Smithville Community Coalition Inc

Nonprofit profile at a glance

EIN
461055584
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Cornelius, NC, USA
Phone
7043862020
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Coalitions

Reported finances

Revenue
$899,196
Expenses
$697,097
Assets
$1,878,606
Liabilities
$222,597

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

Leadership & pay

12 people listed

Highest reported compensation

  • NATALIE ALISA MAYHEW-JONES (EXECUTIVE DI): $95,450 total reported compensation
  • WILLIE JONES (EXEC DIR, (D): $27,477 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 smithville community coalition remains dedicated to sustaining a strong, vibrant, and connected neighborhood through impactful initiatives that address immediate needs and lay the groundwork for a brighter future. With the support of generous grants, community partnerships, and advocacy, we have made significant strides in improving quality of life and advancing our long-term revitalization plan. Each of these initiatives reflects the smithville community coalition's deep commitment to revitalizing our community and fostering a thriving, supportive environment for all residents. Together, we are building a resilient and promising future for smithville.

What it reported doing in 2024

Revitalization: in 2024, as part of our revitalization plan, we acquired 3 additional properties (bringing the total to 11) to expand housing options, including new homes and townhomes, which will serve as critical additions to our neighborhood's future. New homeowner's cohort: in support of our vision for long-term neighborhood stability, this program was continued again this year, and guided 12 residents toward future homeownership in the community. This program, funded by two grants totaling 12,000, fostered a sense of belonging and investment among residents, strengthening the fabric of smithville.

Operating model

Revenue model
Grant-funded. 81% of the money available for current operations came from government grants.
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

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 90
  • Accountability: 78
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.1%; rating input score 47
  • Program expense ratio: 60.8%; rating input score 61
  • Fundraising efficiency: $12.02 raised per $1 spent on fundraising; rating input score 44; 44th 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.5%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.69; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 17.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 42.3% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 44.7% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 49.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 47.1% of revenue deployed · 60.8% of spending went to programs
  • Governance: 9 of 10 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $424K in reported program spending
  • Leadership: top reported pay $95K · 12 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.