Mbk Clt-mecklenburg Inc is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2021, with $148,681 in FY2022 revenue. CharityIndex grades it D.
Revenue (FY2022)
$149K
▼ 51.6% vs prior year
Youth median: $163K
Expenses (FY2022)
$219K
Net assets
-$15K
Employees
—
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 Mbk Clt-mecklenburg Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Mbk Clt-mecklenburg Inc: 0 mo reserves · -47% margin earns a D on this criterion. See the exact thresholds →
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 Mbk Clt-mecklenburg Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Mbk Clt-mecklenburg Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $86K (FY2020) to $149K (FY2022) across 3 reported years.
Financial snapshot
Operating margin
-47.1%
Spent more than it raised in the latest fiscal year.
Total assets
$116K
Total liabilities
$131K
Net assets
-$15K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $148,681▼51.6% | $218,641▲3.2% | -$14,653▼126% | $116,405▼37.5% | 990EZ |
| 2021 | $307,246▲257% | $211,867▲68.0% | $55,307▲238% | $186,365▲422% | 990 |
| 2020 | $86,055 | $126,127 | -$40,072 | $35,732 | 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.
2 grants to Mbk Clt-mecklenburg Inc totaling $71K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $40,000 |
| Foundation For the Carolinas | Charitable gift | 2021 | $31,000 |
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Data for Mbk Clt-mecklenburg Inc (EIN 85-3271495) 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.