Quick charity verification for Carolina Bronze (EIN: 20577449)
Verdict: Carolina Bronze appears trustworthy
85/100Mission Score
$7KRevenue
$69KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating volunteer leadership.
Steady growth in assets, from $9,564 in 2015 to $50,304 in 2024.
Zero reported liabilities across all filings, demonstrating strong financial management.
Consistent IRS 990 filings, indicating good transparency.
Operating with a surplus in the latest period (Revenue $9,354 vs. Expenses $6,747).
Spending Breakdown
How Carolina Bronze allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Carolina Bronze
Is Carolina Bronze a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Bronze (EIN: 20577449) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Carolina Bronze a good charity to donate to?
Carolina Bronze has a Mission Score of 85/100. Revenue: $7K. Assets: $69K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carolina Bronze?
The Employer Identification Number (EIN) for Carolina Bronze is 20577449. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Carolina Bronze spend its money?
Carolina Bronze allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carolina Bronze's tax-exempt status?
You can verify Carolina Bronze's tax-exempt status using EIN 20577449 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Carolina Bronze appears to be a small, volunteer-led organization with a consistent, albeit modest, financial footprint. Over the past decade, its revenue has fluctuated, with a high of $15,594 in 2018 and a low of $1,773 in 2020. The latest filing shows revenue of $9,354 against expenses of $6,747, indicating a surplus for the period. The organization consistently reports zero liabilities and zero officer compensation, suggesting a strong commitment to its mission without significant overhead for executive salaries. Its assets have shown steady growth over the years, from $9,564 in 2015 to $50,304 in 2024, which is a positive indicator of financial stability and accumulation of resources.
Spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only gives total expenses. However, the consistent reporting of zero officer compensation implies that a significant portion of its operational costs are likely directed towards its programs or essential administrative functions rather than executive salaries. The organization's small scale and volunteer nature inherently suggest a lean operational model. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics like revenue, expenses, assets, and liabilities, all without any reported officer compensation, which simplifies the analysis of how funds are being utilized.
Overall, Carolina Bronze demonstrates financial prudence with growing assets and no liabilities. While its revenue streams are not large, the organization appears to manage its resources effectively, consistently operating without executive compensation. This structure suggests a strong focus on its mission, with financial health appearing stable for an organization of its size.