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Nonprofiteer
← WESTERN NORTH CAROLINA JOURNALISM FOUNDATION

Form 990 for tax year 2024

Filed by WESTERN NORTH CAROLINA JOURNALISM FOUNDATION.

Totals

Total revenue
$55,767
Total expenses
$151,713
Contributions and grants received
$55,752
Grants paid
$84,000
Program service revenue
$0
Investment income
$15
Other revenue
$0
Total assets, end of year
$6,396
Total liabilities, end of year
$1,936
Net assets or fund balances, end of year
$4,460
Program services expenses (Part IX)
$124,189
Management and general expenses
$27,524
Fundraising expenses
$0
Program service expenses (Part III)
$124,189

Program services were 81.9% 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

    $55,752

  • 3 · Investment income

    total $15 · excluded $15

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $84,000 · program services $84,000

  • 5 · Compensation of officers, directors and key employees

    total $53,333 · program services $37,333 · management and general $16,000

  • 10 · Payroll taxes

    total $4,080 · program services $2,856 · management and general $1,224

  • 11c · Fees: accounting

    total $2,785 · management and general $2,785

  • 12 · Advertising and promotion

    total $1,121 · management and general $1,121

  • 13 · Office expenses

    total $1,947 · management and general $1,947

  • 14 · Information technology

    total $400 · management and general $400

  • 16 · Occupancy

    total $2,400 · management and general $2,400

  • 19 · Conferences, conventions and meetings

    total $66 · management and general $66

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $1,039 · management and general $1,039

  • 24b · Other expenses: LICENSES & PERMITS

    total $542 · management and general $542

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $100,406 · end of year $6,396

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,936

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $100,406 · end of year $4,460

Mission and programs · 2024

Mission

TO NURTURE AND SUSTAIN A LOCAL NEWS ECOSYSTEM, STARTING WITH DIRECT SUPPORT TO INDEPENDENT, LOCAL PRINT AND DIGITAL MEDIA PUBLICATIONS PROVIDING RELEVANT LOCAL NEWS.

Activities or mission (Part I)

SUPPORT INDEPENDENT, LOCAL PRINT AND DIGITAL MEDIA PUBLICATIONS PROVIDING RELEVANT LOCAL NEWS.

  • SUPPORTING ALL-LOCAL, IN-DEPTH, ORIGINAL NONPARTISAN JOURNALISM ON A BROAD RANGE OF TOPICS FOR WESTERN NC RESIDENTS, STARTING WITH BURKE COUNTY.

    Expenses $124,189 · Grants $84,000

As filed on the 2024 return.

Listed in Part VII

  • Caroline Avery

    INTERIM PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Nancy Vannoppen

    VICE-PRESIDENT/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mark Miller

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Barbara Wetsig-Lynam

    EXECUTIVE DIRECTOR

    Total calculated
    $53,333
    From this org
    $53,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Allen Vannoppen

    FORMER PRESIDENT

    Total calculated
    $0
    Hours/week
    1

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

  • MORGANTON MEDIA GROUP LLC

    $84,000

    DIRECT SUPPORT TO THE PUBLICATION OF 'THE PAPER'

Provenance

Return type
form_990
Tax year
2024
Filed
11 August 2025
IRS schema version
2024v5.2
Source object
202502249349301105

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