A J FLETCHER FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- A J FLETCHER FOUNDATION (EIN 23-7423031)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-14
- IRS object ID
- 202412889349302001
- Schema version
- 2023v5.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-14T09:38:36-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561031342 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMS OVERMAN PIERCE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2501 ATRIUM DRIVE SUITE 500 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237423031 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AJ FLETCHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AJFL | BusinessNameControlTxt |
| Phone | 9193222580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 GLENWOOD AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAMON J CIRCOSTA | PersonNm |
| Person Title | VICE PRESIDENT/EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9193222580 | PhoneNum |
| Signature | 2024-10-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL M LAVELLE CPA | PreparerPersonNm |
| PTIN | P02154046 | PTIN |
| Phone | 9197823444 | PhoneNum |
| Preparation | 2024-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAMON J CIRCOSTA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 GLENWOOD AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $52,750,815 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.AJF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O NARRATIVE FOR PART III, LINE 1 | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $103,189,395 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,698,561 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $1,366,989 | CYOtherRevenueAmt |
| PY Total Revenue | $103,189,395 | PYTotalRevenueAmt |
| CY Total Revenue | $6,065,550 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,215,875 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,677,600 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $494,429 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $538,536 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,338,989 | PYOtherExpensesAmt |
| CY Other Expenses | $857,241 | CYOtherExpensesAmt |
| PY Total Expenses | $8,049,293 | PYTotalExpensesAmt |
| CY Total Expenses | $8,073,377 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $95,140,102 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,007,827 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $240,226,445 | TotalAssetsBOYAmt |
| Total Assets EOY | $263,837,938 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $59,115 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,980 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $240,167,330 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $263,790,958 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OTHE A.J. FLETCHER FOUNDATION OPERATES FOR THE EXCLUSIVE BENEFIT OF THE FLETCHER ACADEMY, SCHOOL OF ACHIEVEMENT, INC. AND IN FURTHERANCE OF A PURPOSE OF THE FLETCHER ACADEMY, A DESIGNATED CLASS OF OTHER CHARITABLE ORGANIZATIONS. THROUGH ITS GRANTS, THE FOUNDATION SUPPORTS THE FLETCHER ACADEMY AND OTHER PUBLIC CHARITIES LOCATED IN NORTH CAROLINA OR SERVING NORTH CAROLINA RESIDENTS THAT HAVE AS ONE OF THEIR PURPOSES THE CARE OR SUPPORT OF THE ELDERLY, INFIRM OR INDIGENT, THE PROMOTION OF EDUCATION, ARTISTIC ENDEAVORS, COMMUNICATION ARTS, OR PUBLIC RECREATION OR THE FOSTERING OF RELIGIOUS FAITH. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,200,000 | ExpenseAmt |
| Grant | $1,200,000 | GrantAmt |
| Desc | THE A.J. FLETCHER FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT, INC., SERVING NORTH CAROLINA AS AN INDEPENDENT, CO-EDUCATIONAL DAY SCHOOL WITH OVER 200 STUDENTS IN GRADES 1-12 WITH LEARNING DISABILITIES AND/OR ATTENTION DEFICIT DISORDERS. THE ACADEMY HELPS THESE SPECIAL STUDENTS MASTER BASIC ACADEMIC AND SOCIAL SKILLS WHILE INSTILLING IN THEM A POSITIVE SENSE OF THEIR OWN RESPONSIBILITY FOR LEARNING. THE SCHOOL IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS AND THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,956,648 | ExpenseAmt |
| Grant | $5,477,600 | GrantAmt |
| Desc | IN KEEPING WITH ITS MISSION OF SUPPORTING CHARITABLE ORGANIZATIONS WITH CERTAIN PURPOSES LOCATED IN NORTH CAROLINA OR SERVING NORTH CAROLINA RESIDENTS, THE A.J. FLETCHER FOUNDATION MADE GRANTS TOTALING $5,477,600 TO CHARITABLE ORGANIZATIONS INVOLVED IN THE SUPPORT OF THE ELDERLY, INFIRM OR INDIGENT, IN EDUCATION, IN ARTISTIC ENDEAVORS, IN COMMUNICATION ARTS, IN PUBLIC RECREATION, AND IN FOSTERING RELIGIOUS FAITH. SEE ALSO SCHEDULE I, FOR A DETAILED LIST OF ALL GRANTS PAID IN 2023. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,156,648 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAMON J CIRCOSTA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9193222580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 GLENWOOD AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276051511 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 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 |
|---|---|---|---|---|---|---|---|
| JAMES F GOODMON | |||||||
| CHAIRMAN OF THE BOARD | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BETH BRIGGS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA SPAULDING | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL GOODMON | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES F GOODMON JR | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREG PATTERSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE HAMMEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL P MCGRATH | |||||||
| TREASURER/SECRETARY | 3.00 | 2.00 | $0 | $0 | $0 | Yes (X) | |
| BARBARA L GOODMON | |||||||
| PRESIDENT | 1.00 | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DAMON J CIRCOSTA | |||||||
| V.P/ EXEC. DIR./ASST SECRE | 40.00 | $209,321 | $0 | $43,989 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $209,321 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $43,989 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WELLS FARGO | |||||
| 4208 SIX FORKS RD STE 120 | RALEIGH | NC | 27609 | INVESTMENT FEES | $217,885 |
| VANGUARD | |||||
| PO BOX 3009 | MONROE | WI | 53566 | INVESTMENT FEES | $158,424 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,037,140 | TotalRevenueColumnAmt |
| Exclusion | $6,037,140 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $45,346,686 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,684,725 | SecuritiesAmt |
| Other | $540 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,338,039 | SecuritiesAmt |
| Other | -$540 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,338,579 | TotalRevenueColumnAmt |
| Exclusion | -$1,338,579 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2021 TAX REFUNDS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,366,989 | TotalRevenueColumnAmt |
| Exclusion | $1,366,989 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,366,989 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,065,550 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,065,550 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,677,600 | TotalAmt |
| Program Services | $6,677,600 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,310 | TotalAmt |
| Program Services | $189,982 | ProgramServicesAmt |
| Management And General | $63,328 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,891 | TotalAmt |
| Program Services | $135,081 | ProgramServicesAmt |
| Management And General | $35,810 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,605 | TotalAmt |
| Program Services | $32,806 | ProgramServicesAmt |
| Management And General | $9,799 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,379 | TotalAmt |
| Program Services | $32,632 | ProgramServicesAmt |
| Management And General | $9,747 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,351 | TotalAmt |
| Program Services | $22,600 | ProgramServicesAmt |
| Management And General | $6,751 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,348 | TotalAmt |
| Program Services | $3,348 | ProgramServicesAmt |
| Management And General | $1,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,578 | TotalAmt |
| Management And General | $69,578 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,315 | TotalAmt |
| Management And General | $58,315 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,309 | TotalAmt |
