Briarcliffe Homeowners Association
EIN: 570757124 · Elgin, SC · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $46K |
| Net Assets | $14K |
Is Briarcliffe Homeowners Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Briarcliffe Homeowners Association
Briarcliffe Homeowners Association (EIN: 570757124) is a nonprofit organization based in Elgin, SC, classified under NTEE code N50. The organization reported total revenue of $60K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Briarcliffe Homeowners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Briarcliffe Homeowners Association is a micro nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $46K |
| Surplus / Deficit | $-10,376 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -28.7% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Briarcliffe Homeowners Association reported a deficit of $10K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2021–2023), Briarcliffe Homeowners Association's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | +146.5% | -41.9% |
| 2022 | +24.6% | -49.6% | +467.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Briarcliffe Homeowners Association 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 Briarcliffe Homeowners Association 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 deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Briarcliffe Homeowners Association
Is Briarcliffe Homeowners Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Briarcliffe Homeowners Association (EIN: 570757124) insufficient data. 0 red flags identified, 0 strengths noted.
How does Briarcliffe Homeowners Association spend its money?
Detailed spending breakdown data is not yet available for Briarcliffe Homeowners Association. Check back for updated IRS 990 analysis.
Are donations to Briarcliffe Homeowners Association tax-deductible?
Briarcliffe Homeowners Association is registered as a tax-exempt nonprofit (EIN: 570757124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Briarcliffe Homeowners Association located?
Briarcliffe Homeowners Association is headquartered in Elgin, South Carolina and files with the IRS under EIN 570757124. It is classified under NTEE code N50.
How many years of IRS 990 filings does Briarcliffe Homeowners Association have?
Briarcliffe Homeowners Association has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $60K in total revenue.
Filing History
IRS 990 filing history for Briarcliffe Homeowners Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Briarcliffe Homeowners Association's revenue has grown by 14.5%, moving from $32K to $36K. Total assets increased by 229.8% over the same period, from $4K to $14K. Total functional expenses rose by 24.2%, from $37K to $46K. In its most recent filing year (2023), Briarcliffe Homeowners Association reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $46K | $14K | $0 | — | — |
| 2022 | $39K | $19K | $25K | $0 | — | View 990 |
| 2021 | $32K | $37K | $4K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $46K, and assets of $14K (revenue -8.1% year-over-year).
- 2022: Revenue of $39K, expenses of $19K, and assets of $25K (revenue +24.6% year-over-year).
- 2021: Revenue of $32K, expenses of $37K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Briarcliffe Homeowners Association:
Data Sources and Methodology
This transparency report for Briarcliffe Homeowners Association 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.