Furman Youth Association Inc
EIN: 570896875 · Greenville, SC · NTEE: N630
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $911K |
Is Furman Youth Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Furman Youth Association Inc
Furman Youth Association Inc (EIN: 570896875) is a nonprofit organization based in Greenville, SC, classified under NTEE code N630. The organization reported total revenue of $1.1M and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Furman Youth Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Furman Youth Association Inc is a mid-size nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $806K |
| Total Expenses | $911K |
| Surplus / Deficit | $-105,520 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -13.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Furman Youth Association Inc reported a deficit of $106K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Furman Youth Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +21.9% | — |
| 2022 | +18.0% | +25.2% | — |
| 2021 | +4.2% | -0.4% | — |
| 2020 | +2.1% | +6.6% | — |
| 2019 | -13.8% | -14.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Furman Youth Association Inc 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 Furman Youth Association Inc 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 deficit of $106K, with expenses exceeding revenue.
Frequently Asked Questions about Furman Youth Association Inc
Is Furman Youth Association Inc a legitimate charity?
Furman Youth Association Inc (EIN: 570896875) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: C.
How does Furman Youth Association Inc spend its money?
Furman Youth Association Inc reported $1.1M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Furman Youth Association Inc tax-deductible?
Furman Youth Association Inc is registered as a tax-exempt nonprofit (EIN: 570896875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Furman Youth Association Inc located?
Furman Youth Association Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 570896875. It is classified under NTEE code N630.
How many years of IRS 990 filings does Furman Youth Association Inc have?
Furman Youth Association 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Furman Youth Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Furman Youth Association Inc's revenue has grown by 100.3%, moving from $402K to $806K. Total assets decreased by 100% over the same period, from $1 to $0. Total functional expenses rose by 127.7%, from $400K to $911K. In its most recent filing year (2023), Furman Youth Association Inc reported a deficit of $106K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $806K | $911K | $0 | $0 | — | — |
| 2022 | $716K | $748K | $0 | $0 | — | View 990 |
| 2021 | $606K | $597K | $0 | $0 | — | View 990 |
| 2020 | $582K | $599K | $0 | $0 | — | View 990 |
| 2019 | $570K | $562K | $0 | $0 | — | View 990 |
| 2018 | $661K | $655K | $0 | $0 | — | View 990 |
| 2017 | $656K | $704K | $0 | $0 | — | View 990 |
| 2016 | $621K | $620K | $1 | $0 | — | View 990 |
| 2015 | $520K | $521K | $1 | $0 | — | View 990 |
| 2014 | $493K | $496K | $0 | $0 | — | View 990 |
| 2013 | $433K | $450K | $0 | $0 | — | View 990 |
| 2012 | $402K | $400K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $806K, expenses of $911K, and assets of $0 (revenue +12.6% year-over-year).
- 2022: Revenue of $716K, expenses of $748K, and assets of $0 (revenue +18.0% year-over-year).
- 2021: Revenue of $606K, expenses of $597K, and assets of $0 (revenue +4.2% year-over-year).
- 2020: Revenue of $582K, expenses of $599K, and assets of $0 (revenue +2.1% year-over-year).
- 2019: Revenue of $570K, expenses of $562K, and assets of $0 (revenue -13.8% year-over-year).
- 2018: Revenue of $661K, expenses of $655K, and assets of $0 (revenue +0.8% year-over-year).
- 2017: Revenue of $656K, expenses of $704K, and assets of $0 (revenue +5.6% year-over-year).
- 2016: Revenue of $621K, expenses of $620K, and assets of $1 (revenue +19.4% year-over-year).
- 2015: Revenue of $520K, expenses of $521K, and assets of $1 (revenue +5.5% year-over-year).
- 2014: Revenue of $493K, expenses of $496K, and assets of $0 (revenue +13.6% year-over-year).
- 2013: Revenue of $433K, expenses of $450K, and assets of $0 (revenue +7.7% year-over-year).
- 2012: Revenue of $402K, expenses of $400K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Furman Youth Association Inc:
Data Sources and Methodology
This transparency report for Furman Youth Association 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.