District C EIN 81-5441355 Form 990 (PDF) Claim this org

District C FY2021 filing

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Prepares young people for challenging careers through specialized training and development. For fiscal year 2021 it reported $270K in revenue, $263K in expenses, and $130K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Chapel Hill, NC
Website
www.districtc.co
Filings
5 on file (2020–2021)
Revenue
$270KFY2021
Expenses
$263K
Net assets
$130K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-5441355 Public charity (501(c)(3)) Chapel Hill, NC
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/2/26 · see original: IRS
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Size
$1–10M
What they do
Prepares young people for challenging careers through specialized training and development.
Leadership
Dan Gonzalez · President, Co Founder, Ex-Officio · $48K
Money in and out
$270K revenue, $263K expenses
Bottom line
76% program efficiency
Where the money goes · FY2021
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.24
Program efficiency
76%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$270K
FY2021▲ +8%
Expenses
$263K
FY2021▲ +9%
Total assets
$131K
FY2021▲ +7%
Total liabilities
$1K
FY2021▲ +443%
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$130K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$131K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDistrict C
EINHdr · item D81-5441355
Principal addressHdr · item CChapel Hill, NC
WebsiteHdr · item Jwww.districtc.co
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFOct 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President, Co Founder, Ex-Officio
$47,917Pt VII · Sec A
Treasurer/Secretary,co Fnd
$47,917Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

Daniel Gonzalez’s $140K as President, CEO, Ex-Officio is at the 59th percentile of top reported officer pay among 1547 $1–10M youth 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Gonzalez$140,000
Dan Gonzalez$137,917$71,667$47,917$50,000
Ashley Mannka$130,750
Anne Jones$97,622$71,667$47,917$50,000
Rey Fernandez$2,850

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

2 program services account for $198K of program spending, described in the organization's own filed words · FY2021.
01

Teamship

Teamship is a novel internship experience through which teams of students solve real problems for real businesses. Through this authentic problem-based learning experience, students develop the mindsets and tools critical for success in modern work.

$107Kprogram expense
02

Coaching Institute & School Support

The coaching institute is an intensive professional development experience that certifies educators to implement teamship at their schools or organizations. In addition to the coaching institute, district c offers technical assistance and an online resource called the "district c playbook" to support schools and organizations in…

$91Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$255K · 95%
Contributions & grants$14K · 5%
Program service revenue95%$255K
Contributions & grants5%$14K
Other revenue$501
Total revenueLn 12$270K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$198K
Management & general24%$64K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$131K
Total assetsLn 16$131K
Total liabilitiesLn 26$1K
Total net assetsLn 32$130K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $131K · Operating expenses/yr $263K
6.0 months
Where the money goes
Program services
Program services $198K · Total expenses $263K
76%
Management & General
Management & general $64K · Total expenses $263K
24%
Fundraising
Fundraising $0 · Total expenses $263K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $15K
$0.35 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $14K · Total revenue $270K
5%
Government reliance
Government grants — · Total revenue $270K
Earned-income share
Program service revenue $255K · Total revenue $270K
95%
Investment reliance
Investment income $0 · Total revenue $270K
0%
Program self-sufficiency
Program service revenue $255K · Total expenses $263K
97%
Growth & trend
Revenue growth (YoY)
This year $270K · Prior year $251K
+8%
Net-asset trend (YoY)
End of year $130K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $270K · Expenses $263K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $131K
Net-asset ratio
Net assets $130K · Total assets $131K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $131K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dan Gonzalez · Reported title PRESIDENT, CO FOUNDER, EX-OFFICIO · Highest reported compensation $48K · Total expenses $263K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $208K · Total expenses $263K
79%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 24%
Fundraising cost ratio 0%
Revenue growth 8%
Legal fee 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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$136K

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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)$2.3M revenue · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$573K revenue · ⤓ 990 PDF
FY2021$270K revenue · viewing · ⤓ 990 PDF
FY2020$251K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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