NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC Charity Report

Public IRS 990 nonprofit record

NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC

EIN 56-1513432 · Educational Services (B90)

What they do

THE ORGANIZATION CONSISTS of BUSINESSES THROUGHOUT NORTH CAROLINA WHO SHARE A COMMON DESIRE to IMPROVE THE PUBLIC EDUCATION SYSTEM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.55%of revenue went to mission work93.8% of expenses · Program services

0.27%of revenue went to fundraising0.3% of expenses

$85.89spent for every $100 of revenueRevenue covered expenses this year.

5.08%of revenue went to management and office costs5.9% of expenses

$0.70in assets for every $1 spent this yearSome assets cannot be spent right away.

99.3%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,663,302

Mission workProgram services$4,561,74280.55% of revenue93.8% of expenses

ManagementOffice and general costs$287,4515.08% of revenue5.9% of expenses

FundraisingAsking for donations$15,1280.27% of revenue0.3% of expenses

Revenue left after expensesReported annual surplus$798,98114.11% of revenueShown in gray on the chart

Total expenses$4,864,32185.89% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.8% mission · 5.9% management · 0.3% fundraisingTotal expenses: 85.89% of revenue

2023Expense mix: 91.6% mission · 8.1% management · 0.3% fundraisingTotal expenses: 63.91% of revenue

2022Expense mix: 85.8% mission · 12.7% management · 1.4% fundraisingTotal expenses: 118.49% of revenue

2021Expense mix: 96.4% mission · 3.3% management · 0.3% fundraisingTotal expenses: 161.29% of revenue

2020Expense mix: 92.4% mission · 6.2% management · 1.4% fundraisingTotal expenses: 42.66% of revenue

2019Expense mix: 86.9% mission · 10.6% management · 2.5% fundraisingTotal expenses: 142.73% of revenue

2018Expense mix: 79.2% mission · 12.5% management · 8.3% fundraisingTotal expenses: 75.27% of revenue

2017Expense mix: 74.0% mission · 18.3% management · 7.7% fundraisingTotal expenses: 103.71% of revenue

Money in and money out

Revenue$5,663,302

Expenses$4,864,321

Annual surplus $798,981 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,561,742 · 93.8% of expenses

Management and office costs$287,451 · 5.9% of expenses

Fundraising$15,128 · 0.3% of expenses

See all reported dollar amounts

Revenue$5,663,302

Expenses$4,864,321

Assets$3,387,577

Income$5,663,302

Contributions$5,623,587

Mission work (program services)$4,561,742

Fundraising$15,128

Grants given$227,095

Average grant$75,698

Management and general$287,451

Accounting fees$95,188

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (28)

JULIA WRIGHT-DOMINION ENERGYVICE CHAIR

WILL SUTTON-TRUIST BANKDIRECTOR

TEROSS YOUNG-FOOD LIONDIRECTOR

SUZIE KOONCE-WELLS FARGO FOUNDATIONDIRECTOR

STEVE MCGLOTHLIN-GERBER COLLISIONDIRECTOR

STEVE EVANS-SMITHFIELDDIRECTOR

SARAH GASKILL-FUJIFILMDIRECTOR

REBECCA QUINN-WOLF-PNCDIRECTOR

NICOLE RAMSDELL-BELKDIRECTOR

MILANKA MEUCKE-LENOVODIRECTOR

MIKE WALKER-ATTDIRECTOR

MIKE HOGAN-SIEMENSDIRECTOR

LILYN HESTER-GOOGLEDIRECTOR

LESLIE WALDENCHAIR

ADRI MAISONET-BCBS OF NCDIRECTOR

JENA COLLINS-APPLE COMPUTERSDIRECTOR

INDIRA EVERETT-DUKE ENERGYDIRECTOR

HILLARY CRITTERDON-ATRIUM HEALTHDIRECTOR

GEOFFREY COLTRANE-OFFICE OF THE GOVDIRECTOR

ERICA HENDERSON-GLAXOSMITHKLINEDIRECTOR

EMILY ZIEGLER-UNC HEALTH CAREDIRECTOR

CREIGHTON BLACKWELL-COASTAL CREDITDIRECTOR

CORNEL VAN DER WATT-CATERPILLARTREASURER

CLARENCE WILLIAMS-DELLDIRECTOR

CHRIS MASLIN-BILTMOREDIRECTOR

CAROLINE SULLIVANEXEC DIR & S

ANDREW BENTON-SMITH ANDERSON LAWDIRECTOR

ALBERT ECKEL-ECKEL VAUGHANDIRECTOR

About this charity

Recognized since: January 1986
Location: 20301 MAIL SERVICE CTR, RALEIGH, NC 27699-0300
County: Wake
In care of: CAROLINE SULLIVAN
Primary officer: CAROLINE SULLIVAN, EXEC DIR & SECRETARY

How to reach them

WebsiteVisit the charity’s website EmailNCBCEADMIN@NC.GOV Phone(919) 814-2020 Officer phone(919) 814-2021

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LANGDON & COMPANY LLP
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services
Grant-giving organization: Yes