Durham Chapter EIN 56-6063150 Form 990 (PDF) Claim this org

Durham Chapter

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Enriches African-American lives through educational, civic, and inter-cultural activities. For fiscal year 2025 it reported $170K in revenue, $181K in expenses, and $64K in net assets.Pt I

Type
Membership association · Nonprofit
Location
Durham, NC
Website
www.durhamnclinks.org
Filings
6 on file (2020–2025)
Revenue
$170KFY2025
Expenses
$181K
Net assets
$64K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  56-6063150 Membership association Durham, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Enriches African-American lives through educational, civic, and inter-cultural activities.
Leadership
Launice Sills · President
Money in and out
$170K revenue, $181K expenses
Bottom line
-7% operating surplus
Membership & operating revenue · FY2025
Total revenue
$170K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$64K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32
Operating surplus
-7%
revenue over expenses▼ -141% vs prior filing year
Earned revenue
0%
of revenue from program services & dues▼ -100% vs prior filing year
Program spending
68%
of expenses reach member services▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$170K
FY2025▲ +7%
Expenses
$181K
FY2025▲ +37%
Total assets
$64K
FY2025▼ -15%
Total liabilities
$0
FY2025
Total revenue
$170K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$64K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$64K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDurham Chapter
EINHdr · item D56-6063150
Principal addressHdr · item CDurham, NC
WebsiteHdr · item Jwww.durhamnclinks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1961

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Financial Secretary
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
Corresponding Secretary
$0Pt VII · Sec A
Program Director
$0Pt VII · Sec A
Assistant to the Secretari
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $123K of program spending, described in the organization's own filed words · FY2024.
01

The Links of Durham raised and donated to various charities and community service organizations. Some of their notable contributions include:Scholarship Programs: They provide scholarships to support the education of local students.

$112Kprogram expense
02

The Links of Durham organizes its community service efforts through "Facet Programming":1. The Arts: This facet supports and promotes the arts, particularly focusing on artists of color. It includes partnerships with museums, symphonies, and educational institutions to provide opportunities for minority youth in the arts.2.

$7Kprogram expense
03

The Links of Durham celebrate "Friendship Activities" as part of their efforts to strengthen bonds among members. These activities often include events like Friendship Luncheons, which provide opportunities for members to connect and enjoy each other's company in a relaxed setting

$4Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$169K
Other revenue$831
Total revenueLn 12$170K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$123K
Management & general32%$58K
Total functional expensesLn 25$181K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$64K
Total liabilitiesLn 26$0
Total net assetsLn 32$64K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $181K
4.3 months
Where the money goes
Program services
Program services $123K · Total expenses $181K
68%
Management & General
Management & general $58K · Total expenses $181K
32%
Fundraising
Fundraising $0 · Total expenses $181K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $139K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $169K · Total revenue $170K
100%
Government reliance
Government grants — · Total revenue $170K
Earned-income share
Program service revenue $0 · Total revenue $170K
0%
Investment reliance
Investment income $0 · Total revenue $170K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $181K
0%
Growth & trend
Revenue growth (YoY)
This year $170K · Prior year $159K
+7%
Revenue CAGR
FY2019 $93K · FY2024 $170K
+13%
Net-asset trend (YoY)
End of year $64K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $170K · Expenses $181K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $64K
Net-asset ratio
Net assets $64K · Total assets $64K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $64K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Launice Sills · Reported title President · Highest reported compensation $0 · Total expenses $181K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $181K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Fundraising cost ratio 0%
Revenue growth 7%
Accounting fee ratio 7%

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 1 funder$10K
Grants paid · 3 grants · $60K · 2023–2023

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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)$170K revenue · viewing · ⤓ 990 PDF
FY2024$159K revenue · ⤓ 990 PDF
FY2023$61K revenue · ⤓ 990 PDF
FY2022$82K revenue · ⤓ 990 PDF
FY2021$32K revenue · ⤓ 990 PDF
FY2020$93K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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