| Management And General | $376,309 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,669 | TotalAmt |
| Management And General | $36,669 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560 | TotalAmt |
| Management And General | $560 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,300 | TotalAmt |
| Management And General | $22,300 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,496 | TotalAmt |
| Management And General | $19,496 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,282 | TotalAmt |
| Management And General | $76,282 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,722 | TotalAmt |
| Management And General | $2,722 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,165 | TotalAmt |
| Program Services | $16,902 | ProgramServicesAmt |
| Management And General | $10,263 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,162 | TotalAmt |
| Management And General | $89,162 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,044 | TotalAmt |
| Management And General | $18,044 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| TICKETS AND SPONSORSHIP | $45,697 | $45,697 | |
| MEALS | $5,839 | $5,839 | |
| DUES & SUBSCRIPTIONS | $4,710 | $4,710 | |
| TAXES | $45 | $45 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,073,377 | TotalAmt |
| Program Services | $7,156,648 | ProgramServicesAmt |
| Management And General | $916,729 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,904 | BOYAmt |
| EOY | $106,238 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $253,118 | BOYAmt |
| EOY | $11,384,174 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,936 | BOYAmt |
| EOY | $4,149 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,000 | BOYAmt |
| EOY | $33,676 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,055,583 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $825,578 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,623,499 | BOYAmt |
| EOY | $5,230,005 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,087,139 | BOYAmt |
| EOY | $213,547,564 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,113,381 | BOYAmt |
| EOY | $33,530,778 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,354 | BOYAmt |
| EOY | $1,354 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,226,445 | BOYAmt |
| EOY | $263,837,938 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,115 | BOYAmt |
| EOY | $46,980 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,115 | BOYAmt |
| EOY | $46,980 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,167,330 | BOYAmt |
| EOY | $263,790,958 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,167,330 | BOYAmt |
| EOY | $263,790,958 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,226,445 | BOYAmt |
| EOY | $263,837,938 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,007,827 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $25,611,548 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $19,907 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLETCHER ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581447219 | EIN |
| Organization Type | 2 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $1,200,000 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,200,000 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | Yes (1) | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | Yes (1) | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART IV, SECTION A, LINE 9B AND 9C: | JAMES F. GOODMON (CHAIRMAN OF THE BOARD) OWNS A CONTROLLING VOTING INTEREST, BUT NOT A CONTROLLING VALUE INTEREST, IN CAPITOL HOLDING COMPANY, INC. AND SUBSIDIARIES. JAMES F. GOODMON, JR. (DIRECTOR) OWNS A NON-CONTROLLING INTEREST IN CAPITOL HOLDING COMPANY, INC. AND SUBSIDIARIES. MICHAEL GOODMON (DIRECTOR) OWNS A NON-CONTROLLING INTEREST IN CAPITOL HOLDING COMPANY, INC. AND SUBSIDIARIES. |
