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Ferree Educational & Welfare Fund

Organization summary

Type of Nonprofit

Designated as a 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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$97.6k (2024)

Expenses
$95.5k (2024)

Total Assets
$2.23M (2024)

Total Liabilities
$2.38k (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$97,621
Expenses
$95,526
Net Income
$2,095
Net Assets
$2,224,987
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,495
28.2%
Sales of Assets $34,875
35.7%
Other Income $35,251
36.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,536
83.3%
Compensation of Officers* $16,396
17.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,227,364
Total Liabilities $2,377
Net Assets $2,224,987
Compensation
Key Employees and Officers Compensation Other
Linda Cranford (Executive Director) $16,396 $0
Dr Aaron Woody Super Of City School (Trustee) $0 $0
David Smith Mayor Of Asheboro (Trustee) $0 $0
Mike King Market Pres Wells Fargo (Treasurer) $0 $0
W Mcduffy Johnson The Welsh Group (Trustee) $0 $0
Steven Gainey Super Of Cty School (Chairman) $0 $0
Tracie Murphy Director Dss (Trustee) $0 $0
Darrell Frye Rand Cty Board Of Com (Trustee) $0 $0
Michael Smith Asheboro City Boe (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$116,271
Expenses
$108,723
Net Income
$7,548
Net Assets
$2,145,405
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,004
23.2%
Sales of Assets $39,568
34.0%
Other Income $49,699
42.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $87,216
80.2%
Compensation of Officers* $16,396
15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,163,220
Total Liabilities $17,815
Net Assets $2,145,405
Compensation
Key Employees and Officers Compensation Other
Linda Cranford (Executive Director) $16,396 $0
Dr Aaron Woody Super Of City School (Trustee) $0 $0
David Smith Mayor Of Asheboro (Trustee) $0 $0
Mike King Market Pres Wells Fargo (Treasurer) $0 $0
W Mcduffy Johnson The Welsh Group (Trustee) $0 $0
Steven Gainey Super Of Cty School (Chairman) $0 $0
Tracie Murphy Director Dss (Trustee) $0 $0
Darrell Frye Rand Cty Board Of Com (Trustee) $0 $0
Michael Smith Asheboro City Boe (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$105,489
Expenses
$132,488
Net Income
-$26,999
Net Assets
$2,033,019
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,206
23.9%
Sales of Assets $32,751
31.0%
Other Income $47,532
45.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $86,223
65.1%
Compensation of Officers* $16,396
12.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,051,664
Total Liabilities $18,645
Net Assets $2,033,019
Compensation
Key Employees and Officers Compensation Other
Linda Cranford (Executive Director) $16,396 $0
Dr Aaron Woody Super Of City School (Trustee) $0 $0
David Smith Mayor Of Asheboro (Trustee) $0 $0
Mike King Market Pres Wells Fargo (Treasurer) $0 $0
W Mcduffy Johnson The Welsh Group (Trustee) $0 $0
Steven Gainey Super Of Cty School (Chairman) $0 $0
Tracie Murphy Director Dss (Trustee) $0 $0
Darrell Frye Rand Cty Board Of Com (Trustee) $0 $0
Michael Smith Asheboro City Boe (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$134,042
Expenses
$117,494
Net Income
$16,548
Net Assets
$2,299,363
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,379
17.4%
Sales of Assets $65,098
48.6%
Other Income $45,565
34.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,169
69.1%
Compensation of Officers* $16,396
14.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,309,650
Total Liabilities $10,287
Net Assets $2,299,363
Compensation
Key Employees and Officers Compensation Other
Linda Cranford (Executive Director) $16,396 $0
Dr Aaron Woody Super Of City School (Trustee) $0 $0
David Smith Mayor Of Asheboro (Trustee) $0 $0
Mike King Market Pres Wells Fargo (Treasurer) $0 $0
W Mcduffy Johnson The Welsh Group (Trustee) $0 $0
Steven Gainey Super Of Cty School (Chairman) $0 $0
Tracie Murphy Director Dss (Trustee) $0 $0
Darrell Frye Rand Cty Board Of Com (Trustee) $0 $0
Michael Smith Asheboro City Boe (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,110
Expenses
$113,785
Net Income
-$23,675
Net Assets
$2,217,058
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13
0.0%
Dividends $27,925
31.0%
Sales of Assets $19,845
22.0%
Other Income $42,327
47.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,624
71.7%
Compensation of Officers* $16,396
14.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,225,301
Total Liabilities $8,243
Net Assets $2,217,058
Compensation
Key Employees and Officers Compensation Other
Linda Cranford (Executive Director) $16,396 $0
Dr Aaron Woody Super Of City School (Chairman) $0 $0
David Smith Mayor Of Asheboro (Trustee) $0 $0
Mike King Market Pres Wells Fargo (Treasurer) $0 $0
W Mcduffy Johnson The Welsh Group (Trustee) $0 $0
Steven Gainey Super Of Cty School (Trustee) $0 $0
Tracie Murphy Director Dss (Trustee) $0 $0
Darrell Frye Rand Cty Board Of Com (Trustee) $0 $0
Gidget Kidd Asheboro City Board Of (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$105,100
Expenses
$119,692
Net Income
-$14,592
Net Assets
$2,138,665
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $31
0.0%
Dividends $29,150
27.7%
Sales of Assets $36,029
34.3%
Other Income $39,890
38.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $88,224
73.7%
Compensation of Officers* $15,030
12.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,144,206
Total Liabilities $5,541
Net Assets $2,138,665

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$80,662
Expenses
$166,296
Net Income
-$85,634
Net Assets
$2,102,463
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13
0.0%
Dividends $31,852
39.5%
Sales of Assets $8,866
11.0%
Other Income $39,931
49.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,851
49.2%
Compensation of Officers* $16,396
9.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,102,893
Total Liabilities $430
Net Assets $2,102,463

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$95,479
Expenses
$202,645
Net Income
-$107,166
Net Assets
$2,250,461
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13
0.0%
Dividends $32,646
34.2%
Sales of Assets $21,928
23.0%
Other Income $40,892
42.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $85,289
42.1%
Compensation of Officers* $16,396
8.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,250,892
Total Liabilities $431
Net Assets $2,250,461

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$186,290
Expenses
$135,051
Net Income
$51,239
Net Assets
$2,324,600
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12
0.0%
Dividends $54,728
29.4%
Sales of Assets $247,120
> 100%
Other Income -$115,570
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,569
59.7%
Compensation of Officers* $14,838
11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,355,756
Total Liabilities $31,156
Net Assets $2,324,600

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$157,097
Expenses
$208,377
Net Income
-$51,280
Net Assets
$2,273,361
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20
0.0%
Dividends $50,464
32.1%
Sales of Assets $40,003
25.5%
Other Income $66,610
42.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,926
36.4%
Compensation of Officers* $14,655
7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,285,486
Total Liabilities $12,125
Net Assets $2,273,361

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$131,531
Expenses
$87,248
Net Income
$44,283
Net Assets
$2,324,641
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $25
0.0%
Dividends $50,125
38.1%
Sales of Assets $60,187
45.8%
Other Income $21,194
16.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $62,818
72.0%
Compensation of Officers* $14,838
17.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,327,404
Total Liabilities $2,763
Net Assets $2,324,641

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is 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.

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