Cal-lab Association is a 501(c)(6) organization based in Elkin, North Carolina, registered in 2015, with $280,625 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$281K
▲ 1.3% vs prior year
Membership median: $185K
Expenses (FY2024)
$311K
Net assets
$223K
Employees
—
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 Cal-lab Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Cal-lab Association: 9 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
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 Cal-lab Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Cal-lab Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $321K (FY2017) to $281K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-10.7%
Spent more than it raised in the latest fiscal year.
Total assets
$381K
Total liabilities
$159K
Net assets
$223K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $280,625▲1.3% | $310,617▲10.2% | $222,632▼11.9% | $381,167▼19.3% | 990 |
| 2023 | $277,075▲486% | $281,831▲357% | $252,624▼1.8% | $472,434▼3.3% | 990 |
| 2022 | $47,250▲76.6% | $61,625▲10.2% | $257,380▼5.3% | $488,535▼4.9% | 990 |
| 2021 | $26,754▼90.7% | $55,922▼82.0% | $271,756▼9.7% | $513,675▲38.6% | 990 |
| 2020 | $288,572▲3.6% | $310,954▲8.6% | $300,924▼6.9% | $370,744▼30.1% | 990 |
| 2019 | $278,469▼13.2% | $286,404▼11.5% | $323,306▲23.1% | $530,626▲18.9% | 990 |
| 2017 | $320,759 | $323,459 | $262,657 | $446,405 | 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.
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Data for Cal-lab Association (EIN 47-1297578) 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.