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North Carolina · Nonprofit

RALEIGH AREA DEVELOPMENT AUTHORITY

RALEIGH AREA DEVELOPMENT AUTHORITY (North Carolina) receives grants from 2 organizations whose IRS filings report $27,733 to it, the largest being NATIONAL COMMUNITY REINVESTMENT COALITION INC ($20,233). 1 of them have funded it in more than one year.

Revenue FY2018
$248k
Funders on record
2
Grants received
$28k
Net assets
$14k
1/2 repeat funderspeak grant-dependency 2%
01What it does

What Raleigh Area Development Authority does

Mission

Provide and stimulate investment in raleigh's most underdeveloped and neglected communities, particularly southeast raleigh.

As stated on its FY2018 Form 990.

Program

To provide several services such as credit counseling, mortgage payment assistance,and making home affordable assistance to assist homeowners with counseling and foreclosure prevention.

The first program described on its most recent Form 990, which lists programs largest first by expense.

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.

100 = 20172017 Revenue 100 ($330k) Expenses 100 ($396k) Net assets 100 ($26k)2018 Revenue 75 ($248k) Expenses 66 ($261k) Net assets 53 ($14k)
20172018
Revenue (75)Expenses (66)Net assets (53)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $38k to $32k (−16%).

$38k
$32k
20172018
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 31%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

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

−$66k
’17
−$12k
’18
0.1
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.

20172018
Listed118
Joined·+1
No longer listed·4
03Who funds it

Who funds it, year by year

2017 → 2020: the base held at 1 funder, grant income fell $8k → $0.

From the IRS filings of RALEIGH AREA DEVELOPMENT AUTHORITY’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

RALEIGH AREA DEVELOPMENT AUTHORITY leans on a few funders — its largest provides 73% 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

73% 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 RALEIGH AREA DEVELOPMENT AUTHORITY.

73%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2019 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

RALEIGH AREA DEVELOPMENT AUTHORITY draws 73% of its grant income from funders outside North Carolina, across 2 states in all.

NC
DC

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

’17
’19
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

Government funding RALEIGH AREA DEVELOPMENT AUTHORITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $120k on record.

Federal$120k
grants $120kcontracts $0
Top agencies
  • Department of Agriculture$97k
  • Department of Housing and Urban Development$23k

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 RALEIGH AREA DEVELOPMENT AUTHORITY

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

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

48%

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

Screen this organization

A dated, signed PDF of the compliance screen for RALEIGH AREA DEVELOPMENT AUTHORITY: 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 RALEIGH AREA DEVELOPMENT AUTHORITY?
RALEIGH AREA DEVELOPMENT AUTHORITY (North Carolina) receives grants from 2 organizations whose IRS filings report $27,733 to it, the largest being NATIONAL COMMUNITY REINVESTMENT COALITION INC ($20,233). 1 of them have funded it in more than one year.
How many funders does RALEIGH AREA DEVELOPMENT AUTHORITY have?
IRS filings report 2 organizations giving $27,733 in grants to RALEIGH AREA DEVELOPMENT AUTHORITY, 1 of which have funded it in more than one year.
Who is the largest funder of RALEIGH AREA DEVELOPMENT AUTHORITY?
NATIONAL COMMUNITY REINVESTMENT COALITION INC is the largest funder on record, with $20,233 in grants. The full list of funders is on this page.
How can an organization like RALEIGH AREA DEVELOPMENT AUTHORITY 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 Raleigh Area Development Authority →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2018 (financials across 2017–2018), 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