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Employer Identification Number 56-1984048

THE KORNERS FOLLY FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE KORNERS FOLLY FOUNDATION
Employer identification number (EIN):56-1984048
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PRESERVE, RESTORE AND MAINTAIN THE HISTORIC STRUCTURE.
Number of Employees6
Number of Volunteers74
Year Formed1993

Organization Governance

Legal DomicileNC
Voting Members - Governing Body18
Voting Members - Independent18

Organization Financials

2024-09-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 91,818
Program Service Revenue from current yearUSD $ 99,104
Investment Income from prior yearUSD $ 27,910
Investment Income from current yearUSD $ 5,683
Other Revenue from prior yearUSD $ 32,260
Other Revenue from current yearUSD $ 36,539
Gross receipts from all sourcesUSD $ 1,109,464
Net assets / fund balances at end of fiscal yearUSD $ 505,874
Net assets / fund balances at beginning of fiscal yearUSD $ 2,566,363
Total liabilities at end of fiscal yearUSD $ 2,461,516
Total liabilities at beginning of fiscal yearUSD $ 5,696
Total assets at end of fiscal yearUSD $ 2,967,390
Total assets at beginning of fiscal yearUSD $ 2,572,059
Revenues less expenses for current yearUSD $ -811,533
Revenues less expenses for previous yearUSD $ 1,405,196
Total expenses for current yearUSD $ 1,905,406
Total expenses for previous yearUSD $ 266,786
Other expenses in current yearUSD $ 1,726,431
Other expenses in previous yearUSD $ 118,193
Total fundraising expenses in current yearUSD $ 51,154
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 178,975
Employee salary and benefits paid in previous yearUSD $ 148,593
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,093,873
Total revenue in previous fiscal yearUSD $ 1,671,982
Contributions and grants from current yearUSD $ 952,547
Contributions and grants from previous yearUSD $ 1,519,994
Gross income from fundraising eventsUSD $ 33,305
Cost of goods soldUSD $ 8,538
Revenue from membership duesUSD $ 23,810
Gross sales of inventory assetsUSD $ 16,054
Total of other revenueUSD $ 215
2023-09-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,543
Program Service Revenue from current yearUSD $ 91,818
Investment Income from prior yearUSD $ 1,309
Investment Income from current yearUSD $ 27,910
Other Revenue from prior yearUSD $ 36,538
Other Revenue from current yearUSD $ 32,260
Gross receipts from all sourcesUSD $ 1,676,706
Net assets / fund balances at end of fiscal yearUSD $ 2,566,363
Net assets / fund balances at beginning of fiscal yearUSD $ 1,161,167
Total liabilities at end of fiscal yearUSD $ 5,696
Total liabilities at beginning of fiscal yearUSD $ 6,582
Total assets at end of fiscal yearUSD $ 2,572,059
Total assets at beginning of fiscal yearUSD $ 1,167,749
Revenues less expenses for current yearUSD $ 1,405,196
Revenues less expenses for previous yearUSD $ 136,018
Total expenses for current yearUSD $ 266,786
Total expenses for previous yearUSD $ 288,971
Other expenses in current yearUSD $ 118,193
Other expenses in previous yearUSD $ 132,274
Total fundraising expenses in current yearUSD $ 48,080
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 148,593
Employee salary and benefits paid in previous yearUSD $ 156,697
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,671,982
Total revenue in previous fiscal yearUSD $ 424,989
Contributions and grants from current yearUSD $ 1,519,994
Contributions and grants from previous yearUSD $ 309,599
Gross income from fundraising eventsUSD $ 22,500
Cost of goods soldUSD $ 4,186
Revenue from membership duesUSD $ 11,446
Gross sales of inventory assetsUSD $ 13,095
Total of other revenueUSD $ -793
2022-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 40,861
Program Service Revenue from current yearUSD $ 77,543
Investment Income from prior yearUSD $ 48
Investment Income from current yearUSD $ 1,309
Other Revenue from prior yearUSD $ 32,679
Other Revenue from current yearUSD $ 36,538
Gross receipts from all sourcesUSD $ 433,402
