2025-11-13T12:34:36-06:00 2024-12-31 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2024-01-01 873524937 NC BUDGET & TAX CENTER NCBU 9194231914 323 E CHAPEL HILL STREET 25374 DURHAM NC 27701 ALEXANDRA SIROTA EXECUTIVE DIRECTOR 9194231914 2025-11-12 1 1 REBECCA FISHER P01690017 7044993893 2025-09-18 2024 2025-03-06 01:10:19Z ALEXANDRA SIROTA 323 E CHAPEL HILL STREET 25374 DURHAM NC 27701 1530363 0 X WWW.NCBUDGET.ORG X 2021 NC THE NC BUDGET & TAX CENTER IS A NONPARTISAN ORGANIZATION THAT WORKS TO DOCUMENT FISCAL AND ECONOMIC CONDITIONS IN COMMUNITIES TO SUPPORT THE EFFORTS OF PEOPLE, ORGANIZATIONS, AND GOVERNMENT IN ADVANCING SOLUTIONS TO POVERTY AND PROMOTING WELL-BEING FOR ALL. 6 6 0 6 0 0 2671625 1471132 5111 2660 24535 51251 2124 5320 2703395 1530363 231420 57197 0 0 703736 1026214 0 0 9785 228530 538027 1163686 1621438 1539709 -91075 1563412 1682806 23703 83862 1539709 1598944 X AS A NONPROFIT, NONPARTISAN ORGANIZATION, WE WORK TO DOCUMENT AND ANALYZE FISCAL AND ECONOMIC CONDITIONS IN PARTNERSHIP WITH COMMUNITY LEADERS AND NORTH CAROLINIANS WITH LIVED EXPERIENCE OF POVERTY TO ADVANCE SYSTEMIC SOLUTIONS THROUGH PUBLIC POLICY THAT DRIVES CHANGE. 0 0 1073979 57197 7980 CONDUCTED RESEARCH TO DOCUMENT FISCAL AND ECONOMIC CONDITIONS IN NORTH CAROLINA, RESULTING IN MORE THAN 40 PUBLICATIONS.ENGAGED WITH COMMUNITIES ACROSS THE STATE TO IDENTIFY PRIORITIES FOR BUDGET AND TAX POLICY, INCLUDING THE ALLOCATION OF FEDERAL FUNDS, LEADING TO INCREASED CAPACITY TO CONNECT WITH PUBLIC BUDGET PROCESSES IN MORE THAN 20 COMMUNITIES.COMMUNICATED WITH THE PUBLIC TO BUILD AWARENESS OF THE IMPACT OF POLICY CHOICES ON WELL-BEING BY ENGAGING DIRECTLY WITH THE MEDIA, POSTING ON SOCIAL MEDIA, AND ADVERTISING IN VARIOUS PUBLICATIONS.BULDING THE WILL OF POLICYMAKERS TO ACT ON COMMUNITY-DRIVEN SOLUTIONS BY CONNECTING MORE PEOPLE TO THE POLICY PROCESS, MONITORING THE LEGISLATIVE PROCESS, AND CONDUCTING INDEPENDENT ANALYSIS OF LEGISLATIVE PROPOSALS. 1073979 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 X 31 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X ALEXANDRA SIROTA 9194231914 323 E CHAPEL HILL STREET 25374 DURHAM NC 27701 MARCUS BASS BOARD CHAIR 2.00 X 0 0 0 ELAINE MEJIA VICE CHAIR 2.00 X 0 0 0 MICHELLE HUGHES TREASURER 2.00 X 0 0 0 TYLER DAYE MEMBER 1.00 X 0 0 0 FELISHA MCELVINE MEMBER 1.00 X 0 0 0 MEG WIEHE MEMBER 1.00 X 0 0 0 ALEXANDRA SIROTA EXECUTIVE DIRECTOR 40.00 X 117540 0 0 117540 0 0 1 0 0 0 0 1471132 1471132 HONORARIUM 611430 2660 2660 2660 51251 51251 MISCELLANEOUS 900099 3861 3861 REIMBURSED EXPENSES 900099 1459 1459 5320 1530363 7980 0 51251 50000 50000 7197 7197 117540 81116 35674 750 810286 559193 245925 5168 28474 28474 6737 6737 63177 45049 17711 417 1815 52 1763 43726 1253 42473 126973 62472 64501 23778 13778 10000 36141 19524 13167 3450 31429 10648 20781 10579 7750 2829 30191 14200 15991 18093 13908 4185 4880 3575 1305 4634 4634 PROGRAMING 132517 131875 642 OTHER EXPENSE 39263 28761 10502 PROFESSIONAL DEV. 34008 23628 10380 1621438 1073979 537674 9785 223211 90674 1199576 1100813 480000 100968 1560 24398 14639 14639 9759 25018 1563412 1682806 23703 83862 23703 83862 X 1031860 885179 507849 713765 