Greensboro College Foundation

Greensboro, NC
Tax-exempt since March 1999
EIN: 56-2077641

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Revenue

$32.3k (2023)

Expenses

$78.2k (2023)

Total Assets

$1.76M (2023)

Total Liabilities

$223k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$32,278

Expenses

$78,227

Net Income

-$45,949

Net Assets

$1,538,043

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$32,278	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,761,130
Total Liabilities	$223,087
Net Assets	$1,538,043

Compensation

Key Employees and Officers	Compensation	Related	Other
Ms Beth Fonorrow (President (Jan June 2021))	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$128,361	$13,989
Thomas Clawson (Treasurer)	$0	$0	$0
Chris Elmore (Former Second Vice President, Vp)	$0	$132,910	$7,065

+ View more people

990

Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$26,147

Expenses

$91,272

Net Income

-$65,125

Net Assets

$1,432,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$26,147	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,651,066
Total Liabilities	$218,693
Net Assets	$1,432,373

Compensation

Key Employees and Officers	Compensation	Related	Other
Ms Beth Fonorrow (President (Jan June 2021))	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp)	$0	$127,945	$6,824
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$126,527	$13,989
Thomas Clawson (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$119,315

Expenses

$54,204

Net Income

$65,111

Net Assets

$1,808,722

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$25,261	21.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$94,054	78.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,009,357
Total Liabilities	$200,635
Net Assets	$1,808,722

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President (Jul Dec 2020))	$0	$0	$0
Ms Beth Fonorrow (President (Jan June 2021))	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp)	$0	$125,929	$6,721
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$120,757	$13,905
Thomas Clawson (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 5, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$85,103

Expenses

$60,962

Net Income

$24,141

Net Assets

$1,392,608

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$31,600	37.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$53,503	62.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,586,234
Total Liabilities	$193,626
Net Assets	$1,392,608

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp)	$0	$118,716	$6,622
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$119,160	$6,254
Frederick Jones (Treasurer (July Dec 2019))	$0	$0	$0
Thomas Clawson (Treasurer (Jan June 2020))	$0	$0	$0

+ View more people

990

Filed on May 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$101,223

Expenses

$56,555

Net Income

$44,668

Net Assets

$1,403,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$500	0.5%
Program Services	$0
Investment Income	$34,189	33.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$66,534	65.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,602,270
Total Liabilities	$198,507
Net Assets	$1,403,763

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp)	$0	$111,692	$6,408
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$116,190	$6,067
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2018

Revenue

$79,269

Expenses

$56,537

Net Income

$22,732

Net Assets

$1,358,082

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$30,248	38.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$49,021	61.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,564,671
Total Liabilities	$206,589
Net Assets	$1,358,082

Compensation

Key Employees and Officers	Compensation	Related	Other
Anne Hurd (Secretary, Vp Of Advanceme)	$115,716	$0	$5,517
Chris Elmore (Second Vice President, Vp)	$110,522	$0	$6,151
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 10, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2017

Revenue

$123,040

Expenses

$18,509

Net Income

$104,531

Net Assets

$1,313,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$76,644	62.3%
Program Services	$0
Investment Income	$19,717	16.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$26,679	21.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,493,853
Total Liabilities	$180,517
Net Assets	$1,313,336

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp)	$0	$89,230	$6,054
Anne Hurd (Secretary, Vp Of Advanceme)	$0	$118,140	$5,421
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2016

Revenue

$52,706

Expenses

$19,838

Net Income

$32,868

Net Assets

$1,110,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$23,333	44.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$29,373	55.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,270,298
Total Liabilities	$159,501
Net Assets	$1,110,797

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President, Vp Of Finance)	$0	$89,219	$5,963
Anne Hurd (Secretary, Vp Of Advancement)	$0	$42,051	$1,148
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 12, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2015

Revenue

$39,679

Expenses

$21,121

Net Income

$18,558

Net Assets

$1,165,811

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$15,854	40.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$23,825	60.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,325,215
Total Liabilities	$159,404
Net Assets	$1,165,811

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President)	$0	$89,215	$6,304
Michelle Davis (Secretary)	$0	$77,985	$6,304
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on May 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2014

Revenue

$55,602

Expenses

$28,119

Net Income

$27,483

Net Assets

$1,145,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$25,429	45.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,173	54.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,302,045
Total Liabilities	$156,526
Net Assets	$1,145,519

Compensation

Key Employees and Officers	Compensation	Related	Other
Frank H Ison (President)	$0	$0	$0
Lynn Lane (First Vice President)	$0	$0	$0
Chris Elmore (Second Vice President)	$0	$86,770	$5,325
Michelle Davis (Secretary)	$0	$56,546	$5,325
Frederick Jones (Treasurer)	$0	$0	$0

+ View more people

990

Filed on April 20, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2013

Revenue

$109,104

Expenses

$39,174

Net Income

$69,930

Net Assets

$933,094

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$50,871	46.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$58,233	53.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,174,744
Total Liabilities	$241,650
Net Assets	$933,094

990

Filed on July 2, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2012

Revenue

$54,211

Expenses

$41,413

Net Income

$12,798

Net Assets

$1,310,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$41,047	75.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$13,164	24.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,529,926
Total Liabilities	$219,779
Net Assets	$1,310,147

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$73,714

Expenses

$41,893

Net Income

$31,821

Net Assets

$1,309,325

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,000	6.8%
Program Services	$0
Investment Income	$54,041	73.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,673	19.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,547,975
Total Liabilities	$238,650
Net Assets	$1,309,325

990

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Greensboro College Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $32.3k (2023)

Expenses $78.2k (2023)

Total Assets $1.76M (2023)

Total Liabilities $223k (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2011

Revenue

$32.3k (2023)

Expenses

$78.2k (2023)

Total Assets

$1.76M (2023)

Total Liabilities

$223k (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001