Entrepreneurs Organization Inc D/b/a Eo Charlotte
Nonprofit profile at a glance
- EIN
- 202777052
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Charlotte, NC, USA
- Phone
- 7045829367
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $586,017
- Expenses
- $650,207
- Assets
- $821,106
- Liabilities
- $761,085
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- BRYAN DELANEY (PRESIDENT)
- TIM BAIER (PRESIDENT EL)
People named in this filing
- BRYAN DELANEY (PRESIDENT)
- TIM BAIER (PRESIDENT EL)
- ERIC FLANIGAN (MEMBERSHIP C)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To engage leading charlotte entrepreneurs to learn and grow through dynamic peer-to-peer learning, once-in-a-lifetime experiences and connections to experts.
What it reported doing in 2024
The charlotte chapter of eo and eoa enriches members' lives through dynamic peer-to-peer learning and once-in-a-lifetime experiences
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.6%; rating input score 92
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $85.87 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 10.8% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 19.4% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 91.6% of revenue deployed · 82.6% of spending went to programs
- Governance: 13 of 13 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $537K in reported program spending
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Operating margin scored 16/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.