| PART IV, SECTION A, LINE 6: | IN KEEPING WITH ITS MISSION OF SUPPORTING CHARITABLE ORGANIZATIONS WITH CERTAIN PURPOSES LOCATED IN NC OR SERVING NC RESIDENTS, THE A.J. FLETCHER FOUNDATION MADE GRANTS TOTALING $5,477,600 TO CHARITABLE ORGANIZATIONS INVOLVED IN THE SUPPORT OF THE ELDERLY, INFIRM OR INDIGENT, IN EDUCATION, IN ARTISTIC ENDEAVORS, IN COMMUNICATION ARTS, IN PUBLIC RECREATION AND IN FOSTERING RELIGIOUS FAITH. SEE ALSO SCHEDULE I FOR A DETAILED LIST OF ALL GRANTS PAID IN 2023. THE A. J. FLETCHER FOUNDATION OPERATES FOR THE EXCLUSIVE BENEFIT OF THE FLETCHER ACADEMY, SCHOOL OF ACHIEVEMENT, INC. (THE "FLETCHER ACADEMY") AND IN FURTHERANCE OF A PURPOSE OF THE FLETCHER ACADEMY, A DESIGNATED CLASS OF OTHER CHARITABLE ORGANIZATIONS. THE ARTICLES OF INCORPORATION OF THE A. J. FLETCHER FOUNDATION PROVIDE IN RELEVANT PART AS FOLLOWS: 2. PURPOSE. THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: . . . B. TO SUPPORT AND AT ALL TIMES HEREAFTER TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF: (1) THE FLETCHER ACADEMY, SCHOOL OF ACHIEVEMENT, INC., A NORTH CAROLINA NONPROFIT CORPORATION, AND (2) ANY ORGANIZATION (I) DESCRIBED IN SECTION 509(A)(1) OR SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAWS, (II) CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTIONS 170(C), 2055(A) AND 2522(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAWS, (III) LOCATED OR CONDUCTING ANY PART OF ITS ACTIVITIES IN NORTH CAROLINA OR IN A MANNER BENEFITING RESIDENTS OF NORTH CAROLINA, AND (IV) WHICH HAS AS ONE OF ITS PURPOSES OR FUNCTIONS ANY OF THE FOLLOWING: (A) THE PROMOTION OF EDUCATION OR THE ADVANCEMENT OR PRESERVATION OF KNOWLEDGE INCLUDING, WITHOUT LIMITATION, THE OPERATION OF A SCHOOL, COLLEGE, UNIVERSITY, LIBRARY OR MUSEUM; (B) THE CARE OR SUPPORT OF THE ELDERLY, INFIRM, OR INDIGENT; (C) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF MUSICAL, THEATRICAL, VISUAL OR OTHER ARTISTIC ENDEAVORS; (D) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF MASS MEDIA OR OTHER COMMUNICATION ARTS; (E) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF PUBLIC RECREATION INCLUDING, WITHOUT LIMITATION, THE SUPPORT OF PUBLIC PARKS OR PLAYGROUNDS; OR (F) THE FOSTERING OF RELIGIOUS FAITH. THE ARTICLES OF INCORPORATION OF THE FLETCHER ACADEMY PROVIDE IN RELEVANT PART AS FOLLOWS: 4. PURPOSES. THE PURPOSES FOR WHICH THE CORPORATION IS TO BE FORMED ARE FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954 AND IN THIS CONNECTION, TO PROMOTE THE LEARNING ABILITIES AND WELFARE OF CHILDREN IN HOME, SCHOOL, AND COMMUNITY, TO RAISE THE STANDARDS OF HOME LIFE; AND TO BRING INTO CLOSER RELATION THE HOME AND THE SCHOOL, THAT PARENTS AND TEACHERS MAY COOPERATE INTELLIGENTLY IN THE TRAINING OF CHILDREN AND MORE SPECIFICALLY WITH THE ACHIEVEMENT SCHOOL, 2610 GLENWOOD AVE., RALEIGH, NORTH CAROLINA, . . .; TO SUPPORT OTHER ORGANIZATIONS (A) DESCRIBED IN SECTION 509(A)(1) OR SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW, (B) CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTIONS 170(C), 2055(A) AND 2522(A) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW, (C) LOCATED OR CONDUCTING ANY PART OF THEIR ACTIVITIES IN NORTH CAROLINA OR IN A MANNER BENEFITING RESIDENTS OF NORTH CAROLINA, AND (D) WHICH HAVE AS ONE OF THEIR PURPOSES OR FUNCTIONS ANY OF THE FOLLOWING: (I) THE PROMOTION OF EDUCATION OR THE ADVANCEMENT OR PRESERVATION OF KNOWLEDGE INCLUDING, WITHOUT LIMITATION, THE OPERATION OF A SCHOOL, COLLEGE, UNIVERSITY, LIBRARY OR MUSEUM, (II) THE CARE OR SUPPORT OF THE ELDERLY, INFIRM, OR INDIGENT, (III) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF MUSICAL, THEATRICAL, VISUAL, OR OTHER ARTISTIC ENDEAVORS, (IV) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF MASS MEDIA OR OTHER COMMUNICATION ARTS, (V) THE PROMOTION, ENCOURAGEMENT OR SUPPORT OF PUBLIC RECREATION, INCLUDING, WITHOUT LIMITATION, THE SUPPORT OF PUBLIC PARKS OR PLAYGROUNDS, OR (VI) THE FOSTERING OF RELIGIOUS FAITH. |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,746,630 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $680,627 | OtherCostOrOtherBasisAmt |
| Book Value | $3,427,257 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,395,268 | OtherCostOrOtherBasisAmt |
| Depreciation | $723,756 | DepreciationAmt |
| Book Value | $1,671,512 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,946 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,146 | DepreciationAmt |
