Accessories Resource Team 1 Inc
501(c)(6)
Only null% goes to programs Growing revenue
Accessories Resource Team 1 Inc is a 501(c)(6) organization based in Charlotte, North Carolina, registered in 1997, with $268,542 in FY2024 revenue. CharityIndex grades it B.
Po Box 31813, Charlotte, NC, 28231 EIN 59-3287834 Since 1997
Revenue (FY2024)
$269K
▼ 16.6% vs prior year
Expenses (FY2024)
$269K
Net assets
$121K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Accessories Resource Team 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Accessories Resource Team 1 Inc: 5 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Accessories Resource Team 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Accessories Resource Team 1 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 31813, Charlotte, NC, 28231
- City
- Charlotte
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $125K (FY2015) to $269K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $23KNet assets $121K
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$144K
Total liabilities
$23K
Net assets
$121K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $268,542▼16.6% | $269,160▲9.2% | $120,693▼0.5% | $143,954▼7.7% | 990 |
| 2023 | $322,003▲38.2% | $246,485▼1.9% | $121,311▲165% | $156,023▲102% | 990 |
| 2022 | $232,969▲34.8% | $251,333▲21.7% | $45,793▼28.6% | $77,053▼15.0% | 990 |
| 2021 | $172,849▲6.2% | $206,506▲45.9% | $64,157▼34.4% | $90,616▼16.4% | 990EZ |
| 2020 | $162,761▼30.4% | $141,561▼33.9% | $97,814▲27.7% | $108,445▼2.2% | 990EZ |
| 2019 | $233,808▼1.4% | $214,268▲18.2% | $76,614▲34.2% | $110,861▲52.2% | 990 |
| 2018 | $237,185▲17.8% | $181,217▲2.9% | $57,074▲5060% | $72,830▲84.0% | 990 |
| 2017 | $201,262▲10.2% | $176,180▼15.4% | $1,106▲105% | $39,581▼8.4% | 990 |
| 2016 | $182,554▲45.6% | $208,249▲89.0% | -$23,976▼1495% | $43,205▲38.2% | 990EZ |
| 2015 | $125,390 | $110,185 | $1,719 | $31,257 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Accessories Resource Team 1 Inc a legitimate nonprofit?
- Yes. Accessories Resource Team 1 Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 59-3287834, based in Charlotte, North Carolina.
- What is Accessories Resource Team 1 Inc's EIN?
- Accessories Resource Team 1 Inc's Employer Identification Number (EIN) is 59-3287834.
- How much revenue does Accessories Resource Team 1 Inc report?
- Accessories Resource Team 1 Inc reported $268,542 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Accessories Resource Team 1 Inc have?
- CharityIndex grades Accessories Resource Team 1 Inc B, based on financial health (reserves and operating margin).
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Data for Accessories Resource Team 1 Inc (EIN 59-3287834) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.