2018-11-15T14:40:17-06:00 2017-12-31 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2017-01-01 463891359 CLEARPATH FOUNDATION INC CLEA 7049450487 1355 GREENWOOD CLIFF DRIVE STE 301 CHARLOTTE NC 28204 RICH POWELL EXECUTIVE DIRECTOR 7049450487 2018-11-09 1 SANDI O THORMAN P00269723 7043770239 2018-11-09 207.235.64.54 2018-11-09 16:57:23 ES P C118BF23A870C086DB115789E233927E5173F526 C118BF23A870C086DB115789E233927E5173F526 2017 2019-02-21 02:37:17Z RICH POWELL 1355 GREENWOOD CLIFF DRIVE STE 301 CHARLOTTE NC 28204 152904982 0 X CLEARPATH.ORG X 2013 NC TO SHARE IDEAS, INFORMATION AND RESOURCES THAT INSPIRE AND ENABLE GROUPS TO CHANGE THE WORLD. 5 4 16 0 239866 208769 0 0 0 0 8254523 783835 564036 0 8818559 783835 4695830 4827023 0 0 1926227 2743513 0 0 0 6084573 4661327 12706630 12231863 -3888071 -11448028 158459709 164364006 510636 71890 157949073 164292116 ACCELERATE AMERICA'S CLEAN ENERGY FUTURE WITH CONSERVATIVE SOLUTIONS. 0 0 10170736 4827023 THROUGH FINANCIAL ASSISTANCE AND EDUCATIONAL PROGRAMS, CLEARPATH FOUNDATION, INC. PROVIDED EXTENSIVE RESEARCH AND ANALYSIS TO THE GENERAL PUBLIC, FEDERAL AND STATE GOVERNMENT POLICY MAKERS ON THE BENEFITS OF CLEAN ENERGY SOLUTIONS, ENHANCED THE ABILITY OF FAITH-BASED PUBLIC CHARITIES TO SCALE UP THEIR SOCIAL IMPACT, AND SUPPORT CLEAN ENERGY PROGRAMS BY OTHER PUBLIC CHARITIES. N/A N/A 10170736 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 34 0 1 16 1 1 1 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 X JAY W FAISON 7049450487 1355 GREENWOOD CLIFF DRIVE SUITE CHARLOTTE NC 28204 JAY W FAISON PRESIDENT 5.00 X X 0 0 0 MARYE LORD BOARD MEMBER 2.00 X 0 0 0 SAM THERMSTROM BOARD MEMBER 2.00 X 0 0 0 HOLLY WELCH STUBBING BOARD MEMBER 2.00 X 0 0 0 DAVID LEWIS SECRETARY 2.00 X 0 0 0 THOMAS ALLISON HUNTER IV BOARD MEMBER 2.00 X 0 0 0 WILLIAM CLEMENTS DIRECTOR 2.00 X 0 0 0 RICHARD POWELL EXECUTOR DIRECTOR 40.00 X 528280 0 18518 ZAKIR A BAIG MANAGING DIRECTOR - GOVERN 40.00 X 360774 0 1303 MARK T BRUINOOGE MANAGING DIRECTOR - FINANC 40.00 X 366171 0 18308 JEREMY B HARRELL MANAGING DIRECTOR - POLICY 40.00 X 152450 0 3893 DARREN GOODE COMMUNICATIONS DIRECTOR 40.00 X 160200 0 899 JEFFREY A MOREHOUSE GOVERNMENT AFFAIRS DIRECTOR 40.00 X 238828 0 11793 JUSTIN C ONG POLICY ASSOCIATES 40.00 X 101902 0 6969 1908605 0 61683 7 0 1 0 ANTHRO 68 JAY STREET BROOKLYN NY 11201 MARKETING 1286993 WATERMARK SERVICES 1355 GREENWOOD CLIFF SUITE 300 CHARLOTTE NC 28204 ACCOUNTING AND SUBLEASE 511016 BPP CAPITAL LLC 1355 GREENWOOD CLIFF SUITE 300 CHARLOTTE NC 28204 INVESTMENT ADVISORY 286052 MAIN PILLSBURY WINTHROP SHAW PITTMAN LL 333 COMMERCE STREET SUITE 1300 NASHVILLE TN 37201 LEGAL 193456 CLARK HILL PLC 1001 PENNSYLVANIA AVENUE NW WASHINGTON DC 20004 LEGAL 150939 5 920278 239866 680412 23756726 128227978 22334863 129786284 1421863 -1558306 -136443 -136443 783835 0 239866 543969 X 4827023 4827023 1970288 1553346 416942 522328 406302 116026 94323 72629 21694 156574 120562 36012 514903 514903 221947 221947 355252 355252 1993212 1989045 4167 68749 68749 196622 143429 53193 72483 55812 16671 200475 153804 46671 368737 283927 84810 152065 