Pga Reach Carolinas Foundation
Pga Reach Carolinas Foundation shows consistent revenue and asset growth with zero reported officer compensation.
EIN: 203708530 · Browns Summit, NC · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $848K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 92/100 |
Is Pga Reach Carolinas Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pga Reach Carolinas Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pga Reach Carolinas Foundation
Pga Reach Carolinas Foundation (EIN: 203708530) is a nonprofit organization based in Browns Summit, NC, classified under NTEE code O50. The organization reported total revenue of $2.0M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pga Reach Carolinas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pga Reach Carolinas Foundation is a mid-size nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 113.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $848K |
| Surplus / Deficit | +$226K |
| Total Assets | $1.3M |
| Total Liabilities | $104K |
| Net Assets | $1.2M |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 18.7 months |
Financial Health Grade: A
In 2023, Pga Reach Carolinas Foundation reported a surplus of $226K with revenue exceeding expenses, holds 18.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Pga Reach Carolinas Foundation's revenue has grown at a compound annual growth rate (CAGR) of 113.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.0% | +85.0% | +27.9% |
| 2022 | -7.6% | +28.9% | -14.6% |
| 2021 | +134.0% | +24.9% | +96.8% |
| 2020 | -6.4% | -12.5% | +4.8% |
| 2019 | +5.1% | +18.9% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Pga Reach Carolinas Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pga Reach Carolinas Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $226K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly commendable for a nonprofit of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Pga Reach Carolinas Foundation:
- Consistent revenue growth, from $316,469 in 2020 to $1,074,249 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Healthy asset base of $1,318,457 in 2023, demonstrating financial stability.
- Positive net income in recent years, with revenue exceeding expenses (e.g., $1,074,249 revenue vs. $847,941 expenses in 2023).
- Low liabilities relative to assets ($103,790 liabilities vs. $1,318,457 assets in 2023).
Frequently Asked Questions about Pga Reach Carolinas Foundation
Is Pga Reach Carolinas Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pga Reach Carolinas Foundation (EIN: 203708530) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Pga Reach Carolinas Foundation spend its money?
Pga Reach Carolinas Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pga Reach Carolinas Foundation tax-deductible?
Pga Reach Carolinas Foundation is registered as a tax-exempt nonprofit (EIN: 203708530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pga Reach Carolinas Foundation CEO make?
Pga Reach Carolinas Foundation's highest-compensated officer earns $1 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pga Reach Carolinas Foundation's spending goes to programs?
Pga Reach Carolinas Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pga Reach Carolinas Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Pga Reach Carolinas Foundation is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pga Reach Carolinas Foundation located?
Pga Reach Carolinas Foundation is headquartered in Browns Summit, North Carolina and files with the IRS under EIN 203708530. It is classified under NTEE code O50.
How many years of IRS 990 filings does Pga Reach Carolinas Foundation have?
Pga Reach Carolinas Foundation has 8 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 $2.0M in total revenue.
Is Pga Reach Carolinas Foundation a good charity?
Based on its financial data, Pga Reach Carolinas Foundation appears to be a very good charity. It demonstrates strong financial growth, maintains a healthy asset base, and notably reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $316,469 in 2020 to $1,074,249 in 2023, representing a substantial increase in its financial capacity.
What is the organization's approach to executive compensation?
Pga Reach Carolinas Foundation reports 0% officer compensation in all available filings, indicating that its leadership serves without direct financial compensation from the organization, which is a strong positive for donor confidence.
Does the organization have a healthy financial reserve?
Yes, with assets of $1,318,457 and liabilities of $103,790 in 2023, the organization maintains a healthy financial reserve, indicating good financial management and stability.
Filing History
IRS 990 filing history for Pga Reach Carolinas Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Pga Reach Carolinas Foundation's revenue has grown by 880432%, moving from $122 to $1.1M. Total assets increased by 3707.8% over the same period, from $35K to $1.3M. Total functional expenses rose by 423870.5%, from $200 to $848K. In its most recent filing year (2023), Pga Reach Carolinas Foundation reported a surplus of $226K, with revenue exceeding expenses. The organization holds $104K in liabilities against $1.3M in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $848K | $1.3M | $104K | — | View 990 |
| 2022 | $684K | $458K | $1.0M | $113K | — | View 990 |
| 2021 | $740K | $356K | $1.2M | $446K | — | View 990 |
| 2020 | $316K | $285K | $614K | $260K | — | View 990 |
| 2019 | $338K | $325K | $586K | $272K | — | View 990 |
| 2018 | $322K | $274K | $552K | $256K | — | View 990 |
| 2017 | $398K | $184K | $248K | $0 | — | — |
| 2011 | $122 | $200 | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $848K, and assets of $1.3M (revenue +57.0% year-over-year).
- 2022: Revenue of $684K, expenses of $458K, and assets of $1.0M (revenue -7.6% year-over-year).
- 2021: Revenue of $740K, expenses of $356K, and assets of $1.2M (revenue +134.0% year-over-year).
- 2020: Revenue of $316K, expenses of $285K, and assets of $614K (revenue -6.4% year-over-year).
- 2019: Revenue of $338K, expenses of $325K, and assets of $586K (revenue +5.1% year-over-year).
- 2018: Revenue of $322K, expenses of $274K, and assets of $552K (revenue -19.1% year-over-year).
- 2017: Revenue of $398K, expenses of $184K, and assets of $248K (revenue +325744.3% year-over-year).
- 2011: Revenue of $122, expenses of $200, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pga Reach Carolinas Foundation:
Data Sources and Methodology
This transparency report for Pga Reach Carolinas Foundation 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.