Totals
- Total revenue
- $359,655
- Total expenses
- $393,649
- Contributions and grants received
- $278,617
- Grants paid
- $0
- Program service revenue
- $69,107
- Investment income
- $11,931
- Other revenue
- $0
- Total assets, end of year
- $768,221
- Total liabilities, end of year
- $32,754
- Net assets or fund balances, end of year
- $735,467
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1b · Membership dues
$163,089
-
1f · All other contributions, gifts and grants
$115,528
-
2a · Program service revenue: PROGRAM EVENTS
total $63,557 · related or exempt $63,557
-
2b · Program service revenue: SPONSORSHIP
total $5,550 · related or exempt $5,550
-
3 · Investment income
total $11,931 · excluded $11,931
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $102,750
-
7 · Other salaries and wages
total $59,963
-
10 · Payroll taxes
total $13,237
-
11c · Fees: accounting
total $5,880
-
12 · Advertising and promotion
total $10,908
-
13 · Office expenses
total $1,421
-
14 · Information technology
total $8,542
-
17 · Travel
total $20,269
-
19 · Conferences, conventions and meetings
total $58,689
-
20 · Interest
total $152
-
24a · Other expenses: EVENTS EXPENSE
total $89,707
-
24b · Other expenses: INDEPENDENT CONTRACTOR
total $8,755
-
24c · Other expenses: PHONE & INTERNET
total $5,944
-
24d · Other expenses: TRAINING & EDUCATION
total $4,003
-
24e · All other expenses
total $3,429
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $253,461 · end of year $131,493
-
2 · Savings and temporary cash investments
beginning of year $13,806 · end of year $34,486
-
4 · Accounts receivable
beginning of year $548 · end of year $1,168
-
11 · Investments: publicly traded securities
beginning of year $454,167 · end of year $601,074
-
17 · Accounts payable and accrued expenses
beginning of year $111 · end of year $603
-
25 · Other liabilities
beginning of year $8,066 · end of year $32,151
-
27 · Net assets without donor restrictions
beginning of year $713,805 · end of year $735,467
Mission and programs · 2023
Mission
CFA NORTH CAROLINA PROMOTES ADHERENCE TO THE HIGHEST LEVEL OF PROFESSIONAL STANDARDS AND CONDUCT WITHIN THE INVESTMENT INDUSTRY. WE ENCOURAGE THE PROFESSIONAL DEVELOPMENT AND INTEREST OF THE MEMBERS THROUGH THE CFA PROGRAM AND CONTINUING EDUCATION. WE FACILITATE THE EXCHANGE OF INFORMATION AND OPINIONS AMONG PEOPLE WITHIN THE LOCAL INVESTMENT COMMUNITY AND BEYOND, AND INCREASE AWARENESS AND UNDERSTANDING OF THE CHARTERED FINANCIAL ANALYST DESIGNATION AND INVESTMENT INDUSTRY TO THE PUBLIC.
Activities or mission (Part I)
THE CFA NORTH CAROLINA SOCIETY PROMOTES ETHICAL AND PROFESSIONAL STANDARDS WITHIN THE INVESTMENT INDUSTRY, ENCOURAGES PROFESSIONAL DEVELOPMENT THROUGH THE CFA PROGRAM AND FACILITATES THE OPEN EXCHANGE OF INFORMATION AND OPINIONS.
-
CFA NC PROVIDES INVESTMENT SEMINARS AND NETWORKING OUTLETS FOR MEMBERS ACROSS THE STATE. THIS INCLUDES THE ANNUAL OUTLOOK DINNER, MONTHLY EDUCATIONAL BREAKFASTS/LUNCHES AND ANNUAL MEMBERSHIP MEETINGS (TOTAL OF 35 PROGRAMS).
-
CFA NORTH CAROLINA SOCIETY ANNUALLY PROVIDES TEN (10) MERIT BASED SCHOLARSHIPS OF $800 EACH TO CFA CANDIDATES LIVING IN NC FOR PARTIAL PAYMENT OF THE CFA EXAM REGISTRATION.
-
CFA NC PROVIDES EDUCATIONAL PROGRAMS TO SUPPORT PROFESSIONAL DEVELOPMENT OF CFA MEMBERS AND CANDIDATES.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matthew K UnderwoodMATTHEW K UNDERWOOD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Sumali SanyalSUMALI SANYAL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Lauretta ReevesLAURETTA REEVES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Casey BaumCASEY BAUM
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jake LiuJAKE LIU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa WeissLISA WEISS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael HakeremMICHAEL HAKEREM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert LamyROBERT LAMY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erik KeenerERIK KEENER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam KirbySAM KIRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brittany PriesterBRITTANY PRIESTER
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.25
-
Nirup SahooNIRUP SAHOO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheri GilletteSHERI GILLETTE
EXECUTIVE DIRECTOR
- Total calculated
- $102,750
- From this org
- $102,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2023
- Filed
- 13 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520159349301507
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.