Gfwc Of North Carolina Inc
- Assets
- $1.4m
- Revenue
- $315.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Raleigh, NC
- Founding
- 12/1981
- Data as of
- 06/2022
- EIN
- 56-0466492
Organization Overview
Gfwc Of North Carolina Inc is located in Raleigh, NC. The organization was established in 1981. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Gfwc Of North Carolina Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gfwc Of North Carolina Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Gfwc Of North Carolina Inc generated $315.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $218.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE MEMBER CLUBS INTO A STATEWIDE CHARITABLE ORGANIZATION OF VOLUNTEERS FOR THE PROMOTION OF EDUCATION, COMMUNITY SERVICE, FELLOWSHIP, AND LEADERSHIP DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EFFORTS TOWARD COORDINATING THE STATE'S WOMEN'S CLUBS INCLUDING MEETINGS, COVENTION EXPENDITURES, MAGAZINE COSTS AND PROMOTING COMMUNITY SERVICES PROGRAMS THROUGH ARTS & CULTURE, CIVIC & ENGAGEMENT, EDUCATION & LIBRARIES, ENVIRONMENT, AND HEALTH & WELLNESS.
SCHOLARSHIPS: SALLIE SOUTHALL COTTEN IS A FOUR YEAR ANNUAL SCHOLARSHIP GIVEN TO AN ACADEMIC AND WELL-ROUNDED STUDENT. COMPETITION IS BASED ON THE NINE DISTRICT WINNERS WHICH ARE ALL INTERVIEWED AND JUDGED AT THE ANNUAL GFWC-NC STATE ARTS FESTIVAL. THE GFWC-NC GREESON-JOHNSON TEACHING SCHOLARSHIP IS A 2,000 SCHOLARSHIP AWARDED ANNUALLY AT APPALACHIAN STATE UNIVERSITY TO A JUNIOR OR SENIOR STUDENT FROM NORTH CAROLINA WHO IS ENROLLED IN THE TEACHER EDUCATION PROGRAM WITHIN THE REICH COLLEGE OF EDUCATION.
ARTS FESTIVAL: HELD ANNUALLY, IT IS A CELEBRATION OF THE ARTS WHICH IS NEARLY AS OLD AS OUR ORGANIZATION. COMPETITION AND VARIOUS MEDIUMS BASED ON DISTRICT WINNERS ARE HELD FOR BOTH CLUBWOMEN AND STUDENTS. STUDENT WINNERS RECEIVE SCHOLARSHIPS. THE ONE DAY EVENT IS HELD AT COMMUNITY CENTER, MEBANE, NC. WINNERS ARE FROM THE ENTIRE STATE AND IT IS ADVERTISED IN OUR GFWC-NC ADMINISTRATION BOOK WHICH LOCAL CLUBS SHARE WITH THEIR AREA SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Dedene Executive Di | Officer | 30 | $29,974 |
Ellen Creasman Junior Secre | Officer | 1 | $0 |
Heather Bolick Recording Se | Officer | 1 | $0 |
Kim Fulcher President-El | Officer | 1 | $0 |
Hope Hockaday Direct-Elect | Officer | 1 | $0 |
Pam Mediano Dean Comm Se | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,387 |
| Fundraising events | $18,915 |
| Related organizations | $0 |
| Government grants | $11,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,823 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,875 |
| Total Program Service Revenue | $44,309 |
| Investment income | $23,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,933 |
| Net Income from Fundraising Events | $9,425 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $315,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,974 |
| Compensation of current officers, directors, key employees. | $7,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,497 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,767 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,027 |
| Information technology | $5,343 |
| Royalties | $0 |
| Occupancy | $3,862 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,603 |
| Interest | $0 |
| Payments to affiliates | $32,305 |
| Depreciation, depletion, and amortization | $406 |
| Insurance | $1,675 |
| All other expenses | $440 |
| Total functional expenses | $218,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,241 |
| Savings and temporary cash investments | $50,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $257 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,974 |
| Prepaid expenses and deferred charges | $7,283 |
| Net Land, buildings, and equipment | $1,202 |
| Investments—publicly traded securities | $1,184,255 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,367,754 |
| Accounts payable and accrued expenses | $9,863 |
| Grants payable | $17,812 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $27,675 |
| Net assets without donor restrictions | $220,405 |
| Net assets with donor restrictions | $1,119,674 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,367,754 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gfwc Of North Carolina Inc has recieved totaling $600.
| Awarding Organization | Amount |
|---|---|
Triplett Fam Foundation Tr Parrish, FL PURPOSE: CHARITABLE | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $1,144,918 |
| Earnings | -$173,791 |
| Net Contributions | $12,702 |
| Other Expense | $21,660 |
| Ending Balance | $962,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior League Of Nashville Inc Nashville, TN | $21,412,048 | $1,185,359 |
Ladies Of Charity Knoxville, TN | $2,246,400 | $2,172,549 |
Junior League Of Raleigh Inc Raleigh, NC | $8,361,890 | $889,174 |
National Coalition Of 100 Black Women Inc Atlanta, GA | $2,147,155 | $1,152,800 |
Mid-South Minority Council Tadp Memphis, TN | $401,918 | $928,283 |
Junior League Of Memphis Inc Memphis, TN | $3,746,394 | $974,091 |
Junior League Of Richmond Virginia Richmond, VA | $4,240,848 | $783,625 |
Junior League Of Atlanta Inc Atlanta, GA | $5,094,960 | $1,446,337 |
Junior League Columbia Inc Columbia, SC | $1,082,372 | $548,119 |
Junior League Of Greenville Inc Greenville, SC | $2,206,225 | $766,827 |
Junior League Of Charlotte Inc Charlotte, NC | $1,761,446 | $593,563 |
Junior League Of Greensboro Inc Greensboro, NC | $1,325,625 | $447,538 |