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Nonprofit · EIN 46-0801080

CAROLINA PUBLIC PRESS INC

Tax-exempt · RALEIGH, NC 27607

Financials

$404K$643K2023$561K$545K2024
Revenue Expenses · by fiscal year end
Financials of CAROLINA PUBLIC PRESS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$560,505$544,503$16,002$183,582$5,404$178,178
December 31, 2023990$404,183$643,064-$238,881$163,375$6,408$156,967
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$559,336
Program service revenue
$0
Investment income
$1,163
Net gain from sales of assets
$37
Other revenue
$6

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$189,480
Other salaries and wages
$143,520
Salaries, compensation and benefits (total)
$370,041
Professional fundraising fees
$0
Legal fees
$681
Accounting fees
$3,925
Occupancy
$4,498
Travel
$8,120
Program services (functional)
$420,685
Management and general (functional)
$66,974
Fundraising (functional)
$56,844

Balance sheet and other

Total assets, start of year
$163,375
Total assets, end of year
$183,582
Total liabilities, end of year
$5,404
Net assets, end of year
$178,178
Publicly traded securities
$59,890
Net assets without donor restrictions
$178,178
Gross receipts
$560,505
Employees
8
Volunteers
10
Year formed
2012
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LISA LOPEZINTERIM EXEC DIR (TERM 11/24)
Officer
40$95,023$0
FRANK TAYLOREXECUTIVE DIRECTOR (FROM 11/2024)
Officer
40$88,990$5,467
DR ELLEN HELMSPRESIDENT
Trustee or director, Officer
2$0$0
CALVIN HALLVICE PRESIDENT (FROM 3/2024)
Trustee or director, Officer
2$0$0
CHRISTOPHER CHUNGMEMBER
Trustee or director
2$0$0
VICTORIA HICKSSECRETARY (FROM 11/2024)
Trustee or director, Officer
2$0$0
DAVID HURANDMEMBER
Trustee or director
2$0$0
NANCY NEHLS NELSONMEMBER
Trustee or director
2$0$0
BOB LEWISTREASURER
Trustee or director, Officer
2$0$0
PATRICK DORANSECRETARY (TERM 11/2024)
Trustee or director, Officer
2$0$0
DEITRA WILLIAMS-TOONEMEMBER
Trustee or director
2$0$0
SCOTT BARNWELLPRESIDENT (TERM 12/2024)
Trustee or director, Officer
2$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LISA LOPEZINTERIM EXEC
Officer
40$85,730$2,863
ANGELIA NEWSOMEEXECUTIVE DI
Officer
40$44,409$1,028
SCOTT BARNWELLPRESIDENT
Trustee or director, Officer
2$0$0
PATRICK DORANVICE PRESIDE
Trustee or director, Officer
2$0$0
ROBERT LEWISTREASURER
Trustee or director, Officer
2$0$0
VICTORIA HICKSSECRETARY
Trustee or director, Officer
2$0$0
CHRISTOPHER CHUNGBOARD MEMBER
Trustee or director
1$0$0
DR ELLEN HELMSBOARD MEMBER
Trustee or director
1$0$0
DAVID HURANDBOARD MEMBER
Trustee or director
1$0$0
NANCY NEHLS NELSONBOARD MEMBER
Trustee or director
1$0$0
DEITRA WILLIAMS-TOONEBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3915 BERYL RD STE 130, RALEIGH, NC 27607-5609
Principal officer (990 for 2024)
VICTORIA HICKS, 3915 BERYL ROAD 130, RALEIGH, NC 27607
Signed the 990
FRANK TAYLOR, EXECUTIVE DIRECTOR
Phone
(828) 774-5290
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

