Form 990 for tax year 2023

Totals

Total revenue

$2,847,943

Total expenses

$2,124,847

Contributions and grants received

$2,553,762

Grants paid

$0

Program service revenue

$266,310

Investment income

$27,871

Other revenue

$0

Total assets, end of year

$3,648,267

Total liabilities, end of year

$63,381

Net assets or fund balances, end of year

$3,584,886

Program services expenses (Part IX)

$1,342,549

Management and general expenses

$782,298

Fundraising expenses

$0

Program service expenses (Part III)

$1,342,549

Program services were 63.2% 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.

Mission and programs · 2023

• WE SUPPORT THE CAROLINA CYBER NETWORK'S MISSION TO BETTER PREPARE STUDENTS FOR CAREERS IN CYBERSECURITY AND STRENGTHEN THE SECURITY OF ORGANIZATIONS ACROSS NORTH CAROLINA. OUR SERVICES INCLUDE MANAGING AND SUPPORTING A SECURITY OPERATIONS CENTER (SOC) ENVIRONMENT, WHERE OVER 200 STUDENTS FROM MORE THAN 10 NC INSTITUTIONS HAVE GAINED HANDS-ON EXPERIENCE THROUGH SIMULATED EXERCISES AND REAL-WORLD CYBERSECURITY PROJECTS. WE HAVE PASSIVELY SCANNED AND ASSESSED THE CYBERSECURITY POSTURE OF OVER 1,000 ORGANIZATIONS ACROSS THE STATE AND HAVE DELIVERED CYBERSECURITY AWARENESS SESSIONS TO MORE THAN 75 SMALL AND MID-SIZED BUSINESSES (SMBS) AND MUNICIPALITIES. WE ASSIST IN IDENTIFYING AND SECURING INTERNSHIP OPPORTUNITIES BY BUILDING PARTNERSHIPS WITH INDUSTRY AND GOVERNMENT, AND HAVE HELPED DEVELOP A MENTORSHIP PROGRAM THAT CONNECTS STUDENTS WITH EXPERIENCED CYBERSECURITY PROFESSIONALS.

  Expenses $1,104,416 · Revenue $266,310

• CITY OF REFUGE: IN PARTNERSHIP WITH CITY OF REFUGE, WE DELIVERED A CYBERSECURITY TRAINING PROGRAM TO 30 STUDENTS ACROSS TWO COHORTS. OUR TEAM PROVIDED CURRICULUM AND HANDS-ON TRAINING DESIGNED TO EQUIP PARTICIPANTS WITH FOUNDATIONAL CYBERSECURITY KNOWLEDGE AND JOB-READY SKILLS. CITY OF REFUGE, KNOWN FOR ITS HOLISTIC APPROACH TO SERVING INDIVIDUALS AND FAMILIES IN CRISIS, INTEGRATED THIS PROGRAM INTO ITS BROADER MISSION OF COMMUNITY REVITALIZATIONOFFERING RESOURCES SUCH AS HOUSING, HEALTHCARE, JOB TRAINING, AND YOUTH DEVELOPMENT. THIS INITIATIVE HELPED PARTICIPANTS TAKE MEANINGFUL STEPS TOWARD STABLE, HIGH-DEMAND CAREERS IN CYBERSECURITY.

  Expenses $172,111

• WORKFORCE DEVELOPMENT (DOGWOOD HEALTH TRUST): THROUGH SUPPORT FROM THE DOGWOOD HEALTH TRUST, THE CAROLINA CYBER CENTER TRAINED 13 STUDENTS IN 2024 ACROSS TWO COHORTS AND OVERALL OVER 30 STUDENTS SINCE ITS INCEPTION. THIS PROGRAM FOCUSES ON PREPARING PARTICIPANTS FOR CAREERS IN CYBERSECURITY THROUGH INDUSTRY-RECOGNIZED CERTIFICATIONS AND HANDS-ON EXPERIENCE. MANY STUDENTS RECEIVED STIPENDS AND WRAPAROUND SUPPORT SERVICES, ALLOWING THEM TO FOCUS FULLY ON THEIR TRAINING. THE INITIATIVE AIMED TO REMOVE BARRIERS TO EDUCATION AND CREATE PATHWAYS TO HIGH-DEMAND, HIGH-WAGE CYBERSECURITY ROLES IN THE REGION.

  Expenses $66,022

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

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

• MONTREAT COLLEGE FOUNDATION

  501(C)(3) · TO SUPPORT THE EDUCATIONAL PURPOSE OF MONTREAT COLLEGE · NC

• MONTREAT COLLEGE

  501(C)(3) · HIGHER EDUCATION · NC

Provenance

Return type

form_990

Tax year

2023

Filed

7 April 2025

IRS schema version

2023v6.0

Source object

202521159349301302

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.