Pinnacle Community Developmentcorporation FY2020 filing

Tax-deductible

Durham, NC501(c)(3)Since 2003Community DevelopmentEIN 20-4459428Revenue $319K in FY2020

On file with the IRSdurhamtry.org2628 Melrose Ave, 27704-5234 · Durham, NCTax-exempt since Mar 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Substance abuse prevention

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$110K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $26K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$110K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$150K
259% of total assets
Concern: liabilities are 259% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$319K
Spent
$531K
To programs
84%
Net assets
−$92K
By yearFY2020–FY2025
Revenue
$319K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$319K
FY2021$1.2M
FY2022$830K
FY2023$536K
FY2024$433K
FY2025$316K
Expenses
$531K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$531K
FY2021$959K
FY2022$891K
FY2023$690K
FY2024$412K
FY2025$341K
Net assets
−$92K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$92K
FY2021$182K
FY2022$120K
FY2023−$33K
FY2024$29K
FY2025$8K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $446K Management & general 16% · $84K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $110K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$109,846Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Wanda Boone’s $135K as Executive Di is at the 87th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Wanda Boone$134,696$132,376$198,710$235,328$169,607$109,846
Tanya Gupta$2,600—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Pinnacle Community Developmentcorporation is a community improvement nonprofit based in Durham, NC, formed in 2003.

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Provided by the organization

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3 programs · $429K · in their own filed words · FY2020
01

Cureamericas global and duke ssp-(covid 19/CHW) to provide covid information to increase safety and decrease the potential for substance misuse amoung residents.

$263Kprogram expense
02

Drug free community support program-(samhsa) to prevent substance abuse by using 12 stakeholder sectors, the public model and seven strategies for community change. This grant targets youth under 18 years of age and the environments in which they live.

$160Kprogram expense
03

NC prevent underage drinking initiative-(ncpud) prevent underage and binge drinking using specific environmental strategies such as alcohol purchase surveys and monitoring alcohol in the home. The focus is youth under 21 and adults that provide.

$6Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$319K
Ln 12
Gifts and grantsLn 1h$192K
Fees for servicesLn 2g$127K
Money outPt IX
$531K
Ln 25
Programscol B$446K
Managementcol C$84K
Owns and owesPt X
−$92K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$150K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$192K
Government grantsLn 1e$170K
Fees for servicesLn 2g$127K
Total revenueLn 12$319K
Assets in detailPt X, end of year
CashLn 1$58K
Cash and savings togetherLn 1–2$58K
Total assetsLn 16$58K
LiabilitiesLn 26$150K
Net assetsLn 32−$92K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$119K$58K
Total assetsLn 16$119K$58K
LiabilitiesLn 26$0$150K
Net assetsLn 32$119K−$92K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$110K$55K$55K
Other salaries and wagesLn 7$76K$76K
Other employee benefitsLn 9$2K$863$770
Payroll taxesLn 10$16K$12K$4K
Accounting feesLn 11c$17K$16K$590
Other fees for servicesLn 11g$222K$222K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$9K$7K$2K
OccupancyLn 16$13K$9K$4K
TravelLn 17$13K$9K$4K
Conferences, conventions and meetingsLn 19$800$800
Other expenses (24a–d)Ln 24$45K$32K$13K
Total functional expensesLn 25$531K$446K$84K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $316K$341K−$25K$8K 990 PDF
FY2024 $433K$412K$21K$29K 990 PDF
FY2023 $536K$690K−$153K−$33K 990 PDF
FY2022 $830K$891K−$62K$120K 990 PDF
FY2021 $1.2M$959K$274K$182K 990 PDF
FY2020 Viewing $319K$531K−$212K−$92K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $319,070 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $440,320$191,921
I-9 Program service revenue$127,149
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $440,320$319,070
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $166,034$203,701
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $200,137$326,882
I-18 Total expensesPrior year $366,171$530,583
I-19 Revenue less expensesPrior year $74,149−$211,513
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $319,070 across 5 lines filed
VIII-1e Government grants$170,258
VIII-1f All other contributions, gifts and grants$21,663
VIII-1h Total contributions, gifts and grants$191,921
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $127,149$127,149
VIII-12 Total revenueRelated to mission $127,149$319,070
Part IX · Statement of functional expenses $530,583 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,923 · Management $54,923$109,846
IX-7 Other salaries and wagesPrograms $75,825$75,825
IX-9 Other employee benefitsPrograms $863 · Management $770$1,633
IX-10 Payroll taxesPrograms $12,161 · Management $4,236$16,397
IX-11c Accounting feesPrograms $15,950 · Management $590$16,540
IX-11g Other fees for servicesPrograms $221,919$221,919
IX-12 Advertising and promotionPrograms $6,807$6,807
IX-13 Office expensesPrograms $6,581 · Management $2,485$9,066
IX-16 OccupancyPrograms $9,341 · Management $4,004$13,345
IX-17 TravelPrograms $9,131 · Management $3,913$13,044
IX-19 Conferences, conventions and meetingsPrograms $800$800
IX-24 Other expenses (24a–d)Programs $32,093 · Management $13,268$45,361
IX-25 Total functional expensesPrograms $446,394 · Management $84,189 · Fundraising $0$530,583
Part X · Balance sheet $57,855 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $119,368$57,855
X-16 Total assetsStart of year $119,368$57,855
X-24 Unsecured notes and loans payable$150,000
X-26 Total liabilitiesStart of year $0$150,000
X-27 Net assets without donor restrictionsStart of year $119,368−$92,145
X-32 Total net assets or fund balancesStart of year $119,368−$92,145
X-33 Total liabilities and net assetsStart of year $119,368$57,855
Part XI · Reconciliation of net assets −$92,145 net assets at year end
XI-1 Total revenue$319,070
XI-2 Total expenses$530,583
XI-3 Revenue less expenses−$211,513
XI-4 Net assets at start of year$119,368
XI-10 Net assets at end of year−$92,145

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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