Historic West End Partners Inc
Nonprofit profile at a glance
- EIN
- 271880057
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017, Form 990-N 2018
- Location
- Charlotte, NC, USA
- Phone
- 9802051768
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $1,532,479
- Expenses
- $648,845
- Assets
- $2,676,993
- Liabilities
- $1,394,204
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- GENE FLAVORS (PRESIDENT)
- SHANNON HUGHES (VICE PRESIDENT/TREASURER)
- J'TANYA ADAMS (EXECUTIVE DIRECTOR)
Highest reported compensation
- J'TANYA ADAMS (EXECUTIVE DIRECTOR): $123,037 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advocate for cultural preservation and economic development stimulation in the historic west end.
What it reported doing in 2024
To educate and inform the public about, and celebrate, promote and honor, the cultural and historical heritage of the community known as the historic west end, which spans the area in, and immediately adjacent to, a corridor in charlotte, North Carolina, bounded by west trade street, beatties ford road and mount holly - huntersville road (the "historic west end community"); to develop social, cultural and educational programs and facilities within the historic west end community in furtherance of the above purposes; to preserve, support and demonstrate the continuing influence of the historic west end community's history and cultural heritage; to act as a liaison between the historic west end community and individuals, institutions, industries, business establishments and governmental bodies interested in assisting and participating in the purposes of the corporation and in promoting the general welfare, environmental sensitivity, preservation and continued progress of the historic west end community; to lessen the burdens of government by encouraging and assisting in stimulation of the economic health and development of the historic west end community.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 94
- Accountability: 79
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.6%; rating input score 31
- Program expense ratio: 71.7%; rating input score 72
- Fundraising efficiency: $51.19 raised per $1 spent on fundraising; rating input score 78; 78th 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: 100%; rating input score 100; 76th percentile among comparable filings
- 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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 57.7%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 4.13; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 19%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 21.2% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 29.8% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 39% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 30.6% of revenue deployed · 71.7% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $465K in reported program spending
- Leadership: top reported pay $123K · 8 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 31/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 16/100.