52
Carolina Small Business Development Fund
Public Benefit · Raleigh, North Carolina
3128 Highwoods Blvd Ste 170, Raleigh, NC 27604-6447
EIN: 581903219· Founded: Nov 1990· 36 years active· Filing Year: 2023
Annual Revenue
$10.5M
Total Expenses
$9.3M
Total Assets
$34.4M
Program Spending
29%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$707K
7.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.2M
Total Payroll
$2.9M
31% of total expenses
Where the Money Goes
29%
Programs: 29%
Payroll: 31%
Other overhead: 71%
Program Revenue$2.7M (25%)
Total Expenses$9.3M (89%)
Payroll$2.9M (31%)
Overhead (non-program)71%
Trust Score Breakdown
Program Spending Ratio
29% of expenses go to programs
Revenue & Stability
$10.5M annual revenue
Executive Compensation
$707K total officer comp (7.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$34.4M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.