Porter Ridge Atheltic Association
Porter Ridge Athletic Association maintains strong assets despite recent operating deficit and no executive compensation.
EIN: 201377296 · Indian Trail, NC · NTEE: N60 · Updated: 2026-03-28
Is Porter Ridge Atheltic Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Porter Ridge Atheltic Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Porter Ridge Atheltic Association
Porter Ridge Atheltic Association (EIN: 201377296) is a nonprofit organization based in Indian Trail, NC, classified under NTEE code N60. The organization reported total revenue of $261K and total assets of $292K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Porter Ridge Atheltic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Porter Ridge Atheltic Association is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $315K |
| Surplus / Deficit | $-53,820 |
| Total Assets | $292K |
| Net Assets | $292K |
| Operating Margin | -20.6% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Porter Ridge Atheltic Association reported a deficit of $54K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Porter Ridge Atheltic Association's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | +32.4% | -15.6% |
| 2022 | +127.4% | +53.5% | +81.8% |
| 2021 | -2.1% | -23.6% | +10.5% |
| 2020 | -30.5% | -23.5% | -13.2% |
| 2019 | +0.1% | -11.1% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Porter Ridge Atheltic Association with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Porter Ridge Atheltic Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $54K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with revenues ranging from $172,962 to $393,384 in recent years.
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 Porter Ridge Atheltic Association's IRS 990 filings:
- Operating deficit in the latest fiscal period (202306) where expenses ($314,729) exceeded revenue ($260,909).
Strengths
The following positive indicators were identified for Porter Ridge Atheltic Association:
- Consistent reporting of 0% officer compensation across all 14 filings, indicating a volunteer-led organization.
- Maintains a healthy asset base ($291,944 in 202306) with $0 reported liabilities in recent years, demonstrating financial stability.
- Long history of IRS 990 filings (14 filings), indicating strong transparency and compliance.
- Significant surplus in 202206 ($393,384 revenue vs. $237,787 expenses) demonstrates capacity for strong financial performance.
Frequently Asked Questions about Porter Ridge Atheltic Association
Is Porter Ridge Atheltic Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Porter Ridge Atheltic Association (EIN: 201377296) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Porter Ridge Atheltic Association spend its money?
Porter Ridge Atheltic Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Porter Ridge Atheltic Association tax-deductible?
Porter Ridge Atheltic Association is registered as a tax-exempt nonprofit (EIN: 201377296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Porter Ridge Athletic Association a good charity?
Based on the available IRS 990 data, Porter Ridge Athletic Association appears to be a good charity. It consistently reports $0 in officer compensation, indicating a volunteer-driven model, and maintains a healthy asset base with no reported liabilities. While there was an operating deficit in the latest year, the overall financial history shows responsible management and a strong program focus.
How does the organization manage its finances given the revenue fluctuations?
The organization experiences notable year-to-year revenue fluctuations, such as $393,384 in 202206 down to $260,909 in 202306. Despite this, it has consistently maintained a positive asset balance, with assets of $291,944 in 202306 and $345,764 in 202206, and has reported $0 liabilities in recent years, suggesting effective management of its reserves to absorb variations.
What is the trend in the organization's assets?
The organization's assets have fluctuated but generally remained strong. They were $333,274 in 201505, dipped to $172,069 in 202006, and have since recovered to $291,944 in 202306, demonstrating resilience and a capacity to rebuild its financial base.
Filing History
IRS 990 filing history for Porter Ridge Atheltic Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Porter Ridge Atheltic Association's revenue has declined by 10.2%, moving from $291K to $261K. Total assets decreased by 24% over the same period, from $384K to $292K. Total functional expenses fell by 9.2%, from $347K to $315K. In its most recent filing year (2023), Porter Ridge Atheltic Association reported a deficit of $54K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $261K | $315K | $292K | $0 | — | View 990 |
| 2022 | $393K | $238K | $346K | $0 | — | View 990 |
| 2021 | $173K | $155K | $190K | $0 | — | View 990 |
| 2020 | $177K | $203K | $172K | $0 | — | View 990 |
| 2019 | $254K | $265K | $198K | $0 | — | View 990 |
| 2018 | $254K | $298K | $209K | $0 | — | View 990 |
| 2017 | $31K | $16K | $264K | $0 | — | View 990 |
| 2017 | $254K | $307K | $249K | $0 | — | View 990 |
| 2016 | $320K | $361K | $306K | $0 | — | View 990 |
| 2015 | $250K | $237K | $333K | $1K | — | View 990 |
| 2014 | $355K | $367K | $342K | $23K | — | View 990 |
| 2013 | $342K | $357K | $340K | $0 | — | View 990 |
| 2012 | $367K | $353K | $374K | $19K | — | View 990 |
| 2011 | $291K | $347K | $384K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $261K, expenses of $315K, and assets of $292K (revenue -33.7% year-over-year).
- 2022: Revenue of $393K, expenses of $238K, and assets of $346K (revenue +127.4% year-over-year).
- 2021: Revenue of $173K, expenses of $155K, and assets of $190K (revenue -2.1% year-over-year).
- 2020: Revenue of $177K, expenses of $203K, and assets of $172K (revenue -30.5% year-over-year).
- 2019: Revenue of $254K, expenses of $265K, and assets of $198K (revenue +0.1% year-over-year).
- 2018: Revenue of $254K, expenses of $298K, and assets of $209K (revenue +731.6% year-over-year).
- 2017: Revenue of $31K, expenses of $16K, and assets of $264K (revenue -88.0% year-over-year).
- 2017: Revenue of $254K, expenses of $307K, and assets of $249K (revenue -20.5% year-over-year).
- 2016: Revenue of $320K, expenses of $361K, and assets of $306K (revenue +28.0% year-over-year).
- 2015: Revenue of $250K, expenses of $237K, and assets of $333K (revenue -29.6% year-over-year).
- 2014: Revenue of $355K, expenses of $367K, and assets of $342K (revenue +3.6% year-over-year).
- 2013: Revenue of $342K, expenses of $357K, and assets of $340K (revenue -6.6% year-over-year).
- 2012: Revenue of $367K, expenses of $353K, and assets of $374K (revenue +26.2% year-over-year).
- 2011: Revenue of $291K, expenses of $347K, and assets of $384K.
Data Sources and Methodology
This transparency report for Porter Ridge Atheltic Association 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.