STRATEGY STUDIO / PUBLIC DATA EXPLORER

FAYETTEVILLE PUBLIC EDUCATION FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FAYETTEVILLE PUBLIC EDUCATION FOUNDATION INC (EIN 58-2010071)
Tax period
2020-07-01 to 2021-06-30
Filed
2021-11-15
IRS object ID
202143199349315519
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T11:26:22-00:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SF Fiser and CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1112 East Emma AvenueAddressLine1Txt
CitySpringdaleCityNm
State AbbreviationARStateAbbreviationCd
ZIP72764ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582010071EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAYETTEVILLE PUBLIC EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFAYEBusinessNameControlTxt
Phone4795273655PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 571AddressLine1Txt
CityFAYETTEVILLECityNm
State AbbreviationARStateAbbreviationCd
ZIP72702ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAMBRE HORNE-BROOKSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4795273655PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCAMBREPersonFirstNm
Person LastHORNE-BROOKSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRichard D Whittle CPAPreparerPersonNm
PTINP00490774PTIN
Phone4797514851PhoneNum
Preparation2021-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCAMBRE HORNE-BROOKSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1612 S COLLEGE AVEAddressLine1Txt
CityFAYETTEVILLECityNm
State AbbreviationARStateAbbreviationCd
ZIP72701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$754,821GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FAYEDFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateARLegalDomicileStateCd
Activity Or MissionTO ENHANCE THE QUALITY OF EDUCATION IN THE FAYETTEVILLE PUBLIC SCHOOLSActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$627,665PYContributionsGrantsAmt
CY Contributions Grants$430,397CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$143,200PYInvestmentIncomeAmt
CY Investment Income$169,362CYInvestmentIncomeAmt
PY Other Revenue$77,008PYOtherRevenueAmt
CY Other Revenue$58,739CYOtherRevenueAmt
PY Total Revenue$847,873PYTotalRevenueAmt
CY Total Revenue$658,498CYTotalRevenueAmt
PY Grants And Similar Paid$261,858PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$335,720CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$157,103PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$169,146CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$105,618CYTotalFundraisingExpenseAmt
PY Other Expenses$208,786PYOtherExpensesAmt
CY Other Expenses$138,852CYOtherExpensesAmt
PY Total Expenses$627,747PYTotalExpensesAmt
CY Total Expenses$643,718CYTotalExpensesAmt
PY Revenues Less Expenses$220,126PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$14,780CYRevenuesLessExpensesAmt
Total Assets BOY$4,254,632TotalAssetsBOYAmt
Total Assets EOY$5,061,976TotalAssetsEOYAmt
Total Liabilities BOY$28,100TotalLiabilitiesBOYAmt
Total Liabilities EOY$45,487TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,226,532NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,016,489NetAssetsOrFundBalancesEOYAmt
MissionTO RAISE PRIVATE FUNDS FOR RESOURCES, PROGRAMS, AND OPPORTUNITIES THAT ARE NOT AVAILABLE TO OUR STUDENTS THROUGH THE DISTRICTS NORMAL OPERATING BUDGET.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$469,125ExpenseAmt
Grant$335,720GrantAmt
DescTO ENHANCE THE QUALITY OF EDUCATION IN THE FAYETTEVILLE PUBLIC SCHOOLS.Desc
Total Program Service Expenses$469,125TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCAMBRE HORNE-BROOKSPersonNm
Phone4795273655PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1877 CLINTON DRIVEAddressLine1Txt
CityFAYETTEVILLECityNm
State AbbreviationARStateAbbreviationCd
ZIP72701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
HORNE-BROOKS CAMBRE
EXECUTIVE DIRECTOR040.00Yes (X)Yes (X)$108,727$0$0
CARVER RITA
BOARD MEMBER001.00$0$0$0Yes (X)
CHADICK VINCE
BOARD MEMBER001.00$0$0$0Yes (X)
ELDRIDGE MARY ELIZABETH
BOARD MEMBER001.00$0$0$0Yes (X)
FRANKLIN TIM
BOARD MEMBER001.00$0$0$0Yes (X)
GEARHART JANE
BOARD MEMBER001.00$0$0$0Yes (X)
HARRIS HEINZELMANN SHARI
BOARD MEMBER001.00$0$0$0Yes (X)
HIGGINS LISA
BOARD FINANCIAL OVERSIGHT CHAIR001.00$0$0$0Yes (X)
KNIGHT CHRISTINA
BOARD MEMBER001.00$0$0$0Yes (X)
KOENIG JEFF
BOARD MEMBER001.00$0$0$0Yes (X)
MAYER LISA
BOARD TREASURER001.00$0$0$0Yes (X)
MCNAIR CONNER
BOARD PRESIDENT001.00$0$0$0Yes (X)
PERKIN LARRY
BOARD MEMBER001.00$0$0$0Yes (X)
PHELAN JOSH
BOARD MEMBER001.00$0$0$0Yes (X)
PURYER MOLLY
BOARD MEMBER001.00$0$0$0Yes (X)
ROGERS STEVE
BOARD VICE PRESIDENT001.00$0$0$0Yes (X)
SEGO TED
BOARD MEMBER PAST PRESIDENT001.00$0$0$0Yes (X)
SORENSEN BRIAN
BOARD SECRETARY001.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$108,727TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$430,397AllOtherContributionsAmt
Total Contributions$430,397TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$83,307TotalRevenueColumnAmt
Exclusion$83,307ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$149,646SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$63,591SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$86,055SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$86,055TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$91,466FundraisingGrossIncomeAmt
Fundraising Direct Expenses$32,732FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$58,734TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$5TotalRevenueColumnAmt
Related Or Exempt Func Income$5RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$5OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$658,498TotalRevenueColumnAmt
Related Or Exempt Func Income$5RelatedOrExemptFuncIncomeAmt
Exclusion$83,307ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$327,459TotalAmt
Program Services$327,459ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$8,261TotalAmt
Program Services$8,261ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$169,146TotalAmt
Program Services$101,488ProgramServicesAmt
Management And General$42,286ManagementAndGeneralAmt
Fundraising$25,372FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,570TotalAmt
Program Services$8,742ProgramServicesAmt
Management And General$5,828ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Fees For Services Prof FundraisingFeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,247TotalAmt
Program Services$748ProgramServicesAmt
Management And General$499ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$19,358TotalAmt
Program Services$7,550ProgramServicesAmt
Management And General$11,421ManagementAndGeneralAmt
Fundraising$387FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,484TotalAmt
Program Services$3,587ProgramServicesAmt
Management And General$449ManagementAndGeneralAmt
Fundraising$448FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$495TotalAmt
Management And General$495ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,374TotalAmt
Program Services$950ProgramServicesAmt
Management And General$1,424ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
BANK CHARGES$4,141$4,141
DUES SUBSCRIPTIONS$6,802$680$5,442$680
MEALS ENTERTAINMENT$2,173$1,304$869
MISCELLANEOUS$4,477$448$4,029

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$78,731TotalAmt
Fundraising$78,731FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$643,718TotalAmt
Program Services$469,125ProgramServicesAmt
Management And General$68,975ManagementAndGeneralAmt
Fundraising$105,618FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$375,186BOYAmt
EOY$309,219EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$171,245BOYAmt
EOY$86,235EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$16,435LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,518LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$6,917EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,254,806BOYAmt
EOY$3,043,533EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,453,395BOYAmt
EOY$1,616,072EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,254,632BOYAmt
EOY$5,061,976EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$28,100BOYAmt
EOY$45,487EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,100BOYAmt
EOY$45,487EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,162,830BOYAmt
EOY$3,711,741EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,063,702BOYAmt
EOY$1,304,748EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,226,532BOYAmt
EOY$5,016,489EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,254,632BOYAmt
EOY$5,061,976EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$14,780ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$773,512NetUnrlzdGainsLossesInvstAmt
Investment Expense-$26,435InvestmentExpenseAmt
Other Changes In Net Assets$28,100OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteefalseAuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$394,824CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$387,337CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$457,252CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$425,448CurrentTaxYearMinus1YearAmt
Current Tax Year$430,397CurrentTaxYearAmt
Total$2,095,258TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$394,824CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$387,337CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$457,252CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$425,448CurrentTaxYearMinus1YearAmt
Current Tax Year$430,397CurrentTaxYearAmt
Total$2,095,258TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,095,258PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$92,756CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$81,286CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,204CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$87,109CurrentTaxYearMinus1YearAmt
Current Tax Year$83,307CurrentTaxYearAmt
Total$425,662TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$260CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,452CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,595CurrentTaxYearMinus1YearAmt
Current Tax Year$5CurrentTaxYearAmt
Total$6,312TotalAmt
FieldValueIRS element (for citing)
Total Support$2,527,232TotalSupportAmt
Public Support CY1700.82910PublicSupportCY170Pct
Public Support PY1700.84920PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Facts And Circumstances TestPart II Section B Line 10 MISCELLANEOUS INCOMEFactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,943,571BeginningYearBalanceAmt
Contributions$268,885ContributionsAmt
Investment Earnings Or Losses$942,870InvestmentEarningsOrLossesAmt
Grants Or Scholarships$366,047GrantsOrScholarshipsAmt
Administrative Expenses$26,440AdministrativeExpensesAmt
End Year Balance$4,762,839EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,967,482BeginningYearBalanceAmt
Contributions$284,377ContributionsAmt
Investment Earnings Or Losses$71,577InvestmentEarningsOrLossesAmt
Grants Or Scholarships$354,451GrantsOrScholarshipsAmt
Administrative Expenses$25,414AdministrativeExpensesAmt
End Year Balance$3,943,571EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,936,464BeginningYearBalanceAmt
Contributions$146,843ContributionsAmt
Investment Earnings Or Losses$251,126InvestmentEarningsOrLossesAmt
Grants Or Scholarships$341,821GrantsOrScholarshipsAmt
Administrative Expenses$25,130AdministrativeExpensesAmt
End Year Balance$3,967,482EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,734,283BeginningYearBalanceAmt
Contributions$68,548ContributionsAmt
Investment Earnings Or Losses$360,859InvestmentEarningsOrLossesAmt
Grants Or Scholarships$202,410GrantsOrScholarshipsAmt
Administrative Expenses$24,816AdministrativeExpensesAmt
End Year Balance$3,936,464EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,595,157BeginningYearBalanceAmt
Contributions$8,636ContributionsAmt
Investment Earnings Or Losses$307,845InvestmentEarningsOrLossesAmt
Grants Or Scholarships$153,944GrantsOrScholarshipsAmt
Administrative Expenses$23,411AdministrativeExpensesAmt
End Year Balance$3,734,283EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.77000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.23000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,412OtherCostOrOtherBasisAmt
Depreciation$495DepreciationAmt
Book Value$6,917BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,023OtherCostOrOtherBasisAmt
Depreciation$9,023DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,917TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescMethod ValuationMethodValuationCdBook ValueBookValueAmt
Financial derivatives and other financial products
Closely-held equity interests
US TREASURIESF
AGENCY BONDSF
CORPORATE BONDSF$1,188,693
MUTUAL FUNDSF$169,467
UNIT TRUSTSF$257,912
FieldValueIRS element (for citing)
Total Book Value Securities$1,616,072TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFederal income taxesDesc
FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,466,407TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$773,512NetUnrealizedGainsInvstAmt
Other Revenue$60,832OtherRevenueAmt
Revenue Not Reported$834,344RevenueNotReportedAmt
Revenue Subtotal$632,063RevenueSubtotalAmt
Investment Expenses Not Incld$26,435InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$26,435RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$658,498TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$676,450TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$32,732OtherExpensesIncludedAmt
Expenses Not Reported$32,732ExpensesNotReportedAmt
Expenses Subtotal$643,718ExpensesSubtotalAmt
Total Expenses Per Form990$643,718TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
X 2The Foundation follows the guidance of Accounting Standards Codification ASC 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more-likely-than-not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Management has analyzed the tax positions taken by the Foundation, and has concluded that, as of June 30, 2021 and 2020, there are no uncertain tax positions taken or expected to be taken.
XI 2DPPP LOAN FORGIVENESS OF 28,100 PLUS DIRECT FUINDRAISING EXPENSE OF 32,732.
XII 2DDIRECT FUNDRAISING EXPENSES.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Fundraising ActivitiesEvent1Nm
Gross Receipts Event1$91,466GrossReceiptsEvent1Amt
Gross Revenue Event1$91,466GrossRevenueEvent1Amt
Rent Facility Costs Event1$3,275RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,973FoodAndBeverageEvent1Amt
Entertainment Event1$3,683EntertainmentEvent1Amt
Other Direct Expenses Event1$22,801OtherDirectExpensesEvent1Amt
Gross Receipts Total$91,466GrossReceiptsTotalAmt
Gross Revenue Total Events$91,466GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$3,275RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,973FoodAndBeverageTotalEventsAmt
Entertainment Total Events$3,683EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$22,801OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$32,732DirectExpenseSummaryEventsAmt
Net Income Summary$58,734NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$5,000ASBELL LEADERSHIP TRAINING
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$9,975FHS IRONWORKER FOR AGRI CLASS
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$8,000ASBELL OUTDOOR LEARNING INFRASTRUCTURE
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$5,000ACCESS TO ONLINE EDUCATION
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$6,500FHS ART SUPPLIES
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$10,040WASHINGTON AFTERSCHOOL PROGRAM
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$6,675JR HIGHS COMPUTERS AND SOFTWARE FOR VIRTUAL CHORUS.
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$6,500ELEMENTERY SCHOOLS BULLYING TRAINING
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$11,500ELEMENTARY SCHOOLS OUTDOOR INFASTRUCTURE
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$5,000FHS WELDING PPE
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$7,160HOLCOMB INSTRUCTIONAL AUDIO SYSTEM
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$134,792CONTRIBUTION TO GENERAL FUND
FAYETTEVILLE PUBLIC SCHOOLS
1000 WEST BULLDOG ROADFAYETTEVILLEAR72701716021514501C3$111,317OTHER GRANTS 5,000
FieldValueIRS element (for citing)
Total Other Org13TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPGrantTypeTxt
Recipient14RecipientCnt
Cash Grant$8,261CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11BA DRAFT OF THE TAX RETURN WAS PROVIDED TO THE PRESIDENT OF THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR FOR APPROVAL PRIOR TO FILING.
Form 990, Part VI, Section C, Line 19ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.