North Carolina Workforce Development Coalition INC

Tax-deductible

Asheville, NC501(c)(3)EmploymentEIN 56-2298714Revenue $94K in FY2025

On file with the IRSwciinc.org/ncwdc2 Town Square Blvd Ste 370, 28803-5035 · Asheville, NCTax-exempt since Aug 2003Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$95K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

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FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $7K a year · 19% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$95K
to officers and key staff · 92% of spending
Concern: pay to officers and key staff is 92% of spending; over 30%.
990-PF Pt VIII
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$43K
×43042 of total assets
Concern: liabilities are 4304200% of assets; over 80%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$94K
-4% vs prior year
Spent
$104K
Net assets
−$43K
By yearFY2020–FY2025
Revenue
$94K
FY2025▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$36K
FY2024$98K
FY2025$94K
Expenses
$104K
FY2025▼ -21%
Tap a bar for its year
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$36K
FY2024$132K
FY2025$104K
Net assets
−$43K
FY2025▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024−$34K
FY2025−$43K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $104K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990-PF; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation
$94,926Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Kathryn Roberts$94,926$95,356

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

A private foundation based in Asheville, NC.

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Provided by the organization

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By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$94K
Other income$94K
Money out
$104K
Running costs$104K
Owns and owes
−$43K
net assets
Cash and savings$1
Total assets$1
Liabilities$43K
People
2
listed
Paid1
2In more detail
Revenue in detail
Other income$94K
Total revenue$94K
Assets in detailEnd of year
Cash and savings together$1
Total assets$1
Liabilities$43K
Net assets−$43K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $94K$104K−$9K−$43K 990 PDF
FY2024 $98K$132K−$34K−$34K 990 PDF
FY2023 $36K$36K$0$0 990 PDF
FY2022 $0$0$0$0 990 PDF
FY2021 $0$0$0$0 990 PDF
FY2020 $0$0$0$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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