NC AG PARTNERSHIP INC

EIN: 853122747 Food, Agriculture & Nutrition

RALEIGH, NC

Total Revenue
$394,925
Total Expenses
$378,571
Total Assets
$163,645
Net Assets
$163,645
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NC
Principal Officer
CHARLES FULLER
Phone
9194247262
Tax Period
2025-01-01 to 2025-12-31

NC AG PARTNERSHIP INC, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $395K in total revenue in fiscal year 2025. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $379K left a modest 4% surplus.

Mission

NC AG PARTNERSHIP REPRESENTS FARMING, AGRIBUSINESS, AND THE DIVERSE AGRICULTURAL RELATED BUSINESSES THAT SERVE OUR RURAL COMMUNITIES BY SUPPORTING A LAWFUL AND RATIONAL STATE REGULATORY CLIMATE AND OPPOSING UNNECESSARY OR EXCESSIVE RESTRICTIONS ON AGRICULTURAL PRACTICES AND PRIVATE PROPERTY RIGHTS. WE WORK TO EDUCATE THE GENERAL PUBLIC AND POLICY LEADERS THAT FARMERS AND AGRICULTURAL COMMUNITIES ARE PRODUCTIVE STEWARDS OF OUR NATURAL RESOURCES AND OTHER AGRICULTURAL INTERESTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $394,925
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $394,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $63,220
Program Expenses $247,135
Other Expenses $318,571
TOTAL EXPENSES $378,571

Year-over-Year Comparison

2025 2024 Change
Revenue $394,925 $633,699 -0.4%
Expenses $378,571 $579,877 -0.3%
Net Income $16,354 $53,822 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES FULLER PRESIDENT 2.00
Officer Director
$0 $0 $0
RE EVERETTE SECRETARY 1.00
Officer Director
$0 $0 $0
JEFFERY C LEE TREASURER 1.00
Officer Director
$0 $0 $0
ROY LEE LINDSEY DIRECTOR 1.00
Director
$0 $0 $0
PETER T DANIEL CHAIRMAN 10.00
Officer Director
$0 $0 $0
PAUL SHERMAN DIRECTOR 1.00
Director
$0 $0 $0
CHARLES HALL DIRECTOR 1.00
Director
$0 $0 $0
TORI RUMENIK EXECUTIVE DIRECTOR 40.00
Officer
$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
2025 $394,925 $378,571 $163,645 $16,354
2024 No data No data No data No data
2023 $501,265 $529,393 $93,469 $-28,128
2022 $335,402 $366,824 $121,597 $-31,422
2021 $214,000 $60,981 $153,019 $153,019
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