Nc One Hundred Strong Inc
- Assets
- $133.7k
- Revenue
- $276.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Reidsville, NC
- Founding
- Data as of
- 12/2023
- EIN
- 85-2640118
Organization Overview
Nc One Hundred Strong Inc, operating under the name Nc 100, is located in Reidsville, NC. According to its NTEE Classification (O01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC 100 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 12/2023, NC 100 generated $276.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $282.8k during the year ending 12/2023. While expenses have increased by 19.6% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT YOUNG PEOPLE AND COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 NC 100 WORKED IN 8 COUNTIES: ROCKINGHAM, GUILFORD, ALAMANCE, CASWELL, NASH, WAKE, DURHAM, AND FORSYTH. WE ADDED MORE THAN 24 NEW LOCAL PARTNERS, RAISED $750K FOR NON-PROFITS.GREW SOCIAL MEDIA FOLLOWERS FROM 1,214 ON 12/31/22 TO 2304 AS OF 12/31/23.1099 CONTRACTED STAFF IN 2022 GREW FROM 3 TO 6.NC 100 CEO MERALD HOLLOWAY HAD SEVERAL HONORS IN 2023.COUNTY LEVEL PROJECTS: ROCKINGHAM COUNTY: STRATEGIC PLANNING, COACHING, PROGRAM SUPPORT, NONPROFIT CAPACITY BUILDING FOR COMMUNITY RESILIENCE, COACHING, RESOURCE DEVELOPMENT, TRAINING, NETWORKING;FORSYTH COUNTY: PANELIST AND GUEST SPEAKER;CASWELL COUNTY: PROGRAM SUPPORT;GUILFORD COUNTY: PROGRAM SUPPORT;NASH COUNTY: PROGRAM SUPPORT;ALAMANCE COUNTY: PROGRAM SUPPORT;WAKE AND DURHAM COUNTY: COACHING, PROGRAM SUPPORT;SUPPORTED 62 EVENTS IN-PERSON, HYBRID, OR VIRTUAL ONLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Settle Director | Trustee | 1 | $0 |
Crystal Parker Director | Trustee | 1 | $0 |
Chelsea Cromartie Director | Trustee | 1 | $0 |
Destiny Talley Director | Trustee | 1 | $0 |
Amy Bell Director | Trustee | 1 | $0 |
Lauren Greenspan Director | Trustee | 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 | $276,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,349 |
| 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 | $276,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $11,044 |
| 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 | $39,595 |
| Fees for services: Legal | $3,182 |
| Fees for services: Accounting | $16,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,436 |
| Advertising and promotion | $6,355 |
| Office expenses | $12,374 |
| Information technology | $8,508 |
| Royalties | $0 |
| Occupancy | $8,728 |
| Travel | $10,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $677 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $916 |
| Insurance | $471 |
| All other expenses | $8,600 |
| Total functional expenses | $282,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,541 |
| 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 | $3,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,745 |
| Accounts payable and accrued expenses | $0 |
| 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 | $13,898 |
| Other liabilities | $0 |
| Total liabilities | $13,898 |
| Net assets without donor restrictions | $119,847 |
| 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 | $133,745 |