Ncf Carolinas Inc

Nonprofit profile at a glance

EIN
821961443
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
Charlotte, NC, USA
Phone
7047162900
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Official website

Reported finances

Revenue
$1,517,700
Expenses
$1,535,349
Assets
$1,188,278
Liabilities
$10,792

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

Leadership & pay

11 people listed

Executive titles in this filing

  • BRANDON DAVIS (PRESIDENT)

Highest reported compensation

  • BRANDON DAVIS (PRESIDENT): $224,637 total reported compensation
  • JASON MINK (DIRECTOR OF OUTREACH): $192,726 total reported compensation
  • RICHARD NEWTON (REGIONAL DIRECTOR, TREASURER/SECRETARY): $154,229 total reported compensation

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

Overview

Mission

Our mission is to mobilize resources by inspiring biblical generosity and creating charitable giving strategies among individuals, families, businesses, advisors, ministries and non-profits.

What it reported doing in 2024

Our mission is accomplished by mobilizing cash and non-cash resources and inspiring biblical generosity to accomplish our vision of every person reached and restored through the love of christ. Ncf carolinas, inc. Is one of a nationwide network of local christian foundations that are affiliated with the national christian foundation (ncf) in alpharetta, ga. Since 1982, the network has received over $26 billion in contributions and has granted over $21 billion to over 90,000 ministries and non-profits worldwide. Ncf offers innovative, flexible giving strategies and solutions to help: individuals and families make a greater impact with their charitable giving using cash and non-cash assets entrusted to them; churches, ministries and other non-profits offer their donors creative ways of giving, which can lead to significant new funding for their organizations and others; and professional advisors present charitable giving expertise to their clients, which allows them to serve their clients more fully and to build stronger relationships. In 2024, the families we serve at ncf carolinas made charitable gifts to ncf totaling over $175 million and requested grants through ncf to local, national and global ministries and charities totaling over $144 million.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 94% 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 - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 66
  • Accountability: 100
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.4%; rating input score 76
  • Program expense ratio: 77.9%; rating input score 78
  • Fundraising efficiency: $1.6 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 86.2%; rating input score 86; 36th 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: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 37.2%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: -2.6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: 76.4% of revenue deployed · 77.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $225K · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.