North Carolina Community Carenetworks Inc
North Carolina Community Carenetworks Inc maintains strong asset growth and reports zero officer compensation despite fluctuating revenues.
EIN: 205408367 · Garner, NC · NTEE: E21 · Updated: 2026-03-28
Is North Carolina Community Carenetworks Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Carolina Community Carenetworks Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Carolina Community Carenetworks Inc
North Carolina Community Carenetworks Inc (EIN: 205408367) is a nonprofit organization based in Garner, NC, classified under NTEE code E21. The organization reported total revenue of $55.3M and total assets of $118.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina Community Carenetworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Carolina Community Carenetworks Inc with a Mission Score of 92 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, North Carolina Community Carenetworks Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with revenues in the tens of millions.
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 North Carolina Community Carenetworks Inc's IRS 990 filings:
- Significant revenue volatility over recent years, which could impact long-term planning if not managed effectively.
Strengths
The following positive indicators were identified for North Carolina Community Carenetworks Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency and mission focus.
- Strong and consistent asset growth, demonstrating financial stability and capacity.
- Generally operates with a significant surplus, indicating efficient financial management.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about North Carolina Community Carenetworks Inc
Is North Carolina Community Carenetworks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Carolina Community Carenetworks Inc (EIN: 205408367) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does North Carolina Community Carenetworks Inc spend its money?
North Carolina Community Carenetworks Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Carolina Community Carenetworks Inc tax-deductible?
North Carolina Community Carenetworks Inc is registered as a tax-exempt nonprofit (EIN: 205408367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Carolina Community Carenetworks Inc a good charity?
Based on its financial data, NCCN appears to be a very good charity. It consistently reports zero officer compensation, maintains strong asset growth, and generally operates with a significant surplus, indicating efficient management and a strong focus on its mission.
How has NCCN's revenue trended recently?
NCCN's revenue has fluctuated significantly, peaking at $122,918,658 in 2021, then decreasing to $53,649,197 in 2022, and further to $45,459,766 in 2023. This indicates a recent downward trend after a period of high revenue.
What is the organization's asset growth like?
NCCN has demonstrated strong and consistent asset growth, increasing from $8,765,352 in 2016 to $101,426,297 in 2023, and reaching $118,681,968 in the latest period. This indicates robust financial health and accumulation of resources.
Does NCCN spend efficiently?
Yes, NCCN appears to spend efficiently. For example, in 2023, expenses were $29,501,239 against revenues of $45,459,766, resulting in a substantial surplus. This pattern is consistent across most years, contributing to its asset growth.
Filing History
IRS 990 filing history for North Carolina Community Carenetworks Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Carolina Community Carenetworks Inc's revenue has grown by 223.7%, moving from $14.0M to $45.5M. Total assets increased by 859.1% over the same period, from $10.6M to $101.4M. Total functional expenses rose by 207.1%, from $9.6M to $29.5M. In its most recent filing year (2023), North Carolina Community Carenetworks Inc reported a surplus of $16.0M, with revenue exceeding expenses. The organization holds $12.2M in liabilities against $101.4M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $89.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $45.5M | $29.5M | $101.4M | $12.2M | — | — |
| 2022 | $53.6M | $39.5M | $81.9M | $9.7M | — | View 990 |
| 2021 | $122.9M | $100.4M | $71.1M | $11.5M | — | View 990 |
| 2020 | $111.3M | $97.9M | $49.0M | $12.0M | — | View 990 |
| 2019 | $85.0M | $88.1M | $33.9M | $10.3M | — | View 990 |
| 2018 | $53.0M | $37.7M | $28.5M | $1.9M | — | View 990 |
| 2017 | $28.6M | $25.4M | $13.8M | $2.6M | — | View 990 |
| 2016 | $27.8M | $26.9M | $8.8M | $766K | — | View 990 |
| 2015 | $33.8M | $37.6M | $10.4M | $3.3M | — | View 990 |
| 2014 | $35.1M | $37.4M | $17.2M | $6.3M | — | View 990 |
| 2013 | $30.0M | $28.9M | $18.3M | $5.2M | — | View 990 |
| 2012 | $21.0M | $18.4M | $14.6M | $2.5M | — | View 990 |
| 2011 | $14.0M | $9.6M | $10.6M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.5M, expenses of $29.5M, and assets of $101.4M (revenue -15.3% year-over-year).
- 2022: Revenue of $53.6M, expenses of $39.5M, and assets of $81.9M (revenue -56.4% year-over-year).
- 2021: Revenue of $122.9M, expenses of $100.4M, and assets of $71.1M (revenue +10.4% year-over-year).
- 2020: Revenue of $111.3M, expenses of $97.9M, and assets of $49.0M (revenue +31.0% year-over-year).
- 2019: Revenue of $85.0M, expenses of $88.1M, and assets of $33.9M (revenue +60.5% year-over-year).
- 2018: Revenue of $53.0M, expenses of $37.7M, and assets of $28.5M (revenue +84.8% year-over-year).
- 2017: Revenue of $28.6M, expenses of $25.4M, and assets of $13.8M (revenue +2.9% year-over-year).
- 2016: Revenue of $27.8M, expenses of $26.9M, and assets of $8.8M (revenue -17.7% year-over-year).
- 2015: Revenue of $33.8M, expenses of $37.6M, and assets of $10.4M (revenue -3.5% year-over-year).
- 2014: Revenue of $35.1M, expenses of $37.4M, and assets of $17.2M (revenue +17.1% year-over-year).
- 2013: Revenue of $30.0M, expenses of $28.9M, and assets of $18.3M (revenue +42.5% year-over-year).
- 2012: Revenue of $21.0M, expenses of $18.4M, and assets of $14.6M (revenue +49.6% year-over-year).
- 2011: Revenue of $14.0M, expenses of $9.6M, and assets of $10.6M.
Data Sources and Methodology
This transparency report for North Carolina Community Carenetworks 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.