Passes our checks

Centralina Foundation Inc

EIN 55-0846088 · Charlotte, NC

Public records show a registered, tax-exempt organization in good standing.

What it says it does

SUPPORT ECONOMIC DEVELOPMENT IN THE CENTRALINA REGION.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 39 out of 100. Higher than 8% of charities in its peer group (public benefit, $250k to $1m).

Reserves
4 of 35
Spendable reserves would cover 0.6 months of spending.
Debt
2 of 20
It owes 88% of what it owns.
Living within its means
12 of 15
Income exceeded spending by 0% of income.
Spending floor
15 of 15
100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 59 out of 100. Higher than 31% of charities in its peer group (public benefit, $250k to $1m).

Independent board
25 of 25
5 of 5 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

THE CENTRALINA COLLABORATIVE GIVES OUR ORGANIZATION MORE OPPORTUNITIES TO EXPLORE NEW PARTNERSHIPS AND FUNDING SOURCES. AS A 501(C)3 NON-PROFIT CHARITABLE ORGANIZATION, THE COLLABORATIVE CAN APPLY FOR GRANTS FROM PHILANTHROPIC ORGANIZATIONS. ADDITIONAL FUNDING AND PARTNERSHIPS ARE BOTH KEY TO ENSURING CENTRALINA HAS THE RESOURCES TO SUPPORT OUR ONGOING ACTIVITIES AND INITIATIVES. THE COLLABORATIVE IS GOVERNED BY A BOARD OF TRUSTEES THAT MEETS FOUR TO SIX TIMES A YEAR TO ESTABLISH STRATEGIC PRIORITIES, APPROVE BUDGETS AND OVERSEE PARTNERSHIPS.
$1,637 spent. CLEAN CITIES - A COALITION THAT WORKS WITH VEHICLE FLEETS, FUEL PROVIDERS, COMMUNITY LEADERS, AND OTHER STAKEHOLDERS TO IDENTIFY COMMUNITY-DRIVEN CHOICES THAT SAVE ENERGY AND PROMOTE THE USE OF ALTERNATIVE FUELS AND ADVANCED VEHICLE TECHNOLOGIES IN TRANSPORTATION.
$778,118 spent. DOGWOOD TRUST - THIS GRANT WILL SUPPORT THE 5 WESTERN NORTH CAROLINA COUNCIL OF GOVERNMENTS ("COG") IN RETAINING CONSULTANTS TO PROVIDE TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS AFFECTED BY HELENE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.