Is Team North Carolina Legit?

Quick charity verification for Team North Carolina (EIN: 10922275)

Verdict: Team North Carolina shows mixed signals

65/100Mission Score

$246KRevenue

$37KAssets

2Red Flags

3Strengths

Red Flags

Frequent operating deficits (e.g., 2023, 2019, 2018, 2016, 2014 where expenses exceeded revenue).
Relatively low assets ($36,717) compared to latest revenue ($246,135), indicating limited financial reserves.

Strengths

Consistent 0% officer compensation, demonstrating a commitment to minimizing executive overhead.
Regular IRS 990 filing history (13 filings), indicating good compliance and transparency.
Low liabilities, with the highest reported at $4,293 in 2023, suggesting responsible debt management.

Spending Breakdown

How Team North Carolina allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Team North Carolina

Is Team North Carolina a legitimate charity?

Based on AI analysis of IRS 990 filings, Team North Carolina (EIN: 10922275) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.

Is Team North Carolina a good charity to donate to?

Team North Carolina has a Mission Score of 65/100. Revenue: $246K. Assets: $37K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Team North Carolina?

The Employer Identification Number (EIN) for Team North Carolina is 10922275. 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 Team North Carolina spend its money?

Team North Carolina allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Team North Carolina's tax-exempt status?

You can verify Team North Carolina's tax-exempt status using EIN 10922275 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

Team North Carolina exhibits fluctuating financial health over the past decade, with recent years showing a concerning trend of expenses exceeding revenue. For instance, in 2023, the organization reported $21,595 in revenue against $40,708 in expenses, leading to a deficit. This pattern was also observed in 2019, 2018, 2016, and 2014. While there have been periods of surplus, such as in 2022 ($106,624 revenue vs. $97,061 expenses) and 2021 ($93,537 revenue vs. $89,120 expenses), the overall financial stability appears inconsistent. The organization's assets are relatively low compared to its revenue, with current assets at $36,717 against a latest revenue of $246,135, suggesting limited reserves.

The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence. The organization's liabilities have also remained relatively low, peaking at $4,293 in 2023, which suggests responsible debt management. 

In terms of transparency, the organization has a consistent filing history with 13 IRS 990 filings, demonstrating adherence to reporting requirements. The absence of officer compensation is a strong indicator of volunteer leadership, which can be viewed positively by donors. However, without more granular expense data, a complete picture of spending efficiency and program impact remains somewhat obscured.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.