Cin Inc
- Assets
- $144.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 26-0238263
Organization Overview
Cin Inc is located in Raleigh, NC. The organization was established in 2007. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cin Inc 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 12/2022, Cin Inc generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $69.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE PROVIDE WORKSHOPS AND EDUCATIONAL SERVICES ABOUT CHARITABLE GIVING DONOR ADVISED FUNDS LIFE INSURANCE PREMIUMS AND OTHER FORMS OF PLANNED GIVING TO PHILANTHROPISTS OF COLOR. ADDITIONALLY WE BRIDGE GRASSROOTS PHILANTHROPY AND INSTITUTIONAL PHILANTHROPY BY EDUCATING CIN MEMBERS ON HOW TO CONNECT WITH ENDOWED FOUNDATIONS CHURCHES AND OTHER VEHICLES FOR PEOPLE TO GIVE COLLECTIVELY WHEN VALUES AND GIVING PRIORITIES ALIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tobi Shannon Member | 5 | $0 | |
Marsha Morgan Chair | 5 | $0 | |
Shani Hillard Member | 5 | $0 | |
Terry Love Vice Chair & Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,852 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $428 |
| Total Revenue | $106,280 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $52,484 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,008 |
| Other expenses | $15,981 |
| Total expenses | $69,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,898 |
| Other assets | $0 |
| Total assets | $144,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,705 |