Public charity
FOREST CITY, NCEIN
This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $949,707 | $2,287,890 | $321,394 | $21,959,681 | $21,957,810 |
| FY2024 | 990 | $846,793 | $2,739,585 | $225,000 | $22,422,455 | $22,413,807 |
| FY2023 | 990 | $842,174 | $2,918,264 | $0 | $23,726,858 | $23,721,008 |
| FY2022 | 990 | $749,090 | $3,488,355 | $514,949 | $25,448,270 | $25,425,382 |
| FY2021 | 990 | $2,761,233 | $3,050,715 | $641,923 | $29,091,994 | $29,011,731 |
| FY2020 | 990 | $2,879,288 | $3,615,727 | $1,187,317 | $29,620,732 | $29,611,659 |
| FY2019 | 990 | $34,420,580 | $4,072,482 | $2,164,300 | $30,356,367 | $30,348,098 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 70% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| TeamCFAForest City, NC | Program Support | $2,164,300 | 2019 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Philip Byers | President/ExecDir | 40.00 | $346,494 |
| Michael Harrington | Vice-President | 40.00 | $217,950 |
| Gary Gammon | Treasurer | 5.00 | $0 |
| Tommy Luckadoo | Member |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Tutoring |
| $132,997 |
| 2025 |
| Veritas CommunityCharlotte, NC | General support | $100,000 | 2022 |
| Davidson Charter AcadLexington, NC | Gen support | $75,000 | 2022 |
| Hirsch AcademyDecatur, GA | Gen support | $50,000 | 2022 |
| Pioneer PreparatoryCharlotte, NC | Gen support | $50,000 | 2022 |
| Thomas JeffersonMooresboro, NC | Gen support | $50,000 | 2022 |
| Brevard AcademyPisgah Forest, NC | Gen support | $50,000 | 2022 |
| Unity ClassicalCharlotte, NC | Gen support | $50,000 | 2022 |
| Excelsior ClassicalDurham, NC | Gen support | $50,000 | 2022 |
| Ethos AcademyGlendale, AZ | Gen support | $39,949 | 2022 |
| Appalachian UniversityBoone, NC | Gen Support | $38,397 | 2025 |
| Unity ClassicalCharlotte, NC | Gen Support | $25,000 | 2024 |
| Pioneer PreparatoryCharlotte, NC | Gen Support | $25,000 | 2025 |
| Unity ClassicalCharlotte, NC | Gen Support | $25,000 | 2025 |
| Excelsior ClassicalDurham, NC | Gen Support | $25,000 | 2024 |
| Hirsch AcademyDecatur, GA | Gen Support | $25,000 | 2025 |
| Veritas CommunityCharlotte, NC | Gen Support | $25,000 | 2024 |
| Hirsch AcademyDecatur, GA | Gen Support | $25,000 | 2024 |
| Davidson Charter AcadLexington, NC | Gen Support | $25,000 | 2025 |
| Davidson Charter AcadLexington, NC | Gen Support | $25,000 | 2024 |
| Ethos AcademyGlendale, AZ | Gen Support | $25,000 | 2025 |
| Brevard AcademyPisgah Forest, NC | Gen Support | $25,000 | 2024 |
| Thomas JeffersonMooresboro, NC | Gen Support | $25,000 | 2024 |
| Brevard AcademyPisgah Forest, NC | Gen Support | $25,000 | 2025 |
| 2.00 |
| $0 |
| Tim Smith | Member | 2.00 | $0 |
| Tracy Banker | Secretary | 40.00 | $195,253 |
| Jennifer Mccluney | Finance Officer | 40.00 | $75,569 |
| Jason Cole | Member | 2.00 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202511359349302296
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202401369349315315
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202341179349301519
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202231369349308303
Form 990 · FY2020 · period ending Jun 30, 2020
Filing id 202141379349302764
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 202141379349302524
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.