Net assets / fund balances at end of fiscal yearUSD $ 1,161,167
Net assets / fund balances at beginning of fiscal yearUSD $ 1,025,149
Total liabilities at end of fiscal yearUSD $ 6,582
Total liabilities at beginning of fiscal yearUSD $ 4,476
Total assets at end of fiscal yearUSD $ 1,167,749
Total assets at beginning of fiscal yearUSD $ 1,029,625
Revenues less expenses for current yearUSD $ 136,018
Revenues less expenses for previous yearUSD $ 264,764
Total expenses for current yearUSD $ 288,971
Total expenses for previous yearUSD $ 239,239
Other expenses in current yearUSD $ 132,274
Other expenses in previous yearUSD $ 131,297
Total fundraising expenses in current yearUSD $ 43,471
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 156,697
Employee salary and benefits paid in previous yearUSD $ 105,942
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 2,000
Total revenue in current fiscal yearUSD $ 424,989
Total revenue in previous fiscal yearUSD $ 504,003
Contributions and grants from current yearUSD $ 309,599
Contributions and grants from previous yearUSD $ 430,415
Gross income from fundraising eventsUSD $ 30,113
Cost of goods soldUSD $ 2,647
Revenue from membership duesUSD $ 12,310
Gross sales of inventory assetsUSD $ 11,372
Total of other revenueUSD $ 43
2021-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 60,763
Program Service Revenue from current yearUSD $ 40,861
Investment Income from prior yearUSD $ 32
Investment Income from current yearUSD $ 48
Other Revenue from prior yearUSD $ 12,028
Other Revenue from current yearUSD $ 32,679
Gross receipts from all sourcesUSD $ 508,134
Net assets / fund balances at end of fiscal yearUSD $ 1,025,149
Net assets / fund balances at beginning of fiscal yearUSD $ 760,385
Total liabilities at end of fiscal yearUSD $ 4,476
Total liabilities at beginning of fiscal yearUSD $ 31,170
Total assets at end of fiscal yearUSD $ 1,029,625
Total assets at beginning of fiscal yearUSD $ 791,555
Revenues less expenses for current yearUSD $ 264,764
Revenues less expenses for previous yearUSD $ 233,414
Total expenses for current yearUSD $ 239,239
Total expenses for previous yearUSD $ 354,777
Other expenses in current yearUSD $ 131,297
Other expenses in previous yearUSD $ 206,463
Total fundraising expenses in current yearUSD $ 49,112
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 105,942
Employee salary and benefits paid in previous yearUSD $ 148,314
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,000
Total revenue in current fiscal yearUSD $ 504,003
Total revenue in previous fiscal yearUSD $ 588,191
Contributions and grants from current yearUSD $ 430,415
Contributions and grants from previous yearUSD $ 515,368
Gross income from fundraising eventsUSD $ 33,188
Revenue from membership duesUSD $ 9,905
Gross sales of inventory assetsUSD $ 1,324
Total of other revenueUSD $ 1,548
2020-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 76,564
Program Service Revenue from current yearUSD $ 60,763
Investment Income from prior yearUSD $ 71
Investment Income from current yearUSD $ 32
Other Revenue from prior yearUSD $ 31,848
Other Revenue from current yearUSD $ 12,028
Gross receipts from all sourcesUSD $ 595,469
Net assets / fund balances at end of fiscal yearUSD $ 760,385
Net assets / fund balances at beginning of fiscal yearUSD $ 526,971
Total liabilities at end of fiscal yearUSD $ 31,170
Total liabilities at beginning of fiscal yearUSD $ 2,861
Total assets at end of fiscal yearUSD $ 791,555
Total assets at beginning of fiscal yearUSD $ 529,832
Revenues less expenses for current yearUSD $ 233,414
Revenues less expenses for previous yearUSD $ 36,041
Total expenses for current yearUSD $ 354,777
Total expenses for previous yearUSD $ 267,945
Other expenses in current yearUSD $ 206,463
Other expenses in previous yearUSD $ 131,181
Total fundraising expenses in current yearUSD $ 65,990
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 148,314
Employee salary and benefits paid in previous yearUSD $ 136,264
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 500
