Nrc INC EIN 80-0678464 Form 990 (PDF) Claim this org

Nrc INC

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Improves neighborhood functions and community matters. For fiscal year 2025 it reported $430K in revenue, $0 in expenses, and $182K in net assets.Pt I

Type
Mutual-benefit / member-serving · Recreation & Sports
Location
Bluffton, SC
Filings
6 on file (2020–2025)
Revenue
$430KFY2025
Expenses
$0
Net assets
$182K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0678464 Mutual-benefit / member-serving Bluffton, SC
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves neighborhood functions and community matters.
Leadership
Charles C Hewitt · Secretary-Treasurer
Money in and out
$430K revenue, $0 expenses
Bottom line
+100% surplus margin
Reported financial activity · FY2025
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$182K
Pt X · Ln 32
Surplus margin
+100%
revenue over expenses, this year▲ +530% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$430K
FY2025▲ +7%
Expenses
$0
FY2025▼ -100%
Total assets
$182K
FY2025▲ +28%
Total liabilities
$0
FY2025
Total revenue
$430K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$182K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$430K
Total assetsPt X · Ln 16$182K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNrc INC
EINHdr · item D80-0678464
Principal addressHdr · item CBluffton, SC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFRecreation & Sports (N50)
Ruling yearIRS BMFSep 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary-Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $735K of program spending, described in the organization's own filed words · FY2025.
01

Neighborhood functions within the Community and related matters.

$367Kprogram expense
02

Neighborhood functions within the Community and related matters.

$367Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$326K · 76%
Contributions & grants$81K · 19%
Other revenue$23K · 5%
Program service revenue76%$326K
Contributions & grants19%$81K
Other revenue5%$23K
Total revenueLn 12$430K

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$182K
Total liabilitiesLn 26$0
Total net assetsLn 32$182K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $182K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $64K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $81K · Total revenue $430K
19%
Government reliance
Government grants — · Total revenue $430K
Earned-income share
Program service revenue $326K · Total revenue $430K
76%
Investment reliance
Investment income $0 · Total revenue $430K
0%
Program self-sufficiency
Program service revenue $326K · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $430K · Prior year $403K
+7%
Revenue CAGR
FY2020 $106K · FY2025 $430K
+32%
Net-asset trend (YoY)
End of year $182K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $430K · Expenses $0
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $182K
Net-asset ratio
Net assets $182K · Total assets $182K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $182K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charles C Hewitt · Reported title Secretary-Treasurer · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$100

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$430K revenue · viewing · ⤓ 990 PDF
FY2024$403K revenue · ⤓ 990 PDF
FY2023$394K revenue · ⤓ 990 PDF
FY2022$338K revenue · ⤓ 990 PDF
FY2021$233K revenue · ⤓ 990 PDF
FY2020$106K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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