DOWNTOWN RALEIGH ALLIANCE INC Charity Report

Public IRS 990 nonprofit record

DOWNTOWN RALEIGH ALLIANCE INC

EIN 56-1994005 · Professional Athletic Leagues (N80)

What they do

ADVANCING THE VITALITY of DOWNTOWN RALEIGH for EVERYONE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.72%of revenue went to mission work90.9% of expenses · Program services

$101.05spent for every $100 of revenueSpending was higher than revenue this year.

9.06%of revenue went to management and office costs9.1% of expenses

$0.44in assets for every $1 spent this yearSome assets cannot be spent right away.

8.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $42,418 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $196,500 for BILL KING (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,393,530

Mission workProgram services$3,078,69790.72% of revenue90.9% of expenses

ManagementOffice and general costs$307,4839.06% of revenue9.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$7,3500.22% of revenueShown in gray on the chart

Total expenses$3,386,18099.78% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.9% mission · 9.1% management · 0.0% fundraisingTotal expenses: 99.78% of revenue

2023Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 93.85% of revenue

2022Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 97.11% of revenue

2021Expense mix: 88.7% mission · 11.3% management · 0.0% fundraisingTotal expenses: 99.88% of revenue

2020Expense mix: 83.7% mission · 16.3% management · 0.0% fundraisingTotal expenses: 84.85% of revenue

2019Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 94.95% of revenue

2018Expense mix: 80.7% mission · 19.3% management · 0.0% fundraisingTotal expenses: 97.17% of revenue

2017Expense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 103.97% of revenue

Money in and money out

Revenue$4,037,115

Expenses$4,079,533

Annual shortfall $42,418 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,078,697 · 75.5% of expenses

Management and office costs$307,483 · 7.5% of expenses

See all reported dollar amounts

Revenue$4,037,115

Expenses$4,079,533

Assets$1,803,171

Income$4,037,115

Contributions$321,807

Mission work (program services)$3,078,697

Grants given$483,704

Average grant$37,208

Accounting fees$12,335

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BILL KINGPRESIDENT AND CEO · 20 hrs/week $196,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

BILL KINGPRESIDENT AND CEO

PETE BYERSDIRECTOR

KASSIA GIBBSDIRECTOR

KATHLEEN MAKENADIRECTOR

LAUREN ROMERDIRECTOR

LT MCCRIMMONDIRECTOR

MIKE MUNNBOARD VICE CHAIR/COMING CHAIR

NATALIE BATTENDIRECTOR

NICHOLLE ALLEN-STEELEDIRECTOR

OWEN WILLIAMSDIRECTOR

PAULETTE DILLARDBOARD IMMEDIATE PAST CHAIR

JAMIE SCHWEDLERDIRECTOR

REBECCA QUINN-WOLFDIRECTOR

RUFFIN HALLDIRECTOR (EX-OFFICIO)

SKIP HILLBOARD CHAIR

STACEY BUESCHERDIRECTOR

TIA MCLAURINAT-LARGE MEMBER

TIFFANY BARRIERDIRECTOR

YVETTE HOLMESDIRECTOR

DAVID ELLISDIRECTOR (EX-OFFICIO)

ANNA GRACE FITZGERALDDIRECTOR

BO DEMPSTERBOARD LEGAL COUNSEL

BRITT THOMASBOARD SECRETARY

CARLY JONESDIRECTOR

CHARLIE IBARRADIRECTOR

CHRIS BUDNICKDIRECTOR

CHRIS ROBERTSDIRECTOR

DANNY SEATONDIRECTOR

JANET COWELLDIRECTOR (EX-OFFICIO)

DAVIS ROACHDIRECTOR

DENNY EDWARDSDIRECTOR (EX-OFFICIO)

DERRICK REMERAT-LARGE MEMBER

EMILY WILLIAMSBOARD TREASURER

EVAN RALEIGHDIRECTOR (EX-OFFICIO)

FELICIA TRUJILLODIRECTOR

GREGG SANDREUTERDIRECTOR

ADRIENNE COLEDIRECTOR (EX-OFFICIO)

About this charity

Recognized since: January 1998
Location: 333 FAYETTEVILLE STREET 1150, RALEIGH, NC 27601
County: Wake
In care of: BILL KING
Primary officer: BILL KING, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(919) 532-1231

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SHARPE PATEL CPA
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes