Julian T Pierce Legacy Foundation Inc
Nonprofit profile at a glance
- EIN
- 992375728
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Raleigh, NC, USA
- Phone
- 9198369200
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $88,004
- Expenses
- $87,511
- Assets
- $493
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- HARVEY GODWIN (PRESIDENT)
- KELVIN JACOBS (VICE PRESIDENT)
People named in this filing
- HARVEY GODWIN (PRESIDENT)
- KELVIN JACOBS (VICE PRESIDENT)
- ALEX LEHMANN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of julian t pierce legacy foundation inc is to honor the life and legacy of julian t pierce by providing scholarship opportunities to students through specific colleges and universities in various communities throughout North Carolina.
What it reported doing in 2024
Scholarships and educational grants: the julian t pierce legacy foundation honors the legacy of julian t pierce by raising funds to support scholarships and memorial projects that advance education and justice in North Carolina. During the year, the organization awards grants to establish and sustain scholarship funds at unc-pembroke, robeson county community college, and North Carolina central university school of law. These efforts ensure that deserving students have access to educational opportunities and that julian t pierce's life and contributions are remembered and celebrated.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 38
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.6%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $108K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.