Greensboro Sports Commission Inc
EIN: 561666662 · Greensboro, NC
| Metric | Value |
|---|---|
| Total Expenses | $349K |
| Net Assets | $89K |
Is Greensboro Sports Commission Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greensboro Sports Commission Inc
Greensboro Sports Commission Inc (EIN: 561666662) is a nonprofit organization based in Greensboro, NC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greensboro Sports Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greensboro Sports Commission Inc is a small nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $299K |
| Total Expenses | $349K |
| Surplus / Deficit | $-49,709 |
| Total Assets | $94K |
| Total Liabilities | $5K |
| Net Assets | $89K |
| Operating Margin | -16.6% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2018, Greensboro Sports Commission Inc reported a deficit of $50K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Greensboro Sports Commission Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -1.6% | +13.8% | -33.2% |
| 2017 | +10.3% | +15.0% | -10.4% |
| 2016 | -41.9% | -41.2% | +3.7% |
| 2015 | -41.9% | -43.7% | -2.7% |
| 2014 | +112.5% | +118.5% | +52.6% |
AI Analysis Pending
AI enrichment for Greensboro Sports Commission Inc 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 Greensboro Sports Commission Inc 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Frequently Asked Questions about Greensboro Sports Commission Inc
Is Greensboro Sports Commission Inc a legitimate charity?
Greensboro Sports Commission Inc (EIN: 561666662) is a registered tax-exempt nonprofit based in North Carolina. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Greensboro Sports Commission Inc spend its money?
Greensboro Sports Commission Inc reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greensboro Sports Commission Inc tax-deductible?
Greensboro Sports Commission Inc is registered as a tax-exempt nonprofit (EIN: 561666662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greensboro Sports Commission Inc located?
Greensboro Sports Commission Inc is headquartered in Greensboro, North Carolina and files with the IRS under EIN 561666662.
How many years of IRS 990 filings does Greensboro Sports Commission Inc have?
Greensboro Sports Commission Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Greensboro Sports Commission Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Greensboro Sports Commission Inc's revenue has declined by 34.3%, moving from $456K to $299K. Total assets increased by 7.3% over the same period, from $88K to $94K. Total functional expenses fell by 20.2%, from $437K to $349K. In its most recent filing year (2018), Greensboro Sports Commission Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $5K in liabilities against $94K in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $299K | $349K | $94K | $5K | — | View 990 |
| 2017 | $304K | $307K | $141K | $2K | — | — |
| 2016 | $276K | $267K | $157K | $16K | — | View 990 |
| 2015 | $475K | $453K | $152K | $19K | — | View 990 |
| 2014 | $818K | $806K | $156K | $45K | — | View 990 |
| 2013 | $385K | $369K | $102K | $3K | — | View 990 |
| 2012 | $529K | $527K | $142K | $59K | — | View 990 |
| 2011 | $456K | $437K | $88K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $299K, expenses of $349K, and assets of $94K (revenue -1.6% year-over-year).
- 2017: Revenue of $304K, expenses of $307K, and assets of $141K (revenue +10.3% year-over-year).
- 2016: Revenue of $276K, expenses of $267K, and assets of $157K (revenue -41.9% year-over-year).
- 2015: Revenue of $475K, expenses of $453K, and assets of $152K (revenue -41.9% year-over-year).
- 2014: Revenue of $818K, expenses of $806K, and assets of $156K (revenue +112.5% year-over-year).
- 2013: Revenue of $385K, expenses of $369K, and assets of $102K (revenue -27.3% year-over-year).
- 2012: Revenue of $529K, expenses of $527K, and assets of $142K (revenue +16.1% year-over-year).
- 2011: Revenue of $456K, expenses of $437K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greensboro Sports Commission Inc:
Data Sources and Methodology
This transparency report for Greensboro Sports Commission 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.