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Nonprofit · EIN 56-1884667

DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN

Also known as N C C A T

Tax-exempt · CULLOWHEE, NC 28723

Financials

$492K$310K2022$747K$419K2023$478K$344K2024
Revenue Expenses · by fiscal year end
Financials of DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$477,577$343,502$134,075$3,093,667$9,468$3,084,199
June 30, 2024990$747,133$419,142$327,991$2,809,503$0$2,809,503
June 30, 2023990$492,427$310,230$182,197$2,557,272$0$2,557,272
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$203,472
Program service revenue
$130,155
Investment income
$136,256
Net gain from sales of assets
-$2,000
Net income from sales of inventory
$7,044
Other revenue
$7,694

Expenses

Grants and similar amounts paid
$254,836
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,000
Program services (functional)
$307,969
Management and general (functional)
$35,533

Balance sheet and other

Total assets, start of year
$2,809,503
Total assets, end of year
$3,093,667
Total liabilities, end of year
$9,468
Net assets, end of year
$3,084,199
Net assets without donor restrictions
$176,591
Net assets with donor restrictions
$2,907,608
Gross receipts
$490,555
Employees
0
Year formed
1994
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
M BROCK WOMBLEEXECUTIVE DIRECTOR
Trustee or director
0$0
PHILLIP KIRKBOARD MEMBER
Trustee or director
0$0
GUY SMITHBOARD MEMBER
Trustee or director
0$0
LINDA SUGGSBOARD MEMBER
Trustee or director
0$0
EDWARD TUCKERBOARD MEMBER
Trustee or director
0$0
WILLIS WHICHARDBOARD MEMBER
Trustee or director
0$0
FREEBIRD MCKINNEYBOARD MEMBER
Trustee or director
0$0
JENNIFER BELLBOARD MEMBER
Trustee or director
0$0
LISA GODWINBOARD MEMBER
Trustee or director
0$0
BARBARA HARDYBOARD MEMBER
Trustee or director
0$0
JAMES CAUSBYBOARD MEMBER
Trustee or director
0$0
CARL HARRISBOARD MEMBER
Trustee or director
0$0
CHERRI CHEEKBOARD MEMBER
Trustee or director
0$0
ERIC BRACYBOARD MEMBER
Trustee or director
0$0
YONA WADEBOARD MEMBER
Trustee or director
0$0
15 more people on this return
NameTitleHours / weekCompensation
LEAH CARPERBOARD MEMBER
Trustee or director
0$0
KWAN GRAHAMBOARD MEMBER
Trustee or director
0$0
JEFF HARDINGBOARD MEMBER
Trustee or director
0$0
DAVID HOLLARSBOARD MEMBER
Trustee or director
0$0
KIMBERLY JONESBOARD MEMBER
Trustee or director
0$0
TOMMY LEDFORDBOARD MEMBER
Trustee or director
0$0
RODNEY SHOTWELLBOARD MEMBER
Trustee or director
0$0
CHRIS CAMPBELLBOARD MEMBER
Trustee or director
0$0
EUGENIA FLOYDBOARD MEMBER
Trustee or director
0$0
MORGAN HOUCHARDBOARD MEMBER
Trustee or director
0$0
HEATHER SMITHBOARD MEMBER
Trustee or director
0$0
TERRY WORRELLBOARD MEMBER
Trustee or director
0$0
RICHARD A SCHWARTZPRESIDENT
Officer
2$0
JUDY S PHILLIPSTREASURER
Officer
1$0
JAMES SIMEONVICE PRESIDENT
Officer
0$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensation
CAROLINE SULLIVANBOARD MEMBER
Trustee or director
0$0
ERIC BRACYBOARD MEMBER
Trustee or director
0$0
LEAH CARPERBOARD MEMBER
Trustee or director
0$0
YONA WADEBOARD MEMBER
Trustee or director
0$0
TERRY HOLLIDAYBOARD MEMBER
Trustee or director
0$0
CHERRI CHEEKBOARD MEMBER
Trustee or director
0$0
CORY CAUSBYBOARD MEMBER
Trustee or director
0$0
SAMUEL HOUSTON JRBOARD MEMBER
Trustee or director
0$0
AARON FLEMINGBOARD MEMBER
Trustee or director
0$0
RODNEY SHOTWELLBOARD MEMBER
Trustee or director
0$0
TOMMY LEDFORDBOARD MEMBER
Trustee or director
0$0
EUGENIA FLOYDBOARD MEMBER
Trustee or director
0$0
CHRIS CAMPBELLBOARD MEMBER
Trustee or director
0$0
JEFF HARDINGBOARD MEMBER
Trustee or director
0$0
KWAN GRAHAMBOARD MEMBER
Trustee or director
0$0
KIMBERLY JONESBOARD MEMBER
Trustee or director
0$0
DAVID HOLLARSBOARD MEMBER
Trustee or director
0$0
CARL HARRISBOARD MEMBER
Trustee or director
0$0
LINDA SUGGSBOARD MEMBER
Trustee or director
0$0
EDWARD TUCKERBOARD MEMBER
Trustee or director
0$0
WILLIS WHICHARDBOARD MEMBER
Trustee or director
0$0
RICK STOUTBOARD MEMBER
Trustee or director
0$0
M BROCK WOMBLEEXECUTIVE DIRECTOR
