Daniel Island Business Association
Daniel Island Business Association consistently operates with fluctuating revenues and expenses, maintaining zero liabilities and no reported officer compensation.
EIN: 200714822 · Charleston, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $22K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10,000 |
| Net Assets | $9K |
| Transparency Score | 85/100 |
Is Daniel Island Business Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daniel Island Business Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daniel Island Business Association
Daniel Island Business Association (EIN: 200714822) is a nonprofit organization based in Charleston, SC, classified under NTEE code S41. The organization reported total revenue of $10K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel Island Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel Island Business Association is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $22K |
| Surplus / Deficit | $-2,817 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -14.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Daniel Island Business Association reported a deficit of $3K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Daniel Island Business Association's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.8% | -12.1% | -24.8% |
| 2022 | +165.4% | +70.2% | -1.5% |
| 2021 | -57.8% | -2.3% | -31.6% |
| 2020 | +2.5% | -62.8% | +73.2% |
| 2019 | -40.3% | +31.4% | -65.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Daniel Island Business Association 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, Daniel Island Business Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
The Daniel Island Business Association consistently reports 0% officer compensation across all 14 available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly efficient for an organization of its size with revenues typically ranging from $10,000 to $40,000 annually.
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 Daniel Island Business Association's IRS 990 filings:
- Inconsistent revenue generation leading to occasional deficits (e.g., 2023, 2022, 2021, 2019, 2015 periods where expenses exceeded revenue).
Strengths
The following positive indicators were identified for Daniel Island Business Association:
- Consistent compliance with IRS filing requirements (14 filings).
- Zero reported liabilities across all filings, indicating strong financial management and no debt.
- 0% officer compensation reported across all filings, suggesting high efficiency and volunteer-driven leadership.
- Long operational history, demonstrating sustained commitment to its mission.
- Assets consistently maintained, providing a buffer for operations (e.g., $8,529 in 2023).
Frequently Asked Questions about Daniel Island Business Association
Is Daniel Island Business Association a legitimate charity?
Daniel Island Business Association (EIN: 200714822) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $10K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Daniel Island Business Association spend its money?
Daniel Island Business Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Daniel Island Business Association tax-deductible?
Daniel Island Business Association is registered as a tax-exempt nonprofit (EIN: 200714822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Daniel Island Business Association CEO make?
Daniel Island Business Association's highest-compensated officer earns $10,000 annually. The organization reported $10K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Daniel Island Business Association's spending goes to programs?
Daniel Island Business Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Daniel Island Business Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Daniel Island Business Association 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 Daniel Island Business Association located?
Daniel Island Business Association is headquartered in Charleston, South Carolina and files with the IRS under EIN 200714822. It is classified under NTEE code S41.
How many years of IRS 990 filings does Daniel Island Business Association have?
Daniel Island Business Association has 14 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 $10K in total revenue.
Is the Daniel Island Business Association financially stable?
The organization demonstrates reasonable financial stability, consistently operating for many years and maintaining zero liabilities. While revenues and expenses fluctuate, and some years show deficits (e.g., 2023 with $19,106 revenue vs. $21,923 expenses), its long operational history and lack of debt suggest it manages its finances effectively within its operational scope.
How does the Daniel Island Business Association spend its money?
Without detailed expense breakdowns, it's difficult to pinpoint exact spending categories. However, given its NTEE code (S41 - Business & Commerce Organizations) and the absence of officer compensation, it's highly probable that the majority of its expenses are directed towards program services supporting local businesses and community events, with a smaller portion for administrative overhead.
Does the Daniel Island Business Association pay its executives?
No, the Daniel Island Business Association consistently reports 0% officer compensation across all 14 available IRS 990 filings, indicating that its leadership is not compensated or falls below reporting thresholds.
Filing History
IRS 990 filing history for Daniel Island Business Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Daniel Island Business Association's revenue has declined by 52%, moving from $40K to $19K. Total assets decreased by 70.2% over the same period, from $29K to $9K. Total functional expenses fell by 34.5%, from $33K to $22K. In its most recent filing year (2023), Daniel Island Business Association reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $22K | $9K | $0 | — | — |
| 2022 | $25K | $25K | $11K | $0 | — | View 990 |
| 2021 | $9K | $15K | $12K | $0 | — | — |
| 2020 | $22K | $15K | $17K | $0 | — | View 990 |
| 2019 | $22K | $40K | $10K | $0 | — | View 990 |
| 2018 | $36K | $31K | $28K | $0 | — | View 990 |
| 2017 | $37K | $36K | $23K | $0 | — | View 990 |
| 2016 | $38K | $35K | $21K | $0 | — | View 990 |
| 2015 | $22K | $32K | $16K | $0 | — | View 990 |
| 2014 | $39K | $34K | $26K | $0 | — | View 990 |
| 2013 | $34K | $39K | $21K | $0 | — | View 990 |
| 2012 | $28K | $30K | $26K | $0 | — | View 990 |
| 2011 | $37K | $37K | $28K | $0 | — | View 990 |
| 2010 | $40K | $33K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $22K, and assets of $9K (revenue -22.8% year-over-year).
- 2022: Revenue of $25K, expenses of $25K, and assets of $11K (revenue +165.4% year-over-year).
- 2021: Revenue of $9K, expenses of $15K, and assets of $12K (revenue -57.8% year-over-year).
- 2020: Revenue of $22K, expenses of $15K, and assets of $17K (revenue +2.5% year-over-year).
- 2019: Revenue of $22K, expenses of $40K, and assets of $10K (revenue -40.3% year-over-year).
- 2018: Revenue of $36K, expenses of $31K, and assets of $28K (revenue -2.7% year-over-year).
- 2017: Revenue of $37K, expenses of $36K, and assets of $23K (revenue -3.5% year-over-year).
- 2016: Revenue of $38K, expenses of $35K, and assets of $21K (revenue +72.2% year-over-year).
- 2015: Revenue of $22K, expenses of $32K, and assets of $16K (revenue -43.4% year-over-year).
- 2014: Revenue of $39K, expenses of $34K, and assets of $26K (revenue +17.7% year-over-year).
- 2013: Revenue of $34K, expenses of $39K, and assets of $21K (revenue +20.6% year-over-year).
- 2012: Revenue of $28K, expenses of $30K, and assets of $26K (revenue -23.7% year-over-year).
- 2011: Revenue of $37K, expenses of $37K, and assets of $28K (revenue -8.3% year-over-year).
- 2010: Revenue of $40K, expenses of $33K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel Island Business Association:
Data Sources and Methodology
This transparency report for Daniel Island Business 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.