Community Building Initiative
Community Building Initiative reports strong revenue growth and a significant surplus in its latest fiscal year.
EIN: 202892726 · Charlotte, NC · NTEE: S20 · Updated: 2026-03-28
Is Community Building Initiative Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Building Initiative directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Building Initiative
Community Building Initiative (EIN: 202892726) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S20. The organization reported total revenue of $1.0M and total assets of $644K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Building Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Building Initiative is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $873K |
| Surplus / Deficit | +$159K |
| Total Assets | $644K |
| Total Liabilities | $85K |
| Net Assets | $559K |
| Operating Margin | 15.4% |
| Debt-to-Asset Ratio | 13.1% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2024, Community Building Initiative reported a surplus of $159K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Community Building Initiative's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +62.5% | +9.1% | +36.3% |
| 2023 | -28.1% | +9.4% | -22.3% |
| 2022 | +20.1% | +11.2% | +7.2% |
| 2021 | +22.9% | -10.5% | +23.7% |
| 2020 | -15.8% | +13.8% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Building Initiative with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Community Building Initiative allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $159K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.1%.
Executive Compensation Analysis
Community Building Initiative consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or compensation levels that fall below IRS reporting thresholds for officers, which can contribute to lower overhead costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Building Initiative's IRS 990 filings:
- Fluctuating annual net income, with deficits in some years (e.g., 202306, 202006, 201606) indicating inconsistent operational surpluses.
Strengths
The following positive indicators were identified for Community Building Initiative:
- Strong revenue growth, reaching over $1 million in the latest fiscal year (202406).
- Consistent growth in net assets over the past decade, from $302,673 in 201506 to $643,969 in 202406.
- Healthy asset-to-liability ratio, indicating strong financial solvency.
- Absence of reported officer compensation, potentially leading to lower administrative costs.
- Long history of IRS 990 filings (14 filings), demonstrating consistent transparency.
Frequently Asked Questions about Community Building Initiative
Is Community Building Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Building Initiative (EIN: 202892726) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Community Building Initiative spend its money?
Community Building Initiative directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Building Initiative tax-deductible?
Community Building Initiative is registered as a tax-exempt nonprofit (EIN: 202892726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Building Initiative financially stable?
Yes, the organization appears financially stable, especially with its latest filing (202406) showing revenue of $1,032,499 exceeding expenses of $873,075, resulting in a surplus. Assets have also grown consistently over time.
How has Community Building Initiative's revenue trended?
Revenue has shown an upward trend over the past decade, with some fluctuations. It reached its highest reported level of $1,032,499 in the 202406 period, significantly up from $513,599 in 201506.
What is the organization's asset-to-liability ratio?
In the latest period (202406), Community Building Initiative has assets of $643,969 and liabilities of $84,585, resulting in a healthy asset-to-liability ratio of approximately 7.6:1, indicating strong financial solvency.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that either the executive leadership is entirely volunteer-based, or any compensation provided to officers falls below the IRS reporting thresholds for individual compensation on Form 990, Part VII.
Filing History
IRS 990 filing history for Community Building Initiative showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Community Building Initiative's revenue has grown by 473.5%, moving from $180K to $1.0M. Total assets increased by 65.4% over the same period, from $389K to $644K. Total functional expenses rose by 258.5%, from $244K to $873K. In its most recent filing year (2024), Community Building Initiative reported a surplus of $159K, with revenue exceeding expenses. The organization holds $85K in liabilities against $644K in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $559K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $873K | $644K | $85K | — | View 990 |
| 2023 | $636K | $800K | $472K | $73K | — | View 990 |
| 2022 | $884K | $731K | $608K | $45K | — | View 990 |
| 2021 | $736K | $657K | $567K | $157K | — | View 990 |
| 2020 | $599K | $734K | $458K | $127K | — | View 990 |
| 2019 | $711K | $646K | $489K | $23K | — | View 990 |
| 2018 | $688K | $580K | $420K | $18K | — | — |
| 2017 | $583K | $563K | $348K | $55K | — | View 990 |
| 2016 | $494K | $508K | $290K | $17K | — | View 990 |
| 2015 | $514K | $489K | $303K | $15K | — | View 990 |
| 2014 | $515K | $485K | $280K | $17K | — | View 990 |
| 2013 | $407K | $494K | $242K | $10K | — | View 990 |
| 2012 | $410K | $462K | $340K | $21K | — | View 990 |
| 2011 | $180K | $244K | $389K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $873K, and assets of $644K (revenue +62.5% year-over-year).
- 2023: Revenue of $636K, expenses of $800K, and assets of $472K (revenue -28.1% year-over-year).
- 2022: Revenue of $884K, expenses of $731K, and assets of $608K (revenue +20.1% year-over-year).
- 2021: Revenue of $736K, expenses of $657K, and assets of $567K (revenue +22.9% year-over-year).
- 2020: Revenue of $599K, expenses of $734K, and assets of $458K (revenue -15.8% year-over-year).
- 2019: Revenue of $711K, expenses of $646K, and assets of $489K (revenue +3.3% year-over-year).
- 2018: Revenue of $688K, expenses of $580K, and assets of $420K (revenue +18.1% year-over-year).
- 2017: Revenue of $583K, expenses of $563K, and assets of $348K (revenue +18.1% year-over-year).
- 2016: Revenue of $494K, expenses of $508K, and assets of $290K (revenue -3.9% year-over-year).
- 2015: Revenue of $514K, expenses of $489K, and assets of $303K (revenue -0.3% year-over-year).
- 2014: Revenue of $515K, expenses of $485K, and assets of $280K (revenue +26.5% year-over-year).
- 2013: Revenue of $407K, expenses of $494K, and assets of $242K (revenue -0.7% year-over-year).
- 2012: Revenue of $410K, expenses of $462K, and assets of $340K (revenue +127.9% year-over-year).
- 2011: Revenue of $180K, expenses of $244K, and assets of $389K.
Data Sources and Methodology
This transparency report for Community Building Initiative is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.