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North Carolina · Nonprofit

NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC

NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC (North Carolina) receives grants from 8 organizations whose IRS filings report $896,800 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($385,000). 2 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$5.7M
Funders on record
8
Grants received
$897k
Net assets
$2.9M
2/8 repeat funderspeak grant-dependency 24%
01What it does

What North Carolina Business Committee for Education Inc does

Mission

The organization consists of businesses throughout north carolina who share a common desire to improve the public education system.

As stated on its FY2024 Form 990.

Programs

  1. Navigator/nc techworks - is an online site for nc educators to source work-based learning opportunities, includ-ing career profiles, guest speakers,internships, worksite tours, and apprenticeships. The platform allows employers to track school engagement and educators to track work- based learning expe-riences for their students. The service is offered at no cost to employers or schools.

    $1,808,864 spentof which $1,270,307 as grants
    71% of program spending
  2. Building bright futures (bbf) - bbf is a pilot initiative designed to support and scale pre-apprenticeships and apprenticeships in early childhood education throughout north carolina. Bbf offers technical assistance, financial support, and resources to pre-apprentices and apprentices, child care centers, school districts, community colleges, and other partners in a registered apprenticeship program through apprenticeshipnc. This pilot program aims to "fill in the gaps" where other financial resources can't, offer value-added professional development and community of practice opportunities, create a hub for early childhood apprenticeship resources, and gather best practices and lessons learned from participants to support a statewide playbook.

    $469,955 spentof which $280,498 as grants
    19% of program spending
  3. Steps4growth - beginning in september of 2022, ncbce received grant funding through the usdoc via nc a&t state university as part of a comprehensive clean energy workforce development project. S4g will work with employers to train students and adults to fill well-paying jobs in energy efficiency, renewable energy, clean vehicles, and grid & resiliency.

    $126,925 spent
    5% of program spending
  4. Student-based programs: ready, set, app is an annual app development competition that began in 2019 and was built in partnership with lenovo. This statewide initiative challenges nc high school students to create a mobile app to address a problem in their school or community. Ready, set, app focuses on three primary pillars: mobile app development, professional and personal development, and growing interpersonal and soft skills. Students get the chance to develop skills in coding, graphic design, video editing, presenting, collaborating, and much more. Students@work is a career awareness program implemented by the gubernatorial proclamation that introduces nc middle school students to businesses and careers. Students are hosted (in person or virtually) by employers to learn about career pathways in real-world business environments. Ca-reer awareness is a critical first step in adding relevancy to academics and positioning students to navigate career pathways successfully. Many students are unaware of the many careers available within their state, and students@work helps bridge this gap. Linking north carolina with innovative talent (linc-it) is a collaborative model that supports…

    $127,927 spentof which $13,150 as grants
    5% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,533,671.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($287k) Expenses 100 ($298k) Net assets 100 ($592k)2018 Revenue 171 ($491k) Expenses 124 ($370k) Net assets 121 ($714k)2019 Revenue 112 ($323k) Expenses 155 ($460k) Net assets 97 ($576k)2020 Revenue 791 ($2.3M) Expenses 326 ($969k) Net assets 317 ($1.9M)2021 Revenue 513 ($1.5M) Expenses 798 ($2.4M) Net assets 112 ($661k)2022 Revenue 313 ($899k) Expenses 358 ($1.1M) Net assets 84 ($495k)2023 Revenue 1507 ($4.3M) Expenses 929 ($2.8M) Net assets 347 ($2.1M)2024 Revenue 1973 ($5.7M) Expenses 1634 ($4.9M) Net assets 482 ($2.9M)
'17'18'19'20'21'22'23'24
Revenue (1973)Expenses (1634)Net assets (482)

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 $534k to $2.4M (+357%).

$592k
$714k
$576k
$1.9M
$754k
$534k
$2.4M
$3.4M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 11% · 2019 12% · 2020 41% · 2021 57% · 2022 76% · 2023 55% · 2024 75%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$11k
’17
$121k
’18
−$138k
’19
$1.3M
’20
−$903k
’21
−$166k
’22
$1.6M
’23
$799k
’24
5.6
months of
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

Caroline Sullivan

Exec dir & s

Board chair

Leslie Walden

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2825262827272525
Joined·+3+4+17+7+10+2+1
No longer listed·631581041
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $120k → $175k.

3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% 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 NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC’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

NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC leans on a few funders — its largest provides 43% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

66% 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 NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC.

43%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 88% · 2023 57% — 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

55% of NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $401k that is directly attributable, 90% of it comes from funders outside North Carolina, across 5 states.

NY
MA
NJ
NC
DC

In-state vs out-of-state, by year

’18
’20
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $496k arriving through sponsors registered in 3 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.

04Its place in the field

Government funding NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.0M on record.

Federal$4.0M
grants $4.0Mcontracts $0
Top agencies
  • Department of Labor$4.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

28
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC: 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.

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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 NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC?
NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC (North Carolina) receives grants from 8 organizations whose IRS filings report $896,800 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($385,000). 2 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC have?
IRS filings report 8 organizations giving $896,800 in grants to NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $385,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 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