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Carolina Business Capital

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: Community Improvement, Capacity Building / Management Services for Small Business, Entrepreneurs (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$647k (2023)

Expenses
$755k (2023)

Total Assets
$4.5M (2023)

Total Liabilities
$102k (2023)

Source: Form 990 tax filings from 2011 to 2023

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$647,224
Expenses
$754,757
Net Income
-$107,533
Net Assets
$4,398,523
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $753,849
> 100%
Investment Income $56,100
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$162,725
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $153,231
20.3%
Professional Fundraising Fees $0
Other Salaries and Wages $188,361
25.0%
Assets/Debt
Total Assets $4,500,678
Total Liabilities $102,155
Net Assets $4,398,523
Compensation
Key Employees and Officers Compensation Related Other
Eric L Dixon (President) $153,231 $0 $12,005
Richard Robertson (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0
Eric Sowers (Director) $0 $0 $0
Brad Mcmillan (Director) $0 $0 $0
Adam Stewart (Director) $0 $0 $0
Jimmy Molina (Director) $0 $0 $0
Rob Shell (Director) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$691,747
Expenses
$550,254
Net Income
$141,493
Net Assets
$4,025,056
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $573,851
83.0%
Investment Income $42,137
6.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $75,759
11.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $140,000
25.4%
Professional Fundraising Fees $0
Other Salaries and Wages $102,749
18.7%
Assets/Debt
Total Assets $4,164,903
Total Liabilities $139,847
Net Assets $4,025,056
Compensation
Key Employees and Officers Compensation Related Other
Eric L Dixon (President) $140,000 $0 $0
Richard Robertson (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0
Adam Stewart (Director) $0 $0 $0
Jimmy Molina (Director) $0 $0 $0
Eric Sowers (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Rob Shell (Director) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$599,489
Expenses
$506,833
Net Income
$92,656
Net Assets
$4,651,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $428,869
71.5%
Investment Income $37,563
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $133,057
22.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $118,092
23.3%
Professional Fundraising Fees $0
Other Salaries and Wages $84,119
16.6%
Assets/Debt
Total Assets $4,850,078
Total Liabilities $198,604
Net Assets $4,651,474
Compensation
Key Employees and Officers Compensation Related Other
Eric L Dixon (President) $84,000 $0 $0
Ben Sharpe (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Richard Robertson (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Rob Shell (Director) $0 $0 $0
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$950,472
Expenses
$579,118
Net Income
$371,354
Net Assets
$4,203,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $468,785
49.3%
Investment Income $50,704
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $430,983
45.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $98,866
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $126,714
21.9%
Assets/Debt
Total Assets $4,483,403
Total Liabilities $279,635
Net Assets $4,203,768
Compensation
Key Employees and Officers Compensation Related Other
Scott Anderson (President) $98,866 $0 $20,691
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0
Dutch Hardison (Treasurer) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Bill Lawhon (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0
Richard Robertson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$700,951
Expenses
$645,077
Net Income
$55,874
Net Assets
$4,011,517
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $591,622
84.4%
Investment Income $53,903
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $55,426
7.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $124,000
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $120,154
18.6%
Assets/Debt
Total Assets $4,246,363
Total Liabilities $234,846
Net Assets $4,011,517
Compensation
Key Employees and Officers Compensation Related Other
Scott Anderson (President) $124,000 $0 $15,360
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0
Dutch Hardison (Treasurer) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Bill Lawhon (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$673,105
Expenses
$647,545
Net Income
$25,560
Net Assets
$4,055,143
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $564,155
83.8%
Investment Income $53,581
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $55,369
8.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $118,506
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $101,404
15.7%
Assets/Debt
Total Assets $4,275,375
Total Liabilities $220,232
Net Assets $4,055,143
Compensation
Key Employees and Officers Compensation Related Other
Scott Anderson (President) $118,506 $0 $16,627
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0
Dutch Hardison (Treasurer) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Bill Lawhon (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$508,454
Expenses
$583,849
Net Income
-$75,395
Net Assets
$3,989,293
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $546,311
> 100%
Investment Income $51,127
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$88,984
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $112,000
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $113,423
19.4%
Assets/Debt
Total Assets $4,121,899
Total Liabilities $132,606
Net Assets $3,989,293
Compensation
Key Employees and Officers Compensation Related Other
Scott Anderson (President) $112,000 $0 $16,080
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0
Dutch Hardison (Treasurer) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Bill Lawhon (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0
Richard Robertson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$447,424
Expenses
$536,317
Net Income
-$88,893
Net Assets
$3,773,019
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $388,369
86.8%
Investment Income $59,055
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $103,846
19.4%
Professional Fundraising Fees $0
Other Salaries and Wages $75,513
14.1%
Assets/Debt
Total Assets $3,904,092
Total Liabilities $131,073
Net Assets $3,773,019
Compensation
Key Employees and Officers Compensation Related Other
Scott Anderson (President) $103,846 $0 $10,252
Joe Jackson (Chairman) $0 $0 $0
Tim Carswell (Secretary) $0 $0 $0
Dutch Hardison (Treasurer) $0 $0 $0
Dan Boyd (Director) $0 $0 $0
Stuart Hester (Director) $0 $0 $0
Bill Lawhon (Director) $0 $0 $0
Richard Pappas (Director) $0 $0 $0
Rusty Price (Director) $0 $0 $0
Ben Sharpe (Director) $0 $0 $0
Doug Sutherland (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$372,656
Expenses
$462,154
Net Income
-$89,498
Net Assets
$3,744,669
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $316,155
84.8%
Investment Income $56,501
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,615
7.5%
Professional Fundraising Fees $0
Other Salaries and Wages $109,445
23.7%
Assets/Debt
Total Assets $3,864,412
Total Liabilities $119,743
Net Assets $3,744,669

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$589,932
Expenses
$402,755
Net Income
$187,177
Net Assets
$4,012,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $503,896
85.4%
Investment Income $40,146
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $45,890
7.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $127,607
31.7%
Professional Fundraising Fees $0
Other Salaries and Wages $108,250
26.9%
Assets/Debt
Total Assets $4,153,446
Total Liabilities $140,719
Net Assets $4,012,727

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$487,145
Expenses
$458,713
Net Income
$28,432
Net Assets
$3,750,605
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $453,677
93.1%
Investment Income $21,036
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,432
2.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,572
26.9%
Professional Fundraising Fees $0
Other Salaries and Wages $111,713
24.4%
Assets/Debt
Total Assets $3,858,058
Total Liabilities $107,453
Net Assets $3,750,605

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$483,668
Expenses
$334,984
Net Income
$148,684
Net Assets
$3,725,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $449,754
93.0%
Investment Income $33,914
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,882
31.3%
Professional Fundraising Fees $0
Other Salaries and Wages $105,685
31.5%
Assets/Debt
Total Assets $4,124,156
Total Liabilities $398,814
Net Assets $3,725,342

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$517,930
Expenses
$348,749
Net Income
$169,181
Net Assets
$3,558,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $465,067
89.8%
Investment Income $52,863
10.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,241
29.9%
Professional Fundraising Fees $0
Other Salaries and Wages $106,015
30.4%
Assets/Debt
Total Assets $4,265,851
Total Liabilities $707,466
Net Assets $3,558,385

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About 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 information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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