Nonprofit · EIN 93-2879825
OPPORTUNITY FOR NC INC
Tax-exempt · WILMINGTON, NC 28402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $643,110 | $594,632 | $48,478 | $83,229 | $0 | $83,229 |
| December 31, 2023 | 990-EZ | $34,751 | $0 | $34,751 | $34,751 | $0 | $34,751 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $643,110
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $200,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $32,500
- Legal fees
- $43,425
- Travel
- $241,312
- Program services (functional)
- $480,536
- Management and general (functional)
- $81,596
- Fundraising (functional)
- $32,500
Balance sheet and other
- Total assets, start of year
- $34,751
- Total assets, end of year
- $83,229
- Total liabilities, end of year
- $0
- Net assets, end of year
- $83,229
- Net assets without donor restrictions
- $83,229
- Gross receipts
- $643,110
- Employees
- 0
- Year formed
- 2023
- 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 |
|---|---|---|---|
| WOODY WHITE | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| ANDREW HEATH | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| TED SHIPLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHAEL FRANKLIN | TREASURER Trustee or director, Officer | 1 | $0 |
| CHRIS LOUTIT | DIRECTOR Trustee or director | 1 | $0 |
| LAWRENCE J SHAHEEN JR | DIRECTOR Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Woody White | Chairman | 1 | $0 |
| Andrew Heath | Vice Chairman | 1 | $0 |
| Ted Shipley | Secretary | 1 | $0 |
| Michael Franklin | Treasurer | 1 | $0 |
| Chris Loutit | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1033, WILMINGTON, NC 28402-1033
- Principal officer (990 for 2024)
- MICHAEL FRANKLIN, PO BOX 1033, WILMINGTON, NC 28402
- Signed the 990
- MICHAEL FRANKLIN, TREASURER
- Phone
- (910) 297-0614
- Website
- WWW.OPPORTUNITYFORNC.COM
- Return prepared by
- HOLLINGSWORTH AVENT AVERRE & PURVIS PA
Mission
TO INSPIRE OPPORTUNITY FOR ALL NORTH CAROLINIANS BY PROMOTING THE PRINCIPLES OF EXCELLENCE IN EDUCATION, FREE MARKET ECONOMIC SOLUTIONS, INTERNATIONAL TRADE, SPORTS TOURISM AND FAMILY FLOURISHING.
Program accomplishments
- SPONSORED TRIP TO THE 2024 PARIS OLYMPICS BY NC LEGISLATORS AND BUSINESS LEADERS TO EXAMINE THE SECURITY, LOGISTICS, AND MANAGEMENT TASKS REQUIRED TO SPONSOR INTERNATIONAL SPORTS COMPETITIONS, SUCH AS THE TYPES OF EVENTS THAT THE ORGANIZATION ENCOURAGES NORTH CAROLINA TO ATTRACT. THE TRIP INCLUDED MEETINGS WITH THE OLYMPICS ORGANIZERS AND BUSINESSES WHO SPECIALIZE IN SECURITY FOR LARGE SPORTING EVENTS.Expenses $246,571
- THE ORGANIZATION HOSTED SEVERAL EVENTS WITH NC LEGISLATORS TO DISCUSS THE STATE BUDGET AND EFFORTS TO PROMOTE SPORTS TOURISM IN NORTH CAROLINA.Expenses $33,965
- PROVIDED GRANT TO THE REPUBLICAN STATE LEGISLATIVE COMMITTEE TO SUPPORT CANDIDATES WHO PROMOTE EXCELLENCE IN EDUCATION AND FREE MARKET ECONOMIC SOLUTIONS.Expenses $200,000 · grants $200,000
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 93-2879825
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $83,229
- Income (IRS master file)
- $643,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $643,110 | $594,632 | $83,229 | IRS |
| 990-EZ | December 2023 | $34,751 | $0 | $34,751 | XML |
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 93-2879825).
Questions about OPPORTUNITY FOR NC INC
- What is the EIN of OPPORTUNITY FOR NC INC?
- The employer identification number (EIN) of OPPORTUNITY FOR NC INC is 93-2879825.
- Is OPPORTUNITY FOR NC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2025.
- Are donations to OPPORTUNITY FOR NC INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OPPORTUNITY FOR NC 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 OPPORTUNITY FOR NC 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 OPPORTUNITY FOR NC 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 OPPORTUNITY FOR NC INC?
- The 990 for the year ended December 31, 2024 names MICHAEL FRANKLIN.
- Who are the officers and directors of OPPORTUNITY FOR NC INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does OPPORTUNITY FOR NC INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $643,110, expenses of $594,632 and total assets of $83,229 at year end.
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All nonprofits in WILMINGTON · North Carolina · Community improvement and capacity building