Catawba County Champions Of Education Foundation Inc in Hickory, North Carolina (NC)

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Catawba County Champions Of Education Foundation Inc
Employer Identification Number (EIN)237138915
Name of OrganizationCatawba County Champions Of Education Foundation Inc
In Care of NameLamar Mitchell
Address2550 Hwy 70 S E, Hickory, NC 28602
ActivitiesNon financial services of facilities to other organizations
SubsectionCharitable Organization
Ruling Date11/1971
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$361,363
Amount of Income$91,887
Form 990 Revenue Amount$91,887
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $91,887 (it was $94,746 in 2010)
Catawba County Champions Of Education Foundation Inc: 

 $91,887
Other organizations performing similar types of work: 

 $72,336

Assets in 2011: $361,363 (it was $465,295 in 2010)
This organization: 

 $361,363
Other organizations performing similar types of work: 

 $239,394

Expenses in 2011: $83,648
This organization: 

 $83,648
Other organizations performing similar types of work: 

 $40,888

Income to expenses ratio in 2011: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2011: 95.0%
Catawba County Champions Of Education Foundation Inc: 

 95.0%
Other organizations performing similar types of work: 

 0.1%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$91,887
Contributions, gifts, grants, and similar amounts received$87,297
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$4,590
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$83,648
Total net assets$305,212
Excess for the year$8,239
Net assets or fund balances at beginning of year$367,973
Other changes in net assets or fund balances$-71,000
Balance Sheets (for 2011)
Total assets$361,363
Total liabilities$56,151
Net assets or fund balances$305,212
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sylvester H Reed Memorial TrustPO BOX 1111, Pflugerville, TX 78691-1111TX1998-01$1,242,927
2William Harold Smith Charitable Tr, Smith J Matt Ttee1105 Airport Rd, Marion, NC 28752-5633NC1998-09$1,369,829
3Leighton Frederick Sandys Ford Jr Scholarship Memorial Fund4029 Doves Roost Ct, Charlotte, NC 28211-5047NC1982-04$405,553
4Ruth C Clark Tw Fbo Ruth C Clarkescholarship Fund1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC1981-01$353,693
5Virgil & Mildred Roy Scholarship Fund Tr 700609001 W 4th St 4th Floor, Winston Salem, NC 27101-3818NC1988-07$324,153
6Sponsors For Academic Talent IncPO BOX 233, Jacksonville, NC 28541-0233NC1992-08$129,351
7Warren County Training School-North Warren High School Alumni, Association And FriendsPO BOX 122, Wise, NC 27594-0122NC1995-06$107,536
8Voorhies Scholarship Tr Fund1 W 4th St 4th Fl Mac D4000-041, Winston Salem, NC 27101-3818NC1995-09$91,748
9The Waylin Area Foundation123 N Center St, Mount Olive, NC 28365NC1993-05$69,638
10The Qubein Foundation806 Westchester Dr, High Point, NC 27262-7347NC1993-10$54,576
11Scott Scholarship Trust 1816-169835001 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC1998-08$31,100
12Thomas C Meredith Jr Scholarship Foundation1 W 4th St, Winston Salem, NC 27101-3818NC1995-02$21,006
13International Society For Adult Congenital Cardiac Disease1500 Sunday Drive Ste 102, Raleigh, NC 27607NC1994-09$19,323
14The Claude And Mickie@gable Scholarship TrustPO BOX 3170, Thomasville, NC 27361-3170NC1998-01$16,200
15Rufus Harrell Scholarship Foundation246 Ainsley Rd, Hertford, NC 27944-9478NC1996-04$6,194
16Holliday Educational Foundation103 Rockview Lane, Morganton, NC 28655NC1992-04$2,552
17Anthroposophical Society In North Carolina IncP O Box 16024, Chapel Hill, NC 27516-6024NC1997-09$0
18Carolina-Virginia Reading Service IncorporatedP O Box 717, Roanoke Rapids, NC 27870NC1997-04$0
19Charles E Harris Memorial Scholarship Fund3618 Mossdale Avenue, Durham, NC 27707NC1998-04$0
20Citizens For Media Literacy Inc, Citizens For Media Literacy34 Wall Street, Asheville, NC 28801-2725NC1994-09$0
Number of organizations performing similar types of work
Alaska15
Alabama29
Arkansas27
Arizona42
California252
Colorado46
Connecticut69
District of Columbia36
Delaware10
Florida151
Georgia78
Hawaii18
Iowa52
Idaho15
Illinois193
Indiana80
Kansas57
Kentucky48
Louisiana26
Massachusetts102
Maryland74
Maine15
Michigan138
Minnesota61
Missouri93
Mississippi12
Montana14
North Carolina100
North Dakota5
Nebraska30
New Hampshire12
New Jersey147
New Mexico15
Nevada16
New York202
Ohio188
Oklahoma33
Oregon38
Pennsylvania160
Rhode Island22
South Carolina36
South Dakota7
Tennessee42
Texas251
Utah11
Virginia136
Vermont9
Washington68
Wisconsin96
West Virginia21
Wyoming9
International5
Total3,412

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