Nawbo-charlotte Charitable Fund is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2008, with $7,872 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$7,872
▲ 1416.8% vs prior year
Education median: $200K
Expenses (FY2023)
$7,510
Net assets
$5,272
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Nawbo-charlotte Charitable Fund— 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 Nawbo-charlotte Charitable Fund: 8 mo reserves · +5% margin earns a A 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 Nawbo-charlotte Charitable Fund— 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 Nawbo-charlotte Charitable Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2013) to $7,872 (FY2023) across 9 reported years.
Financial snapshot
Operating margin
4.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5,272
Total liabilities
$0
Net assets
$5,272
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,872▲1417% | $7,510▲16.8% | $5,272▲7.4% | $5,272▲7.4% | 990EZ |
| 2022 | $519▼79.2% | $6,430 | $4,910▼1.8% | $4,910▼1.8% | 990EZ |
| 2020 | $2,500 | $0 | $5,000▲100% | $5,000▲100% | 990EZ |
| 2019 | $2,500 | $0 | $2,500 | $2,500 | 990EZ |
| 2018 | $0 | $0 | $0 | $0 | 990EZ |
| 2016 | $0 | $0 | $0 | $0 | 990EZ |
| 2015 | $0 | $0 | $0 | $0 | 990EZ |
| 2014 | $0 | $0 | $0 | $0 | 990EZ |
| 2013 | $0 | $0 | $0 | $0 | 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.
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Data for Nawbo-charlotte Charitable Fund (EIN 71-0897154) 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.