Moving Nc Forward FY2023 filing

Claim it free, then get the verified mark Claim this org ↓
EIN 81-4767705 Unknown exempt organization Raleigh, NC
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Revenue & expenses by yearFY2020–FY2025
Revenue
$554K
FY2023▼ -59%
Expenses
$924K
FY2023▼ -28%

Form 990 for the fiscal year ending June 2023 (IRS tax year 2022).


Promotes policies for economic growth, better schools, tolerance, and fair elections. For fiscal year 2023 it reported $554K in revenue, $924K in expenses, and $764K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Raleigh, NC
Website
www.movingncforward.com
Filings
6 on file (2020–2023)
Revenue
$554KFY2023
Expenses
$924K
Net assets
$764K
People
3
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Moving Nc Forward claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Promotes policies for economic growth, better schools, tolerance, and fair elections.
Leadership
Tom Hendrickson · Board Member
Money in and out
$554K revenue, $924K expenses
Bottom line
-67% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

3 funders, incl. Democracy Project II

3 distinct foundation funder(s) on file, $925K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

78% to programs

78% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$1–10M · ↓ -59% vs prior year

Revenue band $1–10M, -59% versus the prior filing year (down). See detail →

Reported financial activity · FY2023
Total revenue
$554K
Pt VIII · Ln 12
Total expenses
$924K
Pt IX · Ln 25
Net assets
$764K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$370K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.11 Fundraising $0.11
Surplus margin
-67%
revenue over expenses, this year
Program spending
78%
of expenses reach programs

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Moving Nc Forward →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$764K
FY2023▼ -33%
Total liabilities
$0
FY2023
Revenue less expensesPt I · Ln 19−$370K
Total assetsPt X · Ln 16$764K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMoving Nc Forward
EINHdr · item D81-4767705
Principal addressHdr · item CRaleigh, NC
WebsiteHdr · item Jwww.movingncforward.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Moving Nc Forward executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $669K of program spending, described in the organization's own filed words · FY2022.
01

Provide Consultation and Advice on Organization Goals and Mission

$383Kprogram expense
02

Community Engagement and Programs

$277Kprogram expense
03

Conducted conferences to educate citizens on the issues related to the mission of Moving NC Forward.

$9Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$554K
Total revenueLn 12$554K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.11 Fundraising $0.11
Program services78%$717K
Management & general11%$101K
Fundraising11%$106K
Total functional expensesLn 25$924K

Balance Sheet

Part X · end of year
CashLn 1$764K
Total assetsLn 16$764K
Total liabilitiesLn 26$0
Total net assetsLn 32$764K
Months of cash on handcomputed9.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $764K · Operating expenses/yr $924K
9.9 months
Where the money goes
Program services
Program services $717K · Total expenses $924K
78%
Management & General
Management & general $101K · Total expenses $924K
11%
Fundraising
Fundraising $106K · Total expenses $924K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $102K · Solicited contributions (3-yr avg) $1.0M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $554K · Total revenue $554K
100%
Government reliance
Government grants $0 · Total revenue $554K
0%
Earned-income share
Program service revenue $0 · Total revenue $554K
0%
Investment reliance
Investment income $0 · Total revenue $554K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $924K
0%
Growth & trend
Revenue growth (YoY)
This year $554K · Prior year $1.3M
-59%
Net-asset trend (YoY)
End of year $764K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $554K · Expenses $924K
-67%
Liabilities-to-Assets
Total liabilities — · Total assets $764K
—
Net-asset ratio
Net assets $764K · Total assets $764K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $764K
0%
People & payroll
Highest Reported Total Compensation
Individual Tom Hendrickson · Reported title Board Member · Highest reported compensation $0 · Total expenses $924K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $924K
—
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $102K · Gross raised $554K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 11%——
Fundraising cost ratio 19%——
Revenue growth -59%——
Accounting fee ratio 0.07%——
Fundraising fee ratio 11%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$925K
See all 3 funders →
Grants paid · 6 grants · $1.3M · 2019–2024
Democracy Project IINC · FY2023$50,000
Current Nc INCNC · FY2023$17,000
America Works USADC · FY2019$400,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.0M revenue · ⤓ 990 PDF
FY2024$894K revenue · ⤓ 990 PDF
FY2023$554K revenue · viewing · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$906K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.