Junior League Of Raleigh Inc
- Assets
- $8.4m
- Revenue
- $889.2k
- Investments
- $1.4m
- Employees
- 8
- Location
- Raleigh, NC
- Founding
- 03/1963
- Data as of
- 05/2021
- EIN
- 56-0562849
Organization Overview
Junior League Of Raleigh Inc is located in Raleigh, NC. The organization was established in 1963. 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 05/2023, Junior League Of Raleigh Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Junior League Of Raleigh 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 05/2021, Junior League Of Raleigh Inc generated $889.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $1.0m during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 3 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING VOLUNTEERISM, DEVELOPING THE POTENTIAL OF WOMEN, AND (CONTINUED ON SCHEDULE O) IMPROVING COMMUNITIES THROUGH THE EFFECTIVE ACTION AND LEADERSHIP OF TRAINED VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICES - DONATIONS TO VARIOUS NON-PROFIT ORGANIZATIONS AND EXPENSES NECESSARY TO ACCOMPLISH PROGRAM SERVICE GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lanier Mcree President | OfficerTrustee | 25 | $0 |
Dr Paulette Evans President-Elect | OfficerTrustee | 5 | $0 |
Lisa Coston Hall Executive Vice President | OfficerTrustee | 25 | $0 |
Lucy Austin At-Large-Director | Trustee | 2 | $0 |
Toni Chatman At-Large-Director | Trustee | 2 | $0 |
Nikiann Gray At-Large-Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $489,161 |
| Investment income | $10,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,980 |
| Net Income from Fundraising Events | $1,258 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $889,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,873 |
| Payroll taxes | $20,508 |
| Fees for services: Management | $13,971 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,250 |
| Advertising and promotion | $3,013 |
| Office expenses | $0 |
| Information technology | $4,855 |
| Royalties | $0 |
| Occupancy | $5,240 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,555 |
| Interest | $73,743 |
| Payments to affiliates | $58,669 |
| Depreciation, depletion, and amortization | $154,241 |
| Insurance | $17,048 |
| All other expenses | $0 |
| Total functional expenses | $1,018,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $582,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,379,256 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,282 |
| Total assets | $8,361,890 |
| Accounts payable and accrued expenses | $70,799 |
| Grants payable | $0 |
| Deferred revenue | $195,994 |
| 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 | $2,188,357 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,219 |
| Total liabilities | $2,461,369 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,900,521 |
Grants Awarded
Over the last fiscal year, Junior League Of Raleigh Inc has awarded $17,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAFECHILD PURPOSE: ASSIST WITH PROGRAM SERVICES | $7,500 |
THE GREEN CHAIR PROJECT PURPOSE: ASSIST WITH PROGRAM SERVICES | $10,000 |