West Boulevard Neighborhood Coalition

Nonprofit profile at a glance

EIN
300401238
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2021, Form 990-N 2013
Location
Charlotte, NC, USA
Phone
8042185618
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Reported finances

Revenue
$1,428,755
Expenses
$504,460
Assets
$1,392,581
Liabilities
$24,976

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

Leadership & pay

10 people listed

Highest reported compensation

  • Elliott Royal (Executive Dir.): $39,121 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 drive community-led strategies promoting economic and community development for residents and businesses along the West Blvd corridor.

What it reported doing in 2024

Seeds for change programSeeds for Change is a program designed to enrich the lives of youth through learned farming techniques, and entrepreneurship.For calendar year 2024, we completed our summer program with a continued focus on nutrition and addressing the needs of the people that we serve. We also operate a farmers' market with this program, which offers access to fresh, healthy food to an underserved community. We have a robust public-private partnership with a plethora of institutions in the Metrolina region that help to ensure the vitality of our organization for the short and long term(s). We have maintained an active board of directors that assist with planning & programming. We are currently hosting the summer program for 2025, followed by the years 2023 & 2024, respectively.

Operating model

Revenue model
Donor-supported. 89% 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.

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: 53
  • Transparency & Controls: 92
  • Accountability: 89
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.6%; rating input score 30
  • Program expense ratio: 83.9%; rating input score 84
  • Fundraising efficiency: $36.01 raised per $1 spent on fundraising; rating input score 72; 72nd 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: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 64.7%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 2.76; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 7.8%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 20.3% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 36.6% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 42.4% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 29.6% of revenue deployed · 83.9% of spending went to programs
  • Governance: 9 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $423K in reported program spending
  • Leadership: top reported pay $39K · 10 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.