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Education : Scholarship and Financial Support

North Carolina Agricultural Foundation

Public Charity supporting the College of Agriculture and Life Sciences at North Carolina State University

four stars

95.05

Campus Box 7645 North Carolina State University
Raleigh, NC 27695
tel: (919) 515-2000   Web Site
EIN: 56-6049304

Board Leadership
Scott Prestage
Chairman

CEO
Sonia Murphy
President

  Score
(out of 100)
Rating
Overall Score & Rating 95.05 four stars
  Financial 100.00 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The North Carolina Agricultural Foundation (NCAF) was founded in 1944 as a means of supporting agricultural research, extension, and teaching activities in the College of Agriculture and Life Sciences at North Carolina State University. NCAF works to aid and promote, by financial assistance and otherwise, all types of education and research in agriculture at or through NC State University.

The North Carolina Agricultural Foundation (NCAF) was founded in 1944 as a means of supporting agricultural research, extension, and teaching activities in the College of Agriculture and Life Sciences at North Carolina State University. NCAF works to aid and promote, by financial assistance and otherwise, all types of education and research in agriculture at or through NC State University.

Impact Information

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Financial

four stars

100.00

Accountability & Transparency

four stars

93.00

This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.1%
  Administrative Expenses 2.6%
  Fundraising Expenses 5.1%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 4.92
  Program Expenses Growth 12.3%
  Liabilities to Assets 4.0%
All data for Financial Performance Metrics calculations was provided by North Carolina Agricultural Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by North Carolina Agricultural Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Agricultural Foundation (NC) 95.05 four stars
Evans Scholars Foundation (IL) 90.98 four stars
Columbus Citizens Foundation (NY) 87.24 three stars
Institute for Educational Advancement (CA) 85.43 three stars
Student Sponsor Partners (NY) 92.91 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,036,759
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $169,530
   Related Organizations $0
   Government Grants $523,939
Total Contributions $13,730,228
   Program Service Revenue $2,510,831
Total Primary Revenue $16,241,059
   Other Revenue $2,824,153
TOTAL REVENUE $19,065,212
   
EXPENSES  
   Program Expenses $19,722,050
   Administrative Expenses $511,467
   Fundraising Expenses $521,672
TOTAL FUNCTIONAL EXPENSES $20,755,189
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,689,977
   
Net Assets $175,251,305

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
North Carolina Agricultural Foundation has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 06/01/2020 95.05 four stars
2018-06 07/01/2019 94.86 four stars
2017-06 06/01/2018 94.73 four stars
2016-06 08/01/2017 94.77 four stars
2015-06 07/01/2016 96.12 four stars
2014-06 06/01/2016 91.11 four stars
 
CN 2.0
2014-06 09/01/2015 85.39 three stars
2013-06 06/01/2014 94.32 four stars
2012-06 07/01/2013 90.13 four stars
2011-06 05/01/2012 91.26 four stars
2010-06 10/01/2011 88.57 three stars
2009-06 09/20/2011 90.08 four stars
 
CN 1.0
2009-06 11/01/2010 99.10 four stars
2008-06 10/01/2009 99.35 four stars
2007-06 03/01/2009 93.73 four stars
2006-06 06/01/2007 94.84 four stars
2005-06 06/01/2006 89.23 three stars
2004-06 07/01/2005 84.76 three stars
2003-06 08/01/2004 87.65 three stars
2002-06 09/01/2003 99.65 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-6049304
Name in IRS Master File NORTH CAROLINA AGRICULTURAL FOUNDATION INC
NTEE Code E11
NTEE Classification Single Organization Support
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1946
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Sonia Murphy President $180,219

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Agricultural Foundation (NC) 95.05 four stars
The Francis Ouimet Scholarship Fund (MA) 91.63 four stars
Simon Youth Foundation (IN) 88.20 three stars
Inner-City Scholarship Fund (NY) 85.98 three stars
Horatio Alger Association of Distinguished Americans (VA) 92.38 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

North Carolina Agricultural Foundation
Campus Box 7645
North Carolina State University
Raleigh, NC 27695
tel: (919) 515-2000
fax: (919) 515-5274
EIN: 56-6049304

Visit Web Site

Board Leadership

Scott Prestage
Chairman

CEO

Sonia Murphy
President

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