East Camden Private Lounge
EIN: 260803242 · Camden, SC · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $107K |
| Net Assets | $45K |
Is East Camden Private Lounge Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About East Camden Private Lounge
East Camden Private Lounge (EIN: 260803242) is a nonprofit organization based in Camden, SC, classified under NTEE code N50. The organization reported total revenue of $264K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Camden Private Lounge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Camden Private Lounge is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $107K |
| Surplus / Deficit | +$7K |
| Total Assets | $49K |
| Total Liabilities | $4K |
| Net Assets | $45K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2018, East Camden Private Lounge reported a surplus of $7K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 9 years of filings (2010–2018), East Camden Private Lounge's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +16.3% | +4.9% | +14.8% |
| 2017 | -13.5% | -15.7% | -8.5% |
| 2016 | +18.5% | +28.6% | -14.5% |
| 2015 | -12.9% | -12.5% | -4.7% |
| 2014 | -23.0% | -17.1% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for East Camden Private Lounge has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Camden Private Lounge with a Mission Score of 0 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.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Frequently Asked Questions about East Camden Private Lounge
Is East Camden Private Lounge a legitimate charity?
East Camden Private Lounge (EIN: 260803242) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: A.
How does East Camden Private Lounge spend its money?
East Camden Private Lounge reported $264K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to East Camden Private Lounge tax-deductible?
East Camden Private Lounge is registered as a tax-exempt nonprofit (EIN: 260803242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is East Camden Private Lounge located?
East Camden Private Lounge is headquartered in Camden, South Carolina and files with the IRS under EIN 260803242. It is classified under NTEE code N50.
How many years of IRS 990 filings does East Camden Private Lounge have?
East Camden Private Lounge has 9 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 $264K in total revenue.
Filing History
IRS 990 filing history for East Camden Private Lounge showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2018), East Camden Private Lounge's revenue has grown by 28.6%, moving from $88K to $114K. Total assets increased by 75.2% over the same period, from $28K to $49K. Total functional expenses rose by 17.2%, from $91K to $107K. In its most recent filing year (2018), East Camden Private Lounge reported a surplus of $7K, with revenue exceeding expenses. The organization holds $4K in liabilities against $49K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $114K | $107K | $49K | $4K | — | View 990 |
| 2017 | $98K | $102K | $43K | $4K | — | View 990 |
| 2016 | $113K | $121K | $47K | $4K | — | View 990 |
| 2015 | $95K | $94K | $54K | $3K | — | View 990 |
| 2014 | $109K | $108K | $57K | $7K | — | View 990 |
| 2013 | $142K | $130K | $55K | $7K | — | View 990 |
| 2012 | $102K | $85K | $46K | $10K | — | View 990 |
| 2011 | $86K | $95K | $44K | $25K | — | View 990 |
| 2010 | $88K | $91K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $114K, expenses of $107K, and assets of $49K (revenue +16.3% year-over-year).
- 2017: Revenue of $98K, expenses of $102K, and assets of $43K (revenue -13.5% year-over-year).
- 2016: Revenue of $113K, expenses of $121K, and assets of $47K (revenue +18.5% year-over-year).
- 2015: Revenue of $95K, expenses of $94K, and assets of $54K (revenue -12.9% year-over-year).
- 2014: Revenue of $109K, expenses of $108K, and assets of $57K (revenue -23.0% year-over-year).
- 2013: Revenue of $142K, expenses of $130K, and assets of $55K (revenue +40.1% year-over-year).
- 2012: Revenue of $102K, expenses of $85K, and assets of $46K (revenue +17.4% year-over-year).
- 2011: Revenue of $86K, expenses of $95K, and assets of $44K (revenue -2.2% year-over-year).
- 2010: Revenue of $88K, expenses of $91K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Camden Private Lounge:
Data Sources and Methodology
This transparency report for East Camden Private Lounge 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.