Paddle 4 Troops Inc is a 501(c)(3) organization based in Surf City, North Carolina, registered in 2018, with $55,588 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$56K
▼ 55.9% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$109K
Net assets
$84K
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 Paddle 4 Troops 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 Paddle 4 Troops Inc: 9 mo reserves · -96% margin earns a F 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 Paddle 4 Troops 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 Paddle 4 Troops Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $81K (FY2018) to $56K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-96.5%
Spent more than it raised in the latest fiscal year.
Total assets
$84K
Net assets
$84K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,588▼55.9% | $109,217▼14.7% | $84,213▼38.9% | $84,213▼38.9% | 990EZ |
| 2023 | $126,172▼10.5% | $128,046▲22.9% | $137,842▼1.3% | $137,842▼1.3% | 990EZ |
| 2022 | $140,934▲3.5% | $104,148▲73.5% | $139,716▲35.7% | $139,716▲35.7% | 990EZ |
| 2021 | $136,179▲985% | $60,032▲117% | $102,930▲284% | $102,930▲284% | 990EZ |
| 2020 | $12,555▼85.8% | $27,642▼73.4% | $26,783▼36.0% | $26,783▼36.0% | 990EZ |
| 2019 | $88,300▲9.5% | $104,105▲114% | $41,870▼27.4% | $41,870▼27.4% | 990EZ |
| 2018 | $80,647 | $48,662 | $57,675 | $57,675 | 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.
1 grant to Paddle 4 Troops Inc totaling $8,395, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2018 | $8,395 |
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Data for Paddle 4 Troops Inc (EIN 82-2084177) 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.