| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") | 33,534 | 39,618 | 73,152 | |||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 15,353 | 26,598 | 41,951 | |||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 915 | 915 | ||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 49,802 | 66,216 | 116,018 | |||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 116,018 | |||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6 | 49,802 | 66,216 | 116,018 | |||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | ||||||
| c | Add lines 10a and 10b | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 49,802 | 66,216 | 116,018 | |||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6Total annual distributions. Add lines 1 through 5. | 6 | |
|
7
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
7 | |
| 8 Distributable amount for 2025 from Section C, line 6 | 8 | |
| 9 Line 7 amount divided by Line 8 amount | 9 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2025 |
(iii) Distributable Amount for 2025 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2025 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2025 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2025: | ||||
| a From 2020....... | ||||
| b From 2021....... | ||||
| c From 2022....... | ||||
| d From 2023....... | ||||
| e From 2024....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2025 distributable amount | ||||
|
i
Carryover from 2020 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2025 from Section D, line 6: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2025 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2025, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2025. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2026. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2021..... | ||||
| b Excess from 2022..... | ||||
| c Excess from 2023..... | ||||
| d Excess from 2024..... | ||||
| e Excess from 2025..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE NORTH CAROLINA WOMEN BUSINESS OWNERS HALL OF FAME HONORS NORTH CAROLINA'S MOST SUCCESSFUL FEMALE ENTREPRENEURS AND ADVOCATES WHO HAVE MADE SIGNIFICANT AND ENDURING CONTRIBUTIONS TO IMPACT WOMEN'S ENTREPRENEURIAL DEVELOPMENT IN NORTH CAROLINA. |
| FORM 990, PAGE 2, PART III, LINE 4A | DURING THE 2025 TAX YEAR, THE NC WOMEN BUSINESS OWNERS HALL OF FAME ACHIEVED HISTORIC MILESTONES IN EXECUTING ITS CORE EXEMPT MISSION: CELEBRATING, CONNECTING, AND EMPOWERING WOMEN ENTREPRENEURS ACROSS NORTH CAROLINA. OPERATING FROM A POSITION OF UNPRECEDENTED FINANCIAL STABILITY- HAVING CONCLUDED THE FISCAL PERIOD WITH OVER 20,000 IN CASH RESERVES-THE ORGANIZATION SUCCESSFULLY SCALED ITS PROGRAMMATIC FOOTPRINT, STRATEGIC COMMUNITY PARTNERSHIPS, AND PUBLIC OUTREACH INFRASTRUCTURE. THE PRIMARY PROGRAMMATIC ACHIEVEMENT OF THE FISCAL YEAR WAS THE ANNUAL INDUCTION GALA HOSTED AT THE UMSTEAD. THIS PREMIER EVENT BROUGHT TOGETHER OVER 200 BUSINESS LEADERS, COMMUNITY ADVOCATES, AND STAKEHOLDERS TO HONOR THE CONTRIBUTIONS OF EXCEPTIONAL WOMEN ENTREPRENEURS TO THE STATE'S ECONOMY. THE GALA SERVED AS A VITAL PLATFORM FOR PUBLIC EDUCATION, LEADERSHIP RECOGNITION, AND ECOSYSTEM-BUILDING. TO EXTEND THE GEOGRAPHIC AND DEMOGRAPHIC REACH OF ITS EXEMPT PURPOSE BEYOND THE ANNUAL GALA, THE ORGANIZATION ESTABLISHED MAJOR OPERATIONAL COLLABORATIONS WITH PROMINENT CORPORATE, LEGAL, AND COMMUNITY INSTITUTIONS. STRATEGIC PARTNERSHIPS WERE FORGED AND EXECUTED WITH BANK OF AMERICA, THE WOMEN'S BUSINESS CENTER (WBCNC), THE CARY CHAMBER OF COMMERCE, AND LILES LAW. THESE COLLABORATIONS RESULTED IN A SERIES OF REGIONAL, SMALL-SCALE SEMINARS, WORKSHOPS, AND NETWORKING EVENTS ACROSS THE STATE, DRASTICALLY INCREASING THE ACCESSIBILITY OF RESOURCES FOR WOMEN BUSINESS OWNERS IN VARIOUS MUNICIPAL SECTORS. FURTHERMORE, THE ORGANIZATION DEEPENED ITS PROGRAMMATIC INTEGRATION WITH VITAL REGIONAL CHAPTERS, INCLUDING NAWBO CHARLOTTE AND NAWBO GREATER RALEIGH, ESTABLISHING A ROBUST, UNIFIED NETWORK FOR EDUCATIONAL AND PROFESSIONAL MENTORSHIP. THROUGH HEIGHTENED PUBLIC TRUST AND EXPANDED OUTREACH STRATEGIES, THE ORGANIZATION ACHIEVED A RECORD-BREAKING FUNDRAISING MILESTONE IN 2025, RAISING OVER 50,000 IN GROSS CONTRIBUTIONS. THESE FUNDS DIRECTLY ENABLED THE DEPLOYMENT OF NEW PUBLIC-BENEFIT PLATFORMS AND ENSURED THE LONG-TERM SUSTAINABILITY OF PROGRAMMATIC OPERATIONS. |
