Cooperating Raleigh Colleges
Nonprofit profile at a glance
- EIN
- 237158371
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Raleigh, NC, USA
- Phone
- 9197608538
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
Reported finances
- Revenue
- $111,745
- Expenses
- $100,499
- Assets
- $491,530
- Liabilities
- $7,585
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MAURA DICOLLA (EXECUTIVE DIRECTOR/SECRETARY)
- WARWICK ARDEN (PRESIDENT)
- SCOTT RALLS (VICE PRESIDENT)
People named in this filing
- MAURA DICOLLA (EXECUTIVE DIRECTOR/SECRETARY)
- WARWICK ARDEN (PRESIDENT)
- SCOTT RALLS (VICE PRESIDENT)
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
Build on the strengths and opportunities derived from sharing the same community. Build on the uniqueness and power of our combination of institutions. Communicate the combined value of the member institutions to the community and positively connect the campuses and the community. Stimulate problem-solving for shared challenges on and off the campuses. Function as a clearinghouse for information and resource sharing and a convening for shared interests. Work on behalf of students, faculty or staff members in two or more institutions with an emphasis on projects with specific goals and outcomes.
What it reported doing in 2024
Professional development workshops and collaborations for personnel and students of member institutions. Cross-registration opportunities for students, inter-library loans, connecting key departments across all member institutions for discussions around shared resources and ideas.
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
MIXED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.8%; rating input score 6
- Program expense ratio: 6.4%; rating input score 6
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.1%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 4.89; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 54.7%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -25.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 5.8% of revenue deployed · 6.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.