Nonprofit · EIN 81-5398024
LEAD NC INSTITUTE
Tax-exempt · RALEIGH, NC 27602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $380,000 | $377,366 | $2,634 | $103,419 | $1,000 | $102,419 |
| December 31, 2023 | 990 | $199,005 | $204,803 | -$5,798 | $140,365 | $40,580 | $99,785 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $380,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,250
- Travel
- $12,376
- Program services (functional)
- $18,152
- Management and general (functional)
- $359,214
Balance sheet and other
- Total assets, start of year
- $140,365
- Total assets, end of year
- $103,419
- Total liabilities, end of year
- $1,000
- Net assets, end of year
- $102,419
- Net assets without donor restrictions
- $102,419
- Gross receipts
- $380,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tammy Brunner | Chairperson Trustee or director | 0.5 | $0 |
| Dan DeRosa | Board Member Trustee or director | 0.5 | $0 |
| Toria Boldware | Board Member Trustee or director | 0.5 | $0 |
| Sagar Sane | Board Member Trustee or director | 0.5 | $0 |
| Amina Ghaffar | Board Member Trustee or director | 0.5 | $0 |
| Dr Jovita Lee | Board Member Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Asher Hildebrand | Interim Board Chair Trustee or director | 0.5 | $0 |
| Cesar Leyva | Board Member Trustee or director | 0.5 | $0 |
| Val Applewhite | Board Member Trustee or director | 0.5 | $0 |
| Serena Sebring | Board Member Trustee or director | 0.5 | $0 |
| Chaz Beasley | Board Member Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1584, RALEIGH, NC 27602-1584
- In care of
- % MICHAEL L WEISEL
- Principal officer (990 for 2024)
- Elizabeth Goodwin, PO Box 1584, Raleigh, NC 27602
- Signed the 990
- Elizabeth Goodwin, Executive Director
- Phone
- (919) 679-1776
- Website
- www.leadinstitute.org
- Return prepared by
- Freelance CFOs
Mission
Lead NC institute is a non-partisan organization that seeks, encourages and cultivates a new generation of community and civic leaders for North Carolina through information dissemination, training and leadership development.
Program accomplishments
- Lead NC institute is a non-partisan organization that seeks, encourages and cultivates a new generation of community and civic leaders for North Carolina through information dissemination, training and leadership development.Expenses $18,152
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-5398024
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $103,419
- Income (IRS master file)
- $380,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $380,000 | $377,366 | $103,419 | XML |
| 990 | December 2023 | $199,005 | $204,803 | $140,365 | IRS |
| 990 | December 2022 | $420,200 | $416,801 | $106,548 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | 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 81-5398024).
Questions about LEAD NC INSTITUTE
- What is the EIN of LEAD NC INSTITUTE?
- The employer identification number (EIN) of LEAD NC INSTITUTE is 81-5398024.
- Is LEAD NC INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to LEAD NC INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEAD NC INSTITUTE 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 LEAD NC INSTITUTE 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 LEAD NC INSTITUTE 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 LEAD NC INSTITUTE?
- The 990 for the year ended December 31, 2024 names Elizabeth Goodwin.
- Who are the officers and directors of LEAD NC INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does LEAD NC INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $380,000, expenses of $377,366 and total assets of $103,419 at year end.
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