Skip to the page content
Your donations
Passes our checks

Nchof Inc

EIN 92-1234582 · Chapel Hill, NC

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

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

NCHOF WAS ESTABLISHED TO SUPPORT AND HONOR UNIVERSITY OF NORTH CAROLINA STUDENT ATHLETES OF THE PAST, PRESENT, AND FUTURE. WE ARE COMMITTED TO HIGHLIGHTING THE SUCCESSES OF THE UNIVERSITY'S ATHLETIC PROGRAMS AND DEVELOPING RELATIONSHIPS BETWEEN TAR HEELS PAST AND PRESENT. ULTIMATELY, WE EXPECT TO DESIGN AND CONSTRUCT A STANDALONE PHYSICAL HALL OF FAME WHERE LOCAL FANS AND VISITING TAR HEELS CAN CELEBRATE THEIR ATHLETIC HEROES AND WHICH WE WILL USE TO PROVIDE ADDITIONAL SERVICES TO CURRENT STUDENT ATHLETES. THROUGH OUR RELATIONSHIPS WITH THE STUDENT ATHLETES AND COMMUNITY ORGANIZATIONS, WE PROMOTE LOCAL, CHAPEL HILL AREA CHARITIES TO FURTHER DEEPEN THE GREAT BOND BETWEEN THE UNIVERSITY AND THE COMMUNITY.

Income
$6.2 million
Spending
$4.1 million
Spent on programs
91%
Reserves
8.4 months of spending
Largest source of income
donations and private grants, 99%
Employees
2
Volunteers
3
Highest pay
$235,569, executive director

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 68% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.4 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 34% of income.

  • Income trend

    15 of 15

    Income rose 192% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 47% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    18 of 25

    3 of 3 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

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • 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 June 30, 2024, 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 (1)
  1. $3.7 million spent. DEVELOP A SPORTS HALL OF FAME FOR THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND TO SUPPORT STUDENT ATHLETES OF THE PAST, PRESENT, AND FUTURE. AS A COMMUNITY ORGANIZATION, NCHOF SUPPORTS LOCAL CHARITABLE ORGANIZATIONS BY HELPING PROMOTION AND PARTICIPATION IN THEIR EVENTS AND PROGRAMMING.

Source: Form 990 for the year ending June 30, 2024, 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 September 7, 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 September 30, 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 September 10, 2026.

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

    Most recent return on file covers the year ending June 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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

    Recognized by the IRS since December 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.