Nonprofit · EIN 56-1935858
NORTH CAROLINA PRESS FOUNDATION INC
Tax-exempt · RALEIGH, NC 27675
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $362,642 | $334,203 | $28,439 | $939,342 | $187 | $939,155 |
| July 31, 2024 | 990 | $301,525 | $334,435 | -$32,910 | $892,742 | $4,110 | $888,632 |
| July 31, 2023 | 990 | $335,176 | $318,602 | $16,574 | $892,747 | $12,778 | $879,969 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $225,000
- Program service revenue
- $90,000
- Investment income
- $47,642
- Net gain from sales of assets
- $19,508
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $264,118
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,000
- Accounting fees
- $8,550
- Program services (functional)
- $293,286
- Management and general (functional)
- $40,917
Balance sheet and other
- Total assets, start of year
- $892,742
- Total assets, end of year
- $939,342
- Total liabilities, end of year
- $187
- Net assets, end of year
- $939,155
- Net assets without donor restrictions
- $573,233
- Net assets with donor restrictions
- $365,922
- Gross receipts
- $362,642
- Employees
- 0
- Year formed
- 1995
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHIL LUCEY | EXECUTIVE DI Officer | – | $0 | $113,119 |
| STEVE BUCKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LES HIGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONICA HILL | EX OFFICIO Trustee or director | 1 | $0 | $0 |
| BILL HORNER III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAL TANNER III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEUCE NIVEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE TADYCH | SECRETARY Trustee or director | 1 | $0 | $0 |
| TED VADEN | PRESIDENT Trustee or director | 1 | $0 | $0 |
| RIP WOODIN | TREASURER Trustee or director | 1 | $0 | $0 |
| KEVEN ZEPEZAUER | EX OFFICIO Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHIL LUCEY | EXECUTIVE DI Officer | – | $0 | $91,586 |
| STEVE BUCKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LES HIGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONICA HILL | EX OFFICIO Trustee or director | 1 | $0 | $0 |
| BILL HORNER III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA MARTIN | SECRETARY Trustee or director | 1 | $0 | $0 |
| BILL MOSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEUCE NIVEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TED VADEN | PRESIDENT Trustee or director | 1 | $0 | $0 |
| RIP WOODIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHIL LUCEY | EXECUTIVE DI Officer | – | $0 | $86,679 |
| STEVE BUCKLEY | PAST PRESIDE Trustee or director | 1 | $0 | $0 |
| LES HIGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONICA HILL | EX OFFICIO Trustee or director | 1 | $0 | $0 |
| BILL HORNER III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA MARTIN | SECRETARY Trustee or director | 1 | $0 | $0 |
| BILL MOSS | EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DEUCE NIVEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TED VADEN | PRESIDENT Trustee or director | 1 | $0 | $0 |
| RIP WOODIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 90246, RALEIGH, NC 27675-0246
- In care of
- % HUGH STEVENS
- Principal officer (990 for 2024)
- PHIL LUCEY, PO BOX 90246, RALEIGH, NC 27675
- Signed the 990
- PHIL LUCEY, EXECUTIVE DIRECTOR
- Phone
- (919) 516-8015
- Website
- WWW.NCPRESS.COM
- Return prepared by
- LANGDON & COMPANY LLP
Mission
TO PROTECT FREE PRESS THROUGH PROMOTION AND EDUCATION
Program accomplishments
- THE ORGANIZATION PROMOTES EDUCATION THROUGH NEWSPAPERS BY SUPPORTING EXISTING AND FUTURE JOURNALISTS THROUGH VARIOUS ACTIVITIES INCLUDING NEWSPAPERS IN EDUCATIONExpenses $293,286 · grants $264,118 · revenue $90,000
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 56-1935858
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33)
- Assets (IRS master file)
- $939,342
- Income (IRS master file)
- $362,642
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $362,642 | $334,203 | $939,342 | XML |
| 990 | July 2024 | $301,525 | $334,435 | $892,742 | XML |
| 990 | July 2023 | $335,176 | $318,602 | $892,747 | XML |
| 990 | July 2022 | $300,067 | $256,842 | $865,801 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 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 56-1935858).
Questions about NORTH CAROLINA PRESS FOUNDATION INC
- What is the EIN of NORTH CAROLINA PRESS FOUNDATION INC?
- The employer identification number (EIN) of NORTH CAROLINA PRESS FOUNDATION INC is 56-1935858.
- Is NORTH CAROLINA PRESS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NORTH CAROLINA PRESS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA PRESS FOUNDATION 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 NORTH CAROLINA PRESS FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA PRESS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of NORTH CAROLINA PRESS FOUNDATION INC?
- The 990 for the year ended July 31, 2025 names PHIL LUCEY.
- Who are the officers and directors of NORTH CAROLINA PRESS FOUNDATION INC?
- The 990 for the year ended July 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA PRESS FOUNDATION INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $362,642, expenses of $334,203 and total assets of $939,342 at year end.
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