Nc Greenpower Corporation Non Profit
EIN: 223895009 · Raleigh, NC · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $875K |
| Total Expenses | $1.4M |
| Net Assets | $2.5M |
Is Nc Greenpower Corporation Non Profit Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nc Greenpower Corporation Non Profit
Nc Greenpower Corporation Non Profit (EIN: 223895009) is a nonprofit organization based in Raleigh, NC, classified under NTEE code C35. The organization reported total revenue of $875K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nc Greenpower Corporation Non Profit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nc Greenpower Corporation Non Profit is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $939K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-479,288 |
| Total Assets | $2.7M |
| Total Liabilities | $260K |
| Net Assets | $2.5M |
| Operating Margin | -51.1% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 23.2 months |
Financial Health Grade: B
In 2023, Nc Greenpower Corporation Non Profit reported a deficit of $479K with expenses exceeding revenue, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nc Greenpower Corporation Non Profit's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.2% | -47.1% | -24.4% |
| 2022 | +121.5% | +131.6% | -8.5% |
| 2021 | +19.6% | +10.0% | -7.0% |
| 2020 | -18.1% | +10.0% | -2.9% |
| 2019 | -34.9% | -19.6% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nc Greenpower Corporation Non Profit 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 Nc Greenpower Corporation Non Profit 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 deficit of $479K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.5%.
Frequently Asked Questions about Nc Greenpower Corporation Non Profit
Is Nc Greenpower Corporation Non Profit a legitimate charity?
Based on AI analysis of IRS 990 filings, Nc Greenpower Corporation Non Profit (EIN: 223895009) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nc Greenpower Corporation Non Profit spend its money?
Detailed spending breakdown data is not yet available for Nc Greenpower Corporation Non Profit. Check back for updated IRS 990 analysis.
Are donations to Nc Greenpower Corporation Non Profit tax-deductible?
Nc Greenpower Corporation Non Profit is registered as a tax-exempt nonprofit (EIN: 223895009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nc Greenpower Corporation Non Profit located?
Nc Greenpower Corporation Non Profit is headquartered in Raleigh, North Carolina and files with the IRS under EIN 223895009. It is classified under NTEE code C35.
How many years of IRS 990 filings does Nc Greenpower Corporation Non Profit have?
Nc Greenpower Corporation Non Profit 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 $875K in total revenue.
Filing History
IRS 990 filing history for Nc Greenpower Corporation Non Profit showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nc Greenpower Corporation Non Profit's revenue has declined by 12.5%, moving from $1.1M to $939K. Total assets decreased by 17.1% over the same period, from $3.3M to $2.7M. Total functional expenses rose by 26.9%, from $1.1M to $1.4M. In its most recent filing year (2023), Nc Greenpower Corporation Non Profit reported a deficit of $479K, with expenses exceeding revenue. The organization holds $260K in liabilities against $2.7M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $939K | $1.4M | $2.7M | $260K | — | — |
| 2022 | $2.0M | $2.7M | $3.6M | $666K | — | View 990 |
| 2021 | $906K | $1.2M | $4.0M | $328K | — | View 990 |
| 2020 | $757K | $1.1M | $4.3M | $373K | — | — |
| 2019 | $925K | $958K | $4.4M | $204K | — | View 990 |
| 2018 | $1.4M | $1.2M | $4.5M | $295K | — | View 990 |
| 2017 | $990K | $950K | $4.5M | $493K | — | View 990 |
| 2016 | $1.3M | $1.5M | $4.7M | $799K | — | View 990 |
| 2015 | $1.1M | $1.5M | $4.8M | $633K | — | View 990 |
| 2014 | $1.2M | $1.4M | $4.9M | $401K | — | View 990 |
| 2013 | $1.6M | $1.9M | $5.3M | $529K | — | View 990 |
| 2012 | $4.3M | $2.5M | $5.4M | $402K | — | View 990 |
| 2011 | $1.1M | $1.1M | $3.3M | $163K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $939K, expenses of $1.4M, and assets of $2.7M (revenue -53.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.7M, and assets of $3.6M (revenue +121.5% year-over-year).
- 2021: Revenue of $906K, expenses of $1.2M, and assets of $4.0M (revenue +19.6% year-over-year).
- 2020: Revenue of $757K, expenses of $1.1M, and assets of $4.3M (revenue -18.1% year-over-year).
- 2019: Revenue of $925K, expenses of $958K, and assets of $4.4M (revenue -34.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $4.5M (revenue +43.5% year-over-year).
- 2017: Revenue of $990K, expenses of $950K, and assets of $4.5M (revenue -26.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $4.7M (revenue +21.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.5M, and assets of $4.8M (revenue -5.1% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.4M, and assets of $4.9M (revenue -29.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.9M, and assets of $5.3M (revenue -62.1% year-over-year).
- 2012: Revenue of $4.3M, expenses of $2.5M, and assets of $5.4M (revenue +304.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nc Greenpower Corporation Non Profit:
Data Sources and Methodology
This transparency report for Nc Greenpower Corporation Non Profit 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.