Classic Car Club Of America Inc
Classic Car Club Of America Inc shows consistent revenue growth and no reported officer compensation.
EIN: 136162062 · Rolling Mdws, IL · Updated: 2026-03-28
Is Classic Car Club Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Classic Car Club Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Classic Car Club Of America Inc
Classic Car Club Of America Inc (EIN: 136162062) is a nonprofit organization based in Rolling Mdws, IL. The organization reported total revenue of $656K and total assets of $898K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classic Car Club Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Classic Car Club Of America Inc is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $446K |
| Surplus / Deficit | +$121K |
| Total Assets | $801K |
| Total Liabilities | $193K |
| Net Assets | $608K |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 24.1% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Classic Car Club Of America Inc reported a surplus of $121K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 24.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Classic Car Club Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | +9.9% | +13.5% |
| 2022 | +45.5% | +51.0% | -5.6% |
| 2021 | -4.0% | -9.5% | +92.6% |
| 2020 | -34.9% | -47.6% | +3.4% |
| 2019 | +43.0% | +12.3% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Classic Car Club Of America Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Classic Car Club Of America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $121K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which significantly reduces administrative costs.
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 Classic Car Club Of America Inc's IRS 990 filings:
- NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Classic Car Club Of America Inc:
- Consistent revenue growth in recent years (e.g., $378,573 in 2021 to $567,679 in 2023).
- Significant asset growth, nearly doubling from $388,526 in 2020 to $800,952 in 2023.
- No reported officer compensation, indicating efficient use of funds for leadership.
- Consistent financial surpluses in recent years (e.g., $121,230 in 2023).
Frequently Asked Questions about Classic Car Club Of America Inc
Is Classic Car Club Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Classic Car Club Of America Inc (EIN: 136162062) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Classic Car Club Of America Inc spend its money?
Classic Car Club Of America Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Classic Car Club Of America Inc tax-deductible?
Classic Car Club Of America Inc is registered as a tax-exempt nonprofit (EIN: 136162062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Classic Car Club Of America Inc financially stable?
Yes, the organization appears financially stable, consistently generating surpluses in recent years (e.g., $121,230 in 2023) and showing significant asset growth from $388,526 in 2020 to $800,952 in 2023.
How does the organization manage its leadership compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led executive structure.
Has the organization's financial health improved over time?
Yes, revenue has generally increased from $378,573 in 2021 to $567,679 in 2023, and assets have nearly doubled from $388,526 in 2020 to $800,952 in 2023, indicating improved financial health.
Filing History
IRS 990 filing history for Classic Car Club Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Classic Car Club Of America Inc's revenue has grown by 26.1%, moving from $450K to $568K. Total assets increased by 6.6% over the same period, from $751K to $801K. Total functional expenses fell by 0.9%, from $450K to $446K. In its most recent filing year (2023), Classic Car Club Of America Inc reported a surplus of $121K, with revenue exceeding expenses. The organization holds $193K in liabilities against $801K in assets (debt-to-asset ratio: 24.1%), resulting in net assets of $608K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $446K | $801K | $193K | — | View 990 |
| 2022 | $551K | $406K | $706K | $256K | — | — |
| 2021 | $379K | $269K | $748K | $388K | — | View 990 |
| 2020 | $395K | $297K | $389K | $164K | — | — |
| 2019 | $606K | $568K | $376K | $219K | — | — |
| 2018 | $424K | $505K | $347K | $245K | — | View 990 |
| 2017 | $441K | $506K | $410K | $223K | — | — |
| 2016 | $412K | $523K | $459K | $7K | — | View 990 |
| 2015 | $382K | $458K | $568K | $7K | — | View 990 |
| 2014 | $447K | $468K | $647K | $6K | — | View 990 |
| 2013 | $769K | $751K | $671K | $5K | — | View 990 |
| 2012 | $376K | $474K | $719K | $68K | — | View 990 |
| 2011 | $450K | $450K | $751K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $446K, and assets of $801K (revenue +3.1% year-over-year).
- 2022: Revenue of $551K, expenses of $406K, and assets of $706K (revenue +45.5% year-over-year).
- 2021: Revenue of $379K, expenses of $269K, and assets of $748K (revenue -4.0% year-over-year).
- 2020: Revenue of $395K, expenses of $297K, and assets of $389K (revenue -34.9% year-over-year).
- 2019: Revenue of $606K, expenses of $568K, and assets of $376K (revenue +43.0% year-over-year).
- 2018: Revenue of $424K, expenses of $505K, and assets of $347K (revenue -4.0% year-over-year).
- 2017: Revenue of $441K, expenses of $506K, and assets of $410K (revenue +7.1% year-over-year).
- 2016: Revenue of $412K, expenses of $523K, and assets of $459K (revenue +7.8% year-over-year).
- 2015: Revenue of $382K, expenses of $458K, and assets of $568K (revenue -14.4% year-over-year).
- 2014: Revenue of $447K, expenses of $468K, and assets of $647K (revenue -41.9% year-over-year).
- 2013: Revenue of $769K, expenses of $751K, and assets of $671K (revenue +104.3% year-over-year).
- 2012: Revenue of $376K, expenses of $474K, and assets of $719K (revenue -16.4% year-over-year).
- 2011: Revenue of $450K, expenses of $450K, and assets of $751K.
Data Sources and Methodology
This transparency report for Classic Car Club Of 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.