Charity Search / IMAGINE NORTH CAROLINA FIRST
Social Science (V22) 990 on File

IMAGINE NORTH CAROLINA FIRST

EIN: 46-4006055 · RALEIGH, NC 27602-0428 · United States · FY 2022 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 62/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2022 · Scored 9/13/2026
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Financial Overview — FY 2022
$6.1M
Total Revenue
$7.6M
Total Expenses
$264K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.6%
Fundraising Efficiency N/A
Operating Reserve 0.42x
Liability-to-Asset 0.5%
Revenue Diversification 100.0%
Executive Compensation $6K
Compared with Peers
FY 2022
Compared with 138 similar organizations (United States, Social Science, $1M–$10M in expenses), FY 2022.
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
93.6% 80.0%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
5.8% 14.1%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.6% 2.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
0.4 mo 11.2 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.5% 12.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 90.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
45.4% 5.0%
P10P90
Expense growth
Year over year expense growth
120.4% 8.9%
P10P90
Surplus margin
Surplus as a share of revenue
-23.9% 3.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2022 $6.1M $7.6M $264K 93.6% 0
2021 $4.2M $3.4M $1.7M 85.8% 0
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Organization Details
EIN
46-4006055
State
NC
City
RALEIGH
ZIP
27602-0428
Classification
V22
Category
Social Science
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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