Philanthropy & Grantmaking (T70) IRS Verified DX Registered 990 on File

CABARRUS COUNTY EDUCATION FOUNDATION INC

EIN: 56-2226529 · CONCORD, NC 28025-7188 · United States · FY 2023 Data

3 out of 5 44 / 100 Based on 2+ years of filings

Financial strength (30%) 52/100

Reliability (20%) 55/100

Effectiveness (25%) 68/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

The Cabarrus County Education Foundation (CCEF) is dedicated to supporting student success by leveraging community partnerships to deliver programs that inspire learning, build life skills, and prepare young minds for a bright future.

Financial Overview — FY 2023

$124K

Total Revenue

$179K

Total Expenses

$14K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 68.0%

Fundraising Efficiency 70.7%

Operating Reserve 0.95x

Liability-to-Asset 82.1%

Revenue Diversification 90.4%

Compared with Peers

FY 2023

Compared with 26,148 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2023.

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	68.0%	90.7%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	70.7%	7.3%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	1.0 mo	106.5 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	82.1%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	90.4%	90.6%	P10P90	Above median
Revenue growth Year over year revenue growth	14.1%	4.1%	P10P90
Expense growth Year over year expense growth	49.0%	2.5%	P10P90
Surplus margin Surplus as a share of revenue	-44.4%	-10.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$124K	$179K	$14K	68.0%	—
2022	$109K	$120K	$71K	65.8%	—

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Organization Details

EIN: 56-2226529
State: NC
City: CONCORD
ZIP: 28025-7188
Classification: T70
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2000
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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