North Carolina · Nonprofit
FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK
FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK (North Carolina) receives grants from 10 organizations whose IRS filings report $1,062,049 to it, the largest being PUBLIC WELFARE FOUNDATION INC ($300,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $946k
- Funders on record
- 10
- Grants received
- $1.1M
- Net assets
- $455k
What Formerly Incarcerated College Graduates Network does
Mission
Our mission is to promote the education and empowerment of formerly incarcerated people through a collective community.
As stated on its FY2025 Form 990.
Programs
Place: the pathways to leadership advancement and career excellence (place) program focuses on the unique needs of students and professional members in reentry pursuing advancement in their careers through leadership development and skill attainment. Our goal is to provide resources, mentorship, and networking opportunities that will help these individuals build successful and fulfilling careers. Place focuses on four key project activity areas for ficgn members - education and training, employment and recruitment, leadership development, and community and civic engagement.
$308,614 spentof which $2,762 as grants42% of program spendingCapss: the center for academic persistence and student success (capss) is ficgn's mainstay for doing work in higher education in prison and reentry. Programs within the center aim to enrich the learning and teaching experience by empowering students and educators with access to educational and financial resources that support the teaching and learning journey through degree attainment.
$202,669 spent$20,480 earned by the program28% of program spendingFind: find (formerly incarcerated network development) brings together individuals with lived experience to connect, support, and celebrate each other. Events can be informal meetups or larger, more organized gatherings. These events are to foster a sense of belonging and within a local community and to help lay the groundwork for robust and active local ficgn networks.
$86,203 spentof which $300 as grants12% of program spendingGeneral programs: other general supporting activities.
$139,417 spentof which $1,000 as grants$14,192 earned by the program19% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $736,903.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $139k to $522k (+276%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
96% of FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Terrell Blount
Executive director
Board chair
Benjamin Wright
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2022 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $220k → $647k.
5 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK leans on a few funders — its largest provides 28% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK.
Largest funder’s share by year: 2022 91% · 2023 46% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK draws 100% of its grant income from funders outside North Carolina, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $200k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK has grown faster than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Public support
38%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK?
- FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK (North Carolina) receives grants from 10 organizations whose IRS filings report $1,062,049 to it, the largest being PUBLIC WELFARE FOUNDATION INC ($300,000). 1 of them have funded it in more than one year.
- How many funders does FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK have?
- IRS filings report 10 organizations giving $1,062,049 in grants to FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK, 1 of which have funded it in more than one year.
- Who is the largest funder of FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK?
- PUBLIC WELFARE FOUNDATION INC is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
- How can an organization like FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Formerly Incarcerated College Graduates Network →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing