Is Reserve At Lake Keowee Community Foundation Legit?
Quick charity verification for Reserve At Lake Keowee Community Foundation (EIN: 201118597)
Verdict: Reserve At Lake Keowee Community Foundation appears trustworthy
90/100Mission Score
$276KRevenue
$490KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission.
Steady growth in assets over the past decade, from $208,835 in 2014 to $456,421 in 2023.
Low and manageable liabilities, demonstrating sound financial management.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Positive revenue trends over the long term, showing consistent fundraising ability.
Spending Breakdown
How Reserve At Lake Keowee Community Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Reserve At Lake Keowee Community Foundation
Is Reserve At Lake Keowee Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Reserve At Lake Keowee Community Foundation (EIN: 201118597) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Reserve At Lake Keowee Community Foundation a good charity to donate to?
Reserve At Lake Keowee Community Foundation has a Mission Score of 90/100. Revenue: $276K. Assets: $490K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reserve At Lake Keowee Community Foundation?
The Employer Identification Number (EIN) for Reserve At Lake Keowee Community Foundation is 201118597. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Reserve At Lake Keowee Community Foundation spend its money?
Reserve At Lake Keowee Community Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reserve At Lake Keowee Community Foundation's tax-exempt status?
You can verify Reserve At Lake Keowee Community Foundation's tax-exempt status using EIN 201118597 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Reserve At Lake Keowee Community Foundation demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past few years. For instance, in 2023, revenue was $199,390 against expenses of $225,962, indicating a slight deficit. However, in 2021, the organization reported a surplus with $281,867 in revenue and $238,704 in expenses. The organization's assets have shown growth over time, from $208,835 in 2014 to $456,421 in 2023, suggesting sound financial management and asset accumulation. Liabilities have remained relatively low and manageable, peaking at $34,987 in 2022.
Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a significant positive indicator for donor confidence. While specific program spending percentages are not detailed in the provided summary, the absence of executive compensation suggests that a substantial portion of funds is likely directed towards the organization's mission. The foundation's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency and regulatory compliance.