Caroline Calouche & Co
Caroline Calouche & Co maintains stable operations with tight margins and no reported officer compensation.
EIN: 203607784 · Charlotte, NC · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $550K |
| Total Expenses | $463K |
| Program Spending | 85% |
| Net Assets | $-50,903 |
| Transparency Score | 85/100 |
Is Caroline Calouche & Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caroline Calouche & Co directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caroline Calouche & Co
Caroline Calouche & Co (EIN: 203607784) is a nonprofit organization based in Charlotte, NC, classified under NTEE code A62. The organization reported total revenue of $550K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caroline Calouche & Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caroline Calouche & Co is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $469K |
| Total Expenses | $463K |
| Surplus / Deficit | +$6K |
| Total Assets | $15K |
| Total Liabilities | $66K |
| Net Assets | $-50,903 |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 438.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: B
In 2024, Caroline Calouche & Co reported a surplus of $6K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 438.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Caroline Calouche & Co's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.2% | -30.2% | -13.9% |
| 2023 | +4.7% | +20.4% | -72.6% |
| 2022 | +118.2% | +115.2% | +136.7% |
| 2021 | -8.5% | -15.3% | -16.2% |
| 2020 | +70.6% | +118.0% | +114.0% |
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 Caroline Calouche & Co 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Caroline Calouche & Co 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 438.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a strong commitment to directing all available funds towards programmatic activities, which is highly commendable for an organization of its size with revenues approaching half a million dollars.
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 Caroline Calouche & Co's IRS 990 filings:
- Low asset reserves relative to annual revenue, indicating limited financial cushion (e.g., $15,035 assets vs. $468,846 revenue in 202406)
- Occasional operating deficits (e.g., $45,207 deficit in 202306)
Strengths
The following positive indicators were identified for Caroline Calouche & Co:
- Consistent 0% officer compensation across all filings, demonstrating strong mission focus and efficient use of funds.
- Revenue growth over time, indicating increasing support and program reach (from $173,352 in 201906 to $468,846 in 202406).
- Generally operates near break-even, suggesting responsible financial management.
- Clear alignment between NTEE code (Performing Arts, Dance) and organizational name/mission.
Frequently Asked Questions about Caroline Calouche & Co
Is Caroline Calouche & Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Caroline Calouche & Co (EIN: 203607784) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Caroline Calouche & Co spend its money?
Caroline Calouche & Co directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caroline Calouche & Co tax-deductible?
Caroline Calouche & Co is registered as a tax-exempt nonprofit (EIN: 203607784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caroline Calouche & Co's spending goes to programs?
Caroline Calouche & Co directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caroline Calouche & Co compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Caroline Calouche & Co is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caroline Calouche & Co located?
Caroline Calouche & Co is headquartered in Charlotte, North Carolina and files with the IRS under EIN 203607784. It is classified under NTEE code A62.
How many years of IRS 990 filings does Caroline Calouche & Co have?
Caroline Calouche & Co has 14 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 $550K in total revenue.
Is Caroline Calouche & Co a good charity?
Based on the available data, Caroline Calouche & Co appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong dedication to its mission. While it operates with tight financial margins and low asset reserves, its revenue has shown growth, and it generally manages to cover its expenses.
Does Caroline Calouche & Co spend efficiently?
Yes, the organization appears to spend efficiently, particularly given its 0% officer compensation. While specific program vs. administrative spending ratios are not detailed in the provided summary, the lack of executive salaries suggests a high proportion of funds are likely directed to programs. The organization generally operates near break-even, indicating careful management of resources.
What are the financial risks for Caroline Calouche & Co?
The primary financial risks for Caroline Calouche & Co include low asset reserves relative to its annual operating budget, which could make it vulnerable to unexpected expenses or revenue shortfalls. For example, in 202406, assets were only $15,035 against revenues of $468,846. Periods of deficit, such as in 202306 where expenses exceeded revenue by over $45,000, also highlight this vulnerability.
Filing History
IRS 990 filing history for Caroline Calouche & Co showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Caroline Calouche & Co's revenue has grown by 420%, moving from $90K to $469K. Total assets increased by 183.8% over the same period, from $5K to $15K. Total functional expenses rose by 438.5%, from $86K to $463K. In its most recent filing year (2024), Caroline Calouche & Co reported a surplus of $6K, with revenue exceeding expenses. The organization holds $66K in liabilities against $15K in assets (debt-to-asset ratio: 438.6%), resulting in net assets of $-50,903.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $469K | $463K | $15K | $66K | — | — |
| 2023 | $618K | $664K | $17K | $37K | — | View 990 |
| 2022 | $591K | $551K | $64K | $23K | — | — |
| 2021 | $271K | $256K | $27K | $45K | — | View 990 |
| 2020 | $296K | $302K | $32K | $61K | — | View 990 |
| 2019 | $173K | $139K | $15K | $39K | — | View 990 |
| 2018 | $268K | $268K | $8K | $67K | — | View 990 |
| 2017 | $255K | $296K | $16K | $63K | — | View 990 |
| 2016 | $270K | $254K | $40K | $46K | — | View 990 |
| 2015 | $210K | $215K | $21K | $38K | — | View 990 |
| 2014 | $149K | $150K | $21K | $33K | — | View 990 |
| 2013 | $141K | $145K | $16K | $28K | — | View 990 |
| 2012 | $118K | $122K | $9K | $16K | — | View 990 |
| 2011 | $90K | $86K | $5K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $469K, expenses of $463K, and assets of $15K (revenue -24.2% year-over-year).
- 2023: Revenue of $618K, expenses of $664K, and assets of $17K (revenue +4.7% year-over-year).
- 2022: Revenue of $591K, expenses of $551K, and assets of $64K (revenue +118.2% year-over-year).
- 2021: Revenue of $271K, expenses of $256K, and assets of $27K (revenue -8.5% year-over-year).
- 2020: Revenue of $296K, expenses of $302K, and assets of $32K (revenue +70.6% year-over-year).
- 2019: Revenue of $173K, expenses of $139K, and assets of $15K (revenue -35.2% year-over-year).
- 2018: Revenue of $268K, expenses of $268K, and assets of $8K (revenue +4.9% year-over-year).
- 2017: Revenue of $255K, expenses of $296K, and assets of $16K (revenue -5.6% year-over-year).
- 2016: Revenue of $270K, expenses of $254K, and assets of $40K (revenue +28.8% year-over-year).
- 2015: Revenue of $210K, expenses of $215K, and assets of $21K (revenue +40.9% year-over-year).
- 2014: Revenue of $149K, expenses of $150K, and assets of $21K (revenue +6.0% year-over-year).
- 2013: Revenue of $141K, expenses of $145K, and assets of $16K (revenue +19.4% year-over-year).
- 2012: Revenue of $118K, expenses of $122K, and assets of $9K (revenue +30.6% year-over-year).
- 2011: Revenue of $90K, expenses of $86K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caroline Calouche & Co:
Data Sources and Methodology
This transparency report for Caroline Calouche & Co 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.