Overview
What is Collective Impact In New Hanover County Inc?
Collective Impact In New Hanover County Inc, also known as Cape Fear Collective, is a nonprofit organization based in Wilmington, North Carolina. Established in 2019, their mission is to leverage big data, fundraising, social innovation, and large-scale initiative management across a six-county region in southeastern North Carolina. They aim to drive data collaboration and ecosystem alignment, providing operational efficiency and expanding fundraising opportunities for improved life outcomes. The organization advocates for community voices, bearing witness to systemic injustices and amplifying the voices of those on the front lines of social change. Cape Fear Collective promotes sustainable community-wide systems, fostering a culture of collaboration, equity, and transparency. They also support innovation in the social sector, promoting new methods for achieving social progress through strategic partnerships with regional anchor institutions. With a team of 11 employees, they employ data scientists, strategists, journalists, and process improvement experts to create sustainable impact programs across various sectors.
Official website here: www.capefearcollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Collective Impact In New Hanover County Inc has received a two-star rating, indicating areas for improvement despite a strong performance in accountability and finance. The organization achieved a perfect score in several key areas, including the majority of board members being independent and maintaining clear financial oversight. However, concerns arise from the whistleblower and document retention policies, which scored zero, suggesting a lack of adequate measures to protect individuals reporting misconduct and manage essential documents.
In terms of financial health, the organization has a program expense ratio of 78.48%, indicating a commitment to directing funds toward its programs. However, the liabilities to assets ratio stands at nearly 80%, which raises questions about financial stability. The salaries of key personnel reflect reasonable compensation, particularly for the CEO, which may be a consideration for donors evaluating how funds are allocated within the nonprofit.
Overall, while Collective Impact In New Hanover County Inc shows strengths in governance and program spending, its low scores in critical policy areas and high liabilities may warrant closer examination by potential donors. Addressing these limitations may enhance the organization's effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Collective Impact In New Hanover County Inc legitimate?
Collective Impact In New Hanover County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collective Impact In New Hanover County Inc 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: $165,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $786,712
For more financial information, click here
Official website here: www.capefearcollective.org
What is the mission statement of Collective Impact In New Hanover County Inc?
Collective Impact In New Hanover County Inc, established in 2019, serves as a collective impact and data science nonprofit organization. Its mission is to amplify big data, fundraising, social innovation, and large-scale initiative management across a six-county region in southeastern North Carolina. The organization, located in Wilmington, North Carolina, employs data scientists, strategists, journalists, and process improvement experts. They collaborate with anchor institutions from various sectors to develop sustainable impact programs that foster social progress in areas such as economic development, health and human services, climate change, and housing.
Official website here: www.capefearcollective.org
Who is the CEO of Collective Impact In New Hanover County Inc?
Lydia Newman is the Chair of Collective Impact In New Hanover County Inc. The CEO's salary of Collective Impact In New Hanover County Inc is $79,256 and their total compensation is $88,051.
Official website here: www.capefearcollective.org
What is the revenue of Collective Impact In New Hanover County Inc?
Collective Impact In New Hanover County Inc's revenue in 2022 was $1,662,585.
Official website here: www.capefearcollective.org
Who are the executives of Collective Impact In New Hanover County Inc and what are their salaries?
The average compensation at Collective Impact In New Hanover County Inc during 2022 was $86,538. There are 11 employees and 13 volunteers at Collective Impact In New Hanover County Inc.
Here are 13 key members and their salaries (Collective Impact In New Hanover County Inc's CEO's salary is $79,256 and their total compensation is $88,051):
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- Compensation: $79,256
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- Other: $8,795
- Compensation: $106,388
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- Other: $21,613
Official website here: www.capefearcollective.org
Where can I find the form 990 for Collective Impact In New Hanover County Inc?
Collective Impact In New Hanover County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capefearcollective.org
Learn more at the official website: www.capefearcollective.org
Mission Statement of Collective Impact In New Hanover County Inc
Collective Impact In New Hanover County Inc, established in 2019, is a collective impact and data science nonprofit organization based in North Carolina. With a strong background in the corporate sector, its mission is to expand the reach of big data, fundraising, social innovation, and large-scale initiative management across a six-county region in southeastern North Carolina. To achieve this, the organization employs a team of data scientists, strategists, journalists, and process improvement experts who collaborate with anchor institutions from various sectors. Working together, they develop sustainable impact programs that contribute to social progress across various sectors such as economic development, health and human services, climate change, and housing.
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Impact
July, 2024
Collective Impact In New Hanover County Inc, also known as Cape Fear Collective, is making a significant impact in the Cape Fear region of southeastern North Carolina. By driving data collaboration, providing insights to the social impact sector, bearing witness to systemic injustices, organizing for impact, and promoting sustainable community-wide systems, this organization is championing collaboration, equity, and transparency in the region.
Additionally, Cape Fear Collective supports innovation in the social sector by fostering a culture of innovation and leveraging resources to promote new methods for achieving social progress. With a team of data scientists, strategists, journalists, and process improvement experts working alongside anchor institutions, they are creating sustainable impact programs that address various sectors such as economic development, health and human services, climate change, and housing.
In just a few years since its founding in 2019, Collective Impact In New Hanover County Inc has become a vital backbone organization dedicated to scaling big data, fundraising, social innovation, and large-scale initiative management in the six-county region of southeastern North Carolina. With a focus on public benefit and a strong mission to improve life outcomes for all people, Cape Fear Collective is making a tangible difference in the community.
This information is meant to be a general summary of Collective Impact In New Hanover County Inc. 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.
- Investment Income: $531
- Program Service Revenue: $1,017,836
- Gross Receipts: $1,662,585
Assets and Liabilities:
- Total Assets: $3,303,681
- Total Liabilities: $2,429,527
- Net Assets: $874,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DATA SCIENCE EXPERTISE
Revenue
$810,861
MANAGEMENT FEES
Revenue
$202,017
RENTAL INCOME
Revenue
$4,958
Organization Details
Founding Year
2019
Phone
(919) 607-2417Principal Officer
Lydia Newman
Main Address
PO BOX 7746, WILMINGTON, NC, 28406
Website
www.capefearcollective.orgNTEE Category
Code: W99 - Public benefit
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