Is South Carolina Business Coalitionon Health Inc Legit?
Quick charity verification for South Carolina Business Coalitionon Health Inc (EIN: 204474372)
Verdict: South Carolina Business Coalitionon Health Inc shows mixed signals
55/100Mission Score
$180KRevenue
$110KAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in most reported periods, e.g., $191,658 expenses vs. $179,539 revenue in 2019).
Significant decline in total assets over the past several years, from $253,482 in 2017 to $109,624 in 2019.
Decreasing revenue trend, indicating potential challenges in funding or program demand.
Strengths
No reported officer compensation, suggesting a potentially low overhead for executive leadership.
Consistent filing of IRS 990 forms, indicating transparency in financial reporting.
Spending Breakdown
How South Carolina Business Coalitionon Health Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 South Carolina Business Coalitionon Health Inc
Is South Carolina Business Coalitionon Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina Business Coalitionon Health Inc (EIN: 204474372) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is South Carolina Business Coalitionon Health Inc a good charity to donate to?
South Carolina Business Coalitionon Health Inc has a Mission Score of 55/100. Revenue: $180K. Assets: $110K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Carolina Business Coalitionon Health Inc?
The Employer Identification Number (EIN) for South Carolina Business Coalitionon Health Inc is 204474372. 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 South Carolina Business Coalitionon Health Inc spend its money?
South Carolina Business Coalitionon Health Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Carolina Business Coalitionon Health Inc's tax-exempt status?
You can verify South Carolina Business Coalitionon Health Inc's tax-exempt status using EIN 204474372 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
South Carolina Business Coalition on Health Inc has experienced a significant decline in revenue and assets over the past several years, with revenue dropping from $329,870 in 2017 to $179,539 in 2019, and assets decreasing from $253,482 to $109,624 in the same period. The organization consistently reports expenses exceeding revenue, indicating a reliance on prior reserves or other funding sources to cover operational costs. For instance, in 2019, expenses were $191,658 against revenues of $179,539, resulting in a deficit.
The organization's financial health appears to be deteriorating, as evidenced by the consistent net losses and shrinking asset base. While the provided data does not detail specific spending categories (program, admin, fundraising), the consistent operational deficits are a concern. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation below reporting thresholds, which could be viewed positively for efficiency, but also raises questions about the scale of operations given the revenue levels. Further detailed financial statements would be needed to fully assess spending efficiency and program impact.
Transparency is generally good given the availability of 990 filings. However, the lack of specific breakdowns for program, administrative, and fundraising expenses in the provided summary limits a deeper analysis of spending efficiency. The consistent decline in financial resources warrants close monitoring.