Shekinah Resource Foundation FY2019 filing

Tax-deductible

Winston Salem, NC501(c)(3)Human ServicesEIN 47-5304111Revenue $816K in FY2019

On file with the IRSshekinah-global.org450 W Hanes Mill Rd Ste 222, 27105-7404 · Winston Salem, NCTax-exempt since Oct 2015Publicly supported — 509(a)(2)

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To make a lasting difference in our communities lives by improving their health and well-being

501(c)(3) charity; gifts are tax-deductible.
$61K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $100K a year · 17% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$61K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$816K
Spent
$733K
To programs
0%
Net assets
$27K
By yearFY2019–FY2023
Revenue
$816K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$816K
FY2020$616K
FY2021$634K
FY2023$251K
Expenses
$733K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$733K
FY2020$565K
FY2021$618K
FY2023$0
Net assets
$27K
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$27K
FY2020$22K
FY2021$112K
FY2023$235K

From the FY2019 Form 990 · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Oct 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

1 person listed on the 990; $61K paid to officers and key staff.

Part VII, Section A · reportable compensation
$60,798Pt VII · Sec A

Kevin Smith’s $61K as VP is at the 50th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves community health and well-being for lasting positive impact.

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Provided by the organization

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2 programs · $170K · in their own filed words · FY2019
01

body and mind food drive and webinar

$100Kprogram expense
02

Annual Youth Seminar

$70Kprogram expense

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$816K
Ln 12
Gifts and grantsLn 1h$708K
Fees for servicesLn 2g$108K
Money outPt IX
$733K
Ln 25
Owns and owesPt X
$27K
net assets · Ln 32
Total assetsLn 16$27K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$708K
Fees for servicesLn 2g$108K
Total revenueLn 12$816K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$27K
Total assetsLn 16$27K
LiabilitiesLn 26$0
Net assetsLn 32$27K
OperationsPt I, VI
EmployeesI 53
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Land, buildings, equipmentLn 10c$27K
Total assetsLn 16$0$27K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$27K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Depreciation, depletion and amortizationLn 22$7K
Total functional expensesLn 25$7K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $251K$0$251K$235K 990 PDF
FY2022 Not on file
FY2021 $634K$618K$16K$112K 990 PDF
FY2020 $616K$565K$51K$22K 990 PDF
FY2019 Viewing $816K$733K$83K$27K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $815,889 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $49,000$707,873
I-9 Program service revenue$108,016
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $49,000$815,889
I-13 Grants and similar amounts paid$516,156
I-14 Benefits paid to members$0
I-15 Salaries and benefits$209,765
I-16a Professional fundraising feesPrior year $49,000$0
I-17 Other expenses$6,957
I-18 Total expensesPrior year $49,000$732,878
I-19 Revenue less expenses$83,011
Part VI · Governance 0 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $0 across 2 lines filed
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $6,957 across 1 line filed
IX-22 Depreciation, depletion and amortization$6,957
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$6,957
Part X · Balance sheet $27,392 assets, 5 lines filed
X-10c Land, buildings and equipment, net$27,392
X-16 Total assetsStart of year $0$27,392
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$27,392
X-33 Total liabilities and net assetsStart of year $0$27,392
Part XI · Reconciliation of net assets $27,392 net assets at year end
XI-1 Total revenue$815,889
XI-2 Total expenses$732,878
XI-3 Revenue less expenses$83,011
XI-10 Net assets at end of year$27,392

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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