Council Of State Retail Associations Inc

Council Of State Retail Associations Inc. maintains stable assets with no officer compensation, but faces occasional operating deficits.

EIN: 202266267 · Sunset Beach, NC · NTEE: S41 · Updated: 2026-03-28

$432KRevenue

$294KAssets

85/100Mission Score (Excellent)

S41

About Council Of State Retail Associations Inc

Council Of State Retail Associations Inc (EIN: 202266267) is a nonprofit organization based in Sunset Beach, NC, classified under NTEE code S41. The organization reported total revenue of $432K and total assets of $294K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council Of State Retail Associations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Council Of State Retail Associations Inc. demonstrates consistent financial operations, with revenues and expenses generally in the range of $200,000-$300,000 annually, though there was a notable dip in revenue to $69,900 in 2020. The organization has maintained a healthy asset base, typically around $300,000-$400,000, indicating financial stability. Liabilities have remained low across most years, suggesting good financial management and minimal debt burden. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries.

However, the organization has experienced periods of deficit spending, such as in 2023 where expenses ($280,228) exceeded revenue ($249,920), and in 2022 where expenses ($352,928) significantly outpaced revenue ($244,005). While not uncommon for non-profits to have fluctuating financials, consistent deficits could erode assets over time if not addressed. The lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency beyond the absence of executive compensation. Overall, the organization appears financially stable with strong transparency regarding executive pay, but careful monitoring of revenue-to-expense ratios is warranted.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Council Of State Retail Associations 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, Council Of State Retail Associations 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a volunteer-led or very lean administrative structure, which is highly favorable for directing funds to programmatic activities.

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 Council Of State Retail Associations Inc's IRS 990 filings:

Consistent operating deficits in recent years (e.g., $30,308 deficit in 2023, $108,923 deficit in 2022)
Significant revenue fluctuation, particularly the sharp drop in 2020 to $69,900

Strengths

The following positive indicators were identified for Council Of State Retail Associations Inc:

Consistent reporting of 0% officer compensation, indicating high transparency and efficiency in executive pay.
Maintained a healthy asset base over time, providing a buffer against financial fluctuations.
Low liabilities across most filing periods, suggesting responsible financial management.

Frequently Asked Questions about Council Of State Retail Associations Inc

Is Council Of State Retail Associations Inc. financially stable?

Yes, the organization generally appears financially stable, maintaining a healthy asset base (e.g., $299,243 in 2023) and low liabilities (e.g., $7,925 in 2023). However, it has experienced operating deficits in recent years, such as in 2022 and 2023, which bear watching.

How does the organization manage executive compensation?

The organization reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing administrative overhead and maximizing resources for its mission.

What is the trend in the organization's revenue?

Revenue has fluctuated, generally ranging between $200,000 and $300,000 annually, with a notable dip to $69,900 in 2020 and a recent figure of $249,920 in 2023.

Are there any concerns about the organization's liabilities?

Liabilities have consistently been low across most years (e.g., $7,925 in 2023), suggesting good financial management and minimal debt burden.

Filing History

IRS 990 filing history for Council Of State Retail Associations Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Council Of State Retail Associations Inc's revenue has grown by 14.2%, moving from $219K to $250K. Total assets decreased by 24.5% over the same period, from $396K to $299K. Total functional expenses rose by 63.4%, from $171K to $280K. In its most recent filing year (2023), Council Of State Retail Associations Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $8K in liabilities against $299K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $291K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$250K	$280K	$299K	$8K	—	View 990
2022	$244K	$353K	$317K	$22K	—	—
2021	$241K	$229K	$480K	$1K	—	View 990
2020	$70K	$113K	$455K	$21K	—	—
2019	$225K	$199K	$459K	$1K	—	View 990
2018	$209K	$235K	$386K	$0	—	View 990
2017	$232K	$221K	$449K	$2K	—	View 990
2016	$282K	$287K	$402K	$1K	—	View 990
2015	$278K	$304K	$392K	$10K	—	View 990
2014	$266K	$234K	$439K	$15K	—	View 990
2013	$271K	$277K	$389K	$2K	—	View 990
2012	$220K	$220K	$403K	$10K	—	View 990
2011	$219K	$171K	$396K	$4K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $250K, expenses of $280K, and assets of $299K (revenue +2.4% year-over-year).
2022: Revenue of $244K, expenses of $353K, and assets of $317K (revenue +1.4% year-over-year).
2021: Revenue of $241K, expenses of $229K, and assets of $480K (revenue +244.2% year-over-year).
2020: Revenue of $70K, expenses of $113K, and assets of $455K (revenue -69.0% year-over-year).
2019: Revenue of $225K, expenses of $199K, and assets of $459K (revenue +7.7% year-over-year).
2018: Revenue of $209K, expenses of $235K, and assets of $386K (revenue -9.6% year-over-year).
2017: Revenue of $232K, expenses of $221K, and assets of $449K (revenue -17.9% year-over-year).
2016: Revenue of $282K, expenses of $287K, and assets of $402K (revenue +1.5% year-over-year).
2015: Revenue of $278K, expenses of $304K, and assets of $392K (revenue +4.6% year-over-year).
2014: Revenue of $266K, expenses of $234K, and assets of $439K (revenue -1.8% year-over-year).
2013: Revenue of $271K, expenses of $277K, and assets of $389K (revenue +22.8% year-over-year).
2012: Revenue of $220K, expenses of $220K, and assets of $403K (revenue +0.6% year-over-year).
2011: Revenue of $219K, expenses of $171K, and assets of $396K.

Data Sources and Methodology

This transparency report for Council Of State Retail Associations 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.