Expenses slightly exceeded revenue in 2023 ($323,440 vs $318,505), which warrants monitoring for future periods.
Strengths
Consistent revenue growth from $165,181 in 2018 to $318,505 in 2023.
Significant asset growth from $687,318 in 2018 to $826,487 in 2023.
0% officer compensation reported across all filings, indicating strong volunteer leadership and efficient use of funds.
Generally positive net income in most years, demonstrating sound financial management.
Manageable liabilities relative to assets, indicating good financial health.
Spending Breakdown
How Carolina Climbers Coalition allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Climbers Coalition
Is Carolina Climbers Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Climbers Coalition (EIN: 201770124) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Carolina Climbers Coalition a good charity to donate to?
Carolina Climbers Coalition has a Mission Score of 92/100. Revenue: $352K. Assets: $838K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carolina Climbers Coalition?
The Employer Identification Number (EIN) for Carolina Climbers Coalition is 201770124. 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 Climbers Coalition spend its money?
Carolina Climbers Coalition allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carolina Climbers Coalition's tax-exempt status?
You can verify Carolina Climbers Coalition's tax-exempt status using EIN 201770124 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
The Carolina Climbers Coalition demonstrates a generally healthy financial position, with consistent revenue growth over the past several years, increasing from $165,181 in 2018 to $318,505 in 2023. The organization's assets have also grown significantly, reaching $826,487 in 2023, indicating good financial stewardship and capacity building. While expenses in 2023 ($323,440) slightly exceeded revenue ($318,505), this appears to be an anomaly in a trend of positive net income in prior years, suggesting a strategic investment or temporary operational adjustment rather than a systemic issue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of donor funds.
Spending efficiency appears strong, particularly given the absence of executive compensation, which directly translates more funds to mission-related activities. The organization's liabilities have fluctuated but remain manageable relative to its assets, with $54,000 in liabilities against $826,487 in assets in 2023. The consistent growth in assets and revenue, coupled with minimal liabilities, points to a well-managed and financially stable organization. The lack of reported officer compensation also enhances its transparency and commitment to its mission.
Overall, the Carolina Climbers Coalition exhibits robust financial health and a commitment to efficient spending. The consistent growth in financial metrics over the past six years, combined with a volunteer-led executive structure, positions it as a financially sound and mission-focused nonprofit. The slight deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory.