Solid-axle Corvette Club is a 501(c)(7) organization based in N Highlands, California, registered in 1995, with $49,393 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$49K
▲ 14.4% vs prior year
Expenses (FY2024)
$58K
Net assets
$87K
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 Solid-axle Corvette Club— 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 Solid-axle Corvette Club: 18 mo reserves · -17% 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 Solid-axle Corvette Club— 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 Solid-axle Corvette Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $50K (FY2010) to $49K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-17.4%
Spent more than it raised in the latest fiscal year.
Total assets
$119K
Total liabilities
$32K
Net assets
$87K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,393▲14.4% | $58,011▲60.1% | $86,883▼12.1% | $118,848▼10.5% | 990EZ |
| 2023 | $43,176▼35.8% | $36,238▼12.9% | $98,852▲21.2% | $132,810▲10.2% | 990EZ |
| 2022 | $67,239▲21.6% | $41,618▼9.9% | $81,594▲54.8% | $120,529▲27.0% | 990EZ |
| 2021 | $55,291▲27.7% | $46,198▲1.6% | $52,719▲56.3% | $94,909▲42.1% | 990EZ |
| 2015 | $43,313▼15.5% | $45,482▼12.2% | $33,735▼6.0% | $66,810▼12.4% | 990EZ |
| 2014 | $51,279▲3.6% | $51,806▲20.1% | $35,904▼9.1% | $76,244▲15.0% | 990EZ |
| 2010 | $49,508 | $43,136 | $39,496 | $66,308 | 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 Solid-axle Corvette Club (EIN 93-1153679) 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.