Carolina Renegades Inc
EIN: 262808429 · Goose Creek, SC · NTEE: B90
Is Carolina Renegades Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Renegades Inc
Carolina Renegades Inc (EIN: 262808429) is a nonprofit organization based in Goose Creek, SC, classified under NTEE code B90. The organization reported total revenue of $139K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Renegades Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Renegades Inc is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $111K |
| Surplus / Deficit | +$29K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 20.6% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2021, Carolina Renegades Inc reported a surplus of $29K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Carolina Renegades Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +66.6% | +19.3% | +78.5% |
| 2020 | -43.8% | -17.4% | -20.0% |
| 2019 | +80.8% | -2.7% | +243.1% |
| 2018 | -34.8% | +4.8% | -71.2% |
| 2017 | +22.9% | +15.8% | +69.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Renegades 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 Carolina Renegades 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
Frequently Asked Questions about Carolina Renegades Inc
Is Carolina Renegades Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Renegades Inc (EIN: 262808429) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carolina Renegades Inc spend its money?
Detailed spending breakdown data is not yet available for Carolina Renegades Inc. Check back for updated IRS 990 analysis.
Are donations to Carolina Renegades Inc tax-deductible?
Carolina Renegades Inc is registered as a tax-exempt nonprofit (EIN: 262808429). 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 Carolina Renegades Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Carolina Renegades Inc's revenue has grown by 170%, moving from $52K to $139K. Total assets increased by 26.2% over the same period, from $52K to $65K. Total functional expenses rose by 129%, from $48K to $111K. In its most recent filing year (2021), Carolina Renegades Inc reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $139K | $111K | $65K | $0 | — | — |
| 2020 | $84K | $93K | $37K | $0 | — | View 990 |
| 2019 | $149K | $112K | $46K | $0 | — | View 990 |
| 2018 | $82K | $115K | $13K | $4K | — | View 990 |
| 2017 | $126K | $110K | $46K | $4K | — | View 990 |
| 2016 | $103K | $95K | $27K | $1K | — | View 990 |
| 2015 | $110K | $110K | $18K | $0 | — | View 990 |
| 2014 | $86K | $71K | $19K | $0 | — | View 990 |
| 2012 | $37K | $38K | $34K | $0 | — | View 990 |
| 2011 | $52K | $48K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $139K, expenses of $111K, and assets of $65K (revenue +66.6% year-over-year).
- 2020: Revenue of $84K, expenses of $93K, and assets of $37K (revenue -43.8% year-over-year).
- 2019: Revenue of $149K, expenses of $112K, and assets of $46K (revenue +80.8% year-over-year).
- 2018: Revenue of $82K, expenses of $115K, and assets of $13K (revenue -34.8% year-over-year).
- 2017: Revenue of $126K, expenses of $110K, and assets of $46K (revenue +22.9% year-over-year).
- 2016: Revenue of $103K, expenses of $95K, and assets of $27K (revenue -6.2% year-over-year).
- 2015: Revenue of $110K, expenses of $110K, and assets of $18K (revenue +26.9% year-over-year).
- 2014: Revenue of $86K, expenses of $71K, and assets of $19K (revenue +134.8% year-over-year).
- 2012: Revenue of $37K, expenses of $38K, and assets of $34K (revenue -28.8% year-over-year).
- 2011: Revenue of $52K, expenses of $48K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Renegades Inc:
Data Sources and Methodology
This transparency report for Carolina Renegades 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.