109173 9841 10550 95908 73714 6427 15767 11007 7015 1155 2837 4393 689 3412 292 33583 26591 2335 4657 25133 17803 1396 5934 ZOO OPERATING EXPENSES 4543705 4543705 NEW MEMBER SOLICITATION 76737 44255 32482 SPECIAL PROJECTS EXPENS 45710 43059 2651 DONOR CULIVATION 40382 1678 38704 98072 59281 2937 35854 6485196 5829793 248390 407013 666099 3276811 1202953 2462211 1006748 1692749 27847 23474 308341 262407 49164 85002 4861910 976083 3929601 3885827 16493117 19183737 87709 98478 920053 846438 24691632 31817134 424496 492894 1991984 905555 838346 2013248 1534455 786587 771848 4129886 5629527 X 12589342 16571148 7972404 9616459 20561746 26187607 24691632 31817134 X 4543244 2593084 -1631406 120939 X 0 1 X 1 0 X 4693460 5044390 4563435 5173084 9034388 28508757 59312 59312 64880 64880 64880 313264 4752772 5103702 4628315 5237964 9099268 28822021 4237597 24584424 377736 301920 535153 511724 503603 2230136 7241 7279 101287 84966 200773 31252930 13547025 0.78660 0.83300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61000 61000 6424196 6485196 474260 118565 0 0 490358 428282 427440 474260 1820340 2730510 44167 61030 61000 61000 227197 122590 107071 106860 118565 455086 682629 5000 X SOCIETY'S MAIN OFFICE AT YE 0 0 1 X 3984281 0 1825424 46195 5763510 4104474 249998 -362115 8076 3984281 3575376 27501 508538 6941 4104474 2262540 1150744 170362 8270 3575376 2057734 265454 -59000 1648 2262540 0.12530 0.52160 0.35310 0 0 2876251 2876251 1355733 535949 819784 120903 67647 53256 304086 241935 62151 204937 130552 74385 3885827 LIABILITY UNDER UNITRUST AGREEMENT 771848 771848 X 13855555 2593084 107665 216444 2917193 10938362 90078 90078 11028440 6598288 107665 95505 203170 6395118 90078 90078 6485196 PART III, LINE 4: THE ART COLLECTION CONSISTS OF TWO PRINTS THAT ARE CURRENTLY DISPLAYED IN THE SOCIETY'S OFFICE. PART IV, LINE 2B: THE SOCIETY AND SYLVAN HEIGHTS HAVE AN ONGOING AGENCY RELATIONSHIP. CONTRIBUTIONS AND OTHER SUPPORT THAT HAVE BEEN RECEIVED BY THE SOCIETY BUT NOT REMITTED TO SYLVAN HEIGHTS ARE MEASURED AT PRESENT VALUE AND ARE REPORTED AS LIABILITIES IN THE FINANCIAL STATEMENTS. THE PORTION OF THE ACCOUNT DESIGNATED AS "BENEFICIAL INTEREST IN CHARITABLE LEAD TRUST" REPRESENTS THE PRESENT VALUE OF EXPECTED FUTURE CASH INFLOWS RECEIVED BY THE SOCIETY ON BEHALF OF SYLVAN HEIGHTS. THE SOCIETY RECOGNIZES THE PRESENT VALUE OF THE EXPECTED FUTURE CASH INFLOWS AND OFFSETTING LIABILITY UNTIL THE TRUST ASSETS ARE DISTRIBUTED. PART V, LINE 4: THE ENDOWMENT FUNDS ARE FOR THE BENEFIT OF THE ANIMALS AND/OR TO SUPPORT THE CONSERVATION PROGRAMS OF THE NC ZOOLOGICAL PARK. PART X, LINE 2: THE SOCIETY EVALUATES ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2019 AND 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSESS INCLUDED NET OF REVENUE ON 990 95,505. CHANGE IN VALUE OF UNITRUST 120,939. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED NET OF REVENUE ON 990 95,505. X X X X 1 CAPITAL DEVELOPMENT SERVICES INC 915 WEST FOURTH STREET SUITE 100 WINSTONSALEM NC 27101 CAPITAL CAMPAIGN CONSULTING 0 0 54096 0 54096 NC VA ZOO TO DO 246490 66020 180470 1000 29486 25833 27919 11266 246490 66020 180470 1000 29486 25833 27919 11266 95504 84966 SCHEDULE G, PART I, LINE 2B, COLUMN (V) CAPITAL CAMPAIGN CONSULTING X X X X 0 0 0 0 0 0 0 0 0 CHERYL ARMSTRONG EXECUTIVE DIRECTOR 154265 0 0 0 0 0 10833 0 11888 0 176986 0 0 0 CHERYL ARMSTRONG RELATED TO DIRECTOR DON WELLINGTON 176882 EMPLOYEE COMPENSATION 0 X 6 150675 FAIR MARKET VALUE X 5 5608 FAIR MARKET VALUE X SUPPLIES 14 28893 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 DON WELLINGTON AND CHERYL ARMSTRONG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR INDIVIDUAL REVIEW. IT IS REVIEWED IN DEPTH BY THE BOARD CHAIR AND FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C SOCIETY STAFF MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY AS THEY BECOME AN EMPLOYEE. BOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY AS THEY BECOME A MEMBER. IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE DIRECTOR OR EMPLOYEE MUST DISCLOSE THE POTENTIAL CONFLICT. THE DIRECTOR OR EMPLOYEE SHALL NOT VOTE ON NOR PARTICIPATE IN ANY ACTIVITIES WHEN HE OR SHE STANDS TO BENEFIT. FAILING TO COMPLY COULD LEAD TO DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT OR DIRECTORSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD'S COMPENSATION/PERSONNEL COMMITTEE. THE COMPENSATION COMMITTEE WILL CONDUCT AN ANNUAL REVIEW USING COMPARABILITY DATA (FROM IRS FORMS 990 OF OTHER ORGANIZATIONS) AND FROM COMPENSATION STUDIES TO DETERMINE AND APPROVE THE EXECUTIVE DIRECTOR'S SALARY. DISCUSSIONS WILL BE DOCUMENTED IN THE PERSONNEL MINUTES. THE DATA UPON WHICH THE DECISION WAS MADE WILL BE KEPT IN A PERMANENT RECORD. THE COMPENSATION/PERSONNEL COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S RECOMMENDATIONS FOR THE COMPENSATION FOR THE VARIOUS DEPARTMENTS WITHIN THE ZOO SOCIETY. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY WILL MAKE ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE 990S AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE SOCIETY'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF UNITRUST 120,939. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS: IN MAY 2014, THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS UPDATE ("ASU") NO. 2014-09, REVENUE FROM CONTRACTS WITH CUSTOMERS (TOPIC 606). THE ASU AND ALL SUBSEQUENTLY ISSUED CLARIFYING ASUS REPLACED MOST EXISTING REVENUE RECOGNITION GUIDANCE IN U.S. GAAP. THE ASU ALSO REQUIRED EXPANDED DISCLOSURES RELATING TO THE NATURE, AMOUNT, TIMING, AND UNCERTAINTY OF REVENUE AND CASH FLOWS ARISING FROM CONTRACTS WITH CUSTOMERS. THE SOCIETY ADOPTED THE NEW STANDARD EFFECTIVE JANUARY 1, 2019, THE FIRST DAY OF THE SOCIETY'S FISCAL YEAR USING THE FULL RETROSPECTIVE APPROACH. THE ADOPTION RESULTED IN A DECREASE IN BEGINNING NET ASSETS OF $1,631,406. THE ADJUSTMENT RELATES TO THE DEFERRAL OF MEMBERSHIP SALES, WHICH ARE NOW RECOGNIZED OVER THE PERIOD OF THE MEMBERSHIP INSTEAD OF WHEN PURCHASED. SUBSEQUENT EVENT THE SOCIETY ON APRIL 23, 2020 APPLIED FOR AND RECEIVED A PAYCHECK PROTECTION PROGRAM LOAN FROM THE SMALL BUSINESS ADMINISTRATION VIA BB&T NOW TRUIST IN THE AMOUNT OF $266,600.