CLARK JAMES FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: CLARK JAMES FOUNDATION INC (EIN 35-2364483)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-03-09
IRS object ID: 201200699349300730
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

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

Return header
Form 990
Schedule A
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-09T12:35:11-06:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EARNEY & COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	710 MILITARY CUTOFF RD STE 250	AddressLine1
City	WILMINGTON	City
State	NC	State
ZIP Code	284058364	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	352364483	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE CLARK JAMES FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CLAR	NameControl
Phone	9104522217	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1472	AddressLine1
City	WILMINGTON	City
State	NC	State
ZIP Code	28402	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	REV RON ABRAMS	Name
Title	SECRETARY	Title
Phone	9104522217	Phone
Date Signed	2012-03-09	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CHARLES L EARNEY CPA	Name
Phone	9102569995	Phone
Date Prepared	2012-03-09	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BILL FULLER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1472	AddressLine1
City	WILMINGTON	City
State	NC	State
ZIP Code	28402	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	156987	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	HTTP://CLARKJAMESFOUNDATION.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2010	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	THE CORPORATION IS ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF GOOD SHEPHERD MINISTRIES OF WILMINGTON, INC.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	4513189	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	63955	InvestmentIncomePriorYear
Investment Income Current Year	156987	InvestmentIncomeCurrentYear
Other Revenue Prior Year	213086	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	4790230	TotalRevenuePriorYear
Total Revenue Current Year	156987	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	100000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	195000	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	101	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4797	OtherExpensePriorYear
Other Expenses Current Year	3169	OtherExpensesCurrentYear
Total Expenses Prior Year	104797	TotalExpensesPriorYear
Total Expenses Current Year	198169	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	4685433	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-41182	RevenuesLessExpensesCY
Total Assets BOY	4685433	TotalAssetsBOY
Total Assets EOY	4313101	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4685433	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4313101	NetAssetsOrFundBalancesEOY
Mission Description	THE CORPORATION IS ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF GOOD SHEPHERD MINISTRIES OF WILMINGTON, INC.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	197125	Expense
Grants	195000	Grants
Description	THE CORPORATION IS ORGANIZED, AND AT ALL TIMES SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF GOOD SHEPHERD MINISTRIES OF WILMINGTON, INC.	Description
Total Program Service Expense	197125	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NC	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BILL FULLER	NamePerson
Telephone Number	9104522217	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	16 NORTH FIFTH AVENUE	AddressLine1
City	WILMINGTON	City
State	NC	State
ZIP Code	28401	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DEBBIE ELLIOT
DIRECTOR	4.00	X	0	0	0
BILL FULLER
DIRECTOR	4.00	X	0	0	0
C FRANKLIN FURR
DIRECTOR	4.00	X	0	0	0
CANDY HARPER
DIRECTOR	4.00	X	0	0	0
STEPHEN MEINHOLD
DIRECTOR	4.00	X	0	0	0
J DICKSON MCLEAN
DIRECTOR	4.00	X	0	0	0
REVEREND RON ABRAMS
SECRETARY	4.00	X	0	0	0
ROB WAGNER
DIRECTOR	4.00	X	0	0	0
RYAL TAYLOE
DIRECTOR	4.00	X	0	0	0
KEVIN JACQUES
DIRECTOR	4.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	156987	TotalRevenueColumn
Related Or Exempt Function Income	156987	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	156987	TotalRevenueColumn
Related Or Exempt Function Income	156987	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	195000	Total
Program Services	195000	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	167	Total
Program Services	83	ProgramServices
Management And General	67	ManagementAndGeneral
Fundraising	17	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
SUPPLIES	1000	760	200	40
ACCOUNTING	915	457	458
BROCHURES	688	522	138	28
GRAPHIC DESIGN	284	216	57	11

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	115	Total
Program Services	87	ProgramServices
Management And General	23	ManagementAndGeneral
Fundraising	5	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	198169	Total
Program Services	197125	ProgramServices
Management And General	943	ManagementAndGeneral
Fundraising	101	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	23728	BOY
EOY	54804	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4661705	BOY
EOY	4258297	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	4685433	BOY
EOY	4313101	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4685433	BOY
EOY	4313101	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4685433	BOY
EOY	4313101	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4685433	BOY
EOY	4313101	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-41182	ReconcilationRevenueExpenses
Reconcilation Other Changes	-331150	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	X	SupportingOrganization509a3
Supporting Org509a3 Type3 Other	X	SupportingOrg509a3Type3Other
Certification Checkbox	X	CertificationCheckbox
Written IRS Determination	X	WrittenIRSDetermination
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GOOD SHEPHERD MINISTRIES OF WILMINGOTN INC	BusinessNameLine1
Business Name Line2	7	BusinessNameLine2

Field	Value	IRS element (for citing)
EIN	561566178	EIN
Type Of Organization	7	TypeOfOrganization
Listed In Governing Doc	true	ListedInGoverningDoc
Supported Organization Notified	true	SupportedOrganizationNotified
Organized In US	true	OrganizedInUS
Amount	$195,000	Amount

Field	Value	IRS element (for citing)
Total Number Of Supported Orgs	1	TotalNumberOfSupportedOrgs
Sum Of Amounts	195000	SumOfAmounts

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	GOOD SHEPHERD MINISTRIES OF WILM	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	811 MARTIN STREET	AddressLine1
City	WILMINGTON	City
State	NC	State
ZIP Code	28401	ZIPCode

Field	Value	IRS element (for citing)
Amount Of Cash Grant	195000	AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	PRESIDENT AND TREASURER SELECTED CPA FIRM TO ASSIST WITH 990 PREPARATION AND FILING. THE PRESIDENT AND TREASURER REVIEWED THE 990 THEN AUTHORIZED CPA FIRM TO EFILE THE RETURN.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	REQUIRES BOARD MEMBERS TO DISCLOSE ANY KNOWN CONFLICTS. REQUIRES CONFLICTS TO BE RESOLVED BY BOARD. REQUIRES CONFLICTED MEMBERS TO ABSTAIN FROM ALL CONVERSATION AND VOTING ON MATTERS RELATED TO THE CONFLICT.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	NO PAID EMPLOYEES.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	NO PAID EMPLOYEES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC