Flourishing Families Of South Carolina
EIN: 822972055 · Columbia, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $681K |
| Net Assets | $297K |
Is Flourishing Families Of South Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Flourishing Families Of South Carolina
Flourishing Families Of South Carolina (EIN: 822972055) is a nonprofit organization based in Columbia, SC, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $381K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flourishing Families Of South Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flourishing Families Of South Carolina is a mid-size 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 188.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $924K |
| Total Expenses | $681K |
| Surplus / Deficit | +$243K |
| Total Assets | $306K |
| Total Liabilities | $9K |
| Net Assets | $297K |
| Operating Margin | 26.3% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Flourishing Families Of South Carolina reported a surplus of $243K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Flourishing Families Of South Carolina's revenue has grown at a compound annual growth rate (CAGR) of 188.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +188.6% | +153.6% | +424.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Flourishing Families Of South Carolina 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 Flourishing Families Of South Carolina 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 $243K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Flourishing Families Of South Carolina
Is Flourishing Families Of South Carolina a legitimate charity?
Flourishing Families Of South Carolina (EIN: 822972055) is a registered tax-exempt nonprofit based in South Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Flourishing Families Of South Carolina spend its money?
Flourishing Families Of South Carolina reported $1.1M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Flourishing Families Of South Carolina tax-deductible?
Flourishing Families Of South Carolina is registered as a tax-exempt nonprofit (EIN: 822972055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Flourishing Families Of South Carolina located?
Flourishing Families Of South Carolina is headquartered in Columbia, South Carolina and files with the IRS under EIN 822972055. It is classified under NTEE code P20.
How many years of IRS 990 filings does Flourishing Families Of South Carolina have?
Flourishing Families Of South Carolina 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Flourishing Families Of South Carolina showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Flourishing Families Of South Carolina's revenue has grown by 188.6%, moving from $320K to $924K. Total assets increased by 424.1% over the same period, from $58K to $306K. Total functional expenses rose by 153.6%, from $268K to $681K. In its most recent filing year (2023), Flourishing Families Of South Carolina reported a surplus of $243K, with revenue exceeding expenses. The organization holds $9K in liabilities against $306K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $297K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $924K | $681K | $306K | $9K | — | View 990 |
| 2022 | $320K | $268K | $58K | $4K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flourishing Families Of South Carolina:
Data Sources and Methodology
This transparency report for Flourishing Families Of South Carolina 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.