Total revenue in current fiscal yearUSD $ 588,191
Total revenue in previous fiscal yearUSD $ 303,986
Contributions and grants from current yearUSD $ 515,368
Contributions and grants from previous yearUSD $ 195,503
Gross income from fundraising eventsUSD $ 12,107
Cost of goods soldUSD $ 2,899
Revenue from membership duesUSD $ 10,280
Gross sales of inventory assetsUSD $ 5,583
Total of other revenueUSD $ 856
2019-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 66,855
Program Service Revenue from current yearUSD $ 76,564
Investment Income from prior yearUSD $ 60
Investment Income from current yearUSD $ 71
Other Revenue from prior yearUSD $ 22,884
Other Revenue from current yearUSD $ 31,848
Gross receipts from all sourcesUSD $ 312,551
Net assets / fund balances at end of fiscal yearUSD $ 526,971
Net assets / fund balances at beginning of fiscal yearUSD $ 490,930
Total liabilities at end of fiscal yearUSD $ 2,861
Total liabilities at beginning of fiscal yearUSD $ 2,004
Total assets at end of fiscal yearUSD $ 529,832
Total assets at beginning of fiscal yearUSD $ 492,934
Revenues less expenses for current yearUSD $ 36,041
Revenues less expenses for previous yearUSD $ 159,723
Total expenses for current yearUSD $ 267,945
Total expenses for previous yearUSD $ 240,940
Other expenses in current yearUSD $ 131,181
Other expenses in previous yearUSD $ 138,360
Total fundraising expenses in current yearUSD $ 96,422
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 136,264
Employee salary and benefits paid in previous yearUSD $ 102,580
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 500
Total revenue in current fiscal yearUSD $ 303,986
Total revenue in previous fiscal yearUSD $ 400,663
Contributions and grants from current yearUSD $ 195,503
Contributions and grants from previous yearUSD $ 310,864
Gross income from fundraising eventsUSD $ 31,404
Cost of goods soldUSD $ 5,095
Revenue from membership duesUSD $ 9,955
Gross sales of inventory assetsUSD $ 7,594
Total of other revenueUSD $ 5
2018-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 70,531
Program Service Revenue from current yearUSD $ 66,855
Investment Income from prior yearUSD $ 42
Investment Income from current yearUSD $ 60
Other Revenue from prior yearUSD $ 17,191
Other Revenue from current yearUSD $ 22,884
Gross receipts from all sourcesUSD $ 404,473
Net assets / fund balances at end of fiscal yearUSD $ 490,930
Net assets / fund balances at beginning of fiscal yearUSD $ 331,207
Total liabilities at end of fiscal yearUSD $ 2,004
Total liabilities at beginning of fiscal yearUSD $ 2,765
Total assets at end of fiscal yearUSD $ 492,934
Total assets at beginning of fiscal yearUSD $ 333,972
Revenues less expenses for current yearUSD $ 159,723
Revenues less expenses for previous yearUSD $ -15,725
Total expenses for current yearUSD $ 240,940
Total expenses for previous yearUSD $ 236,745
Other expenses in current yearUSD $ 138,360
Other expenses in previous yearUSD $ 131,149
Total fundraising expenses in current yearUSD $ 64,850
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 102,580
Employee salary and benefits paid in previous yearUSD $ 105,596
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 400,663
Total revenue in previous fiscal yearUSD $ 221,020
Contributions and grants from current yearUSD $ 310,864
Contributions and grants from previous yearUSD $ 133,256
Gross income from fundraising eventsUSD $ 20,855
Cost of goods soldUSD $ 1,366
Revenue from membership duesUSD $ 11,305
Gross sales of inventory assetsUSD $ 4,919
Total of other revenueUSD $ 0
2017-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 60,968
Program Service Revenue from current yearUSD $ 70,531
Investment Income from prior yearUSD $ 57
Investment Income from current yearUSD $ 42
Other Revenue from prior yearUSD $ 15,885
Other Revenue from current yearUSD $ 17,191
Gross receipts from all sourcesUSD $ 231,700
Net assets / fund balances at end of fiscal yearUSD $ 331,207
Net assets / fund balances at beginning of fiscal yearUSD $ 346,932
Total liabilities at end of fiscal yearUSD $ 2,765
