Nonprofit · EIN 80-0553664
INSTITUTE FOR THE PUBLIC TRUST
Tax-exempt · RALEIGH, NC 27601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $179,813 | $126,025 | $53,788 | $234,930 | $0 | $234,930 |
| December 31, 2023 | 990 | $210,775 | $128,121 | $82,654 | $181,142 | $0 | $181,142 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $176,527
- Program service revenue
- $0
- Investment income
- $3,286
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,000
- Salaries, compensation and benefits (total)
- $72,000
- Professional fundraising fees
- $0
- Legal fees
- $1,275
- Accounting fees
- $1,475
- Occupancy
- $3,000
- Travel
- $11,651
- Program services (functional)
- $115,167
- Fundraising (functional)
- $10,858
Balance sheet and other
- Total assets, start of year
- $181,142
- Total assets, end of year
- $234,930
- Total liabilities, end of year
- $0
- Net assets, end of year
- $234,930
- Net assets without donor restrictions
- $234,930
- Gross receipts
- $179,813
- Employees
- 0
- Year formed
- 2010
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK HILL | DIRECTOR Officer | 40 | $72,000 |
| LARRY CAISON | OFFICER Officer | – | $0 |
| EVA FEUCHT | OFFICER Officer | – | $0 |
| ALEX MCMILLAN | OFFICER Officer | – | $0 |
| CLIFF SHARPE | OFFICER Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK HILL | DIRECTOR Officer | 40 | $72,000 |
| LARRY CAISON | OFFICER Officer | – | $0 |
| EVA FEUCHT | OFFICER Officer | – | $0 |
| ALEX MCMILLAN | OFFICER Officer | – | $0 |
| CLIFF SHARPE | OFFICER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 5 W HARGETT ST RM 212, RALEIGH, NC 27601-1348
- In care of
- % FRANK H HILL
- Principal officer (990 for 2024)
- FRANK HILL, 218 HILLCREST RD, RALEIGH, NC 27605
- Signed the 990
- FRANK HILL, DIRECTOR
- Phone
- (919) 825-0934
- Website
- INSTITUTEPUBLICTRUST.ORG/
- Return prepared by
- MADDISON & CAISON LLP
Mission
THE INSTITUTE FOR THE PUBLIC TRUST PROVIDES PRACTICAL AND EFFECTIVE LEADERSHIP TRAINING IN A COMPREHENSIVE TRAINING PROGRAM ON HOW TO BE AN EFFECTIVE PUBLIC SERVANT AND LEADER FOR PEOPLE WITH BUSINESS EXPEREIENCE, UNIVERSITY STUDENTS, AND OTHER BACKGROUNDS.
Program accomplishments
- THE INSTITUTE FOR THE PUBLIC TRUST PROVIDES PRACTICAL AND EFFECTIVE LEADERSHIP TRAINING IN A COMPREHENSIVE TRAINING PROGRAM ON HOW TO BE AN EFFECTIVE PUBLIC SERVANT. AS A RESULT OF THE PROGRAM, MANY PARTICIPANTS ENTER THE ARENA OF PUBLIC SERVICE AT THE LOCAL AND STATE LEVEL, WHILE OTHERS PLAN TO DO SO IN THE FUTURE.Expenses $115,167
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0553664
- 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
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W24)
- Assets (IRS master file)
- $234,930
- Income (IRS master file)
- $179,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $179,813 | $126,025 | $234,930 | XML |
| 990 | December 2023 | $210,775 | $128,121 | $181,142 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 80-0553664).
Questions about INSTITUTE FOR THE PUBLIC TRUST
- What is the EIN of INSTITUTE FOR THE PUBLIC TRUST?
- The employer identification number (EIN) of INSTITUTE FOR THE PUBLIC TRUST is 80-0553664.
- Is INSTITUTE FOR THE PUBLIC TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to INSTITUTE FOR THE PUBLIC TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR THE PUBLIC TRUST 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 INSTITUTE FOR THE PUBLIC TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR THE PUBLIC TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INSTITUTE FOR THE PUBLIC TRUST?
- The 990 for the year ended December 31, 2024 names FRANK HILL.
- Who are the officers and directors of INSTITUTE FOR THE PUBLIC TRUST?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $72,000 (FRANK HILL, DIRECTOR).
- How much revenue does INSTITUTE FOR THE PUBLIC TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $179,813, expenses of $126,025 and total assets of $234,930 at year end.
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All nonprofits in RALEIGH · North Carolina · Public and societal benefit