Cin INC EIN 26-0238263 Form 990 (PDF) Claim this org

Cin INC FY2023 filing

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Educates philanthropists of color on planned giving and connects them with collective giving opportunities. For fiscal year 2023 it reported $272K in revenue, $120K in expenses, and $245K in net assets.Pt I

Founded
2007
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Raleigh, NC
Website
thecommunityinvestment.org
Filings
6 on file (2020–2023)
Revenue
$272KFY2023
Expenses
$120K
Net assets
$245K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-0238263 Public foundation / grantmaker Raleigh, NC Founded 2007
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Educates philanthropists of color on planned giving and connects them with collective giving opportunities.
Leadership
Shani Hillard · Board Member
Money in and out
$272K revenue, $120K expenses
Bottom line
0% program efficiency
Grants paid & assets · FY2023
Total revenue
$272K
Pt VIII · Ln 12
Total expenses
$120K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $152K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
24.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+56%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$272K
FY2023▲ +156%
Expenses
$120K
FY2023
Total assets
$245K
FY2023
Total liabilities
$0
FY2023
Total revenue
$272K
Pt VIII · Ln 12
Total expenses
$120K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$152K
Total assetsPt X · Ln 16$245K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCin INC
EINHdr · item D26-0238263
Principal addressHdr · item CRaleigh, NC
WebsiteHdr · item Jthecommunityinvestment.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T01)
Ruling yearIRS BMFSep 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
See Cin INC executive salaries →

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Mission & Programs · Part III

Where the work happens

4 program services account for $75K of program spending, described in the organization's own filed words · FY2023.
01

The community investment network conference serves as a premier convening that brings together individuals, families, grassroots groups, nonprofit professionals and giving circle members to explore community philanthropy as a tool for civic engagement and social change.

$32Kprogram expense
02

The essentials for diversity in giving (edg) curriculum is a proprietary educational program designed to engage and empower communities of color to participate in collective philanthropy. The curriculum includes individual and group exercises that illuminate the fundamentals of philanthropy from the perspective of communities of color.

$31Kprogram expense
03

The #wearephilanthropists project formerly known as the hbcu donors of color initiative was launched in spring 2016 with the intent of inspiring and equipping college students with resources to address challenges in their communities through collective philanthropy.

$11Kprogram expense
04

swedf

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$265K · 97%
Other revenue$7K · 3%
Contributions & grants97%$265K
Other revenue3%$7K
Total revenueLn 12$272K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $1.00
Program services64%$77K
Management & general100%$120K
Total functional expensesLn 25$120K

Balance Sheet

Part X · end of year
CashLn 1$245K
Total assetsLn 16$245K
Total liabilitiesLn 26$0
Total net assetsLn 32$245K
Months of cash on handcomputed24.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $245K · Operating expenses/yr $120K
24.5 months
Where the money goes
Program services
Program services $0 · Total expenses $120K
0%
Management & General
Management & general $120K · Total expenses $120K
100%
Fundraising
Fundraising $0 · Total expenses $120K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $265K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $265K · Total revenue $272K
97%
Government reliance
Government grants $0 · Total revenue $272K
0%
Earned-income share
Program service revenue $0 · Total revenue $272K
0%
Investment reliance
Investment income $0 · Total revenue $272K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $120K
0%
Growth & trend
Revenue growth (YoY)
This year $272K · Prior year $106K
+156%
Net-asset trend (YoY)
End of year $245K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $272K · Expenses $120K
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $245K
Net-asset ratio
Net assets $245K · Total assets $245K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $245K
0%
People & payroll
Highest Reported Total Compensation
Individual Shani Hillard · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $120K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $120K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 100%
Fundraising cost ratio 0%
Revenue growth 156%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$258K

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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
FY2025 (Latest)$372K revenue · ⤓ 990 PDF
FY2024$340K revenue · ⤓ 990 PDF
FY2023$272K revenue · viewing · ⤓ 990 PDF
FY2022$106K revenue · ⤓ 990 PDF
FY2021$114K revenue · ⤓ 990 PDF
FY2020$137K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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