Trustee or director
0$0
PHILLIP KIRK JRBOARD MEMBER
Trustee or director
0$0
GUY SMITHBOARD MEMBER
Trustee or director
0$0
FREEBIRD MCKINNEYBOARD MEMBER
Trustee or director
0$0
JB BUXTONBOARD MEMBER
Trustee or director
0$0
BARBARA HARDYBOARD MEMBER
Trustee or director
0$0
JAMES CAUSBYBOARD MEMBER
Trustee or director
0$0
LISA GODWINBOARD MEMBER
Trustee or director
0$0
SHIRLEY PRINCEBOARD MEMBER
Trustee or director
0$0
JENNIFER BELLBOARD MEMBER
Trustee or director
0$0
RICHARD A SCHWARTZPRESIDENT
Officer
2$0
JUDY S PHILLIPSTREASURER
Officer
1$0
JAMES SIMEONVICE PRESIDENT
Officer
0$0
990 for the year ended June 30, 2023: 27 people
NameTitleHours / weekCompensation
CARL HARRISBOARD MEMBER
Trustee or director
0$0
CHERRI CHEEKBOARD MEMBER
Trustee or director
0$0
TERRY HOLLIDAYBOARD MEMBER
Trustee or director
0$0
JB BUXTONBOARD MEMBER
Trustee or director
0$0
BARBARA HARDYBOARD MEMBER
Trustee or director
0$0
JAMES CAUSBYBOARD MEMBER
Trustee or director
0$0
SAMUEL HOUSTONBOARD MEMBER
Trustee or director
0$0
YONA WADEBOARD MEMBER
Trustee or director
0$0
FREDDIE WILLIAMSONBOARD MEMBER
Trustee or director
0$0
MAUREEN STOVERBOARD MEMBER
Trustee or director
0$0
CORY CAUSBYBOARD MEMBER
Trustee or director
0$0
ERIC BRACYBOARD MEMBER
Trustee or director
0$0
CAROLINE SULLIVANBOARD MEMBER
Trustee or director
0$0
LISA GODWINBOARD MEMBER
Trustee or director
0$0
EUGENIA FLOYDBOARD MEMBER
Trustee or director
0$0
LINDA SUGGSBOARD MEMBER
Trustee or director
0$0
GUY SMITHBOARD MEMBER
Trustee or director
0$0
M BROCK WOMBLEEXECUTIVE DIRECTOR
Trustee or director
0$0
PHILLIP KIRKBOARD MEMBER
Trustee or director
0$0
EDWARD TUCKERBOARD MEMBER
Trustee or director
0$0
SHIRLEY PRINCEBOARD MEMBER
Trustee or director
0$0
JENNIFER BELLBOARD MEMBER
Trustee or director
0$0
WILLIS WHICHARDBOARD MEMBER
Trustee or director
0$0
FREEBIRD MCKINNEYBOARD MEMBER
Trustee or director
0$0
RICHARD A SCHWARTZPRESIDENT
Officer
2$0
JUDY S PHILLIPSTREASURER
Officer
1$0
JAMES SIMEONVICE PRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
276 NCCAT DR, CULLOWHEE, NC 28723-6202
In care of
% RICHARD A SCHWARTZ
Principal officer (990 for 2024)
RICHARD A SCHWARTZ, PO BOX 2350, RALEIGH, NC 27602
Signed the 990
RICHARD A SCHWARTZ, PRESIDENT
Return prepared by
S GILLESPIE PA

Mission

SEE SCHEDULE O - NUMBER 07

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORTING THE PROGRAMS OF AND PROVIDING SUPPLEMENTAL FUNDING FOR THE NORTH CAROLINA CENTER FOR THE ADVANCEMENT OF TEACHING (NCCAT).
    Expenses $307,969

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1884667
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,093,667
Income (IRS master file)
$490,555

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$477,577$343,502$3,093,667IRS
990June 2024$747,133$419,142$2,809,503IRS
990June 2023$492,427$310,230$2,557,272XML
990June 2022$475,731$153,955$2,396,073IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-1884667).

Questions about DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN

What is the EIN of DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN?
The employer identification number (EIN) of DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN is 56-1884667.
Is DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN 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 DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN 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 DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN?
The 990 for the year ended June 30, 2025 names RICHARD A SCHWARTZ.
Who are the officers and directors of DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN?
The 990 for the year ended June 30, 2025 lists 30 people; 0 received compensation from the organization.
How much revenue does DEVELOPMENT FOUNDATION OF THE NORTH CAROLINA CENTER FOR THE ADVANCEMEN have?
On its 990 for the year ended June 30, 2025 it reported revenue of $477,577, expenses of $343,502 and total assets of $3,093,667 at year end.

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