Advance North Carolina Inc
Pub 78

Advance North Carolina Inc
Pub 78

Raleigh, NC, US
501(c)
EIN
47-2740671

Advance North Carolina Inc
Pub 78

Raleigh, NC, US
501(c)
EIN
47-2740671

Overview

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Est.

2015

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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ADVANCE NORTH CAROLINA INC is a nonprofit organization dedicated to building political and economic power in Black communities and institutions in North Carolina. With an operating budget of $2.5 million and total revenue of $3.5 million for the 2024 filing year, the organization is significantly supported by a diverse range of funders, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.advancecarolina.org.

Mission Statement

To build political and economic power in Black communities and institutions in North Carolina.
Revenues

$3.5M

Expenses

$2.7M

Net Income:
+$778.9K
Assets

$4.2M

Liabilities

$1.5M

Net Assets:
+$2.8M
Operating Budget

$2.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

13

Median grant size
$90K
Largest grant received
$1M
M
Marcus Bass
Board Member
D
Dionne Lester
Board Member
K
Kara Hollingsworth
Board Member

Frequently Asked Questions

What is Advance North Carolina Inc’s budget?
In 2024, Advance North Carolina Inc reported an annual operating budget of around $2.5 million. More detailed financial information is available to registered users.
What causes does Advance North Carolina Inc support?
Advance North Carolina Inc supports work in Economic development.
Where does Advance North Carolina Inc operate?
Advance North Carolina Inc is headquartered in Raleigh, NC.
Who funded Advance North Carolina Inc recently?
In 2024, Advance North Carolina Inc received grants from TIDES FOUNDATION, OPEN SOCIETY ACTION FUND INC, and WOMEN DONORS NETWORK ACTION. More information on this organization’s funders is available to registered users.
What is the largest grant Advance North Carolina Inc received in 2024?
The largest grant to Advance North Carolina Inc in 2024 exceeds $1 million.
Overview
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