RALEIGH CIVIC VENTURES INC (EIN 562095185) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

BILL KING

Phone

9198321231

Tax Period

2024-07-01 to 2025-06-30

RALEIGH CIVIC VENTURES INC, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $487K in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $437K left a modest 10% surplus.

Mission

TO UNDERTAKE SPECIAL PROJECTS THAT SUPPORT AND COMPLEMENT THE MISSION OF THE DOWNTOWN RALEIGH ALLIANCE AND TO CONTINUE REVITALIZING RALEIGH'S DOWNTOWN DISTRICT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $398,754

Program Service Revenue $88,194

Investment Income $306

Other Revenue $0

TOTAL REVENUE $487,254

Expense Breakdown

Grants Paid $135,737

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $393,849

Other Expenses $300,975

TOTAL EXPENSES $436,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$487,254	$182,465	+1.7%
Expenses	$436,712	$268,843	+0.6%
Net Income	$50,542	$-86,378	-1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$196,500

Total Directors

$196,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL KING	PRESIDENT AND CEO	20.00	Officer Director	$0	$0	$196,500
PAULETTE DILLARD	RCV BOARD CHAIR	1.00	Officer Director	$0	$0	$0
SKIP HILL	RCV BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
BO DEMPSTER	RCV BOARD LEGAL COUNSEL	1.00	Officer Director	$0	$0	$0
TIA MCLAURIN	RCV BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
DERRICK REMER	RCV BOARD TREASURER	1.00	Officer Director	$0	$0	$0
MIKE MUNN	RCV AT-LARGE MEMBER	1.00	Director	$0	$0	$0
BRITT THOMAS	RCV AT-LARGE MEMBER	1.00	Director	$0	$0	$0
EMILY WILLIAMS	RCV AT-LARGE MEMBER	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	$487,254	$436,712	$284,737	$50,542
2024	$182,465	$268,843	$203,566	$-86,378
2023	$282,195	$229,243	$320,637	$52,952
2022	$239,751	$239,442	$262,650	$309
2021	$144,613	$144,121	$219,885	$492
2020	$273,869	$255,655	$154,843	$18,214
2019	$153,140	$148,403	$155,772	$4,737

RALEIGH CIVIC VENTURES INC