Greater Columbia Educational Advancement Foundation
Greater Columbia Educational Advancement Foundation consistently spends nearly all revenue on programs with no reported officer compensation.
EIN: 134239656 · Columbia, SC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $157K |
| Total Expenses | $166K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $150,000. |
| Net Assets | $77K |
| Transparency Score | 92/100 |
Is Greater Columbia Educational Advancement Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Columbia Educational Advancement Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Columbia Educational Advancement Foundation
Greater Columbia Educational Advancement Foundation (EIN: 134239656) is a nonprofit organization based in Columbia, SC, classified under NTEE code B82. The organization reported total revenue of $157K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Columbia Educational Advancement Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Columbia Educational Advancement Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $166K |
| Surplus / Deficit | $-847 |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | -0.5% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2022, Greater Columbia Educational Advancement Foundation reported a deficit of $847 with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Greater Columbia Educational Advancement Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +356.5% | +699.5% | -1.1% |
| 2021 | -72.5% | -85.9% | +24.7% |
| 2020 | -16.3% | -8.4% | -19.7% |
| 2019 | -1.5% | +1.2% | -3.9% |
| 2018 | +21.8% | +29.0% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Greater Columbia Educational Advancement Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Greater Columbia Educational Advancement Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $847, 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 likely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically around $150,000.
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 Greater Columbia Educational Advancement Foundation:
- Consistent absence of officer compensation, maximizing funds for programs.
- No reported liabilities across all 12 filings, indicating strong financial management.
- High program spending efficiency, with expenses closely matching revenue.
- Stable asset base over time, demonstrating financial resilience.
- Consistent filing of IRS 990s, showing strong transparency.
Frequently Asked Questions about Greater Columbia Educational Advancement Foundation
Is Greater Columbia Educational Advancement Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Columbia Educational Advancement Foundation (EIN: 134239656) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Greater Columbia Educational Advancement Foundation spend its money?
Greater Columbia Educational Advancement Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Columbia Educational Advancement Foundation tax-deductible?
Greater Columbia Educational Advancement Foundation is registered as a tax-exempt nonprofit (EIN: 134239656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Columbia Educational Advancement Foundation CEO make?
Greater Columbia Educational Advancement Foundation's highest-compensated officer earns $150,000. annually. The organization reported $157K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Greater Columbia Educational Advancement Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Greater Columbia Educational Advancement Foundation 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 Greater Columbia Educational Advancement Foundation located?
Greater Columbia Educational Advancement Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 134239656. It is classified under NTEE code B82.
How many years of IRS 990 filings does Greater Columbia Educational Advancement Foundation have?
Greater Columbia Educational Advancement 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 $157K in total revenue.
Is Greater Columbia Educational Advancement Foundation a good charity?
Based on the available IRS 990 data, the Greater Columbia Educational Advancement Foundation appears to be a very good charity. It consistently spends nearly all its revenue on its mission, reports no officer compensation, and maintains a healthy balance sheet with no liabilities.
How does the organization manage its finances given expenses often exceed revenue?
While expenses occasionally slightly exceed revenue (e.g., $166,316 expenses vs. $165,469 revenue in 2022), the organization maintains a stable asset base (e.g., $77,081 in assets in 2022) and no liabilities, suggesting it manages minor deficits through existing reserves without incurring debt.
What caused the significant drop in revenue in 2021?
In 2021, revenue dropped to $36,250 from $131,882 in 2020 and $165,469 in 2022. The IRS 990 data alone does not specify the reason for this particular fluctuation, but it recovered strongly in the subsequent year.
Filing History
IRS 990 filing history for Greater Columbia Educational Advancement Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Greater Columbia Educational Advancement Foundation's revenue has grown by 57%, moving from $105K to $165K. Total assets increased by 4.4% over the same period, from $74K to $77K. Total functional expenses rose by 95.4%, from $85K to $166K. In its most recent filing year (2022), Greater Columbia Educational Advancement Foundation reported a deficit of $847, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $165K | $166K | $77K | $0 | — | View 990 |
| 2021 | $36K | $21K | $78K | $0 | — | View 990 |
| 2020 | $132K | $147K | $62K | $0 | — | View 990 |
| 2019 | $157K | $161K | $78K | $0 | — | View 990 |
| 2018 | $160K | $159K | $81K | $0 | — | View 990 |
| 2017 | $131K | $123K | $80K | $0 | — | View 990 |
| 2016 | $140K | $127K | $71K | $0 | — | View 990 |
| 2015 | $129K | $136K | $59K | $0 | — | View 990 |
| 2014 | $111K | $109K | $65K | $0 | — | View 990 |
| 2013 | $104K | $112K | $64K | $0 | — | View 990 |
| 2012 | $114K | $117K | $71K | $0 | — | View 990 |
| 2011 | $105K | $85K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $165K, expenses of $166K, and assets of $77K (revenue +356.5% year-over-year).
- 2021: Revenue of $36K, expenses of $21K, and assets of $78K (revenue -72.5% year-over-year).
- 2020: Revenue of $132K, expenses of $147K, and assets of $62K (revenue -16.3% year-over-year).
- 2019: Revenue of $157K, expenses of $161K, and assets of $78K (revenue -1.5% year-over-year).
- 2018: Revenue of $160K, expenses of $159K, and assets of $81K (revenue +21.8% year-over-year).
- 2017: Revenue of $131K, expenses of $123K, and assets of $80K (revenue -6.0% year-over-year).
- 2016: Revenue of $140K, expenses of $127K, and assets of $71K (revenue +8.3% year-over-year).
- 2015: Revenue of $129K, expenses of $136K, and assets of $59K (revenue +16.3% year-over-year).
- 2014: Revenue of $111K, expenses of $109K, and assets of $65K (revenue +6.2% year-over-year).
- 2013: Revenue of $104K, expenses of $112K, and assets of $64K (revenue -8.5% year-over-year).
- 2012: Revenue of $114K, expenses of $117K, and assets of $71K (revenue +8.2% year-over-year).
- 2011: Revenue of $105K, expenses of $85K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Columbia Educational Advancement Foundation:
Data Sources and Methodology
This transparency report for Greater Columbia Educational Advancement 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.