Strong Center Incorporated
EIN: 461431210 · Fuquay Varina, NC · NTEE: O20
Is Strong Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Strong Center Incorporated
Strong Center Incorporated (EIN: 461431210) is a nonprofit organization based in Fuquay Varina, NC, classified under NTEE code O20. The organization reported total revenue of $212K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strong Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strong Center Incorporated is a small nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $194K |
| Surplus / Deficit | +$40K |
| Total Assets | $79K |
| Total Liabilities | $17K |
| Net Assets | $62K |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 21.1% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2022, Strong Center Incorporated reported a surplus of $40K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 21.1% (moderate leverage).
Financial Trends
Over 7 years of filings (2015–2022), Strong Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.3% | +8.9% | +155.1% |
| 2021 | +39.0% | +5.2% | -49.7% |
| 2020 | +9.9% | +25.2% | +112.2% |
| 2018 | +146.1% | +183.7% | +12.9% |
| 2017 | -30.8% | -47.9% | +27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Strong Center Incorporated 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 Strong Center Incorporated 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.1%.
Frequently Asked Questions about Strong Center Incorporated
Is Strong Center Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Strong Center Incorporated (EIN: 461431210) insufficient data. 0 red flags identified, 0 strengths noted.
How does Strong Center Incorporated spend its money?
Detailed spending breakdown data is not yet available for Strong Center Incorporated. Check back for updated IRS 990 analysis.
Are donations to Strong Center Incorporated tax-deductible?
Strong Center Incorporated is registered as a tax-exempt nonprofit (EIN: 461431210). 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 Strong Center Incorporated showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2022), Strong Center Incorporated's revenue has grown by 183.7%, moving from $82K to $234K. Total assets increased by 126% over the same period, from $35K to $79K. Total functional expenses rose by 166%, from $73K to $194K. In its most recent filing year (2022), Strong Center Incorporated reported a surplus of $40K, with revenue exceeding expenses. The organization holds $17K in liabilities against $79K in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $234K | $194K | $79K | $17K | — | View 990 |
| 2021 | $200K | $178K | $31K | $9K | — | View 990 |
| 2020 | $144K | $169K | $61K | $61K | — | View 990 |
| 2018 | $131K | $135K | $29K | $8K | — | View 990 |
| 2017 | $53K | $48K | $26K | $0 | — | View 990 |
| 2016 | $77K | $92K | $20K | $0 | — | View 990 |
| 2015 | $82K | $73K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $234K, expenses of $194K, and assets of $79K (revenue +17.3% year-over-year).
- 2021: Revenue of $200K, expenses of $178K, and assets of $31K (revenue +39.0% year-over-year).
- 2020: Revenue of $144K, expenses of $169K, and assets of $61K (revenue +9.9% year-over-year).
- 2018: Revenue of $131K, expenses of $135K, and assets of $29K (revenue +146.1% year-over-year).
- 2017: Revenue of $53K, expenses of $48K, and assets of $26K (revenue -30.8% year-over-year).
- 2016: Revenue of $77K, expenses of $92K, and assets of $20K (revenue -6.9% year-over-year).
- 2015: Revenue of $82K, expenses of $73K, and assets of $35K.
Data Sources and Methodology
This transparency report for Strong Center Incorporated 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.