North Carolina Education Corps
- Assets
- $1.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 41
- Location
- Raleigh, NC
- Founding
- Data as of
- 06/2024
- EIN
- 86-2714571
Organization Overview
North Carolina Education Corps is located in Raleigh, NC. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2024, North Carolina Education Corps employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Education Corps 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 06/2024, North Carolina Education Corps generated $5.3m in total revenue. All expenses for the organization totaled $4.8m during the year ending 06/2024.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE STUDENT LEARNING AND STENGTHEN COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORPS MEMBER (CM) LEARNING:NORTH CAROLINA EDUCATION CORPS (NCEC) SUPPORTED CORPS MEMBERS WITH BEST-IN-PRACTICE PROFESSIONAL DEVELOPMENT TRAINING, THE LATEST IN DATA-INFORMED AND RESEARCH-BASED TUTORING METHODOLOGIES, AND ONGOING COACHING AND PROGRESS MONITORING SUPPORT TO ENHANCE THE IMPACT OF COMMUNITY MEMBERS IN SCHOOLS AND TO IMPROVE STUDENT GROWTH.
OTHER
RECRUIT:IN '23-'24 NCEC RECRUITED 587 CORPS MEMBERS WHO WERE HIRED AND PLACED BY 32 PUBLIC SCHOOL UNITS TO PROVIDE HIGH-IMPACT READING TUTORING TO 11,548 K-5 STUDENTS PERFORMING BELOW GRADE-LEVEL READING PROFICIENCY IN APPROXIMATELY 236 NORTH CAROLINA ELEMENTARY SCHOOLS, INCLUDING 223 TITLE 1 SCHOOLS.
IMPLEMENT:NCEC PROVIDED SCHOOL PARTNERS WITH HIGH-IMPACT TUTORING PROGRAM GUIDANCE AND IMPLEMENTATION SUPPORT IN ALIGNMENT WITH NATIONAL BEST PRACTICES, STATE STANDARDS, SCHOOL PRIORITIES, SCHEDULING, TUTOR MANAGEMENT, PROGRESS MONITORING, AND PROGRAM EVALUATION NEEDS. THIS INCLUDED SUPPORTING SCHOOLS TO MAKE SURE CORPS MEMBERS PROVIDED TARGETED TUTORING INTERVENTIONS TO LOW-PERFORMING STUDENTS IN PERSON, AT SCHOOL, THREE TIMES PER WEEK, 30 MINUTES PER SESSION, IN GROUPS OF 1-4 STUDENTS PER TUTOR, THROUGHOUT THE '23-'24 SCHOOL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Ward Board Chair | Trustee | 5 | $0 |
Susan Jamison Treasurer | Trustee | 5 | $0 |
Craig Horn Board Member | Trustee | 1 | $0 |
Anthony Jackson Board Member | Trustee | 1 | $0 |
Mariarosa Rangel Board Member | Trustee | 1 | $0 |
Catherine Truitt Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greene Resources Inc Ops And Recruiting Consultants | 6/29/24 | $249,095 |
Nc State University Operation Consultants | 6/29/24 | $149,029 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $4,886,071 |
| All other contributions, gifts, grants, and similar amounts not included above | $307,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,293,400 |
| Total Program Service Revenue | $0 |
| Investment income | $5,086 |
| 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 | $5,299,266 |
| 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. | $435,866 |
| Compensation of current officers, directors, key employees. | $421,412 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,242,172 |
| Pension plan accruals and contributions | $89,495 |
| Other employee benefits | $335,260 |
| Payroll taxes | $218,976 |
| Fees for services: Management | $81,625 |
| Fees for services: Legal | $29,785 |
| Fees for services: Accounting | $69,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $528,707 |
| Advertising and promotion | $65,960 |
| Office expenses | $35,639 |
| Information technology | $77,699 |
| Royalties | $0 |
| Occupancy | $101,988 |
| Travel | $80,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,694 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,715 |
| Insurance | $6,146 |
| All other expenses | $488 |
| Total functional expenses | $4,826,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,236 |
| Savings and temporary cash investments | $1,052,023 |
| Pledges and grants receivable | $437,170 |
| Accounts receivable, net | $6,377 |
| 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 | $145,711 |
| Net Land, buildings, and equipment | $6,533 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,905,050 |
| Accounts payable and accrued expenses | $182,586 |
| 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 | $182,586 |
| Net assets without donor restrictions | $1,722,464 |
| 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 | $1,905,050 |