Durham Chapter FY2024 filing

Claim it free, then get the verified mark Claim this org →
EIN 56-6063150 Membership association Durham, NC
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2020–FY2025
Revenue
$159K
FY2024▲ +160%
Expenses
$133K
FY2024

Form 990 for the fiscal year ending April 2024 (IRS tax year 2023).


Enriches African-American lives through educational, civic, and inter-cultural activities. For fiscal year 2024 it reported $159K in revenue, $133K in expenses, and $76K in net assets.Pt I

Type
Membership association · Nonprofit
Location
Durham, NC
Website
www.durhamnclinks.org
Filings
6 on file (2020–2024)
Revenue
$159KFY2024
Expenses
$133K
Net assets
$76K
People
8
Is this your organization?
Claim this profile to manage it and share your story.
Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Durham Chapter claims this page.

Know this organization? Claim it to add your story

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
$159K revenue, $133K expenses
Bottom line
+17% operating surplus

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A social-welfare organization or civic league. Contributions are generally not tax-deductible.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Forest at Duke INC

1 distinct foundation funder(s) on file, $10K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

69% to programs

69% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +160% vs prior year

Revenue band $100K–1M, +160% versus the prior filing year (up). See detail →

Membership & operating revenue · FY2024
Total revenue
$159K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$76K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $26K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31
Operating surplus
+17%
revenue over expenses
Earned revenue
21%
of revenue from program services & dues
Program spending
69%
of expenses reach member services

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Durham Chapter →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$76K
FY2024
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$76K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · 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 (FY2023); the FY2024 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 Secretaries
$0Pt VII · Sec A
See Durham Chapter executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $90K of program spending, described in the organization's own filed words · FY2023.
01

The Links of Durham raised and donated over $78,000 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.

$79Kprogram 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.

$10Kprogram 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

$2Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$110K · 69%
Program service revenue$34K · 21%
Other revenue$15K · 10%
Contributions & grants69%$110K
Program service revenue21%$34K
Other revenue10%$15K
Total revenueLn 12$159K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$91K
Management & general31%$41K
Total functional expensesLn 25$133K

Balance Sheet

Part X · end of year
CashLn 1$76K
Total assetsLn 16$76K
Total liabilitiesLn 26$0
Total net assetsLn 32$76K
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $76K · Operating expenses/yr $133K
6.9 months
Where the money goes
Program services
Program services $91K · Total expenses $133K
69%
Management & General
Management & general $41K · Total expenses $133K
31%
Fundraising
Fundraising $0 · Total expenses $133K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $110K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $110K · Total revenue $159K
69%
Government reliance
Government grants — · Total revenue $159K
—
Earned-income share
Program service revenue $34K · Total revenue $159K
21%
Investment reliance
Investment income $0 · Total revenue $159K
0%
Program self-sufficiency
Program service revenue $34K · Total expenses $133K
25%
Growth & trend
Revenue growth (YoY)
This year $159K · Prior year $61K
+160%
Revenue CAGR
FY2019 $93K · FY2023 $159K
+14%
Net-asset trend (YoY)
End of year $76K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $159K · Expenses $133K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $76K
—
Net-asset ratio
Net assets $76K · Total assets $76K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $76K
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 $133K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $133K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 31%——
Fundraising cost ratio 0%——
Revenue growth 160%——

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

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.