Cape Fear Future Foundation Inc
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-3325247
Organization Overview
Cape Fear Future Foundation Inc is located in Wilmington, NC. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Fear Future Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cape Fear Future Foundation Inc generated $8.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $10.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE ECONOMIC DEVELOPMENT AND ENSURE THE FUTRURE PROSPERITY OF THE CAPE FEAR REGION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tee Nunnelee IV Member | 1 | $0 | |
Hal Kitchin Member | 1 | $0 | |
Charlie Mattox Member | 1 | $0 | |
Rob Kaiser Member | 2 | $0 | |
Ted Shipley Member | 1 | $0 | |
Faison Sutton Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,866 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $989 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,008 |
| Total expenses | $9,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,648 |
| Other assets | $0 |
| Total assets | $2,648 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,648 |