High Point Discovered INC

Tax-deductible

High Point, NC501(c)(3)Community DevelopmentEIN 84-3686194

The organization is a media group created to showcase the city of high point north carolina on a personal level. High point discovered is empowering people by telling stories and elevating the voices of our community. The purpose of high point discovered is to highlight, with unapologetically rose-colored lens, the very best of high point. The organization goal is to create a unique, positive conversation about high point with beautiful photograpy and thoughtful story telling that highlights unique stories around town, opening doors to create opportunities and engagement from within and outside the community. The outreach is connecting people to one another and serving as an economic development within the community of high point. With high point discovered's unique and unapologetically rose-colored perspective, IT creates a platform for those who are bright lights in innovation, art, education, entrepreneurship, family, food, entertainment, philanthropy, and community to collide and s

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $7K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $54K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$312K
+4% vs prior year
Spent
$400K
To programs
91%
Net assets
$93K
By yearFY2020–FY2024
Revenue
$312K
FY2024▲ +4%
Revenue by fiscal year
FY2020$110K
FY2021$242K
FY2022$297K
FY2023$299K
FY2024$312K
Expenses
$400K
FY2024▲ +13%
Expenses by fiscal year
FY2020Not on file
FY2021$152K
FY2022$216K
FY2023$353K
FY2024$400K
Net assets
$93K
FY2024▼ -49%
Net assets by fiscal year
FY2020$64K
FY2021$154K
FY2022$235K
FY2023$181K
FY2024$93K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2020.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $364K Management & general 3% · $12K Fundraising 6% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See High Point Discovered INC executive salaries →

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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 15aNo

Programs and updates

Showcases High Point, North Carolina, through personal stories and photography to foster community engagement and economic development.

Provided by the organization

This section is blank until High Point Discovered INC claims this page.

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1 program service account for $364K of program spending, described in the organization's own filed words · FY2024.
01

Organization's major activities consist of using social media platforms, including blogs, videos, podcasts, website and other types of media to showcase, share and promote the best of the city of high point.

$364Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$54K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$312K
Ln 12
Gifts and grantsLn 1h$312K
Money outPt IX
$400K
Ln 25
Programscol B$364K
Managementcol C$12K
Fundraisingcol D$24K
Owns and owesPt X
$93K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$93K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$312K
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$93K
Cash and savings togetherLn 1–2$93K
Total assetsLn 16$93K
LiabilitiesLn 26$0
Net assetsLn 32$93K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$182K$93K
Total assetsLn 16$182K$93K
LiabilitiesLn 26$267$0
Net assetsLn 32$181K$93K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$196K$196K
Other employee benefitsLn 9$13K$13K
Payroll taxesLn 10$15K$15K
Other fees for servicesLn 11g$9K$7K$2K
Advertising and promotionLn 12$51K$27K$24K
Office expensesLn 13$77K$73K$4K
Information technologyLn 14$9K$9K
OccupancyLn 16$24K$24K
Conferences, conventions and meetingsLn 19$2K$2K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$400K$364K$12K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $312K$400K−$88K$93K 990 PDF
FY2023 $299K$353K−$54K$181K 990 PDF
FY2022 $297K$216K$81K$235K 990 PDF
FY2021 $242K$152K$91K$154K 990 PDF
FY2020 $110K$64K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $311,840 across 4 lines filed
VIII-1f All other contributions, gifts and grants$312,385
VIII-1h Total contributions, gifts and grants$312,385
VIII-8 Net income from fundraising eventsExcluded from tax −$545−$545
VIII-12 Total revenueExcluded from tax −$545$311,840
Part IX · Statement of functional expenses $400,093 across 11 lines filed
IX-7 Other salaries and wagesPrograms $195,782$195,782
IX-9 Other employee benefitsPrograms $13,295$13,295
IX-10 Payroll taxesPrograms $14,977$14,977
IX-11g Other fees for servicesPrograms $6,562 · Management $2,462$9,024
IX-12 Advertising and promotionPrograms $26,880 · Fundraising $23,752$50,632
IX-13 Office expensesPrograms $72,572 · Management $3,933$76,505
IX-14 Information technologyPrograms $9,009$9,009
IX-16 OccupancyPrograms $24,000$24,000
IX-19 Conferences, conventions and meetingsManagement $1,700$1,700
IX-23 InsuranceManagement $3,872$3,872
IX-24 Other expenses (24a–d)Programs $1,297$1,297
IX-25 Total functional expensesPrograms $364,374 · Management $11,967 · Fundraising $23,752$400,093
Part X · Balance sheet $93,087 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $181,607$93,087
X-16 Total assetsStart of year $181,607$93,087
X-26 Total liabilitiesStart of year $267$0
X-27 Net assets without donor restrictionsStart of year $181,340$93,087
X-32 Total net assets or fund balancesStart of year $181,340$93,087
X-33 Total liabilities and net assetsStart of year $181,607$93,087
Part XI · Reconciliation of net assets $93,087 net assets at year end
XI-1 Total revenue$311,840
XI-2 Total expenses$400,093
XI-3 Revenue less expenses−$88,253
XI-4 Net assets at start of year$181,340
XI-10 Net assets at end of year$93,087

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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