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North Carolina · Nonprofit

NOTE IN THE POCKET INC

NOTE IN THE POCKET INC (North Carolina) receives grants from 80 organizations whose IRS filings report $2,517,509 to it, the largest being AJ FLETCHER FOUNDATION ($232,500). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$4.2M
Funders on record
80
Grants received
$2.5M
Net assets
$2.1M
44/80 repeat funderspeak grant-dependency 14%
01What it does

What Note in the Pocket Inc does

Mission

Note in the pocket provides clothing to impoverished and homeless school children in wake county with dignity and love. We believe it is unacceptable that children in wake county are limited in their educational and social development because they do not have appropriate clothing for school.

As stated on its FY2024 Form 990.

Program

  1. Note in the pocket's primary program is to provide local homeless and impoverished school children and their families with high-quality clothing. In 2024, 10,081 individuals received much-needed clothing assistance throughout wake and durham counties.

    $3,843,878 spentof which $2,517,838 as grants$36,743 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,843,878.

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 ($1.1M) Expenses 100 ($715k) Net assets 100 ($750k)2018 Revenue 116 ($1.2M) Expenses 159 ($1.1M) Net assets 112 ($837k)2019 Revenue 132 ($1.4M) Expenses 181 ($1.3M) Net assets 127 ($956k)2020 Revenue 128 ($1.4M) Expenses 204 ($1.5M) Net assets 116 ($866k)2021 Revenue 225 ($2.4M) Expenses 257 ($1.8M) Net assets 192 ($1.4M)2022 Revenue 404 ($4.3M) Expenses 359 ($2.6M) Net assets 427 ($3.2M)2023 Revenue 363 ($3.9M) Expenses 496 ($3.5M) Net assets 282 ($2.1M)2024 Revenue 396 ($4.2M) Expenses 590 ($4.2M) Net assets 285 ($2.1M)
'17'18'19'20'21'22'23'24
Revenue (396)Expenses (590)Net assets (285)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 2021 to 2022, from $1.5M to $3.2M (+121%).

$750k
$859k
$977k
$891k
$1.5M
$3.2M
$3.5M
$3.2M
'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: 2020 3% · 2023 6%. Grants only. Government contracts and fees sit inside program revenue.

100% of NOTE IN THE POCKET INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,814 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$356k
’17
$103k
’18
$119k
’19
−$89k
’20
$572k
’21
$1.8M
’22
$337k
’23
$21k
’24
2.8
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

Dallas Bonavita

Executive director

Board chair

Tim Tinnesz

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1314161616141717
Joined·+1+3+8+0+5+3+3
No longer listed·0180703
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 36 funders, grant income rose $33k → $499k.

19 of 80 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 NOTE IN THE POCKET INC’s funders (the co-funder graph). Top 30 of 80 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

NOTE IN THE POCKET INC has a broad base — no single funder exceeds 9% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

73% 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 NOTE IN THE POCKET INC.

9%
largest funder
25%
top three
~23
effective funders

Largest funder’s share by year: 2017 38% · 2018 20% · 2019 27% · 2020 26% · 2021 37% · 2022 12% · 2023 15% — 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.

How long its funders stay

48% of NOTE IN THE POCKET INC's funders are still giving 3 years after their first grant; 55% 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

57% of NOTE IN THE POCKET 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 $1.1M that is directly attributable, 70% of it comes from North Carolina funders.

WA
IL
WI
NY
MA
WY
IN
PA
CA
MO
MD
DE
AZ
NC
SC
DC
GA
FL

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. $1.4M arriving through sponsors registered in 13 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

NOTE IN THE POCKET INC has grown faster than three-quarters of the 11,274 human services nonprofits its size.

Operating margin0% · below the median
Months of reserve2.8mo · below the median
Revenue growth (annualized)22% · top quartile

this organization peer median middle 50% of peers· 11,274 human services nonprofits $1M–$10M, FY2024

Organizations like NOTE IN THE POCKET 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

91% of spending goes to programs.

Program 91%Management 6%Fundraising 3%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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 NOTE IN THE POCKET 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 NOTE IN THE POCKET INC?
NOTE IN THE POCKET INC (North Carolina) receives grants from 80 organizations whose IRS filings report $2,517,509 to it, the largest being AJ FLETCHER FOUNDATION ($232,500). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NOTE IN THE POCKET INC have?
IRS filings report 80 organizations giving $2,517,509 in grants to NOTE IN THE POCKET INC, 44 of which have funded it in more than one year.
Who is the largest funder of NOTE IN THE POCKET INC?
AJ FLETCHER FOUNDATION is the largest funder on record, with $232,500 in grants. The full list of funders is on this page.
How can an organization like NOTE IN THE POCKET 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.

Play a game about who funds Note in the Pocket →

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 80 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 22, 2026. What this page cannot tell you · view filing