CREATE FOUNDATION INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CREATE FOUNDATION INC (EIN 23-7248582)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-03
- IRS object ID
- 201621249349300512
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-03T08:01:19-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640760834 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAIL MCKINNEY PROFESSIONAL ASSOCIATION | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 150 805 HWY 348 | AddressLine1Txt |
| City | NEW ALBANY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38652 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237248582 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CREA | BusinessNameControlTxt |
| Phone | 6628448989 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1053 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL K CLAYBORNE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6628448989 | PhoneNum |
| Signature | 2016-04-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES PEGUES CPA | PreparerPersonNm |
| PTIN | P00101024 | PTIN |
| Phone | 6625347681 | PhoneNum |
| Preparation | 2016-04-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL K CLAYBORNE | PrincipalOfficerNm |
| Gross Receipts | $14,661,446 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | CREATEFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,093,982 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,504,728 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,919 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,208 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,815,413 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,029,078 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$16,515 | PYOtherRevenueAmt |
| CY Other Revenue | -$87,595 | CYOtherRevenueAmt |
| PY Total Revenue | $16,915,799 | PYTotalRevenueAmt |
| CY Total Revenue | $14,478,419 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,774,338 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,461,969 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $736,074 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $698,078 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $244,480 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $825,904 | PYOtherExpensesAmt |
| CY Other Expenses | $860,637 | CYOtherExpensesAmt |
| PY Total Expenses | $8,336,316 | PYTotalExpensesAmt |
| CY Total Expenses | $8,020,684 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,579,483 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,457,735 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $85,772,819 | TotalAssetsBOYAmt |
| Total Assets EOY | $89,719,808 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $85,772,819 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $89,719,808 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,255,693 | ExpenseAmt |
| Grant | $6,461,969 | GrantAmt |
| Revenue | $32,208 | RevenueAmt |
| Desc | CONTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHARITABLE GIVING. THE ORGANIZATION ALSO OPERATES AS A FISCAL AGENT FOR A NUMBER OF CHARITABLE PROJECTS AS WELL AS BUILDING PERMANENT COMMUNITY ENDOWMENTS, ENCOURAGING PHILANTHROPY AND MANAGING CHARITABLE FUNDS CONTRIBUTED BY INDIVIDUALS, FAMILIES, ORGANIZATIONS, AND CORPORATIONS, SERVES TO STRENTHEN REGIONAL COMMUNITY DEVELOPMENT CAPACITY, AND PROVIDES LEADERSHIP ON KEY COMMUNITY ISSUES. | Desc |
| Total Program Service Expenses | $7,255,693 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 83 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6628448989 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1053 | AddressLine1Txt |
| Address Line2 | 213 WEST MAIN ST | AddressLine2Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| CLAY FOSTER | |||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $215,310 | $0 | |
| BO COLLINS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG PIRKLE | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ORMELLA CUMMINGS | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS ROBIN MCCORMICK | |||||||
| VICE CHAIRMA | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR HASSELL H FRANKLIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHY ROBERTSON | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN CREEKMORE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR GLORIA KELLUM | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR BOBBY P MARTIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BECKY ROLLINS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BUDDY R MONTGOMERY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR AUBREY PATTERSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SHAW | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONNY ROWLAND | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DAVID P RUMBARGER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR