CAROLINA FEDERATION FUND

EIN: 842537864 501(c)(3) Human Services

DURHAM, NC

Total Revenue
$2,309,364
Total Expenses
$1,370,586
Total Assets
$2,533,816
Net Assets
$2,444,734
🔒

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
2019
Legal Domicile
NC
Principal Officer
SENDOLO DIAMINAH
Phone
9194859329
Tax Period
2024-07-01 to 2025-06-30

CAROLINA FEDERATION FUND, founded in 2019, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $939K, a strong 41% operating margin.

Mission

THE CAROLINA FEDERATION FUND IS A COMMUNITY ORGANIZING, CIVIC EDUCATION, AND LEADERSHIP DEVELOPMENT ORGANIZATION COMMITTED TO ECONOMIC, RACIAL, GENDER, AND ENVIRONMENTAL JUSTICE FOR ALL RESIDENTS OF THE STATE OF NORTH CAROLINA. THROUGH COMMUNITY EDUCATION AND LEADERSHIP TRAINING WE WORK TO DEVELOP THE CAPACITIES OF MULTI-RACIAL GROUPS TO ADDRESS LOCAL, STATEWIDE, AND NATIONAL ISSUES THAT IMPACT THE PEOPLE OF NORTH CAROLINA.

Program Service Accomplishments

Program 1
Expenses: $301,357

BASE-BUILDING & MEMBERSHIP GROWTH PROGRAMS IN CHAPTER COUNTIES: FORSYTH, GUILFORD, DURHAM, AND NEW HANOVER

Program 2
Expenses: $301,357

INTENSIVE LEADERSHIP TRAININGS FOR STAFF AND MEMBER LEADERS.

Program 3
Expenses: $301,356

SITE-BASED AND DOORS-BASED VOTER REGISTRATION PROGRAM

🔒

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 $2,277,053
Program Service Revenue $0
Investment Income $24,293
Other Revenue $8,018
TOTAL REVENUE $2,309,364

Expense Breakdown

Grants Paid $80
Salaries & Benefits $943,681
Fundraising Expenses $93,094
Program Expenses $904,070
Other Expenses $426,825
TOTAL EXPENSES $1,370,586

Year-over-Year Comparison

2024 2023 Change
Revenue $2,309,364 $3,122,760 -0.3%
Expenses $1,370,586 $2,882,579 -0.5%
Net Income $938,778 $240,181 +2.9%
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
5
Independent Members
3
Employees
N/A
Volunteers
2299

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
3
$132,486
Total Directors
6
$132,486
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SENDOLO DIAMINAH CO-DIRECTOR 16.00
Officer Director
$24,025 $6,315 $67,306
JENNIFER FRYE CO-DIRECTOR 15.00
Officer Director
$15,119 $4,744 $65,180
AARON BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
HASHIM BENFORD BOARD MEMBER (UNTIL 12/24) 1.00
Director
$0 $0 $0
CESAR LEYVA BOARD MEMBER 1.00
Director
$0 $0 $0
ANNA GRANT BOARD MEMBER (FROM 1/25) 1.00
Director
$0 $0 $0
WHITNEY MAXEY CHIEF OPERATING OFFICER (FROM 4/25) 10.00
Officer
$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 $2,309,364 $1,370,586 $2,533,816 $938,778
2024 $3,122,760 $2,882,579 $1,568,819 $240,181
2023 $1,293,191 $773,184 $1,270,814 $520,007
2022 $1,275,241 $700,870 $761,907 $574,371
2021 $366,300 $195,404 $171,897 $170,896
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CAROLINA FEDERATION FUND 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.