Carolina Common Enterprise
Only null% goes to programs Thin reserves Growing revenue
Carolina Common Enterprise is a 501(c)(3) organization based in Durham, North Carolina, registered in 2013, with $507,100 in FY2024 revenue. CharityIndex grades it D.
Po Box 12408, Durham, NC, 27709 EIN 46-0568407 Since 2013
Revenue (FY2024)
$507K
▲ 60.3% vs prior year
Community median: $184K
Expenses (FY2024)
$487K
Net assets
-$161K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carolina Common Enterprise— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carolina Common Enterprise: 0 mo reserves · +4% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carolina Common Enterprise— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carolina Common Enterprise: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 12408, Durham, NC, 27709
- City
- Durham
- State
- North Carolina
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $93K (FY2014) to $507K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.0MNet assets -$161K
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$877K
Total liabilities
$1.0M
Net assets
-$161K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $507,100▲60.3% | $486,805▲30.6% | -$161,016▲11.2% | $877,285▲122% | 990 |
| 2023 | $316,424▼0.2% | $372,759▼4.2% | -$181,311▼45.1% | $394,571▲31.1% | 990 |
| 2022 | $317,106▼17.9% | $389,089▼6.6% | -$124,976▼82.3% | $300,917▲96.6% | 990 |
| 2021 | $386,090▲36.3% | $416,569▲35.2% | -$68,559▼80.0% | $153,042▼12.8% | 990 |
| 2020 | $283,199▼5.7% | $308,209▲4.8% | -$38,080▼191% | $175,434▲1170% | 990 |
| 2019 | $300,219▲18.5% | $294,064▲11.0% | -$13,070▲32.0% | $13,817▼34.1% | 990 |
| 2018 | $253,377▲41.2% | $264,824▲57.3% | -$19,225▼147% | $20,968▼56.8% | 990 |
| 2017 | $179,422▼27.4% | $168,394▼39.2% | -$7,778▲58.6% | $48,485▲208% | 990 |
| 2016 | $247,226▼7.0% | $277,078▲2.3% | -$18,806▼270% | $15,726▼12.1% | 990 |
| 2015 | $265,923▲185% | $270,770▲228% | $11,046▼30.5% | $17,899▼22.9% | 990 |
| 2014 | $93,181 | $82,621 | $15,893 | $23,207 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.4M total
27 grants to Carolina Common Enterprise totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $400,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $50,000 |
| The Conservation Fund A Nonprofit Corporation | Conservation of natural resources;sustainable economic & community development | 2024 | $13,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $11,000 |
| Impactassets Inc | Fertile ground food cooperative | 2023 | $150,500 |
| The Community Foundation of Western North Carolina Inc | Assisting people in need | 2023 | $59,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $50,000 |
| Food Bank of Central & Eastern North Carolina Inc | Fight hunger | 2023 | $20,000 |
| The Conservation Fund A Nonprofit Corporation | Conservation of natural resources;sustainable economic & community development | 2023 | $12,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2023 | $10,000 |
| Neo Philanthropy Inc | Program grant | 2023 | $10,000 |
| North Carolina Electric Membership Corporation | Economic development assistance | 2023 | $10,000 |
| Impactassets Inc | General support | 2022 | $70,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2022 | $31,000 |
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Compare Carolina Common Enterprise
Frequently asked questions
- Is Carolina Common Enterprise a legitimate nonprofit?
- Yes. Carolina Common Enterprise is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-0568407, based in Durham, North Carolina. Donations are tax-deductible.
- What is Carolina Common Enterprise's EIN?
- Carolina Common Enterprise's Employer Identification Number (EIN) is 46-0568407.
- How much revenue does Carolina Common Enterprise report?
- Carolina Common Enterprise reported $507,100 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carolina Common Enterprise have?
- CharityIndex grades Carolina Common Enterprise D, based on financial health (reserves and operating margin).
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Data for Carolina Common Enterprise (EIN 46-0568407) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.