North Carolina Business Group On Health Inc
EIN: 452752656 · Charlotte, NC · NTEE: E70
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $202K |
| Net Assets | $106K |
Is North Carolina Business Group On Health Inc 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 Business Group On Health Inc
North Carolina Business Group On Health Inc (EIN: 452752656) is a nonprofit organization based in Charlotte, NC, classified under NTEE code E70. The organization reported total revenue of $246K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina Business Group On Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Carolina Business Group On Health Inc is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $241K |
| Total Expenses | $202K |
| Surplus / Deficit | +$39K |
| Total Assets | $106K |
| Total Liabilities | $71 |
| Net Assets | $106K |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, North Carolina Business Group On Health Inc reported a surplus of $39K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), North Carolina Business Group On Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | +3.6% | +56.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Carolina Business Group On Health 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 North Carolina Business Group On Health 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about North Carolina Business Group On Health Inc
Is North Carolina Business Group On Health Inc a legitimate charity?
North Carolina Business Group On Health Inc (EIN: 452752656) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $246K. No red flags identified. Financial health grade: A.
How does North Carolina Business Group On Health Inc spend its money?
North Carolina Business Group On Health Inc reported $246K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Carolina Business Group On Health Inc tax-deductible?
North Carolina Business Group On Health Inc is registered as a tax-exempt nonprofit (EIN: 452752656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Carolina Business Group On Health Inc located?
North Carolina Business Group On Health Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 452752656. It is classified under NTEE code E70.
How many years of IRS 990 filings does North Carolina Business Group On Health Inc have?
North Carolina Business Group On Health Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $246K in total revenue.
Filing History
IRS 990 filing history for North Carolina Business Group On Health Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), North Carolina Business Group On Health Inc's revenue has grown by 27.5%, moving from $189K to $241K. Total assets increased by 56% over the same period, from $68K to $106K. Total functional expenses rose by 3.6%, from $195K to $202K. In its most recent filing year (2023), North Carolina Business Group On Health Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $71 in liabilities against $106K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $241K | $202K | $106K | $71 | — | — |
| 2022 | $189K | $195K | $68K | $1K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Carolina Business Group On Health Inc:
Data Sources and Methodology
This transparency report for North Carolina Business Group On Health 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.