Teen Driving Solutions School Inc
EIN: 452035043 · Willow Spring, NC · NTEE: M42
| Metric | Value |
|---|---|
| Total Revenue | $286K |
| Total Expenses | $407K |
| Net Assets | $129K |
Is Teen Driving Solutions School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teen Driving Solutions School Inc
Teen Driving Solutions School Inc (EIN: 452035043) is a nonprofit organization based in Willow Spring, NC, classified under NTEE code M42. The organization reported total revenue of $286K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teen Driving Solutions School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teen Driving Solutions School Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $445K |
| Total Expenses | $407K |
| Surplus / Deficit | +$38K |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 8.5% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Teen Driving Solutions School Inc reported a surplus of $38K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Teen Driving Solutions School Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +58.9% | +41.7% |
| 2022 | +122.9% | +86.9% | +121.4% |
| 2021 | +117.6% | +183.5% | -64.5% |
| 2020 | -42.7% | -68.4% | +40.7% |
| 2019 | +7.8% | +31.4% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teen Driving Solutions School 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 Teen Driving Solutions School 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
Frequently Asked Questions about Teen Driving Solutions School Inc
Is Teen Driving Solutions School Inc a legitimate charity?
Teen Driving Solutions School Inc (EIN: 452035043) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $286K. No red flags identified. Financial health grade: A.
How does Teen Driving Solutions School Inc spend its money?
Teen Driving Solutions School Inc reported $286K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teen Driving Solutions School Inc tax-deductible?
Teen Driving Solutions School Inc is registered as a tax-exempt nonprofit (EIN: 452035043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teen Driving Solutions School Inc located?
Teen Driving Solutions School Inc is headquartered in Willow Spring, North Carolina and files with the IRS under EIN 452035043. It is classified under NTEE code M42.
How many years of IRS 990 filings does Teen Driving Solutions School Inc have?
Teen Driving Solutions School Inc has 12 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 $286K in total revenue.
Filing History
IRS 990 filing history for Teen Driving Solutions School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Teen Driving Solutions School Inc's revenue has grown by 435.3%, moving from $83K to $445K. Total assets increased by 5397.3% over the same period, from $2K to $129K. Total functional expenses rose by 403.8%, from $81K to $407K. In its most recent filing year (2023), Teen Driving Solutions School Inc reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $445K | $407K | $129K | $0 | — | — |
| 2022 | $397K | $256K | $91K | $0 | — | View 990 |
| 2021 | $178K | $137K | $41K | $91K | — | View 990 |
| 2020 | $82K | $48K | $116K | $0 | — | View 990 |
| 2019 | $143K | $153K | $83K | $0 | — | View 990 |
| 2018 | $132K | $116K | $90K | $0 | — | View 990 |
| 2017 | $134K | $85K | $74K | $0 | — | — |
| 2016 | $84K | $78K | $25K | $0 | — | View 990 |
| 2015 | $92K | $97K | $19K | $0 | — | View 990 |
| 2014 | $117K | $100K | $23K | $0 | — | View 990 |
| 2013 | $85K | $81K | $6K | $0 | — | View 990 |
| 2012 | $83K | $81K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $445K, expenses of $407K, and assets of $129K (revenue +12.0% year-over-year).
- 2022: Revenue of $397K, expenses of $256K, and assets of $91K (revenue +122.9% year-over-year).
- 2021: Revenue of $178K, expenses of $137K, and assets of $41K (revenue +117.6% year-over-year).
- 2020: Revenue of $82K, expenses of $48K, and assets of $116K (revenue -42.7% year-over-year).
- 2019: Revenue of $143K, expenses of $153K, and assets of $83K (revenue +7.8% year-over-year).
- 2018: Revenue of $132K, expenses of $116K, and assets of $90K (revenue -1.3% year-over-year).
- 2017: Revenue of $134K, expenses of $85K, and assets of $74K (revenue +60.1% year-over-year).
- 2016: Revenue of $84K, expenses of $78K, and assets of $25K (revenue -9.4% year-over-year).
- 2015: Revenue of $92K, expenses of $97K, and assets of $19K (revenue -21.0% year-over-year).
- 2014: Revenue of $117K, expenses of $100K, and assets of $23K (revenue +37.4% year-over-year).
- 2013: Revenue of $85K, expenses of $81K, and assets of $6K (revenue +2.6% year-over-year).
- 2012: Revenue of $83K, expenses of $81K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teen Driving Solutions School Inc:
Data Sources and Methodology
This transparency report for Teen Driving Solutions School 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.