Carolina Voices Inc
EIN: 560810412 · Charlotte, NC · NTEE: A6BZ
| Metric | Value |
|---|---|
| Total Revenue | $346K |
| Total Expenses | $300K |
| Net Assets | $128K |
Is Carolina Voices 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 Voices Inc
Carolina Voices Inc (EIN: 560810412) is a nonprofit organization based in Charlotte, NC, classified under NTEE code A6BZ. The organization reported total revenue of $346K and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Voices Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Voices Inc is a small nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $346K |
| Total Expenses | $300K |
| Surplus / Deficit | +$46K |
| Total Assets | $131K |
| Total Liabilities | $3K |
| Net Assets | $128K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2024, Carolina Voices Inc reported a surplus of $46K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Carolina Voices Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.3% | -2.9% | +54.0% |
| 2023 | +37.2% | +30.0% | -25.9% |
| 2022 | +32.7% | +80.7% | -12.1% |
| 2021 | -28.2% | -27.9% | +23.5% |
| 2020 | -30.3% | -40.1% | +57.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1958 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Voices 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 Voices 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Carolina Voices Inc
Is Carolina Voices Inc a legitimate charity?
Carolina Voices Inc (EIN: 560810412) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $346K. No red flags identified. Financial health grade: A.
How does Carolina Voices Inc spend its money?
Carolina Voices Inc reported $346K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carolina Voices Inc tax-deductible?
Carolina Voices Inc is registered as a tax-exempt nonprofit (EIN: 560810412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Voices Inc located?
Carolina Voices Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 560810412. It is classified under NTEE code A6BZ.
How many years of IRS 990 filings does Carolina Voices Inc have?
Carolina Voices Inc has 13 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 $346K in total revenue.
Filing History
IRS 990 filing history for Carolina Voices Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Carolina Voices Inc's revenue has grown by 39.3%, moving from $248K to $346K. Total assets increased by 341.1% over the same period, from $30K to $131K. Total functional expenses rose by 22.9%, from $244K to $300K. In its most recent filing year (2024), Carolina Voices Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $3K in liabilities against $131K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $346K | $300K | $131K | $3K | — | — |
| 2023 | $290K | $309K | $85K | $3K | — | — |
| 2022 | $211K | $238K | $115K | $13K | — | View 990 |
| 2021 | $159K | $132K | $130K | $8K | — | — |
| 2020 | $222K | $183K | $106K | $10K | — | View 990 |
| 2019 | $318K | $305K | $67K | $11K | — | View 990 |
| 2018 | $314K | $312K | $52K | $9K | — | View 990 |
| 2017 | $338K | $330K | $57K | $15K | — | View 990 |
| 2016 | $316K | $307K | $50K | $16K | — | View 990 |
| 2015 | $303K | $286K | $51K | $20K | — | View 990 |
| 2014 | $277K | $271K | $37K | $23K | — | View 990 |
| 2013 | $270K | $264K | $33K | $28K | — | View 990 |
| 2012 | $248K | $244K | $30K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $346K, expenses of $300K, and assets of $131K (revenue +19.3% year-over-year).
- 2023: Revenue of $290K, expenses of $309K, and assets of $85K (revenue +37.2% year-over-year).
- 2022: Revenue of $211K, expenses of $238K, and assets of $115K (revenue +32.7% year-over-year).
- 2021: Revenue of $159K, expenses of $132K, and assets of $130K (revenue -28.2% year-over-year).
- 2020: Revenue of $222K, expenses of $183K, and assets of $106K (revenue -30.3% year-over-year).
- 2019: Revenue of $318K, expenses of $305K, and assets of $67K (revenue +1.3% year-over-year).
- 2018: Revenue of $314K, expenses of $312K, and assets of $52K (revenue -7.1% year-over-year).
- 2017: Revenue of $338K, expenses of $330K, and assets of $57K (revenue +7.0% year-over-year).
- 2016: Revenue of $316K, expenses of $307K, and assets of $50K (revenue +4.0% year-over-year).
- 2015: Revenue of $303K, expenses of $286K, and assets of $51K (revenue +9.4% year-over-year).
- 2014: Revenue of $277K, expenses of $271K, and assets of $37K (revenue +2.7% year-over-year).
- 2013: Revenue of $270K, expenses of $264K, and assets of $33K (revenue +9.0% year-over-year).
- 2012: Revenue of $248K, expenses of $244K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Voices Inc:
Data Sources and Methodology
This transparency report for Carolina Voices 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.