Benedict Allen Community Corp
EIN: 571016592 · Columbia, SC · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $74K |
| Net Assets | $256K |
Is Benedict Allen Community Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Benedict Allen Community Corp
Benedict Allen Community Corp (EIN: 571016592) is a nonprofit organization based in Columbia, SC, classified under NTEE code S31. The organization reported total revenue of $95K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benedict Allen Community Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benedict Allen Community Corp is a micro nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $74K |
| Surplus / Deficit | +$4K |
| Total Assets | $272K |
| Total Liabilities | $15K |
| Net Assets | $256K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 43.9 months |
Financial Health Grade: A
In 2023, Benedict Allen Community Corp reported a surplus of $4K with revenue exceeding expenses, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Benedict Allen Community Corp's revenue has declined at a compound annual growth rate (CAGR) of -22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +181.6% | +237.6% | +3.8% |
| 2022 | -45.7% | -93.8% | -29.9% |
| 2021 | -52.2% | -12.8% | -65.0% |
| 2019 | +59.0% | +38.6% | -21.9% |
| 2018 | -93.9% | +60.8% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Benedict Allen Community Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Benedict Allen Community Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Benedict Allen Community Corp
Is Benedict Allen Community Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Benedict Allen Community Corp (EIN: 571016592) insufficient data. 0 red flags identified, 0 strengths noted.
How does Benedict Allen Community Corp spend its money?
Detailed spending breakdown data is not yet available for Benedict Allen Community Corp. Check back for updated IRS 990 analysis.
Are donations to Benedict Allen Community Corp tax-deductible?
Benedict Allen Community Corp is registered as a tax-exempt nonprofit (EIN: 571016592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Benedict Allen Community Corp located?
Benedict Allen Community Corp is headquartered in Columbia, South Carolina and files with the IRS under EIN 571016592. It is classified under NTEE code S31.
How many years of IRS 990 filings does Benedict Allen Community Corp have?
Benedict Allen Community Corp has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $95K in total revenue.
Filing History
IRS 990 filing history for Benedict Allen Community Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Benedict Allen Community Corp's revenue has declined by 95.4%, moving from $1.7M to $78K. Total assets decreased by 89.5% over the same period, from $2.6M to $272K. Total functional expenses fell by 85.1%, from $500K to $74K. In its most recent filing year (2023), Benedict Allen Community Corp reported a surplus of $4K, with revenue exceeding expenses. The organization holds $15K in liabilities against $272K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $256K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $74K | $272K | $15K | — | — |
| 2022 | $28K | $22K | $262K | $15K | — | — |
| 2021 | $51K | $356K | $374K | $160K | — | — |
| 2019 | $107K | $408K | $1.1M | $268K | — | View 990 |
| 2018 | $67K | $294K | $1.4M | $260K | — | View 990 |
| 2017 | $1.1M | $183K | $1.6M | $245K | — | View 990 |
| 2016 | $144K | $80K | $704K | $306K | — | View 990 |
| 2015 | $84K | $360K | $642K | $308K | — | View 990 |
| 2014 | $17K | $337K | $612K | $2K | — | View 990 |
| 2013 | $168K | $667K | $1.1M | $203K | — | View 990 |
| 2012 | $49K | $1.1M | $1.7M | $257K | — | View 990 |
| 2011 | $1.7M | $500K | $2.6M | $91K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $74K, and assets of $272K (revenue +181.6% year-over-year).
- 2022: Revenue of $28K, expenses of $22K, and assets of $262K (revenue -45.7% year-over-year).
- 2021: Revenue of $51K, expenses of $356K, and assets of $374K (revenue -52.2% year-over-year).
- 2019: Revenue of $107K, expenses of $408K, and assets of $1.1M (revenue +59.0% year-over-year).
- 2018: Revenue of $67K, expenses of $294K, and assets of $1.4M (revenue -93.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $183K, and assets of $1.6M (revenue +671.7% year-over-year).
- 2016: Revenue of $144K, expenses of $80K, and assets of $704K (revenue +70.5% year-over-year).
- 2015: Revenue of $84K, expenses of $360K, and assets of $642K (revenue +392.4% year-over-year).
- 2014: Revenue of $17K, expenses of $337K, and assets of $612K (revenue -89.8% year-over-year).
- 2013: Revenue of $168K, expenses of $667K, and assets of $1.1M (revenue +243.3% year-over-year).
- 2012: Revenue of $49K, expenses of $1.1M, and assets of $1.7M (revenue -97.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $500K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benedict Allen Community Corp:
Data Sources and Methodology
This transparency report for Benedict Allen Community Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.