Greater South Farrow Road Community Development Foundation
EIN: 571108111 · Columbia, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $27K |
| Net Assets | $69K |
Is Greater South Farrow Road Community Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater South Farrow Road Community Development Foundation
Greater South Farrow Road Community Development Foundation (EIN: 571108111) is a nonprofit organization based in Columbia, SC, classified under NTEE code P20. The organization reported total revenue of $107K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater South Farrow Road Community Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater South Farrow Road Community Development Foundation is a small nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2021–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $27K |
| Surplus / Deficit | +$80K |
| Total Assets | $82K |
| Total Liabilities | $13K |
| Net Assets | $69K |
| Operating Margin | 74.5% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 36.1 months |
Financial Health Grade: A
In 2023, Greater South Farrow Road Community Development Foundation reported a surplus of $80K with revenue exceeding expenses, holds 36.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1161.2% | +34.6% | +3395.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater South Farrow Road Community Development 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 Greater South Farrow Road Community Development 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 $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.8%.
Frequently Asked Questions about Greater South Farrow Road Community Development Foundation
Is Greater South Farrow Road Community Development Foundation a legitimate charity?
Greater South Farrow Road Community Development Foundation (EIN: 571108111) is a registered tax-exempt nonprofit based in South Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $107K. No red flags identified. Financial health grade: A.
How does Greater South Farrow Road Community Development Foundation spend its money?
Greater South Farrow Road Community Development Foundation reported $107K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greater South Farrow Road Community Development Foundation tax-deductible?
Greater South Farrow Road Community Development Foundation is registered as a tax-exempt nonprofit (EIN: 571108111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater South Farrow Road Community Development Foundation located?
Greater South Farrow Road Community Development Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 571108111. It is classified under NTEE code P20.
How many years of IRS 990 filings does Greater South Farrow Road Community Development Foundation have?
Greater South Farrow Road Community Development Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $107K in total revenue.
Filing History
IRS 990 filing history for Greater South Farrow Road Community Development Foundation showing financial trends over 3 years of public records:
Total assets increased by 8228300% over the same period, from $1 to $82K. In its most recent filing year (2023), Greater South Farrow Road Community Development Foundation reported a surplus of $80K, with revenue exceeding expenses. The organization holds $13K in liabilities against $82K in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $27K | $82K | $13K | — | View 990 |
| 2022 | $9K | $20K | $2K | $13K | — | View 990 |
| 2021 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $27K, and assets of $82K (revenue +1161.2% year-over-year).
- 2022: Revenue of $9K, expenses of $20K, and assets of $2K.
- 2021: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater South Farrow Road Community Development Foundation:
Data Sources and Methodology
This transparency report for Greater South Farrow Road Community Development 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.