Carolina Regional Mustang Club
Nonprofit profile at a glance
- EIN
- 562037359
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990 2014, Form 990-EZ 2025, Form 990-N 2022
- Location
- Pineville, NC, USA
- Phone
- 6313009229
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $61,444
- Expenses
- $58,420
- Assets
- $38,046
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- PHIL BROOKS (PRESIDENT)
People named in this filing
- PHIL BROOKS (PRESIDENT)
- WILDEN D HARBOUR (VP)
- ANTHONY ROSARIO (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote social welfare using the clubs focus on the preservation and promotion of mustang automobiles manufactured since 1964.
What it reported doing in 2025
Performance driving school provides an opportunity for registeredparticipants to imrpove their driving skills under the tutelageof an experienced instructor
Operating model
- Revenue model
- Membership-supported. 88% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70%; rating input score 70
- Program expense ratio: 73.6%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 70% of revenue deployed · 73.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $43K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.