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MIP Score

69

Community Building
Urban Development

Industrial Commons

Mission

To create long-term economic and societal benefits in rural western north carolina and neighboring regions by lessening the burdens of government and developing public assets that enhance the retention and creation of small to mid-size manufacturing firms and meaningful, gainful employment; by providing economic, business and vocational education services to workers and business owners; and by sustainably enhancing the economic well-being of all members of a community.

Basic Information

Tax-Exempt

Address

28680-0071, Morganton, North Carolina

View all Morganton charities

Founded in

2014

EIN

47-2080338

Total Assets

$6.82 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

69

72

/100

Program Expense Ratio

82.12%

14

/20

Program Revenue Growth

62.15%

20

/20

Leverage Ratio

0.08653

20

/20

Working Capital Ratio

2.606

16

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants2.181M82.40%
Program Services353K13.34%
Investment Income8.791K0.33%
Sales of Non-Inventory Assets00.00%
Other Notable Sources6490.02%
Total Revenue2.647M100.00%