Carolinas Alliance 4 Innovation Inc
Nonprofit profile at a glance
- EIN
- 821322521
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Simpsonville, SC, USA
- Phone
- 8648848899
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $172,789
- Expenses
- $75,075
- Assets
- $238,792
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- FRED PAYNE (BOARD CHAIR/PRESIDENT)
People named in this filing
- FRED PAYNE (BOARD CHAIR/PRESIDENT)
- ROGER PYLE (TREASURER)
- NITA WERNER (EXEC DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1 - innovative transportation & infrastructure: conduct educational workshops and seminars and serves as a public-private consortium leader, project coordinator, and transportation-mobility subject matter expert (sme) associated with greenville county.2 - provide cooperative purchasing - ca4i is the South Carolina representative on the association of educational purchasing agencies (aepa), a national purchasing cooperative. As such, ca4i is was approved to be the bridge in sc between vendors who offer quality products and services at discounted prices to benefit all schools, governmental and nonprofit agencies with both saving & buying levels.
What it reported doing in 2024
Carolina buy provides innovative cooperative purchasing to educational agencies (k-12, college & university); governmental agencies (all levels); and other nonprofits in the two carolinas. Ca4i is the South Carolina representative on the association of educational purchasing agencies (aepa), a national purchasing cooperative. As such, ca4i was approved in june 2020 to begin the bridge in sc between vendors who offer quality products and services at discounted prices to benefit nonprofit members (schools, governmental and nonprofit agencies) by saving money in purchasing, saving time in procurement processes, and reducing hassles in selections, availability of products, and costs of purchases. 2 - innovative transportation & infrastructure: conducts educational workshops and seminars and serves as a public-private consortium leader, project coordinator, and transportation-mobility subject matter expert (sme) associated with greenville county.2024 was a major transitional year as carolina buy worked with aepa to add the state of North Carolina as our authorized service area and to add new nc board member, to develop contractual, part-time employees. We helped host the april 2024 aepa meeting in greenville, sc. Our cooperative purchasing vendors maintained sales levels, but we hope 2025 can be a year when our vendors sales grow and our income reflects that growth.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 82
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.1%; rating input score 27
- Program expense ratio: 62.4%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 56.6%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 3.18; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 21.3% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 59.8% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 62.3% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 27.1% of revenue deployed · 62.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.