Bmw Car Club Of America Inc
BMW Car Club of America Inc. shows consistent revenue and no officer compensation, despite occasional operating deficits.
EIN: 202996713 · Greer, SC · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $6.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $781K |
| Transparency Score | 85/100 |
Is Bmw Car Club Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bmw Car Club Of America Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bmw Car Club Of America Inc
Bmw Car Club Of America Inc (EIN: 202996713) is a nonprofit organization based in Greer, SC, classified under NTEE code N50. The organization reported total revenue of $5.4M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bmw Car Club Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bmw Car Club Of America Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $6.0M |
| Surplus / Deficit | $-584,447 |
| Total Assets | $4.7M |
| Total Liabilities | $3.9M |
| Net Assets | $781K |
| Operating Margin | -10.7% |
| Debt-to-Asset Ratio | 83.5% |
| Months of Reserves | 9.4 months |
Financial Health Grade: C
In 2022, Bmw Car Club Of America Inc reported a deficit of $584K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 83.5% (high leverage).
Financial Trends
Over 13 years of filings (2010–2022), Bmw Car Club Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +13.1% | +36.0% | -13.9% |
| 2021 | +1.8% | -7.3% | -5.0% |
| 2020 | -15.6% | -24.1% | +2.5% |
| 2019 | -11.9% | +4.0% | +2.2% |
| 2018 | +18.7% | +6.1% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bmw Car Club Of America Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bmw Car Club Of America Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $584K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or are compensated through other means not categorized as officer compensation, which is highly favorable for an organization of its size with revenues exceeding $5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bmw Car Club Of America Inc's IRS 990 filings:
- Occasional operating deficits (e.g., $584,447 in 2022, $695,735 in 2019) suggest that expenses sometimes outpace revenue.
Strengths
The following positive indicators were identified for Bmw Car Club Of America Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Healthy asset-to-liability ratio, with assets of $4,727,624 significantly exceeding liabilities of $3,946,194 in 2022.
- Long and consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
- Stable revenue base, consistently above $4.7 million over the past decade.
Frequently Asked Questions about Bmw Car Club Of America Inc
Is Bmw Car Club Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bmw Car Club Of America Inc (EIN: 202996713) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bmw Car Club Of America Inc spend its money?
Bmw Car Club Of America Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bmw Car Club Of America Inc tax-deductible?
Bmw Car Club Of America Inc is registered as a tax-exempt nonprofit (EIN: 202996713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bmw Car Club Of America Inc CEO make?
Bmw Car Club Of America Inc's highest-compensated officer earns $5 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bmw Car Club Of America Inc's spending goes to programs?
Bmw Car Club Of America Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bmw Car Club Of America Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bmw Car Club Of America Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bmw Car Club Of America Inc located?
Bmw Car Club Of America Inc is headquartered in Greer, South Carolina and files with the IRS under EIN 202996713. It is classified under NTEE code N50.
How many years of IRS 990 filings does Bmw Car Club Of America Inc have?
Bmw Car Club Of America Inc has 13 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 $5.4M in total revenue.
Is BMW Car Club of America Inc. financially stable?
Yes, despite occasional operating deficits (e.g., $584,447 in 2022), the organization maintains a strong asset base ($4,727,624 in 2022) that exceeds its liabilities ($3,946,194), indicating good financial stability.
How does the organization manage executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-driven leadership or that executive roles are compensated through other means not classified as officer compensation, which is a positive sign for resource allocation.
Has the organization experienced growth in recent years?
Revenue has fluctuated, peaking at $6,359,719 in 2018 and most recently at $5,441,837 in 2022, indicating a relatively stable but not consistently growing revenue stream over the past decade.
Filing History
IRS 990 filing history for Bmw Car Club Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Bmw Car Club Of America Inc's revenue has grown by 15%, moving from $4.7M to $5.4M. Total assets increased by 35% over the same period, from $3.5M to $4.7M. Total functional expenses rose by 31.3%, from $4.6M to $6.0M. In its most recent filing year (2022), Bmw Car Club Of America Inc reported a deficit of $584K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $4.7M in assets (debt-to-asset ratio: 83.5%), resulting in net assets of $781K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5.4M | $6.0M | $4.7M | $3.9M | — | View 990 |
| 2021 | $4.8M | $4.4M | $5.5M | $4.1M | — | View 990 |
| 2020 | $4.7M | $4.8M | $5.8M | $4.8M | — | View 990 |
| 2019 | $5.6M | $6.3M | $5.6M | $4.6M | — | View 990 |
| 2018 | $6.4M | $6.1M | $5.5M | $3.8M | — | View 990 |
| 2017 | $5.4M | $5.7M | $4.7M | $3.2M | — | View 990 |
| 2016 | $6.0M | $5.6M | $5.1M | $3.3M | — | View 990 |
| 2015 | $5.5M | $5.2M | $5.0M | $3.5M | — | View 990 |
| 2014 | $5.1M | $5.0M | $4.5M | $3.3M | — | View 990 |
| 2013 | $5.6M | $5.4M | $4.6M | $3.6M | — | View 990 |
| 2012 | $5.3M | $5.2M | $4.3M | $3.4M | — | View 990 |
| 2011 | $5.0M | $4.8M | $4.1M | $3.3M | — | View 990 |
| 2010 | $4.7M | $4.6M | $3.5M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5.4M, expenses of $6.0M, and assets of $4.7M (revenue +13.1% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.4M, and assets of $5.5M (revenue +1.8% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.8M, and assets of $5.8M (revenue -15.6% year-over-year).
- 2019: Revenue of $5.6M, expenses of $6.3M, and assets of $5.6M (revenue -11.9% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.1M, and assets of $5.5M (revenue +18.7% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.7M, and assets of $4.7M (revenue -10.8% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.6M, and assets of $5.1M (revenue +9.8% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.2M, and assets of $5.0M (revenue +7.3% year-over-year).
- 2014: Revenue of $5.1M, expenses of $5.0M, and assets of $4.5M (revenue -8.2% year-over-year).
- 2013: Revenue of $5.6M, expenses of $5.4M, and assets of $4.6M (revenue +5.2% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.2M, and assets of $4.3M (revenue +6.5% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.8M, and assets of $4.1M (revenue +4.7% year-over-year).
- 2010: Revenue of $4.7M, expenses of $4.6M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bmw Car Club Of America Inc:
Data Sources and Methodology
This transparency report for Bmw Car Club Of America 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.