| Book Value | $18,800 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $150,680 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,807 | DepreciationAmt |
| Book Value | $86,873 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,432 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,869 | DepreciationAmt |
| Book Value | $25,563 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,230,005 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BRIGGS RESTORATION LTD. LLC | $2,509,419 | C |
| CAPITOL HOLDING COMPANY, INC. AND SUBSIDIARIES | $15,725,203 | C |
| GLOBAL VINE, LLC | $3,339,277 | C |
| HATTERAS VENTURE PARTNERS V, L.P. | $1,461,187 | C |
| TEP CAPITOLA INVESTMENT, LLC | $1,000,000 | C |
| HATTERAS VENTURE PARTNERS VI, L.P. | $812,854 | C |
| TVP II | $3,929,494 | C |
| TVP/CO-INVESTMENT FUND | $4,753,344 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $33,530,778 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT EVALUATES ALL SIGNIFICANT TAX POSITIONS AND DOES NOT BELIEVE IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY, NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. THE ENTITIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Type Of Activities Conducted | INVESTMENT ACTIVITIES | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $7,500 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,500 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,500 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | THE EXPENDITURES ARE INDIRECT EXPENDITURES FROM OWNERSHIP IN A FOREIGN PARTNERSHIP. THE PASSTHROUGH EXPENSES ARE NOT RECORDED ON THE FINANCIALS BUT THE TOTAL VALUE OF THE OWNERSHIP IS RECORDED. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (61 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ACTIVATE GOOD INC | |||||||||
| 1053 E WHITAKER MILL RD RM 115 | RALEIGH | NC | 27604 | 203057526 | 501(C)(3) | $30,000 | $0 | SCHOOL SUPPORT COMMUNITY PTA CAMPAIGN | |
| APPALACHIAN LITERACY INITIATIVE | |||||||||
| PO BOX 3283 | BRISTOL | TN | 37620 | 824755919 | 501(C)(3) | $8,000 | $0 | LITERACY SUPPORT FOR AVERY AND ALLEGHENY COUNTIES | |
| APPALACHIAN REGIONAL HEALTHCARE FOUNDATION | |||||||||
| PO BOX 2600 | BOONE | NC | 28607 | 201067022 | 501(C)(3) | $50,000 | $0 | HOSPITAL CAPITAL CAMPAIGN | |
| ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES | |||||||||
| 1666 K STREET NW | WASHINGTON | DC | 20006 | 840502574 | 501(C)(3) | $25,000 | $0 | SUPPORT FOR NC COMMISSION ON HIGHER ED | |
| BOOK HARVEST | |||||||||
| 2501 UNIVERSITY DRIVE SUITE 06 | DURHAM | NC | 27707 | 452610533 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| BOYS & GIRLS CLUBS OF DURHAM AND ORANGE COUNTIES | |||||||||
| 1010 MARTIN LUTHER KING PARKWAY | DURHAM | NC | 27701 | 566001906 | 501(C)(3) | $30,000 | $0 | CAPITAL EXPANSION | SUITE 300 |
| CASA | |||||||||
| PO BOX 12545 | RALEIGH | NC | 27605 | 561778714 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| CASA | |||||||||
| PO BOX 12545 | RALEIGH | NC | 27605 | 561778714 | 501(C)(3) | $100,000 | $0 | CAPITAL CAMPAIGN | |
| CLAYTON CULTURAL ARTS FOUNDATION INC | |||||||||
| PO BOX 879 | CLAYTON | NC | 27528 | 562175042 | 501(C)(3) | $10,000 | $0 | DOCUMENTARY FILM | |
| COMMON CAUSE EDUCATION FUND | |||||||||
| 805 15TH STREET 600 | WASHINGTON | DC | 20005 | 311705370 | 501(C)(3) | $155,000 | $0 | HBCU SUPPORT | |
| COMMUNITY MUSIC SCHOOL | |||||||||
| 322 CHAPANOKE RD | RALEIGH | NC | 27603 | 582098168 | 501(C)(3) | $50,000 | $0 | GENERAL OPERATIONS | |
| CONSERVATION TRUST FOR NORTH CAROLINA | |||||||||
| 1028 WASHINGTON ST | RALEIGH | NC | 27605 | 581552188 | 501(C)(3) | $51,100 | $0 | ASUTSI TRAIL REPAIR AND ENHANCEMENT PROJECT | |
| DESIGNED FOR JOY | |||||||||
| 517 WEST CABARRUS STREET SUITE A | RALEIGH | NC | 27603 | 822093018 | 501(C)(3) | $58,000 | $0 | GENERAL OPERATIONS | |
| FRIENDS OF NC STATE MUSEUM OF NATURAL SCIENCES | |||||||||
| PO BOX 26928 | RALEIGH | NC | 27611 | 561240806 | 501(C)(3) | $55,000 | $0 | CAPITAL EXPANSION | |
| HAVEN HOUSE INC | |||||||||
| 1008 BULLARD COURT | RALEIGH | NC | 27615 | 561073632 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| HEALING TRANSITIONS INC | |||||||||
| 1251 GOODE STREET | RALEIGH | NC | 27603 | 562135246 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| HEALING TRANSITIONS INC | |||||||||
