Youth Golf Foundation Of The Carolinas
EIN: 562245026 · Charlotte, NC · NTEE: N6A
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Net Assets | $5.3M |
Is Youth Golf Foundation Of The Carolinas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Youth Golf Foundation Of The Carolinas
Youth Golf Foundation Of The Carolinas (EIN: 562245026) is a nonprofit organization based in Charlotte, NC, classified under NTEE code N6A. The organization reported total revenue of $2.4M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youth Golf Foundation Of The Carolinas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Youth Golf Foundation Of The Carolinas is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-158,149 |
| Total Assets | $5.6M |
| Total Liabilities | $372K |
| Net Assets | $5.3M |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2023, Youth Golf Foundation Of The Carolinas reported a deficit of $158K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Youth Golf Foundation Of The Carolinas's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +16.8% | +0.4% |
| 2022 | +7.9% | +21.5% | +4.5% |
| 2021 | +93.1% | +39.4% | +10.8% |
| 2020 | -20.9% | -4.6% | +1.1% |
| 2019 | -13.7% | +5.7% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Youth Golf Foundation Of The Carolinas 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 Youth Golf Foundation Of The Carolinas 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 deficit of $158K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Frequently Asked Questions about Youth Golf Foundation Of The Carolinas
Is Youth Golf Foundation Of The Carolinas a legitimate charity?
Youth Golf Foundation Of The Carolinas (EIN: 562245026) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: B.
How does Youth Golf Foundation Of The Carolinas spend its money?
Youth Golf Foundation Of The Carolinas reported $2.4M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Youth Golf Foundation Of The Carolinas tax-deductible?
Youth Golf Foundation Of The Carolinas is registered as a tax-exempt nonprofit (EIN: 562245026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Youth Golf Foundation Of The Carolinas located?
Youth Golf Foundation Of The Carolinas is headquartered in Charlotte, North Carolina and files with the IRS under EIN 562245026. It is classified under NTEE code N6A.
How many years of IRS 990 filings does Youth Golf Foundation Of The Carolinas have?
Youth Golf Foundation Of The Carolinas has 13 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Youth Golf Foundation Of The Carolinas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Youth Golf Foundation Of The Carolinas's revenue has grown by 222%, moving from $590K to $1.9M. Total assets increased by 129.6% over the same period, from $2.4M to $5.6M. Total functional expenses rose by 365.2%, from $442K to $2.1M. In its most recent filing year (2023), Youth Golf Foundation Of The Carolinas reported a deficit of $158K, with expenses exceeding revenue. The organization holds $372K in liabilities against $5.6M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $5.6M | $372K | — | View 990 |
| 2022 | $2.0M | $1.8M | $5.6M | $350K | — | — |
| 2021 | $1.9M | $1.5M | $5.4M | $74K | — | View 990 |
| 2020 | $977K | $1.0M | $4.8M | $56K | — | View 990 |
| 2019 | $1.2M | $1.1M | $4.8M | $57K | — | View 990 |
| 2018 | $1.4M | $1.0M | $4.5M | $45K | — | View 990 |
| 2017 | $1.4M | $969K | $4.2M | $39K | — | View 990 |
| 2016 | $1.0M | $1.1M | $3.7M | $47K | — | View 990 |
| 2015 | $1.3M | $1.0M | $3.8M | $56K | — | View 990 |
| 2014 | $978K | $709K | $3.5M | $39K | — | View 990 |
| 2013 | $1.0M | $588K | $3.3M | $75K | — | View 990 |
| 2012 | $781K | $431K | $2.8M | $44K | — | View 990 |
| 2011 | $590K | $442K | $2.4M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $5.6M (revenue -6.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $5.6M (revenue +7.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.5M, and assets of $5.4M (revenue +93.1% year-over-year).
- 2020: Revenue of $977K, expenses of $1.0M, and assets of $4.8M (revenue -20.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $4.8M (revenue -13.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.0M, and assets of $4.5M (revenue +2.5% year-over-year).
- 2017: Revenue of $1.4M, expenses of $969K, and assets of $4.2M (revenue +37.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $3.7M (revenue -23.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.0M, and assets of $3.8M (revenue +35.2% year-over-year).
- 2014: Revenue of $978K, expenses of $709K, and assets of $3.5M (revenue -6.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $588K, and assets of $3.3M (revenue +33.4% year-over-year).
- 2012: Revenue of $781K, expenses of $431K, and assets of $2.8M (revenue +32.4% year-over-year).
- 2011: Revenue of $590K, expenses of $442K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Youth Golf Foundation Of The Carolinas:
Data Sources and Methodology
This transparency report for Youth Golf Foundation Of The Carolinas 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.