I-95 1-40 Crossroads of America Economic Development Alliance Inc
Only null% goes to programs Thin reserves Growing revenue
I-95 1-40 Crossroads of America Economic Development Alliance Inc is a 501(c)(3) organization based in Dunn, North Carolina, registered in 2022, with $40,904,094 in FY2024 revenue. CharityIndex grades it C+.
600 S Magnolia Ave, Dunn, NC, 28334 EIN 87-2462918 Since 2022
Revenue (FY2024)
$40.9M
▲ 420.8% vs prior year
Community median: $184K
Expenses (FY2024)
$39.7M
Net assets
$2.1M
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 I-95 1-40 Crossroads of America Economic Development Alliance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +3% 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 I-95 1-40 Crossroads of America Economic Development Alliance Inc: 1 mo reserves · +3% margin earns a C+ 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 I-95 1-40 Crossroads of America Economic Development Alliance Inc— 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 I-95 1-40 Crossroads of America Economic Development Alliance Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 600 S Magnolia Ave, Dunn, NC, 28334
- City
- Dunn
- State
- North Carolina
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue grew from $1.5M (FY2021) to $40.9M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12.8MNet assets $2.1M
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.9M
Total liabilities
$12.8M
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $40,904,094▲421% | $39,727,544▲467% | $2,136,807▲123% | $14,889,568▼58.9% | 990 |
| 2023 | $7,853,702▼38.8% | $7,001,887▲738% | $960,257▼92.7% | $36,223,125▲168% | 990 |
| 2022 | $12,824,378▲781% | $836,011▲201% | $13,166,731▲1017% | $13,506,014▲1045% | 990 |
| 2021 | $1,456,052 | $277,688 | $1,178,364 | $1,180,033 | 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.
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Frequently asked questions
- Is I-95 1-40 Crossroads of America Economic Development Alliance Inc a legitimate nonprofit?
- Yes. I-95 1-40 Crossroads of America Economic Development Alliance Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-2462918, based in Dunn, North Carolina. Donations are tax-deductible.
- What is I-95 1-40 Crossroads of America Economic Development Alliance Inc's EIN?
- I-95 1-40 Crossroads of America Economic Development Alliance Inc's Employer Identification Number (EIN) is 87-2462918.
- How much revenue does I-95 1-40 Crossroads of America Economic Development Alliance Inc report?
- I-95 1-40 Crossroads of America Economic Development Alliance Inc reported $40,904,094 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I-95 1-40 Crossroads of America Economic Development Alliance Inc have?
- CharityIndex grades I-95 1-40 Crossroads of America Economic Development Alliance Inc C+, based on financial health (reserves and operating margin).
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Data for I-95 1-40 Crossroads of America Economic Development Alliance Inc (EIN 87-2462918) 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.