Fountain City Classic Inc
Fountain City Classic Inc consistently generates revenue exceeding expenses, growing assets without officer compensation.
EIN: 202587792 · Columbus, GA · NTEE: N40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $654K |
| Total Expenses | $633K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $706,709 |
| Net Assets | $591K |
| Transparency Score | 85/100 |
Is Fountain City Classic Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fountain City Classic Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fountain City Classic Inc
Fountain City Classic Inc (EIN: 202587792) is a nonprofit organization based in Columbus, GA, classified under NTEE code N40. The organization reported total revenue of $654K and total assets of $494K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fountain City Classic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fountain City Classic Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $707K |
| Total Expenses | $633K |
| Surplus / Deficit | +$73K |
| Total Assets | $595K |
| Total Liabilities | $4K |
| Net Assets | $591K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2024, Fountain City Classic Inc reported a surplus of $73K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Fountain City Classic Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.6% | +30.9% | +14.1% |
| 2023 | -15.6% | +10.2% | -1.3% |
| 2022 | +549.7% | +365.3% | +157.8% |
| 2021 | -73.2% | -79.2% | +4.8% |
| 2020 | -24.4% | +5.2% | -25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Fountain City Classic 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, Fountain City Classic 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Fountain City Classic Inc consistently reports 0% officer compensation across all 13 filings, indicating that its leadership is likely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its revenue size (e.g., $706,709 in 2024).
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 Fountain City Classic Inc's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in summary data
- Unusually low liabilities in some periods (e.g., $0 in 201806) could indicate simplified reporting or specific operational structure.
Strengths
The following positive indicators were identified for Fountain City Classic Inc:
- Consistent revenue generation exceeding expenses (e.g., $706,709 revenue vs. $633,319 expenses in 202406).
- Significant growth in net assets over time (from $87,850 in 2016 to $595,363 in 2024).
- Zero reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
- Strong history of IRS 990 compliance with 13 filings.
- Positive financial surpluses in most recent periods, contributing to organizational stability.
Frequently Asked Questions about Fountain City Classic Inc
Is Fountain City Classic Inc a legitimate charity?
Fountain City Classic Inc (EIN: 202587792) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $654K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Fountain City Classic Inc spend its money?
Fountain City Classic Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fountain City Classic Inc tax-deductible?
Fountain City Classic Inc is registered as a tax-exempt nonprofit (EIN: 202587792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fountain City Classic Inc CEO make?
Fountain City Classic Inc's highest-compensated officer earns $706,709 annually. The organization reported $654K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fountain City Classic Inc's spending goes to programs?
Fountain City Classic Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fountain City Classic Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fountain City Classic Inc is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fountain City Classic Inc located?
Fountain City Classic Inc is headquartered in Columbus, Georgia and files with the IRS under EIN 202587792. It is classified under NTEE code N40.
How many years of IRS 990 filings does Fountain City Classic Inc have?
Fountain City Classic Inc has 13 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 $654K in total revenue.
Is Fountain City Classic Inc a good charity?
Based on the provided data, Fountain City Classic Inc appears to be a well-managed organization with consistent revenue generation, growing assets, and a strong history of IRS 990 compliance. The absence of officer compensation is a significant positive indicator of resource allocation.
How has Fountain City Classic Inc's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $87,850 in 2016 to $595,363 in 2024. Revenue has also shown a positive trend, with the latest period (202406) reporting $706,709, a significant increase from $366,511 in 2016.
What is the organization's approach to executive compensation?
Fountain City Classic Inc consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through means not classified as officer compensation on the 990 form.
Filing History
IRS 990 filing history for Fountain City Classic Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Fountain City Classic Inc's revenue has grown by 100.5%, moving from $353K to $707K. Total assets increased by 220.3% over the same period, from $186K to $595K. Total functional expenses rose by 81.4%, from $349K to $633K. In its most recent filing year (2024), Fountain City Classic Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $4K in liabilities against $595K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $591K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $707K | $633K | $595K | $4K | — | — |
| 2023 | $567K | $484K | $522K | $4K | — | — |
| 2022 | $671K | $439K | $529K | $94K | — | — |
| 2021 | $103K | $94K | $205K | $3K | — | View 990 |
| 2020 | $385K | $454K | $196K | $3K | — | View 990 |
| 2019 | $509K | $431K | $263K | $905 | — | View 990 |
| 2018 | $419K | $389K | $184K | $0 | — | View 990 |
| 2017 | $454K | $387K | $164K | $10K | — | View 990 |
| 2016 | $367K | $407K | $88K | $221 | — | View 990 |
| 2015 | $347K | $394K | $128K | $0 | — | View 990 |
| 2014 | $322K | $376K | $175K | $0 | — | View 990 |
| 2013 | $421K | $378K | $229K | $0 | — | View 990 |
| 2012 | $353K | $349K | $186K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $707K, expenses of $633K, and assets of $595K (revenue +24.6% year-over-year).
- 2023: Revenue of $567K, expenses of $484K, and assets of $522K (revenue -15.6% year-over-year).
- 2022: Revenue of $671K, expenses of $439K, and assets of $529K (revenue +549.7% year-over-year).
- 2021: Revenue of $103K, expenses of $94K, and assets of $205K (revenue -73.2% year-over-year).
- 2020: Revenue of $385K, expenses of $454K, and assets of $196K (revenue -24.4% year-over-year).
- 2019: Revenue of $509K, expenses of $431K, and assets of $263K (revenue +21.6% year-over-year).
- 2018: Revenue of $419K, expenses of $389K, and assets of $184K (revenue -7.7% year-over-year).
- 2017: Revenue of $454K, expenses of $387K, and assets of $164K (revenue +23.7% year-over-year).
- 2016: Revenue of $367K, expenses of $407K, and assets of $88K (revenue +5.7% year-over-year).
- 2015: Revenue of $347K, expenses of $394K, and assets of $128K (revenue +7.6% year-over-year).
- 2014: Revenue of $322K, expenses of $376K, and assets of $175K (revenue -23.4% year-over-year).
- 2013: Revenue of $421K, expenses of $378K, and assets of $229K (revenue +19.4% year-over-year).
- 2012: Revenue of $353K, expenses of $349K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fountain City Classic Inc:
Data Sources and Methodology
This transparency report for Fountain City Classic 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.