Charlotte Mecklenburg Public Access Corporation
EIN: 562199646 · Charlotte, NC · NTEE: A31
| Metric | Value |
|---|---|
| Total Revenue | $461K |
| Total Expenses | $487K |
| Net Assets | $1.7M |
Is Charlotte Mecklenburg Public Access Corporation 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 Public Access Corporation
Charlotte Mecklenburg Public Access Corporation (EIN: 562199646) is a nonprofit organization based in Charlotte, NC, classified under NTEE code A31. The organization reported total revenue of $461K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Mecklenburg Public Access Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Mecklenburg Public Access Corporation is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $643K |
| Total Expenses | $487K |
| Surplus / Deficit | +$156K |
| Total Assets | $1.8M |
| Total Liabilities | $12K |
| Net Assets | $1.7M |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 43.2 months |
Financial Health Grade: A
In 2023, Charlotte Mecklenburg Public Access Corporation reported a surplus of $156K with revenue exceeding expenses, holds 43.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Charlotte Mecklenburg Public Access Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +7.6% | +9.9% |
| 2022 | -2.4% | -4.6% | +2.0% |
| 2021 | -6.0% | -1.6% | +1.1% |
| 2020 | -2.4% | +4.0% | +3.7% |
| 2019 | -0.9% | +5.8% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte Mecklenburg Public Access Corporation 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 Public Access Corporation 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 surplus of $156K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Charlotte Mecklenburg Public Access Corporation
Is Charlotte Mecklenburg Public Access Corporation a legitimate charity?
Charlotte Mecklenburg Public Access Corporation (EIN: 562199646) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $461K. No red flags identified. Financial health grade: A.
How does Charlotte Mecklenburg Public Access Corporation spend its money?
Charlotte Mecklenburg Public Access Corporation reported $461K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charlotte Mecklenburg Public Access Corporation tax-deductible?
Charlotte Mecklenburg Public Access Corporation is registered as a tax-exempt nonprofit (EIN: 562199646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte Mecklenburg Public Access Corporation located?
Charlotte Mecklenburg Public Access Corporation is headquartered in Charlotte, North Carolina and files with the IRS under EIN 562199646. It is classified under NTEE code A31.
How many years of IRS 990 filings does Charlotte Mecklenburg Public Access Corporation have?
Charlotte Mecklenburg Public Access Corporation 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 $461K in total revenue.
Filing History
IRS 990 filing history for Charlotte Mecklenburg Public Access Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charlotte Mecklenburg Public Access Corporation's revenue has grown by 15.5%, moving from $557K to $643K. Total assets increased by 46.1% over the same period, from $1.2M to $1.8M. Total functional expenses rose by 11.6%, from $436K to $487K. In its most recent filing year (2023), Charlotte Mecklenburg Public Access Corporation reported a surplus of $156K, with revenue exceeding expenses. The organization holds $12K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $643K | $487K | $1.8M | $12K | — | View 990 |
| 2022 | $485K | $453K | $1.6M | $10K | — | View 990 |
| 2021 | $497K | $474K | $1.6M | $12K | — | View 990 |
| 2020 | $529K | $482K | $1.5M | $17K | — | — |
| 2019 | $542K | $464K | $1.5M | $9K | — | View 990 |
| 2018 | $547K | $438K | $1.4M | $11K | — | View 990 |
| 2017 | $535K | $427K | $1.3M | $12K | — | View 990 |
| 2016 | $550K | $432K | $1.2M | $7K | — | View 990 |
| 2015 | $536K | $461K | $1.1M | $6K | — | View 990 |
| 2014 | $530K | $468K | $1.3M | $335K | — | View 990 |
| 2013 | $578K | $460K | $1.3M | $348K | — | View 990 |
| 2012 | $563K | $473K | $1.2M | $361K | — | View 990 |
| 2011 | $557K | $436K | $1.2M | $464K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $643K, expenses of $487K, and assets of $1.8M (revenue +32.5% year-over-year).
- 2022: Revenue of $485K, expenses of $453K, and assets of $1.6M (revenue -2.4% year-over-year).
- 2021: Revenue of $497K, expenses of $474K, and assets of $1.6M (revenue -6.0% year-over-year).
- 2020: Revenue of $529K, expenses of $482K, and assets of $1.5M (revenue -2.4% year-over-year).
- 2019: Revenue of $542K, expenses of $464K, and assets of $1.5M (revenue -0.9% year-over-year).
- 2018: Revenue of $547K, expenses of $438K, and assets of $1.4M (revenue +2.3% year-over-year).
- 2017: Revenue of $535K, expenses of $427K, and assets of $1.3M (revenue -2.8% year-over-year).
- 2016: Revenue of $550K, expenses of $432K, and assets of $1.2M (revenue +2.6% year-over-year).
- 2015: Revenue of $536K, expenses of $461K, and assets of $1.1M (revenue +1.2% year-over-year).
- 2014: Revenue of $530K, expenses of $468K, and assets of $1.3M (revenue -8.3% year-over-year).
- 2013: Revenue of $578K, expenses of $460K, and assets of $1.3M (revenue +2.7% year-over-year).
- 2012: Revenue of $563K, expenses of $473K, and assets of $1.2M (revenue +1.1% year-over-year).
- 2011: Revenue of $557K, expenses of $436K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Mecklenburg Public Access Corporation:
Data Sources and Methodology
This transparency report for Charlotte Mecklenburg Public Access Corporation 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.