Charlotte Regional Partnership Inc
EIN: 581457132 · Charlotte, NC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $237K |
| Net Assets | $-471 |
Is Charlotte Regional Partnership 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 Regional Partnership Inc
Charlotte Regional Partnership Inc (EIN: 581457132) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S41. The organization reported total revenue of $336K and total assets of $280 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Regional Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Regional Partnership Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -22.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $336K |
| Total Expenses | $237K |
| Surplus / Deficit | +$99K |
| Total Assets | $280 |
| Total Liabilities | $751 |
| Net Assets | $-471 |
| Operating Margin | 29.4% |
| Debt-to-Asset Ratio | 268.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2019, Charlotte Regional Partnership Inc reported a surplus of $99K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 268.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2019), Charlotte Regional Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -82.6% | -89.2% | -99.5% |
| 2018 | -24.1% | -13.0% | -84.5% |
| 2017 | +11.4% | +12.5% | +73.9% |
| 2017 | +0.0% | +0.0% | +0.0% |
| 2016 | +10.7% | +13.3% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte Regional Partnership 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 Regional Partnership 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 268.2%.
Frequently Asked Questions about Charlotte Regional Partnership Inc
Is Charlotte Regional Partnership Inc a legitimate charity?
Charlotte Regional Partnership Inc (EIN: 581457132) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $336K. No red flags identified. Financial health grade: B.
How does Charlotte Regional Partnership Inc spend its money?
Charlotte Regional Partnership Inc reported $336K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charlotte Regional Partnership Inc tax-deductible?
Charlotte Regional Partnership Inc is registered as a tax-exempt nonprofit (EIN: 581457132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte Regional Partnership Inc located?
Charlotte Regional Partnership Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 581457132. It is classified under NTEE code S41.
How many years of IRS 990 filings does Charlotte Regional Partnership Inc have?
Charlotte Regional Partnership 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 $336K in total revenue.
Filing History
IRS 990 filing history for Charlotte Regional Partnership Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2019), Charlotte Regional Partnership Inc's revenue has declined by 87.6%, moving from $2.7M to $336K. Total assets decreased by 99.9% over the same period, from $484K to $280. Total functional expenses fell by 91%, from $2.6M to $237K. In its most recent filing year (2019), Charlotte Regional Partnership Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $751 in liabilities against $280 in assets (debt-to-asset ratio: 268.2%), resulting in net assets of $-471.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $336K | $237K | $280 | $751 | — | View 990 |
| 2018 | $1.9M | $2.2M | $59K | $158K | — | View 990 |
| 2017 | $2.6M | $2.5M | $380K | $269K | — | View 990 |
| 2017 | $2.3M | $2.3M | $218K | $121K | — | — |
| 2016 | $2.3M | $2.3M | $218K | $121K | — | View 990 |
| 2016 | $2.1M | $2.0M | $179K | $121K | — | — |
| 2015 | $2.1M | $2.0M | $179K | $121K | — | View 990 |
| 2015 | $1.0M | $1.2M | $317K | $340K | — | — |
| 2014 | $2.4M | $2.7M | $275K | $163K | — | View 990 |
| 2013 | $2.7M | $2.7M | $482K | $123K | — | View 990 |
| 2012 | $2.7M | $2.6M | $432K | $71K | — | View 990 |
| 2011 | $2.7M | $2.6M | $484K | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $336K, expenses of $237K, and assets of $280 (revenue -82.6% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.2M, and assets of $59K (revenue -24.1% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.5M, and assets of $380K (revenue +11.4% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $218K (revenue +0.0% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $218K (revenue +10.7% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $179K (revenue +0.0% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.0M, and assets of $179K (revenue +103.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.2M, and assets of $317K (revenue -57.9% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.7M, and assets of $275K (revenue -10.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.7M, and assets of $482K (revenue -0.4% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $432K (revenue +-0.0% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $484K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Regional Partnership Inc:
Data Sources and Methodology
This transparency report for Charlotte Regional Partnership 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.