Buncombe County Service Foundation Inc
EIN: 453323540 · Asheville, NC · NTEE: W99
| Metric | Value |
|---|---|
| Total Expenses | $2.6M |
| Net Assets | $982K |
Is Buncombe County Service Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Buncombe County Service Foundation Inc
Buncombe County Service Foundation Inc (EIN: 453323540) is a nonprofit organization based in Asheville, NC, classified under NTEE code W99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buncombe County Service Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buncombe County Service Foundation Inc is a mid-size nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 92.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$55K |
| Total Assets | $1.5M |
| Total Liabilities | $492K |
| Net Assets | $982K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2016, Buncombe County Service Foundation Inc reported a surplus of $55K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Buncombe County Service Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 92.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.1% | +29.3% | +22.4% |
| 2015 | +7151.1% | +258.5% | +230.1% |
| 2014 | -97.0% | -19.7% | -60.2% |
| 2013 | +319.5% | +3948.6% | +149.9% |
| 2012 | +186.0% | +698.3% | +274.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Buncombe County Service Foundation 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 Buncombe County Service Foundation 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.4%.
Frequently Asked Questions about Buncombe County Service Foundation Inc
Is Buncombe County Service Foundation Inc a legitimate charity?
Buncombe County Service Foundation Inc (EIN: 453323540) is a registered tax-exempt nonprofit based in North Carolina. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Buncombe County Service Foundation Inc spend its money?
Buncombe County Service Foundation Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Buncombe County Service Foundation Inc tax-deductible?
Buncombe County Service Foundation Inc is registered as a tax-exempt nonprofit (EIN: 453323540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Buncombe County Service Foundation Inc located?
Buncombe County Service Foundation Inc is headquartered in Asheville, North Carolina and files with the IRS under EIN 453323540. It is classified under NTEE code W99.
How many years of IRS 990 filings does Buncombe County Service Foundation Inc have?
Buncombe County Service Foundation Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Buncombe County Service Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Buncombe County Service Foundation Inc's revenue has grown by 2574.2%, moving from $100K to $2.7M. Total assets increased by 1406.8% over the same period, from $98K to $1.5M. Total functional expenses rose by 120172.5%, from $2K to $2.6M. In its most recent filing year (2016), Buncombe County Service Foundation Inc reported a surplus of $55K, with revenue exceeding expenses. The organization holds $492K in liabilities against $1.5M in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $982K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2.7M | $2.6M | $1.5M | $492K | — | View 990 |
| 2015 | $2.6M | $2.0M | $1.2M | $277K | — | View 990 |
| 2014 | $36K | $565K | $365K | $31K | — | View 990 |
| 2013 | $1.2M | $704K | $916K | $53K | — | View 990 |
| 2012 | $286K | $17K | $367K | $0 | — | View 990 |
| 2011 | $100K | $2K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $1.5M (revenue +2.1% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.0M, and assets of $1.2M (revenue +7151.1% year-over-year).
- 2014: Revenue of $36K, expenses of $565K, and assets of $365K (revenue -97.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $704K, and assets of $916K (revenue +319.5% year-over-year).
- 2012: Revenue of $286K, expenses of $17K, and assets of $367K (revenue +186.0% year-over-year).
- 2011: Revenue of $100K, expenses of $2K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buncombe County Service Foundation Inc:
Data Sources and Methodology
This transparency report for Buncombe County Service Foundation 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.