Racial Justice Coalition of Asheville Inc

Overview

Mission

The Racial Justice Coalition includes representatives of organizations in Asheville-Buncombe County with racial justice in our missions. We come together in commitment to racial equity and to advocate for the rights of people of color.

What it reported doing in 2024

The RJC has also sought to educate the community about what the Reparations movement entails. In the relevant fiscal year, RJC staff conducted regular Lunch and Learn sessions at which attendees were provided with lunch and a lecture and discussion about one of the five Impact Focus Areas identified by the Reparations Commission (Housing, Education, Economic Development, Criminal Justice, and Health and Wellness). The sessions were very well attended, with experts in each area addressing the attendees and taking their questions. In addition, the staff conducted Barbershop Sessions, in which staff held informational sessions at various Black- owned barbershops and beauty parlors around the city.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 44% for direct work, and 56% for grants.

Nonprofit profile at a glance

EIN
882233142
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Headquarters
Asheville, NC, USA
Phone
8285770403
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 13
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.5%; rating input score 89
  • Fundraising efficiency: $15.35 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -262.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 137.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -117% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -168.6% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.5% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $899K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 2 annual filings from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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

3 people listed

Source: IRS Form 990. Selected filing: FY2024.