Foundation For Fort Mill Schools Inc
Foundation For Fort Mill Schools Inc maintains stable finances and growing assets with no reported officer compensation.
EIN: 200523989 · Fort Mill, SC · NTEE: B94 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $157K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $661K |
| Transparency Score | 92/100 |
Is Foundation For Fort Mill Schools Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Fort Mill Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Fort Mill Schools Inc
Foundation For Fort Mill Schools Inc (EIN: 200523989) is a nonprofit organization based in Fort Mill, SC, classified under NTEE code B94. The organization reported total revenue of $173K and total assets of $740K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Fort Mill Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Fort Mill Schools Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $157K |
| Surplus / Deficit | +$26K |
| Total Assets | $661K |
| Net Assets | $661K |
| Operating Margin | 14.1% |
| Months of Reserves | 50.4 months |
Financial Health Grade: A
In 2022, Foundation For Fort Mill Schools Inc reported a surplus of $26K with revenue exceeding expenses, holds 50.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Foundation For Fort Mill Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.5% | +41.3% | -4.3% |
| 2021 | -5.3% | -36.4% | +19.5% |
| 2020 | -9.3% | -17.5% | +9.1% |
| 2019 | +33.2% | +62.3% | +9.7% |
| 2018 | -18.9% | -5.9% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Foundation For Fort Mill Schools Inc with a Mission Score of 92 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, Foundation For Fort Mill Schools Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer channels, which is highly favorable for an organization of this size with annual revenues typically under $200,000.
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.
Strengths
The following positive indicators were identified for Foundation For Fort Mill Schools Inc:
- Consistent asset growth, from $331,497 in 2013 to $740,046 currently.
- No reported liabilities across all filing periods, indicating strong financial solvency.
- 0% officer compensation reported in all filings, demonstrating high efficiency and commitment to mission.
- Stable revenue stream, consistently between $150,000 and $200,000 in recent years.
- Consistent surplus of revenue over expenses in most years, contributing to financial stability.
Frequently Asked Questions about Foundation For Fort Mill Schools Inc
Is Foundation For Fort Mill Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Fort Mill Schools Inc (EIN: 200523989) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Foundation For Fort Mill Schools Inc spend its money?
Foundation For Fort Mill Schools Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For Fort Mill Schools Inc tax-deductible?
Foundation For Fort Mill Schools Inc is registered as a tax-exempt nonprofit (EIN: 200523989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Foundation For Fort Mill Schools Inc CEO make?
Foundation For Fort Mill Schools Inc's highest-compensated officer earns $200,000. annually. The organization reported $173K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Foundation For Fort Mill Schools Inc's spending goes to programs?
Foundation For Fort Mill Schools Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foundation For Fort Mill Schools Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Foundation For Fort Mill Schools Inc is above average for NTEE category B94 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation For Fort Mill Schools Inc located?
Foundation For Fort Mill Schools Inc is headquartered in Fort Mill, South Carolina and files with the IRS under EIN 200523989. It is classified under NTEE code B94.
How many years of IRS 990 filings does Foundation For Fort Mill Schools Inc have?
Foundation For Fort Mill Schools Inc has 12 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 $173K in total revenue.
Is Foundation For Fort Mill Schools Inc a good charity?
Based on the available IRS 990 data, the Foundation For Fort Mill Schools Inc appears to be a good charity. It demonstrates strong financial health with growing assets and no liabilities, consistent revenue, and a notable commitment to transparency with 0% reported officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have more than doubled from $331,497 in 2013 to $740,046 currently, while maintaining consistent revenue streams and no liabilities. Expenses have generally remained below revenue, allowing for this asset growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or compensation structures that do not fall under the 'officer compensation' category, which is a strong positive for donor trust and resource allocation.
Filing History
IRS 990 filing history for Foundation For Fort Mill Schools Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Foundation For Fort Mill Schools Inc's revenue has grown by 94.7%, moving from $94K to $183K. Total assets increased by 122.2% over the same period, from $297K to $661K. Total functional expenses rose by 294.4%, from $40K to $157K. In its most recent filing year (2022), Foundation For Fort Mill Schools Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $183K | $157K | $661K | $0 | — | — |
| 2021 | $179K | $111K | $691K | $0 | — | View 990 |
| 2020 | $189K | $175K | $578K | $0 | — | View 990 |
| 2019 | $208K | $212K | $530K | $0 | — | View 990 |
| 2018 | $156K | $131K | $483K | $0 | — | View 990 |
| 2017 | $192K | $139K | $515K | $0 | — | View 990 |
| 2016 | $81K | $69K | $415K | $0 | — | View 990 |
| 2015 | $93K | $77K | $385K | $0 | — | View 990 |
| 2014 | $123K | $61K | $384K | $0 | — | View 990 |
| 2013 | $42K | $56K | $331K | $0 | — | View 990 |
| 2012 | $73K | $60K | $310K | $0 | — | View 990 |
| 2011 | $94K | $40K | $297K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $183K, expenses of $157K, and assets of $661K (revenue +2.5% year-over-year).
- 2021: Revenue of $179K, expenses of $111K, and assets of $691K (revenue -5.3% year-over-year).
- 2020: Revenue of $189K, expenses of $175K, and assets of $578K (revenue -9.3% year-over-year).
- 2019: Revenue of $208K, expenses of $212K, and assets of $530K (revenue +33.2% year-over-year).
- 2018: Revenue of $156K, expenses of $131K, and assets of $483K (revenue -18.9% year-over-year).
- 2017: Revenue of $192K, expenses of $139K, and assets of $515K (revenue +138.0% year-over-year).
- 2016: Revenue of $81K, expenses of $69K, and assets of $415K (revenue -13.4% year-over-year).
- 2015: Revenue of $93K, expenses of $77K, and assets of $385K (revenue -24.2% year-over-year).
- 2014: Revenue of $123K, expenses of $61K, and assets of $384K (revenue +191.0% year-over-year).
- 2013: Revenue of $42K, expenses of $56K, and assets of $331K (revenue -41.8% year-over-year).
- 2012: Revenue of $73K, expenses of $60K, and assets of $310K (revenue -22.6% year-over-year).
- 2011: Revenue of $94K, expenses of $40K, and assets of $297K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Fort Mill Schools Inc:
Data Sources and Methodology
This transparency report for Foundation For Fort Mill Schools 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.