TOMMY TOMLINSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR EDDIE PRATHER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| OCTAVIOUS IVY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOBBY HARPER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GRACE CLARK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY KIRK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDY LONG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SEAN SUGGS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MITCH WAYCASTER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRYAN WILSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HL SANDY WILLIAMS JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL K CLAYBORNE | |||||||
| PRESIDENT | 40.00 | $195,591 | $0 | $18,222 | Yes (X) | ||
| LEWIS WHITFIELD | |||||||
| SENIOR V.P. | 40.00 | $126,757 | $0 | $12,150 | Yes (X) | ||
| C JUANITA FLOYD | |||||||
| V.P. OF FINA | 40.00 | $81,605 | $0 | $7,616 | Yes (X) | ||
| BEVERLY WILLIAMS | |||||||
| DIRECTOR OF | 40.00 | $35,497 | $0 | $3,377 | Yes (X) | ||
| KATIE STUART | |||||||
| DIRECTOR OF | 40.00 | $20,601 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $460,051 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $215,310 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $41,365 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MR CHUCK E GARRETT | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1303 SOUTH CENTRAL | AddressLine1Txt |
| City | NEW ALBANY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38652 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | WELLSPRING CONS | ServicesDesc |
| Compensation | $135,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $2,025,360 | RelatedOrganizationsAmt |
| Government Grants | $28,423 | GovernmentGrantsAmt |
| All Other Contributions | $10,450,945 | AllOtherContributionsAmt |
| Noncash Contributions | $677,880 | NoncashContributionsAmt |
| Total Contributions | $12,504,728 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Total Revenue Column | $32,208 | TotalRevenueColumnAmt |
| Exclusion | $32,208 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,208 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,029,078 | TotalRevenueColumnAmt |
| Exclusion | $2,029,078 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $95,432 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $183,027 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$87,595 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$87,595 | TotalRevenueColumnAmt |
| Exclusion | -$87,595 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,478,419 | TotalRevenueColumnAmt |
| Exclusion | $1,973,691 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,197,689 | TotalAmt |
| Program Services | $6,197,689 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,280 | TotalAmt |
| Program Services | $264,280 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,053 | TotalAmt |
| Program Services | $216,458 | ProgramServicesAmt |
| Management And General | $178,376 | ManagementAndGeneralAmt |
| Fundraising | $65,219 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,028 | TotalAmt |
| Program Services | $37,871 | ProgramServicesAmt |
| Management And General | $36,877 | ManagementAndGeneralAmt |
| Fundraising | $21,280 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,764 | TotalAmt |
| Program Services | $28,718 | ProgramServicesAmt |
| Management And General | $12,160 | ManagementAndGeneralAmt |
| Fundraising | $4,886 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,969 | TotalAmt |
| Program Services | $34,979 | ProgramServicesAmt |
| Management And General | $16,400 | ManagementAndGeneralAmt |
| Fundraising | $6,590 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,264 | TotalAmt |
| Program Services | $24,096 | ProgramServicesAmt |
| Management And General | $10,107 | ManagementAndGeneralAmt |
| Fundraising | $4,061 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,500 | TotalAmt |
| Management And General | $12,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,950 | TotalAmt |
| Management And General | $125,950 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,211 | TotalAmt |
| Program Services | $32,487 | ProgramServicesAmt |
| Management And General | $12,643 | ManagementAndGeneralAmt |
| Fundraising | $5,081 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,326 | TotalAmt |
| Management And General | $24,326 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,458 | TotalAmt |
| Program Services | $1,738 | ProgramServicesAmt |
| Management And General | $41,129 | ManagementAndGeneralAmt |
| Fundraising | $591 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,688 | TotalAmt |
| Program Services | $13,848 | ProgramServicesAmt |
| Management And General | $7,019 | ManagementAndGeneralAmt |
