N โ€” Recreation & SportsEIN: 834522850ยท Ruling Year: 2020

Carolinas Football Club

Cornelius, North Carolina

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$10.7M
Total Revenue
๐Ÿ“Š
$10.6M
Total Expenses
๐Ÿฆ
-$328K
Net Assets
๐Ÿ“‹
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.03
Net assets divided by total expenses
Liabilities-to-Assets
114.1%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$10,707,184โ†‘30%$10,635,905โ†‘30%$2,327,098โ†‘128%
2022$8,219,866โ†‘4%$8,170,763โ†‘4%$1,019,941โ†“43%
2021$7,874,250โ†‘105%$7,831,538โ†‘45%$1,803,647โ†‘34%
2020$3,836,031$5,405,370$1,347,384โ†‘314%
2019$0$0$325,756

Frequently Asked Questions

What does Carolinas Football Club do?โ–ผ

Carolinas Football Club is a recreation & sports nonprofit organization based in North Carolina. It is classified under NTEE code N64 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carolinas Football Club financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Carolinas Football Club has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Carolinas Football Club generate?โ–ผ

Carolinas Football Club reports $10.7M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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Carolinas Football Club โ€” Cornelius, NC | GiveScope