Majority Rising Nc
EIN: 874783603 · Cary, NC · NTEE: W01
Is Majority Rising Nc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Majority Rising Nc
Majority Rising Nc (EIN: 874783603) is a nonprofit organization based in Cary, NC, classified under NTEE code W01. The organization reported total revenue of $4.8M and total assets of $476K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Majority Rising Nc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Majority Rising Nc 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 Majority Rising Nc 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.
Frequently Asked Questions about Majority Rising Nc
Is Majority Rising Nc a legitimate charity?
Based on AI analysis of IRS 990 filings, Majority Rising Nc (EIN: 874783603) insufficient data. 0 red flags identified, 0 strengths noted.
How does Majority Rising Nc spend its money?
Detailed spending breakdown data is not yet available for Majority Rising Nc. Check back for updated IRS 990 analysis.
Are donations to Majority Rising Nc tax-deductible?
Majority Rising Nc is registered as a tax-exempt nonprofit (EIN: 874783603). 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 Majority Rising Nc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Majority Rising Nc's revenue has declined by 46.8%, moving from $2.8M to $1.5M. Total assets increased by 1413.9% over the same period, from $73K to $1.1M. Total functional expenses fell by 82.1%, from $2.7M to $491K. In its most recent filing year (2023), Majority Rising Nc reported a surplus of $998K, with revenue exceeding expenses. The organization holds $57K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $491K | $1.1M | $57K | — | — |
| 2022 | $2.8M | $2.7M | $73K | $22K | — | View 990 |
Data Sources and Methodology
This transparency report for Majority Rising Nc 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.