SouthPark Community Partners Inc

EIN: 883306150 Community Improvement

Charlotte, NC

Total Revenue
$2,040,214
Total Expenses
$2,236,368
Total Assets
$723,181
Net Assets
$675,359
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NC
Principal Officer
R CHRISTOPHER THOMAS
Tax Period
2024-07-01 to 2025-06-30

SouthPark Community Partners Inc, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO FURTHER MANAGE AND OPERATE THE MUNICIPAL SERVICE DISTRICT THAT INCLUDES THE SOUTHPARK COMMERICAL DISTRICT IN CHARLOTTE, NORTH CAROLINA AND FOR THE PROMOTION OF THE SOCIAL WELFARE IN THAT AREA.

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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 $79,206
Program Service Revenue $1,944,232
Investment Income $15,992
Other Revenue $784
TOTAL REVENUE $2,040,214

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $667,725
Fundraising Expenses $73,793
Program Expenses $1,977,861
Other Expenses $1,538,643
TOTAL EXPENSES $2,236,368

Year-over-Year Comparison

2024 2023 Change
Revenue $2,040,214 $1,879,455 +0.1%
Expenses $2,236,368 $1,619,124 +0.4%
Net Income $-196,154 $260,331 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
3
Volunteers
25

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
5
$247,104
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM RHEW President & CEO 50.00
Officer
$241,488 $5,616 $247,104
Elizabeth Sirkin Hill Chief Strategy Officer 50.00
$193,440 $4,680 $198,120
Madeline Chase VP of Marketing & Experience 50.00
$102,000 $2,400 $104,400
R CHRISTOPHER THOMAS Chairman 2.00
Officer Director
$0 $0 $0
RANDALL THOMAS VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT AULEBACH Treasurer 1.00
Officer Director
$0 $0 $0
JONATHAN POLKING Ex Officio 1.00
Director
$0 $0 $0
BILL BARTEE Director 1.00
Director
$0 $0 $0
TODD COLLINS Director 1.00
Director
$0 $0 $0
SHELLY DOMENECH Director 1.00
Director
$0 $0 $0
RICHIE FAULKENBERRY Director 1.00
Director
$0 $0 $0
LESLIE FISHER Secretary 1.00
Officer Director
$0 $0 $0
THAD MOORE Director 1.00
Director
$0 $0 $0
JESSICA ROSSI Director 1.00
Director
$0 $0 $0
GARETH SCOTT Director 1.00
Director
$0 $0 $0
JAMES SCRUGGS Director 1.00
Director
$0 $0 $0
FRAN WEST Director 1.00
Director
$0 $0 $0
TED WOLFE Director 1.00
Director
$0 $0 $0
LAUREN RUSSELL Director 1.00
Director
$0 $0 $0
DAN HOLMES Director 1.00
Director
$0 $0 $0
ED MCKINNEY Director 1.00
Director
$0 $0 $0
NISHITH PATEL Director 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 $2,040,214 $2,236,368 $723,181 $-196,154
2024 $1,879,455 $1,619,124 $973,372 $260,331
2023 $1,363,952 $752,768 $688,298 $611,184
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