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CROATAN INSTITUTE

EIN 46-3673347 DURHAM, NC

Browse the largest nonprofits in North Carolina

Revenue 2024
$1,201,287
Expenses 2024
$1,703,190

Program services were 73.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
C30
Classification
2800
Street
PO BOX 2044

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

CROATAN INSTITUTE IS AN INDEPENDENT, NONPROFIT RESEARCH AND ACTION INSTITUTE WHOSE MISSION IS TO BUILD SOCIAL EQUITY AND ECOLOGICAL RESILIENCE BY LEVERAGING FINANCE TO CREATE PATHWAYS TO A JUST ECONOMY.

Activities or mission (Part I)

TO BUILD SOCIAL EQUITY AND ECOLOGICAL RESILIENCE BY LEVERAGING FINANCE TO CREATE A JUST ECONOMY

  • ECOLOGICAL RESILIENCE - CONTINUED DEVELOPMENT OF THE NORTH CAROLINA SOIL WEALTH AREAS, PLACE-BASED FINANCING DISTRICTS THAT CONNECT REGENERATIVE AGRICULTURE PRODUCERS AND VALUE CHAIN BUSINESSES WITH ALIGNED CAPITAL AND TECHNICAL ASSISTANCE. ORGANIZED A CONVENING OF OVER 40 STAKEHOLDERS IN NC FOR A TWO-DAY WORKING SESSION FOR DEEP DISCUSSIONS, FIELD VISITS, AND TRUST BUILDING. LAUNCHED A NEW COHORT OF TEN FARMERS TO SUPPORT ON-FARM IMPLEMENTATION OF CONSERVATION PRACTICES, DEVELOP BUSINESS PLANS, AND CONNECT FARMERS TO ALIGNED CAPITAL. RELEASED A NEW REPORT, "MODELS AND OPPORTUNITIES FOR FINANCING GRAIN CHAINS IN THE MIDWEST." FINALIZED RESEARCH ON TWO PROJECTS, ONE ON AGROFORESTRY FINANCE AND ONE ON THE MARKET POTENTIAL OF THE NUTRITIONAL AND ECOSYSTEM BENEFITS OF REGENERATIVE AGRICULTURE WHICH WILL CULMINATE IN FORTHCOMING REPORTS TO BE RELEASED IN 2025. FINALIZED AND PREMIERED ITS FIRST-EVER SHORT FILM, "SOIL WEALTH: INVESTING IN REGENERATIVE AGRICULTURE," WHICH DEMONSTRATES EFFECTIVE PRACTICAL SOLUTIONS FOR FUNDING THE FUTURE OF RESILIENT AND SUSTAINABLE FOOD SYSTEMS.

    Expenses $423,490 · Revenue $58,219

  • SOCIAL EQUITY - CROATAN INSTITUTE WELCOMED OVER 30 FARMERS, TECHNICAL ASSISTANCE PROVIDERS, AND INVESTORS TO THE INAUGURAL FARMER STAKEHOLDER MEETING IN NORTH CAROLINA TO PROVIDE DIRECT ONE-ON-ONE SUPPORT AND ACCESS TO NEW PROGRAMS TO SUPPORT FARMERS AND LANDOWNERS' NEEDS. LED 6TH COHORT OF UNDERSERVED FARMERS IN NORTH CAROLINA, WHICH INCLUDED AN IN-PERSON WORKSHOP DAY CENTERED ON PERSONAL FINANCIAL SECURITY. BUILT THE FARMWISE HUB, A VIRTUAL PLATFORM OFFERING FREE, ONLINE WORKSHOPS ALONG WITH ONE-TO-ONE FINANCIAL COACHING TO ASSIST UNDERSERVED FARMERS, RANCHERS, AND LANDOWNERS BUILD STRONG FINANCIAL SYSTEMS THAT LEAD TO GREATER RESILIENCE AND IMPROVED ACCESS TO WEALTH-BUILDING OPPORTUNITIES. DEVELOPED THE NORTH CAROLINA EQUITABLE FOODSHED MAP, A RESOURCE TO SUPPORT FARMERS SEEKING TECHNICAL ASSISTANCE AND FINANCIAL SUPPORT. COMPILED A COLLECTION OF USDA RESOURCES AND BUILT AN AGRITOURISM DIRECTORY OF SMALL AND UNDERSERVED FARMS FOR THE FARMWISE PLATFORM.

