Blue Ridge Corridor Alliance Inc
EIN: 471697576 · Raleigh, NC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $116K |
| Net Assets | $71K |
Is Blue Ridge Corridor Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blue Ridge Corridor Alliance Inc
Blue Ridge Corridor Alliance Inc (EIN: 471697576) is a nonprofit organization based in Raleigh, NC, classified under NTEE code S20. The organization reported total revenue of $207K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Ridge Corridor Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Ridge Corridor Alliance Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $116K |
| Surplus / Deficit | $-6,806 |
| Total Assets | $71K |
| Net Assets | $71K |
| Operating Margin | -6.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Blue Ridge Corridor Alliance Inc reported a deficit of $7K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Blue Ridge Corridor Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | -2.3% | -12.5% |
| 2022 | +3.4% | +18.3% | -9.4% |
| 2021 | +9.2% | -1.8% | +3.3% |
| 2020 | -1.1% | +8.2% | -6.4% |
| 2019 | +16.2% | +22.0% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blue Ridge Corridor Alliance Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Ridge Corridor Alliance Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Blue Ridge Corridor Alliance Inc
Is Blue Ridge Corridor Alliance Inc a legitimate charity?
Blue Ridge Corridor Alliance Inc (EIN: 471697576) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $207K. No red flags identified. Financial health grade: B.
How does Blue Ridge Corridor Alliance Inc spend its money?
Blue Ridge Corridor Alliance Inc reported $207K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blue Ridge Corridor Alliance Inc tax-deductible?
Blue Ridge Corridor Alliance Inc is registered as a tax-exempt nonprofit (EIN: 471697576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blue Ridge Corridor Alliance Inc located?
Blue Ridge Corridor Alliance Inc is headquartered in Raleigh, North Carolina and files with the IRS under EIN 471697576. It is classified under NTEE code S20.
How many years of IRS 990 filings does Blue Ridge Corridor Alliance Inc have?
Blue Ridge Corridor Alliance Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $207K in total revenue.
Filing History
IRS 990 filing history for Blue Ridge Corridor Alliance Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Blue Ridge Corridor Alliance Inc's revenue has grown by 89%, moving from $58K to $109K. Total assets increased by 77.6% over the same period, from $40K to $71K. Total functional expenses rose by 569.3%, from $17K to $116K. In its most recent filing year (2023), Blue Ridge Corridor Alliance Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $116K | $71K | $0 | — | View 990 |
| 2022 | $109K | $118K | $82K | $3K | — | View 990 |
| 2021 | $105K | $100K | $90K | $2K | — | — |
| 2020 | $96K | $102K | $87K | $4K | — | View 990 |
| 2019 | $97K | $94K | $93K | $5K | — | View 990 |
| 2018 | $84K | $77K | $86K | $100 | — | View 990 |
| 2017 | $49K | $72K | $79K | $0 | — | View 990 |
| 2016 | $109K | $48K | $102K | $0 | — | View 990 |
| 2015 | $58K | $17K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $116K, and assets of $71K (revenue +0.1% year-over-year).
- 2022: Revenue of $109K, expenses of $118K, and assets of $82K (revenue +3.4% year-over-year).
- 2021: Revenue of $105K, expenses of $100K, and assets of $90K (revenue +9.2% year-over-year).
- 2020: Revenue of $96K, expenses of $102K, and assets of $87K (revenue -1.1% year-over-year).
- 2019: Revenue of $97K, expenses of $94K, and assets of $93K (revenue +16.2% year-over-year).
- 2018: Revenue of $84K, expenses of $77K, and assets of $86K (revenue +69.7% year-over-year).
- 2017: Revenue of $49K, expenses of $72K, and assets of $79K (revenue -54.9% year-over-year).
- 2016: Revenue of $109K, expenses of $48K, and assets of $102K (revenue +90.0% year-over-year).
- 2015: Revenue of $58K, expenses of $17K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Ridge Corridor Alliance Inc:
Data Sources and Methodology
This transparency report for Blue Ridge Corridor Alliance Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.