NorthEast Community Development Corporat
Nonprofit profile at a glance
- EIN
- 365096936
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wilmington, DE, USA
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $174,857
- Expenses
- $46,378
- Assets
- $132,628
- Liabilities
- $4,149
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Dubard McGriff (Executive Dir.)
- Drew Fennell (Chairman)
- Charles Madden (Treasurer)
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
The Northeast Community Development Corporation (NECDC) fosters holistic community development in Northeast Wilmington by addressing vital issues such as substance addiction, economic instability, housing insecurity, and overall well-being.
What it reported doing in 2024
Reduce substance addiction rates and enhanced economic stability through a multifaceted approach. Additionally, improved community health and well being and revitalized neighborhoods and public spaces to create vibrant, livable Communities
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 100
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.2%; rating input score 17
- Program expense ratio: 64.7%; rating input score 65
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: 73.5%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 2.86; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 28.6%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 17.2% of revenue deployed · 64.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.