Charlotte Mecklenburg Drug Free Coalition Inc
EIN: 271245542 · Mooresville, NC · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $175K |
| Total Expenses | $175K |
| Net Assets | $24K |
Is Charlotte Mecklenburg Drug Free Coalition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charlotte Mecklenburg Drug Free Coalition Inc
Charlotte Mecklenburg Drug Free Coalition Inc (EIN: 271245542) is a nonprofit organization based in Mooresville, NC, classified under NTEE code F20. The organization reported total revenue of $175K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Mecklenburg Drug Free Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Mecklenburg Drug Free Coalition Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $175K |
| Surplus / Deficit | $-177 |
| Total Assets | $26K |
| Total Liabilities | $2K |
| Net Assets | $24K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Charlotte Mecklenburg Drug Free Coalition Inc reported a deficit of $177 with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Charlotte Mecklenburg Drug Free Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +17.6% | -40.9% |
| 2022 | +24.8% | +24.6% | +77.6% |
| 2021 | -23.3% | -23.8% | -15.1% |
| 2020 | +4.7% | +6.7% | +19.5% |
| 2019 | -7.4% | -7.9% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte Mecklenburg Drug Free Coalition 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 Charlotte Mecklenburg Drug Free Coalition 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $177, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Charlotte Mecklenburg Drug Free Coalition Inc
Is Charlotte Mecklenburg Drug Free Coalition Inc a legitimate charity?
Charlotte Mecklenburg Drug Free Coalition Inc (EIN: 271245542) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $175K. No red flags identified. Financial health grade: C.
How does Charlotte Mecklenburg Drug Free Coalition Inc spend its money?
Charlotte Mecklenburg Drug Free Coalition Inc reported $175K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charlotte Mecklenburg Drug Free Coalition Inc tax-deductible?
Charlotte Mecklenburg Drug Free Coalition Inc is registered as a tax-exempt nonprofit (EIN: 271245542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte Mecklenburg Drug Free Coalition Inc located?
Charlotte Mecklenburg Drug Free Coalition Inc is headquartered in Mooresville, North Carolina and files with the IRS under EIN 271245542. It is classified under NTEE code F20.
How many years of IRS 990 filings does Charlotte Mecklenburg Drug Free Coalition Inc have?
Charlotte Mecklenburg Drug Free Coalition Inc has 12 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 $175K in total revenue.
Filing History
IRS 990 filing history for Charlotte Mecklenburg Drug Free Coalition Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Charlotte Mecklenburg Drug Free Coalition Inc's revenue has grown by 100.7%, moving from $87K to $175K. Total assets decreased by 72.4% over the same period, from $93K to $26K. Total functional expenses rose by 3246.1%, from $5K to $175K. In its most recent filing year (2023), Charlotte Mecklenburg Drug Free Coalition Inc reported a deficit of $177, with expenses exceeding revenue. The organization holds $2K in liabilities against $26K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $175K | $26K | $2K | — | View 990 |
| 2022 | $150K | $149K | $43K | $20K | — | View 990 |
| 2021 | $120K | $120K | $24K | $1K | — | View 990 |
| 2020 | $156K | $157K | $29K | $6K | — | View 990 |
| 2019 | $149K | $147K | $24K | $422 | — | View 990 |
| 2018 | $161K | $160K | $22K | $384 | — | View 990 |
| 2017 | $162K | $163K | $20K | $393 | — | View 990 |
| 2016 | $133K | $124K | $22K | $25 | — | View 990 |
| 2015 | $68K | $73K | $13K | $0 | — | View 990 |
| 2014 | $6K | $32K | $6K | $0 | — | — |
| 2013 | $6K | $32K | $6K | $0 | — | View 990 |
| 2012 | $87K | $5K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $175K, and assets of $26K (revenue +17.0% year-over-year).
- 2022: Revenue of $150K, expenses of $149K, and assets of $43K (revenue +24.8% year-over-year).
- 2021: Revenue of $120K, expenses of $120K, and assets of $24K (revenue -23.3% year-over-year).
- 2020: Revenue of $156K, expenses of $157K, and assets of $29K (revenue +4.7% year-over-year).
- 2019: Revenue of $149K, expenses of $147K, and assets of $24K (revenue -7.4% year-over-year).
- 2018: Revenue of $161K, expenses of $160K, and assets of $22K (revenue -0.5% year-over-year).
- 2017: Revenue of $162K, expenses of $163K, and assets of $20K (revenue +22.0% year-over-year).
- 2016: Revenue of $133K, expenses of $124K, and assets of $22K (revenue +96.6% year-over-year).
- 2015: Revenue of $68K, expenses of $73K, and assets of $13K (revenue +995.1% year-over-year).
- 2014: Revenue of $6K, expenses of $32K, and assets of $6K (revenue +0.0% year-over-year).
- 2013: Revenue of $6K, expenses of $32K, and assets of $6K (revenue -92.9% year-over-year).
- 2012: Revenue of $87K, expenses of $5K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Mecklenburg Drug Free Coalition Inc:
Data Sources and Methodology
This transparency report for Charlotte Mecklenburg Drug Free Coalition 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.