Civic Intelligence

Fair Future Nc

EIN 84-3038674 • 501(c)4 • Raleigh, NC

Profile

Fair future nc is focused on leveling the playing field so that hardworking north carolinians have access to good jobs, healthy lifestyles and promising futures.

3125 Poplarwood Ct Suite 300Raleigh, NC 27604

fairfuturenc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

1.7%

Higher net margin than 38% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$62,339

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 45.8% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Asset Growth

91st percentile

40%

Faster asset growth than 91% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

97th percentile

375%

Faster revenue growth than 97% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$88,567

Up $43,488 (+96%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$88,567

Up $43,488 (+96%) from 2022

Revenue

Up

$3,070,030

Up $2,934,030 (+2157%) from 2022

Expenses

Up

$3,016,402

Up $2,828,674 (+1507%) from 2022

Net Income

Up

$53,628

Up $105,356 (+204%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2019: $285,160Liabilities 2019: $0Net Assets 2019: $285,1602019Assets 2020: $96,604Liabilities 2020: $0Net Assets 2020: $96,6042020Assets 2021: $96,807Liabilities 2021: $0Net Assets 2021: $96,8072021Assets 2022: $45,079Liabilities 2022: $0Net Assets 2022: $45,0792022Assets 2024: $88,567Liabilities 2024: $0Net Assets 2024: $88,5672024

Highlighted filing

2024

Assets$88,567
Liabilities$0
Net Assets$88,567

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $329,860Expenses 2019: $44,700Net Income 2019: $285,1602019Revenue 2020: $1,594,824Expenses 2020: $1,783,380Net Income 2020: -$188,5562020Revenue 2021: $240,000Expenses 2021: $239,797Net Income 2021: $2032021Revenue 2022: $136,000Expenses 2022: $187,728Net Income 2022: -$51,7282022Revenue 2024: $3,070,030Expenses 2024: $3,016,402Net Income 2024: $53,6282024

Highlighted filing

2024

Revenue$3,070,030
Expenses$3,016,402
Net Income$53,628

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 9, 2025
Return Version
2024v5.0
Gross Receipts
$3,070,030
Mission and Program Overview

Mission

Fair future nc is focused on leveling the playing field so that hardworking north carolinians have access to good jobs, healthy lifestyles and promising futures.

Fair Future is focused on leveling the playing field so that hardworking North Carolinians have access to good jobs, healthy lifestyles and promising futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,939$88,567▲ $53,628
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$34,939$88,567▲ $53,628
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,939$88,567▲ $53,628
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$34,939$88,567▲ $53,628
Total Liabilities and Net Assets / Fund Balance$34,939$88,567▲ $53,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith MasonExecutive DirectorFT$55,823$55,823

Board Members and Trustees

NameTitle
Andy BallBoard Chair
Chaz BeasleyBoard Member
Dustin IngallsBoard Member
Larry D HallBoard Member
Tammy BrunnerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,070,030
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,070,030
Change in Net Assets
$53,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,901,868
Grants and Similar Amounts Paid$1,050,000
Salaries, Compensation, and Employee Benefits$64,534
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$1,769,569$0$0$1,769,569
Grants to Domestic Orgs$1,050,000--$1,050,000
Current Officers, Directors, Trustees, and Key Employees$44,658$11,165$0$55,823
Fees for Services Legal$0$45,000$0$45,000
Fees for Services Management$0$39,000$0$39,000
Other Expenses$34,000$0$0$34,000
Office Expenses$0$6,151$0$6,151
Fees for Services Lobbying$5,000$0$0$5,000
Payroll Taxes$3,510$877$0$4,387
Other Employee Benefits$3,459$865$0$4,324
Fees for Services Accounting$0$2,666$0$2,666
Fees for Services Other$386$96$0$482
Total Functional Expenses$2,910,582$105,820$0$3,016,402
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Majority Rising NCCary, NC501(c)4Educate North Carolinians$800,000
United Here ActionNew York, NY501(c)4Educate North Carolinians$250,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$1,000,000
Section 527 Activity Spending$1,000,000
Total Exempt Function Spending$1,000,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared after an internal review of the organization's books and records for the year. The draft form is then sent to the organization's officers for their comments and suggested changes. After completion of that review, the revised form is sent to the Board for review. Questions, comments and changes, if any, are incorporated after discussion with the Board and the preparer to finalize and file the return.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available online through the State of North Carolina's online access to corporate records. In addition, the organization's governing documents, and financial statements are available upon request by submitting a written request to the organization's address.

Filing and Contact Details

Filer

Filer Name
Fair Future NC
EIN
84-3038674
Phone
2529457156
Address
3125 Poplarwood Ct Suite 300, Raleigh, NC 27604

Signing Officer

Name
Keith Mason
Title
Executive Director
Phone
2529457156
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Mason
Formed
2019
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
0

Preparer

Firm
Freelance CFOs
Address
1220 E Gargus Rd, Moncure, NC 27559
Preparer
Michael J Schierbeek
Phone
9196560660
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IRS990/Desc0In 2024, Fair Future NC funded grassroots organizations and supported a multi-layered communications approach to amplify Black voices and increase civic engagement. We worked to empower and amplify Black voices to effect change. We will partner with local leaders and community activists to build an organizational culture that prioritizes diversity, equality and inclusion and treats everyone with dignity and respect.
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IRS990/MissionDesc0Fair Future NC seeks to create a new environment by educating North Carolinians about the intersection of their financial priorities and state-level economics. Fair Future NC focuses on popular and needed economic priorities that resonate with North Carolinians and particularly middle and working class people. We focus on controlling the cost of healthcare, affordable childcare, winning tax fairness and expanding access to community college.
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt034939
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt088567
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06151
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06151
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0865
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03459
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04324
IRS990/OtherExpensesGrp/Desc0Research
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt034000
IRS990/OtherExpensesGrp/TotalAmt034000
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0877
IRS990/PayrollTaxesGrp/ProgramServicesAmt03510
IRS990/PayrollTaxesGrp/TotalAmt04387
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Keith Mason
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0137000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0137000
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0137000
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt053628
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED

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