Elizabeth City Foundation Committee
Overview
Mission
Research Elizabeth City Foundation Committee’s Key Signals, filed financials, transparency, and leadership and compensation for nonprofit due diligence.
What it reported funding in 2024
The foundation reported 26 grants totaling $210,133. The stated grant purposes included educational, general purpose, and general purposes.
Operating model
- Revenue model
- Investment-supported. 64% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 89% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
Nonprofit profile at a glance
- EIN
- 237076018
- IRS 990-PF coverage
- 2017–2024
- Forms available
- Form 990-PF 2024
- Headquarters
- Raleigh, NC, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Standard
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 79
- Transparency: 100
- Compliance: 94
- Endowment Health: 44
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 67th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 79.2%; rating input score 79; 43rd percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 16.54; rating input score 44; 44th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 44th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 annual filings from 2017 to 2024
- Money network: 26 filed money-flow records