Cumberland Community Development Center Incorporated EIN 13-4262791

Cumberland Community Development Center Incorporated

EIN  13-4262791 Public charity (501(c)(3)) Fayetteville, NC Founded 2003
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Offers free preschool and childcare to low-income families.
Leadership
Linda Vandevender · President
Money in and out
$1.4M revenue, $1.5M expenses
Bottom line
67% program efficiency

Offers free preschool and childcare to low-income families. For fiscal year 2024 it reported $1.4M in revenue, $1.5M in expenses, and $760K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$760K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$46K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▼ -2% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -189% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▼ -13%
Expenses
$1.5M
FY2024▼ -7%
Total assets
$760K
FY2024▼ -6%
Total liabilities
$0
FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$760K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$46K
Total assetsPt X · Ln 16$760K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Providing preschool and child care to low income and disadvantaged families.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCumberland Community Development Center Incorporated
EINHdr · item D13-4262791
Principal addressHdr · item CFayetteville, NC
WebsiteHdr · item Jtrinitycommunityservices.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 88%
Program service revenue$173K · 12%
Contributions & grants88%$1.3M
Program service revenue12%$173K
Investment income$4K
— government grantsLn 1e$690K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$989K
Management & general33%$493K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$504K
Total assetsLn 16$760K
Total liabilitiesLn 26$0
Total net assetsLn 32$760K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $504K · Operating expenses/yr $1.5M
4.1 months
Where the money goes
Program services
Program services $989K · Total expenses $1.5M
67%
Management & General
Management & general $493K · Total expenses $1.5M
33%
Fundraising
Fundraising $0 · Total expenses $1.5M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $420K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.4M
88%
Government reliance
Government grants $690K · Total revenue $1.4M
48%
Earned-income share
Program service revenue $173K · Total revenue $1.4M
12%
Investment reliance
Investment income $4K · Total revenue $1.4M
0%
Program self-sufficiency
Program service revenue $173K · Total expenses $1.5M
12%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $1.6M
-13%
Revenue CAGR
FY2019 $1.9M · FY2024 $1.4M
-6%
Net-asset trend (YoY)
End of year $760K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.5M
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $760K
Net-asset ratio
Net assets $760K · Total assets $760K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $760K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Linda Vandevender · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.5M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Revenue growth -13%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$23K
Grants paid · 4 grants · $354K · 2020–2023
Grants to Saron INC (501(c)(3)FY2023$120,000
Saron INCNC · FY2022$65,000
Saron INCNC · FY2021$73,077
Saron INCNC · FY2020$96,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.6M revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$2.5M revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$1.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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