| Fundraising | $2,821 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,170 | TotalAmt |
| Program Services | $17,960 | ProgramServicesAmt |
| Management And General | $7,210 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,566 | TotalAmt |
| Management And General | $14,566 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,707 | TotalAmt |
| Program Services | $7,295 | ProgramServicesAmt |
| Management And General | $8,342 | ManagementAndGeneralAmt |
| Fundraising | $102,070 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACTUAL SERVICES | $363,474 | $362,118 | $967 | $389 |
| DIRECT FUNDRAISING COSTS | $26,895 | $26,895 | ||
| DUES AND SUBSCRIPTIONS | $16,642 | $7,611 | $6,442 | $2,589 |
| TELEPHONE | $7,785 | $3,561 | $3,013 | $1,211 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,265 | TotalAmt |
| Program Services | $4,984 | ProgramServicesAmt |
| Management And General | $2,484 | ManagementAndGeneralAmt |
| Fundraising | $797 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,020,684 | TotalAmt |
| Program Services | $7,255,693 | ProgramServicesAmt |
| Management And General | $520,511 | ManagementAndGeneralAmt |
| Fundraising | $244,480 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2 | BOYAmt |
| EOY | -$2 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,630,426 | BOYAmt |
| EOY | $2,494,115 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,490,290 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $627,473 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,919,923 | BOYAmt |
| EOY | $1,862,817 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,574,382 | BOYAmt |
| EOY | $60,643,712 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,309,502 | BOYAmt |
| EOY | $24,382,483 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $338,584 | BOYAmt |
| EOY | $336,683 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,772,819 | BOYAmt |
| EOY | $89,719,808 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,799,599 | BOYAmt |
| EOY | $23,668,089 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,087,242 | BOYAmt |
| EOY | $7,654,360 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,885,978 | BOYAmt |
| EOY | $58,397,359 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,772,819 | BOYAmt |
| EOY | $89,719,808 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,772,819 | BOYAmt |
| EOY | $89,719,808 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,457,735 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,345,227 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$165,519 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,068,885 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,094,245 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,194,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,093,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,504,728 | CurrentTaxYearAmt |
| Total | $29,955,926 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,068,885 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,094,245 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,194,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,093,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,504,728 | CurrentTaxYearAmt |
| Total | $29,955,926 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,615,021 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,340,905 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,396,870 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,615,154 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,405,862 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,709,274 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,853,500 | CurrentTaxYearAmt |
| Total | $7,980,660 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,377 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,919 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,208 | CurrentTaxYearAmt |
| Total | $108,126 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $38,044,712 | TotalSupportAmt |
| Public Support CY170 | 0.74490 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76250 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SUPPORTING SCHEDULE | BABY STEPS PROGRAM PRIVATE GRANT 327,709 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 BABY STEPS PROGRAM PRIVATE GRANT 304,055 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 BABY STEPS PROGRAM PRIVATE GRANT 78,530 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 GRANT TO COTESWORTH SPECIAL PROJECT FUND FOR ACQUISITION 2,000,000 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 |
| PART II, LINE 10 | OTHER INCOME 108,126 |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 250 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 20 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $1,302,081 | DonorAdvisedFundsContriAmt |
