Carolina Bronze
Carolina Bronze maintains stable finances with growing assets and no executive compensation.
EIN: 20577449 · Taylors, SC · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $7K |
| Program Spending | 85% |
| Net Assets | $50K |
| Transparency Score | 85/100 |
Is Carolina Bronze Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carolina Bronze directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carolina Bronze
Carolina Bronze (EIN: 20577449) is a nonprofit organization based in Taylors, SC, classified under NTEE code A68. The organization reported total revenue of $7K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Bronze's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Bronze is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $7K |
| Surplus / Deficit | +$3K |
| Total Assets | $50K |
| Net Assets | $50K |
| Operating Margin | 27.9% |
| Months of Reserves | 89.5 months |
Financial Health Grade: A
In 2024, Carolina Bronze reported a surplus of $3K with revenue exceeding expenses, holds 89.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2015–2024), Carolina Bronze's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +139.5% | +20.1% | +14.2% |
| 2023 | +18.6% | +66.3% | +2.4% |
| 2022 | -54.0% | +32.2% | +1.1% |
| 2021 | +303.8% | -33.4% | +16.2% |
| 2020 | -83.5% | -75.7% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Carolina Bronze 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Carolina Bronze allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-led at the executive level, which is highly commendable for an organization of its size.
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.
Strengths
The following positive indicators were identified for Carolina Bronze:
- Consistent zero officer compensation, indicating volunteer leadership.
- Steady growth in assets, from $9,564 in 2015 to $50,304 in 2024.
- Zero reported liabilities across all filings, demonstrating strong financial management.
- Consistent IRS 990 filings, indicating good transparency.
- Operating with a surplus in the latest period (Revenue $9,354 vs. Expenses $6,747).
Frequently Asked Questions about Carolina Bronze
Is Carolina Bronze a legitimate charity?
Carolina Bronze (EIN: 20577449) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Carolina Bronze spend its money?
Carolina Bronze directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Carolina Bronze tax-deductible?
Carolina Bronze is registered as a tax-exempt nonprofit (EIN: 20577449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Carolina Bronze compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Carolina Bronze is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carolina Bronze located?
Carolina Bronze is headquartered in Taylors, South Carolina and files with the IRS under EIN 20577449. It is classified under NTEE code A68.
How many years of IRS 990 filings does Carolina Bronze have?
Carolina Bronze has 10 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 $7K in total revenue.
Is Carolina Bronze a good charity?
Based on the available financial data, Carolina Bronze appears to be a well-managed small charity. It consistently reports zero officer compensation, has no liabilities, and has shown steady asset growth, indicating financial stability and a strong commitment to its mission without high overhead.
How has Carolina Bronze's financial health changed over time?
Carolina Bronze's financial health has generally improved over time. Its assets have grown from $9,564 in 2015 to $50,304 in 2024, and it consistently maintains zero liabilities. While revenue and expenses fluctuate, the overall trend shows increasing financial stability and resource accumulation.
What is the organization's approach to executive compensation?
Carolina Bronze has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all ten years of filings. This indicates a volunteer-driven leadership model.
Does Carolina Bronze have any debt?
No, Carolina Bronze consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates without debt.
How efficient is Carolina Bronze with its spending?
While a detailed breakdown of program vs. administrative spending isn't provided, the consistent reporting of zero officer compensation strongly suggests high spending efficiency, as no funds are diverted to executive salaries. This implies a greater proportion of expenses are likely directed towards program activities or essential operations.
Filing History
IRS 990 filing history for Carolina Bronze showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Carolina Bronze's revenue has declined by 10.5%, moving from $10K to $9K. Total assets increased by 426% over the same period, from $10K to $50K. Total functional expenses rose by 9.7%, from $6K to $7K. In its most recent filing year (2024), Carolina Bronze reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9K | $7K | $50K | $0 | — | — |
| 2023 | $4K | $6K | $44K | $0 | — | View 990 |
| 2022 | $3K | $3K | $43K | $0 | — | View 990 |
| 2021 | $7K | $3K | $43K | $0 | — | — |
| 2020 | $2K | $4K | $37K | $0 | — | View 990 |
| 2019 | $11K | $16K | $38K | $0 | — | View 990 |
| 2018 | $16K | $9K | $31K | $0 | — | View 990 |
| 2017 | $12K | $13K | $21K | $0 | — | View 990 |
| 2016 | $10K | $15K | $17K | $0 | — | View 990 |
| 2015 | $10K | $6K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9K, expenses of $7K, and assets of $50K (revenue +139.5% year-over-year).
- 2023: Revenue of $4K, expenses of $6K, and assets of $44K (revenue +18.6% year-over-year).
- 2022: Revenue of $3K, expenses of $3K, and assets of $43K (revenue -54.0% year-over-year).
- 2021: Revenue of $7K, expenses of $3K, and assets of $43K (revenue +303.8% year-over-year).
- 2020: Revenue of $2K, expenses of $4K, and assets of $37K (revenue -83.5% year-over-year).
- 2019: Revenue of $11K, expenses of $16K, and assets of $38K (revenue -31.0% year-over-year).
- 2018: Revenue of $16K, expenses of $9K, and assets of $31K (revenue +33.8% year-over-year).
- 2017: Revenue of $12K, expenses of $13K, and assets of $21K (revenue +22.5% year-over-year).
- 2016: Revenue of $10K, expenses of $15K, and assets of $17K (revenue -9.0% year-over-year).
- 2015: Revenue of $10K, expenses of $6K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Bronze:
Data Sources and Methodology
This transparency report for Carolina Bronze 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.