Is Sumter Emc Foundation Inc Legit?

Quick charity verification for Sumter Emc Foundation Inc (EIN: 161639226)

Verdict: Sumter Emc Foundation Inc appears trustworthy

88/100Mission Score
$152KRevenue
$227KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Sumter Emc Foundation Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Sumter Emc Foundation Inc

Is Sumter Emc Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Sumter Emc Foundation Inc (EIN: 161639226) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Sumter Emc Foundation Inc a good charity to donate to?

Sumter Emc Foundation Inc has a Mission Score of 88/100. Revenue: $152K. Assets: $227K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sumter Emc Foundation Inc?

The Employer Identification Number (EIN) for Sumter Emc Foundation Inc is 161639226. 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 Sumter Emc Foundation Inc spend its money?

Sumter Emc Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sumter Emc Foundation Inc's tax-exempt status?

You can verify Sumter Emc Foundation Inc's tax-exempt status using EIN 161639226 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

Sumter Emc Foundation Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean operational structure. The foundation's assets have shown growth over time, from $76,058 in 2013 to $227,243 currently, suggesting sound financial management and an ability to build reserves. However, the 2023 fiscal period saw expenses ($82,397) exceed revenue ($69,271), leading to a decrease in assets from the previous year's $184,307 to $171,181. This trend warrants monitoring to ensure long-term sustainability. The organization's revenue has fluctuated significantly, from a low of $49,026 in 2014 to a high of $156,230 in 2021, and currently stands at $152,300. This variability could impact consistent program delivery if not managed with adequate reserves. The consistent reporting of zero liabilities across all periods is a strong indicator of financial health and responsible fiscal practices. The lack of officer compensation also points to a high degree of transparency regarding executive pay, as there is none to report.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages