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Nonprofiteer
← CAROLINA FEDERATION FUND

Form 990 for tax year 2024

Filed by CAROLINA FEDERATION FUND.

Totals

Total revenue
$2,309,364
Total expenses
$1,370,586
Contributions and grants received
$2,277,053
Grants paid
$80
Program service revenue
$0
Investment income
$24,293
Other revenue
$8,018
Total assets, end of year
$2,533,816
Total liabilities, end of year
$89,082
Net assets or fund balances, end of year
$2,444,734
Program services expenses (Part IX)
$904,070
Management and general expenses
$373,422
Fundraising expenses
$93,094
Program service expenses (Part III)
$904,070

Program services were 66.0% 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

    $2,277,053

  • 3 · Investment income

    total $24,293 · excluded $24,293

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $8,018 · excluded $8,018

  • 11e · Other revenue, total

    $8,018

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $80 · program services $80

  • 5 · Compensation of officers, directors and key employees

    total $95,366 · program services $70,494 · management and general $22,756 · fundraising $2,116

  • 7 · Other salaries and wages

    total $686,195 · program services $486,090 · management and general $142,931 · fundraising $57,174

  • 9 · Other employee benefits

    total $98,070 · program services $61,420 · management and general $29,924 · fundraising $6,726

  • 10 · Payroll taxes

    total $64,050 · program services $46,091 · management and general $13,103 · fundraising $4,856

  • 11a · Fees: management

    total $92,825 · program services $66,100 · management and general $19,638 · fundraising $7,087

  • 11b · Fees: legal

    total $844 · management and general $844

  • 11c · Fees: accounting

    total $56,436 · management and general $56,436

  • 11g · Fees: other

    total $70,304 · program services $41,559 · management and general $28,495 · fundraising $250

  • 12 · Advertising and promotion

    total $27,792 · program services $21,792 · management and general $6,000

  • 13 · Office expenses

    total $22,552 · program services $12,130 · management and general $971 · fundraising $9,451

  • 16 · Occupancy

    total $44,053 · management and general $44,053

  • 17 · Travel

    total $26,475 · program services $25,370 · management and general $188 · fundraising $917

  • 19 · Conferences, conventions and meetings

    total $61,878 · program services $55,380 · management and general $2,381 · fundraising $4,117

  • 24a · Other expenses: REGISTRATION FEES

    total $12,299 · program services $11,774 · management and general $125 · fundraising $400

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $6,334 · program services $1,000 · management and general $5,334

  • 24c · Other expenses: CHAPTER EXPENSES FROM D

    total $1,811 · program services $1,712 · management and general $99

  • 24d · Other expenses: MERCHANT SERVICE FEES

    total $748 · program services $614 · management and general $134

  • 24e · All other expenses

    total $2,474 · program services $2,464 · management and general $10

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $872,335 · end of year $220,737

  • 2 · Savings and temporary cash investments

    beginning of year $202,492 · end of year $1,226,776

  • 3 · Pledges and grants receivable

    beginning of year $435,000 · end of year $455,750

  • 4 · Accounts receivable

    end of year $27,074

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,193 · end of year $603,479

  • 15 · Other assets

    beginning of year $42,799 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,863 · end of year $43,459

  • 25 · Other liabilities

    beginning of year $0 · end of year $45,623

  • 27 · Net assets without donor restrictions

    beginning of year $960,956 · end of year $1,272,916

  • 28 · Net assets with donor restrictions

    beginning of year $545,000 · end of year $1,171,818

Mission and programs · 2024

Mission

THE CAROLINA FEDERATION FUND IS A COMMUNITY ORGANIZING, CIVIC EDUCATION, AND LEADERSHIP DEVELOPMENT ORGANIZATION COMMITTED TO ECONOMIC, RACIAL, GENDER, AND ENVIRONMENTAL JUSTICE FOR ALL RESIDENTS OF THE STATE OF NORTH CAROLINA. THROUGH COMMUNITY EDUCATION AND LEADERSHIP TRAINING WE WORK TO DEVELOP THE CAPACITIES OF MULTI-RACIAL GROUPS TO ADDRESS LOCAL, STATEWIDE, AND NATIONAL ISSUES THAT IMPACT THE PEOPLE OF NORTH CAROLINA.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • BASE-BUILDING & MEMBERSHIP GROWTH PROGRAMS IN CHAPTER COUNTIES: FORSYTH, GUILFORD, DURHAM, AND NEW HANOVER

    Expenses $301,357 · Grants $27

  • INTENSIVE LEADERSHIP TRAININGS FOR STAFF AND MEMBER LEADERS.

    Expenses $301,357 · Grants $27

  • SITE-BASED AND DOORS-BASED VOTER REGISTRATION PROGRAM

    Expenses $301,356 · Grants $26

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sendolo Diaminah

    CO-DIRECTOR

    Total calculated
    $67,306
    From this org
    $24,025
    From related orgs
    $36,966
    Other
    $6,315
    Hours/week
    16 + 8 related

  • Jennifer Frye

    CO-DIRECTOR

    Total calculated
    $65,180
    From this org
    $15,119
    From related orgs
    $45,317
    Other
    $4,744
    Hours/week
    15 + 6 related

  • Aaron Bryant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Hashim Benford

    BOARD MEMBER (UNTIL 12/24)

    Total calculated
    $0
    Hours/week
    1

  • Cesar Leyva

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Anna Grant

    BOARD MEMBER (FROM 1/25)

    Total calculated
    $0
    Hours/week
    1

  • Whitney Maxey

    CHIEF OPERATING OFFICER (FROM 4/25)

    Total calculated
    $0
    Hours/week
    10 + 10 related

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2026
IRS schema version
2024v5.5
Source object
202611329349302556

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

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