152065 7404 5701 1703 UBTI STATE INCOME TAXES 6900 6900 ACCRUAL TO CASH ADJUSTM 345300 345300 DUES AND SUBSCRIPTIONS 48530 48530 TRAINING AND EDUCATION 37768 29081 8687 70980 67496 3484 12231863 10170736 2061127 0 19145450 30002467 253469 62114 23495 3286062 384304 3053822 2901758 35505563 30413130 97692760 100769687 3000000 0 158459709 164364006 320524 68189 190112 3701 510636 71890 X 0 0 0 0 157949073 164292116 157949073 164292116 158459709 164364006 X -11448028 17226682 -41863 606252 X 0 1 X 0 0 X X X 4 FOUNDATION FOR THE CAROLINAS 566047886 7 1 12500 0 NATIONAL CHRISTIAN CHARITABLES FOUNDATION INC 581493949 7 1 329300 0 ENERGY INNOVATION REFORM PROJECT 461491204 7 1 66223 0 THE MENTORING ALLIANCE 752541408 7 1 100000 0 4 508023 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, LINE 1 THE AMENDED ARTICLES DESIGNATES SUPPORTED ORGANIZATIONS BY NAME AND BY TYPE. MORE SPECIFICALLY, THE ORGANIZATION SHALL MAKE CHARITABLE CONTRIBUTIONS TO SPECIFIC ORGANIZATIONS LISTED IN THE ARTICLES OR TO SUCH OTHER ORGANIZATIONS THAT ARE EXEMPT FROM UNITED STATES FEDERAL INCOME TAXES UNDER SECTION 501(A) AND 501(C) OF THE INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF SUBSEQUENT INTERNAL REVENUE LAW. PART IV, LINE 5A THE ARTICLES OF INCORPORATION AND BYLAWS WERE AMENDED TO REMOVE THE FOUNDATION FOR THE CAROLINAS (56-6047886) AS A SUPPORTED ORGANIZATION AND REPLACE IT WITH THE MENTORING ALLIANCE, INC. (75-2541408). THE MISSION OF THE MENTORING ALLIANCE, INC. ALIGNS BETTER WITH THE GOALS OF THE ORGANIZATION. 1 1 2497821 96070 2401751 347087 60431 286656 129008 77393 51615 312146 150410 161736 2901758 INVESTMENTS IN VARIOUS NON-PUBLICLY TRADED PARTNERSHIPS AND CORPORATIONS 100769687 F 100769687 CREDIT CARD PAYABLE 3701 3701 X 18005838 17226682 345715 17572397 433441 350394 350394 783835 11620931 0 11620931 610932 610932 12231863 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENT. THE ORGANIZATION RECORDS LIABILITIES FOR INCOME TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORTIES AS OF DECEMBER 31, 2017. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF DECEMBER 31, 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX INVESTMENT LOSS 345,715. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE ON INTEREST INCOME 151,418. BOOK/TAX DIFFERENCE ON DIVIDEND INCOME 67,126. INCOME FROM PASS-THROUGH INVESTMENTS 131,850. PART XII, LINE 4B - OTHER ADJUSTMENTS: UBTI - FEDERAL INCOME TAX OVERPAYMENT 12,163. ACCRUAL TO CASH ADJUSTMENT 598,769. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENT IN PASSIVE FOREIGN INVESTMENT COMPANIES N/A 81832774 0 0 0 0 0 0 81832774 0 81832774 1 0 0 1 0 0 0 ENERGY INNOVATION REFORM PROJECT 1200 18TH ST NW SUITE 801 WASHINGTON DC 20036 461491204 501C(3) 66223 SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES FOUNDATION FOR THE CAROLINAS 220 NORTH TRYON STREET CHARLOTTE NC 28202 566047886 501C(3) 12500 SUPPORT COMMUNITY INITIATIVES SCHWAB CHARITABLE 1958 SUMMIT PARK DR SUITE 200 ORLANDO FL 32810 311640316 501C(3) 4169000 SUPPORT FOR CLEAN ENERGY INITIATIVES THE NATIONAL CHRISTIAN FOUNDATION 11625 RAINWATER DRIVE