CAROLINA PUBLIC PRESS IS AN INDEPENDENT NONPROFIT NEWS ORGANIZATION DEDICATED TO NONPARTISAN, IN-DEPTH AND INVESTIGATIVE NEWS BUILT UPON THE FACTS AND CONTEXT NORTH CAROLINIANS NEED TO KNOW. OUR AWARD-WINNING, BREAKTHROUGH JOURNALISM DISMANTLES BARRIERS AND SHINES A LIGHT ON THE CRITICAL OVERLOOKED AND UNDER-REPORTED ISSUES FACING OUR STATE'S MORE THAN 11 MILLION RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • CAROLINA PUBLIC PRESS'S 2024 GOALS WERE TO PROVIDE NONPARTISAN, IN-DEPTH AND INVESTIGATIVE NEWS BUILT UPON THE FACTS AND CONTEXT NORTH CAROLINIANS NEED TO KNOW. OUR AWARD-WINNING, BREAKTHROUGH PUBLIC-INTEREST JOURNALISM DISMANTLES BARRIERS AND SHINES A LIGHT ON THE CRITICAL OVERLOOKED AND UNDER-REPORTED ISSUES FACING OUR STATE'S 10.7 MILLION RESIDENTS. OUR OVERALL GOALS WERE TO PROVIDE HIGH-QUALITY, CONTEXT-RICH AND FACT-BASED NEWS FOR FREE TO AUDIENCES, TO PROVIDE JOURNALISM FOR AND ABOUT OVERLOOKED AND UNDER-SERVED COMMUNITIES AND ISSUES, AND TO ENGAGE COMMUNITIES ABOUT SOME OF THE MOST PRESSING ISSUES FACING THE STATE. CAROLINA PUBLIC PRESS ALSO REMAINS WHOLLY INDEPENDENT AND NONPARTISAN. OUR 2024 ACCOMPLISHMENTS INCLUDE INCREASING FREE AND RELIABLE ACCESS TO QUALITY NEWS. THE ORGANIZATION PUBLISHED NEWS AND INVESTIGATIVE NEWS REPORTS ON TOPICS RANGING FROM GOVERNMENT ACCOUNTABILITY AND TRANSPARENCY, ACCESS TO VOTING AND ELECTIONS, ECONOMIC CHALLENGES IN RURAL COMMUNITIES, THE FUTURE OF THE STATE'S NATIONAL FORESTS, STAFFING SHORTAGES IN N.C. NURSING HOMES, LOSS OF PROTECTION FOR ISOLATED N.C. WETLANDS, WILDFIRES IN WESTERN N.C., MIGRANT WORKERS FACING A CHALLENGING N.C. SYSTEM, ACCESS TO PUBLIC INFORMATION AND DATA, AND MORE. CAROLINA PUBLIC PRESS BEGAN AS ONE PART OF THE SOLUTION TO REVERSING THE REDUCTION OF INVESTIGATIVE AND PUBLIC SERVICE JOURNALISM. OUR READERS, LISTENERS, AND MEMBERS HAVE HELPED THAT VISION BECOME A REALITY.
    Expenses $420,685

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0801080
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$183,582
Income (IRS master file)
$560,505

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$560,505$544,503$183,582XML
990December 2023$404,183$643,064$163,375XML
990December 2022$600,397$702,985$413,237IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0801080).

Questions about CAROLINA PUBLIC PRESS INC

What is the EIN of CAROLINA PUBLIC PRESS INC?
The employer identification number (EIN) of CAROLINA PUBLIC PRESS INC is 46-0801080.
Is CAROLINA PUBLIC PRESS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CAROLINA PUBLIC PRESS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAROLINA PUBLIC PRESS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAROLINA PUBLIC PRESS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAROLINA PUBLIC PRESS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAROLINA PUBLIC PRESS INC?
The 990 for the year ended December 31, 2024 names VICTORIA HICKS.
Who are the officers and directors of CAROLINA PUBLIC PRESS INC?
The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $95,023 (LISA LOPEZ, INTERIM EXEC DIR (TERM 11/24)).
How much revenue does CAROLINA PUBLIC PRESS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $560,505, expenses of $544,503 and total assets of $183,582 at year end.

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