Community Success Initiative Inc

EIN: 161702165 501(c)(3) Human Services

Raleigh, NC

Total Revenue
$572,062
Total Expenses
$571,048
Total Assets
$508,213
Net Assets
$32,114
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NC
Phone
9196142369
Tax Period
2024-01-01 to 2024-12-31

Community Success Initiative Inc, founded in 2005, is a small nonprofit in the Human Services sector that reported $572K in total revenue in fiscal year 2024.

Mission

1. HELPING FORMERLY INCARCERATED PERSONS GET BACK ON THEIR FEET. 2. REDUCING CRIME IN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $549,373
Program Service Revenue $3,893
Investment Income $0
Other Revenue $18,796
TOTAL REVENUE $572,062

Expense Breakdown

Grants Paid $0
Salaries & Benefits $392,514
Fundraising Expenses $7,890
Program Expenses $87,804
Other Expenses $162,802
TOTAL EXPENSES $571,048

Year-over-Year Comparison

2024 2023 Change
Revenue $572,062 $569,415 +0.0%
Expenses $571,048 $566,336 +0.0%
Net Income $1,014 $3,079 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
25

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEMUEL H THORNTON Board Chairman 5.00
Director
$0 $0 $0
SHERWOOD JACKSON Director 4.00
Director
$0 $0 $0
Brenda Hall Director 4.00
Director
$0 $0 $0
DENNIS W GADDY Controller 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $572,062 $571,048 $508,213 $1,014
2023 $569,415 $566,336 $595,963 $3,079
2022 $1,333,976 $1,195,420 $412,155 $138,556
2021 $916,178 $934,038 $772,692 $-17,860
2020 $853,106 $546,204 $707,782 $306,902
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