Northeast Etowah Community Center Inc
Northeast Etowah Community Center Inc faces consistent operating deficits, depleting assets over the past decade.
EIN: 202897396 · Gadsden, AL · NTEE: N31 · Updated: 2026-03-28
Is Northeast Etowah Community Center Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Etowah Community Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Northeast Etowah Community Center Inc
Northeast Etowah Community Center Inc (EIN: 202897396) is a nonprofit organization based in Gadsden, AL, classified under NTEE code N31. The organization reported total revenue of $17K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Etowah Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Etowah Community Center Inc is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $30K |
| Surplus / Deficit | $-15,658 |
| Total Assets | $261K |
| Net Assets | $261K |
| Operating Margin | -105.9% |
| Months of Reserves | 102.8 months |
Financial Health Grade: B
In 2022, Northeast Etowah Community Center Inc reported a deficit of $16K with expenses exceeding revenue, holds 102.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Northeast Etowah Community Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +8.7% | -11.0% | -5.7% |
| 2021 | +254.8% | +39.2% | -7.0% |
| 2020 | -73.3% | -11.0% | -6.5% |
| 2019 | -38.1% | -21.5% | -4.0% |
| 2018 | -20.0% | +0.4% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Northeast Etowah Community Center Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Northeast Etowah Community Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive for minimizing overhead given its small revenue base.
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 Northeast Etowah Community Center Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $14,784 revenue vs. $30,442 expenses in 2022)
- Declining asset base over time (from $354,461 in 2014 to $260,830 in 2022)
- Revenue significantly lower than expenses for multiple consecutive years
Strengths
The following positive indicators were identified for Northeast Etowah Community Center Inc:
- No reported officer compensation, indicating volunteer leadership and low administrative overhead in that area
- Consistent IRS 990 filing history, demonstrating transparency
- Zero liabilities reported across all filings, indicating no debt burden
Frequently Asked Questions about Northeast Etowah Community Center Inc
Is Northeast Etowah Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Etowah Community Center Inc (EIN: 202897396) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Northeast Etowah Community Center Inc spend its money?
Northeast Etowah Community Center Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northeast Etowah Community Center Inc tax-deductible?
Northeast Etowah Community Center Inc is registered as a tax-exempt nonprofit (EIN: 202897396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Northeast Etowah Community Center Inc a good charity?
While the organization appears to be volunteer-led with no officer compensation, its consistent operating deficits (e.g., $14,784 revenue vs. $30,442 expenses in 2022) and declining asset base suggest significant financial instability, which impacts its long-term effectiveness.
How has the organization's financial health changed over time?
The organization's financial health has steadily declined, with assets decreasing from $354,461 in 2014 to $260,830 in 2022, primarily due to expenses consistently exceeding revenue in most years.
What are the primary financial challenges facing Northeast Etowah Community Center Inc?
The primary financial challenge is the persistent operating deficit, where expenses consistently outpace revenue (e.g., $13,606 revenue vs. $34,196 expenses in 2021), leading to a continuous draw-down of its asset base.
Filing History
IRS 990 filing history for Northeast Etowah Community Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Northeast Etowah Community Center Inc's revenue has declined by 55.3%, moving from $33K to $15K. Total assets decreased by 15.4% over the same period, from $308K to $261K. Total functional expenses rose by 17.4%, from $26K to $30K. In its most recent filing year (2022), Northeast Etowah Community Center Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $15K | $30K | $261K | $0 | — | View 990 |
| 2021 | $14K | $34K | $276K | $0 | — | — |
| 2020 | $4K | $25K | $297K | $120 | — | View 990 |
| 2019 | $14K | $28K | $318K | $0 | — | View 990 |
| 2018 | $23K | $35K | $331K | $0 | — | View 990 |
| 2017 | $29K | $35K | $343K | $0 | — | View 990 |
| 2016 | $34K | $37K | $349K | $0 | — | View 990 |
| 2015 | $31K | $34K | $351K | $0 | — | View 990 |
| 2014 | $46K | $25K | $354K | $0 | — | View 990 |
| 2013 | $56K | $25K | $334K | $0 | — | View 990 |
| 2012 | $19K | $25K | $303K | $0 | — | View 990 |
| 2011 | $33K | $26K | $308K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $15K, expenses of $30K, and assets of $261K (revenue +8.7% year-over-year).
- 2021: Revenue of $14K, expenses of $34K, and assets of $276K (revenue +254.8% year-over-year).
- 2020: Revenue of $4K, expenses of $25K, and assets of $297K (revenue -73.3% year-over-year).
- 2019: Revenue of $14K, expenses of $28K, and assets of $318K (revenue -38.1% year-over-year).
- 2018: Revenue of $23K, expenses of $35K, and assets of $331K (revenue -20.0% year-over-year).
- 2017: Revenue of $29K, expenses of $35K, and assets of $343K (revenue -15.6% year-over-year).
- 2016: Revenue of $34K, expenses of $37K, and assets of $349K (revenue +11.4% year-over-year).
- 2015: Revenue of $31K, expenses of $34K, and assets of $351K (revenue -33.4% year-over-year).
- 2014: Revenue of $46K, expenses of $25K, and assets of $354K (revenue -17.0% year-over-year).
- 2013: Revenue of $56K, expenses of $25K, and assets of $334K (revenue +192.8% year-over-year).
- 2012: Revenue of $19K, expenses of $25K, and assets of $303K (revenue -42.3% year-over-year).
- 2011: Revenue of $33K, expenses of $26K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Etowah Community Center Inc:
Data Sources and Methodology
This transparency report for Northeast Etowah Community Center 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.