CONCENTRIC DEVELOPMENT INC

EIN: 451056079 501(c)(3) International Affairs

CARY, NC

Total Revenue
$492,816
Total Expenses
$467,342
Total Assets
$288,581
Net Assets
$285,323
🔒

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
2011
Legal Domicile
NC
Principal Officer
JONATHAN MITCHELL
Phone
9198016597
Tax Period
2024-01-01 to 2024-12-31

CONCENTRIC DEVELOPMENT INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $493K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $467K left a modest 5% surplus.

Mission

TO PROVIDE ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS DEDICATED TO MEETING PEOPLE'S HUMANITARIAN, RELIEF, DEVELOPMENT AND/OR SPIRITUAL NEEDS BOTH IN THE UNITED STATES AND ABROAD.

Program Service Accomplishments

Program 1
Expenses: $150,026

LED INITIATIVE TO ENCOURAGE ENTREPRENEURSHIP AND BUSINESSES AMONG DISADVANTAGED GROUPS IN ASIA.

Program 2
Expenses: $95,799

LED INITIATIVE TO ADDRESS PROBLEM OF FAILING SEPTIC SYSTEMS IN NC.

Program 3
Expenses: $77,623

EQUIP LOCAL ORGANIZATIONS IN ASIA TO REACH OUT TO THE COMMUNITIES AROUND THEM.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $485,803
Program Service Revenue $0
Investment Income $7,013
Other Revenue $0
TOTAL REVENUE $492,816

Expense Breakdown

Grants Paid $79,188
Salaries & Benefits $273,146
Fundraising Expenses $314
Program Expenses $426,167
Other Expenses $115,008
TOTAL EXPENSES $467,342

Year-over-Year Comparison

2024 2023 Change
Revenue $492,816 $381,682 +0.3%
Expenses $467,342 $414,185 +0.1%
Net Income $25,474 $-32,503 -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
6
Independent Members
5
Employees
1
Volunteers
5

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
2
$260,969
Total Directors
6
$260,969
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN MITCHELL PRESIDENT/SECRETARY 40.00
Officer Director
$211,141 $49,828 $260,969
CHARLES HAWKES TREASURER 2.00
Officer Director
$0 $0 $0
DAVID ANDREW JONES DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
LYNNE HAWKES DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER HAYNIE 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
2025 No data No data No data No data
2024 $492,816 $467,342 $288,581 $25,474
2023 $381,682 $414,185 $264,369 $-32,503
2022 $526,271 $502,198 $296,368 $24,073
2021 $436,009 $367,213 $271,378 $68,796
2020 $525,975 $526,841 $203,106 $-866
2019 $176,448 $320,938 $202,265 $-144,490
2018 $706,838 $564,075 $347,380 $142,763
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CONCENTRIC DEVELOPMENT INC 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.