Totals
- Total revenue
- $727,481
- Total expenses
- $663,839
- Contributions and grants received
- $535,252
- Grants paid
- $641,908
- Program service revenue
- $0
- Investment income
- $88,293
- Other revenue
- $103,936
- Total assets, end of year
- $900,960
- Total liabilities, end of year
- $8,441
- Net assets or fund balances, end of year
- $892,519
- Program services expenses (Part IX)
- $647,929
- Management and general expenses
- $7,230
- Fundraising expenses
- $8,680
- Program service expenses (Part III)
- $647,929
Program services were 97.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$381,885
-
1f · All other contributions, gifts and grants
$153,367
-
3 · Investment income
total $88,293 · excluded $88,293
-
8a · Fundraising events: gross income
$276,926
-
8a · Fundraising events: contributions included on line 1c
$381,885
-
8b · Fundraising events: direct expenses
$173,755
-
8c · Net income from fundraising events
total $103,171 · excluded $103,171
-
9a · Gaming: gross income
$765
-
9c · Net income from gaming
total $765 · related or exempt $765
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $631,600 · program services $631,600
-
2 · Grants to domestic individuals
total $10,308 · program services $10,308
-
11c · Fees: accounting
total $1,642 · management and general $1,642
-
12 · Advertising and promotion
total $7,798 · fundraising $7,798
-
13 · Office expenses
total $1,929 · management and general $1,247 · fundraising $682
-
14 · Information technology
total $4,694 · program services $4,544 · management and general $150
-
16 · Occupancy
total $3,593 · program services $1,477 · management and general $2,116
-
23 · Insurance
total $1,569 · management and general $1,569
-
24a · Other expenses: Bank and Merchant Fees
total $165 · management and general $165
-
24b · Other expenses: Licenses and Permits
total $200 · fundraising $200
-
24c · Other expenses: Board Appreciation
total $341 · management and general $341
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,707 · end of year $37,992
-
2 · Savings and temporary cash investments
beginning of year $254,814 · end of year $260,860
-
4 · Accounts receivable
beginning of year $1,085 · end of year $2,584
-
11 · Investments: publicly traded securities
beginning of year $535,935 · end of year $599,524
-
17 · Accounts payable and accrued expenses
beginning of year $1,664 · end of year $8,441
-
27 · Net assets without donor restrictions
beginning of year $481,032 · end of year $892,519
-
28 · Net assets with donor restrictions
beginning of year $347,845
Mission and programs · 2023
Mission
To provide funds to local nonprofit organizations for programs and projects that provide for the arts, education, and health and welfare of the greater Wilmington, North Carolina area.
-
Provided program grants to 99 nonprofit organizations.
Expenses $555,007 · Grants $553,000
-
Provided capital grants to four nonprofit organizations.
Expenses $80,607 · Grants $78,600
-
Scholarships to 15 Individuals
Expenses $12,315 · Grants $10,308
As filed on the 2023 return.
Listed in Part VII
-
Bill Kimbrell
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dan Levine
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Liz Cleghorn
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Gsell Clayton
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kristen Shaheen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Darcee Strube
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Phil Ley
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Philip Marette
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Clark-Bradley
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Karin Carson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Denise Baer
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
John Earl
Operations
- Total calculated
- $0
- Hours/week
- 1
-
Donis Smith
President
- Total calculated
- $0
- Hours/week
- 3
-
Cecelia Marrese
Technology
- Total calculated
- $0
- Hours/week
- 3
-
Jane Carlson
Marketing
- Total calculated
- $0
- Hours/week
- 2
-
Christina Whalen
Events
- Total calculated
- $0
- Hours/week
- 3
-
Bob Harootyan
Secretary
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Charitable Support
-
$10,000
Charitable Support
-
$10,000
Charitable Support
-
Charitable Support
-
Rocky Point Elementary School
$9,300
Charitable Support
-
Charitable Support
-
$9,300
Charitable Support
-
Charitable Support
-
Sunset Park Elementary School
$8,500
Charitable Support
-
Charitable Support
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 February 2024
- IRS schema version
- 2023v4.0
- Source object
- 202440599349300019
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.