No Limits Community Development Corporation
No Limits CDC consistently generates significant surpluses, leading to substantial asset growth with no reported officer compensation.
EIN: 113801708 · Atlanta, GA · NTEE: O52 · Updated: 2026-03-28
Is No Limits Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
No Limits Community Development Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About No Limits Community Development Corporation
No Limits Community Development Corporation (EIN: 113801708) is a nonprofit organization based in Atlanta, GA, classified under NTEE code O52. The organization reported total revenue of $1.4M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of No Limits Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
No Limits Community Development Corporation is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $835K |
| Surplus / Deficit | +$597K |
| Total Assets | $6.5M |
| Total Liabilities | $483K |
| Net Assets | $6.1M |
| Operating Margin | 41.7% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 94.0 months |
Financial Health Grade: A
In 2023, No Limits Community Development Corporation reported a surplus of $597K with revenue exceeding expenses, holds 94.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), No Limits Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | +19.0% | +10.0% |
| 2022 | -11.7% | +4.4% | +15.3% |
| 2021 | +40.7% | +18.3% | +41.1% |
| 2020 | -24.3% | -21.4% | +21.0% |
| 2019 | +59.9% | +51.3% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 No Limits Community Development Corporation with a Mission Score of 90 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, No Limits Community Development Corporation 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 $597K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly unusual for an organization of its size with assets exceeding $6.5 million.
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.
Red Flags
The following concerns were identified during AI analysis of No Limits Community Development Corporation's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting granular spending efficiency analysis.
- Consistent 0% officer compensation for an organization with over $6.5 million in assets is unusual and might warrant further inquiry into how leadership is sustained or compensated.
Strengths
The following positive indicators were identified for No Limits Community Development Corporation:
- Strong financial health with consistent revenue generation and significant asset growth, from $225,000 in 2014 to $6,536,664 in 2023.
- Highly efficient operations, consistently spending significantly less than revenue, leading to substantial surpluses.
- Excellent transparency regarding executive compensation, consistently reporting 0% officer compensation.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating commitment to compliance and public disclosure.
Frequently Asked Questions about No Limits Community Development Corporation
Is No Limits Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, No Limits Community Development Corporation (EIN: 113801708) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does No Limits Community Development Corporation spend its money?
No Limits Community Development Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to No Limits Community Development Corporation tax-deductible?
No Limits Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 113801708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does No Limits CDC manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, which suggests that leadership may be entirely volunteer-based or compensated through other means not reported on the 990, such as through a related entity, or that the organization's structure allows for operations without paid executives.
What is the primary driver of No Limits CDC's significant asset growth?
The primary driver of asset growth is the consistent generation of substantial surpluses, where revenue significantly exceeds expenses each year. For example, in 2023, revenue was $1,431,210 while expenses were $834,691, contributing to an increase in net assets.
What are the specific programs No Limits CDC operates given its NTEE code O52 (Community Development)?
While the NTEE code O52 indicates a focus on Community Development, the provided financial data does not detail the specific programs or services offered by No Limits CDC. Further investigation into their website or full 990 filings would be needed to understand their programmatic activities.
Filing History
IRS 990 filing history for No Limits Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), No Limits Community Development Corporation's revenue has grown by 42.7%, moving from $1.0M to $1.4M. Total assets increased by 635% over the same period, from $889K to $6.5M. Total functional expenses rose by 138.5%, from $350K to $835K. In its most recent filing year (2023), No Limits Community Development Corporation reported a surplus of $597K, with revenue exceeding expenses. The organization holds $483K in liabilities against $6.5M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $835K | $6.5M | $483K | — | — |
| 2022 | $1.5M | $701K | $5.9M | $483K | — | View 990 |
| 2021 | $1.7M | $672K | $5.2M | $483K | — | View 990 |
| 2020 | $1.2M | $568K | $3.6M | $0 | — | — |
| 2019 | $1.6M | $722K | $3.0M | $0 | — | View 990 |
| 2018 | $992K | $477K | $3.0M | $540K | — | View 990 |
| 2017 | $799K | $374K | $1.3M | $0 | — | View 990 |
| 2016 | $632K | $359K | $1.4M | $0 | — | View 990 |
| 2015 | $1.3M | $335K | $1.2M | $0 | — | View 990 |
| 2014 | $66K | $36K | $225K | $0 | — | View 990 |
| 2013 | $125K | $125K | $1.1M | $0 | — | View 990 |
| 2012 | $1.5M | $1.3M | $1.1M | $0 | — | View 990 |
| 2011 | $1.0M | $350K | $889K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $835K, and assets of $6.5M (revenue -4.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $701K, and assets of $5.9M (revenue -11.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $672K, and assets of $5.2M (revenue +40.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $568K, and assets of $3.6M (revenue -24.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $722K, and assets of $3.0M (revenue +59.9% year-over-year).
- 2018: Revenue of $992K, expenses of $477K, and assets of $3.0M (revenue +24.1% year-over-year).
- 2017: Revenue of $799K, expenses of $374K, and assets of $1.3M (revenue +26.4% year-over-year).
- 2016: Revenue of $632K, expenses of $359K, and assets of $1.4M (revenue -50.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $335K, and assets of $1.2M (revenue +1821.6% year-over-year).
- 2014: Revenue of $66K, expenses of $36K, and assets of $225K (revenue -47.1% year-over-year).
- 2013: Revenue of $125K, expenses of $125K, and assets of $1.1M (revenue -91.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +52.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $350K, and assets of $889K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for No Limits Community Development Corporation:
Data Sources and Methodology
This transparency report for No Limits Community Development Corporation 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.