Cars V Inc is a 501(c)(3) organization based in Savannah, Georgia, registered in 1989, with $73,272 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$73K
▲ 1.1% vs prior year
Expenses (FY2023)
$70K
Net assets
-$29K
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 Cars V Inc— 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 Cars V Inc: 0 mo reserves · +4% margin earns a D 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 Cars V Inc— 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 Cars V Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $60K (FY2012) to $73K (FY2023) across 12 reported years.
Financial snapshot
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55K
Total liabilities
$84K
Net assets
-$29K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $73,272▲1.1% | $70,259▲3.9% | -$29,308▲9.3% | $54,718▼6.6% | 990EZ |
| 2022 | $72,440▲2.6% | $67,631▲4.4% | -$32,321▲13.0% | $58,614▼3.9% | 990EZ |
| 2021 | $70,610▲2.3% | $64,776▼1.9% | -$37,130▲13.6% | $60,987▼0.7% | 990EZ |
| 2020 | $68,991▲1.4% | $66,050▲2.6% | -$42,964▲6.4% | $61,437▼3.2% | 990EZ |
| 2019 | $68,010▲2.4% | $64,355▲0.6% | -$45,905▲7.4% | $63,444▼3.4% | 990EZ |
| 2018 | $66,448▲1.8% | $63,945▼0.5% | -$49,560▲4.8% | $65,650▼3.3% | 990EZ |
| 2017 | $65,292▲1.5% | $64,269▼4.0% | -$52,063▲1.9% | $67,922▼3.7% | 990EZ |
| 2016 | $64,304▲2.2% | $66,968▲11.4% | -$53,086▼5.3% | $70,523▼9.5% | 990EZ |
| 2015 | $62,929▲1.6% | $60,141▼2.4% | -$50,422▲5.2% | $77,959▼2.9% | 990EZ |
| 2014 | $61,926▲1.4% | $61,623▲1.0% | -$53,210▲0.6% | $80,283▼1.8% | 990EZ |
| 2013 | $61,051▲2.5% | $61,022▲1.5% | -$53,513▲0.1% | $81,783▼5.1% | 990EZ |
| 2012 | $59,566 | $60,139 | -$53,542 | $86,190 | 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.
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Data for Cars V Inc (EIN 58-1840765) 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.