Carroll Technology Council Inc
Carroll Technology Council Inc shows significant revenue growth and zero officer compensation in recent filings.
EIN: 200537495 · Westminster, MD · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $615K |
| Total Expenses | $301K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $615,242. |
| Net Assets | $193K |
| Transparency Score | 90/100 |
Is Carroll Technology Council Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carroll Technology Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carroll Technology Council Inc
Carroll Technology Council Inc (EIN: 200537495) is a nonprofit organization based in Westminster, MD, classified under NTEE code S30. The organization reported total revenue of $615K and total assets of $375K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll Technology Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carroll Technology Council Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $301K |
| Surplus / Deficit | +$88K |
| Total Assets | $369K |
| Total Liabilities | $176K |
| Net Assets | $193K |
| Operating Margin | 22.7% |
| Debt-to-Asset Ratio | 47.6% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Carroll Technology Council Inc reported a surplus of $88K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 47.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carroll Technology Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +221.5% | +133.4% | +98.5% |
| 2022 | -16.2% | -7.8% | +19.0% |
| 2021 | -24.0% | +17.4% | -7.2% |
| 2020 | +46.3% | -6.1% | +85.9% |
| 2019 | -8.3% | -8.5% | -16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 2005 |
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 Carroll Technology Council Inc with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Carroll Technology Council Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
- The organization reported a surplus of $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filing periods, indicating that no compensation is paid to officers, which is highly favorable for a nonprofit of its size with latest revenue of $615,242.
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.
Strengths
The following positive indicators were identified for Carroll Technology Council Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
- Significant revenue growth, with 202312 revenue at $389,169, demonstrating increasing support and activity.
- Healthy asset growth, reaching $368,724 in 202312, improving financial stability.
- Positive net income in most recent periods (e.g., $88,212 in 202312), contributing to reserves.
- Consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Carroll Technology Council Inc
Is Carroll Technology Council Inc a legitimate charity?
Carroll Technology Council Inc (EIN: 200537495) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $615K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Carroll Technology Council Inc spend its money?
Carroll Technology Council Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Carroll Technology Council Inc tax-deductible?
Carroll Technology Council Inc is registered as a tax-exempt nonprofit (EIN: 200537495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Carroll Technology Council Inc CEO make?
Carroll Technology Council Inc's highest-compensated officer earns $615,242. annually. The organization reported $615K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Carroll Technology Council Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Carroll Technology Council Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carroll Technology Council Inc located?
Carroll Technology Council Inc is headquartered in Westminster, Maryland and files with the IRS under EIN 200537495. It is classified under NTEE code S30.
How many years of IRS 990 filings does Carroll Technology Council Inc have?
Carroll Technology Council 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 $615K in total revenue.
Is Carroll Technology Council Inc a good charity?
Based on the provided financial data, Carroll Technology Council Inc appears to be a good charity. It demonstrates strong financial growth, particularly in 202312 with revenue of $389,169, and consistently reports 0% officer compensation, indicating a high commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, especially in recent years. Revenue has grown from $35,951 in 201412 to $389,169 in 202312, and assets have increased from $17,786 in 201512 to $368,724 in 202312, showing substantial growth and stability.
What is the organization's approach to executive compensation?
Carroll Technology Council Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, maximizing funds for programs.
Filing History
IRS 990 filing history for Carroll Technology Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carroll Technology Council Inc's revenue has grown by 708.5%, moving from $48K to $389K. Total assets increased by 902.2% over the same period, from $37K to $369K. Total functional expenses rose by 703%, from $37K to $301K. In its most recent filing year (2023), Carroll Technology Council Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $176K in liabilities against $369K in assets (debt-to-asset ratio: 47.6%), resulting in net assets of $193K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $301K | $369K | $176K | — | — |
| 2022 | $121K | $129K | $186K | $89K | — | View 990 |
| 2021 | $144K | $140K | $156K | $52K | — | View 990 |
| 2020 | $190K | $119K | $168K | $68K | — | — |
| 2019 | $130K | $127K | $90K | $62K | — | View 990 |
| 2018 | $142K | $139K | $109K | $83K | — | View 990 |
| 2017 | $123K | $107K | $113K | $90K | — | — |
| 2016 | $61K | $65K | $67K | $59K | — | View 990 |
| 2015 | $47K | $61K | $18K | $7K | — | View 990 |
| 2014 | $36K | $60K | $38K | $12K | — | View 990 |
| 2013 | $60K | $49K | $56K | $7K | — | View 990 |
| 2012 | $53K | $44K | $46K | $7K | — | View 990 |
| 2011 | $48K | $37K | $37K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $301K, and assets of $369K (revenue +221.5% year-over-year).
- 2022: Revenue of $121K, expenses of $129K, and assets of $186K (revenue -16.2% year-over-year).
- 2021: Revenue of $144K, expenses of $140K, and assets of $156K (revenue -24.0% year-over-year).
- 2020: Revenue of $190K, expenses of $119K, and assets of $168K (revenue +46.3% year-over-year).
- 2019: Revenue of $130K, expenses of $127K, and assets of $90K (revenue -8.3% year-over-year).
- 2018: Revenue of $142K, expenses of $139K, and assets of $109K (revenue +15.2% year-over-year).
- 2017: Revenue of $123K, expenses of $107K, and assets of $113K (revenue +102.0% year-over-year).
- 2016: Revenue of $61K, expenses of $65K, and assets of $67K (revenue +30.6% year-over-year).
- 2015: Revenue of $47K, expenses of $61K, and assets of $18K (revenue +29.6% year-over-year).
- 2014: Revenue of $36K, expenses of $60K, and assets of $38K (revenue -39.8% year-over-year).
- 2013: Revenue of $60K, expenses of $49K, and assets of $56K (revenue +13.1% year-over-year).
- 2012: Revenue of $53K, expenses of $44K, and assets of $46K (revenue +9.8% year-over-year).
- 2011: Revenue of $48K, expenses of $37K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carroll Technology Council Inc:
Data Sources and Methodology
This transparency report for Carroll Technology Council 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.