ADVANCE NORTH CAROLINA INC

RALEIGH, NC, 27611-7421 (910) 379-9753 Est. 2015 EIN 47-2740671
S30— Community Improvement Form 990 501(c)(4)
www.advancecarolina.org

Mission

TO BUILD POLITICAL AND ECONOMIC POWER IN BLACK COMMUNITIES AND INSTITUTIONS IN NORTH CAROLINA.

Financials

Total Revenue
$3,462,065
Total Expenses
$2,683,207
Net Assets
$2,750,686
13 employees 6 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
12.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 119.0%
Expenses ↑ 111.7%
Revenue Sources
Contributions 97.4% Investment 2.6%
Expense Breakdown
Program 70.2% Management 29.8%

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EIN: 47-2740671 · Source: IRS Form 990 e-file data