Gfwc of North Carolina Inc

Nonprofit profile at a glance

EIN
560466492
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Raleigh, NC, USA
Phone
9197908684
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Women's Service Clubs

Official website

Reported finances

Revenue
$285,627
Expenses
$269,960
Assets
$1,692,245
Liabilities
$36,932

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KAREN THROCKMORTON (PRESIDENT)
  • CINDY HEWETT (PRESIDENT-ELECT)
  • ASHLEY RAIN (1ST VICE PRESIDENT)
  • HELEN RICHIE (2ND VICE PRESIDENT)
  • REBECCA DUFFY (3RD VICE PRESIDENT/DIR. OF JR. CLUBS)
  • JILL DEDENE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JILL DEDENE (EXECUTIVE DIRECTOR): $35,206 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The gfwc of North Carolina is a member of the general federation of women's clubs and its purpose is to unite member clubs into a statewide charitable organization of volunteers for the promotion of education, community service, fellowship, and leadership development.

What it reported doing in 2024

Scholarships: sallie southall cotten is a four year annual scholarship given to an academic and well-rounded student. Competition is based on the nine district winners which are all interviewed and judged annually in the spring. The gfwc-nc greeson-johnson teaching scholarship is a $2,000 scholarship awarded annually at appalachian state university to a junior or senior student from North Carolina who is enrolled in the teacher education program within the reich college of education.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, 10% for grants, and 16% for affiliated organizations.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.1%; rating input score 92
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $18.55 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.5%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 6.27; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: -3.5% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 92.1% of revenue deployed · 79.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $215K in reported program spending
  • Leadership: top reported pay $35K · 12 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 14 filing years from 2011 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.