Civic Intelligence

Majority Rising Nc

EIN 87-4783603 • 501(c)4 • Cary, NC

Profile

Majority Rising's purpose is to engage in educational and advocacy activities to promote policies that advance sustainable economic development and growth. It will educate North Carolina residents about policies that support economic development and growth in North Carolina, strong public education at all levels, and other issues essential to the lives of North Carolinians.

PO Box 4174Cary, NC 27519

www.majorityrisingnc.org

Siviq Scores

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

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

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

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

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

Net Margin

17th percentile

-12%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-57%

Faster asset growth than 3% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

221%

Faster revenue growth than 96% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$476,035

Down $630,222 (-57%) from 2023

Liabilities

Down

$8,041

Down $49,014 (-86%) from 2023

Net Assets

Down

$467,994

Down $581,208 (-55%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin17th percentile

Revenue

Up

$4,774,825

Up $3,285,725 (+221%) from 2023

Expenses

Up

$5,356,033

Up $4,865,220 (+991%) from 2023

Net Income

Down

-$581,208

Down $1,579,495 (-158%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

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

$1.5M$1.0M$500K$0Assets 2022: $73,072Liabilities 2022: $22,157Net Assets 2022: $50,9152022Assets 2023: $1,106,257Liabilities 2023: $57,055Net Assets 2023: $1,049,2022023Assets 2024: $476,035Liabilities 2024: $8,041Net Assets 2024: $467,9942024

Highlighted filing

2024

Assets$476,035
Liabilities$8,041
Net Assets$467,994
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $2,799,077Expenses 2022: $2,748,162Net Income 2022: $50,9152022Revenue 2023: $1,489,100Expenses 2023: $490,813Net Income 2023: $998,2872023Revenue 2024: $4,774,825Expenses 2024: $5,356,033Net Income 2024: -$581,2082024

Highlighted filing

2024

Revenue$4,774,825
Expenses$5,356,033
Net Income-$581,208
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$476,035
Liabilities
$8,041
Net assets
$467,994
Revenue
$4,774,825
Expenses
$5,356,033
Net income
-$581,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.01$0.47$4.77$5.36$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.06$1.05$1.49$0.49$1.00
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$2.80$2.75$0.05
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,799,077
Mission and Program Overview

Mission

Our mission is to build majority support for public policies that create prosperity and opportunity for all North Carolinians. Through education and civic engagement, we seek a fair and just society where everyone can shape our collective future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$58,498-
Intangible Assets-$7,500-
Prepaid Expenses and Deferred Charges-$5,186-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$0$73,072▲ $73,072
Other Assets Total-$1,888-
Liabilities
Accounts Payable and Accrued Expenses-$22,157-
Total Liabilities$0$22,157▲ $22,157
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$50,915-
Total Net Assets Fund Balance$0$50,915▲ $50,915
Total Liabilities and Net Assets / Fund Balance$0$73,072▲ $73,072
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Ian ShannonExecutive DirectorFT$112,904$112,904

Board Members and Trustees

NameTitle
Mack PaulChair
Asher HildebrandBoard Member
Margaret DicksonBoard Member
Page GardnerBoard Member
Tori TaylorBoard Officer
Shawna WilliamsSecretary
Reggie LoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,799,077
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,799,077
Change in Net Assets
$50,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,603,704
Salaries, Compensation, and Employee Benefits$144,458
Total Fundraising Expense$81,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,218,351--$1,218,351
Advertising$723,367--$723,367
Office Expenses$597,401$7,952$248$605,601
Current Officers, Directors, Trustees, and Key Employees$29,285$29,285$74,334$132,904
Fees for Services Legal-$33,783-$33,783
Conferences and Meetings$16,944-$312$17,256
Payroll Taxes$2,342$3,406$5,806$11,554
Insurance-$1,771-$1,771
Fees for Services Accounting-$1,722-$1,722
Information Technology$264$264$309$837
Travel$664--$664
Other Expenses$102$79$92$102
Total Functional Expenses$2,588,799$78,262$81,101$2,748,162
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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$852,289
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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

“Prior to filing, the Form 990 will be reviewed by the Executive Director, and then distributed to the full Board and the Finance Committee for review.”

Form 990, Part VI, Section C, Line 19

“The Form 990, Bylaws, Articles of Incorporation, and Form 1024 Application for Exemption are provided to public upon request.”

Filing and Contact Details

Filer

Filer Name
Majority Rising NC
EIN
87-4783603
Phone
9193918316
Address
PO Box 4174, Cary, NC 27519

Signing Officer

Name
Mack Paul
Title
Chair
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mack Paul
Formed
2022
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
10

Preparer

Firm
Mig Murphy Sistrom CPA Pc
Address
2216 Whitley Dr, DURHAM, NC 27707
Preparer
Mig Murphy Sistrom
Phone
9194191119
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“OTHER PROGRAM SERVICES 4: Policy Development: The organization began developing a public policy platform to be rolled out at a later date. This involved deep dives into certain subject matter areas by issue experts, leaders, and others to better inform the public policy platform. OTHER PROGRAM SERVICES 5: Research & Surveys: To better understand how to reach North Carolina citizens to effectively communicate about public policy issues, the organization commissioned and conducted mutliple public opinion polls in addition to focus groups bringing together important segments of North Carolina's population affected by state-level public policy decisions.”

Raw XML Appendix367 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
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IRS990/Form990PartVIISectionAGrp/PersonNm1Margaret Dickson
IRS990/Form990PartVIISectionAGrp/PersonNm2Page Gardner
IRS990/Form990PartVIISectionAGrp/PersonNm3Asher Hildebrand
IRS990/Form990PartVIISectionAGrp/PersonNm4Reggie Love
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IRS990/Form990PartVIISectionAGrp/PersonNm6Tori Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm7Shawna Williams
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
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IRS990/MissionDesc0Majority Rising's purpose is to engage in educational and advocacy activities to promote policies that advance sustainable economic development and growth. It will educate North Carolina residents about policies that support economic development and growth in North Carolina, strong public education at all levels, and other issues essential to the lives of North Carolinians.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Events: The organization held four public policy-focused events which brought together community leaders, policymakers, stakeholders, and attendees. Issues covered during these events included education, health care, workforce development and the environment.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0The organization engaged in political activity through the education of the public on the public policy stances of elected officials and candidates through direct mail, digital communication, and media.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
IRS990ScheduleC/VolunteerHoursCnt020
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Policy Development: The organization began developing a public policy platform to be rolled out at a later date. This involved deep dives into certain subject matter areas by issue experts, leaders, and others to better inform the public policy platform. OTHER PROGRAM SERVICES 5: Research & Surveys: To better understand how to reach North Carolina citizens to effectively communicate about public policy issues, the organization commissioned and conducted mutliple public opinion polls in addition to focus groups bringing together important segments of North Carolina's population affected by state-level public policy decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prior to filing, the Form 990 will be reviewed by the Executive Director, and then distributed to the full Board and the Finance Committee for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990, Bylaws, Articles of Incorporation, and Form 1024 Application for Exemption are provided to public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mack Paul
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Majority Rising NC
ReturnHeader/Filer/BusinessNameControlTxt0MAJO
ReturnHeader/Filer/EIN0874783603
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208021147
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIG MURPHY SISTROM CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02216 Whitley Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194191119
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mig Murphy Sistrom
ReturnHeader/ReturnTs02023-11-14T10:38:44-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mack
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Paul
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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