Edward M Armfield Sr Civic And Recreation Inc
Edward M Armfield Sr Civic And Recreation Inc consistently operates near break-even with no executive compensation.
EIN: 10723520 · Pilot Mtn, NC · NTEE: N31 · Updated: 2026-03-28
Is Edward M Armfield Sr Civic And Recreation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward M Armfield Sr Civic And Recreation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward M Armfield Sr Civic And Recreation Inc
Edward M Armfield Sr Civic And Recreation Inc (EIN: 10723520) is a nonprofit organization based in Pilot Mtn, NC, classified under NTEE code N31. The organization reported total revenue of $543K and total assets of $106K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward M Armfield Sr Civic And Recreation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward M Armfield Sr Civic And Recreation Inc is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $543K |
| Total Expenses | $459K |
| Surplus / Deficit | +$84K |
| Total Assets | $106K |
| Net Assets | $106K |
| Operating Margin | 15.4% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2021, Edward M Armfield Sr Civic And Recreation Inc reported a surplus of $84K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2021), Edward M Armfield Sr Civic And Recreation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +93.0% | +28.2% | +366.7% |
| 2020 | -51.8% | -39.9% | -77.1% |
| 2019 | -3.6% | -0.8% | +4.3% |
| 2018 | +1.7% | +4.0% | +5.3% |
| 2017 | -0.8% | -4.9% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Edward M Armfield Sr Civic And Recreation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Edward M Armfield Sr Civic And Recreation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with annual revenues often exceeding $500,000.
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 Edward M Armfield Sr Civic And Recreation Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents granular analysis of program vs. administrative spending.
Strengths
The following positive indicators were identified for Edward M Armfield Sr Civic And Recreation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
- No reported liabilities in the latest filing (2021), demonstrating strong financial health and solvency.
- Consistent filing of IRS 990s over 11 periods, indicating good transparency.
- Positive net income in the latest fiscal period (2021: revenue $542,816 vs. expenses $459,251).
Frequently Asked Questions about Edward M Armfield Sr Civic And Recreation Inc
Is Edward M Armfield Sr Civic And Recreation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edward M Armfield Sr Civic And Recreation Inc (EIN: 10723520) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Edward M Armfield Sr Civic And Recreation Inc spend its money?
Edward M Armfield Sr Civic And Recreation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edward M Armfield Sr Civic And Recreation Inc tax-deductible?
Edward M Armfield Sr Civic And Recreation Inc is registered as a tax-exempt nonprofit (EIN: 10723520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Edward M Armfield Sr Civic And Recreation Inc financially stable?
Yes, the organization appears financially stable, consistently operating near break-even or with a slight surplus, and maintaining a healthy asset base with no reported liabilities in its latest filing (2021 assets: $106,354, liabilities: $0).
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all 11 available filings, indicating that no salaries are paid to its executives, which is a strong positive for resource allocation.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have generally been closely matched over the past decade, often with expenses slightly exceeding revenue in some years (e.g., 2020: revenue $281,294, expenses $358,160), but with a positive surplus in the latest year (2021: revenue $542,816, expenses $459,251).
Filing History
IRS 990 filing history for Edward M Armfield Sr Civic And Recreation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Edward M Armfield Sr Civic And Recreation Inc's revenue has declined by 5.9%, moving from $577K to $543K. Total assets decreased by 22% over the same period, from $136K to $106K. Total functional expenses fell by 18.9%, from $566K to $459K. In its most recent filing year (2021), Edward M Armfield Sr Civic And Recreation Inc reported a surplus of $84K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $543K | $459K | $106K | $0 | — | — |
| 2020 | $281K | $358K | $23K | $0 | — | View 990 |
| 2019 | $583K | $596K | $100K | $0 | — | View 990 |
| 2018 | $605K | $601K | $96K | $0 | — | View 990 |
| 2017 | $595K | $577K | $91K | $0 | — | View 990 |
| 2016 | $600K | $607K | $76K | $0 | — | View 990 |
| 2015 | $622K | $647K | $83K | $0 | — | View 990 |
| 2014 | $688K | $675K | $112K | $0 | — | View 990 |
| 2013 | $664K | $674K | $100K | $0 | — | View 990 |
| 2012 | $643K | $671K | $110K | $0 | — | View 990 |
| 2011 | $577K | $566K | $136K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $543K, expenses of $459K, and assets of $106K (revenue +93.0% year-over-year).
- 2020: Revenue of $281K, expenses of $358K, and assets of $23K (revenue -51.8% year-over-year).
- 2019: Revenue of $583K, expenses of $596K, and assets of $100K (revenue -3.6% year-over-year).
- 2018: Revenue of $605K, expenses of $601K, and assets of $96K (revenue +1.7% year-over-year).
- 2017: Revenue of $595K, expenses of $577K, and assets of $91K (revenue -0.8% year-over-year).
- 2016: Revenue of $600K, expenses of $607K, and assets of $76K (revenue -3.5% year-over-year).
- 2015: Revenue of $622K, expenses of $647K, and assets of $83K (revenue -9.6% year-over-year).
- 2014: Revenue of $688K, expenses of $675K, and assets of $112K (revenue +3.6% year-over-year).
- 2013: Revenue of $664K, expenses of $674K, and assets of $100K (revenue +3.2% year-over-year).
- 2012: Revenue of $643K, expenses of $671K, and assets of $110K (revenue +11.5% year-over-year).
- 2011: Revenue of $577K, expenses of $566K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward M Armfield Sr Civic And Recreation Inc:
Data Sources and Methodology
This transparency report for Edward M Armfield Sr Civic And Recreation 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.