Public Schools First Nc Inc in Raleigh, North Carolina (NC)

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Public Schools First Nc Inc
Employer Identification Number (EIN)461510531
Name of OrganizationPublic Schools First Nc Inc
In Care of NameYevonne Brannon
AddressPO BOX 37832, Raleigh, NC 27627-7832
SubsectionCharitable Organization
Ruling Date01/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$175,558
Amount of Income$183,186
Form 990 Revenue Amount$183,186
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Alliance/Advocacy Organizations


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Amount of income in 2014: $183,186 (it was $196,045 in 2013)
Public Schools First Nc Inc: 

 $183,186
Other organizations performing similar types of work: 

 $103,000

Assets in 2014: $175,558 (it was $122,075 in 2013)
This organization: 

 $175,558
Other organizations performing similar types of work: 

 $44,206

Expenses in 2013: $89,376
Public Schools First Nc Inc: 

 $89,376
Other organizations performing similar types of work: 

 $99,229

Income to expenses ratio in 2013: 2.0
Public Schools First Nc Inc: 

 2.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
Public Schools First Nc Inc: 

 100.0%
Other organizations performing similar types of work: 

 65.2%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$196,045
Contributions, gifts, grants, and similar amounts received$196,045
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$89,376
Total net assets$122,075
Excess/Deficit for the year$106,669
Net assets or fund balances at beginning of year$15,406
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$122,075
Balance Sheets
2013
Total assets$122,075
Total liabilities$0
Net assets or fund balances$122,075
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$12,887
Subtotal Support$46,045
Gifts, grants, contributions, and membership fees received$46,045
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$33,158
Total Support$46,045
Public Support$46,045
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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1Elevate Early Education Inc112 Granby St Ste 500, Norfolk, VA 23510-1654VA2013-06$5,731,759
2Working America Education Fund815 16th Street Nw No 3107, Washington, DC 20006-4101DC2005-11$4,706,567
3New Schools For Baton Rouge100 Lafayette Street Second Floor, Baton Rouge, LA 70801-1201LA2012-02$4,148,459
4Texas Charter Schools Association700 Lavaca St Ste 930, Austin, TX 78701-3117TX2009-02$2,958,370
5Minnesota Private College Council Inc445 Minnesota St Ste 500, Saint Paul, MN 55101-2123MN2013-11$2,691,622
6Virginia Early Childhood Foundation2201 W Broad Street, Richmond, VA 23220-2022VA2006-03$2,529,257
7Families For Better Public Schools Inc5030 Center Hill Church Rd, Loganville, GA 30052-4234GA2012-09$2,307,877
8California Charter Schools Association Advocates1017 L Street Ste 141, Sacramento, CA 95814-3805CA2014-05$2,231,987
9Coalition For Educational Success1033 Skokie Blvd Ste 360, Northbrook, IL 60062-4137IL2011-02$1,977,750
10North Carolina Citizens For Protecting Our SchoolPO BOX 1093, Raleigh, NC 27602-1093NC2013-01$352,235
11Atlantic Bridge Inc100 N Tryon St Ste 4700, Charlotte, NC 28202-4003NC2001-10$280,508
12Public Schools First Nc IncPO BOX 37832, Raleigh, NC 27627-7832NC2014-01$183,186
13Achievement Through Liberal Arts And Sciences1301 Beal Street, Rocky Mount, NC 27804NC2014-09$0
14Bit Basics800 Park Offices Drive Suite 3119, Durham, NC 27703NC2015-04$0
15Five Star Commitment203 Flamingo St, Clayton, NC 27520NC2006-10$0
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17Icon Lecture Series17 Pennington Place, Durham, NC 27707NC2014-08$0
18Kms Institute For Ethics & Social Justice3884 Granite Street, Terrell, NC 28682NC2015-03$0
19Teen Reach Inc9935 Read Road Suite D232, Charlotte, NC 28277-6710NC2014-10$0
20Terry Benjey Bicycling Foundation161 Spring Creek Lane, Wilmington, NC 28411NC2014-12$0
Number of organizations performing similar types of work
Alaska4
Alabama10
Arkansas10
Arizona12
California77
Colorado19
Connecticut8
District of Columbia25
Delaware3
Florida63
Georgia20
Hawaii5
Iowa3
Idaho7
Illinois26
Indiana11
Kansas6
Kentucky6
Louisiana21
Massachusetts18
Maryland16
Maine1
Michigan14
Minnesota15
Missouri13
Mississippi4
Montana2
North Carolina11
North Dakota1
Nebraska2
New Hampshire5
New Jersey18
New Mexico4
Nevada4
New York31
Ohio24
Oklahoma4
Oregon13
Pennsylvania20
Rhode Island2
South Carolina9
South Dakota2
Tennessee9
Texas45
Utah4
Virginia21
Vermont3
Washington23
Wisconsin14
West Virginia4
Wyoming1
International1
Total694

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