WEBUILD CONCORD

EIN: 842655937 501(c)(3) Housing & Shelter

CONCORD, NC

Total Revenue
$2,820,708
Total Expenses
$994,474
Total Assets
$17,293,456
Net Assets
$15,262,872
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Principal Officer
PATRICK GRAHAM
Phone
7049205330
Tax Period
2024-07-01 to 2025-06-30

WEBUILD CONCORD, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.8M, a strong 65% operating margin.

Mission

TO EXPAND AFFORDABLE HOUSING OPTIONS AND PROVIDE ENRICHMENT OPPORTUNITIES THAT ENABLE COMMUNITY MEMBERS TO ENHANCE THEIR QUALITY OF LIFE.

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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 $2,465,845
Program Service Revenue $243,226
Investment Income $86,967
Other Revenue $24,670
TOTAL REVENUE $2,820,708

Expense Breakdown

Grants Paid $155,000
Salaries & Benefits $297,135
Fundraising Expenses $91,038
Program Expenses $738,502
Other Expenses $542,339
TOTAL EXPENSES $994,474

Year-over-Year Comparison

2024 2023 Change
Revenue $2,820,708 $4,490,874 -0.4%
Expenses $994,474 $524,548 +0.9%
Net Income $1,826,234 $3,966,326 -0.5%
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
7
Independent Members
7
Employees
3
Volunteers
33

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
1
$141,428
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JC MCKENZIE CHARIMAN 1.00
Director
$0 $0 $0
TERRY CRAWFORD TREASURER 1.00
Director
$0 $0 $0
JOSHUA SMITH SECRETARY 1.00
Director
$0 $0 $0
MAYA JONES BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE OSBORNE BOARD MEMBER 1.00
Director
$0 $0 $0
BERNARD FELDER BOARD MEMBER 1.00
Director
$0 $0 $0
ROY HAWKINS BOARD MEMBER 1.00
Director
$0 $0 $0
DELLA ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAKEITA VANDERBURG BOARD MEMBER 1.00
Director
$0 $0 $0
JAIME HUNTER BOARD MEMBER 1.00
Director
$0 $0 $0
MARCELLA BEAM BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN ASHLEY BOARD MEMBER 1.00
Director
$0 $0 $0
TRACI SELLS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MICHAUD BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK GRAHAM CEO 40.00
Officer
$141,428 $0 $141,428
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 $2,820,708 $994,474 $17,293,456 $1,826,234
2024 $4,490,874 $524,548 $13,461,645 $3,966,326
2023 $8,787,966 $365,786 $9,488,053 $8,422,180
2022 $1,000,001 $247,539 $1,072,196 $752,462
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