Carolina Waterfowl Rescue
Carolina Waterfowl Rescue shows strong revenue growth and zero reported officer compensation, with a slight deficit in the latest fiscal year.
EIN: 201938232 · Indian Trail, NC · NTEE: D20 · Updated: 2026-03-28
Is Carolina Waterfowl Rescue Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carolina Waterfowl Rescue directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carolina Waterfowl Rescue
Carolina Waterfowl Rescue (EIN: 201938232) is a nonprofit organization based in Indian Trail, NC, classified under NTEE code D20. The organization reported total revenue of $774K and total assets of $372K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Waterfowl Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Waterfowl Rescue is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $954K |
| Total Expenses | $990K |
| Surplus / Deficit | $-36,246 |
| Total Assets | $475K |
| Net Assets | $475K |
| Operating Margin | -3.8% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Carolina Waterfowl Rescue reported a deficit of $36K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2013–2023), Carolina Waterfowl Rescue's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +33.6% | -7.1% |
| 2022 | +6.7% | -4.4% | +1.3% |
| 2021 | -6.8% | +14.9% | +10.9% |
| 2020 | +31.1% | +37.1% | -29.4% |
| 2019 | +13.2% | -2.1% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Waterfowl Rescue 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Carolina Waterfowl Rescue allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
Executive Compensation Analysis
Carolina Waterfowl Rescue consistently reports 0% officer compensation across all 11 available IRS 990 filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is highly commendable for an organization of its size with nearly $1 million in annual revenue.
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 Waterfowl Rescue's IRS 990 filings:
- Expenses slightly exceeded revenue in the latest fiscal year (2023), resulting in a small operating deficit.
Strengths
The following positive indicators were identified for Carolina Waterfowl Rescue:
- Consistent and significant revenue growth over the past decade, from $113,781 in 2014 to $953,701 in 2023.
- Zero reported officer compensation across all 11 available IRS 990 filings, indicating strong commitment to mission-focused spending.
- Zero reported liabilities in recent fiscal years (2021-2023), demonstrating excellent financial health and lack of debt.
- Consistent filing of IRS 990s for 11 periods, showing strong transparency and regulatory compliance.
- Substantial growth in assets, reaching $474,822 in 2023.
Frequently Asked Questions about Carolina Waterfowl Rescue
Is Carolina Waterfowl Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Waterfowl Rescue (EIN: 201938232) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Carolina Waterfowl Rescue spend its money?
Carolina Waterfowl Rescue directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carolina Waterfowl Rescue tax-deductible?
Carolina Waterfowl Rescue is registered as a tax-exempt nonprofit (EIN: 201938232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Carolina Waterfowl Rescue a good charity?
Based on the available IRS 990 data, Carolina Waterfowl Rescue appears to be a very good charity. They demonstrate strong financial growth, excellent transparency with 0% reported officer compensation, and a consistent history of compliance. Their program spending is estimated to be high, indicating efficient use of funds towards their mission.
How has Carolina Waterfowl Rescue's revenue changed over time?
Carolina Waterfowl Rescue has experienced significant revenue growth, increasing from $113,781 in 2014 to $953,701 in 2023, demonstrating a strong upward trend in financial support.
Does Carolina Waterfowl Rescue have any debt?
No, Carolina Waterfowl Rescue has reported $0 in liabilities for the fiscal periods ending 2021, 2022, and 2023, indicating a debt-free status in recent years.
Filing History
IRS 990 filing history for Carolina Waterfowl Rescue showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Carolina Waterfowl Rescue's revenue has grown by 197.2%, moving from $321K to $954K. Total assets increased by 85.3% over the same period, from $256K to $475K. Total functional expenses rose by 1270%, from $72K to $990K. In its most recent filing year (2023), Carolina Waterfowl Rescue reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $954K | $990K | $475K | $0 | — | View 990 |
| 2022 | $747K | $741K | $511K | $0 | — | — |
| 2021 | $701K | $775K | $505K | $0 | — | View 990 |
| 2020 | $751K | $674K | $455K | $36K | — | — |
| 2019 | $573K | $492K | $645K | $18K | — | View 990 |
| 2018 | $506K | $503K | $559K | $19K | — | View 990 |
| 2017 | $480K | $284K | $508K | $4K | — | View 990 |
| 2016 | $247K | $212K | $310K | $3K | — | View 990 |
| 2015 | $152K | $136K | $272K | $152 | — | View 990 |
| 2014 | $114K | $114K | $256K | $0 | — | View 990 |
| 2013 | $321K | $72K | $256K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $954K, expenses of $990K, and assets of $475K (revenue +27.6% year-over-year).
- 2022: Revenue of $747K, expenses of $741K, and assets of $511K (revenue +6.7% year-over-year).
- 2021: Revenue of $701K, expenses of $775K, and assets of $505K (revenue -6.8% year-over-year).
- 2020: Revenue of $751K, expenses of $674K, and assets of $455K (revenue +31.1% year-over-year).
- 2019: Revenue of $573K, expenses of $492K, and assets of $645K (revenue +13.2% year-over-year).
- 2018: Revenue of $506K, expenses of $503K, and assets of $559K (revenue +5.4% year-over-year).
- 2017: Revenue of $480K, expenses of $284K, and assets of $508K (revenue +94.6% year-over-year).
- 2016: Revenue of $247K, expenses of $212K, and assets of $310K (revenue +62.6% year-over-year).
- 2015: Revenue of $152K, expenses of $136K, and assets of $272K (revenue +33.4% year-over-year).
- 2014: Revenue of $114K, expenses of $114K, and assets of $256K (revenue -64.5% year-over-year).
- 2013: Revenue of $321K, expenses of $72K, and assets of $256K.
Data Sources and Methodology
This transparency report for Carolina Waterfowl Rescue 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.