Daniel Island Community Foundation Inc

Daniel Island Community Foundation faces declining revenue and assets, with recent expenses exceeding income.

EIN: 161617047 · Daniel Island, SC · NTEE: T31 · Updated: 2026-03-28

$23KRevenue
$19KAssets
65/100Mission Score (Good)
T31
Daniel Island Community Foundation Inc Financial Summary
MetricValue
Total Revenue$23K
Total Expenses$15K
Program Spending70%
Net Assets$32K
Transparency Score65/100

Search Intent Cockpit

Daniel Island Community Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Daniel Island Community Foundation Inc 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 Daniel Island Community Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $6K and expenses of $15K.

Revenue and Expenses

Daniel Island Community Foundation Inc reported $6K in revenue and $15K in expenses, a deficit of $9K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Daniel Island Community Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
4 FoundRed Flags

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

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

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

Daniel Island Community Foundation Inc Expense Deployment
Program services$10K (70%)

Across stored filings, Daniel Island Community Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Daniel Island Community Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Sigma Delta PiSouth Carolina and Philanthropy context

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Daniel Island Community Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Daniel Island Community Foundation Inc

Daniel Island Community Foundation Inc (EIN: 161617047) is a nonprofit organization based in Daniel Island, SC, classified under NTEE code T31. The organization reported total revenue of $23K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel Island Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Daniel Island Community Foundation Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6K
Total Expenses$15K
Surplus / Deficit$-8,644
Total Assets$32K
Net Assets$32K
Operating Margin-140.0%
Months of Reserves25.9 months

Financial Health Grade: B

In 2023, Daniel Island Community Foundation Inc reported a deficit of $9K with expenses exceeding revenue, holds 25.9 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Daniel Island Community Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-61.4%-29.1%-21.3%
2022-39.1%+58.1%-8.8%
2021-40.0%-94.6%+41.4%
2020-66.2%+251.2%-86.6%
2019+39.8%+54.3%+34.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Daniel Island Community Foundation Inc. exhibits fluctuating financial health over the past decade. While it has periods of strong revenue generation, such as $255,963 in 2015 and $129,200 in 2019, recent years show a significant decline, with revenue dropping to $6,173 in 2023. The organization also experienced a substantial deficit in 2020, with expenses of $246,885 against revenue of $43,712, which significantly impacted its assets. Its asset base has also seen a decline from a high of $234,622 in 2019 to $31,923 in 2023. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests good stewardship regarding executive pay. The organization's transparency is generally good, as evidenced by its consistent filing of IRS Form 990s over 13 periods, indicating compliance with reporting requirements. Overall, the foundation appears to be in a challenging financial position, with recent revenues not covering expenses in 2022 and 2023, and a shrinking asset base. While executive compensation is not a concern, the sustainability of its operations given current financial trends warrants closer examination.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Daniel Island Community Foundation 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, Daniel Island Community Foundation 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:

$6KTotal Revenue
$15KTotal Expenses
$32KTotal Assets
$32KNet Assets
  • The organization reported a deficit of $9K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is a positive sign for a nonprofit of this size.

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 Community Foundation Inc's IRS 990 filings:

  • Significant decline in revenue from $26,246 in 2021 to $6,173 in 2023.
  • Expenses exceeded revenue in both 2022 and 2023, indicating operational deficits.
  • Substantial asset decline from a peak of $234,622 in 2019 to $31,923 in 2023.
  • Large expense spike in 2020 ($246,885) disproportionate to revenue ($43,712) without clear explanation in summary data.

Strengths

The following positive indicators were identified for Daniel Island Community Foundation Inc:

  • Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
  • 0% officer compensation reported across all filings, indicating efficient use of funds regarding executive pay.
  • No reported liabilities across all available filings, suggesting a debt-free status.

Frequently Asked Questions about Daniel Island Community Foundation Inc

Is Daniel Island Community Foundation Inc a legitimate charity?

Daniel Island Community Foundation Inc (EIN: 161617047) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $23K. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Daniel Island Community Foundation Inc spend its money?

