Charity Search / FIRST NORTH CAROLINA
Youth Development (O50) 990 on File

FIRST NORTH CAROLINA

EIN: 46-1301122 · GREENSBORO, NC 27435-0715 · United States · FY 2025 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 50/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$992K
Total Revenue
$1.1M
Total Expenses
$474K
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.4%
Fundraising Efficiency N/A
Operating Reserve 5.28x
Liability-to-Asset 7.6%
Revenue Diversification 95.0%
Executive Compensation $95K
Compared with Peers
FY 2025
Compared with 665 similar organizations (United States, Youth Development, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.4% 81.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.2% 11.6%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.4% 4.9%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
5.3 mo 10.8 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
7.6% 9.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
95.0% 90.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
-5.8% 4.6%
P10P90
Expense growth
Year over year expense growth
1.0% 7.1%
P10P90
Surplus margin
Surplus as a share of revenue
-8.7% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $992K $1.1M $474K 95.4% 8
2024 $1.1M $1.1M $460K 97.1% 6
2023 $1.2M $1.2M $475K 96.9% 7
2022 $874K $875K N/A 6
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Organization Details
EIN
46-1301122
State
NC
City
GREENSBORO
ZIP
27435-0715
Classification
O50
Category
Youth Development
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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