1539709 1598944 1563412 1682806 -91075 150310 0 X 0 1 X 1 0 X 2671625 1471132 4142757 2671625 1471132 4142757 1103774 3038983 24535 51251 75786 4218543 15215 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1621438 1621438 231072 57768 0 0 148175 231072 379247 568871 37807 0 37807 37044 57768 94812 142218 28152 0 28152 24398 14639 9759 9759 X 1530363 0 1530363 0 1530363 1621438 0 1621438 0 1621438 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED UNDER SECTION 501(C)(3) AS A PUBLIC CHARITY. THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI). THE ORGANIZATION IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ITS POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATIONINCLUDING ANY RELATED INTEREST AND PENALTIESWHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2024 AND 2023. 1 NC BLACK ALLIANCE 205 FAYETTEVILLE STREET SUITE 20 RALEIGH NC 27601 562210571 501(C)(3) 25000 0 TO HELP SUPPORT BETTER NC FELLOWSHIP PROGRAM BLUEPRINT NC 3125 POPLARWOOD COURT STE 300 RALEIGH NC 27604 272459538 501(C)(3) 25000 0 TO ADVANCE BUILDING FOR COMMUNITY LEADERS ON STATE AND LOCAL BUDGET. 2 STIPENDS 8 7197 DATA ASSOCIATES PROGRAM PART I, LINE 2: WE CONDUCT MEETINGS AT LEAST QUARTERLY TO DISCUSS DELIVERABLES AND PROJECT TIMELINES. MORE OFTEN, WE MEET MONTHLY TO SHARE STRATEGY, DESIGN EFFECTIVE PROGRAMS, AND DISCUSS THE EXPENDITURE OF GRANT FUNDS. FOR STIPENDS, WE MONITOR THE COMPLETION OF DELIVERABLES AND ISSUE PAYMENTS IN INSTALLMENTS UPON THE ACHIEVEMENT OF KEY PROGRAM MILESTONES. MARCUS BASS BOARD MEMBER 50000 REGRANT ISSUED TO NC BLACK ALLIANCE, WHERE MARCUS BASS SERVES AS DEPUTY DIRECTOR 0 FORM 990, PART V, LINE 2A THE NC BUDGET & TAX CENTER OPERATES UNDER A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) ARRANGEMENT; THEREFORE, EMPLOYEE WAGES AND WITHHOLDINGS ARE REPORTED UNDER THE PEO'S TAX IDENTIFICATION NUMBER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AND BOARD CHAIR WILL REVIEW THE FORM AND DIRECT THE EXECUTIVE DIRECTOR TO PROCEED WITH FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BUDGET AND TAX CENTER REVIEWS ITS CONFLICT OF INTEREST POLICY ANNUALLY. AT THE BEGINNING OF EACH FISCAL YEAR, THE POLICY IS REVIEWED WITH BOARD MEMBERS, INCLUDING AN EXPLANATION OF WHAT CONSTITUTES A CONFLICT OF INTEREST AND THE IMPORTANCE OF DISCLOSING ANY POTENTIAL OR ACTUAL CONFLICTS TO THE ORGANIZATION. BOARD MEMBERS AND STAFF SIGN CONFLICT OF INTEREST FORMS ANNUALLY AND ARE INSTRUCTED TO SPEAK WITH THE BOARD CHAIR OR EXECUTIVE DIRECTOR IF ANY POTENTIAL CONFLICT ARISES. IF ORGANIZATIONAL LEADERSHIP BECOMES AWARE OF A CONFLICT OF INTEREST INVOLVING A STAFF OR BOARD MEMBER, THE CONCERN IS BROUGHT TO THE EXECUTIVE DIRECTOR (FOR STAFF) OR THE BOARD CHAIR (FOR BOARD MEMBERS). FORM 990, PART VI, SECTION B, LINE 15 A SALARY SCHEDULE IS OUTLINED IN THE ORGANIZATION'S COLLECTIVE BARGAINING AGREEMENT. THE EXECUTIVE DIRECTOR'S SALARY WAS SET BY THE BOARD OF DIRECTORS TO ALIGN WITH THE SALARY LEVEL OF PROJECT DIRECTORS IN THE PREDECESSOR ORGANIZATION. SALARIES ARE ADJUSTED ANNUALLY BASED ON A COST-OF-LIVING ESTIMATE AND THE AVAILABILITY OF FUNDING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.