North Columbia Business Association

Nonprofit profile at a glance

EIN
352354566
IRS 990-EZ coverage
2013–2023
Forms available
Form 990-EZ 2023, Form 990-N 2012
Location
Columbia, SC, USA
Phone
8039002664
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$49,880
Expenses
$93,227
Assets
$23

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Andrew Rabuck (President)
  • Alex Zelling (Vice President)

People named in this filing

  • Andrew Rabuck (President)
  • Alex Zelling (Vice President)
  • Kara Simmons (Secretary)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

NCBA exist to provie education networking opportunities & financial resources to new and developing business throughout North Columbia. Annual Cornbread and the Mayor's luncheon are the two most important programs we provide to support the business network in our community.

What it reported doing in 2023

The purpose of the Cookie Crawl event is to raise money for the NCBA beautification projects in the business corridor. It is hosted in the sweet district of downtown Columbia. Merchants will open their doors and offer a sampling of products, show off their goods and invite the public in for a festive evening. This allows the consumer to visit their business and attract tourists to the area for the holidays.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 12
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 68.8%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -86.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 5; 5th 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: 79.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -9.5% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 68.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.