Mission
Slow Money NC catalyzed the flow of affordable capital to sustainable small food enterprises in North Carolina. It connected ordinary people who care to local farmers and food businesses, creating a healthy local food system. Over more than a decade, it facilitated low-interest loans and investments totaling over five million dollars.
Basic Information
Tax-Exempt
Founded in
2017
EIN
82-2178863
Total Assets
$441.8 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 5 goals
At a Glance
Supporting Local Farmers
Enabling farmers like Chantel Johnson of Off Grid in Color to succeed through financial support.
Community-Focused Investments
Encouraging local investments for a sustainable food economy.
Impact Stories
Highlighting success stories from those funded through Slow Money NC.
Impact Stats
$5 million
Total Amount Funded
Total Loans Issued
Facilitated loans and equity investments to local food enterprises.
250
Total Number of Borrowers
Number of Borrowers
Supported over 250 individuals in accessing funds.
150+
Total Projects
Number of Projects Funded
Financed numerous local and organic farm and food enterprises.
Impact Reports
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
38
16
/100
Program Expense Ratio
68.97%
8
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
246.1
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 332.9K | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 332.9K | 100.00% |
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