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Imagine North Carolina First

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464006055 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Imagine North Carolina First?

Imagine North Carolina First is a nonprofit organization situated in Raleigh, North Carolina, with a mission to enhance economic opportunities, improve the quality of life, promote government accountability, and encourage civic participation among underrepresented communities within the state. To accomplish this, they fund various non-profit entities and initiate strategic projects, focusing on issues like voting rights and access. Their primary goal is to foster a society and democracy that benefits all North Carolina citizens.


Official website here: www.imaginencfirst.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

Imagine North Carolina First has received a Two-Star rating from Charity Navigator, indicating a mixed performance in accountability and financial health. The organization demonstrates strong governance with a fully independent board and a solid material diversion of assets score, reflecting good practices in transparency and oversight. The high program expense ratio suggests that a significant portion of its funding is directed towards its mission-related activities.

However, there are notable weaknesses in fundraising efficiency, which is rated poorly, indicating challenges in generating funds relative to expenses incurred for fundraising efforts. Additionally, the working capital ratio is concerning, reflecting potential liquidity issues that may impact the organization's operational stability. Overall, while the organization shows commitment to programmatic spending and governance, it may need to address its fundraising strategies and financial planning for improved sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Imagine North Carolina First legitimate?

Imagine North Carolina First is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine North Carolina First submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.imaginencfirst.org

What is the mission statement of Imagine North Carolina First?

Imagine North Carolina First is committed to promoting economic opportunity, improving quality of life, fostering government accountability, and encouraging civic participation among underserved communities in North Carolina. Their primary objective is to establish an economy and democracy that serves the interests of all North Carolina citizens. The organization initiates, cultivates, and funds strategic initiatives to achieve these goals. In addition, they support civic engagement programs, funding various non-profit entities to educate and protect citizens on voting rights and related issues impacting their lives.


Official website here: www.imaginencfirst.org

Who is the CEO of Imagine North Carolina First?

Russ Swindell is the Executive Director of Imagine North Carolina First.


Official website here: www.imaginencfirst.org

What is the revenue of Imagine North Carolina First?

Imagine North Carolina First's revenue in 2022 was $6,134,509.


Official website here: www.imaginencfirst.org

Who are the executives of Imagine North Carolina First and what are their salaries?


Here are 6 key members and their salaries:


Russ Swindell (Executive Director)
  • Compensation: $5,563
  • Related: $0
  • Other: $0
Nina Szlosberg Landis (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mountcastle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mcguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Stein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Fleishman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imaginencfirst.org

Where can I find the form 990 for Imagine North Carolina First?

Imagine North Carolina First's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.imaginencfirst.org

Learn more at the official website: www.imaginencfirst.org

Mission Statement of Imagine North Carolina First

Imagine North Carolina First is an organization committed to advancing economic opportunities, enhancing the quality of life, promoting government accountability, and encouraging civic participation among underserved communities within North Carolina. Its primary objective is to establish a thriving economy and democracy that benefits all North Carolina citizens. The nonprofit undertakes strategic initiatives, funds projects, and supports various organizations to achieve these goals. By doing so, Imagine North Carolina First aims to foster an environment where every citizen in North Carolina can prosper and actively participate in the democratic process.

In line with its mission, Imagine North Carolina First has implemented civic engagement programs. Through these initiatives, the nonprofit funds numerous non-profit entities to educate, inform, and safeguard citizens' rights concerning voting matters and key issues impacting their daily lives. The organization's efforts in this area aim to empower citizens to make informed decisions and actively participate in the democratic process, ultimately contributing to a more inclusive and equitable society in North Carolina.

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Impact




July, 2024

Imagine North Carolina First's impact can be seen in its strategic efforts to promote economic opportunity, quality of life, government accountability, and civic participation among underserved communities in North Carolina. By fostering an economy and democracy that works for all North Carolina citizens, the organization has made significant contributions to enhancing civic engagement and empowering individuals to participate in decision-making processes. Through its support of various non-profit entities focused on informing, educating, and protecting citizens on voting rights and access to voting, Imagine North Carolina First has played a vital role in promoting a more inclusive and informed democracy in the state.




This information is meant to be a general summary of Imagine North Carolina First. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,134,509 (2022)
Expenses
$7,603,499 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $6,134,509

Assets and Liabilities:

  • Total Assets: $265,231
  • Total Liabilities: $1,341
  • Net Assets: $263,890

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Organization Details

Founding Year

2013

Principal Officer

Russ Swindell

Main Address

PO Box 428, Raleigh, NC, 27602

NTEE Category

Code: V22 - Social research

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