CENTRAL PIEDMONT COMMUNITY COLLEGE SERVICES CORPORATION INC

EIN: 562244952 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$2,927,790
Total Expenses
$2,716,444
Total Assets
$4,885,551
Net Assets
$4,443,582
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NC
Principal Officer
RICK FOGARTY
Phone
7043306689
Tax Period
2024-07-01 to 2025-06-30

CENTRAL PIEDMONT COMMUNITY COLLEGE SERVICES CORPORATION INC, founded in 2001, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 7% surplus.

Mission

TO SUPPORT CENTRAL PIEDMONT COMMUNITY COLLEGE, THROUGH THE DEVELOPMENT OF ENTREPRENEURIAL PRODUCTS AND SERVICES, IN ITS COMMITMENT TO ADVANCING THE LIFE-LONG EDUCATIONAL DEVELOPMENT OF ADULTS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,845,585
Investment Income $82,205
Other Revenue $0
TOTAL REVENUE $2,927,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,152,386
Other Expenses $2,716,444
TOTAL EXPENSES $2,716,444

Year-over-Year Comparison

2024 2023 Change
Revenue $2,927,790 $2,544,163 +0.2%
Expenses $2,716,444 $2,258,371 +0.2%
Net Income $211,346 $285,792 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
2

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
4
$941,201
Total Directors
5
$1,048,460
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR KANDI DEITEMEYER PRESIDENT 0.50
Officer Director
$0 $93,671 $549,380
MARK SHORT CHIEF OF STAFF 0.50
Officer Director
$0 $57,370 $249,650
JESSICA BOYCE DIRECTOR 0.50
Director
$0 $56,883 $249,430
JIM DUNN BOARD OF TRUSTEES CHAIR 0.10
Officer Director
$0 $0 $0
LUCIA ZAPATA GRIFFITH FINANCE COMMITTEE CHAIR 0.10
Director
$0 $0 $0
JAMIE PFEFFER ASSOC VP, CONFERENCE & EVENT SVCS 40.00
Officer
$0 $35,193 $142,171
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 $2,927,790 $2,716,444 $4,885,551 $211,346
2024 No data No data No data No data
2023 $1,916,614 $1,837,110 $4,282,438 $79,504
2022 $2,491,640 $2,692,572 $4,113,915 $-200,932
2021 $466,837 $677,400 $4,901,658 $-210,563
2020 $1,138,005 $2,104,005 $4,474,420 $-966,000
2019 $2,669,833 $2,779,156 $5,742,167 $-109,323
2018 $3,128,843 $2,670,027 $5,868,145 $458,816
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