Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Reemprise Fund, founded in 2023, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $82K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $502K exceeded revenue, resulting in a 511% operating deficit.
We combine a relationship-focused approach with the strategic investment mindset of venture capital. We find and support high-potential, early-stage nonprofits/leaders who create meaningful change within historically marginalized communities in Charlotte.
Reemprise entered into two new Strategic Partnerships, a three-year holistic partnership with innovative, on-the-ground organizations serving historically marginalized communities in Charlotte. These...
Reemprise entered into two new Strategic Partnerships, a three-year holistic partnership with innovative, on-the-ground organizations serving historically marginalized communities in Charlotte. These partnerships include business capability support, social capital and unrestricted funding. We gave three early stage organizations one-time, unrestricted grants to convey our vote of confidence in their work and the direction their businesses are heading. We feel they could likely be good candidates for future Strategic Partnerships. The grant to ourBRIDGE completed our grant commitment that focused on building multi-generational relationships between the residents of Aldersgate senior community and ourBRIDGE students.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $82,194 | $1,468,740 | -0.9% |
| Expenses | $501,985 | $248,578 | +1.0% |
| Net Income | $-419,791 | $1,220,162 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Charlie Elberson | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chrystal R Joy | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sam L Smith Jr | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $82,194 | $501,985 | $800,371 | $-419,791 |
| 2023 | $1,468,740 | $248,578 | $1,220,162 | $1,220,162 |
Compare Reemprise Fund with other nonprofits in North Carolina and across the country.