| 1251 GOODE STREET | RALEIGH | NC | 27603 | 562135246 | 501(C)(3) | $75,000 | $0 | GROWTH AND SUSTAINABILITY | |
| HEALING TRANSITIONS INC | |||||||||
| 1251 GOODE STREET | RALEIGH | NC | 27603 | 562135246 | 501(C)(3) | $400,000 | $0 | CAPITAL EXPANSION | |
| LEADERSHIP TRIANGLE INC | |||||||||
| 907 GLENWOOD AVENUE | RALEIGH | NC | 27605 | 561852726 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATIONS | |
| LOTUS CAMPAIGN INC | |||||||||
| 200 SOUTH COLLEGE STREET SUITE 200 | CHARLOTTE | NC | 28202 | 824662347 | 501(C)(3) | $40,000 | $0 | HOMELESSNESS PILOT PROGRAM | |
| LUCY DANIELS CENTER FOR EARLY CHILDHOOD | |||||||||
| 9003 WESTON PARKWAY | CARY | NC | 27513 | 581863104 | 501(C)(3) | $50,000 | $0 | CAPACITY BUILDING | |
| MADE IN DURHAM | |||||||||
| 201 W MAIN STREET SUITE 100 PMB B19 | DURHAM | NC | 27701 | 472262963 | 501(C)(3) | $18,750 | $0 | WORK STUDY PROGRAM | |
| NEIGHBOR TO NEIGHBOR MINISTRIES | |||||||||
| 1200 S BLOUNT ST | RALEIGH | NC | 27601 | 562016457 | 501(C)(3) | $25,000 | $0 | CAPITAL EXPANSION | |
| NORTH CAROLINA BLACK ALLIANCE INC | |||||||||
| PO BOX 27886 | RALEIGH | NC | 27611 | 562210571 | 501(C)(3) | $200,000 | $0 | CIVIC EDUCATION PROGRAM | |
| NORTH CAROLINA CENTER ON ACTUAL INNOCENCE | |||||||||
| PO BOX 52446 SHANNON PLAZA STATION | DURHAM | NC | 27717 | 562200512 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATIONS | |
| NORTH CAROLINA CIVIL LIBERTIES UNION LEGAL FOUNDATION INC | |||||||||
| PO BOX 28004 | RALEIGH | NC | 27611 | 561019644 | 501(C)(3) | $25,000 | $0 | COMMUNICATIONS AND MEDIA TO YOUNG AUDIENCES | |
| NORTH CAROLINA COMMUNITY FOUNDATION INC | |||||||||
| 3737 GLENWOOD AVE | RALEIGH | NC | 27612 | 581661700 | 501(C)(3) | $30,000 | $0 | NOW SERVING | |
| NORTH CAROLINA COMMUNITY FOUNDATION INC | |||||||||
| 3737 GLENWOOD AVE | RALEIGH | NC | 27612 | 581661700 | 501(C)(3) | $1,000,000 | $0 | DIX PARK SUPPORT | |
| NORTH CAROLINA JUSTICE CENTER | |||||||||
| 224 S DAWSON STREET | RALEIGH | NC | 27601 | 561348186 | 501(C)(3) | $175,000 | $0 | NC JUSTICE CENTER - PROJECT SUPPORT | |
| NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC | |||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566049503 | 501(C)(3) | $100,000 | $0 | CENTENNIAL CAMPUS PUBLIC ART | |
| NORTH CAROLINA WILDLIFE FEDERATION | |||||||||
| 1024 WASHINGTON ST 100 | RALEIGH | NC | 27605 | 561564376 | 501(C)(3) | $100,000 | $0 | MARINE FISHERIES EDUCATION | |
| NOTE IN THE POCKET INC | |||||||||
| 9650 STRICKLAND RD SUITE 103-168 | RALEIGH | NC | 27615 | 462574332 | 501(C)(3) | $50,000 | $0 | CAPITAL EXPANSION | |
| NOTE IN THE POCKET INC | |||||||||
| 9650 STRICKLAND RD SUITE 103-168 | RALEIGH | NC | 27615 | 462574332 | 501(C)(3) | $18,750 | $0 | WORK STUDY PROGRAM | |
| NOTE IN THE POCKET INC | |||||||||
| 9650 STRICKLAND RD SUITE 103-168 | RALEIGH | NC | 27615 | 462574332 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| OAK CITY CARES INC | |||||||||
| 1430 S WILMINGTON STREET | RALEIGH | NC | 27603 | 830826329 | 501(C)(3) | $6,000 | $0 | NONPROFIT INTERNSHIP PROGRAM | |
| OCCONEECHEE COUNCIL INC BOY SCOUTS OF AMERICA 421 | |||||||||
| 3231 ATLANTIC AVENUE | RALEIGH | NC | 27604 | 560529984 | 501(C)(3) | $200,000 | $0 | SCOUTREACH | |
| PUBLIC SCHOOL FORUM OF NORTH CAROLINA INC | |||||||||
| 1017 MAIN CAMPUS DRIVE SUITE 2300 | RALEIGH | NC | 27606 | 581654064 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATIONS | |
| PUBLIC SCHOOL FORUM OF NORTH CAROLINA INC | |||||||||
| 1017 MAIN CAMPUS DRIVE SUITE 2300 | RALEIGH | NC | 27606 | 581654064 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| SAFECHILD | |||||||||
| 864 W MORGAN ST | RALEIGH | NC | 27603 | 561817816 | 501(C)(3) | $150,000 | $0 | CAPITAL EXPANSION | |
| SCHOOL OF JOURNALISM FOUNDATION OF NORTH CAROLINA INC | |||||||||
| CAMPUS BOX 3365 CARROLL HALL | CHAPEL HILL | NC | 27599 | 566034739 | 501(C)(3) | $500,000 | $0 | BROADCAST STUDIO | |
| SE RALEIGH PROMISE INC | |||||||||
| 900 S WILMINGTON STREET | RALEIGH | NC | 27601 | 820614057 | 501(C)(3) | $105,000 | $0 | GENERAL OPERATIONS | |
| SE RALEIGH PROMISE INC | |||||||||
