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North Carolina · Nonprofit

Charlotte Dragon Boat Association

Charlotte Dragon Boat Association (North Carolina) receives grants from 2 organizations whose IRS filings report $85,000 to it, the largest being ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC ($50,000). 2 of them have funded it in more than one year.

Revenue FY2024
$165k
Funders on record
2
Grants received
$85k
Net assets
$156k
2/2 repeat funderspeak grant-dependency 13%
01What it does

What Charlotte Dragon Boat Association does

Mission

Community building, recreation and competition

As stated on its FY2024 Form 990-EZ.

Programs

  1. The Charlotte Dragon Boat and Asian Festival is a signature annual event held in the Asian Pacific Heritage monthof May to engage the public to immerse in the sight, sound and action of the diverse Asian Culture. With over 7000visitors, it promotes diversity & community outreach opportunities to connect all citizens in the region.

    $52,288 spentof which $41,200 as grants
    52% of program spending
  2. The Charlotte Dragon Boat Association was founded in 2006, the first in the Carolinas, to develop the cross-culture, eco-friendly sport for recreation and competition. We helped grow this event in over 15 towns & cities across the Carolinas.The local event we organized eared top honors from the Southeast Tourism Society.

    $29,089 spentof which $61,405 as grants
    29% of program spending
  3. A Journey of Hope, a three month long, all local AAPI community curate exhibit, the first in the Southeast waslaunched with major funding and volunteer support from the Charlotte Dragon Boat Association. This is thefirst step to transform the diverse, silo-like AAPI Community to a cohesive and mutually supportive entity.

    $17,125 spentof which $4,690 as grants
    17% of program spending
  4. None

    $2,215 spent
    2% of program spending

The 4 programs described on its FY2023 Form 990-EZ. Program spending in total: $100,717.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($111k) Expenses 100 ($109k) Net assets 100 ($112k)2024 Revenue 148 ($165k) Expenses 111 ($121k) Net assets 139 ($156k)
20232024
Revenue (148)Expenses (111)Net assets (139)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $112k to $156k (+39%).

$112k
$156k
20232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
ContributionsProgram revenueInvestmentOther

100% of Charlotte Dragon Boat Association’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$3k
’23
$44k
’24

Leadership and staff

Board chair

John C Chen

Founder and Executive Chairman

As listed on its FY2023 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $15k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
1
1
1
1

From the IRS filings of Charlotte Dragon Boat Association’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Charlotte Dragon Boat Association leans on a few funders — its largest provides 59% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Charlotte Dragon Boat Association.

59%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Charlotte Dragon Boat Association's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Charlotte Dragon Boat Association runs a healthier operating margin than three-quarters of the 15,520 recreation & sports nonprofits its size.

Operating margin27% · top quartile
Revenue growth (annualized)48% · top quartile

this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024

Organizations like Charlotte Dragon Boat Association

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Charlotte Dragon Boat Association: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Charlotte Dragon Boat Association?
Charlotte Dragon Boat Association (North Carolina) receives grants from 2 organizations whose IRS filings report $85,000 to it, the largest being ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC ($50,000). 2 of them have funded it in more than one year.
How many funders does Charlotte Dragon Boat Association have?
IRS filings report 2 organizations giving $85,000 in grants to Charlotte Dragon Boat Association, 2 of which have funded it in more than one year.
Who is the largest funder of Charlotte Dragon Boat Association?
ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like Charlotte Dragon Boat Association find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Charlotte Dragon Boat Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing