North Carolina Association For The Gifted And Talented Incorporated N
EIN: 581574140 · Pfafftown, NC · NTEE: A20
Is North Carolina Association For The Gifted And Talented Incorporated N Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Carolina Association For The Gifted And Talented Incorporated N
North Carolina Association For The Gifted And Talented Incorporated N (EIN: 581574140) is a nonprofit organization based in Pfafftown, NC, classified under NTEE code A20. The organization reported total revenue of $212K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina Association For The Gifted And Talented Incorporated N's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Carolina Association For The Gifted And Talented Incorporated N is a small nonprofit that has been operating for 10 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $171K |
| Surplus / Deficit | +$60K |
| Total Assets | $221K |
| Total Liabilities | $1K |
| Net Assets | $220K |
| Operating Margin | 26.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, North Carolina Association For The Gifted And Talented Incorporated N reported a surplus of $60K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Carolina Association For The Gifted And Talented Incorporated N's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +137.1% | +70.1% | +36.5% |
| 2022 | -3.7% | +50.8% | -1.5% |
| 2021 | -33.1% | -57.4% | +25.7% |
| 2020 | +7.0% | -11.6% | -3.7% |
| 2019 | +170.9% | +68.9% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Carolina Association For The Gifted And Talented Incorporated N 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 North Carolina Association For The Gifted And Talented Incorporated N 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 $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about North Carolina Association For The Gifted And Talented Incorporated N
Is North Carolina Association For The Gifted And Talented Incorporated N a legitimate charity?
Based on AI analysis of IRS 990 filings, North Carolina Association For The Gifted And Talented Incorporated N (EIN: 581574140) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Carolina Association For The Gifted And Talented Incorporated N spend its money?
Detailed spending breakdown data is not yet available for North Carolina Association For The Gifted And Talented Incorporated N. Check back for updated IRS 990 analysis.
Are donations to North Carolina Association For The Gifted And Talented Incorporated N tax-deductible?
North Carolina Association For The Gifted And Talented Incorporated N is registered as a tax-exempt nonprofit (EIN: 581574140). 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 North Carolina Association For The Gifted And Talented Incorporated N showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Carolina Association For The Gifted And Talented Incorporated N's revenue has grown by 74.1%, moving from $133K to $231K. Total assets increased by 157.7% over the same period, from $86K to $221K. Total functional expenses rose by 47.5%, from $116K to $171K. In its most recent filing year (2023), North Carolina Association For The Gifted And Talented Incorporated N reported a surplus of $60K, with revenue exceeding expenses. The organization holds $1K in liabilities against $221K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $220K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $171K | $221K | $1K | — | View 990 |
| 2022 | $97K | $100K | $162K | $2K | — | View 990 |
| 2021 | $101K | $67K | $165K | $2K | — | — |
| 2020 | $151K | $156K | $131K | $3K | — | View 990 |
| 2019 | $141K | $177K | $136K | $4K | — | View 990 |
| 2018 | $52K | $105K | $171K | $4K | — | View 990 |
| 2017 | $175K | $158K | $224K | $4K | — | View 990 |
| 2016 | $177K | $152K | $205K | $3K | — | View 990 |
| 2015 | $188K | $152K | $180K | $3K | — | View 990 |
| 2014 | $169K | $142K | $144K | $2K | — | View 990 |
| 2013 | $163K | $145K | $118K | $2K | — | View 990 |
| 2012 | $132K | $118K | $100K | $2K | — | View 990 |
| 2011 | $133K | $116K | $86K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $171K, and assets of $221K (revenue +137.1% year-over-year).
- 2022: Revenue of $97K, expenses of $100K, and assets of $162K (revenue -3.7% year-over-year).
- 2021: Revenue of $101K, expenses of $67K, and assets of $165K (revenue -33.1% year-over-year).
- 2020: Revenue of $151K, expenses of $156K, and assets of $131K (revenue +7.0% year-over-year).
- 2019: Revenue of $141K, expenses of $177K, and assets of $136K (revenue +170.9% year-over-year).
- 2018: Revenue of $52K, expenses of $105K, and assets of $171K (revenue -70.2% year-over-year).
- 2017: Revenue of $175K, expenses of $158K, and assets of $224K (revenue -1.4% year-over-year).
- 2016: Revenue of $177K, expenses of $152K, and assets of $205K (revenue -5.6% year-over-year).
- 2015: Revenue of $188K, expenses of $152K, and assets of $180K (revenue +11.3% year-over-year).
- 2014: Revenue of $169K, expenses of $142K, and assets of $144K (revenue +3.7% year-over-year).
- 2013: Revenue of $163K, expenses of $145K, and assets of $118K (revenue +23.7% year-over-year).
- 2012: Revenue of $132K, expenses of $118K, and assets of $100K (revenue -0.6% year-over-year).
- 2011: Revenue of $133K, expenses of $116K, and assets of $86K.
Data Sources and Methodology
This transparency report for North Carolina Association For The Gifted And Talented Incorporated N 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.