| 900 S WILMINGTON STREET | RALEIGH | NC | 27601 | 820614057 | 501(C)(3) | $6,000 | $0 | NON-PROFIT INTERNSHIP PROGRAM | |
| SOUTHEASTERN BAPTIST THEOLOGICAL SEMINARY | |||||||||
| PO BOX 1889 | WAKE FOREST | NC | 27588 | 560649251 | 501(C)(3) | $15,000 | $0 | REV. J.D. FLETCHER CHURCH PLANTING | |
| SOUTHLIGHT HEALTHCARE | |||||||||
| 3125 POPLARWOOD CT STE 203 | RALEIGH | NC | 27604 | 560988422 | 501(C)(3) | $200,000 | $0 | CAPITAL EXPANSION | |
| ST FRANCIS SPRINGS PRAYER CENTER | |||||||||
| 477 GROGRAN RD | STONEVILLE | NC | 27408 | 030469917 | 501(C)(3) | $25,000 | $0 | RETREAT AND PLANNING SUPPORT | |
| ST JOHN'S METROPOLITAN COMMUNITY CHURCH | |||||||||
| 4 N BLOUNT STREET SUITE 100 | RALEIGH | NC | 27601 | 561209032 | 501(C)(3) | $75,000 | $0 | DROP IN EMERGENCY SHELTER PROGRAM | |
| STATES NEWSROOM | |||||||||
| 1414 RALEIGH RD SUITE 127 | CHAPEL HILL | NC | 27517 | 842113822 | 501(C)(3) | $285,000 | $0 | NC NEWSLINE JOURNALISM | |
| THE FAMILY VIOLENCE PREVENTION CENTER INC | |||||||||
| 1012 OBERLIN RD STE 100 | RALEIGH | NC | 27605 | 581320613 | 501(C)(3) | $25,000 | $0 | FACILITY PLANNING PROCESS | |
| THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC | |||||||||
| 400 CEDARVIEW CT | RALEIGH | NC | 27609 | 581447219 | 501(C)(3) | $100,000 | $0 | LITERACY OUTREACH GRANT | |
| THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC | |||||||||
| 400 CEDARVIEW CT | RALEIGH | NC | 27609 | 581447219 | 501(C)(3) | $500,000 | $0 | GENERAL OPERATIONS | |
| THE FLETCHER ACADEMY SCHOOL OF ACHIEVEMENT INC | |||||||||
| 400 CEDARVIEW CT | RALEIGH | NC | 27609 | 581447219 | 501(C)(3) | $600,000 | $0 | CAMPUS EXPANSION LAND PURCHASE | |
| THE SALVATION ARMY OF WAKE COUNTY | |||||||||
| 1863 CAPITAL BLVD | RALEIGH | NC | 27604 | 580660607 | 501(C)(3) | $25,000 | $0 | GENERAL OPERATIONS | |
| THEGIFTED ARTS INC | |||||||||
| 410 GLENWOOD AVE SUITE 170 | RALEIGH | NC | 27603 | 452650004 | 501(C)(3) | $25,000 | $0 | CAPACITY BUILDING | |
| TRIANGLE COMMUNITY FOUNDATION | |||||||||
| PO BOX 12729 | DURHAM | NC | 27709 | 561380796 | 501(C)(3) | $100,000 | $0 | FUND FOR THE TRIANGLE | |
| TRIANGLE FAMILY SERVICES INC | |||||||||
| 3937 WESTERN BLVD | RALEIGH | NC | 27606 | 560547491 | 501(C)(3) | $50,000 | $0 | CAPACITY BUILDING | |
| TRIANGLE GOLF FOUNDATION INC | |||||||||
| 3737 GLENWOOD AVE SUITE 415 | RALEIGH | NC | 27612 | 562266025 | 501(C)(3) | $50,000 | $0 | CAPITAL EXPANSION | |
| UNITED WAY OF THE GREATER TRIANGLE INC | |||||||||
| PO BOX 110583 | DURHAM | NC | 27709 | 561949103 | 501(C)(3) | $100,000 | $0 | HOUSING INITIATIVES | |
| WAKE FOREST UNIVERSITY | |||||||||
| 1834 WAKE FOREST RD | WINSTON SALEM | NC | 27109 | 560532138 | 501(C)(3) | $85,000 | $0 | FLETCHER SCHOLARSHIPS | |
| WAKE MONARCH | |||||||||
| 824 N BLOODWORTH STREET | RALEIGH | NC | 27526 | 832148694 | 501(C)(3) | $25,000 | $0 | GENERAL OPERATIONS | |
| WOMEN'S CENTER OF WAKE COUNTY INC | |||||||||
| 2200 NEW BERN AVENUE | RALEIGH | NC | 27610 | 581316004 | 501(C)(3) | $80,000 | $0 | HOUSING NAVIGATION FOR WOMEN EXPERIENCING HOMELESSNESS | |
| YOU CAN VOTE | |||||||||
| 2627 CROASDAILE FARM PKWY SUITE 201 | DURHAM | NC | 27705 | 832882290 | 501(C)(3) | $75,000 | $0 | CAMPUS EDUCATION AND OUTREACH | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 51 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTEES ARE REQUIRED TO COMPLETE AND SUBMIT ANNUAL REPORTS CONFIRMING THEIR USE OF GRANT DOLLARS. ALL GRANT MONIES ARE USED BY ORGANIZATIONS LOCATED OR CONDUCTING ANY PART OF ITS ACTIVITIES IN NORTH CAROLINA OR IN A MANNER BENEFITING RESIDENTS OF NORTH CAROLINA. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAMON J CIRCOSTA | PersonNm |
| Title | V.P/ EXEC. DIR./ASST SECRE | TitleTxt |
| Base Compensation Filing Org | $183,071 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $26,250 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $24,072 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $19,917 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $253,310 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART IV, LINE 28: | SEE THE SCHEDULE O DESCRIPTION FOR FORM 990, PART VI, SECTION A, LINE 2, FOR DISCLOSURE OF FAMILY RELATIONSHIPS. |
