Friends Of Harbison State Forest Inc
Friends Of Harbison State Forest Inc experiences significant financial volatility with a large deficit in 2024 following a strong 2023.
EIN: 201272169 · Columbia, SC · NTEE: C36 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $185K |
| Program Spending | 80% |
| Net Assets | $126K |
| Transparency Score | 70/100 |
Is Friends Of Harbison State Forest Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Harbison State Forest Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Harbison State Forest Inc
Friends Of Harbison State Forest Inc (EIN: 201272169) is a nonprofit organization based in Columbia, SC, classified under NTEE code C36. The organization reported total revenue of $10K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Harbison State Forest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Harbison State Forest Inc is a micro nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $185K |
| Surplus / Deficit | $-174,618 |
| Total Assets | $126K |
| Net Assets | $126K |
| Operating Margin | -1655.6% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2024, Friends Of Harbison State Forest Inc reported a deficit of $175K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 15 years of filings (2010–2024), Friends Of Harbison State Forest Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -96.0% | +575.7% | -58.1% |
| 2023 | +747.4% | -0.3% | +366.1% |
| 2022 | -8.7% | +73.9% | +5.9% |
| 2021 | +39.9% | -61.9% | +42.8% |
| 2020 | -1.9% | +181.0% | -28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Friends Of Harbison State Forest Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of Harbison State Forest Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $175K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient and directs more funds towards the mission.
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 Friends Of Harbison State Forest Inc's IRS 990 filings:
- Significant deficit in 2024 ($174,618) where expenses ($185,165) far exceeded revenue ($10,547).
- High financial volatility with revenue fluctuating from $5,671 (2015) to $263,489 (2023) and then to $10,547 (2024).
- Expenses in 2024 ($185,165) are disproportionately high compared to the organization's typical operating budget and recent revenues, without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Friends Of Harbison State Forest Inc:
- Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds at the executive level.
- Maintained zero liabilities across all reported periods, demonstrating fiscal prudence and no reliance on debt.
- Significant asset growth in 2023 to $300,575, providing a financial buffer despite recent volatility.
Frequently Asked Questions about Friends Of Harbison State Forest Inc
Is Friends Of Harbison State Forest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Harbison State Forest Inc (EIN: 201272169) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Friends Of Harbison State Forest Inc spend its money?
Friends Of Harbison State Forest Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Harbison State Forest Inc tax-deductible?
Friends Of Harbison State Forest Inc is registered as a tax-exempt nonprofit (EIN: 201272169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Harbison State Forest Inc's spending goes to programs?
Friends Of Harbison State Forest Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Harbison State Forest Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Friends Of Harbison State Forest Inc is above average for NTEE category C36 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Harbison State Forest Inc located?
Friends Of Harbison State Forest Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 201272169. It is classified under NTEE code C36.
How many years of IRS 990 filings does Friends Of Harbison State Forest Inc have?
Friends Of Harbison State Forest Inc has 15 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 $10K in total revenue.
What caused the significant increase in expenses to $185,165 in the 2024 fiscal period, given the low revenue of $10,547?
The filings do not provide a detailed breakdown of expenses, making it unclear whether this was a large program expenditure, a capital investment, or an unusual administrative cost. This substantial deficit warrants further investigation.
How does Friends Of Harbison State Forest Inc plan to address the large deficit incurred in the 2024 fiscal period?
The organization's financial strategy to cover the $174,618 deficit (Expenses $185,165 - Revenue $10,547) is not detailed in the provided data. It likely involved drawing down on the significant assets accumulated in prior years, particularly the $300,575 reported in 2023.
Is Friends Of Harbison State Forest Inc a good charity?
The charity demonstrates strong volunteer leadership with 0% officer compensation and has shown periods of significant asset growth. However, the extreme financial volatility, particularly the large deficit in 2024, raises concerns about financial stability and predictability. Donors should seek more clarity on the nature of recent expenditures and future financial plans.
Filing History
IRS 990 filing history for Friends Of Harbison State Forest Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2024), Friends Of Harbison State Forest Inc's revenue has grown by 430.8%, moving from $2K to $11K. Total assets increased by 11382% over the same period, from $1K to $126K. Total functional expenses rose by 4422.8%, from $4K to $185K. In its most recent filing year (2024), Friends Of Harbison State Forest Inc reported a deficit of $175K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $11K | $185K | $126K | $0 | — | — |
| 2023 | $263K | $27K | $301K | $0 | — | — |
| 2022 | $31K | $27K | $64K | $0 | — | View 990 |
| 2021 | $34K | $16K | $61K | $0 | — | View 990 |
| 2020 | $24K | $41K | $43K | $0 | — | View 990 |
| 2019 | $25K | $15K | $60K | $0 | — | View 990 |
| 2018 | $21K | $27K | $50K | $0 | — | View 990 |
| 2017 | $18K | $24K | $56K | $0 | — | View 990 |
| 2016 | $62K | $11K | $62K | $0 | — | View 990 |
| 2015 | $6K | $2K | $11K | $0 | — | View 990 |
| 2014 | $16K | $16K | $7K | $0 | — | View 990 |
| 2013 | $13K | $14K | $7K | $0 | — | — |
| 2012 | $6K | $2K | $8K | $0 | — | — |
| 2011 | $11K | $8K | $4K | $0 | — | — |
| 2010 | $2K | $4K | $1K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $11K, expenses of $185K, and assets of $126K (revenue -96.0% year-over-year).
- 2023: Revenue of $263K, expenses of $27K, and assets of $301K (revenue +747.4% year-over-year).
- 2022: Revenue of $31K, expenses of $27K, and assets of $64K (revenue -8.7% year-over-year).
- 2021: Revenue of $34K, expenses of $16K, and assets of $61K (revenue +39.9% year-over-year).
- 2020: Revenue of $24K, expenses of $41K, and assets of $43K (revenue -1.9% year-over-year).
- 2019: Revenue of $25K, expenses of $15K, and assets of $60K (revenue +20.9% year-over-year).
- 2018: Revenue of $21K, expenses of $27K, and assets of $50K (revenue +13.3% year-over-year).
- 2017: Revenue of $18K, expenses of $24K, and assets of $56K (revenue -70.9% year-over-year).
- 2016: Revenue of $62K, expenses of $11K, and assets of $62K (revenue +995.3% year-over-year).
- 2015: Revenue of $6K, expenses of $2K, and assets of $11K (revenue -63.9% year-over-year).
- 2014: Revenue of $16K, expenses of $16K, and assets of $7K (revenue +24.1% year-over-year).
- 2013: Revenue of $13K, expenses of $14K, and assets of $7K (revenue +109.2% year-over-year).
- 2012: Revenue of $6K, expenses of $2K, and assets of $8K (revenue -44.4% year-over-year).
- 2011: Revenue of $11K, expenses of $8K, and assets of $4K (revenue +447.2% year-over-year).
- 2010: Revenue of $2K, expenses of $4K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Harbison State Forest Inc:
Data Sources and Methodology
This transparency report for Friends Of Harbison State Forest 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.