Pride Athletic Club Inc
EIN: 561831548 · Raleigh, NC · NTEE: N41Z
| Metric | Value |
|---|---|
| Total Revenue | $439K |
| Total Expenses | $73K |
| Net Assets | $136K |
Is Pride Athletic Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pride Athletic Club Inc
Pride Athletic Club Inc (EIN: 561831548) is a nonprofit organization based in Raleigh, NC, classified under NTEE code N41Z. The organization reported total revenue of $439K and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pride Athletic Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pride Athletic Club Inc is a small nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $73K |
| Surplus / Deficit | +$37K |
| Total Assets | $136K |
| Net Assets | $136K |
| Operating Margin | 33.4% |
| Months of Reserves | 22.4 months |
Financial Health Grade: A
In 2021, Pride Athletic Club Inc reported a surplus of $37K with revenue exceeding expenses, holds 22.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Pride Athletic Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +515.7% | +12.1% | +36.8% |
| 2020 | -84.0% | -29.8% | -32.2% |
| 2019 | +26.0% | -48.7% | -2.2% |
| 2017 | +2.8% | +53.5% | -42.1% |
| 2016 | -26.7% | +61.9% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pride Athletic Club Inc 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 Pride Athletic Club Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Frequently Asked Questions about Pride Athletic Club Inc
Is Pride Athletic Club Inc a legitimate charity?
Pride Athletic Club Inc (EIN: 561831548) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $439K. No red flags identified. Financial health grade: A.
How does Pride Athletic Club Inc spend its money?
Pride Athletic Club Inc reported $439K 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 Pride Athletic Club Inc tax-deductible?
Pride Athletic Club Inc is registered as a tax-exempt nonprofit (EIN: 561831548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pride Athletic Club Inc located?
Pride Athletic Club Inc is headquartered in Raleigh, North Carolina and files with the IRS under EIN 561831548. It is classified under NTEE code N41Z.
How many years of IRS 990 filings does Pride Athletic Club Inc have?
Pride Athletic Club Inc 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 $439K in total revenue.
Filing History
IRS 990 filing history for Pride Athletic Club Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Pride Athletic Club Inc's revenue has grown by 15.9%, moving from $94K to $109K. Total assets decreased by 15.9% over the same period, from $162K to $136K. Total functional expenses rose by 5.3%, from $69K to $73K. In its most recent filing year (2021), Pride Athletic Club Inc reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $109K | $73K | $136K | $0 | — | View 990 |
| 2020 | $18K | $65K | $99K | $0 | — | View 990 |
| 2019 | $111K | $92K | $146K | $0 | — | View 990 |
| 2017 | $88K | $180K | $150K | $0 | — | View 990 |
| 2016 | $85K | $117K | $259K | $0 | — | View 990 |
| 2015 | $116K | $73K | $282K | $0 | — | View 990 |
| 2014 | $104K | $74K | $238K | $0 | — | View 990 |
| 2013 | $111K | $110K | $208K | $0 | — | View 990 |
| 2012 | $115K | $69K | $208K | $0 | — | — |
| 2011 | $94K | $69K | $162K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $109K, expenses of $73K, and assets of $136K (revenue +515.7% year-over-year).
- 2020: Revenue of $18K, expenses of $65K, and assets of $99K (revenue -84.0% year-over-year).
- 2019: Revenue of $111K, expenses of $92K, and assets of $146K (revenue +26.0% year-over-year).
- 2017: Revenue of $88K, expenses of $180K, and assets of $150K (revenue +2.8% year-over-year).
- 2016: Revenue of $85K, expenses of $117K, and assets of $259K (revenue -26.7% year-over-year).
- 2015: Revenue of $116K, expenses of $73K, and assets of $282K (revenue +12.2% year-over-year).
- 2014: Revenue of $104K, expenses of $74K, and assets of $238K (revenue -6.7% year-over-year).
- 2013: Revenue of $111K, expenses of $110K, and assets of $208K (revenue -2.9% year-over-year).
- 2012: Revenue of $115K, expenses of $69K, and assets of $208K (revenue +21.7% year-over-year).
- 2011: Revenue of $94K, expenses of $69K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pride Athletic Club Inc:
Data Sources and Methodology
This transparency report for Pride Athletic Club 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.