Cooperating Raleign Colleges
- Assets
- $489.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 12/1971
- Data as of
- 06/2023
- EIN
- 23-7158371
Organization Overview
Cooperating Raleign Colleges is located in Raleigh, NC. The organization was established in 1971. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperating Raleign Colleges is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Cooperating Raleign Colleges generated $74.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $83.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warwick Arden Board President | 5 | $0 | |
Christine Mcphail Board Vice President | 5 | $0 | |
Jo Allen Director | 5 | $0 | |
Paulette Dillard Director | 5 | $0 | |
Renata Dusenbury Director | 5 | $0 | |
Scott Ralls Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,642 |
| Membership dues | $39,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,640 |
| Professional fees and other payments to independent contractors | $92 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,441 |
| Total expenses | $83,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $488,980 |
| Other assets | $0 |
| Total assets | $488,980 |
| Total liabilities | $20,683 |
| Net assets or fund balances | $468,297 |