Collective Impact In New Hanover County Inc
- Assets
- $3.3m
- Revenue
- $1.7m
- Investments
- $343.4k
- Employees
- 11
- Location
- Wilmington, NC
- Founding
- 12/2019
- Data as of
- 06/2022
- EIN
- 83-3263326
Organization Overview
Collective Impact In New Hanover County Inc is located in Wilmington, NC. The organization was established in 2019. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Collective Impact In New Hanover County Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collective Impact In New Hanover County 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 06/2022, Collective Impact In New Hanover County Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CFC'S MISSION IS TO SCALE BIG DATA, FUNDRAISING, SOCIAL INNOVATION, AND LARGE-SCALE INITIATIVE MANAGEMENT TO A SIX-COUNTY REGION IN SOUTHEASTERN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIVE IMPACT IN NEW HANOVER COUNTY (DBA CAPE FEAR COLLECTIVE) IS WORKING ON THE FOLLOWING STRATEGIC PRIORITIES:DRIVE DATA COLLABORATION AND ECOSYSTEM ALIGNMENTPROVIDE INSIGHTS TO THE SOCIAL IMPACT SECTOR BY CREATING AN OPEN SOURCE DATA PLATFORM THAT BUILDS OPERATIONAL EFFICIENCY AND EXPANDS FUNDRAISING OPPORTUNITIES THAT RESULT IN IMPROVED LIFE OUTCOMES FOR ALL PEOPLE.BEAR WITNESS AND AMPLIFY COMMUNITY VOICESBEAR WITNESS TO THE SYSTEMIC, STRUCTURAL INEQUITIES AND INJUSTICES FACING THE CAPE FEAR REGION AND AMPLIFY THE VOICES OF CITIZENS, PRACTITIONERS, AND ADVOCATES ON THE FRONT LINES OF THIS FIGHT.ORGANIZE FOR IMPACT...BUILD AN ENDURING TOWN SQUAREPROMOTE SUSTAINABLE, COMMUNITY-WIDE SYSTEMS AND OPERATIONAL INFRASTRUCTURE THAT SUPPORT THE SOCIAL IMPACT SECTOR IN NAVIGATING THE COMPLEXITIES OF THE REGION'S UNIQUE CHALLENGES. BUILD A CULTURE THAT CHAMPIONS COLLABORATION, EQUITY, AND TRANSPARENCY.SUPPORT INNOVATION IN THE SOCIAL SECTORFOSTER A CULTURE OF INNOVATION BY LEVERAGING RESOURCES AND CULTIVATING OPPORTUNITIES TO PROMOTE NEW METHODS FOR ACHIEVING SOCIAL PROGRESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lydia Newman Chair | OfficerTrustee | 1 | $0 |
Kate Groat Vice Chair | OfficerTrustee | 1 | $0 |
Joe Finley Treasurer | OfficerTrustee | 1 | $0 |
Terri Everett Secretary | OfficerTrustee | 1 | $0 |
Dinesh Apte Director | Trustee | 1 | $0 |
Davis Brannan Director | Trustee | 1 | $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 | $660,792 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $660,792 |
| Total Program Service Revenue | $1,017,836 |
| Investment income | $531 |
| 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 | $1,662,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $165,209 |
| Compensation of current officers, directors, key employees. | $24,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $786,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,888 |
| Payroll taxes | $77,008 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,610 |
| Fees for services: Accounting | $6,824 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,805 |
| Advertising and promotion | $18,012 |
| Office expenses | $5,204 |
| Information technology | $71,295 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,392 |
| Interest | $25,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,892 |
| Insurance | $7,070 |
| All other expenses | $33,343 |
| Total functional expenses | $1,534,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,961,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $37,500 |
| Accounts receivable, net | $5,513 |
| 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 | $1,038 |
| Net Land, buildings, and equipment | $663,964 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $343,426 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $290,453 |
| Total assets | $3,303,681 |
| Accounts payable and accrued expenses | $49,875 |
| Grants payable | $0 |
| Deferred revenue | $173,735 |
| 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 | $1,864,250 |
| Other liabilities | $341,667 |
| Total liabilities | $2,429,527 |
| Net assets without donor restrictions | $836,654 |
| Net assets with donor restrictions | $37,500 |
| 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 | $3,303,681 |