Nonprofit · EIN 86-3751750
WEBB SQUARED
Tax-exempt · PITTSBORO, NC 27312
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $307,011 | $240,952 | $66,059 | $68,060 | $620 | $67,440 |
| December 31, 2024 | 990 | $226,882 | $241,973 | -$15,091 | $1,633 | $0 | $1,633 |
| December 31, 2023 | 990 | $201,271 | $186,532 | $14,739 | $16,724 | $0 | $16,724 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $213,733
- Program service revenue
- $93,278
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $123,921
- Salaries, compensation and benefits (total)
- $133,401
- Professional fundraising fees
- $0
- Accounting fees
- $9,272
- Occupancy
- $23,131
- Travel
- $242
- Program services (functional)
- $178,515
- Management and general (functional)
- $62,437
Balance sheet and other
- Total assets, start of year
- $1,381
- Total assets, end of year
- $68,060
- Total liabilities, end of year
- $620
- Net assets, end of year
- $67,440
- Net assets without donor restrictions
- $57,672
- Net assets with donor restrictions
- $9,768
- Gross receipts
- $307,011
- Employees
- 3
- Year formed
- 2021
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Judy Batista | Secretary Trustee or director, Officer | 1 | $0 |
| Maxine Burgess | Chair Trustee or director, Officer | 1 | $0 |
| Carol Hewitt | Co Chair Trustee or director, Officer | 1 | $0 |
| Evan Springfield Cobb | Treasurer Trustee or director, Officer | 1 | $0 |
| Rinnie Orr | Executive Director Key employee | 40 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY BATISTA | SECRETARY Trustee or director | – | $0 |
| MAXINE BURGESS | CHAIR Trustee or director | – | $0 |
| CAROL HEWITT | CO-CHAIR Trustee or director | – | $0 |
| EVAN SPRINGFIELD-COBB | TREASURER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RINNIE ORR | ASSOCIATE DIRECTOR Key employee | 0.32 | $39,809 |
| STEPHANIE TERRY | EXECUTIVE DIRECTOR Key employee | 0.32 | $34,883 |
| MAXINE BURGESS | CHAIR Trustee or director | – | $0 |
| CAROL HEWITT | CO-CHAIR Trustee or director | – | $0 |
| EVAN SPRINGFIELD-COBB | TREASURER Trustee or director | – | $0 |
| JUDY BATISTA | SECRETARY Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 120 MOSAIC BLVD STE 20022, PITTSBORO, NC 27312-4966
- In care of
- % RINNIE ORR
- Signed the 990
- RINNIE ORR, Executive Director
- Phone
- (910) 490-2074
- Website
- www.webbsquared.org
- Return prepared by
- PT CPAs PLLC
Mission
To redress the racial wealth gap and build generational wealth by providing incubator and accelerator services to black and brown entrepreneurs in rural North Carolina.
Program accomplishments
- BIPOC business programs and business coachingExpenses $178,515
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 | 990 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
- 86-3751750
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $68,060
- Income (IRS master file)
- $307,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $307,011 | $240,952 | $68,060 | IRS |
| 990 | December 2024 | $226,882 | $241,973 | $1,633 | XML |
| 990 | December 2023 | $201,271 | $186,532 | $16,724 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 86-3751750).
Questions about WEBB SQUARED
- What is the EIN of WEBB SQUARED?
- The employer identification number (EIN) of WEBB SQUARED is 86-3751750.
- Is WEBB SQUARED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to WEBB SQUARED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEBB SQUARED 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 WEBB SQUARED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEBB SQUARED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of WEBB SQUARED?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does WEBB SQUARED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $307,011, expenses of $240,952 and total assets of $68,060 at year end.
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All nonprofits in PITTSBORO · North Carolina · Community improvement and capacity building