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Nonprofiteer
← NC SOUND ECONOMY INC

Form 990-EZ for tax year 2023

Filed by NC SOUND ECONOMY INC.

Totals

Total revenue
$50,089
Total expenses
$47,214
Contributions and grants received
$50,000
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
$89
Total assets, end of year
$56,151
Total liabilities, end of year
$250
Net assets or fund balances, end of year
$55,901
Program service expenses (Part III)
$42,504

Program services were 90.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

PROMOTING THE SOCIAL WELFARE OF THE PEOPLE OF THE STATE OF NORTH CAROLINA BY A) EDUCATING THE GENERAL PUBLIC ABOUT THE ECONOMIC IMPACT OF THE STATE'S FISHERIES MANAGEMENT LAWS AND POLICIES; B) ADVOCATING FOR REFORMS TO SUCH LAWS AND POLICIES THAT WILL HELP INCREASE THE STATE'S FISH STOCKS; C) ENGAGING IN ANY AND ALL LAWFUL ACTIVITIES THAT ARE APPROPRIATE TO CARRY OUT AND FULFILL ANY OR ALL OF SUCH PURPOSES.

  • ADVOCATED FOR IMPROVEMENTS TO LAWS AND POLICIES THAT WILL HELPINCREASE THE ABUNDANCE OF THE STATE'S FISH STOCKS WHILE GROWING THEIR ECONOMIC VALUE. EDUCATED POLICY MAKERS AND THE PEOPLE OF NORTH CAROLINA REGARDING THOSE ISSUES, HIGHLIGHTING THE NEED FOR TIMELY AND ACCURATE FISHERIES DATA. NC SOUND ECONOMY ASSISTED WITH DRAFT LEGISLATION AND PROVIDED CONTINUED SUPPORT FOR A MANDATORY HARVEST REPORTING SYSTEM INTENDED TO ELIMINATE DATA GAPS IN BOTH COMMERCIAL AND RECREATIONAL FISHERIES. THIS INCLUDED ADVOCATING FOR A $5 MILLION BUDGET PROVISION TO BE DIRECTED TO THE NC DIVISION OF MARINE FISHERIES TO DEVELOP THE HARVEST REPORTING PLATFORMS. BOTH THE NEW HARVEST LEGISLATION AND THE $5 MILLION IN FUNDING FOR PROJECT IMPLEMENTATION WERE ULTIMATELY APPROVED BY THE NC GENERAL ASSEMBLY.

    Expenses $42,504

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Allen E Gant Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Thomas G Hurt

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • John B Robbins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doyle Parrish

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charles Fuller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
19 February 2024
IRS schema version
2023v4.0
Source object
202400519349201105

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