Nonprofit · EIN 26-4768737
BENT CREEK INSTITUTE INC
Tax-exempt · ASHEVILLE, NC 28806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $111,829 | $58,769 | $53,060 | $245,603 | $66,664 | $178,939 |
| June 30, 2024 | 990 | $66,150 | $60,675 | $5,475 | $195,282 | $69,403 | $125,879 |
| June 30, 2023 | 990 | $151,455 | $148,442 | $3,013 | $193,462 | $73,058 | $120,404 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $111,829
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $42,965
- Professional fees and payments to contractors
- $234
- Occupancy
- $6,995
- Other expenses
- $8,575
- Program services (functional)
- $53,458
Balance sheet and other
- Total assets, start of year
- $195,282
- Total assets, end of year
- $245,603
- Total liabilities, end of year
- $66,664
- Net assets, end of year
- $178,939
- Cash, savings and investments
- $71,739
- Land and buildings
- $6,965
- Gross receipts
- $111,829
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Drake Fowler | President | 5 | $0 |
| Greg Cumberford | Board Chair | 4 | $0 |
| Cheryl McMurry | Secretary/Treasurer | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Drake Fowler | President Trustee or director, Officer | 5 | $0 |
| Greg Cumberford | Board Chair Trustee or director, Officer | 4 | $0 |
| Cheryl McMurry | Secretary/Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Briggs | Chair Trustee or director, Officer | 5 | $0 |
| Greg Cumberford | Vice Chair Trustee or director, Officer | 4 | $0 |
| Cheryl McMurry Kaynard | Secretary/Treasurer Trustee or director, Officer | 1 | $0 |
| Christopher Brown | Member Trustee or director | 1 | $0 |
| Mike Tanner | Member Trustee or director | 1 | $0 |
| Bob Deutsch | Member Trustee or director | 1 | $0 |
| Undi Hoffler | Member Trustee or director | 1 | $0 |
| Emmett McGregor | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 FREDERICK LAW OLMSTED WAY, ASHEVILLE, NC 28806-9315
- Signed the 990-EZ
- Drake Fowler, President
- Phone
- (828) 665-2492
- Website
- www.usbsl.org
- Return prepared by
- BURLESON & EARLEY PA
Mission
BENT CREEK INSTITUTE, INC. (BCI), A NON-PROFIT RESEARCH AND ECONOMIC DEVELOPMENT ORGANIZATION ACCELERATES RESEARCH, DEVELOPMENT, AND PRODUCTION OF SAFE PLANT DERIVED WELLNESS PRODUCTS IN WESTERN NORTH CAROLINA.
Program accomplishments
- IN COLLABORATION WITH THE NORTH CAROLINA ARBORETUM (TNCA), BCI CONTINUED TO MANAGE BOTANICAL INGREDIENT AUTHENTICATION AND TESTING SERVICES AT US BOTANICAL SAFETY LABORATORY (USBSL). USBSL ALSO PROVIDED FORMULATION SERVICES TO SMALL BUSINESSES, PROVIDING ACCESS TO GMP COMPLIANT PROTOTYPING AND MANUFACTURING SERVICES. USBSL MAINTAINED REGIONAL PARTNERSHIPS INCLUDING WITH THE BIONETWORK LABORATORY (A DIVISION OF THE COMMUNITY COLLEGE SYSTEM) TO ANCHOR AN ACCESSIBLE HUB FOR THE PRODUCTION OF VALUE ADDED PRODUCTS FROM WNC ALTERNATIVE AGRICULTURE. USBSL ALSO PROVIDED A VALUABLE USFDA NEW DIETARY INGREDIENT NOTIFICATION (NDIN) AND RELATED COMPLIANCE SERVICES TO VARIOUS BOTANICAL PRODUCTS COMPANIES LOCATED OR WITH OPERATIONS IN WESTERN NORTH CAROLINA.Expenses $53,458
- BCI AND USBSL PROVIDED STRATEGIC ADVISORY AND CONSULTING SERVICES TO PRODUCERS AND START-UPS TO ASSIST IN SCALE-UP AND R&D OF HERBAL PRODUCTS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4768737
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U055)
- Assets (IRS master file)
- $245,603
- Income (IRS master file)
- $111,829
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $111,829 | $58,769 | $245,603 | IRS |
| 990 | June 2024 | $66,150 | $60,675 | $195,282 | XML |
| 990 | June 2023 | $151,455 | $148,442 | $193,462 | XML |
| 990 | June 2022 | $190,158 | $187,620 | $221,349 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4768737).
Questions about BENT CREEK INSTITUTE INC
- What is the EIN of BENT CREEK INSTITUTE INC?
- The employer identification number (EIN) of BENT CREEK INSTITUTE INC is 26-4768737.
- Is BENT CREEK INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to BENT CREEK INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BENT CREEK INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BENT CREEK INSTITUTE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BENT CREEK INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of BENT CREEK INSTITUTE INC?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BENT CREEK INSTITUTE INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $111,829, expenses of $58,769 and total assets of $245,603 at year end.
Other nonprofits in ASHEVILLE
- WESTERN NORTH CAROLINA HUMAN RESOURCES ASSOCIATION EIN 90-0933050 · last filed 990-EZ for 2025
- BLUENANTA EIN 92-3525029 · last filed 990-EZ for 2025
- ORCHIDROOTS CORPORATION EIN 82-1693033 · last filed 990-PF for 2025
- EDUCATION AND RESEARCH CONSORTIUM OF WESTERN NORTH CAROLINA EIN 56-2150550 · last filed 990 for 2024
- GROUP HEALTH PROGRAM OF THE NATNL TELECOMMUNICATIONS COOP ASSOC EIN 52-1043923 · last filed 990 for 2024
- DOGWOOD HEALTH TRUST EIN 83-0590696 · last filed 990-PF for 2024
- MOUNTAIN AREA HEALTH EDUCATION CENTER INC EIN 56-1071426 · last filed 990 for 2025
- GIVENS ESTATES INC EIN 51-0199312 · last filed 990 for 2024
All nonprofits in ASHEVILLE · North Carolina · Science and technology