Carton Council Of North America Inc
Carton Council Of North America Inc consistently allocates nearly all revenue to expenses with no reported officer compensation.
EIN: 204504079 · Denton, TX · NTEE: S41 · Updated: 2026-03-28
About Carton Council Of North America Inc
Carton Council Of North America Inc (EIN: 204504079) is a nonprofit organization based in Denton, TX, classified under NTEE code S41. The organization reported total revenue of $2.1M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carton Council Of North America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carton Council Of North America Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Carton Council Of North America Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of this size with annual revenues consistently in the multi-millions, suggesting either a fully volunteer-led executive team or compensation is covered by a related entity, which would warrant further investigation for complete transparency.
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 Carton Council Of North America Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is handled by a related entity or not fully disclosed in this section of the 990.
Strengths
The following positive indicators were identified for Carton Council Of North America Inc:
- Strong program spending efficiency, with expenses consistently close to revenue (e.g., 2023 expenses of $4,366,202 vs. revenue of $4,383,281).
- Excellent financial health with high asset-to-liability ratio (e.g., 2023 assets $8,117,789 vs. liabilities $403,029).
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds to the mission.
- Stable revenue streams over recent years (e.g., $4.3M-$4.7M from 2020-2023).
- Growth in assets over the past five years, indicating increasing financial stability.
Frequently Asked Questions about Carton Council Of North America Inc
Is Carton Council Of North America Inc a good charity?
Based on the provided data, the Carton Council Of North America Inc appears to be a very good charity. It consistently spends nearly all of its revenue on its mission, maintains a strong asset base, and reports 0% officer compensation, indicating a high degree of financial efficiency and dedication to its cause.
How does Carton Council Of North America Inc manage its expenses relative to revenue?
The organization consistently manages its expenses very close to its revenue. For instance, in 2023, expenses were $4,366,202 against revenues of $4,383,281, showing a very tight operational margin and efficient use of incoming funds.
What is the trend in Carton Council Of North America Inc's revenue and assets?
Revenue has fluctuated, peaking around $6.6 million in 2014 and more recently stabilizing around $4.3-$4.7 million from 2020-2023. Assets have shown a general upward trend, increasing from $6,517,049 in 2019 to $8,117,789 in 2023, indicating financial growth and stability.
Does Carton Council Of North America Inc have significant liabilities?
No, the organization maintains relatively low liabilities compared to its assets. For example, in 2023, liabilities were $403,029 against assets of $8,117,789, demonstrating a very healthy balance sheet.
Filing History
IRS 990 filing history for Carton Council Of North America Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Carton Council Of North America Inc's revenue has declined by 33.8%, moving from $6.6M to $4.4M. Total assets increased by 79.9% over the same period, from $4.5M to $8.1M. Total functional expenses rose by 23.2%, from $3.5M to $4.4M. In its most recent filing year (2023), Carton Council Of North America Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $403K in liabilities against $8.1M in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.4M | $8.1M | $403K | — | — |
| 2022 | $4.7M | $3.8M | $8.0M | $280K | — | View 990 |
| 2021 | $4.7M | $4.6M | $7.2M | $415K | — | View 990 |
| 2020 | $4.7M | $4.3M | $7.0M | $314K | — | View 990 |
| 2019 | $4.7M | $4.1M | $6.5M | $165K | — | — |
| 2018 | $5.7M | $5.4M | $6.2M | $402K | — | View 990 |
| 2017 | $5.7M | $4.9M | $5.8M | $347K | — | View 990 |
| 2016 | $5.8M | $6.7M | $5.8M | $1.3M | — | View 990 |
| 2015 | $5.7M | $7.1M | $6.5M | $948K | — | View 990 |
| 2014 | $6.6M | $7.6M | $7.7M | $766K | — | View 990 |
| 2013 | $7.7M | $9.2M | $9.0M | $1.2M | — | View 990 |
| 2012 | $8.7M | $6.2M | $10.4M | $1.1M | — | View 990 |
| 2011 | $8.8M | $5.0M | $7.1M | $256K | — | View 990 |
| 2010 | $6.6M | $3.5M | $4.5M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.4M, and assets of $8.1M (revenue -6.6% year-over-year).
- 2022: Revenue of $4.7M, expenses of $3.8M, and assets of $8.0M (revenue -0.1% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.6M, and assets of $7.2M (revenue +0.0% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.3M, and assets of $7.0M (revenue -0.3% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.1M, and assets of $6.5M (revenue -17.5% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.4M, and assets of $6.2M (revenue -0.5% year-over-year).
- 2017: Revenue of $5.7M, expenses of $4.9M, and assets of $5.8M (revenue -0.2% year-over-year).
- 2016: Revenue of $5.8M, expenses of $6.7M, and assets of $5.8M (revenue +0.2% year-over-year).
- 2015: Revenue of $5.7M, expenses of $7.1M, and assets of $6.5M (revenue -13.3% year-over-year).
- 2014: Revenue of $6.6M, expenses of $7.6M, and assets of $7.7M (revenue -14.4% year-over-year).
- 2013: Revenue of $7.7M, expenses of $9.2M, and assets of $9.0M (revenue -11.1% year-over-year).
- 2012: Revenue of $8.7M, expenses of $6.2M, and assets of $10.4M (revenue -0.7% year-over-year).
- 2011: Revenue of $8.8M, expenses of $5.0M, and assets of $7.1M (revenue +32.2% year-over-year).
- 2010: Revenue of $6.6M, expenses of $3.5M, and assets of $4.5M.
Data Sources and Methodology
This transparency report for Carton Council Of North America 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.