NourishNC Inc

Nonprofit profile at a glance

EIN
271439138
IRS 990 coverage
2013–2025
Forms available
Form 990 2025, Form 990-N 2010
Location
Wilmington, NC, USA
Phone
9104650995
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Programs

Official website

Reported finances

Revenue
$2,777,950
Expenses
$2,430,897
Assets
$4,904,021
Liabilities
$82,696

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Steve McCrossan (Executive Director)

Highest reported compensation

  • Steve McCrossan (Executive Director): $131,572 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

NourishNC, Inc. mobilizes volunteers and resources to provide supplemental food assistance to the 1 in 5 children in New Hanover County who struggle with hunger. NourishNC, Inc.'s goal is to enhance children's health and well-being by preventing the devastating consequences of food insecurity. NourishNC, Inc.'s programming supports their vision to be anywhere and everywhere food insecure children need them.

What it reported doing in 2025

NourishNC, Inc. has four strategic programs that ensure hungry childen and their families have access to nutritious food anywhere and everyone they need it: (1) The Backpack Program provides food insecure children, pre-K through 5th grade, with three nutritious meals a day, every weekend, and over every school break. (2) The Market on Market (MoM) is a full-service grocery store where food insecure children, birth through 12th grade, and their families can shop to choose the food that is best for them. (3) The Mobile Market on Market (Mobile MoM) is a custom-built market that revolutionizes nourishment for food-insecure children and their families by providing groceries right where they live, learn, and play. (4) The Food Farmacy Program provides non-perishable and fresh food items through partner organizations such as schools, pediatrician offices, and other nonprofits.

Operating model

Revenue model
Donor-supported. 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.3%; rating input score 77
  • Program expense ratio: 88.1%; rating input score 88
  • Fundraising efficiency: $21.42 raised per $1 spent on fundraising; rating input score 61; 61st 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: Limited
  • 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: 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: 12.5%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 2.02; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 15.3% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 15.7% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 22.9% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 77.3% of revenue deployed · 88.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $132K · 14 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 filing years from 2013 to 2025
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.