Form 990 for tax year 2025
Filed by NORTH CAROLINA LEGISLATIVE BLACK CAUCUS FOUNDATION INC.
Totals
- Total revenue
- $195,868
- Total expenses
- $174,794
- Contributions and grants received
- $253,914
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5,828
- Other revenue
- -$63,874
- Total assets, end of year
- $372,149
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $372,149
- Program services expenses (Part IX)
- $153,995
- Management and general expenses
- $20,799
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $153,995
Program services were 88.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$253,914
-
3 · Investment income
total $5,828 · related or exempt $5,828
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$63,874
-
8c · Net income from fundraising events
total -$63,874 · excluded -$63,874
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $10,300 · management and general $10,300
-
12 · Advertising and promotion
total $619 · management and general $619
-
13 · Office expenses
total $339 · management and general $339
-
24a · Other expenses: SCHOLARSHIPS
total $150,000 · program services $150,000
-
24b · Other expenses: WEBSITE
total $4,516 · management and general $4,516
-
24c · Other expenses: PUBLIC POLICY
total $3,995 · program services $3,995
-
24d · Other expenses: MEALS & ENTERTAINMENT
total $3,741 · management and general $3,741
-
24e · All other expenses
total $1,284 · management and general $1,284
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,175 · end of year $179,384
-
2 · Savings and temporary cash investments
beginning of year $225,408 · end of year $76,589
-
4 · Accounts receivable
beginning of year $95,750 · end of year $115,683
-
9 · Prepaid expenses and deferred charges
beginning of year $493 · end of year $493
-
10a · Land, buildings and equipment: cost or other basis
$12,093
-
10b · Land, buildings and equipment: accumulated depreciation
$12,093
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $333,076 · end of year $330,149
-
28 · Net assets with donor restrictions
beginning of year $50,750 · end of year $42,000
Mission and programs · 2025
Mission
CREATE A CULTURE THAT VALUES ALL PEOPLE AND PRESERVES AND CELEBRATES THE HISTORY OF ALL CITIZENS. REMEDY HISTORIC INJUSTICES LEVIED AGAINST AFRICAN AMERICANS AND WOMEN.
-
HOSTED ANNUAL EVENT - SCHOLARSHIP LUNCHEON - TO RAISE MONEY FOR SCHOLARSHIPS. ALSO CONTRIBUTED SCHOLARSHIPS OF $150,000.00 TO (10) NC BASED HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.
Expenses $153,995
As filed on the 2025 return.
Listed in Part VII
-
Paul LowePAUL LOWE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Lisa HodgesLISA HODGES
1ST VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Nigel PierceNIGEL PIERCE
2ND VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth GibbsKENNETH GIBBS
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Diamond Staton-WilliamsDIAMOND STATON-WILLIAMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Linda ColemanLINDA COLEMAN
PARLIAMENTARIAN
- Total calculated
- $0
- Hours/week
- 1
-
Fred AtkinsFRED ATKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Angela BryantANGELA BRYANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin ClaytonJUSTIN CLAYTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Angella DunstonANGELLA DUNSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
John EasterlingJOHN EASTERLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
James GailliardJAMES GAILLIARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Rosa GillROSA GILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stacy GrierSTACY GRIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Addie GatewoodADDIE GATEWOOD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Jim HarrellJIM HARRELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Yvonne HolleyYVONNE HOLLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Frances JacksonFRANCES JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Natalie MurdockNATALIE MURDOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Garland PierceGARLAND PIERCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Tanyetta SuttonTANYETTA SUTTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Johnny TillettJOHNNY TILLETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
John WhiteJOHN WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
-
Shawna WilliamsSHAWNA WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 15 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611359349313821
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