SALT BLOCK FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SALT BLOCK FOUNDATION INC (EIN 56-1348489)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-23
- IRS object ID
- 201321139349300302
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-23T08:01:20-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561753315 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOWMAN PEGG & STARR CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2383 | AddressLine1 |
| City | HICKORY | City |
| State | NC | State |
| ZIP Code | 286032383 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561348489 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SALT BLOCK FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SALT | NameControl |
| Phone | 8283244906 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 3RD AVENUE NE BOX 7 | AddressLine1 |
| City | HICKORY | City |
| State | NC | State |
| ZIP Code | 28601 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LANDON LANE | Name |
| Title | ASST TREASURER | Title |
| Phone | 8283244906 | Phone |
| Date Signed | 2013-04-22 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELANIE M STARR | Name |
| PTIN | P00011394 | PTIN |
| Phone | 8283269891 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LANDON LANE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 3RD AVENUE NE BOX 7 | AddressLine1 |
| City | HICKORY | City |
| State | NC | State |
| ZIP Code | 28601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 764057 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | THE SALT BLOCK FOUNDATION EXISTS TO PROVIDE AND SUSTAIN FACILITIES FOR ORGANIZATIONS DELIVERING EDUCATION IN NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS FOR RESIDENTS OF CATAWBA VALLEY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 492943 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 520711 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 106958 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 101845 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 139738 | InvestmentIncomePriorYear |
| Investment Income Current Year | 121251 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3935 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5770 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 743574 | TotalRevenuePriorYear |
| Total Revenue Current Year | 749577 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 33718 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 760339 | OtherExpensePriorYear |
| Other Expenses Current Year | 736524 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 760339 | TotalExpensesPriorYear |
| Total Expenses Current Year | 736524 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -16765 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 13053 | RevenuesLessExpensesCY |
| Total Assets BOY | 10603916 | TotalAssetsBOY |
| Total Assets EOY | 10238240 | TotalAssetsEOY |
| Total Liabilities BOY | 167784 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 52398 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10436132 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10185842 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE SALT BLOCK FOUNDATION EXISTS TO PROVIDE AND SUSTAIN FACILITIES FOR ORGANIZATIONS DELIVERING EDUCATION IN NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS FOR RESIDENTS OF CATAWBA VALLEY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 654383 | Expense |
| Revenue | 223096 | Revenue |
| Description | PROVIDED FACILITIES FOR USE BY VARIOUS NONPROFIT AGENCIES PROVIDING PROGRAMS IN THE NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS AT A VERY MINIMAL COST TO THE NONPROFITS. ONE OF THE AGENCIES PROVIDES EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC AND SCHOOL AGED CHILDREN. TEACHERS BRING THE STUDENTS TO OUR FACILITIES TO ALLOW FOR HANDS ON LEARNING. DURING THE YEAR ENDED JUNE 30, 2011, TOTAL OF 57,778 YOUNG STUDENTS ALONE USED OUR FACILITIES TO INCREASE KNOWLEDGE ABOUT THE NATURAL SCIENCES. A TOTAL EXCEEDING 175,000 INDIVIDUALS VISITED THIS ONE AGENCY HOUSED IN OUR FACILITIES DURING THE FISCAL YEAR. MANY OTHER INDIVIDUALS PARTCIPATED IN VARIOUS PRODUCTIONS, PLAYS AND OTHER EVENTS HELD IN OUR AUDITORIUM. OTHER AGENCIES USE OUR FACILITIES TO DISPLAY ART AND TO REHEARSE FOR VARIOUS COMMUNITY PRODUCTIONS, INCLUDING SYMPHONY AND CHORAL PRODUCTIONS. | Description |
| Total Program Service Expense | 654383 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANDON LANE ASST TREASURER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8283244906 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 3RD AVENUE NE BOX 7 | AddressLine1 |
| City | HICKORY | City |
| State | NC | State |
| ZIP Code | 28603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STEVE MULL | ||||||
| PRESIDENT | 4.50 | X | X | 0 | 0 | 0 |
| MARTY SALWEN | ||||||
| VICE PRESIDENT | 4.00 | X | X | 0 | 0 | 0 |
| STEVE THOMAS | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| LANDON LANE | ||||||
| ASST TREASURER | 3.00 | X | X | 0 | 0 | 0 |
| LAWRENCE THOMPSON | ||||||
| TREASURER | 3.00 | X | X | 0 | 0 | 0 |
| HELEN DECUZZI | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BARBARA DUGAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| BRANDON HUCKS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JEFF GNIADEK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LINDA GUTTLER | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| REBECCA HART | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MICHAEL P THOMAS | ||||||
| ASST SECRETARY | 0.50 | X | X | 0 | 0 | 0 |
| BRAD LAIL | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| HANI NASSAR | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOYCE CORBETT | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BOB SPULLER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DON COLEMAN | ||||||
| BOARD MEMBER | 0.10 | X | 0 | 0 | 0 | |
| DAVID ZAGAROLI | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| NANCY BLEDSOE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DR JOHN LEACH | ||||||
| BOARD MEMBER | 0.10 | X | 0 | 0 | 0 | |
| DON NORWOOD | ||||||
| ASST TREASURER | 7.00 | X | X | 0 | 0 | 0 |
| JAMIE TREADWAY | ||||||
| BOARD MEMBER | 0.10 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 243762 | GovernmentGrants |
| All Other Contributions | 276949 | AllOtherContributions |
| Total Contributions | 520711 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CAM CHARGES | 900099 | 86766 | 86766 |
| RENTAL OF FACILITIES | 900099 | 14759 | 14759 |
| COMMUNITY ROOM | 900099 | 320 | 320 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 101845 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 103042 | TotalRevenueColumn |
| Related Or Exempt Function Income | 103042 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23006 | Securities |
| Other | 6203 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 11000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23006 | Securities |
| Other | -4797 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18209 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18209 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 9250 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 3480 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5770 | TotalRevenueColumn |
| Exclusion | $5,770 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 749577 | TotalRevenueColumn |
| Related Or Exempt Function Income | 223096 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $5,770 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40000 | Total |
| Management And General | 40000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30157 | Total |
| Fundraising | 30157 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 370 | Total |
| Management And General | 370 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228810 | Total |
| Program Services | 228810 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| UTILITIES | 156296 | 156296 | |
| CLEANING SERVICE | 93468 | 93468 | |
| REPAIRS AND MAINTENANCE | 77883 | 77740 | 143 |
| COMMUNITY ROOM | 28502 | 28502 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81038 | Total |
| Program Services | 69567 | ProgramServices |
| Management And General | 7910 | ManagementAndGeneral |
| Fundraising | 3561 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 736524 | Total |
| Program Services | 654383 | ProgramServices |
| Management And General | 48423 | ManagementAndGeneral |
| Fundraising | 33718 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 414858 | BOY |
| EOY | 152223 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 644045 | BOY |
| EOY | 179650 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123668 | BOY |
| EOY | 10737 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8486104 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3529213 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4484629 | BOY |
| EOY | 4956891 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4935141 | BOY |
| EOY | 4933738 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1575 | BOY |
| EOY | 5001 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10603916 | BOY |
| EOY | 10238240 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167784 | BOY |
| EOY | 52398 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167784 | BOY |
| EOY | 52398 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3588019 | BOY |
| EOY | 3704334 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1325250 | BOY |
| EOY | 759778 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5522863 | BOY |
| EOY | 5721730 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10436132 | BOY |
| EOY | 10185842 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10603916 | BOY |
| EOY | 10238240 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 13053 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -263343 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2138929 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1041846 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 321512 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 492943 | CurrentTaxYearMinus1Year |
| Current Tax Year | 520711 | CurrentTaxYear |
| Total | 4515941 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 44186 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 42343 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 45489 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30341 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16289 | CurrentTaxYear |
| Total | 178648 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2183115 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1084189 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 367001 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 523284 | CurrentTaxYearMinus1Year |
| Current Tax Year | 537000 | CurrentTaxYear |
| Total | 4694589 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 552195 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4142394 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 210847 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 126064 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 161261 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139738 | CurrentTaxYearMinus1Year |
