Community First Land Trust
Overview
Mission
This nonprofit creates permanent affordable housing in north charleston sc and helps marginalized communities build generational wealth
What it reported doing in 2025
Built several homes to sale on the market at affordable sales prices rather than market value; provided three families with affordable housing.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 813879587
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-N 2021
- Headquarters
- North Charleston, SC, USA
- Phone
- 8438043961
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 81
- Accountability: 37
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.6%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 15.6%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 79% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 43.9% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 50.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 95.4% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $655K in reported program spending
- Leadership: top reported pay $72K · 11 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 annual filings from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
11 people listed
Highest reported compensation
- Henrietta Woodward (DIRECTOR): $72,000 total reported compensation
- PATRICIA GRANT (STAFF MEMBER): $30,000 total reported compensation
Source: IRS Form 990. Selected filing: FY2025.