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North Carolina · Nonprofit

NORTH CAROLINA BUSINESS LEADERS FOR EDUC

NORTH CAROLINA BUSINESS LEADERS FOR EDUC (North Carolina) receives grants from 42 organizations whose IRS filings report $4,466,918 to it, the largest being GATES FOUNDATION ($614,001). 33 of them have funded it in more than one year.

Revenue FY2025
$936k
Funders on record
42
Grants received
$4.5M
Net assets
$1.6M
33/42 repeat fundersgrants exceed reported revenue in one year
01What it does

What North Carolina Business Leaders for Educ does

Mission

The mission of North Carolina Business Leaders for Education (dba best nc) is to unite an engaged and informed business perspective to dramatically transform and improve north carolina's education system. Our goal is for every student to graduate with the knowledge, skills and behaviors to succeed in a competitive global economy.

As stated on its FY2025 Form 990.

Programs

  1. Research/communications: motivated by best practices and solid research, best nc believes that curating and sharing data and information broadly with education stakeholders will lead to better conversations and ideas. Our primary communication resource is the nc education facts & figures guide and accompanying education data sets (www.ncedfacts.org). We also research, prepare, and publish briefs on relevant research, programs, and policies that can elevate education practices in north carolina. We share this information both directly with education stakeholders and widely through social media.

    $529,654 spent
    68% of program spending
  2. State vision/collaboration: best nc believes that north carolina is uniquely positioned to lead the nation in developing and implementing transformative education strategies. With that goal in mind, we regularly convene education stakeholders to develop specific, actionable strategies toward a shared education vision. Motivated by the excellence education vision. Motivated by our belief in the importance of systems change, best nc has convened regular conversations around elevating educators for student success, setting high standards and meaningful accountability, and more.

    $254,945 spent
    32% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $784,599.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($916k) Expenses 100 ($961k) Net assets 100 ($484k)2018 Revenue 97 ($893k) Expenses 81 ($780k) Net assets 123 ($597k)2019 Revenue 159 ($1.5M) Expenses 83 ($802k) Net assets 258 ($1.2M)2020 Revenue 132 ($1.2M) Expenses 150 ($1.4M) Net assets 210 ($1.0M)2021 Revenue 121 ($1.1M) Expenses 88 ($847k) Net assets 264 ($1.3M)2022 Revenue 98 ($899k) Expenses 97 ($930k) Net assets 257 ($1.2M)2023 Revenue 90 ($821k) Expenses 83 ($798k) Net assets 262 ($1.3M)2024 Revenue 131 ($1.2M) Expenses 92 ($880k) Net assets 329 ($1.6M)2025 Revenue 102 ($936k) Expenses 99 ($955k) Net assets 325 ($1.6M)
'17'18'19'20'21'22'23'24'25
Revenue (102)Expenses (99)Net assets (325)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $600k to $1.3M (+109%).

$490k
$600k
$1.3M
$1.0M
$1.3M
$1.2M
$1.3M
$1.6M
$1.6M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

96% of NORTH CAROLINA BUSINESS LEADERS FOR EDUC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$45k
’17
$113k
’18
$652k
’19
−$231k
’20
$259k
’21
−$31k
’22
$23k
’23
$325k
’24
−$19k
’25
20
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

Brenda Berg

CEO & director

Board chair

J Walter Mcdowell Iii

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed181413131312121112
Joined·+5+0+0+0+6+1+3+2
No longer listed·91007141
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 21 funders, grant income rose $133k → $869k.

9 of 42 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 NORTH CAROLINA BUSINESS LEADERS FOR EDUC’s funders (the co-funder graph). Top 30 of 42 funders by total. 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 LEADERS FOR EDUC has a broad base — no single funder exceeds 14% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

14%
largest funder
34%
top three
~15
effective funders

Largest funder’s share by year: 2017 19% · 2018 43% · 2019 50% · 2020 31% · 2021 27% · 2022 16% · 2023 32% — growing more concentrated.

“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.

How long its funders stay

44% of NORTH CAROLINA BUSINESS LEADERS FOR EDUC's funders are still giving 3 years after their first grant; 79% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

71% of NORTH CAROLINA BUSINESS LEADERS FOR EDUC's grant income comes from North Carolina funders.

WA
KY
VA
DE
NC

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

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $851k arriving through sponsors registered in 6 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

Against its field

NORTH CAROLINA BUSINESS LEADERS FOR EDUC holds deeper cash reserves than three-quarters of the 16,849 education nonprofits its size.

Operating margin−2% · below the median
Months of reserve19.8mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like NORTH CAROLINA BUSINESS LEADERS FOR EDUC

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

82% of spending goes to programs.

Program 82%Management 9%Fundraising 9%

Governance

13
board members
92%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA BUSINESS LEADERS FOR EDUC: 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 LEADERS FOR EDUC?
NORTH CAROLINA BUSINESS LEADERS FOR EDUC (North Carolina) receives grants from 42 organizations whose IRS filings report $4,466,918 to it, the largest being GATES FOUNDATION ($614,001). 33 of them have funded it in more than one year.
How many funders does NORTH CAROLINA BUSINESS LEADERS FOR EDUC have?
IRS filings report 42 organizations giving $4,466,918 in grants to NORTH CAROLINA BUSINESS LEADERS FOR EDUC, 33 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA BUSINESS LEADERS FOR EDUC?
GATES FOUNDATION is the largest funder on record, with $614,001 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA BUSINESS LEADERS FOR EDUC 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 North Carolina Business Leaders for Educ →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 42 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