SUITE 500 ALPHARETTA GA 30009 581493949 501C(3) 329300 SUPPORT FAITH BASED INITIATIVES THE GREENLIGHT FUND 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 200407083 501C(3) 150000 SUPPORT OF COMMUNITY INITIATIVES THE MENTORING ALLIANCE 504 W 32ND STREET TYLER TX 75702 752541408 501C(3) 100000 SUPPORT OF COMMUNITY INITIATIVES 1 X 0 0 0 0 0 0 0 0 0 RICHARD POWELL EXECUTOR DIRECTOR 528280 0 0 0 0 0 0 0 18518 0 546798 0 0 0 ZAKIR A BAIG MANAGING DIRECTOR - GOVERN 360774 0 0 0 0 0 0 0 1303 0 362077 0 0 0 MARK T BRUINOOGE MANAGING DIRECTOR - FINANC 366171 0 0 0 0 0 0 0 18308 0 384479 0 0 0 JEREMY B HARRELL MANAGING DIRECTOR - POLICY 152450 0 0 0 0 0 0 0 3893 0 156343 0 0 0 DARREN GOODE COMMUNICATIONS DIRECTOR 160200 0 0 0 0 0 0 0 899 0 161099 0 0 0 JEFFREY A MOREHOUSE GOVERNMENT AFFAIRS DIRECTOR 238828 0 0 0 0 0 0 0 11793 0 250621 0 0 0 MARK T BRUINOOGE OFFICER 377458 ACCOUNTING AND HR SERVICES 0 MARK T BRUINOOGE OFFICER 133558 SUBLEASE OFFICE SPACE 0 PART IV MARK T. BRUINOOGE OWNED MAJORITY INTEREST IN WATERMARK SERVICES, LLC DURING 2017. WATERMARK SERVICES, LLC SPECIALIZES IN PROVIDING OUTSOURCED ACCOUNTING AND OTHER BACK OFFICE SERVICES FOR INDIVIDUALS AND BUSINESSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SELECT OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS AND A COPY IS AVAILABLE UPON REQUEST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT MONITORS CONFLICT OF INTEREST THROUGH A MONTHLY EVALUATION OF ALL ORGANIZATION INITIATIVES AGAINST OUR APPROVED STRATEGIC PLAN. INITIATIVES ARE EVALUATED FOR IMPACT AGAINST OUR STRATEGIC PLAN WHICH IS UPDATED AND PRESENTED AT QUARTERLY BOARD MEETINGS. BOARD MEMBERS HAVE THE OPPORTUNITY TO EVALUATE ALL FINANCIAL AND BUSINESS DEALINGS THAT SUPPORT THE ORGANIZATION ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT REVIEWS ALL SALARIES & COMPENSATION ANNUALLY. THE BOARD OF DIRECTORS APPROVES THE BUDGETS. COMPARABILITY DATA IS USED IN THE COMPENSATION PLANNING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G WEBSITE AND TECHNOLOGY CONSULTING: PROGRAM SERVICE EXPENSES 154,515. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 154,515. PR AND COMMUNICATIONS CONSULTING: PROGRAM SERVICE EXPENSES 1,579,474. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,579,474. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 12,394. MANAGEMENT AND GENERAL EXPENSES 3,702. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,096. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 241,104. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 241,104. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 1,558. MANAGEMENT AND GENERAL EXPENSES 465. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,023. FORM 990, PART XI, LINE 9: UBTI - FEDERAL INCOME TAX 12,163. ACCRUAL TO CASH ADJUSTMENT 598,769. OTHER INVESTMENT INCOME -4,680. SPARK HOLDINGS LLC 1355 GREENWOOD CLIFF DRIVE STE 301 CHARLOTTE NC 28204 454359460 INVESTMENT NC 0 0 CLEARPATH FOUNDATION INC CPF HOLDINGS LLC 300 NEW JERSEY AVENUE SUITE 907 WASHINGTON DC DC 20001 300941167 REAL ESTATE HOLDING COMPANY DC 0 2708170 CLEARPATH FOUNDATION INC