Corporation For The Promotion Of Rifle Practice And Firearms Safety
EIN: 341839195 · Anniston, AL · NTEE: N70
Is Corporation For The Promotion Of Rifle Practice And Firearms Safety Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corporation For The Promotion Of Rifle Practice And Firearms Safety
Corporation For The Promotion Of Rifle Practice And Firearms Safety (EIN: 341839195) is a nonprofit organization based in Anniston, AL, classified under NTEE code N70. The organization reported total revenue of $275.3M and total assets of $373.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corporation For The Promotion Of Rifle Practice And Firearms Safety's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corporation For The Promotion Of Rifle Practice And Firearms Safety is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.9M |
| Total Expenses | $34.5M |
| Surplus / Deficit | +$12.4M |
| Total Assets | $323.2M |
| Total Liabilities | $3.1M |
| Net Assets | $320.1M |
| Operating Margin | 26.5% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 112.5 months |
Financial Health Grade: A
In 2023, Corporation For The Promotion Of Rifle Practice And Firearms Safety reported a surplus of $12.4M with revenue exceeding expenses, holds 112.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Corporation For The Promotion Of Rifle Practice And Firearms Safety's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.6% | -3.4% | +11.6% |
| 2022 | +36.9% | +21.7% | -8.8% |
| 2021 | +24.5% | +23.9% | +13.3% |
| 2020 | +30.2% | +26.7% | +6.8% |
| 2019 | +9.3% | +7.3% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corporation For The Promotion Of Rifle Practice And Firearms Safety 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 Corporation For The Promotion Of Rifle Practice And Firearms Safety 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 $12.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Corporation For The Promotion Of Rifle Practice And Firearms Safety
Is Corporation For The Promotion Of Rifle Practice And Firearms Safety a legitimate charity?
Based on AI analysis of IRS 990 filings, Corporation For The Promotion Of Rifle Practice And Firearms Safety (EIN: 341839195) insufficient data. 0 red flags identified, 0 strengths noted.
How does Corporation For The Promotion Of Rifle Practice And Firearms Safety spend its money?
Detailed spending breakdown data is not yet available for Corporation For The Promotion Of Rifle Practice And Firearms Safety. Check back for updated IRS 990 analysis.
Are donations to Corporation For The Promotion Of Rifle Practice And Firearms Safety tax-deductible?
Corporation For The Promotion Of Rifle Practice And Firearms Safety is registered as a tax-exempt nonprofit (EIN: 341839195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Corporation For The Promotion Of Rifle Practice And Firearms Safety showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Corporation For The Promotion Of Rifle Practice And Firearms Safety's revenue has grown by 64.5%, moving from $28.5M to $46.9M. Total assets increased by 98.3% over the same period, from $163.0M to $323.2M. Total functional expenses rose by 178%, from $12.4M to $34.5M. In its most recent filing year (2023), Corporation For The Promotion Of Rifle Practice And Firearms Safety reported a surplus of $12.4M, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $323.2M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $320.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.9M | $34.5M | $323.2M | $3.1M | — | — |
| 2022 | $54.9M | $35.7M | $289.5M | $2.8M | — | View 990 |
| 2021 | $40.1M | $29.3M | $317.5M | $3.9M | — | View 990 |
| 2020 | $32.2M | $23.7M | $280.2M | $4.0M | — | — |
| 2019 | $24.7M | $18.7M | $262.4M | $2.2M | — | View 990 |
| 2018 | $22.6M | $17.4M | $251.5M | $2.3M | — | View 990 |
| 2017 | $33.5M | $15.8M | $244.5M | $2.4M | — | View 990 |
| 2016 | $20.1M | $15.5M | $233.6M | $2.3M | — | View 990 |
| 2015 | $23.2M | $14.8M | $222.7M | $2.0M | — | View 990 |
| 2014 | $25.2M | $14.3M | $224.3M | $3.5M | — | View 990 |
| 2013 | $35.3M | $14.6M | $207.9M | $2.6M | — | View 990 |
| 2012 | $31.8M | $13.1M | $185.0M | $1.3M | — | View 990 |
| 2011 | $28.5M | $12.4M | $163.0M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.9M, expenses of $34.5M, and assets of $323.2M (revenue -14.6% year-over-year).
- 2022: Revenue of $54.9M, expenses of $35.7M, and assets of $289.5M (revenue +36.9% year-over-year).
- 2021: Revenue of $40.1M, expenses of $29.3M, and assets of $317.5M (revenue +24.5% year-over-year).
- 2020: Revenue of $32.2M, expenses of $23.7M, and assets of $280.2M (revenue +30.2% year-over-year).
- 2019: Revenue of $24.7M, expenses of $18.7M, and assets of $262.4M (revenue +9.3% year-over-year).
- 2018: Revenue of $22.6M, expenses of $17.4M, and assets of $251.5M (revenue -32.4% year-over-year).
- 2017: Revenue of $33.5M, expenses of $15.8M, and assets of $244.5M (revenue +66.2% year-over-year).
- 2016: Revenue of $20.1M, expenses of $15.5M, and assets of $233.6M (revenue -13.1% year-over-year).
- 2015: Revenue of $23.2M, expenses of $14.8M, and assets of $222.7M (revenue -8.2% year-over-year).
- 2014: Revenue of $25.2M, expenses of $14.3M, and assets of $224.3M (revenue -28.6% year-over-year).
- 2013: Revenue of $35.3M, expenses of $14.6M, and assets of $207.9M (revenue +11.3% year-over-year).
- 2012: Revenue of $31.8M, expenses of $13.1M, and assets of $185.0M (revenue +11.4% year-over-year).
- 2011: Revenue of $28.5M, expenses of $12.4M, and assets of $163.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corporation For The Promotion Of Rifle Practice And Firearms Safety:
Data Sources and Methodology
This transparency report for Corporation For The Promotion Of Rifle Practice And Firearms Safety 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.