Resident Lenders Of North Carolina
EIN: 561281433 · Wake Forest, NC
Is Resident Lenders Of North Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Resident Lenders Of North Carolina
Resident Lenders Of North Carolina (EIN: 561281433) is a nonprofit organization based in Wake Forest, NC. The organization reported total revenue of $274K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resident Lenders Of North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Resident Lenders Of North Carolina 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 Resident Lenders Of North Carolina 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.
Frequently Asked Questions about Resident Lenders Of North Carolina
Is Resident Lenders Of North Carolina a legitimate charity?
Based on AI analysis of IRS 990 filings, Resident Lenders Of North Carolina (EIN: 561281433) insufficient data. 0 red flags identified, 0 strengths noted.
How does Resident Lenders Of North Carolina spend its money?
Detailed spending breakdown data is not yet available for Resident Lenders Of North Carolina. Check back for updated IRS 990 analysis.
Are donations to Resident Lenders Of North Carolina tax-deductible?
Resident Lenders Of North Carolina is registered as a tax-exempt nonprofit (EIN: 561281433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Resident Lenders Of North Carolina showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Resident Lenders Of North Carolina's revenue has declined by 28.2%, moving from $411K to $295K. Total assets increased by 111% over the same period, from $164K to $347K. Total functional expenses fell by 4.2%, from $325K to $311K. In its most recent filing year (2023), Resident Lenders Of North Carolina reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $311K | $347K | $0 | — | View 990 |
| 2022 | $300K | $287K | $363K | $0 | — | View 990 |
| 2021 | $238K | $203K | $351K | $1K | — | View 990 |
| 2020 | $250K | $277K | $314K | $0 | — | — |
| 2019 | $256K | $288K | $341K | $0 | — | View 990 |
| 2018 | $298K | $258K | $372K | $0 | — | View 990 |
| 2017 | $281K | $243K | $332K | $0 | — | View 990 |
| 2016 | $277K | $257K | $294K | $0 | — | View 990 |
| 2015 | $288K | $241K | $275K | $0 | — | View 990 |
| 2014 | $282K | $267K | $228K | $0 | — | View 990 |
| 2013 | $192K | $240K | $213K | $0 | — | View 990 |
| 2012 | $317K | $221K | $260K | $0 | — | View 990 |
| 2011 | $411K | $325K | $164K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $311K, and assets of $347K (revenue -1.7% year-over-year).
- 2022: Revenue of $300K, expenses of $287K, and assets of $363K (revenue +25.9% year-over-year).
- 2021: Revenue of $238K, expenses of $203K, and assets of $351K (revenue -4.8% year-over-year).
- 2020: Revenue of $250K, expenses of $277K, and assets of $314K (revenue -2.2% year-over-year).
- 2019: Revenue of $256K, expenses of $288K, and assets of $341K (revenue -14.1% year-over-year).
- 2018: Revenue of $298K, expenses of $258K, and assets of $372K (revenue +6.0% year-over-year).
- 2017: Revenue of $281K, expenses of $243K, and assets of $332K (revenue +1.5% year-over-year).
- 2016: Revenue of $277K, expenses of $257K, and assets of $294K (revenue -3.8% year-over-year).
- 2015: Revenue of $288K, expenses of $241K, and assets of $275K (revenue +2.0% year-over-year).
- 2014: Revenue of $282K, expenses of $267K, and assets of $228K (revenue +46.7% year-over-year).
- 2013: Revenue of $192K, expenses of $240K, and assets of $213K (revenue -39.2% year-over-year).
- 2012: Revenue of $317K, expenses of $221K, and assets of $260K (revenue -23.0% year-over-year).
- 2011: Revenue of $411K, expenses of $325K, and assets of $164K.
Data Sources and Methodology
This transparency report for Resident Lenders Of North Carolina 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.