Skip to content
Nonprofiteer
← NORTH CAROLINA LEGISLATIVE BLACK CAUCUS FOUNDATION INC

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 Lowe

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Lisa Hodges

    1ST VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Nigel Pierce

    2ND VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Gibbs

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Diamond Staton-Williams

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5
  • Linda Coleman

    PARLIAMENTARIAN

    Total calculated
    $0
    Hours/week
    1
  • Fred Atkins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Angela Bryant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Justin Clayton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Angella Dunston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • John Easterling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • James Gailliard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Rosa Gill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacy Grier

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Addie Gatewood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Jim Harrell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Yvonne Holley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Frances Jackson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Natalie Murdock

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Garland Pierce

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Tanyetta Sutton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Johnny Tillett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • John White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5
  • Shawna 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

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.