Clinton Economic Development Corporation
Clinton Economic Development Corporation maintains substantial assets with fluctuating revenue and no reported executive compensation.
EIN: 141864437 · Clinton, SC · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $71K |
| Program Spending | 85% |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Clinton Economic Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Clinton Economic Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Clinton Economic Development Corporation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $254K and expenses of $71K.
Revenue and Expenses
Clinton Economic Development Corporation reported $254K in revenue and $71K in expenses, a surplus of $183K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Clinton Economic Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $60K (85%) |
Across stored filings, Clinton Economic Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 11 stored filing years |
| Peer context | Compare with Sigma Delta Pi | South Carolina and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Clinton, SC nonprofitsCommunity Improvement in South Carolina
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Next Best Actions
Keep the Investigation Moving
Clinton Economic Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clinton Economic Development Corporation
Clinton Economic Development Corporation (EIN: 141864437) is a nonprofit organization based in Clinton, SC, classified under NTEE code S30. The organization reported total revenue of $254K and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clinton Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clinton Economic Development Corporation is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2021).
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $71K |
| Surplus / Deficit | +$183K |
| Total Assets | $6.7M |
| Total Liabilities | $4.2M |
| Net Assets | $2.5M |
| Operating Margin | 72.0% |
| Debt-to-Asset Ratio | 63.0% |
| Months of Reserves | 1134.6 months |
Financial Health Grade: A
In 2021, Clinton Economic Development Corporation reported a surplus of $183K with revenue exceeding expenses, holds 1134.6 months of operating reserves (strong position), has a debt-to-asset ratio of 63.0% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -18.1% | +47.5% | +2.5% |
| 2020 | -52.5% | -16.0% | +8.1% |
| 2019 | -37.8% | +126.7% | +19.3% |
| 2018 | +43688.9% | -92.6% | +433.3% |
| 2017 | -99.8% | -47.2% | -76.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clinton Economic Development Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Clinton Economic Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $183K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation.
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 Clinton Economic Development Corporation's IRS 990 filings:
- Significant year-over-year revenue volatility, potentially indicating unstable funding sources.
- High liabilities relative to assets in some periods (e.g., $4,231,409 liabilities vs. $6,713,791 assets in 202106), though this is common for development corporations with long-term debt.
Strengths
The following positive indicators were identified for Clinton Economic Development Corporation:
- Consistently reports 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Maintains substantial assets ($6,713,791 in 202106), providing a strong financial foundation.
- Generally low expense ratios relative to revenue, suggesting efficient operations.
- Long filing history (11 filings) demonstrates consistent compliance and longevity.
Frequently Asked Questions about Clinton Economic Development Corporation
Is Clinton Economic Development Corporation a legitimate charity?
Clinton Economic Development Corporation (EIN: 141864437) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $254K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Clinton Economic Development Corporation spend its money?
Clinton Economic Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Clinton Economic Development Corporation tax-deductible?
Clinton Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 141864437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Clinton Economic Development Corporation's spending goes to programs?
Clinton Economic Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clinton Economic Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Clinton Economic Development Corporation is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clinton Economic Development Corporation located?
Clinton Economic Development Corporation is headquartered in Clinton, South Carolina and files with the IRS under EIN 141864437. It is classified under NTEE code S30.
How many years of IRS 990 filings does Clinton Economic Development Corporation have?
Clinton Economic Development Corporation has 11 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 $254K in total revenue.
What are the primary sources of the Clinton Economic Development Corporation's revenue, given its significant fluctuations?
The filing data shows substantial revenue fluctuations, from $2,400 in 201706 to over $1 million in 201606, 201506, and 201806, then down to $254,028 in 202106. This suggests reliance on grants, specific project funding, or capital campaigns rather than consistent operational income.
How does the organization manage to operate with consistently low expenses relative to its assets and revenue?
In 202106, expenses were $71,006 against $254,028 in revenue and $6,713,791 in assets. This low expense ratio, especially compared to its substantial assets, might indicate a lean operational model, significant volunteer involvement, or a focus on long-term investments rather than high immediate program outlays.
What specific economic development programs does the organization fund or operate?
The provided IRS 990 data does not detail specific programs. Given its NTEE code S30 (Economic Development), it likely focuses on initiatives like business attraction, retention, infrastructure development, or workforce training within Clinton, SC.
Filing History
IRS 990 filing history for Clinton Economic Development Corporation showing financial trends over 11 years of public records:
Total assets increased by 269.5% over the same period, from $1.8M to $6.7M. Total functional expenses rose by 17.9%, from $60K to $71K. In its most recent filing year (2021), Clinton Economic Development Corporation reported a surplus of $183K, with revenue exceeding expenses. The organization holds $4.2M in liabilities against $6.7M in assets (debt-to-asset ratio: 63.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $254K | $71K | $6.7M | $4.2M | — | — |
| 2020 | $310K | $48K | $6.6M | $4.3M | — | View 990 |
| 2019 | $654K | $57K | $6.1M | $4.2M | — | View 990 |
| 2018 | $1.1M | $25K | $5.1M | $4.0M | — | View 990 |
| 2017 | $2K | $343K | $952K | $883K | — | View 990 |
| 2016 | $1.0M | $649K | $4.0M | $1.3M | — | View 990 |
| 2015 | $1.2M | $127K | $3.5M | $1.2M | — | View 990 |
| 2014 | $280K | $94K | $2.6M | $1.3M | — | View 990 |
| 2013 | $397K | $62K | $2.6M | $1.5M | — | View 990 |
| 2012 | $273K | $178K | $1.9M | $1.1M | — | View 990 |
| 2011 | $0 | $60K | $1.8M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $254K, expenses of $71K, and assets of $6.7M (revenue -18.1% year-over-year).
- 2020: Revenue of $310K, expenses of $48K, and assets of $6.6M (revenue -52.5% year-over-year).
- 2019: Revenue of $654K, expenses of $57K, and assets of $6.1M (revenue -37.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $25K, and assets of $5.1M (revenue +43688.9% year-over-year).
- 2017: Revenue of $2K, expenses of $343K, and assets of $952K (revenue -99.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $649K, and assets of $4.0M (revenue -11.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $127K, and assets of $3.5M (revenue +317.2% year-over-year).
- 2014: Revenue of $280K, expenses of $94K, and assets of $2.6M (revenue -29.6% year-over-year).
- 2013: Revenue of $397K, expenses of $62K, and assets of $2.6M (revenue +45.8% year-over-year).
- 2012: Revenue of $273K, expenses of $178K, and assets of $1.9M.
- 2011: Revenue of $0, expenses of $60K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clinton Economic Development Corporation:
Data Sources and Methodology
This transparency report for Clinton Economic Development Corporation 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.