Laurel Community Center Org Inc
EIN: 832417879 · Marshall, NC · NTEE: A99
Is Laurel Community Center Org Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laurel Community Center Org Inc
Laurel Community Center Org Inc (EIN: 832417879) is a nonprofit organization based in Marshall, NC, classified under NTEE code A99. The organization reported total revenue of $185K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurel Community Center Org Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laurel Community Center Org Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 35.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $295K |
| Total Expenses | $151K |
| Surplus / Deficit | +$144K |
| Total Assets | $2.6M |
| Net Assets | $2.6M |
| Operating Margin | 48.9% |
| Months of Reserves | 207.9 months |
Financial Health Grade: A
In 2023, Laurel Community Center Org Inc reported a surplus of $144K with revenue exceeding expenses, holds 207.9 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Laurel Community Center Org Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +144.9% | -5.4% | +5.9% |
| 2022 | -22.9% | +27.3% | -1.5% |
| 2021 | +31.6% | +38.7% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1238 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laurel Community Center Org 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 Laurel Community Center Org 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $144K, with revenue exceeding expenses.
Frequently Asked Questions about Laurel Community Center Org Inc
Is Laurel Community Center Org Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Laurel Community Center Org Inc (EIN: 832417879) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laurel Community Center Org Inc spend its money?
Detailed spending breakdown data is not yet available for Laurel Community Center Org Inc. Check back for updated IRS 990 analysis.
Are donations to Laurel Community Center Org Inc tax-deductible?
Laurel Community Center Org Inc is registered as a tax-exempt nonprofit (EIN: 832417879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Laurel Community Center Org Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Laurel Community Center Org Inc's revenue has grown by 148.5%, moving from $119K to $295K. Total assets increased by 5.5% over the same period, from $2.5M to $2.6M. Total functional expenses rose by 67.1%, from $90K to $151K. In its most recent filing year (2023), Laurel Community Center Org Inc reported a surplus of $144K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $151K | $2.6M | $0 | — | — |
| 2022 | $121K | $159K | $2.5M | $0 | — | View 990 |
| 2021 | $156K | $125K | $2.5M | $0 | — | View 990 |
| 2020 | $119K | $90K | $2.5M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $151K, and assets of $2.6M (revenue +144.9% year-over-year).
- 2022: Revenue of $121K, expenses of $159K, and assets of $2.5M (revenue -22.9% year-over-year).
- 2021: Revenue of $156K, expenses of $125K, and assets of $2.5M (revenue +31.6% year-over-year).
- 2020: Revenue of $119K, expenses of $90K, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Laurel Community Center Org 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.