| Funds And Other Accounts Contri | $134,961 | FundsAndOtherAccountsContriAmt |
| Donor Advised Funds Grants | $1,028,599 | DonorAdvisedFundsGrantsAmt |
| Funds And Other Accounts Grants | $65,405 | FundsAndOtherAccountsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,565,728 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $2,432,314 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,920,827 | BeginningYearBalanceAmt |
| Contributions | $6,805,933 | ContributionsAmt |
| Investment Earnings Or Losses | -$728,257 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,153,043 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,413,610 | OtherExpendituresAmt |
| End Year Balance | $58,431,850 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,334,152 | BeginningYearBalanceAmt |
| Contributions | $7,289,956 | ContributionsAmt |
| Investment Earnings Or Losses | $2,551,175 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,043,875 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,043,875 | OtherExpendituresAmt |
| End Year Balance | $54,920,827 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,708,085 | BeginningYearBalanceAmt |
| Contributions | $6,146,988 | ContributionsAmt |
| Investment Earnings Or Losses | $6,431,736 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $889,674 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,062,983 | OtherExpendituresAmt |
| End Year Balance | $47,334,152 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,951,489 | BeginningYearBalanceAmt |
| Contributions | $5,614,170 | ContributionsAmt |
| Investment Earnings Or Losses | $4,163,806 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,039,352 | GrantsOrScholarshipsAmt |
| Other Expenditures | $982,028 | OtherExpendituresAmt |
| End Year Balance | $36,708,085 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,607,821 | BeginningYearBalanceAmt |
| Contributions | $5,680,887 | ContributionsAmt |
| Investment Earnings Or Losses | -$566,480 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $715,261 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,055,478 | OtherExpendituresAmt |
| End Year Balance | $28,951,489 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00060 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.99940 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $365,525 | OtherCostOrOtherBasisAmt |
| Book Value | $365,525 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,924,990 | OtherCostOrOtherBasisAmt |
| Depreciation | $449,624 | DepreciationAmt |
| Book Value | $1,475,366 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $199,775 | OtherCostOrOtherBasisAmt |
| Depreciation | $177,849 | DepreciationAmt |
| Book Value | $21,926 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,862,817 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $24,382,483 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $24,382,483 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $12,316,219 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,345,227 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $183,027 | OtherRevenueAmt |
| Revenue Not Reported | -$2,162,200 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,478,419 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $14,478,419 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,203,708 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $183,027 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $183,027 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,020,681 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,020,684 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE ORGANIZATION'S ENDOWMENT FUNDS ARE DIVIDED AMONG FIELD OF INTEREST CATEGORIES. ORGANIZATIONAL/AGENCY ENDOWMENT ARE GENERALLY FOR THE BENEFIT OF SPECIFIC PROGRAMS OR OTHER NONPROFIT ORGANIZATIONS AS SPECIFIED IN THE UNDERLYING ENDOWMENT FUND AGREEMENT. SCHOLARSHIP ENDOWMENTS ARE ESTABLISHED FOR PERPETUAL SCHOLARSHIP PROGRAMS AS SPECIFIED IN THE UNDERLYING ENDOWMENT AGREEMENT. EDUCATION ENDOWMENT FUNDS ARE MORE BROAD- BASED ENDOWMENTS TO SUPPORT LOCAL EDUCATION INITITIATIVES IN THE 17 COUNTY AREA SERVED BY THE ORGANIZATION. FIELD OF INTEREST ENDOWMENT FUNDS ARE SET ASIDE TO PROVIDE PERPETUAL FUNDING FOR SPECIFIC FIELDS OF INTEREST OF THE APPLICABLE DONOR CONSISTENT WITH THE UNDERLYING ENDOWMENT AGREEMENT. COMMUNITY ENDOWMENT FUNDS ARE ESTABLISHED TO SUPPORT PROGRAM INITITIATIVES AND GRANT AWARDS IN EACH OF THE COMMUNITIES THAT HAVE ESTABLISHED SUCH AN ENDOWMENT IN THE ORGANIZATION'S 17 COUNTY REGION. DESIGNATED ENDOWMENT FUNDS ARE GENERALLY DESIGNATED BY THE DONOR IN SUPPORT OF A SPECIFIC DESIGNEE. ENDOWMENT FUND NET ASSETS ARE GENERALLY CATEGORIZED AS PERMANENTLY RESTRICTED EVEN THOUGH THE INVESTMENT COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES A SPENDING POLICY WITH RESPECT TO ENDOWMENT FUND ASSETS. THE SPENDING POLICY CAN RESULT IN THE EXPENDITURE OF ENDOWMENT PRINCIPAL SHOULD INVESTMENT EARNINGS BE INSUFFICIENT IN ANY PARTICULAR YEAR. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 183,027 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 183,027 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | ROUNDING 2 BOOK / TAX DEPRECIATION DIFFERENCE 1 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Cash GrantCashGrantAmt |
