Finklea High And Loris Training Schools Alumni Association Inc
EIN: 582432534 · Loris, SC · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $160K |
| Net Assets | $243K |
Is Finklea High And Loris Training Schools Alumni Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Finklea High And Loris Training Schools Alumni Association Inc
Finklea High And Loris Training Schools Alumni Association Inc (EIN: 582432534) is a nonprofit organization based in Loris, SC, classified under NTEE code B82. The organization reported total revenue of $62K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finklea High And Loris Training Schools Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finklea High And Loris Training Schools Alumni Association Inc is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $160K |
| Surplus / Deficit | +$0 |
| Total Assets | $301K |
| Total Liabilities | $58K |
| Net Assets | $243K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 22.6 months |
Financial Health Grade: A
In 2023, Finklea High And Loris Training Schools Alumni Association Inc reported a surplus of $0 with revenue exceeding expenses, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Finklea High And Loris Training Schools Alumni Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.8% | +16.8% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Finklea High And Loris Training Schools Alumni Association Inc 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 Finklea High And Loris Training Schools Alumni Association Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.3%.
Frequently Asked Questions about Finklea High And Loris Training Schools Alumni Association Inc
Is Finklea High And Loris Training Schools Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Finklea High And Loris Training Schools Alumni Association Inc (EIN: 582432534) insufficient data. 0 red flags identified, 0 strengths noted.
How does Finklea High And Loris Training Schools Alumni Association Inc spend its money?
Detailed spending breakdown data is not yet available for Finklea High And Loris Training Schools Alumni Association Inc. Check back for updated IRS 990 analysis.
Are donations to Finklea High And Loris Training Schools Alumni Association Inc tax-deductible?
Finklea High And Loris Training Schools Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 582432534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Finklea High And Loris Training Schools Alumni Association Inc located?
Finklea High And Loris Training Schools Alumni Association Inc is headquartered in Loris, South Carolina and files with the IRS under EIN 582432534. It is classified under NTEE code B82.
How many years of IRS 990 filings does Finklea High And Loris Training Schools Alumni Association Inc have?
Finklea High And Loris Training Schools Alumni Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $62K in total revenue.
Filing History
IRS 990 filing history for Finklea High And Loris Training Schools Alumni Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Finklea High And Loris Training Schools Alumni Association Inc's revenue has grown by 16.8%, moving from $137K to $160K. Total assets decreased by 10.1% over the same period, from $335K to $301K. Total functional expenses rose by 16.8%, from $137K to $160K. In its most recent filing year (2023), Finklea High And Loris Training Schools Alumni Association Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $58K in liabilities against $301K in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $160K | $301K | $58K | — | — |
| 2022 | $137K | $137K | $335K | $58K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finklea High And Loris Training Schools Alumni Association Inc:
Data Sources and Methodology
This transparency report for Finklea High And Loris Training Schools Alumni 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.