Jo Ann Carter Harrelson Center Inc
Jo Ann Carter Harrelson Center Inc shows strong financial growth and zero executive compensation over the past decade.
EIN: 203598248 · Wilmington, NC · NTEE: S20 · Updated: 2026-03-28
Is Jo Ann Carter Harrelson Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jo Ann Carter Harrelson Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jo Ann Carter Harrelson Center Inc
Jo Ann Carter Harrelson Center Inc (EIN: 203598248) is a nonprofit organization based in Wilmington, NC, classified under NTEE code S20. The organization reported total revenue of $3.4M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jo Ann Carter Harrelson Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jo Ann Carter Harrelson Center Inc is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$777K |
| Total Assets | $6.7M |
| Total Liabilities | $23K |
| Net Assets | $6.7M |
| Operating Margin | 29.4% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 43.0 months |
Financial Health Grade: A
In 2023, Jo Ann Carter Harrelson Center Inc reported a surplus of $777K with revenue exceeding expenses, holds 43.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Jo Ann Carter Harrelson Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +70.7% | +11.2% |
| 2022 | +97.6% | -1.7% | +27.9% |
| 2021 | -3.8% | +31.7% | +10.3% |
| 2020 | +9.7% | -5.3% | +35.3% |
| 2019 | -13.8% | +27.2% | +19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Jo Ann Carter Harrelson Center Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Jo Ann Carter Harrelson Center Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $777K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is highly unusual for an organization of its size and suggests a volunteer-led or extremely lean leadership structure, directing all available funds to its mission.
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.
Strengths
The following positive indicators were identified for Jo Ann Carter Harrelson Center Inc:
- Consistent and significant asset growth, from $967,386 in 2014 to $8,506,640 currently.
- Zero reported officer compensation across all 14 filings, indicating high efficiency in leadership costs.
- Healthy operating margins with revenue consistently exceeding expenses in recent years (e.g., $2,644,552 revenue vs. $1,867,385 expenses in 2023).
- Strong financial stability with low liabilities relative to assets.
- Long history of IRS 990 filings (14 periods), demonstrating transparency and compliance.
Frequently Asked Questions about Jo Ann Carter Harrelson Center Inc
Is Jo Ann Carter Harrelson Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jo Ann Carter Harrelson Center Inc (EIN: 203598248) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Jo Ann Carter Harrelson Center Inc spend its money?
Jo Ann Carter Harrelson Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jo Ann Carter Harrelson Center Inc tax-deductible?
Jo Ann Carter Harrelson Center Inc is registered as a tax-exempt nonprofit (EIN: 203598248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, or that the roles are structured differently. This is a significant factor in its financial efficiency.
What specific programs are supported by the significant asset growth?
While the data shows substantial asset growth from $967,386 in 2014 to $8,506,640 currently, the filings do not detail the specific programs or initiatives that these assets are funding. Given its NTEE code S20, it likely supports community improvement and capacity building projects.
What is the primary source of the organization's revenue?
The provided data indicates consistent and growing revenue, reaching $3,406,997 currently. However, the specific breakdown of revenue sources (e.g., grants, donations, program service fees) is not available in this summary.
Filing History
IRS 990 filing history for Jo Ann Carter Harrelson Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jo Ann Carter Harrelson Center Inc's revenue has grown by 1635%, moving from $152K to $2.6M. Total assets increased by 1004% over the same period, from $606K to $6.7M. Total functional expenses rose by 897.6%, from $187K to $1.9M. In its most recent filing year (2023), Jo Ann Carter Harrelson Center Inc reported a surplus of $777K, with revenue exceeding expenses. The organization holds $23K in liabilities against $6.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.9M | $6.7M | $23K | — | View 990 |
| 2022 | $2.8M | $1.1M | $6.0M | $127K | — | — |
| 2021 | $1.4M | $1.1M | $4.7M | $556K | — | View 990 |
| 2020 | $1.5M | $845K | $4.3M | $504K | — | — |
| 2019 | $1.4M | $893K | $3.2M | $47K | — | View 990 |
| 2018 | $1.6M | $702K | $2.6M | $5K | — | View 990 |
| 2017 | $1.2M | $505K | $2.3M | $556K | — | View 990 |
| 2016 | $722K | $459K | $2.0M | $958K | — | View 990 |
| 2015 | $743K | $531K | $2.1M | $1.2M | — | View 990 |
| 2014 | $304K | $311K | $967K | $352K | — | View 990 |
| 2013 | $270K | $275K | $647K | $0 | — | View 990 |
| 2012 | $240K | $203K | $653K | $0 | — | View 990 |
| 2011 | $181K | $171K | $615K | $0 | — | View 990 |
| 2010 | $152K | $187K | $606K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.9M, and assets of $6.7M (revenue -6.7% year-over-year).
- 2022: Revenue of $2.8M, expenses of $1.1M, and assets of $6.0M (revenue +97.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $4.7M (revenue -3.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $845K, and assets of $4.3M (revenue +9.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $893K, and assets of $3.2M (revenue -13.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $702K, and assets of $2.6M (revenue +34.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $505K, and assets of $2.3M (revenue +62.9% year-over-year).
- 2016: Revenue of $722K, expenses of $459K, and assets of $2.0M (revenue -2.8% year-over-year).
- 2015: Revenue of $743K, expenses of $531K, and assets of $2.1M (revenue +144.1% year-over-year).
- 2014: Revenue of $304K, expenses of $311K, and assets of $967K (revenue +12.9% year-over-year).
- 2013: Revenue of $270K, expenses of $275K, and assets of $647K (revenue +12.4% year-over-year).
- 2012: Revenue of $240K, expenses of $203K, and assets of $653K (revenue +32.8% year-over-year).
- 2011: Revenue of $181K, expenses of $171K, and assets of $615K (revenue +18.4% year-over-year).
- 2010: Revenue of $152K, expenses of $187K, and assets of $606K.
Data Sources and Methodology
This transparency report for Jo Ann Carter Harrelson Center 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.