| FORM 990, PART VI, SECTION A, LINE 2 | JAMES F. GOODMON (CHAIRMAN OF THE BOARD), BARBARA L. GOODMON (PRESIDENT), MICHAEL GOODMON (DIRECTOR), AND JAMES F. GOODMON JR. (DIRECTOR) HAVE A FAMILY RELATIONSHIP. JAMES F. GOODMON (CHAIRMAN OF THE BOARD) HAS A BUSINESS RELATIONSHIP WITH JAMES F. GOODMON JR. (DIRECTOR), MICHAEL GOODMON (DIRECTOR), AND DANIEL P. MCGRATH (TREASURER/SECRETARY). |
| FORM 990, PART VI, SECTION A, LINE 8B | THE AJFF DOES NOT HAVE ANY STANDING COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. WHEN TEMPORARY COMMITTEES ARE APPOINTED BY THE BOARD, THE RELATED MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING THE FORM 990, THE COMPLETED DOCUMENT IS FORWARDED TO MEMBERS OF THE BOARD FOR REVIEW AND COMMENT. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT AN ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE MEMBERS ARE REMINDED OF THE POLICY AND THEIR OBLIGATION TO COMPLY WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15A | DETERMINATION OF EXECUTIVE DIRECTOR COMPENSATION IS BASED UPON COMPARATIVE DATA OF SIMILARLY QUALIFIED PERSONS, WITH CONTEMPORANEOUS DOCUMENTATION. NO OTHER OFFICERS OR KEY EMPLOYEES ARE COMPENSATED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE AVAILABLE DURING BUSINESS HOURS FOR VIEWING AT THE FOUNDATION'S OFFICE. |
| FORM 990, PART XI, LINE 9: | BOOK-TAX DIFF TEP CAPITOLA K-1 REPORTING 4,808. BOOK-TAX DIFF BRIGGS K-1 REPORTNIG 19,564. BOOK-TAX DIFF HVP V K-1 REPORTING -64,908. BOOK-TAX DIFF HVP VI K-1 REPORTING -23,317. BOOK-TAX DIFF TVP II K-1 REPORTING 63,720. BOOK-TAX DIFF TVP II CO-INVEST K-1 REPORTING 3,198. ROUNDING ADJUSTMENT 2. BOOK-TAX DIFF GLOBAL VINE K-1 REPORTING 16,840. |
| FORM 990, PART XII, LINE 1: | A.J. FLETCHER FOUNDATION USES A MODIFIED CASH BASIS METHOD OF ACCOUNTING TO PREPARE THE FINANCIAL STATEMENTS AND FORM 990. GRANTS ARE RECORDED WHEN THE GRANT PAYMENT IS MADE. THE INVESTMENT IN PASS-THROUGH ENTITIES IS RECORDED ON THE CASH BASIS AND DOES NOT REFLECT THE K-1 ACTIVITY ON ITS BOOKS. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMP COLLABORATIVE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 GLENWOOD AVE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 933961243 | EIN |
| Primary Activities | REAL ESTATE MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| End Of Year Assets | $2,746,630 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AJ FLETCHER FOUNDATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLETCHER ACADEMY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CEDARVIEW COURT | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581447219 | EIN |
| Primary Activities | SCHOOL | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 2 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIGGS BUILDING RESTORATION LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 FAYETTEVILLE ST STE 200 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562034042 | EIN |
| Primary Activities | RENTAL REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AJ FLETCHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | INVESTMENT | PredominantIncomeTypeTxt |
| Share Of Total Income | -$19,564 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,423,179 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.79000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAPITOL HOLDING COMPANY INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12000 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561979330 | EIN |
| Primary Activities | HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $24,414,224 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $459,172,432 | ShareOfEOYAssetsAmt |
| Ownership | 0.84500 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FLETCHER ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $1,200,000 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE R, PART V, LINE 2: | DESCRIPTION OF METHOD USED TO DETERMINE THE VALUE OF THE SERVICES: AMOUNTS ARE RECORDED BASED UPON THE CASH PAID OR RECEIVED. |
| SCHEDULE R, PART I: | CAMP COLLABORATIVE, LLC IS A NORTH CAROLINA SINGLE MEMBER LIMITED LIABILITY COMPANY FORMED IN OCTOBER 2023 FOR THE HOLDING AND OPERATIONS OF THE CAMP CHARLES PARCEL OF LAND PURCHASED DURING 2023. |