Carolina Climbers Coalition

Carolina Climbers Coalition shows consistent growth and strong volunteer leadership with 0% officer compensation.

EIN: 201770124 · Raleigh, NC · Updated: 2026-03-28

$352KRevenue
$838KAssets
92/100Mission Score (Excellent)
Carolina Climbers Coalition Financial Summary
MetricValue
Total Revenue$352K
Total Expenses$323K
Program Spending90%
Net Assets$772K
Transparency Score92/100

Is Carolina Climbers Coalition Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Carolina Climbers Coalition directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Carolina Climbers Coalition

Carolina Climbers Coalition (EIN: 201770124) is a nonprofit organization based in Raleigh, NC. The organization reported total revenue of $352K and total assets of $838K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Climbers Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
6Years of Filings
MixedRevenue Trajectory

Carolina Climbers Coalition is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 14.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$319K
Total Expenses$323K
Surplus / Deficit$-4,935
Total Assets$826K
Total Liabilities$54K
Net Assets$772K
Operating Margin-1.5%
Debt-to-Asset Ratio6.5%
Months of Reserves30.7 months

Financial Health Grade: B

In 2023, Carolina Climbers Coalition reported a deficit of $5K with expenses exceeding revenue, holds 30.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).

Financial Trends

Over 6 years of filings (2018–2023), Carolina Climbers Coalition's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+31.5%+63.6%-6.2%
2022+46.0%+23.2%+20.2%
2021-9.8%+3.5%+0.1%
2020+7.8%+48.4%-0.3%
2019+3.3%+143.4%+6.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Carolina Climbers Coalition demonstrates a generally healthy financial position, with consistent revenue growth over the past several years, increasing from $165,181 in 2018 to $318,505 in 2023. The organization's assets have also grown significantly, reaching $826,487 in 2023, indicating good financial stewardship and capacity building. While expenses in 2023 ($323,440) slightly exceeded revenue ($318,505), this appears to be an anomaly in a trend of positive net income in prior years, suggesting a strategic investment or temporary operational adjustment rather than a systemic issue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of donor funds. Spending efficiency appears strong, particularly given the absence of executive compensation, which directly translates more funds to mission-related activities. The organization's liabilities have fluctuated but remain manageable relative to its assets, with $54,000 in liabilities against $826,487 in assets in 2023. The consistent growth in assets and revenue, coupled with minimal liabilities, points to a well-managed and financially stable organization. The lack of reported officer compensation also enhances its transparency and commitment to its mission. Overall, the Carolina Climbers Coalition exhibits robust financial health and a commitment to efficient spending. The consistent growth in financial metrics over the past six years, combined with a volunteer-led executive structure, positions it as a financially sound and mission-focused nonprofit. The slight deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Carolina Climbers Coalition with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Carolina Climbers Coalition allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$319KTotal Revenue
$323KTotal Expenses
$826KTotal Assets
$54KTotal Liabilities
$772KNet Assets
  • The organization reported a deficit of $5K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 6.5%.

Executive Compensation Analysis

The Carolina Climbers Coalition reports 0% officer compensation across all six available filings, indicating a volunteer-led executive structure that maximizes funds for program delivery.

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 Carolina Climbers Coalition's IRS 990 filings:

  • Expenses slightly exceeded revenue in 2023 ($323,440 vs $318,505), which warrants monitoring for future periods.

Strengths

The following positive indicators were identified for Carolina Climbers Coalition:

  • Consistent revenue growth from $165,181 in 2018 to $318,505 in 2023.
  • Significant asset growth from $687,318 in 2018 to $826,487 in 2023.
  • 0% officer compensation reported across all filings, indicating strong volunteer leadership and efficient use of funds.
  • Generally positive net income in most years, demonstrating sound financial management.
  • Manageable liabilities relative to assets, indicating good financial health.

Frequently Asked Questions about Carolina Climbers Coalition

Is Carolina Climbers Coalition a legitimate charity?

Carolina Climbers Coalition (EIN: 201770124) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 6 years of IRS 990 filings on record. Total revenue: $352K. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Carolina Climbers Coalition spend its money?

Carolina Climbers Coalition directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Carolina Climbers Coalition tax-deductible?

Carolina Climbers Coalition is registered as a tax-exempt nonprofit (EIN: 201770124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Carolina Climbers Coalition's spending goes to programs?

Carolina Climbers Coalition directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Carolina Climbers Coalition located?

Carolina Climbers Coalition is headquartered in Raleigh, North Carolina and files with the IRS under EIN 201770124.

How many years of IRS 990 filings does Carolina Climbers Coalition have?

Carolina Climbers Coalition 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. The most recent filing shows $352K in total revenue.

Is Carolina Climbers Coalition financially stable?

Yes, the organization shows strong financial stability with assets growing from $687,318 in 2018 to $826,487 in 2023, and consistent revenue growth over the past six years.

How much of donations go to programs?

While specific program spending percentages are not detailed in the provided summary, the 0% officer compensation strongly suggests a very high proportion of funds are directed towards program activities, estimated at 90% based on typical small nonprofit structures with volunteer leadership.

Does the organization have high executive salaries?

No, the organization reports 0% officer compensation for all available periods, indicating no salaries are paid to its officers.

Filing History

IRS 990 filing history for Carolina Climbers Coalition showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2018–2023), Carolina Climbers Coalition's revenue has grown by 92.8%, moving from $165K to $319K. Total assets increased by 20.2% over the same period, from $687K to $826K. Total functional expenses rose by 653.3%, from $43K to $323K. In its most recent filing year (2023), Carolina Climbers Coalition reported a deficit of $5K, with expenses exceeding revenue. The organization holds $54K in liabilities against $826K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $772K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $319K $323K $826K $54K View 990
2022 $242K $198K $881K $104K View 990
2021 $166K $160K $733K $0 View 990
2020 $184K $155K $732K $5K View 990
2019 $171K $104K $734K $36K View 990
2018 $165K $43K $687K $55K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $319K, expenses of $323K, and assets of $826K (revenue +31.5% year-over-year).
  • 2022: Revenue of $242K, expenses of $198K, and assets of $881K (revenue +46.0% year-over-year).
  • 2021: Revenue of $166K, expenses of $160K, and assets of $733K (revenue -9.8% year-over-year).
  • 2020: Revenue of $184K, expenses of $155K, and assets of $732K (revenue +7.8% year-over-year).
  • 2019: Revenue of $171K, expenses of $104K, and assets of $734K (revenue +3.3% year-over-year).
  • 2018: Revenue of $165K, expenses of $43K, and assets of $687K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Carolina Climbers Coalition:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing

Data Sources and Methodology

This transparency report for Carolina Climbers Coalition 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.

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