Civic Intelligence

Believe Stroke Recovery Foundation

EIN 84-3288944 • 501(c)3 • Raleigh, NC

Profile

To provide stroke and brain injury survivors with financial assistance and resources to help them better control and manage their journey to recovery.

14460 Falls Of The Neuse Rd Ste 149Raleigh, NC 27614

www.believesrf.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$62,819

Up $6,010 (+11%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$62,819

Up $11,010 (+21%) from 2023

Revenue

Down

$64,515

Down $75,287 (-54%) from 2023

Expenses

Down

$53,505

Down $62,001 (-54%) from 2023

Net Income

Down

$11,010

Down $13,286 (-55%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $34,596Liabilities 2021: $0Net Assets 2021: $34,5962021Assets 2022: $27,513Liabilities 2022: $0Net Assets 2022: $27,5132022Assets 2023: $56,809Liabilities 2023: $5,000Net Assets 2023: $51,8092023Assets 2024: $62,819Net Assets 2024: $62,8192024

Highlighted filing

2024

Assets$62,819
Liabilities-
Net Assets$62,819

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $60,606Expenses 2021: $26,010Net Income 2021: $34,5962021Revenue 2022: $47,059Expenses 2022: $54,142Net Income 2022: -$7,0832022Revenue 2023: $139,802Expenses 2023: $115,506Net Income 2023: $24,2962023Revenue 2024: $64,515Expenses 2024: $53,505Net Income 2024: $11,0102024

Highlighted filing

2024

Revenue$64,515
Expenses$53,505
Net Income$11,010

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$64,515
Mission and Program Overview

Mission

Provide financial assistance

To provide stroke and brain injury survivors with financial assistance and resources to help them better control and manage their journey to recovery.

Program Services

DescriptionGrantsExpenses
TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.-$37,945
TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL ERWINChairman-$0--
APRIL STARLINGVice-Chairma-$0--
JENNIFER ERWINSecretary-$0--
KRISTINA BRACEYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Believe Stroke Recovery Foundation
EIN
84-3288944
Phone
9198158230
Address
14460 FALLS OF THE NEUSE RD STE 149, RALEIGH, NC 27614

Signing Officer

Name
Michael Erwin
Title
Chairman
Phone
9198158230
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Cozart and Edwards P a
Address
102 N MAIN STREET/PO BOX 990, CREEDMOOR, NC 27522
Preparer
C Wayne Edwards Ii
Phone
9195284775
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,000 apparel 497 believe bash 5,215 dues & subscriptions 302 equipment rental 1,275 gifts 1,158 grant recipients 28,024 itex fees 853 licenses 103 office supplies 518 total 38,945

Form 990-ez, Part II, Line 26

Note payable - founder 5,000 0

Form 990-ez, Part III

To provide stroke and brain injury survivors with financial assistance and resources to help them better control and manage their journey to recovery.

Form 990-ez, Part III, Line 31

To provide stroke and brain injury survivors with financial assistance and resources to help them better control and manage their journey to recovery.

Raw XML Appendix140 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL ERWIN
IRS990EZ/BooksInCareOfDetail/PhoneNum09198158230
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0828 DOVETAIL MEADOW LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAKE FOREST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027587
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056809
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt062819
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt064515
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011010
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014560
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056809
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062819
IRS990EZ/GrossReceiptsAmt064515
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt051809
IRS990EZ/NetAssetsOrFundBalancesEOYAmt062819
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt051809
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt062819
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL ERWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1APRIL STARLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER ERWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KRISTINA BRACEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt038945
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037945
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053505
IRS990EZ/TotalProgramServiceExpensesAmt037945
IRS990EZ/TotalRevenueAmt064515
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BELIEVESRF.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0139802
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047059
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt060606
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0311982
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0311982
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064515
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0139802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt047059
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060606
IRS990ScheduleA/Total509Grp/TotalAmt0311982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0139802
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt047059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt060606
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0311982
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
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,000 APPAREL 497 BELIEVE BASH 5,215 DUES & SUBSCRIPTIONS 302 EQUIPMENT RENTAL 1,275 GIFTS 1,158 GRANT RECIPIENTS 28,024 ITEX FEES 853 LICENSES 103 OFFICE SUPPLIES 518 TOTAL 38,945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTE PAYABLE - FOUNDER 5,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE STROKE AND BRAIN INJURY SURVIVORS WITH FINANCIAL ASSISTANCE AND RESOURCES TO HELP THEM BETTER CONTROL AND MANAGE THEIR JOURNEY TO RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL ERWIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09198158230
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELIEVE STROKE RECOVERY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BELI
ReturnHeader/Filer/EIN0843288944
ReturnHeader/Filer/PhoneNum09198158230
ReturnHeader/Filer/USAddress/AddressLine1Txt014460 FALLS OF THE NEUSE RD STE 149
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027614
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561683231
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COZART AND EDWARDS P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 N MAIN STREET/PO BOX 990
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CREEDMOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027522
ReturnHeader/PreparerPersonGrp/PhoneNum09195284775
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C WAYNE EDWARDS II
ReturnHeader/ReturnTs02025-05-15T10:47:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.