NC COUNTS COALITION

EIN: 825469509 501(c)(3) Education

RALEIGH, NC

Total Revenue
$13,323,090
Total Expenses
$6,027,901
Total Assets
$8,533,242
Net Assets
$8,533,242
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
STACEY CARLESS
Phone
9192716820
Tax Period
2023-01-01 to 2023-12-31

NC COUNTS COALITION, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $13.3M in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.3M, a strong 55% operating margin.

Mission

NC COUNTS COALITION (THE COALITION) IS A NONPARTISAN, NON-PROFIT 501(C)3 ORGANIZATION COMMITTED TO BUILDING A HEALTHY, JUST, AND EQUITABLE NORTH CAROLINA THROUGH CROSS-SECTOR PARTNERSHIPS THAT ADVANCE SYSTEMIC SOLUTIONS FOR COMMUNITIES FACING SYSTEMIC BARRIERS, INCLUDING BIPOC COMMUNITIES, LGBTQ+, LOW-WEALTH, IMMIGRANT, AND OTHER COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $4,253,854

RECOVERY AND RESILIENCY - A PROGRAM THAT HELPS COMMUNITIES RECOVER FROM UNFORESEEN DISASTERS BY WORKING WITH GOVERNMENT AND COMMUNITY PARTNERS TO UNDERSTAND THE TRUE NEEDS OF THE COMMUNITIES AND TO...

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RECOVERY AND RESILIENCY - A PROGRAM THAT HELPS COMMUNITIES RECOVER FROM UNFORESEEN DISASTERS BY WORKING WITH GOVERNMENT AND COMMUNITY PARTNERS TO UNDERSTAND THE TRUE NEEDS OF THE COMMUNITIES AND TO DEVELOP APPROPRIATE RESPONSES TO THE CRISIS.

Program 2
Expenses: $1,007,669

CIVIC ENGAGEMENT - A PROGRAM THAT SUPPORTS OUR COMMUNITY PARTNERS BY PROVIDING NONPARTISAN CIVIC ENGAGEMENT EDUCATION AND RESOURCES TO: (1) EDUCATE THE COMMUNITIES SERVED ON THE DEMOCRATIC PROCESS...

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CIVIC ENGAGEMENT - A PROGRAM THAT SUPPORTS OUR COMMUNITY PARTNERS BY PROVIDING NONPARTISAN CIVIC ENGAGEMENT EDUCATION AND RESOURCES TO: (1) EDUCATE THE COMMUNITIES SERVED ON THE DEMOCRATIC PROCESS AND THE INTERSECTION OF ISSUES THEY CARE ABOUT SUCH AS EDUCATION AND HEALTHCARE; AND (2) ENGAGE AND EMPOWER COMMUNITY MEMBERS TO PARTICIPATE IN THE DEMOCRATIC PROCESS.

Program 3

N/A

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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 (2023)

Revenue Breakdown

Contributions & Grants $13,322,679
Program Service Revenue $0
Investment Income $0
Other Revenue $411
TOTAL REVENUE $13,323,090

Expense Breakdown

Grants Paid $3,485,493
Salaries & Benefits $1,719,825
Fundraising Expenses $15,103
Program Expenses $5,261,523
Other Expenses $822,583
TOTAL EXPENSES $6,027,901

Year-over-Year Comparison

2023 2022 Change
Revenue $13,323,090 $6,020,797 +1.2%
Expenses $6,027,901 $5,106,257 +0.2%
Net Income $7,295,189 $914,540 +7.0%
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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Governance

Voting Members
7
Independent Members
7
Employees
20
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
4
$150,004
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ALLISA SHEPARD CHAIR 1.00
Officer Director
$0 $0 $0
CORNELL WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
GWENDOLYN KEA TREASURER 1.00
Officer Director
$0 $0 $0
CONCHITA MCIVER SECRETARY 1.00
Officer Director
$0 $0 $0
DR TONYA WILLIAMS LEATHERS ED D BOARD MEMBER 1.00
Director
$0 $0 $0
JORGE SOUSA BOARD MEMBER 1.00
Director
$0 $0 $0
IESHIA ROBERTSON BOARD MEMBER 1.00
Director
$0 $0 $0
STACEY CARLESS EXECUTIVE DIRECTOR 40.00
Officer
$134,242 $15,762 $150,004
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 $13,323,090 $6,027,901 $8,533,242 $7,295,189
2022 $6,020,797 $5,106,257 $1,238,053 $914,540
2021 $3,427,386 $3,132,530 $475,354 $294,856
2020 $1,058,002 $1,747,546 $190,481 $-689,544
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