Davidson-davie Community College Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Davidson-davie Community College Foundation Inc is a 501(c)(3) organization based in Lexington, North Carolina, registered in 1970, with $8,768,943 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1287, Lexington, NC, 27293 EIN 23-7079347 Since 1970
Revenue (FY2024)
$8.8M
▲ 93.1% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$37.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Davidson-davie Community College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating415 mo reserves · +88% 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 Davidson-davie Community College Foundation Inc: 415 mo reserves · +88% margin earns a B+ 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 Davidson-davie Community College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Davidson-davie Community College Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1287, Lexington, NC, 27293
- City
- Lexington
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $7.1M (FY2013) to $8.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $825Net assets $37.0M
Operating margin
87.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$37.0M
Total liabilities
$825
Net assets
$37.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,768,943▲93.1% | $1,069,525▼3.6% | $37,014,203▲26.3% | $37,015,028▲26.3% | 990 |
| 2023 | $4,541,050▲53.8% | $1,109,305▼21.4% | $29,314,786▲13.3% | $29,315,385▲12.9% | 990 |
| 2022 | $2,952,859▲110% | $1,410,734▼60.3% | $25,883,041▲6.3% | $25,956,302▲6.6% | 990 |
| 2021 | $1,408,332▼71.3% | $3,557,637▲267% | $24,340,916▼8.1% | $24,341,716▼8.1% | 990 |
| 2020 | $4,902,272▲334% | $970,677▼7.2% | $26,490,221▲17.4% | $26,490,221▲17.4% | 990 |
| 2019 | $1,128,581▼27.6% | $1,045,684▲17.3% | $22,558,626▲0.4% | $22,562,019▲0.3% | 990 |
| 2018 | $1,557,996▼36.4% | $891,439▼83.1% | $22,475,730▲3.1% | $22,488,777▲2.7% | 990 |
| 2017 | $2,449,398▼21.0% | $5,259,949▲141% | $21,809,172▼11.4% | $21,892,616▼11.9% | 990 |
| 2016 | $3,099,856▲11.6% | $2,186,630▲74.8% | $24,619,723▲3.8% | $24,838,559▲3.7% | 990 |
| 2015 | $2,777,103▲313% | $1,250,862▲65.1% | $23,707,120▲6.9% | $23,948,248▲7.1% | 990 |
| 2014 | $672,266▼90.6% | $757,844▲8.0% | $22,180,879▼0.4% | $22,351,587▼0.6% | 990 |
| 2013 | $7,125,301 | $701,775 | $22,266,457 | $22,492,917 | 990 |
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 · $960K total
28 grants to Davidson-davie Community College Foundation Inc totaling $960K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $12,932 |
| American Online Giving Foundation Inc | General support | 2024 | $10,731 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Second Harvest Food Bank of Northwest North Carolina Inc | Feeding the poor and | 2024 | $7,244 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2024 | $7,111 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $36,700 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2023 | $16,250 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| Novant Health Inc | Community outreach | 2022 | $90,000 |
| Lexington Medical Center | Health sciences center pledge | 2022 | $20,000 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2022 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2021 | $50,000 |
| Winston-salem Foundation | 3 grant(s) for varying purposes | 2021 | $13,500 |
| Foundation For the Carolinas | Charitable gift | 2021 | $8,596 |
Frequently asked questions
- Is Davidson-davie Community College Foundation Inc a legitimate nonprofit?
- Yes. Davidson-davie Community College Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7079347, based in Lexington, North Carolina. Donations are tax-deductible.
- What is Davidson-davie Community College Foundation Inc's EIN?
- Davidson-davie Community College Foundation Inc's Employer Identification Number (EIN) is 23-7079347.
- How much revenue does Davidson-davie Community College Foundation Inc report?
- Davidson-davie Community College Foundation Inc reported $8,768,943 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Davidson-davie Community College Foundation Inc have?
- CharityIndex grades Davidson-davie Community College Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Davidson-davie Community College Foundation Inc (EIN 23-7079347) 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.