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Ole Asheboro Street Neighborhood Association Inc

EIN 56-2074393 · Greensboro, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2.TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3.TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4.TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5.TO DEVELOP AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMONG NEIGHBORS. 6.TO ENFORCE THE IMPLEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7.TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8.TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FU

Income
$-9,420
Spending
$17,138
Spent on programs
91%
Reserves
Over 10 years of spending
Employees
2

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 19% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $15,539 spent. THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2. TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3. TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4. TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5. TO DEVELOPME AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMOUNG NEIGHBORS. 6. TO ENFORCE THE IMPEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7. TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8. TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FURTHER THE GOALS OF THE ASSOCIATION. THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2. TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3. TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4. TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5. TO DEVELOPME AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMOUNG NEIGHBORS. 6. TO ENFORCE THE IMPEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7. TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8. TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FURTHER THE GOALS OF THE ASSOCIATION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.