COMMUNITY EMPOWERMENT FUND

EIN: 270428981 501(c)(3) Community Improvement

CHAPEL HILL, NC

Total Revenue
$1,907,132
Total Expenses
$1,677,300
Total Assets
$2,446,988
Net Assets
$2,060,143
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
CAROLYN FRYBERGER
Phone
9192000233
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY EMPOWERMENT FUND, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 12% surplus.

Mission

TO CULTIVATE OPPORTUNITIES, ASSETS, AND COMMUNITIES THAT SUPPORT THE ALLEVIATION OF HOMELESSNESS AND POVERTY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,861,769
Program Service Revenue $0
Investment Income $26,303
Other Revenue $19,060
TOTAL REVENUE $1,907,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $738,448
Fundraising Expenses $51,891
Program Expenses $1,478,563
Other Expenses $938,852
TOTAL EXPENSES $1,677,300

Year-over-Year Comparison

2023 2022 Change
Revenue $1,907,132 $1,553,814 +0.2%
Expenses $1,677,300 $874,467 +0.9%
Net Income $229,832 $679,347 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
45
Volunteers
162

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
6
$80,227
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA CARRINGTON EXECUTIVE DI 40.00
Officer
$80,227 $0 $80,227
LEANGELA BAKER DIRECTOR 1.00
Director
$0 $0 $0
KATIE BARNETT DIRECTOR 1.00
Director
$0 $0 $0
LATOYIA BORIA CO-CHAIR 1.00
Officer Director
$0 $0 $0
JOANNA BOWEN DIRECTOR 1.00
Director
$0 $0 $0
TESSA DELGO SECRETARY (7 1.00
Officer Director
$0 $0 $0
KAREN ELDRIDGE CO-CHAIR 1.00
Officer Director
$0 $0 $0
CAROLYN FRYBERGER TREASURER 1.00
Officer Director
$0 $0 $0
CHRIS JARRETT DIRECTOR 1.00
Director
$0 $0 $0
JESSIE MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
RYAN REGAN DIRECTOR 1.00
Director
$0 $0 $0
ANANYA TADIKONDA SECRETARY (7 1.00
Officer Director
$0 $0 $0
CARL WELCH DIRECTOR 1.00
Director
$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 No data No data No data No data
2023 $1,907,132 $1,677,300 $2,446,988 $229,832
2022 $1,553,814 $874,467 $2,439,677 $679,347
2021 $1,176,233 $824,306 $1,301,255 $351,927
2020 $1,099,843 $923,933 $1,014,545 $175,910
2019 $768,944 $712,686 $732,693 $56,258
2018 $671,768 $517,161 $678,496 $154,607
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare COMMUNITY EMPOWERMENT FUND with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.