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North Carolina · Nonprofit

CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC

CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC (North Carolina) receives grants from 5 organizations whose IRS filings report $831,659 to it, the largest being HERTFORD-NORTHAMPTON SMART START PARTNERSHIP FOR CHILDREN ($558,000). 5 of them have funded it in more than one year.

Revenue FY2024
$11M
Funders on record
5
Grants received
$832k
Net assets
$3.1M
5/5 repeat funderspeak grant-dependency 1%
01What it does

What Choanoke Area Development Association of North Carolina Inc does

Mission

Cada, with it's many partners, will assist disadvantage citizens achieve a better quality of life through education, training, and economic development.

As stated on its FY2024 Form 990.

Programs

  1. Head start program the program serves economically disadvantaged preschool children by providing comprehensive health, education, nutrition, social, and other services.

    $6,229,182 spentof which $249,373 as grants
    61% of program spending
  2. The weatherization assistance program enables low income families to permanently reduce their energy bills by making their homes more energy efficient. Funds are used to improve the energy performance of dwellings of needy families using the most advanced technologies and testing protocols available in the housing industry.

    $819,401 spentof which $270,740 as grants
    8% of program spending
  3. Hud section 8 housing program this program provides rental and utility assistance to low income families.

    $1,623,354 spentof which $1,382,113 as grants
    16% of program spending
  4. Community services, workforce investment, fathers in focus, reunification & family preservation, emergency food & shelter service, ida, energy share programs, parents as teachers, loss mitigation, woodland olney low income housing, and other programs: these programs provide services and assistance to low income individuals and families and assists them in achieving self-sufficiency.

    $1,595,848 spentof which $46,906 as grants$156,718 earned by the program
    16% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $10,267,785.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($11M) Expenses 100 ($11M) Net assets 100 ($1.8M)2018 Revenue 96 ($11M) Expenses 98 ($11M) Net assets 92 ($1.6M)2019 Revenue 90 ($10M) Expenses 93 ($10M) Net assets 70 ($1.3M)2020 Revenue 89 ($9.9M) Expenses 91 ($10M) Net assets 95 ($1.7M)2021 Revenue 93 ($10M) Expenses 92 ($10M) Net assets 57 ($1.0M)2022 Revenue 89 ($10M) Expenses 90 ($10M) Net assets 53 ($943k)2023 Revenue 91 ($10M) Expenses 96 ($11M) Net assets 22 ($398k)2024 Revenue 97 ($11M) Expenses 98 ($11M) Net assets 172 ($3.1M)
'17'18'19'20'21'22'23'24
Revenue (97)Expenses (98)Net assets (172)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 $3.3M to $7.8M (+139%).

$4.5M
$4.5M
$4.0M
$7.1M
$3.2M
$3.1M
$3.3M
$7.8M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 92% · 2018 97% · 2019 99% · 2020 94% · 2021 97% · 2022 95% · 2023 97%. Grants only. Government contracts and fees sit inside program revenue.

100% of CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$371
’17
−$145k
’18
−$386k
’19
−$261k
’20
$33k
’21
−$72k
’22
−$545k
’23
−$43k
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Christopher Moody

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3933322930272727
Joined·+9+3+4+1+10+2+0
No longer listed·154701320
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $107k → $91k.

From the IRS filings of CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC’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

CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC leans on a few funders — its largest provides 67% of grant income and the top three 96%; half comes from just 1 funder.

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

98% 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 CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC.

67%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2017 68% · 2018 71% · 2019 100% · 2020 60% · 2021 54% · 2022 70% · 2023 76% — growing more concentrated.

“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 CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC'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

CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC receives grants from 5 organizations whose IRS filings report $832k to it.

Operating margin−0% · below the median
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Government funding CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $61.3M on record.

Federal$61.3M
grants $61.3Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$61.3M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC

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.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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

Footprint & structure

Part of a family of 2 related entities

  • New Woodland-Olney LLC · partnership
  • Ahoskie High School Apartments LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC: 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 CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC?
CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC (North Carolina) receives grants from 5 organizations whose IRS filings report $831,659 to it, the largest being HERTFORD-NORTHAMPTON SMART START PARTNERSHIP FOR CHILDREN ($558,000). 5 of them have funded it in more than one year.
How many funders does CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC have?
IRS filings report 5 organizations giving $831,659 in grants to CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC, 5 of which have funded it in more than one year.
Who is the largest funder of CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC?
HERTFORD-NORTHAMPTON SMART START PARTNERSHIP FOR CHILDREN is the largest funder on record, with $558,000 in grants. The full list of funders is on this page.
How can an organization like CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC 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 Choanoke Area Development Association of North Carolina →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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