Broad & Gales Creek Community Assoc
501(c)(4) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Broad & Gales Creek Community Assoc is a 501(c)(4) organization based in Newport, North Carolina, registered in 1991, with $589,666 in FY2024 revenue. CharityIndex grades it C+.
3010 Highway 24, Newport, NC, 28570 EIN 58-1918470 Since 1991
Revenue (FY2024)
$590K
▲ 7.7% vs prior year
Expenses (FY2024)
$529K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Broad & Gales Creek Community Assoc— 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 rating30 mo reserves · +10% 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 Broad & Gales Creek Community Assoc: 30 mo reserves · +10% 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 Broad & Gales Creek Community Assoc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Broad & Gales Creek Community Assoc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3010 Highway 24, Newport, NC, 28570
- City
- Newport
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue held steady from $582K (FY2013) to $590K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $106KNet assets $1.3M
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$106K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $589,666▲7.7% | $529,104▲7.5% | $1,303,409▲4.9% | $1,408,964▼2.3% | 990 |
| 2023 | $547,735▲2.0% | $492,013▼2.0% | $1,242,847▲4.7% | $1,441,932▼1.5% | 990 |
| 2022 | $536,744▲6.3% | $501,922▲9.5% | $1,187,125▲3.0% | $1,463,520▼3.0% | 990 |
| 2021 | $504,774▲7.2% | $458,169▲23.1% | $1,152,303▲4.2% | $1,509,368▼2.2% | 990 |
| 2020 | $470,931▼9.9% | $372,093▼23.1% | $1,105,698▲15.5% | $1,542,719▲5.0% | 990 |
| 2019 | $522,865▲20.5% | $483,665▲13.1% | $957,364▲4.6% | $1,469,854▼4.3% | 990 |
| 2018 | $433,979▲1.5% | $427,485▼6.8% | $915,603▼53.7% | $1,535,773▼35.5% | 990 |
| 2017 | $427,465▲30.3% | $458,525▲20.9% | $1,979,519▲13.5% | $2,381,714▲11.0% | 990 |
| 2015 | $328,131▲1.0% | $379,186▼4.1% | $1,744,237▼2.8% | $2,146,655▼2.3% | 990 |
| 2014 | $324,817▼44.2% | $395,383▲67.3% | $1,795,292▼3.8% | $2,197,737▼3.1% | 990 |
| 2013 | $582,167 | $236,355▼7.2% | $1,865,858▲22.8% | $2,268,924▲49.3% | 990 |
| 2012 | — | $254,827 | $1,520,046 | $1,520,046 | 990 |
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 Broad & Gales Creek Community Assoc a legitimate nonprofit?
- Yes. Broad & Gales Creek Community Assoc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 58-1918470, based in Newport, North Carolina. Donations are tax-deductible.
- What is Broad & Gales Creek Community Assoc's EIN?
- Broad & Gales Creek Community Assoc's Employer Identification Number (EIN) is 58-1918470.
- How much revenue does Broad & Gales Creek Community Assoc report?
- Broad & Gales Creek Community Assoc reported $589,666 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Broad & Gales Creek Community Assoc have?
- CharityIndex grades Broad & Gales Creek Community Assoc C+, based on financial health (reserves and operating margin).
More nonprofits in Newport
Explore more
Data for Broad & Gales Creek Community Assoc (EIN 58-1918470) 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.