Northwest North Carolina Community Foundation
Northwest North Carolina Community Foundation shows consistent asset growth and no reported officer compensation.
EIN: 203536704 · Winston Salem, NC · NTEE: T20 · Updated: 2026-03-28
Is Northwest North Carolina Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northwest North Carolina Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northwest North Carolina Community Foundation
Northwest North Carolina Community Foundation (EIN: 203536704) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code T20. The organization reported total revenue of $11.0M and total assets of $87.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest North Carolina Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest North Carolina Community Foundation is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $75.7M |
| Total Liabilities | $78K |
| Net Assets | $75.6M |
| Operating Margin | 40.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 251.8 months |
Financial Health Grade: A
In 2023, Northwest North Carolina Community Foundation reported a surplus of $2.5M with revenue exceeding expenses, holds 251.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northwest North Carolina Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +1.2% | +13.9% |
| 2022 | +112.9% | +6.8% | -9.3% |
| 2021 | +18.4% | -31.4% | +12.8% |
| 2020 | -67.5% | +86.1% | +8.1% |
| 2019 | +75.1% | -36.4% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Northwest North Carolina Community Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Northwest North Carolina Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with assets reaching $87.9 million. This suggests that executive leadership may be entirely volunteer-based or compensated through an affiliated entity, which would require deeper scrutiny for complete transparency regarding leadership 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 Northwest North Carolina Community Foundation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
- Significant fluctuations in annual revenue, indicating potential reliance on variable funding sources or market performance.
Strengths
The following positive indicators were identified for Northwest North Carolina Community Foundation:
- Strong and consistent growth in assets, from $43.8 million in 2014 to $75.6 million in 2023, indicating robust financial health and long-term stability.
- Healthy asset-to-expense ratio, demonstrating significant capacity to cover operational costs and fulfill its mission.
- Low liabilities relative to assets, with liabilities at $78,161 in 2023 compared to assets of $75.6 million, indicating minimal financial risk.
Frequently Asked Questions about Northwest North Carolina Community Foundation
Is Northwest North Carolina Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwest North Carolina Community Foundation (EIN: 203536704) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Northwest North Carolina Community Foundation spend its money?
Northwest North Carolina Community Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northwest North Carolina Community Foundation tax-deductible?
Northwest North Carolina Community Foundation is registered as a tax-exempt nonprofit (EIN: 203536704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Northwest North Carolina Community Foundation manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 990 filings for an organization with assets exceeding $75 million is highly unusual. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key personnel is paid through a related entity or a different accounting method not captured under 'officer compensation' on the 990. Further investigation into their operational structure and related party transactions would be necessary to fully understand this.
What is the primary use of the organization's substantial assets?
As a Community Foundation (NTEE T20), the primary use of its substantial assets, which reached $75.6 million in 2023, is typically to generate investment income to fund grants and support various charitable causes within the community. These assets serve as an endowment to ensure long-term sustainability and impact.
Has the organization's revenue been stable over the past decade?
No, the organization's revenue has fluctuated significantly over the past decade. For example, revenue was $2.8 million in 2014, peaked at $6.9 million in 2019, dropped to $2.2 million in 2020, and then rose to $6.0 million in 2023. This variability is common for foundations that rely on donations and investment returns, which can be subject to market conditions and donor generosity.
Filing History
IRS 990 filing history for Northwest North Carolina Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwest North Carolina Community Foundation's revenue has declined by 31.9%, moving from $8.9M to $6.1M. Total assets increased by 208.2% over the same period, from $24.6M to $75.7M. Total functional expenses rose by 241.1%, from $1.1M to $3.6M. In its most recent filing year (2023), Northwest North Carolina Community Foundation reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $78K in liabilities against $75.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $75.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $3.6M | $75.7M | $78K | — | — |
| 2022 | $5.7M | $3.6M | $66.5M | $55K | — | View 990 |
| 2021 | $2.7M | $3.3M | $73.3M | $60K | — | View 990 |
| 2020 | $2.3M | $4.9M | $65.0M | $60K | — | View 990 |
| 2019 | $7.0M | $2.6M | $60.1M | $59K | — | View 990 |
| 2018 | $4.0M | $4.1M | $48.5M | $38K | — | View 990 |
| 2017 | $5.1M | $3.6M | $52.4M | $20K | — | View 990 |
| 2016 | $2.2M | $2.6M | $48.3M | $17K | — | View 990 |
| 2015 | $5.5M | $2.1M | $46.7M | $9K | — | View 990 |
| 2014 | $2.9M | $1.7M | $43.8M | $6K | — | View 990 |
| 2013 | $8.9M | $1.4M | $41.2M | $11K | — | View 990 |
| 2012 | $6.8M | $1.2M | $31.2M | $13K | — | View 990 |
| 2011 | $8.9M | $1.1M | $24.6M | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $3.6M, and assets of $75.7M (revenue +6.6% year-over-year).
- 2022: Revenue of $5.7M, expenses of $3.6M, and assets of $66.5M (revenue +112.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $3.3M, and assets of $73.3M (revenue +18.4% year-over-year).
- 2020: Revenue of $2.3M, expenses of $4.9M, and assets of $65.0M (revenue -67.5% year-over-year).
- 2019: Revenue of $7.0M, expenses of $2.6M, and assets of $60.1M (revenue +75.1% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.1M, and assets of $48.5M (revenue -21.9% year-over-year).
- 2017: Revenue of $5.1M, expenses of $3.6M, and assets of $52.4M (revenue +134.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.6M, and assets of $48.3M (revenue -60.8% year-over-year).
- 2015: Revenue of $5.5M, expenses of $2.1M, and assets of $46.7M (revenue +93.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.7M, and assets of $43.8M (revenue -67.9% year-over-year).
- 2013: Revenue of $8.9M, expenses of $1.4M, and assets of $41.2M (revenue +31.9% year-over-year).
- 2012: Revenue of $6.8M, expenses of $1.2M, and assets of $31.2M (revenue -24.3% year-over-year).
- 2011: Revenue of $8.9M, expenses of $1.1M, and assets of $24.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest North Carolina Community Foundation:
Data Sources and Methodology
This transparency report for Northwest North Carolina Community Foundation 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.