Park Community Development Corporation
EIN: 812704358 · Charlotte, NC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $87K |
| Net Assets | $48K |
Is Park Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park Community Development Corporation
Park Community Development Corporation (EIN: 812704358) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S20. The organization reported total revenue of $214K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Community Development Corporation is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $87K |
| Surplus / Deficit | $-24,318 |
| Total Assets | $48K |
| Net Assets | $48K |
| Operating Margin | -38.7% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2022, Park Community Development Corporation reported a deficit of $24K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park Community Development Corporation 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 Park Community Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
Frequently Asked Questions about Park Community Development Corporation
Is Park Community Development Corporation a legitimate charity?
Park Community Development Corporation (EIN: 812704358) is a registered tax-exempt nonprofit based in North Carolina. Total revenue: $214K. No red flags identified. Financial health grade: B.
How does Park Community Development Corporation spend its money?
Park Community Development Corporation reported $214K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Park Community Development Corporation tax-deductible?
Park Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 812704358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park Community Development Corporation located?
Park Community Development Corporation is headquartered in Charlotte, North Carolina and files with the IRS under EIN 812704358. It is classified under NTEE code S20.
Filing History
IRS 990 filing history for Park Community Development Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2022), Park Community Development Corporation reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $63K | $87K | $48K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Community Development Corporation:
Data Sources and Methodology
This transparency report for Park Community Development Corporation 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.