Totals
- Total revenue
- $2,676,158
- Total expenses
- $2,645,490
- Contributions and grants received
- $2,676,158
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,127,749
- Total liabilities, end of year
- $57,175
- Net assets or fund balances, end of year
- $1,070,574
- Program services expenses (Part IX)
- $2,160,278
- Management and general expenses
- $485,212
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,160,278
Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,520,311
-
1f · All other contributions, gifts and grants
$155,847
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $778,371 · program services $636,682 · management and general $141,689
-
9 · Other employee benefits
total $128,049 · program services $103,538 · management and general $24,511
-
10 · Payroll taxes
total $57,714 · program services $47,208 · management and general $10,506
-
11g · Fees: other
total $216,815 · management and general $216,815
-
13 · Office expenses
total $95,855 · program services $78,286 · management and general $17,569
-
16 · Occupancy
total $160,085 · program services $130,745 · management and general $29,340
-
17 · Travel
total $27,538 · program services $22,491 · management and general $5,047
-
22 · Depreciation, depletion and amortization
total $32,455 · management and general $32,455
-
24a · Other expenses: Program Costs
total $748,994 · program services $748,994
-
24b · Other expenses: Client Services
total $359,892 · program services $359,892
-
24c · Other expenses: Miscellaneous
total $39,722 · program services $32,442 · management and general $7,280
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $857,341 · end of year $799,643
-
4 · Accounts receivable
beginning of year $343,620 · end of year $232,805
-
9 · Prepaid expenses and deferred charges
beginning of year $875
-
10a · Land, buildings and equipment: cost or other basis
$263,537
-
10b · Land, buildings and equipment: accumulated depreciation
$176,812
-
10c · Land, buildings and equipment, net
beginning of year $65,347 · end of year $86,725
-
14 · Intangible assets
beginning of year $8,576 · end of year $8,576
-
17 · Accounts payable and accrued expenses
beginning of year $50,605 · end of year $39,413
-
19 · Deferred revenue
beginning of year $172,902
-
25 · Other liabilities
beginning of year $12,351 · end of year $17,762
-
27 · Net assets without donor restrictions
beginning of year $1,039,901 · end of year $1,070,574
Mission and programs · 2022
Mission
The Charlotte Area Funds mission, as Meckenburg Countys designated community action agency, is to provide programs and services that assist economically disadvantaged citizens with gaining the skills and abilities necessary to become self-sufficient.
-
The Charlotte Area Funds mission, as Mecklenburg Countys designated community action agency, is to provide programs and services that assist economically disadvantaged citizens with gaining the skills and abilities necessary to become self-sufficient.
Expenses $2,160,278
As filed on the 2022 return.
Listed in Part VII
-
Corey CarterCOREY CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Felicia RichardsonFELICIA RICHARDSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Mattie MarshallMATTIE MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Mario BlackMARIO BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lori BrownLORI BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Dr Melvine HerringDR MELVINE HERRING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Perlinda GabrielPERLINDA GABRIEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Abbie ButlerABBIE BUTLER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Annie Pearl AndersonANNIE PEARL ANDERSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Reginald JohnsonREGINALD JOHNSON
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 0
-
Christine EdwardsCHRISTINE EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Reginald GodetteREGINALD GODETTE
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Dorothy Counts-ScogginsDOROTHY COUNTS-SCOGGINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Nicolas WhartonNICOLAS WHARTON
CEO
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441149349301239
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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