    Expenses $414,760 · Grants $750 · Revenue $56,993

  • TRANSFORMATIVE FINANCE - CROATAN INSTITUTE RELEASED A NEW RAISER (RESEARCH, ACTION, AND INSIGHTS FOR SOCIAL AND ENVIRONMENTAL RETURNS) TOOL TO HIGHLIGHT THE INSTITUTE'S RIGOROUS INVESTMENT RESEARCH, INCLUDING A POWERFUL DATABASE OF INVESTABLE PRODUCTS ACROSS ASSET CLASSES. LAUNCHED TWO PUBLICLY AVAILABLE DATASETS ON THE INSTITUTE'S WEBSITE - A FOOD AND AGRICULTURE INVESTMENT DATASET HIGHLIGHTING INVESTIBLE OPPORTUNITIES ADVANCING SUSTAINABLE AND REGENERATIVE AGRICULTURE, AND A RACIAL EQUITY INVESTING DATASET HIGHLIGHTING INVESTIBLE PRODUCTS AND ADVISORS ADVANCING EQUITABLE OUTCOMES FOR COMMUNITIES AND ENTREPRENEURS OF COLOR. HOSTED THE BLAISE PROGRAM'S VIRTUAL LEARNING WEEK WITH OVER 80 STUDENT PARTICIPANTS REPRESENTING NEARLY FIFTY UNIVERSITIES AND COLLEGES TO LEARN FROM AND NETWORK WITH TWENTY-EIGHT INDUSTRY LEADERS IN THE IMPACT INVESTING SPACE.

    Expenses $410,190 · Revenue $56,365

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Joshua Humphreys

    PRESIDENT/CHAIR, SENIOR FELLOW

    Total calculated
    $149,901
    From this org
    $141,065
    From related orgs
    $0
    Other
    $8,836
    Hours/week
    40

  • Christi Electris

    ED, SR. FELLOW, AND BOARD DIRECTOR

    Total calculated
    $129,903
    From this org
    $127,354
    From related orgs
    $0
    Other
    $2,549
    Hours/week
    40

  • Sharlene Brown

    TREASURER (THRU NOV), SENIOR FELLOW

    Total calculated
    $120,404
    From this org
    $113,305
    From related orgs
    $0
    Other
    $7,099
    Hours/week
    30

  • Anna Aspenson

    DIRECTOR, SENIOR ASSOCIATE

    Total calculated
    $82,316
    From this org
    $77,109
    From related orgs
    $0
    Other
    $5,207
    Hours/week
    40

  • Abraham Jones

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • David Sand

    TREASURER (AS OF DECEMBER)

    Total calculated
    $0
    Hours/week
    0.75

  • William J Barber III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gerardo Espinoza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Masika Henson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lisa Woll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,201,287
    Expenses
    $1,703,190
    Contributions
    $994,541
    Grants paid
    $750
  • 2023
    Revenue
    $1,999,080
    Expenses
    $1,631,380
    Contributions
    $1,672,099
    Grants paid
    $10,450
  • 2022
    Revenue
    $1,384,434
    Expenses
    $1,488,612
    Contributions
    $868,166
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $818,932
    Expenses
    $774,294
    Assets (EOY)
    $638,090

  • 2020 · 990

    Revenue
    $585,197
    Expenses
    $496,726
    Assets (EOY)
    $621,450

  • 2020 · 990

    Revenue
    $834,360
    Expenses
    $542,178
    Assets (EOY)
    $531,016

  • 2019 · 990

    Revenue
    $212,926
    Expenses
    $213,069
    Assets (EOY)
    $126,367

  • 2018 · 990

    Revenue
    $253,306
    Expenses
    $222,820
    Assets (EOY)
    $109,649

  • 2017 · 990

    Revenue
    $125,893
    Expenses
    $199,305
    Assets (EOY)
    $45,482

  • 2016 · 990

    Revenue
    $314,180
    Expenses
    $260,813
    Assets (EOY)
    $127,825

  • 2015 · 990

    Revenue
    $209,848
    Expenses
    $228,124
    Assets (EOY)
    $60,314

  • 2014 · 990

    Revenue
    $302,278
    Expenses
    $319,412
    Assets (EOY)
    $53,316

  • 2013 · 990-EZ

    Revenue
    $53,903
    Expenses
    $27,819
    Assets (EOY)
    $42,199

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.