Positive net assets and consistent asset growth, from $70,612 in 2020 to $79,927 in 2023.
Strong recovery and growth in revenue and expenses post-2020, demonstrating resilience and active programming.
High program spending efficiency due to minimal administrative overhead.
Spending Breakdown
How Charlotte Area Ultimate Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Charlotte Area Ultimate Association
Is Charlotte Area Ultimate Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Charlotte Area Ultimate Association (EIN: 203801566) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Charlotte Area Ultimate Association a good charity to donate to?
Charlotte Area Ultimate Association has a Mission Score of 95/100. Revenue: $196K. Assets: $77K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charlotte Area Ultimate Association?
The Employer Identification Number (EIN) for Charlotte Area Ultimate Association is 203801566. 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 Charlotte Area Ultimate Association spend its money?
Charlotte Area Ultimate Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charlotte Area Ultimate Association's tax-exempt status?
You can verify Charlotte Area Ultimate Association's tax-exempt status using EIN 203801566 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 Charlotte Area Ultimate Association demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For example, in 2023, revenue was $144,536 against expenses of $141,664, contributing to an asset base of $79,927. The organization's liabilities have consistently been reported as $0 across all available filings, indicating a very strong balance sheet and no reliance on debt. This suggests excellent financial management and stability.
Spending efficiency appears high, particularly given the reported 0% officer compensation across all periods, which implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation. This practice significantly reduces administrative overhead. The absence of liabilities further reinforces efficient resource allocation and a focus on direct program delivery.
Transparency is strong, with consistent annual filings and clear reporting of key financial metrics. The organization's consistent asset growth, from $70,612 in 2020 to $79,927 in 2023, alongside its debt-free status, paints a picture of a well-managed and financially sound nonprofit. The detailed filing history provides a clear trend of financial operations.