First North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 99,362 | 95,203 | 4,159 | 0.5 | — |
| 2014 | 142,103 | 82,762 | 59,341 | 9.2 | — |
| 2015 | 318,307 | 227,027 | 91,280 | 7.7 | 0% |
| 2016 | 606,288 | 485,183 | 121,105 | 6.6 | 21% |
| 2017 | 474,653 | 581,426 | −106,773 | 3.3 | 20% |
| 2018 | 519,005 | 539,551 | −20,546 | 3.1 | 25% |
| 2019 | 600,854 | 587,041 | 13,813 | 5.0 | 28% |
| 2020 | 620,747 | 536,364 | 84,383 | 7.3 | 35% |
| 2021 | 389,555 | 237,195 | 152,360 | 24.3 | 55% |
| 2022 | 874,131 | 874,907 | −776 | 6.6 | 21% |
| 2023 | 1,216,118 | 1,221,039 | −4,921 | 4.7 | 19% |
| 2024 | 1,052,047 | 1,066,917 | −14,870 | 5.2 | 18% |
In its most recent public year (2024), this organization spent $14,870 more than it brought in. Its reserves stood at about 5.2 months of spending, up from 0.5 in 2013. Staff pay was 18% of spending. $11,353 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
First North Carolina's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works