Durham Sports Commission
EIN: 814953773 · Durham, NC · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $521K |
| Total Expenses | $452K |
| Net Assets | $225K |
Is Durham Sports Commission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Durham Sports Commission
Durham Sports Commission (EIN: 814953773) is a nonprofit organization based in Durham, NC, classified under NTEE code N31. The organization reported total revenue of $521K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Durham Sports Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durham Sports Commission is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $452K |
| Surplus / Deficit | $-70,115 |
| Total Assets | $229K |
| Total Liabilities | $4K |
| Net Assets | $225K |
| Operating Margin | -18.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Durham Sports Commission reported a deficit of $70K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Durham Sports Commission's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.9% | +19.3% | -25.0% |
| 2022 | -8.0% | +166.5% | -25.9% |
| 2021 | -23.2% | +67.3% | +48.0% |
| 2020 | +503.8% | -63.5% | +62.8% |
| 2019 | -92.5% | -71.8% | -36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Durham Sports Commission 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 Durham Sports Commission 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 deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Durham Sports Commission
Is Durham Sports Commission a legitimate charity?
Durham Sports Commission (EIN: 814953773) is a registered tax-exempt nonprofit based in North Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $521K. No red flags identified. Financial health grade: B.
How does Durham Sports Commission spend its money?
Durham Sports Commission reported $521K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Durham Sports Commission tax-deductible?
Durham Sports Commission is registered as a tax-exempt nonprofit (EIN: 814953773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Durham Sports Commission located?
Durham Sports Commission is headquartered in Durham, North Carolina and files with the IRS under EIN 814953773. It is classified under NTEE code N31.
How many years of IRS 990 filings does Durham Sports Commission have?
Durham Sports Commission has 7 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 $521K in total revenue.
Filing History
IRS 990 filing history for Durham Sports Commission showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Durham Sports Commission's revenue has declined by 30.2%, moving from $547K to $382K. Total assets increased by 21.7% over the same period, from $188K to $229K. Total functional expenses rose by 11.9%, from $404K to $452K. In its most recent filing year (2023), Durham Sports Commission reported a deficit of $70K, with expenses exceeding revenue. The organization holds $4K in liabilities against $229K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $225K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $382K | $452K | $229K | $4K | — | — |
| 2022 | $263K | $379K | $305K | $10K | — | View 990 |
| 2021 | $286K | $142K | $411K | $1K | — | View 990 |
| 2020 | $373K | $85K | $278K | $12K | — | View 990 |
| 2019 | $62K | $233K | $171K | $193K | — | View 990 |
| 2018 | $825K | $824K | $268K | $124K | — | View 990 |
| 2017 | $547K | $404K | $188K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $382K, expenses of $452K, and assets of $229K (revenue +44.9% year-over-year).
- 2022: Revenue of $263K, expenses of $379K, and assets of $305K (revenue -8.0% year-over-year).
- 2021: Revenue of $286K, expenses of $142K, and assets of $411K (revenue -23.2% year-over-year).
- 2020: Revenue of $373K, expenses of $85K, and assets of $278K (revenue +503.8% year-over-year).
- 2019: Revenue of $62K, expenses of $233K, and assets of $171K (revenue -92.5% year-over-year).
- 2018: Revenue of $825K, expenses of $824K, and assets of $268K (revenue +51.0% year-over-year).
- 2017: Revenue of $547K, expenses of $404K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durham Sports Commission:
Data Sources and Methodology
This transparency report for Durham Sports Commission 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.