High Point Discovered Inc
- Assets
- $155.8k
- Revenue
- $242.4k
- Investments
- $0.0
- Employees
- 3
- Location
- High Point, NC
- Founding
- Data as of
- 12/2021
- EIN
- 84-3686194
Organization Overview
High Point Discovered Inc is located in High Point, NC. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, High Point Discovered Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Point Discovered Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, High Point Discovered Inc generated $242.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.4% each year . All expenses for the organization totaled $151.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. THE ORGANIZATION WILL PARTNER WITH OTHER ORGANIZATIONS AND NONPROFITS AND SPONSOR/HOST AND/OR PARTICIPATE IN EVENTS AND ACTIVITIES ALL WITH THE GOAL OF PROMOTING THE POSITIVE ASPECTS OF THE CITY OF HIGH POINT, NC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Oglesby Secretary | OfficerTrustee | $0 | |
Jack Hendrix Treasurer | Officer | 5 | $0 |
Ryan Ferguson Director | Trustee | $0 | |
Christi F Spangle Vice Chairma | Trustee | 5 | $0 |
Cyril Jefferson Director | Trustee | $0 | |
Lara C Barbour Chairman | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,355 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,080 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,006 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,350 |
| Payroll taxes | $3,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $54,788 |
| Office expenses | $26,806 |
| Information technology | $10,280 |
| Royalties | $0 |
| Occupancy | $3,900 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $221 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $914 |
| All other expenses | $0 |
| Total functional expenses | $151,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,731 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,778 |
| Accounts payable and accrued expenses | $1,622 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,622 |
| Net assets without donor restrictions | $154,156 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $155,778 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that High Point Discovered Inc has recieved totaling $75,520.
| Awarding Organization | Amount |
|---|---|
Earl And Kathryn Congdon Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
Lenny Peters Foundation Inc High Point, NC PURPOSE: CHARITABLE PURPOSE | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Organizing Inc Charlottesville, VA | $8,195,944 | $10,817,973 |
American Exceptionalism Institute Inc Arlington, VA | $932,684 | $8,055,400 |
Peterson Family Foundation Fairfax, VA | $10,465,952 | $6,659,097 |
Blueprint North Carolina Raleigh, NC | $4,476,634 | $4,156,783 |
Georgia Rural Water Association Incorporated Barnesville, GA | $3,435,226 | $4,117,604 |
North Carolina Rural Water Association Inc Welcome, NC | $3,212,310 | $3,286,739 |
Appalachian Sustainable Development Bristol, VA | $1,778,820 | $3,125,936 |
New Town Macon Inc Macon, GA | $28,447,383 | $5,896,499 |
Action Greensboro Greensboro, NC | $6,492,627 | $1,414,644 |
Fair Lines America Inc Alexandria, VA | $465,017 | $1,410,316 |
Consumer Action For A Strong Economy Inc Alexandria, VA | $303,059 | $1,453,575 |
Pinnacle Community Developmentcorporation Durham, NC | $331,555 | $1,232,408 |