James 123 Inc

  • Morehead City, NC
  • Tax exemption issued: March 2016
  • EIN: 47-5197024

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$77,005
Expenses
$76,320
Net Income
$685
Net Assets
$9,720
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $77,000
100.0%
Interest Revenue $5
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $76,265
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,720
Total Liabilities $0
Net Assets $9,720
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on July 21, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$63,239
Expenses
$57,412
Net Income
$5,827
Net Assets
$9,035
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $63,200
99.9%
Interest Revenue $39
0.1%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $57,377
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,035
Total Liabilities $0
Net Assets $9,035
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on Nov. 3, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,041
Expenses
$66,413
Net Income
-$11,372
Net Assets
$3,208
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $55,000
99.9%
Interest Revenue $41
0.1%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,371
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,208
Total Liabilities $0
Net Assets $3,208
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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990-PF
Filed on Oct. 23, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$46,019
Expenses
$44,826
Net Income
$1,193
Net Assets
$14,580
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $46,000
100.0%
Interest Revenue $19
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $44,785
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,580
Total Liabilities $0
Net Assets $14,580
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on May 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,001
Expenses
$55,071
Net Income
$5,930
Net Assets
$13,387
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $61,000
100.0%
Interest Revenue $1
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,022
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,387
Total Liabilities $0
Net Assets $13,387
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on Aug. 1, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,751
Expenses
$45,796
Net Income
$1,955
Net Assets
$7,456
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $47,750
100.0%
Interest Revenue $1
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $45,762
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,457
Total Liabilities $1
Net Assets $7,456
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on May 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$50,406
Expenses
$45,186
Net Income
$5,220
Net Assets
$5,501
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $50,400
100.0%
Interest Revenue $6
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $45,060
99.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,502
Total Liabilities $1
Net Assets $5,501
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on Aug. 4, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,538
Expenses
$32,673
Net Income
-$3,135
Net Assets
$282
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $29,535
100.0%
Interest Revenue $3
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,647
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $282
Total Liabilities $0
Net Assets $282
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on May 21, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$25,004
Expenses
$24,463
Net Income
$541
Net Assets
$3,417
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
100.0%
Interest Revenue $1
0.0%
Dividends $2
0.0%
Sales of Assets $1
0.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,420
99.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,417
Total Liabilities $0
Net Assets $3,417
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
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Document Links

990-PF
Filed on May 4, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$13,000
Expenses
$15,124
Net Income
-$2,124
Net Assets
$2,876
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $13,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,106
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,876
Total Liabilities $0
Net Assets $2,876
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,000
Expenses
$0
Net Income
$5,000
Net Assets
$5,000
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,000
Total Liabilities $0
Net Assets $5,000
Compensation
Key Employees and Officers Compensation Other
Charlton Burns (Executive Director) $0 $0
Peggy Burns (Director) $0 $0
Zachary Jett (Director) $0 $0
Andrew Jett (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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