2024-03-08T00:32:30-06:00 2023-04-30 221478099 COHNREZNICK LLP 525 NORTH TRYON STREET CHARLOTTE NC 28202 990 2022-05-01 561273347 NORTH CAROLINA CPA FOUNDATION INC NORT 9194691040 PO BOX 80188 RALEIGH NC 27623 LARA NICOLE VANN DIRECTOR OF FINANCE/ADMINISTRATION 9194691040 2024-03-05 1 LARA NICOLE VANN 999009999 0 LORI ROTHE YOKOBOSKY CPA P01273422 7043329100 2024-03-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LARA NICOLE VANN PO BOX 80188 RALEIGH NC 27623 164690 0 X N/A X 1980 NC TO FURTHER DEVELOPMENT OF ACCOUNTING EDUCATION AND PROFESSION IN NORTH CAROLINA. 12 12 0 12 0 0 227006 146142 0 0 22232 18548 0 0 249238 164690 130000 110000 0 0 0 0 0 0 0 12956 9928 142956 119928 106282 44762 960710 1034638 16921 43333 943789 991305 TO FURTHER THE DEVELOPMENT OF ACCOUNTING EDUCATION AND THE ACCOUNTING PROFESSION IN THE STATE OF NORTH CAROLINA. 0 0 94500 94500 NC CPA FOUNDATION SCHOLARSHIPS AWARDS 3 LEVELS OF SCHOLARSHIPS TO DESERVING ACCOUNTING STUDENTS RANGING FORM $1,500-$2,500 BASED ON VARYING CRITERIA. 15500 15500 JAMES MCCOY ACCOUNTING SCHOLARSHIP PROGRAM AWARDS ACADEMIC AND NEEDS-BASED SCHOLARSHIPS TO ACCOUNTING STUDENTS ATTENDING NORTH CAROLINA COLLEGES, UNIVERSITIES, AND COMMUNITY COLLEGES. 110000 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NC X LARA NICOLE VANN 9194691040 3100 GATEWAY CENTRE BLVD MORRISVILLE NC 27560 ANTONETTE TONI LOCKETT MEMBER 1.00 X 0 0 0 DAN LAVELLE MEMBER 1.00 X 0 0 0 JOSH SHOULDERS MEMBER 1.00 X 0 0 0 KAREN GASKILL MEMBER 1.00 X X 0 0 0 KARI HIPSAK MEMBER 1.00 X 0 0 0 KELLI ROBERTS MEMBER 1.00 X 0 0 0 LISA OWENS-JACKSON PRESIDENT 1.00 X X 0 0 0 MARY MCCOY MEMBER 1.00 X 0 0 0 MICHELLE TRACZ CPA CFE VICE PRESIDENT 1.00 X X 0 0 0 RACHEL CHANEY TREASURER 1.00 X X 0 0 0 ROBY SAWYERS MEMBER 1.00 X 0 0 0 SANDRA BREITSCHWERDT MEMBER 1.00 X 0 0 0 LARA VANN DIRECTOR OF FINANCE & ADMIN. 1.00 43.00 X 0 135792 31827 MARK SOTICHECK CHIEF OPERATING OFFICER 1.00 53.00 X 0 242990 55229 SHARON BRYSON CHIEF EXECUTIVE OFFICER 1.00 59.00 X 0 392602 116366 0 771384 203422 0 0 1 0 0 61126 85016 146142 16432 16432 2116 0 2116 2116 2116 164690 0 0 18548 110000 110000 2104 2104 7739 7739 85 85 119928 110000 9928 0 222690 190214 25053 112535 274 712693 731889 960710 1034638 16921 43333 16921 43333 X 460160 486219 483629 505086 943789 991305 960710 1034638 44762 2754 0 X 0 1 X 1 0 X 184680 208028 118034 227006 146142 883890 184680 208028 118034 227006 146142 883890 341608 542282 24052 17093 12536 17779 16432 87892 971782 0.55800 0.55640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105383 578 5000 100961 119806 -9423 5000 105383 100940 23866 5000 119806 100000 940 100940 0.50178 0.49822 0 0 0 X 7684904 2754 31305 7488259 7522318 162586 2104 2104 164690 7724529 31305 7575400 7606705 117824 2104 2104 119928 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR A PURPOSE THAT ARE INVESTED AT VANGUARD. TOGETHER THESE FUNDS MAKE UP THE LEGACY SCHOLARSHIP PROGRAM. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF APRIL 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE 7,592,919. INTERCOMPANY ELIMINATIONS -104,660. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 7,680,060. INTERCOMPANY ELIMINATIONS -104,660. 1 SCHOLARSHIPS 51 110000 PART I, LINE 2: THE NORTH CAROLINA CPA FOUNDATION WAS ESTABLISHED IN 1980 BY THE NCACPA TO FURTHER THE DEVELOPMENT OF ACCOUNTING EDUCATION AND THE ACCOUNTING PROFESSION IN NORTH CAROLINA. EACH SCHOLARSHIP IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THE TREASURER OVERSEES THE FOUNDATION'S FINANCIAL AFFAIRS, FUNDS, AND SECURITIES AND REVIEWS THE RECORDS ON A REGULAR BASIS, IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPALS. X X X 0 1 0 0 0 0 0 0 0 SHARON BRYSON CHIEF EXECUTIVE OFFICER 0 385480 0 0 0 7122 0 82198 0 34168 0 508968 0 0 MARK SOTICHECK CHIEF OPERATING OFFICER 0 242429 0 0 0 561 0 23851 0 31378 0 298219 0 0 LARA VANN DIRECTOR OF FINANCE & ADMIN. 0 134714 0 0 0 1078 0 13937 0 17890 0 167619 0 0 PART I, LINE 4B THE CEO & COO PARTICIPATES IN A 457(F) SUPPLEMENTAL RETIREMENT PLAN, NO AMOUNT PAID TO THE CEO & COO IN 2022. FORM 990, PART VI, SECTION A, LINE 6 FOUNDATION MEMBERS CONSIST OF OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS OF THE NORTH CAROLINA ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION SHALL BE THE MEMBERS OF THE BOARD OF DIRECTORS OF THE NORTH CAROLINA ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC. (NCACPA), AS FROM TIME TO TIME CONSTITUTED. IN ADDITION TO THE RIGHT TO PROVIDE FOR THE ELECTION OF DIRECTORS, THE MEMBERS SHALL HAVE SUCH OTHER POWERS AND RIGHTS AS THE NCACPA BOARD OF DIRECTORS MAY DESIGNATE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS AUTHORIZES THE AUDIT COMMITTEE TO REVIEW THE IRS FORM 990 AND FILE IT WITH THE INTERNAL REVENUE SERVICE. A COPY OF THE RETURN WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS UPON REQUEST. THE IRS FORM 990 SHALL BE AVAILABLE TO ANYONE UPON REQUEST. REQUESTS SHOULD BE DIRECTED TO THE CHIEF EXECUTIVE OFFICER WHO SHALL RESPOND BY PROVIDING A PHOTOCOPY OF THE MOST RECENTLY FILED DOCUMENT WITHIN THREE (3) BUSINESS DAYS OF THE REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS HAVE AN OBLIGATION TO AVOID CONFLICTS OF INTEREST, OR THE APPEARANCE OF CONFLICTS, BETWEEN THEIR PERSONAL INTERESTS AND THOSE OF THE NC CPA FOUNDATION IN DEALINGS WITH OUTSIDE ENTITIES OR INDIVIDUALS. ALL BOARD MEMBERS MUST DISCLOSE REAL AND APPARENT CONFLICTS OF INTEREST AND REFRAIN FROM PARTICIPATING IN ANY DECISIONS ON MATTERS THAT INVOLVE A REAL CONFLICT OF INTEREST OR AN APPEARANCE OF CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. NORTH CAROLINA ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC PO BOX 80188 RALEIGH NC 27623 560521526 THE ADVANCEMENT OF THE CPA PROFESSION BY SERVING ITS MEMBERS NC 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 NORTH CAROLINA ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC C 61126 FMV