Queen City Forward
EIN: 463105537 · Charlotte, NC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $196K |
| Net Assets | $15K |
Is Queen City Forward Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Queen City Forward
Queen City Forward (EIN: 463105537) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S41. The organization reported total revenue of $204K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queen City Forward's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queen City Forward is a small nonprofit that has been operating for 13 years, with 3 years of IRS 990 filings on record (2015–2017). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $196K |
| Surplus / Deficit | +$8K |
| Total Assets | $20K |
| Total Liabilities | $6K |
| Net Assets | $15K |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2017, Queen City Forward reported a surplus of $8K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 3 years of filings (2015–2017), Queen City Forward's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +18.1% | +8.7% | +193.1% |
| 2016 | -25.1% | -17.8% | -76.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Queen City Forward 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 Queen City Forward 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Frequently Asked Questions about Queen City Forward
Is Queen City Forward a legitimate charity?
Queen City Forward (EIN: 463105537) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $204K. No red flags identified. Financial health grade: A.
How does Queen City Forward spend its money?
Queen City Forward reported $204K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Queen City Forward tax-deductible?
Queen City Forward is registered as a tax-exempt nonprofit (EIN: 463105537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Queen City Forward located?
Queen City Forward is headquartered in Charlotte, North Carolina and files with the IRS under EIN 463105537. It is classified under NTEE code S41.
How many years of IRS 990 filings does Queen City Forward have?
Queen City Forward has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $204K in total revenue.
Filing History
IRS 990 filing history for Queen City Forward showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2017), Queen City Forward's revenue has declined by 11.5%, moving from $231K to $204K. Total assets decreased by 29.9% over the same period, from $29K to $20K. Total functional expenses fell by 10.7%, from $220K to $196K. In its most recent filing year (2017), Queen City Forward reported a surplus of $8K, with revenue exceeding expenses. The organization holds $6K in liabilities against $20K in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $204K | $196K | $20K | $6K | — | View 990 |
| 2016 | $173K | $181K | $7K | $234 | — | View 990 |
| 2015 | $231K | $220K | $29K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $204K, expenses of $196K, and assets of $20K (revenue +18.1% year-over-year).
- 2016: Revenue of $173K, expenses of $181K, and assets of $7K (revenue -25.1% year-over-year).
- 2015: Revenue of $231K, expenses of $220K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queen City Forward:
Data Sources and Methodology
This transparency report for Queen City Forward 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.