George Rogers Foundation Of The Carolinas Inc
George Rogers Foundation experiences significant revenue decline and operational deficits in recent years.
EIN: 113737912 · Columbia, SC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $67K |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 65/100 |
Is George Rogers Foundation Of The Carolinas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
George Rogers Foundation Of The Carolinas Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About George Rogers Foundation Of The Carolinas Inc
George Rogers Foundation Of The Carolinas Inc (EIN: 113737912) is a nonprofit organization based in Columbia, SC, classified under NTEE code B82. The organization reported total revenue of $35K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Rogers Foundation Of The Carolinas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Rogers Foundation Of The Carolinas Inc is a micro nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $67K |
| Surplus / Deficit | $-17,944 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -36.8% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, George Rogers Foundation Of The Carolinas Inc reported a deficit of $18K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), George Rogers Foundation Of The Carolinas Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +683.8% | -25.0% | -61.6% |
| 2022 | -96.9% | -10.6% | -74.0% |
| 2021 | +762.9% | +234.6% | +1223.0% |
| 2020 | -46.1% | -21.2% | -42.4% |
| 2019 | -26.6% | -53.7% | +67.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 George Rogers Foundation Of The Carolinas Inc with a Mission Score of 65 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, George Rogers Foundation Of The Carolinas 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not compensated, which is a positive for donor confidence and suggests a volunteer-driven model.
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 George Rogers Foundation Of The Carolinas Inc's IRS 990 filings:
- Significant and consistent operational deficits in recent years (e.g., 2022: $82,743 deficit; 2023: $17,944 deficit).
- Sharp decline in assets from $111,874 in 2021 to $11,187 in 2023, indicating a potential lack of financial reserves.
- Highly volatile revenue streams, making long-term financial planning challenging.
Strengths
The following positive indicators were identified for George Rogers Foundation Of The Carolinas Inc:
- Consistent reporting of zero officer compensation, indicating a volunteer-led or highly efficient leadership structure.
- No reported liabilities across all available filings, suggesting good financial management regarding debt.
- Consistent filing of IRS 990 forms, demonstrating transparency and compliance.
Frequently Asked Questions about George Rogers Foundation Of The Carolinas Inc
Is George Rogers Foundation Of The Carolinas Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, George Rogers Foundation Of The Carolinas Inc (EIN: 113737912) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does George Rogers Foundation Of The Carolinas Inc spend its money?
George Rogers Foundation Of The Carolinas Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to George Rogers Foundation Of The Carolinas Inc tax-deductible?
George Rogers Foundation Of The Carolinas Inc is registered as a tax-exempt nonprofit (EIN: 113737912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of George Rogers Foundation Of The Carolinas Inc's spending goes to programs?
George Rogers Foundation Of The Carolinas Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does George Rogers Foundation Of The Carolinas Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), George Rogers Foundation Of The Carolinas Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is George Rogers Foundation Of The Carolinas Inc located?
George Rogers Foundation Of The Carolinas Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 113737912. It is classified under NTEE code B82.
How many years of IRS 990 filings does George Rogers Foundation Of The Carolinas Inc have?
George Rogers Foundation Of The Carolinas 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 $35K in total revenue.
Why has revenue declined so sharply since 2021?
The organization's revenue dropped from $202,879 in 2021 to $6,224 in 2022 and $48,785 in 2023, indicating a significant and rapid decrease in financial support or fundraising success.
How does the organization cover its expenses when revenue is lower?
In periods like 2022 and 2023, expenses ($88,967 and $66,729 respectively) significantly exceeded revenue ($6,224 and $48,785). This suggests the organization is drawing down on assets or relying on prior year surpluses to cover operational costs.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses, making it difficult to ascertain the exact percentages allocated to programs, administration, and fundraising activities.
Filing History
IRS 990 filing history for George Rogers Foundation Of The Carolinas Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), George Rogers Foundation Of The Carolinas Inc's revenue has declined by 35.3%, moving from $75K to $49K. Total assets decreased by 49.3% over the same period, from $22K to $11K. Total functional expenses fell by 6.7%, from $71K to $67K. In its most recent filing year (2023), George Rogers Foundation Of The Carolinas Inc reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49K | $67K | $11K | $0 | — | View 990 |
| 2022 | $6K | $89K | $29K | $0 | — | View 990 |
| 2021 | $203K | $99K | $112K | $0 | — | View 990 |
| 2020 | $24K | $30K | $8K | $0 | — | — |
| 2019 | $44K | $38K | $15K | $0 | — | View 990 |
| 2018 | $59K | $82K | $9K | $0 | — | View 990 |
| 2017 | $79K | $58K | $31K | $0 | — | View 990 |
| 2016 | $76K | $88K | $10K | $0 | — | View 990 |
| 2015 | $56K | $72K | $22K | $0 | — | View 990 |
| 2014 | $60K | $44K | $37K | $0 | — | View 990 |
| 2013 | $37K | $53K | $21K | $0 | — | View 990 |
| 2012 | $76K | $44K | $37K | $0 | — | View 990 |
| 2011 | $74K | $60K | $36K | $0 | — | View 990 |
| 2010 | $75K | $71K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49K, expenses of $67K, and assets of $11K (revenue +683.8% year-over-year).
- 2022: Revenue of $6K, expenses of $89K, and assets of $29K (revenue -96.9% year-over-year).
- 2021: Revenue of $203K, expenses of $99K, and assets of $112K (revenue +762.9% year-over-year).
- 2020: Revenue of $24K, expenses of $30K, and assets of $8K (revenue -46.1% year-over-year).
- 2019: Revenue of $44K, expenses of $38K, and assets of $15K (revenue -26.6% year-over-year).
- 2018: Revenue of $59K, expenses of $82K, and assets of $9K (revenue -25.0% year-over-year).
- 2017: Revenue of $79K, expenses of $58K, and assets of $31K (revenue +4.0% year-over-year).
- 2016: Revenue of $76K, expenses of $88K, and assets of $10K (revenue +36.1% year-over-year).
- 2015: Revenue of $56K, expenses of $72K, and assets of $22K (revenue -7.2% year-over-year).
- 2014: Revenue of $60K, expenses of $44K, and assets of $37K (revenue +63.5% year-over-year).
- 2013: Revenue of $37K, expenses of $53K, and assets of $21K (revenue -51.7% year-over-year).
- 2012: Revenue of $76K, expenses of $44K, and assets of $37K (revenue +3.6% year-over-year).
- 2011: Revenue of $74K, expenses of $60K, and assets of $36K (revenue -2.2% year-over-year).
- 2010: Revenue of $75K, expenses of $71K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Rogers Foundation Of The Carolinas Inc:
Data Sources and Methodology
This transparency report for George Rogers Foundation Of The Carolinas 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.