Feel the Vibe Inc

Nonprofit profile at a glance

EIN
883979045
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Charlotte, NC, USA
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$136,565
Expenses
$125,855
Assets
$25,159
Liabilities
$14,311

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Dave Nichols (Board Chair President Treasurer CEO and Director)

People named in this filing

  • Charlotte Anderson (Chief Technology Officer and Director)
  • Jeremy Ball (Director)
  • Peter Buck (Board Secretary and 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

Feel The Vibe provides the structures and the tools to foster meaningful human connections relieving the pain of social isolation.

What it reported doing in 2024

Feel the Vibe facilitated online support and collaboration for primary and secondary educators through My Guide Inside: Orientation for Educators which we created and released in 2023. We provided person-to-person listening services to individuals reaching out for human connection. We initiated a community awareness campaign about social isolation and its devastating effects on young adults in Mecklenburg County. With 45 Charlotteans on a welcome committee 96 community members attended the October 24 2024 Charlotteans Re-Connecting Luncheon. We created a website enabling interactive community outreach and engagement. We initiated construction of a Three Principles trained online tool that provides immediate response to individuals seeking relief by asking questions AI assisted.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 48
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.6%; rating input score 47
  • Program expense ratio: 50.5%; rating input score 51

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7.8%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 192.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 195.7% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 197.5% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 46.6% of revenue deployed · 50.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.