| FORM 990, PAGE 2, PART III, LINE 4B | IN THE MONTHS IMMEDIATELY FOLLOWING THE GALA, THE ORGANIZATION'S MARKETING AND TECHNOLOGY TEAMS LAUNCHED THREE HIGH-IMPACT INITIATIVES SPECIFICALLY STRUCTURED TO PROVIDE DIRECT, MEASURABLE UTILITY TO THE PUBLIC AND THE ENTREPRENEURIAL COMMUNITY: 1.ONLINE DIRECTORY OF WOMEN BUSINESS OWNERS: DEVELOPED AND DEPLOYED A PUBLIC-FACING DIGITAL DEPOSITORY DESIGNED TO INCREASE THE MARKET VISIBILITY AND COMMERCIAL VIABILITY OF WOMEN-LED ENTERPRISES. BY THE CONCLUSION OF THE REPORTING CYCLE, THE DIRECTORY FEATURED NEARLY 100 VERIFIED NORTH CAROLINA WOMEN-OWNED BUSINESSES, FACILITATING BUSINESS-TO-BUSINESS (B2B) PROCUREMENT AND CONSUMER ENGAGEMENT. 2.THE GIFT FORWARD COLLECTIVE: INTRODUCED AN INNOVATIVE COMMUNITY DISCOUNT AND MUTUAL-BENEFIT PROGRAM ENGINEERED TO STIMULATE COMMERCIAL INTERACTION AMONG CONSTITUENT MEMBERS, LOWER OPERATIONAL OVERHEAD FOR SMALL BUSINESSES, AND INCENTIVIZE LOCAL CONSUMER SPENDING. 3.PEER-TO-PEER FUNDRAISING VIA GIVEBUTTER: MODERNIZED THE ORGANIZATION'S GRASSROOTS DEVELOPMENT INFRASTRUCTURE, MOBILIZING COMMUNITY ADVOCATES TO EXPAND EDUCATIONAL AWARENESS AND CULTIVATE SUSTAINABLE PUBLIC FUNDING MODELS. |
| FORM 990, PAGE 2, PART III, LINE 4C | THE ORGANIZATION LEVERAGED DIGITAL MEDIA TO ADVANCE ITS EDUCATIONAL MANDATES, DISSEMINATE INFORMATION ON SMALL BUSINESS COMPLIANCE AND OPPORTUNITIES, AND PROMOTE PUBLIC ENGAGEMENT. DIGITAL PROGRAMS YIELDED SUBSTANTIAL COMMUNITY ENGAGEMENT METRICS, VALIDATING THE BROAD SOCIETAL IMPACT OF THE ORGANIZATION'S ACTIVITIES: -TOTAL DIGITAL IMPRESSIONS (FB, IG, LINKEDIN REACH): 21,755 IMPRESSIONS -TOTAL DOCUMENTED EMAIL INFORMATIONAL TOUCHPOINTS: 14,142 DELIVERIES -UNIQUE DIGITAL ENGAGEMENT ACTIONS (CLICKS TO NOMINATIONS, TICKETS, SPONSORS): 456 ACTIONS -TOTAL SOCIAL MEDIA PUBLIC INTERACTIONS (LIKES, COMMENTS, SHARES): 1,134 INTERACTIONS -NEWSLETTER READERSHIP BASE / CUMULATIVE ARTICLE IMPLEMENTATIONS: 436 SUBSCRIBERS / 498 VIEWS -LINKEDIN CORPORATE NETWORKING GROWTH: +230 FOLLOWERS (6-MONTH PERIOD) -LINKEDIN PROFESSIONAL ENGAGEMENT RATE: 5.7% ENGAGEMENT RATE (VS. A ~2.0% INDUSTRY BENCHMARK) OPERATIONAL EFFICIENCY AND DATABASE OPTIMIZATION: CONCURRENTLY, THE ORGANIZATION UNDERTOOK A RIGOROUS DATA-CLEANING AND DATABASE-OPTIMIZATION INITIATIVE PRIOR TO THE 2025 CAMPAIGN CYCLE. BY ELIMINATING INACTIVE AND OUT-OF-DATE RECORDS, THE OUTREACH DISTRIBUTION LIST WAS REDUCED BY APPROXIMATELY 250 RECIPIENTS (A 33% REDUCTION IN DATABASE SIZE). THIS ADMINISTRATIVE OPTIMIZATION RESULTED IN A DRAMATIC INCREASE IN COMMUNICATION EFFICIENCY AND RECIPIENT RESPONSIVENESS. IN ADMINISTRATIVE TERMS, THE ORGANIZATION SECURED OVER DOUBLE (2.06) THE ABSOLUTE PUBLIC RESPONSE VOLUME WHILE REDUCING TOTAL ELECTRONIC TRANSMISSION COSTS AND RESOURCES BY EXACTLY ONE-THIRD. THIS DEMONSTRATES EXCEPTIONAL STEWARDSHIP OF DONOR-SUPPORTED RESOURCES AND HIGHLY OPTIMIZED FINANCIAL/ADMINISTRATIVE OVERSIGHT. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT OF THE 990 IS MADE AVAILABLE TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, EACH OFFICER AND DIRECTOR IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS REVIEWED BY THE BOARD TO IDENTIFY AND ADDRESS ANY POTENTIAL CONFLICTS, WITH INTERESTED PARTIES RECUSED FROM RELATED DISCUSSION AND VOTING. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| Software ID: | |
| Software Version: |