Carolinas' WE Foundation
Nonprofit profile at a glance
- EIN
- 264506147
- IRS 990-EZ coverage
- 2011–2015
- Forms available
- Form 990-EZ 2015
- Location
- Wake Forest, NC, USA
- Phone
- 9196120891
- Rating confidence
- Limited
- Sector
- Public Foundations
Reported finances
- Expenses
- $799
- Assets
- $1,629
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Thomas Allen (Board Chairman)
- Greg Todd (Board Member)
- Bill Cramer (Board Member)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Carolinas WE Foundation was formed to help fund research efforts and heighten public awareness for those with Friedreich's Ataxia. Fundraising events are conducted in the many communities throughout the Carolinas. We have partnered with the Friedreich's Ataxia Research Alliance and the Muscular Dystrophy Association to make contributions to the experts and scientists in the field who are striving to better the lives of those afflicted with Friedreich's Ataxia.
What it reported doing in 2015
No events occurred during 2015
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 2.04; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -40% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: 120% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: -42% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2015
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.