Community Matters Insurance Partners Of Charlotte
EIN: 453641452 · Charlotte, NC · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $103K |
| Net Assets | $118K |
Is Community Matters Insurance Partners Of Charlotte Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Matters Insurance Partners Of Charlotte
Community Matters Insurance Partners Of Charlotte (EIN: 453641452) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P12. The organization reported total revenue of $311K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Matters Insurance Partners Of Charlotte's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Matters Insurance Partners Of Charlotte is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $103K |
| Surplus / Deficit | +$111K |
| Total Assets | $118K |
| Net Assets | $118K |
| Operating Margin | 51.8% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2022, Community Matters Insurance Partners Of Charlotte reported a surplus of $111K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2022), Community Matters Insurance Partners Of Charlotte's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +192.7% | +36.2% | +1642.1% |
| 2021 | -55.2% | -55.0% | -65.2% |
| 2020 | -38.0% | -34.9% | +32.5% |
| 2019 | +40.9% | +34.5% | -51.4% |
| 2018 | +0.5% | +5.0% | +91.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Matters Insurance Partners Of Charlotte 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 Community Matters Insurance Partners Of Charlotte 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $111K, with revenue exceeding expenses.
Frequently Asked Questions about Community Matters Insurance Partners Of Charlotte
Is Community Matters Insurance Partners Of Charlotte a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Matters Insurance Partners Of Charlotte (EIN: 453641452) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Matters Insurance Partners Of Charlotte spend its money?
Detailed spending breakdown data is not yet available for Community Matters Insurance Partners Of Charlotte. Check back for updated IRS 990 analysis.
Are donations to Community Matters Insurance Partners Of Charlotte tax-deductible?
Community Matters Insurance Partners Of Charlotte is registered as a tax-exempt nonprofit (EIN: 453641452). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Matters Insurance Partners Of Charlotte located?
Community Matters Insurance Partners Of Charlotte is headquartered in Charlotte, North Carolina and files with the IRS under EIN 453641452. It is classified under NTEE code P12.
How many years of IRS 990 filings does Community Matters Insurance Partners Of Charlotte have?
Community Matters Insurance Partners Of Charlotte has 11 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 $311K in total revenue.
Filing History
IRS 990 filing history for Community Matters Insurance Partners Of Charlotte showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Community Matters Insurance Partners Of Charlotte's revenue has declined by 3.9%, moving from $223K to $215K. Total assets increased by 621.7% over the same period, from $16K to $118K. Total functional expenses fell by 50%, from $207K to $103K. In its most recent filing year (2022), Community Matters Insurance Partners Of Charlotte reported a surplus of $111K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $215K | $103K | $118K | $0 | — | View 990 |
| 2021 | $73K | $76K | $7K | $0 | — | View 990 |
| 2020 | $164K | $169K | $19K | $10K | — | — |
| 2019 | $264K | $260K | $15K | $0 | — | View 990 |
| 2018 | $187K | $193K | $30K | $20K | — | View 990 |
| 2017 | $187K | $184K | $16K | $0 | — | View 990 |
| 2016 | $190K | $201K | $16K | $3K | — | View 990 |
| 2015 | $188K | $206K | $24K | $0 | — | View 990 |
| 2014 | $220K | $183K | $42K | $0 | — | View 990 |
| 2013 | $172K | $184K | $4K | $0 | — | View 990 |
| 2012 | $223K | $207K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $215K, expenses of $103K, and assets of $118K (revenue +192.7% year-over-year).
- 2021: Revenue of $73K, expenses of $76K, and assets of $7K (revenue -55.2% year-over-year).
- 2020: Revenue of $164K, expenses of $169K, and assets of $19K (revenue -38.0% year-over-year).
- 2019: Revenue of $264K, expenses of $260K, and assets of $15K (revenue +40.9% year-over-year).
- 2018: Revenue of $187K, expenses of $193K, and assets of $30K (revenue +0.5% year-over-year).
- 2017: Revenue of $187K, expenses of $184K, and assets of $16K (revenue -2.0% year-over-year).
- 2016: Revenue of $190K, expenses of $201K, and assets of $16K (revenue +1.3% year-over-year).
- 2015: Revenue of $188K, expenses of $206K, and assets of $24K (revenue -14.6% year-over-year).
- 2014: Revenue of $220K, expenses of $183K, and assets of $42K (revenue +28.0% year-over-year).
- 2013: Revenue of $172K, expenses of $184K, and assets of $4K (revenue -23.0% year-over-year).
- 2012: Revenue of $223K, expenses of $207K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Matters Insurance Partners Of Charlotte:
Data Sources and Methodology
This transparency report for Community Matters Insurance Partners Of Charlotte 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.