Slow Money Nc Logo

MIP Score

38

Food & Nutrition
Food & Nutrition Funding Support

Slow Money Nc

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

Address

424 Johnny Burke Rd, Pittsboro, North Carolina, 27312

View all Pittsboro charities

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.

At a Glance

Supporting Local Farmers

Supporting Local Farmers

Enabling farmers like Chantel Johnson of Off Grid in Color to succeed through financial support.

Community-Focused Investments

Community-Focused Investments

Encouraging local investments for a sustainable food economy.

Impact Stories

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.

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

CategoryAmountPercentage
Contributions, Gifts, and Grants332.9K100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue332.9K100.00%