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Nonprofit · EIN 46-2988453

NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION

Tax-exempt · CARY, NC 27513

Financials

$1.2M$880K2023$936K$955K2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$936,000$955,429-$19,429$1,580,044$5,260$1,574,784
March 31, 2024990$1,204,662$880,082$324,580$1,597,960$3,747$1,594,213
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$902,003
Program service revenue
$0
Investment income
$33,997
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$646,766
Salaries, compensation and benefits (total)
$700,565
Professional fundraising fees
$60,000
Accounting fees
$21,521
Occupancy
$41,003
Travel
$9,965
Program services (functional)
$784,599
Management and general (functional)
$82,475
Fundraising (functional)
$88,355

Balance sheet and other

Total assets, start of year
$1,597,960
Total assets, end of year
$1,580,044
Total liabilities, end of year
$5,260
Net assets, end of year
$1,574,784
Net assets without donor restrictions
$1,403,183
Net assets with donor restrictions
$171,601
Gross receipts
$936,000
Employees
6
Volunteers
11
Year formed
2013
State of legal domicile
NC

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 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRENDA BERGCEO & DIRECTOR
Key employee
40$290,592$5,812
ANN S NELSONDIRECTOR
Trustee or director
1$0$0
DAVID NEILDIRECTOR
Trustee or director
1$0$0
JENNIFER MARTINEAUDIRECTOR
Trustee or director
1$0$0
BOB BARNHILLDIRECTOR
Trustee or director
1$0$0
J WALTER MCDOWELL IIICHAIRMAN
Trustee or director, Officer
8$0$0
SARA SPENCERDIRECTOR
Trustee or director
1$0$0
WILL SUTTONDIRECTOR
Trustee or director
1$0$0
CHUCK PURVISDIRECTOR
Trustee or director
1$0$0
JOHN R BELKDIRECTOR
Trustee or director
1$0$0
CHRIS WILLIAMDIRECTOR
Trustee or director
1$0$0
EASTERN MAYNARDDIRECTOR
Trustee or director
1$0$0
990 for the year ended March 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
BRENDA BERGCEO & DIRECTOR
Key employee
40$298,093$5,962
ANN S NELSONDIRECTOR
Trustee or director
1$0$0
DAVID NEILDIRECTOR
Trustee or director
1$0$0
JENNIFER MARTINEAUDIRECTOR
Trustee or director
1$0$0
BOB BARNHILLDIRECTOR
Trustee or director
1$0$0
J WALTER MCDOWELL IIICHAIRMAN
Trustee or director, Officer
8$0$0
SARA SPENCERDIRECTOR
Trustee or director
1$0$0
WILL SUTTONDIRECTOR
Trustee or director
1$0$0
ARTHUR POPEDIRECTOR
Trustee or director
1$0$0
CHUCK PURVISDIRECTOR
Trustee or director
1$0$0
JOHN R BELKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
501 SAS CAMPUS DR BLDG V, CARY, NC 27513-2080
In care of
% JOHN WALTER MC DOWELL
Principal officer (990 for 2024)
BRENDA BERG, 501 SAS CAMPUS DRIVE STE 121, CARY, NC 27513
Signed the 990
BRENDA BERG, CEO
Phone
(919) 744-7447
Website
BESTNC.ORG
Return prepared by
SMITH LEONARD PLLC

Mission

THE MISSION OF NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION (DBA BEST NC) IS TO UNITE AN ENGAGED AND INFORMED BUSINESS PERSPECTIVE TO DRAMATICALLY TRANSFORM AND IMPROVE NORTH CAROLINA'S EDUCATION SYSTEM. OUR GOAL IS FOR EVERY STUDENT TO GRADUATE WITH THE KNOWLEDGE, SKILLS AND BEHAVIORS TO SUCCEED IN A COMPETITIVE GLOBAL ECONOMY.

990 for the year ended March 31, 2025

Program accomplishments

  • RESEARCH/COMMUNICATIONS: MOTIVATED BY BEST PRACTICES AND SOLID RESEARCH, BEST NC BELIEVES THAT CURATING AND SHARING DATA AND INFORMATION BROADLY WITH EDUCATION STAKEHOLDERS WILL LEAD TO BETTER CONVERSATIONS AND IDEAS. OUR PRIMARY COMMUNICATION RESOURCE IS THE NC EDUCATION FACTS & FIGURES GUIDE AND ACCOMPANYING EDUCATION DATA SETS (WWW.NCEDFACTS.ORG). WE ALSO RESEARCH, PREPARE, AND PUBLISH BRIEFS ON RELEVANT RESEARCH, PROGRAMS, AND POLICIES THAT CAN ELEVATE EDUCATION PRACTICES IN NORTH CAROLINA. WE SHARE THIS INFORMATION BOTH DIRECTLY WITH EDUCATION STAKEHOLDERS AND WIDELY THROUGH SOCIAL MEDIA.
    Expenses $529,654
  • STATE VISION/COLLABORATION: BEST NC BELIEVES THAT NORTH CAROLINA IS UNIQUELY POSITIONED TO LEAD THE NATION IN DEVELOPING AND IMPLEMENTING TRANSFORMATIVE EDUCATION STRATEGIES. WITH THAT GOAL IN MIND, WE REGULARLY CONVENE EDUCATION STAKEHOLDERS TO DEVELOP SPECIFIC, ACTIONABLE STRATEGIES TOWARD A SHARED EDUCATION VISION. MOTIVATED BY THE EXCELLENCE EDUCATION VISION. MOTIVATED BY OUR BELIEF IN THE IMPORTANCE OF SYSTEMS CHANGE, BEST NC HAS CONVENED REGULAR CONVERSATIONS AROUND ELEVATING EDUCATORS FOR STUDENT SUCCESS, SETTING HIGH STANDARDS AND MEANINGFUL ACCOUNTABILITY, AND MORE.
    Expenses $254,945

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
46-2988453
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
2013
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1,580,044
Income (IRS master file)
$936,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$936,000$955,429$1,580,044XML
990March 2024$1,204,662$880,082$1,597,960XML
990March 2023$821,251$798,220$1,274,065IRS
990March 2022$899,114$929,718$1,247,428IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 46-2988453).

Questions about NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION

What is the EIN of NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION?
The employer identification number (EIN) of NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION is 46-2988453.
Is NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION 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 NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION?
The 990 for the year ended March 31, 2025 names BRENDA BERG.
Who are the officers and directors of NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION?
The 990 for the year ended March 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $290,592 (BRENDA BERG, CEO & DIRECTOR).
How much revenue does NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION have?
On its 990 for the year ended March 31, 2025 it reported revenue of $936,000, expenses of $955,429 and total assets of $1,580,044 at year end.

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