| Current Tax Year | 126048 | CurrentTaxYear |
| Total | 763958 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5458547 | TotalSupport |
| Public Support Pertcentage170 | 0.75890 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.71770 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5522863 | BeginningOfYearBalance |
| Contributions | 198867 | Contributions |
| End Of Year Balance | 5721730 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5472863 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| End Of Year Balance | 5522863 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5472863 | BeginningOfYearBalance |
| End Of Year Balance | 5472863 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5422863 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| End Of Year Balance | 5472863 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 750000 | InvestmentCostOrOtherBasis |
| Book Value | 750000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 750000 | InvestmentCostOrOtherBasis |
| Depreciation | 484375 | Depreciation |
| Book Value | 265625 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 6950126 | InvestmentCostOrOtherBasis |
| Depreciation | 3035722 | Depreciation |
| Book Value | 3914404 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 35978 | InvestmentCostOrOtherBasis |
| Depreciation | 9116 | Depreciation |
| Book Value | 26862 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4956891 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS | Description |
| Book Value | 4933738 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 4933738 | TotalOfBookValueSecurities |
| Total Revenue | 749577 | TotalRevenue |
| Total Expenses | 736524 | TotalExpenses |
| Excess Or Deficit For Year | 13053 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -279632 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 16289 | DonatedServicesAndFacilities |
| Total Adjustments | -263343 | TotalAdjustments |
| Excess Or Deficit Per FS | -250290 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 489714 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -279632 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 16289 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 3480 | OtherRevenues |
| Revenue Not Rptd F990 | -259863 | RevenueNotRptdF990 |
| Revenue Subtotal | 749577 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 749577 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 740004 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 3480 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3480 | ExpensesNotRptdF990 |
| Expenses Subtotal | 736524 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 736524 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE CORPORATION IS A NON-PROFIT CORPORATION ORGANIZED IN ACCORDANCE WITH CHAPTER 55-A OF THE NORTH CAROLINA STATUTES AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL CODE AND STATE LAW. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE CORPORATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE CORPORATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 (B)(1)(A) AND HAS BEEN CLASSIFIED AS A CORPORATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509 (A) (2). UNDER NORTH CAROLINA STATUTE, THE CORPORATION APPLIES FOR REFUNDS OF ALL SALES TAXES PAID. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ADJUSTMENT FOR EXPENSES FOR FUNDRAISING EVENT SHOWN NET ON TAX RETURN 3,480. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ADJUSTMENT FOR EXPENSES FOR FUNDRAISING EVENT SHOWN NET ON TAX RETURN | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | ADJUSTMENT FOR EXPENSES FOR FUNDRAISING EVENT SHOWN NET ON TAX RETURN 3,480. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND THEN PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE BEING FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD ANNUALLY DISCLOSES ANY INTERESTS THAT THEY HAVE THAT COULD POTENTIALLY BE CONSIDERED CONFLICTS. THE BOARD MEMBER IS REQUIRED THAT IN THE EVENT THAT AN ISSUE ARISES THAT COULD BE CONFLICT THE MEMBER RECUSE THEMSELF FROM THE DISCUSSION AND SUBSEQUENT VOTE ON THE ISSUE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION HAS PUBLISHED A BOARD MEMBERS HANDBOOK THAT CONTAINS ITS GOVERNING DOCUMENTS, WHICH IS AVAILABLE UPON REQUEST. IN ADDITION CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART X, LINE 24E | SUPPLIES: PROGRAM SERVICE EXPENSES 25,176. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,176. INSURANCE: PROGRAM SERVICE EXPENSES 23,801. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,801. SECURITY: PROGRAM SERVICE EXPENSES 16,232. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,232. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 4,358. MANAGEMENT AND GENERAL EXPENSES 1,872. FUNDRAISING EXPENSES 2,068. TOTAL EXPENSES 8,298. LEGAL AND PROFESSIONAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,900. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,493. TOTAL EXPENSES 1,493. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 138. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 138. | ALL OTHER FUNCTIONAL EXPENSES |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -279,632. DONATED SERVICES AND USE OF FACILITIES: 16,289. TOTAL TO FORM 990, PART XI, LINE 5: -263,343. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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