Carolina Charitable Medical Foundation Inc
EIN: 861915176 · Columbia, SC · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $12K |
| Net Assets | $2K |
Is Carolina Charitable Medical Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Charitable Medical Foundation Inc
Carolina Charitable Medical Foundation Inc (EIN: 861915176) is a nonprofit organization based in Columbia, SC, classified under NTEE code T99. The organization reported total revenue of $15K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Charitable Medical Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Charitable Medical Foundation Inc is a micro nonprofit that has been operating for 4 years.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $12K |
| Surplus / Deficit | +$2K |
| Total Assets | $4K |
| Total Liabilities | $2K |
| Net Assets | $2K |
| Operating Margin | 14.5% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2021, Carolina Charitable Medical Foundation Inc reported a surplus of $2K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 50.9% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Charitable Medical Foundation Inc 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 Carolina Charitable Medical Foundation Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Frequently Asked Questions about Carolina Charitable Medical Foundation Inc
Is Carolina Charitable Medical Foundation Inc a legitimate charity?
Carolina Charitable Medical Foundation Inc (EIN: 861915176) is a registered tax-exempt nonprofit based in South Carolina. Total revenue: $15K. No red flags identified. Financial health grade: A.
How does Carolina Charitable Medical Foundation Inc spend its money?
Carolina Charitable Medical Foundation Inc reported $15K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carolina Charitable Medical Foundation Inc tax-deductible?
Carolina Charitable Medical Foundation Inc is registered as a tax-exempt nonprofit (EIN: 861915176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Charitable Medical Foundation Inc located?
Carolina Charitable Medical Foundation Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 861915176. It is classified under NTEE code T99.
Filing History
IRS 990 filing history for Carolina Charitable Medical Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2021), Carolina Charitable Medical Foundation Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2K in liabilities against $4K in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $15K | $12K | $4K | $2K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Charitable Medical Foundation Inc:
Data Sources and Methodology
This transparency report for Carolina Charitable Medical Foundation Inc 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.