Total liabilities at beginning of fiscal yearUSD $ 3,449
Total assets at end of fiscal yearUSD $ 333,972
Total assets at beginning of fiscal yearUSD $ 350,381
Revenues less expenses for current yearUSD $ -15,725
Revenues less expenses for previous yearUSD $ 21,264
Total expenses for current yearUSD $ 236,745
Total expenses for previous yearUSD $ 169,423
Other expenses in current yearUSD $ 131,149
Other expenses in previous yearUSD $ 71,979
Total fundraising expenses in current yearUSD $ 34,221
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 105,596
Employee salary and benefits paid in previous yearUSD $ 97,444
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 221,020
Total revenue in previous fiscal yearUSD $ 190,687
Contributions and grants from current yearUSD $ 133,256
Contributions and grants from previous yearUSD $ 113,777
Gross income from fundraising eventsUSD $ 19,480
Cost of goods soldUSD $ 1,316
Revenue from membership duesUSD $ 13,070
Gross sales of inventory assetsUSD $ 6,695
Total of other revenueUSD $ 28
2016-09-30
Gross receipts from all sourcesUSD $ 196,600
Net assets / fund balances at end of fiscal yearUSD $ 346,932
Net assets / fund balances at beginning of fiscal yearUSD $ 325,668
Contributions, Grants, Gifts etc from current yearUSD $ 113,777
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 13,381
Direct expenses fromspecial eventsUSD $ 3,580
Cost of goods soldUSD $ 2,333
Total revenueUSD $ 190,687
Employees salaries and other compensation and benefitsUSD $ 97,444
Fees and other payments to independent contractorsUSD $ 1,750
Total of all other expensesUSD $ 48,075
Total of all expensesUSD $ 169,423
Net assets or fund balances at end of yearUSD $ 21,264
Net difference of special event income minus expensesUSD $ 9,801
Gross sales of inventory assetsUSD $ 6,384
Gross profit/loss Sales of inventoryUSD $ 4,051
Total of other revenueUSD $ 21
Rent, utilities and maintenance costsUSD $ 22,154
2015-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 51,641
Program Service Revenue from current yearUSD $ 59,652
Investment Income from prior yearUSD $ 54
Investment Income from current yearUSD $ 53
Other Revenue from prior yearUSD $ 21,813
Other Revenue from current yearUSD $ 19,450
Gross receipts from all sourcesUSD $ 213,870
Net assets / fund balances at end of fiscal yearUSD $ 325,668
Net assets / fund balances at beginning of fiscal yearUSD $ 424,032
Total liabilities at end of fiscal yearUSD $ 2,590
Total liabilities at beginning of fiscal yearUSD $ 1,767
Total assets at end of fiscal yearUSD $ 328,258
Total assets at beginning of fiscal yearUSD $ 425,799
Revenues less expenses for current yearUSD $ -98,364
Revenues less expenses for previous yearUSD $ 25,609
Total expenses for current yearUSD $ 304,792
Total expenses for previous yearUSD $ 475,127
Other expenses in current yearUSD $ 216,298
Other expenses in previous yearUSD $ 402,906
Total fundraising expenses in current yearUSD $ 29,761
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 87,494
Employee salary and benefits paid in previous yearUSD $ 71,221
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,000
Grants and similar amounts paid in previous yearUSD $ 1,000
Total revenue in current fiscal yearUSD $ 206,428
Total revenue in previous fiscal yearUSD $ 500,736
Contributions and grants from current yearUSD $ 127,273
Contributions and grants from previous yearUSD $ 427,228
Gross income from fundraising eventsUSD $ 17,664
Cost of goods soldUSD $ 5,509
Revenue from membership duesUSD $ 7,192
Gross sales of inventory assetsUSD $ 6,345
Total of other revenueUSD $ 101

Other Company Names associated with EIN

KORNERS FOLLY FOUNDATION INC
KORNER'S FOLLY FOUNDATION INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 561984048

USA Mailing Address
413 SOUTH MAIN STREET
KERNERSVILLE
NC
27284
Date first seen: 2007-06-01
Date last seen: 2025-09-30

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The following companies are located in the same ZIP code areas:

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