Action Nc FY2020 filing

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EIN 27-2050581 Unknown exempt organization Charlotte, NC
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2024
Revenue
$277K
FY2020
Expenses
$145K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Empowers communities through education and organizing to achieve racial, gender, and economic justice. For fiscal year 2020 it reported $277K in revenue, $145K in expenses, and $132K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Charlotte, NC
Website
www.actionnc.org
Filings
5 on file (2020–2020)
Revenue
$277KFY2020
Expenses
$145K
Net assets
$132K
People
3
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Size
$100K–1M
What they do
Empowers communities through education and organizing to achieve racial, gender, and economic justice.
Leadership
Alexander P McCoy · Executive Director · $2K
Money in and out
$277K revenue, $145K expenses
Bottom line
+48% surplus margin
Reported financial activity · FY2020
Total revenue
$277K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$132K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $132K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Surplus margin
+48%
revenue over expenses, this year
Program spending
90%
of expenses reach programs

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$332K
FY2020
Total liabilities
$200K
FY2020
Revenue less expensesPt I · Ln 19$132K
Total assetsPt X · Ln 16$332K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAction Nc
EINHdr · item D27-2050581
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Jwww.actionnc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$2,003Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2022FY2021FY2020
Naomi Randolph-Hwesuhunu$10,951$11,464—
Alexander P McCoy$8,492$8,895$2,003

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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Mission & Programs · Part III

Where the work happens

3 program services account for $130K of program spending, described in the organization's own filed words · FY2020.
01

Voting Rights and Engagement

As the policies and procedures for voting during the pandemic were devised by state officials, action institute NC worked with allies to ensure that voting rules and opportunities would be equitable across demographic groups, and that reasonable accommodations would be made to protect public safety and achieve as high a turnout as…

$92Kprogram expense
02

Civil Rights

Our civil rights organizing work falls into several broad categories--criminal justice reform and police accountability, immigrant rights, and racial and gender equity. On criminal justice issues, we worked with our members and community and city leaders in charlotte to fashion an appropriate response to the uprisings after george…

$38Kprogram expense
03

Economic Justice

The core of our economic justice work is organizing to raise the minimum wage to a living wage, and we remained active in north carolina's fight for $15 campaign. We also continued pushing for paid sick and family leave legislation, and worked with allies in the NC families care coalition to elevate these policy priorities in spite of…

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$277K
Total revenueLn 12$277K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program services90%$130K
Management & general9%$12K
Fundraising1%$2K
Total functional expensesLn 25$145K

Balance Sheet

Part X · end of year
CashLn 1$332K
Total assetsLn 16$332K
Total liabilitiesLn 26$200K
Total net assetsLn 32$132K
Months of cash on handcomputed27.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $332K · Operating expenses/yr $145K
27.6 months
Where the money goes
Program services
Program services $130K · Total expenses $145K
90%
Management & General
Management & general $12K · Total expenses $145K
9%
Fundraising
Fundraising $2K · Total expenses $145K
1%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $277K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $277K · Total revenue $277K
100%
Government reliance
Government grants — · Total revenue $277K
—
Earned-income share
Program service revenue $0 · Total revenue $277K
0%
Investment reliance
Investment income $0 · Total revenue $277K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $145K
0%
Growth & trend
Revenue growth (YoY)
This year $277K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $132K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $277K · Expenses $145K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $332K
—
Net-asset ratio
Net assets $132K · Total assets $332K
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $332K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alexander P McCoy · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $2K · Total expenses $145K
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $14K · Total expenses $145K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 9%——
Fundraising cost ratio 0.8%——
Accounting fee ratio 1%——

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 · FY2024
Total grants receivedfrom 2 funders$125K
Grants paid · 2 grants · $406K · 2020–2021
Action Institute NcNC · FY2021$319,909
Action Institute NcNC · FY2020$86,156

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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 (Latest)$502K revenue · ⤓ 990 PDF
FY2023$47K revenue · ⤓ 990 PDF
FY2022$208K revenue · ⤓ 990 PDF
FY2021$372K revenue · ⤓ 990 PDF
FY2020$277K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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