Cape Fear River Watch
EIN: 582121884 · Wilmington, NC · NTEE: C012
Is Cape Fear River Watch Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cape Fear River Watch
Cape Fear River Watch (EIN: 582121884) is a nonprofit organization based in Wilmington, NC, classified under NTEE code C012. The organization reported total revenue of $478K and total assets of $801K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Fear River Watch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cape Fear River Watch is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $829K |
| Total Expenses | $560K |
| Surplus / Deficit | +$270K |
| Total Assets | $857K |
| Total Liabilities | $21K |
| Net Assets | $836K |
| Operating Margin | 32.5% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Cape Fear River Watch reported a surplus of $270K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cape Fear River Watch's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | -26.5% | +26.8% |
| 2022 | -58.0% | -55.3% | -8.7% |
| 2021 | +236.9% | +246.6% | -45.9% |
| 2020 | -0.1% | -3.3% | +17.8% |
| 2019 | -19.9% | -22.1% | +292.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cape Fear River Watch 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 Cape Fear River Watch 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 surplus of $270K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Cape Fear River Watch
Is Cape Fear River Watch a legitimate charity?
Based on AI analysis of IRS 990 filings, Cape Fear River Watch (EIN: 582121884) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cape Fear River Watch spend its money?
Detailed spending breakdown data is not yet available for Cape Fear River Watch. Check back for updated IRS 990 analysis.
Are donations to Cape Fear River Watch tax-deductible?
Cape Fear River Watch is registered as a tax-exempt nonprofit (EIN: 582121884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cape Fear River Watch showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cape Fear River Watch's revenue has grown by 246.4%, moving from $239K to $829K. Total assets increased by 251.6% over the same period, from $244K to $857K. Total functional expenses rose by 180.8%, from $199K to $560K. In its most recent filing year (2023), Cape Fear River Watch reported a surplus of $270K, with revenue exceeding expenses. The organization holds $21K in liabilities against $857K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $836K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $829K | $560K | $857K | $21K | — | — |
| 2022 | $783K | $761K | $676K | $115K | — | View 990 |
| 2021 | $1.9M | $1.7M | $740K | $197K | — | View 990 |
| 2020 | $553K | $492K | $1.4M | $985K | — | — |
| 2019 | $554K | $508K | $1.2M | $839K | — | View 990 |
| 2018 | $691K | $652K | $296K | $19K | — | View 990 |
| 2017 | $496K | $479K | $305K | $66K | — | View 990 |
| 2016 | $346K | $393K | $266K | $43K | — | View 990 |
| 2015 | $344K | $309K | $317K | $48K | — | View 990 |
| 2014 | $305K | $279K | $297K | $63K | — | View 990 |
| 2013 | $262K | $270K | $265K | $57K | — | View 990 |
| 2012 | $299K | $263K | $277K | $61K | — | View 990 |
| 2011 | $239K | $199K | $244K | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $829K, expenses of $560K, and assets of $857K (revenue +5.9% year-over-year).
- 2022: Revenue of $783K, expenses of $761K, and assets of $676K (revenue -58.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.7M, and assets of $740K (revenue +236.9% year-over-year).
- 2020: Revenue of $553K, expenses of $492K, and assets of $1.4M (revenue -0.1% year-over-year).
- 2019: Revenue of $554K, expenses of $508K, and assets of $1.2M (revenue -19.9% year-over-year).
- 2018: Revenue of $691K, expenses of $652K, and assets of $296K (revenue +39.3% year-over-year).
- 2017: Revenue of $496K, expenses of $479K, and assets of $305K (revenue +43.4% year-over-year).
- 2016: Revenue of $346K, expenses of $393K, and assets of $266K (revenue +0.6% year-over-year).
- 2015: Revenue of $344K, expenses of $309K, and assets of $317K (revenue +12.8% year-over-year).
- 2014: Revenue of $305K, expenses of $279K, and assets of $297K (revenue +16.3% year-over-year).
- 2013: Revenue of $262K, expenses of $270K, and assets of $265K (revenue -12.4% year-over-year).
- 2012: Revenue of $299K, expenses of $263K, and assets of $277K (revenue +25.0% year-over-year).
- 2011: Revenue of $239K, expenses of $199K, and assets of $244K.
Data Sources and Methodology
This transparency report for Cape Fear River Watch 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.