Nonprofit · EIN 87-1921377
CAROLINA FORWARD FOUNDATION
Tax-exempt · CARRBORO, NC 27510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $659,304 | $490,254 | $169,050 | $799,747 | $0 | $799,747 |
| December 31, 2024 | 990 | $525,625 | $847,432 | -$321,807 | $630,697 | $0 | $630,697 |
| December 31, 2023 | 990 | $1,062,967 | $125,938 | $937,029 | $952,504 | $0 | $952,504 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $659,304
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Other salaries and wages
- $41,135
- Salaries, compensation and benefits (total)
- $43,741
- Professional fundraising fees
- $0
- Legal fees
- $6,611
- Program services (functional)
- $370,811
- Management and general (functional)
- $119,443
Balance sheet and other
- Total assets, start of year
- $630,697
- Total assets, end of year
- $799,747
- Total liabilities, end of year
- $0
- Net assets, end of year
- $799,747
- Gross receipts
- $659,304
- Employees
- 3
- Volunteers
- 0
- 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 |
|---|---|---|---|
| Blair Reeves | Chairman Trustee or director, Officer | 10 | $0 |
| Nicole Quick | Director Trustee or director | 5 | $0 |
| Ryan Watts | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BLAIR REEVES | Chairman Trustee or director | 10 | $0 |
| NICOLE QUICK | Director Trustee or director | 5 | $0 |
| RYAN WATTS | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BLAIR REEVES | Executive Dir. Trustee or director | 20 | $0 |
| NICOLE QUICK | Director Trustee or director | 35 | $0 |
| TERRI LEGRAND | Director Trustee or director | 5 | $0 |
| ROB TABER | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 W MAIN ST UNIT 452, CARRBORO, NC 27510-5618
- Mailing address (990-N for 2022)
- PO Box 452, Carrboro NC 27510
- Principal officer (990 for 2025)
- Blair Reeves, PO Box 452, Carrboro, NC 27510
- Principal officer (990-N for 2022)
- Blair Reeves, PO Box 452, Carrboro NC 27510
- Signed the 990
- Blair Reeves, Chairman
- Phone
- (919) 627-8437
- Return prepared by
- Wallace and Nordan LLP
Mission
To conduct in depth polling of the citizens of North Carolina and to publish and disseminate educational articles on major public policy issues in North Carolina.
Program accomplishments
- In 2025, the Carolina Forward Foundation expanded and broadened its mission to inform the voters of North Carolina. The Foundation reached several million North Carolina voters through its digital and offline channels with educational content about the state legislature. It helped launch Influence NC, a Gen-Z civic engagement initiative that has trained 25 elected leaders, partnered with six colleges, and generated over 6 million impressions just in its first quarter. The Foundation published "North Carolina's Next Chapter," a major research project on accommodating projected population growth, and distributed copies of this research to members and staff in the state legislature. The Foundation was again an advertising sponsor of The Hometown Holler, the fastest-growing independent media brand in North Carolina. It advocated for housing reform in the state legislature and at the county level, and helped describe and promote the importance of forward-thinking policy in making housing more affordable to more North Carolinians. It also supported The Pink Vote, a nonpartisan voter registration effort engaging Black voters in Forsyth County.Expenses $370,811 · grants $25,000
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 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
- 87-1921377
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W01)
- Assets (IRS master file)
- $799,747
- Income (IRS master file)
- $659,304
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $659,304 | $490,254 | $799,747 | IRS |
| 990 | December 2024 | $525,625 | $847,432 | $630,697 | IRS |
| 990 | December 2023 | $1,062,967 | $125,938 | $952,504 | XML |
| 990-N for 2022 Officer: Blair Reeves | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-1921377).
Questions about CAROLINA FORWARD FOUNDATION
- What is the EIN of CAROLINA FORWARD FOUNDATION?
- The employer identification number (EIN) of CAROLINA FORWARD FOUNDATION is 87-1921377.
- Is CAROLINA FORWARD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CAROLINA FORWARD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA FORWARD FOUNDATION 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 FORWARD FOUNDATION 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 CAROLINA FORWARD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAROLINA FORWARD FOUNDATION?
- The 990 for the year ended December 31, 2025 names Blair Reeves.
- Who are the officers and directors of CAROLINA FORWARD FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CAROLINA FORWARD FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $659,304, expenses of $490,254 and total assets of $799,747 at year end.
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