Dedication to Community FY2020 filing

Public charity (501(c)(3)) Charlotte, NC EIN 84-1824706 NTEE R22
Revenue
$322K
FY2020 · Pt VIII · Ln 12
Expenses
$252K
FY2020 · Pt IX · Ln 25
Net assets
$70K
FY2020 · Pt X · Ln 32
To programs
92%
FY2020 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$322K
FY2020
Expenses
$252K
FY2020

Educates, enlightens, and empowers individuals and communities with practical approaches to global challenges.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. The Miami Foundation INC
$320K in the latest grant year. Details →
Spent on programs?
92% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M

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


Educates, enlightens, and empowers individuals and communities with practical approaches to global challenges.

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Charlotte, NC
Filings
5 on file (2020–2020)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2020
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08 Fundraising $0.00
Program efficiency
92%
of spending reaches programs
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$110K
FY2020
Total liabilities
$40K
FY2020
Revenue less expensesPt I · Ln 19$70K
Total assetsPt X · Ln 16$110K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CDedication to Community
EINHdr · item D84-1824706
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R22)
Ruling yearIRS BMFDec 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Secretary, VP Operations, Admin
$23,000Pt VII · Sec A
Board Vice-Chair & President
$10,515Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

M Quentin Williams’s $139K as Founder & CEO is at the 88th percentile of top reported officer pay among 1031 $100K–1M civil rights & advocacy 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 · 3 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
M Quentin Williams$138,788$120,468$37,386—
Laura Holden$56,000$43,500$34,500$23,000
Mquentin Williams———$10,515

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.

See Dedication to Community executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $232K of program spending, described in the organization's own filed words · FY2020.
01

Choose2live

A community advocacy initiative of dedication to community committed to serving as an information resource for law enforcement, educational institutions and social change organizations.

$232Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$201K · 63%
Program service revenue$120K · 37%
Contributions & grants63%$201K
Program service revenue37%$120K
Total revenueLn 12$322K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08 Fundraising $0.00
Program services92%$232K
Management & general8%$20K
Fundraising$530
Total functional expensesLn 25$252K

Balance Sheet

Part X · end of year
CashLn 1$104K
Total assetsLn 16$110K
Total liabilitiesLn 26$40K
Total net assetsLn 32$70K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $104K · Operating expenses/yr $252K
4.9 months
Where the money goes
Program services
Program services $232K · Total expenses $252K
92%
Management & General
Management & general $20K · Total expenses $252K
8%
Fundraising
Fundraising $530 · Total expenses $252K
0.2%
Cost to raise $1
Fundraising expense $530 · Solicited contributions $201K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $201K · Total revenue $322K
63%
Government reliance
Government grants — · Total revenue $322K
—
Earned-income share
Program service revenue $120K · Total revenue $322K
37%
Investment reliance
Investment income $0 · Total revenue $322K
0%
Program self-sufficiency
Program service revenue $120K · Total expenses $252K
48%
Growth & trend
Revenue growth (YoY)
This year $322K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $70K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $322K · Expenses $252K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $110K
—
Net-asset ratio
Net assets $70K · Total assets $110K
64%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $110K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura Holden · Reported title BOARD SECRETARY, VP OPERATIONS, ADMIN · Highest reported compensation $23K · Total expenses $252K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34K · Total expenses $252K
13%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Fundraising cost ratio 0.3%——
Legal fee ratio 0.1%——
Accounting fee ratio 1.0%——

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$320K

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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)$444K revenue · ⤓ 990 PDF
FY2023$483K revenue · ⤓ 990 PDF
FY2022$419K revenue · ⤓ 990 PDF
FY2021$453K revenue · ⤓ 990 PDF
FY2020$322K 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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