Daniel Island Community Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Daniel Island Community Foundation Inc tax-deductible?

Daniel Island Community Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161617047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Daniel Island Community Foundation Inc's spending goes to programs?

Daniel Island Community Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Daniel Island Community Foundation Inc compare to similar nonprofits?

With a transparency score of 65/100 (Good), Daniel Island Community Foundation Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Daniel Island Community Foundation Inc located?

Daniel Island Community Foundation Inc is headquartered in Daniel Island, South Carolina and files with the IRS under EIN 161617047. It is classified under NTEE code T31.

How many years of IRS 990 filings does Daniel Island Community Foundation Inc have?

Daniel Island Community Foundation 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 $23K in total revenue.

Is Daniel Island Community Foundation Inc. financially stable?

Based on recent filings, the organization's financial stability is concerning. Revenue has significantly decreased from $26,246 in 2021 to $6,173 in 2023, while expenses exceeded revenue in both 2022 ($20,902 expenses vs. $15,995 revenue) and 2023 ($14,817 expenses vs. $6,173 revenue). Assets have also declined from $44,474 in 2021 to $31,923 in 2023.

What caused the large expense spike in 2020?

In 2020, the organization reported expenses of $246,885 against revenue of $43,712. Without more detailed financial statements, the specific cause of this significant expense spike and the resulting deficit cannot be determined from the summary data alone.

How does the organization fund its operations?

The organization primarily relies on contributions and grants, as indicated by its revenue figures. However, the recent decline in revenue suggests challenges in securing sufficient funding to cover its operational expenses.

Filing History

IRS 990 filing history for Daniel Island Community Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Daniel Island Community Foundation Inc's revenue has declined by 92.4%, moving from $82K to $6K. Total assets decreased by 62.3% over the same period, from $85K to $32K. Total functional expenses fell by 74.9%, from $59K to $15K. In its most recent filing year (2023), Daniel Island Community Foundation Inc reported a deficit of $9K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6K $15K $32K $0
2022 $16K $21K $41K $0 View 990
2021 $26K $13K $44K $0
2020 $44K $247K $31K $0
2019 $129K $70K $235K $0 View 990
2018 $92K $46K $174K $0 View 990
2017 $107K $99K $128K $0 View 990
2016 $59K $60K $120K $0 View 990
2015 $256K $245K $121K $0 View 990
2014 $54K $55K $110K $0 View 990
2013 $77K $62K $111K $0 View 990
2012 $99K $82K $97K $0 View 990
2011 $82K $59K $85K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6K, expenses of $15K, and assets of $32K (revenue -61.4% year-over-year).
  • 2022: Revenue of $16K, expenses of $21K, and assets of $41K (revenue -39.1% year-over-year).
  • 2021: Revenue of $26K, expenses of $13K, and assets of $44K (revenue -40.0% year-over-year).
  • 2020: Revenue of $44K, expenses of $247K, and assets of $31K (revenue -66.2% year-over-year).
  • 2019: Revenue of $129K, expenses of $70K, and assets of $235K (revenue +39.8% year-over-year).
  • 2018: Revenue of $92K, expenses of $46K, and assets of $174K (revenue -13.4% year-over-year).
  • 2017: Revenue of $107K, expenses of $99K, and assets of $128K (revenue +80.9% year-over-year).
  • 2016: Revenue of $59K, expenses of $60K, and assets of $120K (revenue -76.9% year-over-year).
  • 2015: Revenue of $256K, expenses of $245K, and assets of $121K (revenue +371.9% year-over-year).
  • 2014: Revenue of $54K, expenses of $55K, and assets of $110K (revenue -29.3% year-over-year).
  • 2013: Revenue of $77K, expenses of $62K, and assets of $111K (revenue -22.5% year-over-year).
  • 2012: Revenue of $99K, expenses of $82K, and assets of $97K (revenue +21.1% year-over-year).
  • 2011: Revenue of $82K, expenses of $59K, and assets of $85K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Daniel Island Community Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Daniel Island Community 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.

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