Linville Foundation INC FY2020 filing
Provides financial aid and scholarships to help students pursue college, graduate, or vocational education. For fiscal year 2020 it reported $373K in revenue, $403K in expenses, and $2.7M in net assets.Pt I
- Founded
- 2017
- Type
- Public charity (501(c)(3)) · Education
- Location
- Linville, NC
- Filings
- 6 on file (2020–2020)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Betsy Austin’s $10K as Officer is at the 8th percentile of top reported officer pay among 1613 $100K–1M education 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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Where the work happens
The Foundation granted over 70 scholarships to students during their inital year to help further their education in graduate and undergraduate degrees. Our goal is to help and encourage students to further their education with college degrees and to provide support to these students during their time in college.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Investment management fee ratio | 0.7% | — | — |
| Accounting fee ratio | 0.6% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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