|---|
| DONOR DIRECTED TO VARIOUS CHARITIES |
| $1,028,599 |
| DESIGNATED TO VARIOUS CHARITIES |
| $188,595 |
| DISBURSEMENTS FOR SPECIAL PROJECTS |
| $2,573,922 |
| ENDOWMENT FUND DISTRIBUTIONS |
| $472,342 |
| PROGRAM SERVICE DISBURSEMENTS |
| $1,873,231 |
| CREATE UNRESTRICTED GRANTS |
| $61,000 |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 218 | RecipientCnt |
| Cash Grant | $264,280 | CashGrantAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| CLAY FOSTER | |||||
| DIRECTOR | $215,310 | $215,310 | |||
| MICHAEL K CLAYBORNE | |||||
| PRESIDENT | $195,591 | $18,222 | $213,813 | ||
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 26 | ContributionCnt |
| Noncash Contributions Rpt F990 | $439,380 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG. PRICE @ DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $238,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED CAPITAL BALANCE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE INFORMATION RETURN WAS PROVIDED TO THE ORGANIZATION'S PRESIDENT FOR REVIEW PRIOR TO SUBMISSION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WRITTEN CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED TO THE EXECUTIVE DIRECTOR |
| FORM 990, PAGE 6, PART VI, LINE 15A | SALARY SURVEY DONE BY COUNCIL ON FOUNDATIONS AND OTHER DOCUMENTATION ARE SUBMITTED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE PRIOR TO APPROVAL OF COMPENSATION ADJUSTMENTS FOR THE PRESIDENT |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE SAME SYSTEM UTILIZED FOR THE PRESIDENT'S COMPENSATION IS UTILIZED IN DEVELOPING COMPENSATION AMOUNTS FOR EXECUTIVE AND NON-EXECUTIVE STAFF. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | CHANGE IN EQUITY OF JOURNAL, INC. -165,519 TOTAL -165,519 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Business Name Line2DisregardedEntityName/BusinessNameLine2Txt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Direct Controlling NADirectControllingNACd | EINEIN |
|---|---|---|---|---|---|---|---|---|---|---|
| OAKS ASSOCIATES LLC | ||||||||||
| OAKS ASSOCIATES LLC | PO BOX 1053 | TUPELO | MS | 38802 | RENTAL | MS | -$60,651 | $926,250 | N/A | |
| FULTON COMMUNITY VOLUNTEERS LLC | ||||||||||
| FULTON COMMUNITY VOLUNTEER LLC | PO BOX 1053 | TUPELO | MS | 38802 | RENTAL | MS | -$1,450 | $56,550 | N/A | 640789905 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Business Name Line2DisregardedEntityName/BusinessNameLine2Txt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Business Name Line2DirectControllingEntityName/BusinessNameLine2Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THE MIZE FOUNDATION | ||||||||||||
| THE MIZE FOUNDATION | PO BOX 1668 | TUPELO | MS | 38802 | 200564747 | SUPPORTING | MS | 501C3 | 11C | BOARD | BOARD OF DIRECTORS | false |
| THE PIERCE FOUNDATION | ||||||||||||
| THE BENJAMIN AND CORINNE PIERCE FOU | PO BOX 1053 | TUPELO | MS | 38802 | 311742414 | SUPPORTING | MS | 501C3 | 11C | BOARD | BOARD OF DIRECTORS | false |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RJ WILEMON LLC | BusinessNameLine1Txt |
| Business Name Line2 | RJ WILEMON LLC | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1220 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 466274038 | EIN |
| Primary Activities | RENTAL | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILEMON FO | BusinessNameLine1Txt |
| Business Name Line2 | WILEMON FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeTypeTxt |
| Share Of Total Income | $238,500 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,247,626 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | Yes (true) | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (true) | GeneralOrManagingPartnerInd |
| Ownership | 0.20000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOURNAL INC AND SUBSIDIARIES | BusinessNameLine1Txt |
| Business Name Line2 | JOURNAL INC AND SUBSIDIARIES | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 909 | AddressLine1Txt |
| Address Line2 | PO BOX 909 | AddressLine2Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640183970 | EIN |
| Primary Activities | NEWSPAPER | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOURNAL INC AND SUBSIDIARIES | BusinessNameLine1Txt |
| Business Name Line2 | JOURNAL INC AND SUBSIDIARIES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | F | TransactionTypeTxt |
| Involved | $365,000 | InvolvedAmt |
| Method Of Amount Determination | CASH DIVIDENDS RECEIVED | MethodOfAmountDeterminationTxt |
Comments