Real Facts NC

EIN: 273337837

Raleigh, NC

Total Revenue
$3,080,000
Total Expenses
$3,101,999
Total Assets
$18,576
Net Assets
$18,025
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
Michael L Weisel
Phone
9196791776
Tax Period
2022-01-01 to 2022-12-31

Real Facts NC, founded in 2010, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2022. Revenue surged 2269% from the prior year, signaling strong growth momentum.

Mission

Real Facts NC conducts research, sponsors educational activities and events, and disseminates accurate and timely information to promote the general public's understanding of ways to maintain and improve North Carolina's common good, quality of life and social welfare.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,080,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,080,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,070,513
Other Expenses $3,101,999
TOTAL EXPENSES $3,101,999

Year-over-Year Comparison

2022 2021 Change
Revenue $3,080,000 $130,000 +22.7%
Expenses $3,101,999 $198,002 +14.7%
Net Income $-21,999 $-68,002 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Reiff Board Director and President 1
Officer Director
$0 $0 $0
Michael L Weisel Board Director and Secretary/Treasurer 1
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $3,080,000 $3,101,999 $18,576 $-21,999
2020 $919,646 $832,425 $110,362 $87,221
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Real Facts NC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.