Carolina Christian Foundation Inc
Carolina Christian Foundation Inc reports zero revenue and assets in its latest filing, indicating potential dormancy or cessation of operations.
EIN: 10917763 · Edisto Island, SC · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Expenses | $550 |
| Net Assets | $220K |
| Transparency Score | 10/100 |
Is Carolina Christian Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Christian Foundation Inc
Carolina Christian Foundation Inc (EIN: 10917763) is a nonprofit organization based in Edisto Island, SC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Christian Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Christian Foundation Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -22.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $550 |
| Surplus / Deficit | +$5K |
| Total Assets | $220K |
| Net Assets | $220K |
| Operating Margin | 90.0% |
| Months of Reserves | 4807.5 months |
Financial Health Grade: A
In 2016, Carolina Christian Foundation Inc reported a surplus of $5K with revenue exceeding expenses, holds 4807.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Carolina Christian Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -28.6% | +100.0% | — |
| 2015 | -84.9% | -99.7% | -100.0% |
| 2014 | -18.4% | -24.4% | -6.7% |
| 2013 | +7.0% | -12.7% | -8.6% |
| 2012 | +206.8% | -30.2% | -10.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carolina Christian Foundation Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Carolina Christian Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating that no officers received compensation from the organization.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Carolina Christian Foundation Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, suggesting dormancy or closure.
- Consistent historical pattern of expenses exceeding revenue.
- Significant decline in assets from $827,514 in 2011 to $0 in the latest filing.
Strengths
The following positive indicators were identified for Carolina Christian Foundation Inc:
- No reported officer compensation across all filings, indicating a volunteer-led or very lean leadership structure historically.
Frequently Asked Questions about Carolina Christian Foundation Inc
Is Carolina Christian Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carolina Christian Foundation Inc (EIN: 10917763) significant concerns. Mission Score: 10/100. 3 red flags identified, 1 strength noted.
How does Carolina Christian Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Carolina Christian Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Carolina Christian Foundation Inc tax-deductible?
Carolina Christian Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10917763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Christian Foundation Inc located?
Carolina Christian Foundation Inc is headquartered in Edisto Island, South Carolina and files with the IRS under EIN 10917763.
How many years of IRS 990 filings does Carolina Christian Foundation Inc have?
Carolina Christian Foundation Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Carolina Christian Foundation Inc still operational?
Based on the latest IRS 990 data showing $0 revenue and $0 assets, it is highly probable that Carolina Christian Foundation Inc is no longer actively operating or has ceased its charitable activities.
What caused the significant decline in assets and revenue?
While the exact causes are not detailed in the filings, a consistent pattern of expenses exceeding revenue in prior years (e.g., $144,357 expenses vs. $58,186 revenue in 2012) likely depleted its assets over time, leading to its current financial state.
How did the organization manage its finances historically?
Historically, the organization struggled with financial sustainability, frequently spending more than it generated in revenue. For instance, in 2014, it spent $95,250 while only bringing in $50,845 in revenue.
Filing History
IRS 990 filing history for Carolina Christian Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Carolina Christian Foundation Inc's revenue has declined by 71.1%, moving from $19K to $5K. Total assets decreased by 73.4% over the same period, from $828K to $220K. Total functional expenses fell by 99.7%, from $207K to $550. In its most recent filing year (2016), Carolina Christian Foundation Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $5K | $550 | $220K | $0 | — | View 990 |
| 2015 | $8K | $275 | $0 | $0 | — | View 990 |
| 2014 | $51K | $95K | $632K | $0 | — | View 990 |
| 2013 | $62K | $126K | $678K | $0 | — | View 990 |
| 2012 | $58K | $144K | $741K | $0 | — | View 990 |
| 2011 | $19K | $207K | $828K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $5K, expenses of $550, and assets of $220K (revenue -28.6% year-over-year).
- 2015: Revenue of $8K, expenses of $275, and assets of $0 (revenue -84.9% year-over-year).
- 2014: Revenue of $51K, expenses of $95K, and assets of $632K (revenue -18.4% year-over-year).
- 2013: Revenue of $62K, expenses of $126K, and assets of $678K (revenue +7.0% year-over-year).
- 2012: Revenue of $58K, expenses of $144K, and assets of $741K (revenue +206.8% year-over-year).
- 2011: Revenue of $19K, expenses of $207K, and assets of $828K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Christian Foundation Inc:
Data Sources and Methodology
This transparency report for Carolina Christian 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.