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North Carolina Business Leaders For Educ

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462988453 ✦ Cary, NC ✦ Designated as a 501(c)(3)

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Overview

What is North Carolina Business Leaders For Educ?

North Carolina Business Leaders For Educ, doing business as Best NC, is a nonprofit organization based in Cary, North Carolina. With a team of five dedicated individuals, their mission is to significantly enhance the educational system in North Carolina. They achieve this by fostering an engaged and informed business perspective and promoting evidence-based practices. Best NC's primary communication tool is the NC Education Facts and Figures Guide, offering essential data and insights for education stakeholders. They disseminate this information through their website and social media platforms, stimulating thoughtful discussions and innovative ideas. In essence, Best NC strives to equip North Carolina's students with the necessary knowledge, skills, and behaviors to thrive in a competitive global economy.


Official website here: www.bestnc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)

North Carolina Business Leaders For Education, operating as Best NC, has received an 88% score, which translates to a Three-Star rating. This rating is primarily based on the Accountability & Finance beacon, indicating that the organization demonstrates a solid commitment to financial stewardship. The organization has a commendable ratio of independent board members, with 91% of its board being independent, and it has effectively managed its financial statements, as evidenced by a perfect score for audit compliance.

While the organization shows strengths in various areas, such as having no material diversion of assets and high program expense ratios, it does face some challenges. Notably, it lacks some essential policies, including a whistleblower policy and a document retention and destruction policy. Additionally, the absence of its tax form on the nonprofit's website could be seen as a transparency gap.

Overall, Best NC demonstrates a strong commitment to accountability, but the missing policies indicate areas for improvement. With robust program spending and a stable financial outlook, the organization is well-positioned to continue its impact in the educational sector.


This AI summary has been generated from information found on Charity Navigator.

Is North Carolina Business Leaders For Educ legitimate?

North Carolina Business Leaders For Educ is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Business Leaders For Educ submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $275,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,307

For more financial information, click here


Official website here: www.bestnc.org

What is the mission statement of North Carolina Business Leaders For Educ?

The mission of North Carolina Business Leaders for Education, operating under the name BEST NC, is to bring a business perspective to significantly enhance and improve the education system in North Carolina. Their objective is to ensure that every student graduates with the necessary skills, knowledge, and behaviors to thrive in a competitive global economy. To achieve this goal, they rely on thorough research and data, which they widely share with education stakeholders to stimulate productive discussions and innovative ideas. Their primary tool for disseminating information is the NC Education Facts and Figures Guide and related data sets, available at www.ncedfacts.org.


Official website here: www.bestnc.org

Who is the CEO of North Carolina Business Leaders For Educ?

Brenda Berg is the Pres/Ceo of North Carolina Business Leaders For Educ. The CEO's salary of North Carolina Business Leaders For Educ is $273,851 and their total compensation is $275,604.


Official website here: www.bestnc.org

What is the revenue of North Carolina Business Leaders For Educ?

North Carolina Business Leaders For Educ's revenue in 2023 was $821,251.


Official website here: www.bestnc.org

Who are the executives of North Carolina Business Leaders For Educ and what are their salaries?

The average compensation at North Carolina Business Leaders For Educ during 2023 was $108,582. There are 5 employees and 11 volunteers at North Carolina Business Leaders For Educ.


Here are 12 key members and their salaries (North Carolina Business Leaders For Educ's CEO's salary is $273,851 and their total compensation is $275,604):


Brenda Berg (Pres/Ceo)
  • Compensation: $273,851
  • Related: $0
  • Other: $1,753
Bob Barnhill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Clayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Neill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Spangler Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Purvis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Belk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Williams (Board Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Walter Mcdowell Iii (Chair & Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bestnc.org

Where can I find the form 990 for North Carolina Business Leaders For Educ?

North Carolina Business Leaders For Educ's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bestnc.org

Learn more at the official website: www.bestnc.org

Mission Statement of North Carolina Business Leaders For Educ

North Carolina Business Leaders for Education, also known as BEST NC, is an organization with a mission to significantly enhance and improve the education system in North Carolina. Their goal is to unite a business perspective, marked by engagement and awareness, to catalyze a transformation in the state's education system. Their ultimate aim is to ensure that every student graduates equipped with the necessary knowledge, skills, and behaviors to thrive in the competitive global economy.

To achieve this mission, BEST NC leverages robust research and effective communication strategies. They believe that sharing data and information extensively with education stakeholders fosters better discussions and innovative ideas. As a key resource, they curate and distribute the NC Education Facts and Figures Guide and accompanying data sets through various channels, including direct communication and social media platforms. This data-driven approach aims to empower education stakeholders to contribute constructively to the transformation of North Carolina's education system.

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Impact




July, 2024

North Carolina Business Leaders For Educ Dba Best Nc's impact is to dramatically transform and improve education in North Carolina. The organization is motivated by best practices and solid research, believing that curating and sharing data and information broadly with education stakeholders will lead to better conversations and ideas. BEST NC's primary communication resource is the NC Education Facts and Figures Guide and accompanying education data sets, which are shared directly with education stakeholders and widely through social media. Their mission is to unite an engaged and informed business perspective to ensure that every student graduates with the knowledge, skills, and behaviors to succeed in a competitive global economy.




This information is meant to be a general summary of North Carolina Business Leaders For Educ. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$821,251 (2023)
Expenses
$798,220 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $821,251

Assets and Liabilities:

  • Total Assets: $1,274,065
  • Total Liabilities: $4,432
  • Net Assets: $1,269,633

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Organization Details

Founding Year

2013

Principal Officer

Brenda Berg

Main Address

501 SAS Campus Drive Bldg V, Cary, NC, 27513

NTEE Category

Code: B99 - Education

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