North Carolina Science Mathematics And Technology Education Center
EIN: 43602929 · Durham, NC · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $696K |
| Total Expenses | $726K |
| Net Assets | $157K |
Is North Carolina Science Mathematics And Technology Education Center 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 Science Mathematics And Technology Education Center
North Carolina Science Mathematics And Technology Education Center (EIN: 43602929) is a nonprofit organization based in Durham, NC, classified under NTEE code B05. The organization reported total revenue of $696K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina Science Mathematics And Technology Education Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Carolina Science Mathematics And Technology Education Center is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $726K |
| Surplus / Deficit | +$3K |
| Total Assets | $164K |
| Total Liabilities | $7K |
| Net Assets | $157K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, North Carolina Science Mathematics And Technology Education Center reported a surplus of $3K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), North Carolina Science Mathematics And Technology Education Center's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.8% | +13.1% | -1.6% |
| 2022 | +3.0% | +13.5% | -10.8% |
| 2021 | -4.5% | -12.3% | +1.8% |
| 2020 | -10.7% | -11.0% | -10.6% |
| 2019 | -26.6% | -26.2% | -48.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Carolina Science Mathematics And Technology Education Center 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 Science Mathematics And Technology Education Center 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Frequently Asked Questions about North Carolina Science Mathematics And Technology Education Center
Is North Carolina Science Mathematics And Technology Education Center a legitimate charity?
North Carolina Science Mathematics And Technology Education Center (EIN: 43602929) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $696K. No red flags identified. Financial health grade: A.
How does North Carolina Science Mathematics And Technology Education Center spend its money?
North Carolina Science Mathematics And Technology Education Center reported $696K in total revenue in IRS 990 filings. 10 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 Science Mathematics And Technology Education Center tax-deductible?
North Carolina Science Mathematics And Technology Education Center is registered as a tax-exempt nonprofit (EIN: 43602929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Carolina Science Mathematics And Technology Education Center located?
North Carolina Science Mathematics And Technology Education Center is headquartered in Durham, North Carolina and files with the IRS under EIN 43602929. It is classified under NTEE code B05.
How many years of IRS 990 filings does North Carolina Science Mathematics And Technology Education Center have?
North Carolina Science Mathematics And Technology Education Center has 10 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 $696K in total revenue.
Filing History
IRS 990 filing history for North Carolina Science Mathematics And Technology Education Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), North Carolina Science Mathematics And Technology Education Center's revenue has declined by 14.3%, moving from $851K to $729K. Total assets decreased by 68.2% over the same period, from $517K to $164K. Total functional expenses fell by 0.4%, from $729K to $726K. In its most recent filing year (2023), North Carolina Science Mathematics And Technology Education Center reported a surplus of $3K, with revenue exceeding expenses. The organization holds $7K in liabilities against $164K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $729K | $726K | $164K | $7K | — | View 990 |
| 2022 | $630K | $642K | $167K | $13K | — | View 990 |
| 2021 | $612K | $566K | $187K | $21K | — | View 990 |
| 2020 | $641K | $645K | $184K | $63K | — | View 990 |
| 2019 | $718K | $725K | $206K | $81K | — | View 990 |
| 2015 | $978K | $982K | $402K | $277K | — | View 990 |
| 2014 | $937K | $940K | $300K | $171K | — | View 990 |
| 2013 | $1.3M | $1.3M | $337K | $205K | — | View 990 |
| 2012 | $996K | $1.0M | $551K | $394K | — | View 990 |
| 2011 | $851K | $729K | $517K | $325K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $729K, expenses of $726K, and assets of $164K (revenue +15.8% year-over-year).
- 2022: Revenue of $630K, expenses of $642K, and assets of $167K (revenue +3.0% year-over-year).
- 2021: Revenue of $612K, expenses of $566K, and assets of $187K (revenue -4.5% year-over-year).
- 2020: Revenue of $641K, expenses of $645K, and assets of $184K (revenue -10.7% year-over-year).
- 2019: Revenue of $718K, expenses of $725K, and assets of $206K (revenue -26.6% year-over-year).
- 2015: Revenue of $978K, expenses of $982K, and assets of $402K (revenue +4.4% year-over-year).
- 2014: Revenue of $937K, expenses of $940K, and assets of $300K (revenue -25.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $337K (revenue +26.4% year-over-year).
- 2012: Revenue of $996K, expenses of $1.0M, and assets of $551K (revenue +17.0% year-over-year).
- 2011: Revenue of $851K, expenses of $729K, and assets of $517K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Carolina Science Mathematics And Technology Education Center:
Data Sources and Methodology
This transparency report for North Carolina Science Mathematics And Technology Education Center 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.