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Myfuturenc Inc

EIN 84-2326658 · Raleigh, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MYFUTURENC, INC.'S MISSION IS TO CLOSE GAPS IN EDUCATIONAL ACCESS AND PROMOTE A SHARED VISION FOR AN EDUCATION-THROUGH-WORKFORCE CONTINUUM TO ENSURE NORTH CAROLINA'S ECONOMIC VIABILITY IN THE GLOBAL MARKET.

Income
$3.9 million
Spending
$4.1 million
Spent on programs
85%
Reserves
16.3 months of spending
Largest source of income
donations and private grants, 97%
Employees
18
Volunteers
21
Highest pay
$220,000, president &

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 16.3 months of spending.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $1.1 million spent. LOCAL INITIATIVES - PROGRAMMATIC EFFORTS TO CONVENE REGIONAL/COUNTY LEADERS AND RAISE AWARENESS IN SUPPORT OF NEW AND ONGOING LOCAL AND REGIONAL EDUCTIONAL ATTAINMENT FOCUSED INITIATIVE.
  2. $760,241 spent. DATA - PROGRAMMATIC EFFORTS TO MEASURE PROGRESS TOWARD NORTH CAROLINA EDUCATIONAL ATTAINMENT GOALS INCLUDING THE DEVELOPMENT, PUBLICATION, AND UPDATE OF A DATA DASHBOARD.
  3. $578,019 spent. EDUCATIONAL ADVOCACY & LABOR MARKET ALIGNMENT - PROGRAMMATIC EFFORTS TO (1) CONVENE, ENGAGE AND DRIVE AWARENESS WITH THE PUBLIC AND KEY PARTNERS TO INSPIRE A DEEP COMMITMENT TO IMPROVING EDUCATIONAL ATTAINMENT IN NORTH CAROLINA, (2) ALIGN AND COORDINATE STATE-LEVEL ATTAINMENT AND TALENT DEVLOPMENT EFFORTS WITH LABOR MARKET NEED AND (3) ADVANCE THE DEVELOPMENT, IMPLEMENTATION AND SCALING OF EVIDENCE-BASED EDUCATIONAL ATTAINMENT FOCUSED PRACTICES AND POLICIES. FAFSA AWARENESS/INCREASE ENROLL CAMPAIGN,
  4. $1.1 million spent. GENERAL EDUCATIONAL ATTAINMENT EFFORTS, EDUCATIONAL ADVOCACY & LABOR MARKET ALIGNMENT, AND OTHER EDUCATIONAL EFFORTS.
  5. GENERAL EDUCATIONAL ATTAINMENT EFFORTS, EDUCATIONAL ADVOCACY & LABOR MARKET ALIGNMENT, AND OTHER EDUCATIONAL EFFORTS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.