The Beloved Community Center of Greensboro Inc

EIN: 561877250 501(c)(3) Recreation & Sports

Greensboro, NC

Total Revenue
$1,023,146
Total Expenses
$994,546
Total Assets
$854,176
Net Assets
$827,963
🔒

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
1994
Legal Domicile
NC
Principal Officer
Deborah Underwood
Phone
3362300001
Tax Period
2024-01-01 to 2024-12-31

The Beloved Community Center of Greensboro Inc, founded in 1994, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

Its mission is to forge and continually expand a quality of leadership & to to guide Greensboro, the state of North Carolina and beyond into a new era of economic sufficiency peace social & racial justice that can serve as a model and inspiration for us our state & our nation

Program Service Accomplishments

Program 1
Expenses: $627,664

1. Created and facilitated an on going community awareness dialogue for the improvement of social-economic conditions and opportunities particularly within the poor and African American populations...

Read more

1. Created and facilitated an on going community awareness dialogue for the improvement of social-economic conditions and opportunities particularly within the poor and African American populations. 2. Provided meeting space to community based groups working to improve the social-economic conditions and provide self-improvement skills to the poor.

Program 2
Expenses: $169,326 Revenue: $55,394

The Long March for Unity & Justice was a strategic initiative designed to connect the Beloved Community Centers efforts to establish a statewide North Carolina Truth, Justice, and Reconciliation...

Read more

The Long March for Unity & Justice was a strategic initiative designed to connect the Beloved Community Centers efforts to establish a statewide North Carolina Truth, Justice, and Reconciliation Commission (NC-TJRC) with its broader work in civic engagement. The initiative aimed to bring together social justice and civic organizations across the state to strengthen both individual and collective power among local residentsempowering them to participate more effectively in civic life and advocate for the issues that matter most to their communities.

Program 3
Expenses: $36,192

NC-TJRC Summit concretizes BCCs role as a seasoned and trusted leader among leaders and other industry professionalsproviding skill building and capacity enhancement for the local and statewide...

Read more

NC-TJRC Summit concretizes BCCs role as a seasoned and trusted leader among leaders and other industry professionalsproviding skill building and capacity enhancement for the local and statewide network of social movement, community organizing, and justice seeking entities. BCCs Summits also focus on offering guidance and support to the sectors leadership, particularly as it relates to the importance and broad utility of community organizing and movement building as a necessity for transformative change.

🔒

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 $1,003,560
Program Service Revenue $19,461
Investment Income $125
Other Revenue $0
TOTAL REVENUE $1,023,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $620,574
Fundraising Expenses $0
Program Expenses $833,182
Other Expenses $373,972
TOTAL EXPENSES $994,546

Year-over-Year Comparison

2024 2023 Change
Revenue $1,023,146 $752,483 +0.4%
Expenses $994,546 $918,358 +0.1%
Net Income $28,600 $-165,875 -1.2%
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
17
Independent Members
17
Employees
15
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
6
$241,667
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brigette E Rasberry Executive Director 60.00
Officer
$121,667 $0 $121,667
Nelson Johnson Co Executive Director 0.00
Officer
$62,500 $0 $62,500
Joyce H Johnson CO Executive Director 0.00
Officer
$57,500 $0 $57,500
Patricia Priest President 0.00
Officer Director
$0 $0 $0
Deborah Underwood Treasurer and Secretary 0.00
Officer Director
$0 $0 $0
Dale Tonkins Vice President 0.00
Officer Director
$0 $0 $0
Dayna Cunningham Director 0.00
Director
$0 $0 $0
Carolyn Allen Director 0.00
Director
$0 $0 $0
Hollyce Giles Director 0.00
Director
$0 $0 $0
Steve Sumerford Director 0.00
Director
$0 $0 $0
Juanita Brown Director 0.00
Director
$0 $0 $0
Cherrell Brown Director 0.00
Director
$0 $0 $0
Jennifer Henderson Director 0.00
Director
$0 $0 $0
Sylvia Clapp-White Director 0.00
Director
$0 $0 $0
Vanessa Kirsch Director 0.00
Director
$0 $0 $0
Rev Steve Allen Director 0.00
Director
$0 $0 $0
Keith Bullard Director 0.00
Director
$0 $0 $0
Alaine Duncan Director 0.00
Director
$0 $0 $0
Haydyn Foulke Director 0.00
Director
$0 $0 $0
Jason Keith Director 0.00
Director
$0 $0 $0
Darryl Lester Director 0.00
Director
$0 $0 $0
Tinisha Shaw Director 0.00
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 $1,023,146 $994,546 $854,176 $28,600
2023 $752,483 $918,358 $820,933 $-165,875
2022 $1,247,744 $749,677 $992,234 $498,067
2021 $563,505 $329,331 $496,232 $234,174
2020 $485,262 $318,796 $299,908 $166,466
2019 $185,111 $309,349 $119,141 $-124,238
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Beloved Community Center of Greensboro Inc with other nonprofits in North Carolina and across the country.