NC STATE NATURAL RESOURCES FOUNDATION INC

EIN: 560653350 501(c)(3) Education

RALEIGH, NC

Total Revenue
$4,793,495
Total Expenses
$2,958,316
Total Assets
$69,025,644
Net Assets
$68,239,347
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
NC
Principal Officer
ERIN DELEHANTY
Phone
9195137149
Tax Period
2024-07-01 to 2025-06-30

NC STATE NATURAL RESOURCES FOUNDATION INC, founded in 1929, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $1.8M, a strong 38% operating margin.

Mission

TO PROMOTE EDUCATION AND RESEARCH IN THE COLLEGE OF NATURAL RESOURCES OF NORTH CAROLINA STATE UNIVERSITY AS WELL AS AID AND PROMOTE, BY FINANCIAL ASSISTANCE AND OTHERWISE, ALL TYPES OF EDUCATION, RESEARCH AND EXTENSION IN THE COLLEGE OF NATURAL RESOURCES.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,709,894
Program Service Revenue $281,124
Investment Income $1,679,532
Other Revenue $122,945
TOTAL REVENUE $4,793,495

Expense Breakdown

Grants Paid $1,839,983
Salaries & Benefits $170,035
Fundraising Expenses $204,240
Program Expenses $2,692,936
Other Expenses $948,298
TOTAL EXPENSES $2,958,316

Year-over-Year Comparison

2024 2023 Change
Revenue $4,793,495 $5,087,521 -0.1%
Expenses $2,958,316 $3,093,494 0.0%
Net Income $1,835,179 $1,994,027 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
15
Employees
5
Volunteers
60

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
7
$1,084,474
Total Directors
19
$504,105
Key Employees
1
$345,199
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY ALLRED VICE CHAIR 1.00
Officer Director
$0 $0 $0
GEORGIA BROWN DIRECTOR 1.00
Director
$0 $23,469 $134,533
FREDERICK CARTER DIRECTOR 1.00
Director
$0 $0 $0
JOANN COX DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DANGLER CHAIR 1.00
Officer Director
$0 $0 $0
DANA R HARRIS TREASURER 1.00
Officer Director
$0 $79,282 $369,572
THOMAS HINES DIRECTOR 1.00
Director
$0 $0 $0
RONNIE HISE DIRECTOR 1.00
Director
$0 $0 $0
HUNTER JENKINS PAST CHAIR 1.00
Director
$0 $0 $0
PATRICIA LAYTON DIRECTOR AS OF 10/1/24 1.00
Director
$0 $0 $0
REBECCA NICHOLSON DIRECTOR AS OF 10/1/24 1.00
Director
$0 $0 $0
LARRY PERKINS DIRECTOR 1.00
Director
$0 $0 $0
NANCY THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
DALE THREATT-TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
JAZMIN VARELA DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE WELLS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER ZUCKERMAN DIRECTOR 1.00
Director
$0 $0 $0
BLAS ARROYO DIRECTOR UNTIL 11/1/24 1.00
Director
$0 $0 $0
MILES DANIELS DIRECTOR UNTIL 2/10/25 1.00
Director
$0 $0 $0
SAM COOK VICE PRESIDENT 1.00
Officer
$0 $31,942 $201,983
ERIN DELEHANTY ASSISTANT TREASURER 1.00
Officer
$0 $55,581 $249,219
ERIN ELLIOTT SECRETARY 1.00
Officer
$0 $21,688 $77,136
JENNIFER PIERCY PRESIDENT 1.00
Officer
$0 $22,946 $186,564
MYRON FLOYD DIRECTOR 1.00
Key Emp
$0 $49,556 $345,199
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
2025 $4,793,495 $2,958,316 $69,025,644 $1,835,179
2024 $5,087,521 $3,093,494 $62,988,374 $1,994,027
2023 $4,211,895 $2,806,407 $56,481,787 $1,405,488
2022 $3,299,649 $2,635,145 $55,714,328 $664,504
2021 $4,565,836 $2,897,609 $55,146,039 $1,668,227
2020 $2,834,031 $3,219,001 $40,566,145 $-384,970
2019 $2,989,879 $3,088,568 $40,997,582 $-98,689
2018 $3,576,004 $3,058,566 $39,354,817 $517,438
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