EXODUS FOUNDATION ORG: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
EXODUS FOUNDATION ORG (EIN 56-2163753)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-12-09
IRS object ID
201603449349100000
Schema version
2015v2.1
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)
Return2016-12-09T05:43:21-00:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Cobb PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17427 Matthews Mint Hill Rd Ste 105-AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28227ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562163753EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Exodus FoundationorgBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEXODBusinessNameControlTxt
Phone7049479090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Suite 200-222AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMadeline McClenney SadlerPersonNm
Person TitlePresidentPersonTitleTxt
Signature2016-12-09SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ Kevin CobbPreparerPersonNm
Phone7045780771PhoneNum
Preparation2016-12-09PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$37,149FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$136,665ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$136,665TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$10,353CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$10,353CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$38,158OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$38,158OthEmplSlrsWgsDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$12,290OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$12,290OtherProfFeesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$12,444TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$12,444TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$11,673PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$11,673PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$47,665OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$47,665OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$132,583TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$132,583TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$960ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$960ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$133,543TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$133,543TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,122ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$18,416CashBOYAmt
Cash EOY$24,969CashEOYAmt
Cash EOYFMV$24,969CashEOYFMVAmt
Acct Rcvbl$3,510AcctRcvblAmt
Acct Rcvbl BOY$4,852AcctRcvblBOYAmt
Acct Rcvbl EOY$3,510AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$3,510AcctRcvblEOYFMVAmt
Pledges Rcvbl$10,415PledgesRcvblAmt
Pledges Rcvbl BOY$15,545PledgesRcvblBOYAmt
Pledges Rcvbl EOY$10,415PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$8,670PledgesRcvblEOYFMVAmt
Total Assets BOY$38,813TotalAssetsBOYAmt
Total Assets EOY$38,894TotalAssetsEOYAmt
Total Assets EOYFMV$37,149TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$684CapitalStockBOYAmt
Capital Stock EOY$684CapitalStockEOYAmt
Retained Earning BOY$38,129RetainedEarningBOYAmt
Retained Earning EOY$38,210RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$38,813TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$38,894TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$38,813TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$38,894TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$38,813TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,122ExcessRevenueOverExpensesAmt
Subtotal$41,935SubtotalAmt
Other Decreases$3,041OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$38,894TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Adjusted Qlfy Distri Yr1$111,164AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$12,479NetVlNoncharitableAssetsYr1Amt
Distribution Yr1008.908086DistributionYr1Rt
Total Distribution008.908086TotalDistributionRt
Average Distribution008.908086AverageDistributionRt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2002-04-02RulingLetterDt
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressExodusFoundation.orgWebsiteAddressTxt
Individual With BooksRev Dr Madeline McClenney-SadlerIndividualWithBooksNm
Phone7049479090PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Suite 200-222AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Madeline McClenney Sadler
13016 Eastfield RoadHuntervilleNC28078CEO060.00$10,353
Myra Byarm
3718 Bullard StreetCharlotteNC28208Board005.00$0
Cornell Roane
PO Box 30812RichmondVA23231Board005.00$0
Krystal Williams
1805 7th Street NWWashingtonDC20001Board005.00$0
Freddie Sherrill
2501 Oxford PlaceCharlotteNC28207Board010.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Individual & group mentoring, Quarterly welcome back celebrations, Quarterly Prison/Reentry Leader and Advocate Forums, Monthly Career Networking groupsDescription1Txt
Expenses1$106,840Expenses1Amt
Description2Restoration, Redemption and Reentry Conference (Over 700 registered for this annual event) Conference includes Speckers, Forms, Workshops to mentor the formerly incarcerated.Description2Txt
Expenses2$26,706Expenses2Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,832AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$16,832TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$16,832AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$252CashDeemedCharitableAmt
Net Vl Noncharitable Assets$16,580NetVlNoncharitableAssetsAmt
Minimum Investment Return$829MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$829MinimumInvestmentReturnAmt
Distributable Before Adj$829DistributableBeforeAdjAmt
Distributable Before Ded$829DistributableBeforeDedAmt
Distributable As Adjusted$829DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$133,543ExpensesAndContributionsAmt
Qualifying Distributions$133,543QualifyingDistributionsAmt
Adjusted Qualifying Distri$133,543AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$829DistributableAsAdjustedAmt
Qualifying Distributions$133,543QualifyingDistributionsAmt
Applied To Current Year$829AppliedToCurrentYearAmt
Remaining Distri From Corpus$132,714RemainingDistriFromCorpusAmt
Total Corpus$132,714TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$132,714ExcessDistriCyovToNextYrAmt
Excess From Current Year$132,714ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$133,543CurrentYearAmt
Year1$111,164Year1Amt
Year2$36,213Year2Amt
Year3$38,186Year3Amt
Total$319,106TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$133,543CurrentYearAmt
Year1$111,164Year1Amt
Year2$36,213Year2Amt
Year3$38,186Year3Amt
Total$319,106TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$553CurrentYearAmt
Year1$416Year1Amt
Total$969TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMadeline McClenney-SadlerRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line113016 Eastfield Road Ste 200-222AddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7049479090RecipientPhoneNum
Recipient Email Addressexodusexodusfoundation.orgRecipientEmailAddressTxt
Form And Info And MaterialsSubmit Nomination Form along with letter of recommendation letter and an application will be sent to youFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsNoneRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Terrell Nelson
10130 Mallard CreekCharlotteNC28262Scholarship$600
Bondel Cook
10130 Mallard CreekCharlotteNC28262Scholarship$160
Misha Hill
10130 Mallard CreekCharlotteNC28262Scholarship$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$960TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp (4 entries)

DescDescExclusionExclusionCdRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
Contractural Consulting01$2,000
Restoration Conference03$11,804
2014 Pledge Contributions03$98,860
Grants From Priviate Foundation03$24,000

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$1RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$136,665RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$136,665TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (5 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1aThis activity helped by providing additional funds to continue our mentor mentee programs.
1bOur restoration conference is an annual event that helps our mentees with re-entry back into everyday life.
1bThe conference has speakers on varous topics, Forms for Mentees, and supports our overall mission for Exodus Foudation
1cPledges help by providing funding to continue our mentor mentee program
1dGrant Funding helps support our cause for helping the formerly incarcerated through the mentor program.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
City of Charlotte
1600 E Fourth StreetCharlotteNC28202$8,000Yes (X)
Z Smith Reynolds
210130 Mallard CreekCharlotteNC28262$10,000Yes (X)
Wells Fargo Bank
3301 S Tryon StreetCharlotteNC28282$12,000Yes (X)
M McClenney-Sadler
45902 Marshbank LaneCharlotteNC28269$44,200Yes (X)

General Explanation Attachment GeneralExplanationAttachment

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPrior Period adjustment correction of expensesDesc
Amt$3,041Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Charges$474$474
Care Recipient Support$538$538
Marketing Advertising$293$293
Meetings$2,446$2,446
Advocacy$2,621$2,621
Office Expenses$3,515$3,515
Gifts Benevolence$1,911$1,911
Technology Expenses$1,287$1,287
Licenses Permits$225$225
Board Staff Meetings$822$822
Mentoring and Training$1,543$1,543
Postage Delivery$649$649
Non collectable accounts$2,605$2,605
Telephone$2,030$2,030
Restoration, Redemption, Reentry Conference$26,706$26,706

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Human Resources$180$180
Fundraising$49$49
Public Relations$650$650
Program Evaluator$7,575$7,575
Grant Writer$3,836$3,836

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonM McClenney-SadlerPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15902 Marshbank LaneAddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28269ZIPCd

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