Imagine North Carolina First
- Assets
- $265.2k
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/2015
- Data as of
- 12/2022
- 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 12/2022, Imagine North Carolina First generated $6.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $7.6m during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 5 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 59 individual grants totaling $15,234,150. 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
2022
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.
NON-PROFIT ENTITY SUPPORT: IMAGINE NORTH CAROLINA FIRST FUNDED VARIOUS NON-PROFIT 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Swindell Executive Director | Officer | 1 | $5,563 |
Nina Szlosberg Landis Chairperson | Trustee | 0.5 | $0 |
Mary Mountcastle Board Member | Trustee | 0.5 | $0 |
Kim Mcguire 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 | $6,134,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,134,509 |
| 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 | $6,134,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,118,000 |
| 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. | $5,563 |
| Compensation of current officers, directors, key employees. | $5,563 |
| 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 | $431,000 |
| Fees for services: Legal | $15,685 |
| Fees for services: Accounting | $19,656 |
| 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 | $507 |
| 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 | $7,603,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,231 |
| 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 | $265,231 |
| Accounts payable and accrued expenses | $1,341 |
| 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 | $1,341 |
| Net assets without donor restrictions | $263,890 |
| 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 | $265,231 |
Grants Awarded
Over the last fiscal year, Imagine North Carolina First has awarded $7,118,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
NC CITIZENS FOR PROTECTING OUR SCHOOLS PURPOSE: Funding various C3 programs | $2,720,000 |
NC A PHILIP RANDOLPH INSTITUTE INC PURPOSE: Funding for Voter Participation | $798,000 |
PROGRESS NORTH CAROLINA PURPOSE: Funding various 501(c) 3 programs | $575,000 |
LEAD NC INSTITUTE PURPOSE: Funding Nonpartisan Get Out The Vote | $325,000 |
UNIFOUR ONE PURPOSE: Funding for Voter Participation | $230,000 |
REAL FACTS NC PURPOSE: Funding various 501(c) 3 programs | $380,000 |