Folly Beach Nature Conservancy Inc
Folly Beach Nature Conservancy operates with minimal revenue and expenses, relying on volunteer efforts.
EIN: 208833847 · Folly Beach, SC · NTEE: C30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24 |
| Program Spending | 100% |
| Net Assets | $341 |
| Transparency Score | 60/100 |
Is Folly Beach Nature Conservancy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Folly Beach Nature Conservancy Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Folly Beach Nature Conservancy Inc
Folly Beach Nature Conservancy Inc (EIN: 208833847) is a nonprofit organization based in Folly Beach, SC, classified under NTEE code C30. The organization reported total revenue of $24 and total assets of $365 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Folly Beach Nature Conservancy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Folly Beach Nature Conservancy Inc is a micro nonprofit that has been operating for 13 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26 |
| Total Expenses | $0 |
| Surplus / Deficit | +$26 |
| Total Assets | $341 |
| Net Assets | $341 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Folly Beach Nature Conservancy Inc reported a surplus of $26 with revenue exceeding expenses.
Financial Trends
Over 14 years of filings (2010–2023), Folly Beach Nature Conservancy Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.7% | — | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
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 Folly Beach Nature Conservancy Inc with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Folly Beach Nature Conservancy Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is entirely volunteer-run. This is appropriate given its extremely small size and minimal financial activity.
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 Folly Beach Nature Conservancy Inc's IRS 990 filings:
- Extremely low financial activity, making impact assessment difficult
- Consistent reporting of $0 expenses despite some revenue, raising questions about financial reporting completeness or operational model
Strengths
The following positive indicators were identified for Folly Beach Nature Conservancy Inc:
- Consistent IRS 990 filing history (14 filings)
- Volunteer-run with 0% officer compensation
- Low overhead due to minimal reported expenses
Frequently Asked Questions about Folly Beach Nature Conservancy Inc
Is Folly Beach Nature Conservancy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Folly Beach Nature Conservancy Inc (EIN: 208833847) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
How does Folly Beach Nature Conservancy Inc spend its money?
Folly Beach Nature Conservancy Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Folly Beach Nature Conservancy Inc tax-deductible?
Folly Beach Nature Conservancy Inc is registered as a tax-exempt nonprofit (EIN: 208833847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Folly Beach Nature Conservancy Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Folly Beach Nature Conservancy Inc is above average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Folly Beach Nature Conservancy Inc located?
Folly Beach Nature Conservancy Inc is headquartered in Folly Beach, South Carolina and files with the IRS under EIN 208833847. It is classified under NTEE code C30.
How many years of IRS 990 filings does Folly Beach Nature Conservancy Inc have?
Folly Beach Nature Conservancy Inc has 14 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 $24 in total revenue.
What are the specific programs or activities Folly Beach Nature Conservancy Inc undertakes?
The IRS 990 data does not provide details on specific programs or activities. Given the minimal revenue and expenses, any activities are likely very small-scale and volunteer-driven.
How does the organization manage to operate with consistently $0 in reported expenses?
The consistent reporting of $0 expenses, even with some revenue, suggests that operational costs are either negligible, covered by in-kind donations not itemized as expenses, or that the organization's financial transactions are extremely limited to asset accumulation.
Is Folly Beach Nature Conservancy Inc actively engaged in conservation efforts?
While the name suggests conservation, the financial filings do not provide evidence of significant operational spending that would typically be associated with active conservation programs. Its impact is likely very localized and dependent on volunteer time rather than financial resources.
Filing History
IRS 990 filing history for Folly Beach Nature Conservancy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Folly Beach Nature Conservancy Inc's revenue has grown by 2500%, moving from $1 to $26. Total assets increased by 1117.9% over the same period, from $28 to $341.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26 | $0 | $341 | $0 | — | — |
| 2022 | $315 | $0 | $315 | $0 | — | View 990 |
| 2021 | $0 | $28 | $1 | $0 | — | — |
| 2020 | $0 | $0 | $28 | $0 | — | — |
| 2019 | $0 | $0 | $28 | $0 | — | View 990 |
| 2018 | $0 | $0 | $28 | $0 | — | View 990 |
| 2017 | $0 | $0 | $28 | $0 | — | View 990 |
| 2016 | $0 | $0 | $28 | $0 | — | View 990 |
| 2015 | $0 | $0 | $28 | $0 | — | View 990 |
| 2014 | $0 | $0 | $28 | $0 | — | View 990 |
| 2013 | $0 | $0 | $28 | $0 | — | View 990 |
| 2012 | $0 | $0 | $28 | $0 | — | View 990 |
| 2011 | $0 | $0 | $28 | $0 | — | View 990 |
| 2010 | $1 | $0 | $28 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26, expenses of $0, and assets of $341 (revenue -91.7% year-over-year).
- 2022: Revenue of $315, expenses of $0, and assets of $315.
- 2021: Revenue of $0, expenses of $28, and assets of $1.
- 2020: Revenue of $0, expenses of $0, and assets of $28.
- 2019: Revenue of $0, expenses of $0, and assets of $28.
- 2018: Revenue of $0, expenses of $0, and assets of $28.
- 2017: Revenue of $0, expenses of $0, and assets of $28.
- 2016: Revenue of $0, expenses of $0, and assets of $28.
- 2015: Revenue of $0, expenses of $0, and assets of $28.
- 2014: Revenue of $0, expenses of $0, and assets of $28.
- 2013: Revenue of $0, expenses of $0, and assets of $28.
- 2012: Revenue of $0, expenses of $0, and assets of $28.
- 2011: Revenue of $0, expenses of $0, and assets of $28 (revenue -100.0% year-over-year).
- 2010: Revenue of $1, expenses of $0, and assets of $28.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Folly Beach Nature Conservancy Inc:
Data Sources and Methodology
This transparency report for Folly Beach Nature Conservancy 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.