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Community Development : Housing and Neighborhood Development

Metanoia

Holistic community development

four stars

94.74

2005 Reynolds Avenue North Charleston, SC 29405
tel: (843) 529-3014   Web Site
EIN: 20-0310400

Board Leadership
Ayesha Washington
Board Chair

CEO
Bill Stanfield
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.74 four stars
  Financial 97.50 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

Metanoia is a Community Development Corporation (CDC) located in the heart of the Chicora-Cherokee neighborhood in North Charleston, South Carolina. Although we began primarily serving in our Chicora-Cherokee neighborhood, recently we have expanded our efforts to include all of southern North Charleston. At Metanoia we focus on finding strengths, or assets, in neighborhoods and using them as building blocks for the eventual success of some of our region's most distressed communities. These could be in the form of people (human assets) or places/organizations/things (physical assets).

Metanoia is a Community Development Corporation (CDC) located in the heart of the Chicora-Cherokee neighborhood in North Charleston, South Carolina. Although we began primarily serving in our Chicora-Cherokee neighborhood, recently we have expanded our efforts to include all of southern North Charleston. At Metanoia we focus on finding strengths, or assets, in neighborhoods and using them as building blocks for the eventual success of some of our region's most distressed communities. These could be in the form of people (human assets) or places/organizations/things (physical assets).

Impact Information

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Financial

four stars

97.50

Accountability & Transparency

four stars

93.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.4%
  Administrative Expenses 3.4%
  Fundraising Expenses 7.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.80
  Program Expenses Growth 10.4%
  Liabilities to Assets 34.4%
All data for Financial Performance Metrics calculations was provided by Metanoia on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Metanoia on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Metanoia (SC) 94.74 four stars
The Pittsburgh Project (PA) 85.00 three stars
Staten Island Economic Development Corporation (SIEDC) (NY) 86.23 three stars
The Pike Place Market Foundation (WA) 97.17 four stars
Urban Affairs Coalition (PA) 86.84 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,711,220
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $719,724
Total Contributions $2,430,944
   Program Service Revenue $121,372
Total Primary Revenue $2,552,316
   Other Revenue $157,359
TOTAL REVENUE $2,709,675
   
EXPENSES  
   Program Expenses $1,818,803
   Administrative Expenses $78,323
   Fundraising Expenses $159,996
TOTAL FUNCTIONAL EXPENSES $2,057,122
   
Payments to Affiliates $0
Excess (or Deficit) for the year $652,553
   
Net Assets $3,534,541

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Housing Development $783,788 43.1%
Leadership Development $780,250 42.9%
Economic Development $254,765 14.0%

Ratings History
Metanoia has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 94.74 four stars
2017-06 08/01/2018 94.07 four stars
2016-06 08/01/2017 96.66 four stars
2015-06 12/21/2016 96.66 four stars
2015-06 12/01/2016 92.02 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-0310400
Name in IRS Master File METANOIA
NTEE Code S31
NTEE Classification Urban, Community Economic Development
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$83,315 4.05% Bill Stanfield CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Metanoia (SC) 94.74 four stars
Citizens Committee for New York City (NY) 93.18 four stars
Together Colorado (CO) 88.22 three stars
The Jerusalem Foundation (NY) 88.56 three stars
MEDA (MN) 88.55 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Metanoia
2005 Reynolds Avenue
North Charleston, SC 29405
tel: (843) 529-3014
fax: (843) 529-3639
EIN: 20-0310400

Visit Web Site

Board Leadership

Ayesha Washington
Board Chair

CEO

Bill Stanfield
CEO

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