Overview
What is James Mcfarlin Community Develop?
James Mcfarlin Community Develop is a 501(C)3 nonprofit organization, situated in Rocky Mount, North Carolina (specifically at 111 Robert Thompson Drive, 27801). The primary focus of this organization is to contribute to community development and charitable activities, specifically in Edgecombe and Nash Counties. With a dedicated team of three individuals, they strive to improve their local communities through various projects and initiatives. The organization's mission is to engage in charitable activities, furthering their efforts to contribute positively to the lives and well-being of the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
James Mcfarlin Community Develop has achieved a strong score of 90%, earning a Four-Star rating from Charity Navigator, indicating high accountability and financial health. This rating reflects the charity's commitment to ethical operations and responsible financial management, with a perfect score in several key areas, including the independence of its board members and the absence of material asset diversion.
The organization boasts a fully independent board of ten members, which enhances its governance practices. With comprehensive policies in place for conflict of interest, whistleblower protection, and document retention, the charity demonstrates a robust framework for accountability. Additionally, its program expense ratio is exemplary, indicating that all of its expenses are directed toward its programming efforts.
However, the liabilities to assets ratio at approximately 54.96% suggests that while the organization is managing its assets effectively, there may be a notable level of liabilities. Overall, the data reflects a well-managed nonprofit with sound practices, though potential donors and stakeholders should consider the liabilities when evaluating the organization's financial standing.
This AI summary has been generated from information found on Charity Navigator.
Is James Mcfarlin Community Develop legitimate?
James Mcfarlin Community Develop is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Mcfarlin Community Develop 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,886
For more financial information, click here
What is the mission statement of James Mcfarlin Community Develop?
The James Mcfarlin Community Development Inc. is dedicated to promoting community development and charitable activities in its mission. This 501(C)3 non-profit organization operates in Edgecombe and Nash counties, focusing on enhancing the local community through various charitable endeavors. The organization's primary goal is to contribute positively to its community by engaging in community development activities. It does not specify any particular area of focus or target group, indicating a broad scope of charitable work. While the information provided is limited, it suggests that the James Mcfarlin Community Development Inc. aims to improve its local community through its charitable activities.
Who is the CEO of James Mcfarlin Community Develop?
James Mcfarlin is the President of James Mcfarlin Community Develop.
What is the revenue of James Mcfarlin Community Develop?
James Mcfarlin Community Develop's revenue in 2022 was $40,200.
Who are the executives of James Mcfarlin Community Develop and what are their salaries?
The average compensation at James Mcfarlin Community Develop during 2022 was $6,295. There are 3 employees at James Mcfarlin Community Develop.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for James Mcfarlin Community Develop?
James Mcfarlin Community Develop's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of James Mcfarlin Community Develop
The James McFarlin Community Development Inc., as a 501(C)3 non-profit organization, is dedicated to contributing to community development and undertaking charitable activities in both Edgecombe and Nash counties. This organization's mission is centered around enhancing these communities, working tirelessly to promote sustainable growth and development. By engaging in various charitable activities, James McFarlin Community Development aims to uplift the lives of those residing in these counties, fostering a sense of unity and progress.
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Impact
August, 2024
James Mcfarlin Community Develop has a significant impact on the communities of Edgecombe and Nash counties through their community development and charitable activities. Their work is focused on improving housing conditions, supporting residents in need, and fostering a sense of community in the area. By providing essential services and resources, James Mcfarlin Community Develop plays a crucial role in addressing social and economic challenges faced by the residents of these counties.
This information is meant to be a general summary of James Mcfarlin Community Develop. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $40,200
- Gross Receipts: $40,200
Assets and Liabilities:
- Total Assets: $2,356
- Total Liabilities: $0
- Net Assets: $2,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNC CHAPEL HILL
Revenue
$40,200
Organization Details
Founding Year
2016
Principal Officer
James Mcfarlin
Main Address
111 ROBERT THOMPSON DR, Rocky Mount, NC, 27801
NTEE Category
Code: L22 - Housing
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