First Tee Greater Charleston
First Tee Greater Charleston shows consistent revenue growth and strong financial stability with zero reported liabilities.
EIN: 203959266 · Mt Pleasant, SC · NTEE: N6A · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $2.2M |
| Transparency Score | 90/100 |
Is First Tee Greater Charleston Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First Tee Greater Charleston directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First Tee Greater Charleston
First Tee Greater Charleston (EIN: 203959266) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code N6A. The organization reported total revenue of $4.8M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Tee Greater Charleston's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Tee Greater Charleston is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$434K |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | 23.3% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, First Tee Greater Charleston reported a surplus of $434K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), First Tee Greater Charleston's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +26.7% | +24.3% |
| 2022 | +28.8% | +27.5% | +46.8% |
| 2021 | +18.0% | +9.2% | +55.4% |
| 2020 | +2.4% | -8.7% | +64.4% |
| 2019 | +170.5% | +121.3% | +74.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 First Tee Greater Charleston with a Mission Score of 90 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, First Tee Greater Charleston 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 surplus of $434K, with revenue exceeding expenses.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, suggesting that executive leadership may be volunteer-based or compensated through non-officer categories, which could maximize funds for programs.
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 First Tee Greater Charleston's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data (prevents precise efficiency calculation)
- Absence of officer compensation could indicate volunteer leadership, but also warrants further inquiry for full transparency on all forms of executive remuneration.
Strengths
The following positive indicators were identified for First Tee Greater Charleston:
- Consistent and significant revenue growth over a decade (from $214,977 in 2014 to $1,860,385 in 2023).
- Exceptional financial stability with zero reported liabilities across all filing periods.
- Healthy asset accumulation, reaching $2,217,078 in 2023.
- Expenses consistently lower than revenue, indicating responsible financial management and surplus generation.
- No reported officer compensation, suggesting a high proportion of funds potentially directed towards programs.
Frequently Asked Questions about First Tee Greater Charleston
Is First Tee Greater Charleston a legitimate charity?
Based on AI analysis of IRS 990 filings, First Tee Greater Charleston (EIN: 203959266) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does First Tee Greater Charleston spend its money?
First Tee Greater Charleston directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First Tee Greater Charleston tax-deductible?
First Tee Greater Charleston is registered as a tax-exempt nonprofit (EIN: 203959266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of First Tee Greater Charleston's spending goes to programs?
First Tee Greater Charleston directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does First Tee Greater Charleston compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), First Tee Greater Charleston is above average for NTEE category N6A nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is First Tee Greater Charleston located?
First Tee Greater Charleston is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 203959266. It is classified under NTEE code N6A.
How many years of IRS 990 filings does First Tee Greater Charleston have?
First Tee Greater Charleston 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 $4.8M in total revenue.
Is First Tee Greater Charleston a good charity?
Based on the available financial data, First Tee Greater Charleston appears to be a very good charity. They demonstrate strong financial health, consistent growth, and a remarkable absence of liabilities, indicating responsible financial management. The lack of reported officer compensation also suggests a high dedication to program spending.
How has First Tee Greater Charleston's revenue grown over time?
First Tee Greater Charleston has experienced significant revenue growth, increasing from $214,977 in 2014 to $1,860,385 in 2023, representing an almost nine-fold increase over a decade.
What is the organization's asset-to-liability situation?
The organization maintains an excellent asset-to-liability situation, consistently reporting zero liabilities across all available filings, while assets have grown to $2,217,078 in 2023. This indicates exceptional financial stability.
Filing History
IRS 990 filing history for First Tee Greater Charleston showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Tee Greater Charleston's revenue has grown by 862.9%, moving from $193K to $1.9M. Total assets increased by 1213.6% over the same period, from $169K to $2.2M. Total functional expenses rose by 688%, from $181K to $1.4M. In its most recent filing year (2023), First Tee Greater Charleston reported a surplus of $434K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.4M | $2.2M | $0 | — | View 990 |
| 2022 | $1.7M | $1.1M | $1.8M | $0 | — | View 990 |
| 2021 | $1.3M | $883K | $1.2M | $0 | — | View 990 |
| 2020 | $1.1M | $809K | $782K | $0 | — | View 990 |
| 2019 | $1.1M | $886K | $475K | $0 | — | View 990 |
| 2018 | $403K | $400K | $272K | $0 | — | View 990 |
| 2017 | $496K | $375K | $269K | $165 | — | View 990 |
| 2016 | $445K | $457K | $149K | $0 | — | View 990 |
| 2015 | $398K | $325K | $159K | $-1,575 | — | View 990 |
| 2014 | $215K | $290K | $88K | $0 | — | View 990 |
| 2013 | $188K | $246K | $162K | $0 | — | View 990 |
| 2012 | $296K | $244K | $221K | $0 | — | View 990 |
| 2011 | $193K | $181K | $169K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.4M, and assets of $2.2M (revenue +9.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.1M, and assets of $1.8M (revenue +28.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $883K, and assets of $1.2M (revenue +18.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $809K, and assets of $782K (revenue +2.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $886K, and assets of $475K (revenue +170.5% year-over-year).
- 2018: Revenue of $403K, expenses of $400K, and assets of $272K (revenue -18.8% year-over-year).
- 2017: Revenue of $496K, expenses of $375K, and assets of $269K (revenue +11.4% year-over-year).
- 2016: Revenue of $445K, expenses of $457K, and assets of $149K (revenue +11.7% year-over-year).
- 2015: Revenue of $398K, expenses of $325K, and assets of $159K (revenue +85.3% year-over-year).
- 2014: Revenue of $215K, expenses of $290K, and assets of $88K (revenue +14.6% year-over-year).
- 2013: Revenue of $188K, expenses of $246K, and assets of $162K (revenue -36.7% year-over-year).
- 2012: Revenue of $296K, expenses of $244K, and assets of $221K (revenue +53.3% year-over-year).
- 2011: Revenue of $193K, expenses of $181K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Tee Greater Charleston:
Data Sources and Methodology
This transparency report for First Tee Greater Charleston 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.