Real Facts NC
- Assets
- $18.6k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2022
- EIN
- 27-3337837
Organization Overview
Real Facts NC is located in Raleigh, NC. Real Facts NC is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Real Facts NC generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 55.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REAL FACTS NC CONDUCTS RESEARCH, SPONSORS EDUCATIONAL ACTIVITIES AND EVENTS, AND DISSEMINATES ACCURATE AND TIMELY INFORMATION TO PROMOTE THE GENERAL PUBLIC'S UNDERSTANDING OF WAYS TO MAINTAIN AND IMPROVE NORTH CAROLINA'S COMMON GOOD, QUALITY OF LIFE AND SOCIAL WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL FACTS NC CONDUCTED PUBLIC ISSUE AND POLICY POLLING ON MATTERS AFFECTING PUBLIC EDUCATION AND OTHER MATTERS CONCERNING THE COMMON GOOD AND GENERAL WELFARE OF NORTH CAROLINA RESIDENTS. THIS INFORMATION WAS DISSEMINATED TO THE GENERAL PUBLIC THROUGH VARIOUS MEANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Reiff Board Director And President | OfficerTrustee | 1 | $0 |
Michael L Weisel Board Director And Secretary/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,080,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,080,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,080,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,257 |
| Fees for services: Accounting | $4,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,111 |
| Advertising and promotion | $2,980,000 |
| Office expenses | $5,911 |
| Information technology | $732 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,560 |
| All other expenses | $0 |
| Total functional expenses | $3,101,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,576 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,576 |
| Accounts payable and accrued expenses | $551 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $551 |
| Net assets without donor restrictions | $18,025 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,576 |
Grants Awarded
Over the last fiscal year, Real Facts NC has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER NORTH CAROLINA PURPOSE: Voter Education | $50,000 |
NORTH CAROLINA FAMILIES FIRST PURPOSE: Voter Education | $100,000 |