Columbia Executives And Owners Association Inc
Columbia Executives And Owners Association Inc consistently operates with deficits in recent years, with liabilities growing.
EIN: 200739615 · Columbia, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $117K |
| Program Spending | 70% |
| Net Assets | $25K |
| Transparency Score | 65/100 |
Is Columbia Executives And Owners Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia Executives And Owners Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Columbia Executives And Owners Association Inc
Columbia Executives And Owners Association Inc (EIN: 200739615) is a nonprofit organization based in Columbia, SC, classified under NTEE code S41. The organization reported total revenue of $124K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia Executives And Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia Executives And Owners Association Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $117K |
| Surplus / Deficit | $-10,657 |
| Total Assets | $84K |
| Total Liabilities | $59K |
| Net Assets | $25K |
| Operating Margin | -10.0% |
| Debt-to-Asset Ratio | 69.8% |
| Months of Reserves | 8.6 months |
Financial Health Grade: C
In 2023, Columbia Executives And Owners Association Inc reported a deficit of $11K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 69.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbia Executives And Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.4% | +32.5% | +9.6% |
| 2022 | +7.6% | +10.6% | -0.2% |
| 2021 | -21.7% | +19.5% | +34.9% |
| 2020 | -0.4% | -25.5% | -30.3% |
| 2019 | -0.8% | +4.1% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Columbia Executives And Owners Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Columbia Executives And Owners Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is positive for minimizing overhead.
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 Columbia Executives And Owners Association Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $10,657 deficit in 202312).
- Increasing liabilities relative to assets ($58,750 liabilities vs. $84,123 assets in 202312).
- Lack of detailed expense breakdown in summary data makes spending efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for Columbia Executives And Owners Association Inc:
- Consistent filing of IRS 990 forms, indicating transparency.
- No reported officer compensation, suggesting low executive overhead.
- Maintained a positive asset base over the decade, despite deficits.
Frequently Asked Questions about Columbia Executives And Owners Association Inc
Is Columbia Executives And Owners Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia Executives And Owners Association Inc (EIN: 200739615) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Columbia Executives And Owners Association Inc spend its money?
Columbia Executives And Owners Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia Executives And Owners Association Inc tax-deductible?
Columbia Executives And Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 200739615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Columbia Executives And Owners Association Inc's spending goes to programs?
Columbia Executives And Owners Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Columbia Executives And Owners Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Columbia Executives And Owners Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Columbia Executives And Owners Association Inc located?
Columbia Executives And Owners Association Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 200739615. It is classified under NTEE code S41.
How many years of IRS 990 filings does Columbia Executives And Owners Association Inc have?
Columbia Executives And Owners Association Inc has 13 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 $124K in total revenue.
Is Columbia Executives And Owners Association Inc financially stable?
The organization has experienced operational deficits in recent years (e.g., $106,245 revenue vs. $116,902 expenses in 202312) and has seen its liabilities increase to $58,750 against $84,123 in assets in 202312, which raises concerns about its long-term financial stability.
How does the organization manage its expenses?
While specific expense breakdowns are not provided, the consistent deficits suggest that expenses frequently exceed revenues. Further detailed financial statements would be needed to understand cost management strategies.
What is the nature of the organization's liabilities?
The liabilities have grown significantly, reaching $58,750 in 202312. Without further detail, it's unclear if these are program-related, operational debts, or other obligations, which is a key area for further investigation.
Filing History
IRS 990 filing history for Columbia Executives And Owners Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia Executives And Owners Association Inc's revenue has grown by 64.4%, moving from $65K to $106K. Total assets increased by 81.6% over the same period, from $46K to $84K. Total functional expenses rose by 71.6%, from $68K to $117K. In its most recent filing year (2023), Columbia Executives And Owners Association Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $59K in liabilities against $84K in assets (debt-to-asset ratio: 69.8%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $117K | $84K | $59K | — | View 990 |
| 2022 | $76K | $88K | $77K | $41K | — | View 990 |
| 2021 | $71K | $80K | $77K | $29K | — | View 990 |
| 2020 | $90K | $67K | $57K | $0 | — | View 990 |
| 2019 | $91K | $90K | $82K | $48K | — | View 990 |
| 2018 | $92K | $86K | $87K | $55K | — | View 990 |
| 2017 | $92K | $89K | $76K | $49K | — | View 990 |
| 2016 | $85K | $81K | $62K | $38K | — | View 990 |
| 2015 | $76K | $95K | $69K | $49K | — | View 990 |
| 2014 | $77K | $76K | $70K | $31K | — | View 990 |
| 2013 | $78K | $69K | $82K | $44K | — | View 990 |
| 2012 | $53K | $70K | $28K | $0 | — | View 990 |
| 2011 | $65K | $68K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $117K, and assets of $84K (revenue +39.4% year-over-year).
- 2022: Revenue of $76K, expenses of $88K, and assets of $77K (revenue +7.6% year-over-year).
- 2021: Revenue of $71K, expenses of $80K, and assets of $77K (revenue -21.7% year-over-year).
- 2020: Revenue of $90K, expenses of $67K, and assets of $57K (revenue -0.4% year-over-year).
- 2019: Revenue of $91K, expenses of $90K, and assets of $82K (revenue -0.8% year-over-year).
- 2018: Revenue of $92K, expenses of $86K, and assets of $87K (revenue +0.0% year-over-year).
- 2017: Revenue of $92K, expenses of $89K, and assets of $76K (revenue +7.5% year-over-year).
- 2016: Revenue of $85K, expenses of $81K, and assets of $62K (revenue +12.2% year-over-year).
- 2015: Revenue of $76K, expenses of $95K, and assets of $69K (revenue -2.0% year-over-year).
- 2014: Revenue of $77K, expenses of $76K, and assets of $70K (revenue -1.1% year-over-year).
- 2013: Revenue of $78K, expenses of $69K, and assets of $82K (revenue +49.1% year-over-year).
- 2012: Revenue of $53K, expenses of $70K, and assets of $28K (revenue -18.8% year-over-year).
- 2011: Revenue of $65K, expenses of $68K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbia Executives And Owners Association Inc:
Data Sources and Methodology
This transparency report for Columbia Executives And Owners Association 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.