Imagine North Carolina First
- Assets
- $1.7m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-4006055
Organization Overview
Imagine North Carolina First is located in Raleigh, NC. The organization was established in 2015. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine North Carolina First 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, Imagine North Carolina First generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 20.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Imagine North Carolina First has awarded 34 individual grants totaling $8,116,150. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMAGINE NORTH CAROLINA FIRST INITIATES, CULTIVATES, AND FUNDS STRATEGIC EFFORTS TO PROMOTE ECONOMIC OPPORTUNITY, QUALITY OF LIFE, GOVERNMENT ACCOUNTABILITY, AND CIVIC PARTICIPATION AMONG UNDER SERVED COMMUNITIES IN NC. ITS PRIMARY MISSION IS TO FOSTER AN ECONOMY AND DEMOCRACY THAT WORKS FOR ALL NC CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT PROGRAMS - IMAGINE NORTH CAROLINA FUNDED VARIOUS NON-PROFIT ENTITIES TO INFORM, EDUCATE AND PROTECT CITIZENS CONCERNING VOTING RIGHTS, ACCESS TO VOTING AND OTHER KEY VOTER ISSUES IMPACTING THEIR LIVES.
501(C)3 ENTITY SUPPORT: IMAGINE NORTH CAROLINA FIRST FUNDED VARIOUS 501(C)3 ENTITIES WHICH CONDUCT PUBLIC POLICY AND OPINION RESEARCH, SPONSOR EDUCATIONAL ACTIVITIES, AND HOST AND PARTICIPATE IN FORUMS AND PRESENTATIONS FOR THE PURPOSE OF DISSEMINATING INFORMATION TO PROMOTE THE GENERAL PUBLIC'S UNDERSTANDING OF IDEAS TO SOLVE NORTH CAROLINA'S PUBLIC POLICY ISSUES.
NARRATIVE PROGRAM: IMAGINE FUNDED A COMPREHENSIVE MULTI-MODAL MESSAGING RESEARCH PROJECT TO DETERMINE THE CORE VALUES, ATTITUDES AND MOTIVATIONS OF NORTH CAROLINA'S CURRENT AND POTENTIAL VOTERS.
IMAGINE NORTH CAROLINA FIRST SUPPORTED PROGRAMS TO MAKE ALL LEVELS OF GOVERNMENT AND PRIVATE INSTITUTIONS MORE ACCOUNTABLE AND RESPONSIVE BY EXPANDING PUBLIC ACCESS TO GOVERNMENT INFORMATION AND HOLDING GOVERNMENT AGENCIES AND PUBLIC OFFICIALS ACCOUNTABLE FOR THEIR ACTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Swindell Executive Director | Trustee | 0.5 | $0 |
Kim Mcguire Board Member | Trustee | 0.5 | $0 |
Nina Szlosberg Landis Chairperson | Trustee | 0.5 | $0 |
Mary Mountcastle Board Member | Trustee | 0.5 | $0 |
Adam Stein Board Member | Trustee | 0.5 | $0 |
Joel Fleishman Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,219,239 |
| Noncash contributions included in lines 1a–1f | $518,238 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,219,239 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,219,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,934,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $455,710 |
| Fees for services: Legal | $5,959 |
| Fees for services: Accounting | $15,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $623 |
| Information technology | $588 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,449,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,746,999 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,746,999 |
| Accounts payable and accrued expenses | $14,119 |
| 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 | $14,119 |
| Net assets without donor restrictions | $1,732,880 |
| 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 | $1,746,999 |
Grants Awarded
Over the last fiscal year, Imagine North Carolina First has awarded $2,934,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: Funding various 501(c) 3 programs | $675,000 |
NC A PHILIP RANDOLPH INSTITUTE INC PURPOSE: Funding for Voter Participation | $350,000 |
Concord, NC PURPOSE: Funding Non-Partisan Programming | $300,000 |
Raliegh, NC PURPOSE: Funding Nonpartisan Get Out The Vote | $245,000 |
Raleigh, NC PURPOSE: Funding Nonpartisan Get Out The Vote | $204,000 |
Washington, DC PURPOSE: Funding various 501(c) 3 programs | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Imagine North Carolina First has recieved totaling $1,577,500.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $1,000,000 |
Park Foundation Inc Ithaca, NY PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $100,000 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: BUILDING COMMUNITY & ECONOMIC VITALITY | $52,500 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $50,000 |
State Leadership Project Raleigh, NC PURPOSE: TO RECRUIT CHARITABLE DONORS AND REVIEW NON PARTISAN CIVIC ENGAGEMENT PLANS. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Economic Education Inc Atlanta, GA | $13,111,057 | $7,371,269 |
Imagine North Carolina First Raleigh, NC | $1,746,999 | $4,219,239 |
Virginia Council On Economic Education Richmond, VA | $1,591,140 | $909,613 |
Georgia Council On Economic Education atlanta, GA | $6,404,945 | $1,048,495 |
International Freedom Educational Foundation Mc Lean, VA | $100,274 | $526,748 |
North Carolina Council On Economic Education Raleigh, NC | $457,101 | $705,975 |
South Carolina Council On Economic Education Columbia, SC | $503,604 | $545,395 |
Independent Banks Of South Carolina Chapin, SC | $604,989 | $525,171 |
Project Invest Alexandria, VA | $643,258 | $522,186 |
Your Economic Success Harrisonburg, VA | $1,566,845 | $178,380 |
Larouchepac Action Purcellville, VA | $20,380 | $0 |
Atlantic Economic Society Atlanta, GA | $82,236 | $186,565 |