New North Carolina Project Foundation is located in Concord, NC. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New North Carolina Project Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW NORTH CAROLINA PROJECT'S MISSION IS TO MAKE POLITICS REPRESENT THE NEEDS OF NORTH CAROLINIANS BY INVESTING IN COMMUNITIES OF COLOR, EXPANDING THE ENGAGED ELECTORATE AND CREATING #LIFELONGVOTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW NORTH CAROLINA PROJECT'S MISSION IS TO MAKE POLITICS REPRESENT THE NEEDS OF NORTH CAROLINIANS BY INVESTING IN COMMUNITIES OF COLOR, EXPANDING THE ENGAGED ELECTORATE AND CREATING #LIFELONGVOTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terri Legrand Chair | OfficerTrustee | 1 | $0 |
Malbert Smith Secretary | OfficerTrustee | 1 | $0 |
Dr Aimy Steele Director | Trustee | 1 | $0 |
Ann Szalkowsi Director | Trustee | 1 | $0 |
Chaz Beasley Director | Trustee | 1 | $0 |
Daniel Valdez Director | Trustee | 1 | $0 |
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 | $715,700 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $715,700 |
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 | $715,700 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
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 | $0 |
Fees for services: Legal | $1,628 |
Fees for services: Accounting | $21,471 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $23,562 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $31,710 |
Advertising and promotion | $19,075 |
Office expenses | $1,831 |
Information technology | $26,489 |
Royalties | $0 |
Occupancy | $573 |
Travel | $600 |
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 | $855 |
All other expenses | $169 |
Total functional expenses | $237,525 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $624,308 |
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 | $624,308 |
Accounts payable and accrued expenses | $19,497 |
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 | $126,636 |
Total liabilities | $146,133 |
Net assets without donor restrictions | $478,175 |
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 | $624,308 |
Over the last fiscal year, we have identified 1 grants that New North Carolina Project Foundation has recieved totaling $300,000.
Awarding Organization | Amount |
---|---|
Imagine North Carolina First Raleigh, NC PURPOSE: Funding Non-Partisan Programming | $300,000 |
Organization Name | Assets | Revenue |
---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |