Ncf Carolinas Inc
- Assets
- $1.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Charlotte, NC
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 82-1961443
Organization Overview
Ncf Carolinas Inc is located in Charlotte, NC. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Ncf Carolinas Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncf Carolinas 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 12/2021, Ncf Carolinas Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MOBILIZE RESOURCES BY INSPIRING BIBLICAL GENEROSITY AND CREATING CHARITABLE GIVING STRATEGIES AMONG INDIVIDUALS, FAMILIES, BUSINESSES, ADVISORS, MINISTRIES AND NON-PROFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS ACCOMPLISHED BY MOBILIZING CASH AND NON-CASH RESOURCES AND INSPIRING BIBLICAL GENEROSITY TO ACCOMPLISH OUR VISION OF EVERY PERSON REACHED AND RESTORED THROUGH THE LOVE OF CHRIST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Putnam Former President | Officer | 50 | $241,209 |
Jason Mink Director Of Outreach | Officer | 50 | $154,585 |
Brandon Davis President | Officer | 50 | $144,658 |
Richard Newton Vp, Treasurer, And Secretary | Officer | 50 | $100,769 |
Cliff Benson III Board Chair | OfficerTrustee | 1 | $0 |
Traynor Reitmeier Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,990 |
| Total Program Service Revenue | $1,433,582 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,454,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $669,091 |
| Compensation of current officers, directors, key employees. | $82,359 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,636 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,314 |
| Payroll taxes | $52,154 |
| Fees for services: Management | $109,237 |
| Fees for services: Legal | $4,350 |
| Fees for services: Accounting | $13,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,639 |
| Office expenses | $4,177 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,188 |
| Travel | $62,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,131 |
| Insurance | $21,548 |
| All other expenses | $0 |
| Total functional expenses | $1,272,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,450,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,670 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,465,195 |
| Accounts payable and accrued expenses | $7,829 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,829 |
| Net assets without donor restrictions | $1,457,366 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,465,195 |
Grants Awarded
Over the last fiscal year, Ncf Carolinas Inc has awarded $90,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: CHARITABLE SUPPORT | $75,000 |
CHARLOTE KNIGHTS LLC FOOD FUNDRAISER PURPOSE: FOOD FUNDRAISER | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ncf Carolinas Inc has recieved totaling $949,241.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $947,741 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Triad Charitable Foundation Greensboro, NC | $5,589,144 | $15,418,213 |
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Boys & Girls Clubs Of The Midlands Columbia, SC | $2,396,839 | $5,933,397 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Ncf Carolinas Inc Charlotte, NC | $1,465,195 | $1,454,572 |