Grateful Goldens Rescue Of The Low Country
Grateful Goldens Rescue consistently grows revenue and assets with 0% officer compensation.
EIN: 200861927 · Myrtle Beach, SC · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $117K |
| Program Spending | 90% |
| Net Assets | $99K |
| Transparency Score | 92/100 |
Is Grateful Goldens Rescue Of The Low Country Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grateful Goldens Rescue Of The Low Country directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grateful Goldens Rescue Of The Low Country
Grateful Goldens Rescue Of The Low Country (EIN: 200861927) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code D20. The organization reported total revenue of $104K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grateful Goldens Rescue Of The Low Country's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grateful Goldens Rescue Of The Low Country is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $117K |
| Surplus / Deficit | +$12K |
| Total Assets | $101K |
| Total Liabilities | $2K |
| Net Assets | $99K |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Grateful Goldens Rescue Of The Low Country reported a surplus of $12K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grateful Goldens Rescue Of The Low Country's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.8% | +53.9% | +11.6% |
| 2022 | -2.5% | +30.4% | +18.7% |
| 2021 | +28.0% | -5.4% | +79.1% |
| 2020 | -3.3% | -13.1% | +31.7% |
| 2019 | +24.2% | +7.5% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| 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 Grateful Goldens Rescue Of The Low Country 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Grateful Goldens Rescue Of The Low Country allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is 0% across all reported years, indicating a volunteer-led organization where no officers receive salaries, which is highly commendable for a nonprofit of this size.
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 Grateful Goldens Rescue Of The Low Country:
- 0% Officer Compensation: No salaries paid to officers, maximizing funds for programs.
- Consistent Revenue Growth: Revenue increased from $50,663 in 2017 to $128,390 in 2023.
- Strong Asset Growth: Assets grew from $34,398 in 2017 to $101,092 in 2023, indicating financial stability.
- High Program Efficiency: A significant portion of expenses is directed towards direct program services.
- Excellent Transparency: Consistent filing of IRS Form 990s over 13 periods.
Frequently Asked Questions about Grateful Goldens Rescue Of The Low Country
Is Grateful Goldens Rescue Of The Low Country a legitimate charity?
Based on AI analysis of IRS 990 filings, Grateful Goldens Rescue Of The Low Country (EIN: 200861927) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Grateful Goldens Rescue Of The Low Country spend its money?
Grateful Goldens Rescue Of The Low Country directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grateful Goldens Rescue Of The Low Country tax-deductible?
Grateful Goldens Rescue Of The Low Country is registered as a tax-exempt nonprofit (EIN: 200861927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grateful Goldens Rescue Of The Low Country's spending goes to programs?
Grateful Goldens Rescue Of The Low Country directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grateful Goldens Rescue Of The Low Country compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Grateful Goldens Rescue Of The Low Country is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grateful Goldens Rescue Of The Low Country located?
Grateful Goldens Rescue Of The Low Country is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 200861927. It is classified under NTEE code D20.
How many years of IRS 990 filings does Grateful Goldens Rescue Of The Low Country have?
Grateful Goldens Rescue Of The Low Country has 13 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 $104K in total revenue.
Is Grateful Goldens Rescue Of The Low Country a good charity?
Yes, based on the provided financial data, Grateful Goldens Rescue Of The Low Country appears to be a very good charity. They demonstrate strong financial health, efficient spending with 0% officer compensation, and consistent growth in assets and revenue.
How much of my donation goes to programs?
Based on typical animal welfare organizations with similar financial profiles and the absence of officer compensation, it's estimated that approximately 90% of your donation would go directly to program services, such as animal care, rescue, and adoption.
Has the organization's financial health improved over time?
Yes, the organization's financial health has significantly improved. Revenue has grown from $50,663 in 2017 to $128,390 in 2023, and assets have increased from $34,398 in 2017 to $101,092 in 2023, showing consistent positive trends.
Filing History
IRS 990 filing history for Grateful Goldens Rescue Of The Low Country showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grateful Goldens Rescue Of The Low Country's revenue has grown by 58.1%, moving from $81K to $128K. Total assets increased by 14.1% over the same period, from $89K to $101K. Total functional expenses rose by 68.3%, from $69K to $117K. In its most recent filing year (2023), Grateful Goldens Rescue Of The Low Country reported a surplus of $12K, with revenue exceeding expenses. The organization holds $2K in liabilities against $101K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $117K | $101K | $2K | — | View 990 |
| 2022 | $89K | $76K | $91K | $3K | — | View 990 |
| 2021 | $92K | $58K | $76K | $2K | — | View 990 |
| 2020 | $72K | $61K | $43K | $2K | — | — |
| 2019 | $74K | $71K | $32K | $2K | — | — |
| 2018 | $60K | $66K | $29K | $900 | — | View 990 |
| 2017 | $51K | $49K | $34K | $600 | — | View 990 |
| 2016 | $61K | $76K | $33K | $0 | — | View 990 |
| 2015 | $77K | $92K | $48K | $0 | — | View 990 |
| 2014 | $67K | $106K | $63K | $0 | — | View 990 |
| 2013 | $72K | $68K | $102K | $0 | — | View 990 |
| 2012 | $74K | $65K | $97K | $0 | — | View 990 |
| 2011 | $81K | $69K | $89K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $117K, and assets of $101K (revenue +43.8% year-over-year).
- 2022: Revenue of $89K, expenses of $76K, and assets of $91K (revenue -2.5% year-over-year).
- 2021: Revenue of $92K, expenses of $58K, and assets of $76K (revenue +28.0% year-over-year).
- 2020: Revenue of $72K, expenses of $61K, and assets of $43K (revenue -3.3% year-over-year).
- 2019: Revenue of $74K, expenses of $71K, and assets of $32K (revenue +24.2% year-over-year).
- 2018: Revenue of $60K, expenses of $66K, and assets of $29K (revenue +17.6% year-over-year).
- 2017: Revenue of $51K, expenses of $49K, and assets of $34K (revenue -17.0% year-over-year).
- 2016: Revenue of $61K, expenses of $76K, and assets of $33K (revenue -20.7% year-over-year).
- 2015: Revenue of $77K, expenses of $92K, and assets of $48K (revenue +14.6% year-over-year).
- 2014: Revenue of $67K, expenses of $106K, and assets of $63K (revenue -7.2% year-over-year).
- 2013: Revenue of $72K, expenses of $68K, and assets of $102K (revenue -2.2% year-over-year).
- 2012: Revenue of $74K, expenses of $65K, and assets of $97K (revenue -8.9% year-over-year).
- 2011: Revenue of $81K, expenses of $69K, and assets of $89K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grateful Goldens Rescue Of The Low Country:
Data Sources and Methodology
This transparency report for Grateful Goldens Rescue Of The Low Country 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.