West Boulevard Neighborhood Coalition

EIN: 300401238 501(c)(3) Housing & Shelter

Charlotte, NC

Total Revenue
$399,223
Total Expenses
$299,982
Total Assets
$527,017
Net Assets
$443,310
🔒

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
2007
Legal Domicile
NC
Principal Officer
Rickey Hall
Phone
8042185618
Tax Period
2023-01-01 to 2023-12-31

West Boulevard Neighborhood Coalition, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $399K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 25% operating margin.

Mission

To drive community-led strategies promoting economic and community development for residents and businesses along the West Blvd corridor.

Program Service Accomplishments

Program 1
Expenses: $135,975 Revenue: $1,852

Seeds for change programThe Seeds 4 Change program is a program designed to enrich the lives of youth through learning farming techniques, and entrepreneurship. We had a successful summer program...

Read more

Seeds for change programThe Seeds 4 Change program is a program designed to enrich the lives of youth through learning farming techniques, and entrepreneurship. We had a successful summer program that continued our focus on nutrition and addressing the needs of the people that we serve. We operate a farmers market with this program as well which offers healthy options and a much underserved community.- We have a robust public private partnership with various institutions in the Charlotte area which help to ensure the vitality of the organization for the short and long term- We have maintained an active board of directors at assist with the planning and programming- We have successfully completed the summer program for 2024 and previous year 2023

Program 2
Expenses: $99,054

The Three Sisters Market will be located on West Boulevard, a major thoroughfare connecting downtown Charlotte to the Charlotte-Douglas airport, with approximately 10,000 cars passing the site daily...

Read more

The Three Sisters Market will be located on West Boulevard, a major thoroughfare connecting downtown Charlotte to the Charlotte-Douglas airport, with approximately 10,000 cars passing the site daily. The 3.544 acre property, owned by Inlivian (the local housing authority), has been secured through a 99-year lease at $1/year with the West Boulevard Neighborhood Coalition. Situated in zip code 28025, which is identified as a Public Health Priority Area by Mecklenburg County Public Health, the site lies at the heart of the 19 neighborhoods that make up the West Boulevard Corridor. The YMCA and other recreation facilities, two senior facilities, an elementary school, and several childcare facilities are all within a half mile, all of which are connected to the site by sidewalks, ensuring accessibility for diverse community members. The central location of the Three Sisters Market positions it for being a literal hub for community well-being.- We have an operating Board of Directors- We currently are managing and fundraising the necessary funds needed to accomplish our short/term and long term goals- We have a strategic plan in place and are currently working with a development team to make this project shovel ready

Program 3
Expenses: $17,309

WBNC merchant associationThe merchant association is a strong initiative that is designed to increase a collective economic power up the corridor and strengthen entrepreneurship- a working board has...

Read more

WBNC merchant associationThe merchant association is a strong initiative that is designed to increase a collective economic power up the corridor and strengthen entrepreneurship- a working board has been constituted with a board chair- active initiatives are in place to ensure the vitality of the organization-membership has exponentially increased

🔒

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 $395,435
Program Service Revenue $1,852
Investment Income $0
Other Revenue $1,936
TOTAL REVENUE $399,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,651
Fundraising Expenses $25,104
Program Expenses $252,338
Other Expenses $180,331
TOTAL EXPENSES $299,982

Year-over-Year Comparison

2023 2022 Change
Revenue $399,223 $260,825 +0.5%
Expenses $299,982 $225,898 +0.3%
Net Income $99,241 $34,927 +1.8%
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
8
Independent Members
8
Employees
2
Volunteers
N/A

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
5
$88,950
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sharika Comfort Executive Dir. 40.00
Officer
$88,950 $0 $88,950
Rickey Hall Chair 25.00
Officer Director
$0 $0 $0
Brenda Campbell Vice Chair 2.00
Officer Director
$0 $0 $0
Lawrence Taylor Treasurer 2.00
Officer Director
$0 $0 $0
Elliott Royal Secretary 2.00
Officer Director
$0 $0 $0
Guy Cousins Director 2.00
Director
$0 $0 $0
Beverly Clark Director 2.00
Director
$0 $0 $0
Nikki Thomas Director 2.00
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 $399,223 $299,982 $527,017 $99,241
2022 $260,825 $225,898 $227,183 $34,927
2020 $248,216 $195,016 $139,863 $53,200
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare West Boulevard Neighborhood Coalition with other nonprofits in North Carolina and across the country.