Governors Mansion Foundation
EIN: 570659675 · Columbia, SC · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $861K |
| Total Expenses | $36K |
| Net Assets | $229K |
Is Governors Mansion Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Governors Mansion Foundation
Governors Mansion Foundation (EIN: 570659675) is a nonprofit organization based in Columbia, SC, classified under NTEE code A82Z. The organization reported total revenue of $861K and total assets of $637K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Governors Mansion Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Governors Mansion Foundation is a small nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $36K |
| Surplus / Deficit | +$9K |
| Total Assets | $230K |
| Total Liabilities | $765 |
| Net Assets | $229K |
| Operating Margin | 19.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 77.3 months |
Financial Health Grade: A
In 2023, Governors Mansion Foundation reported a surplus of $9K with revenue exceeding expenses, holds 77.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Governors Mansion Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.9% | +26.8% | +3.9% |
| 2022 | +36.9% | -44.8% | +1.3% |
| 2021 | +37.6% | -54.6% | -11.6% |
| 2020 | -93.7% | -32.6% | -28.0% |
| 2019 | +18779.1% | +178.4% | +36.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Governors Mansion Foundation 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 Governors Mansion Foundation 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Governors Mansion Foundation
Is Governors Mansion Foundation a legitimate charity?
Governors Mansion Foundation (EIN: 570659675) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $861K. No red flags identified. Financial health grade: A.
How does Governors Mansion Foundation spend its money?
Governors Mansion Foundation reported $861K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Governors Mansion Foundation tax-deductible?
Governors Mansion Foundation is registered as a tax-exempt nonprofit (EIN: 570659675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Governors Mansion Foundation located?
Governors Mansion Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 570659675. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Governors Mansion Foundation have?
Governors Mansion Foundation 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 $861K in total revenue.
Filing History
IRS 990 filing history for Governors Mansion Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Governors Mansion Foundation's revenue has grown by 541.1%, moving from $7K to $44K. Total assets decreased by 8.7% over the same period, from $252K to $230K. Total functional expenses rose by 44.8%, from $25K to $36K. In its most recent filing year (2023), Governors Mansion Foundation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $765 in liabilities against $230K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $229K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $36K | $230K | $765 | — | View 990 |
| 2022 | $31K | $28K | $221K | $931 | — | — |
| 2021 | $22K | $51K | $218K | $765 | — | View 990 |
| 2020 | $16K | $112K | $247K | $765 | — | — |
| 2019 | $258K | $167K | $343K | $765 | — | View 990 |
| 2018 | $1K | $60K | $251K | $765 | — | View 990 |
| 2017 | $63K | $55K | $310K | $765 | — | View 990 |
| 2016 | $27K | $33K | $302K | $765 | — | View 990 |
| 2015 | $101K | $31K | $308K | $765 | — | View 990 |
| 2014 | $73K | $76K | $237K | $127 | — | View 990 |
| 2013 | $22K | $34K | $240K | $64 | — | View 990 |
| 2012 | $7K | $25K | $252K | $56 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $36K, and assets of $230K (revenue +44.9% year-over-year).
- 2022: Revenue of $31K, expenses of $28K, and assets of $221K (revenue +36.9% year-over-year).
- 2021: Revenue of $22K, expenses of $51K, and assets of $218K (revenue +37.6% year-over-year).
- 2020: Revenue of $16K, expenses of $112K, and assets of $247K (revenue -93.7% year-over-year).
- 2019: Revenue of $258K, expenses of $167K, and assets of $343K (revenue +18779.1% year-over-year).
- 2018: Revenue of $1K, expenses of $60K, and assets of $251K (revenue -97.8% year-over-year).
- 2017: Revenue of $63K, expenses of $55K, and assets of $310K (revenue +131.8% year-over-year).
- 2016: Revenue of $27K, expenses of $33K, and assets of $302K (revenue -73.2% year-over-year).
- 2015: Revenue of $101K, expenses of $31K, and assets of $308K (revenue +37.7% year-over-year).
- 2014: Revenue of $73K, expenses of $76K, and assets of $237K (revenue +235.1% year-over-year).
- 2013: Revenue of $22K, expenses of $34K, and assets of $240K (revenue +215.9% year-over-year).
- 2012: Revenue of $7K, expenses of $25K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Governors Mansion Foundation:
Data Sources and Methodology
This transparency report for Governors Mansion Foundation 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.