Greenville Chinese Cultureassociation
Greenville Chinese Culture Association maintains stable finances with no officer compensation and growing assets.
EIN: 204368567 · Greenville, SC · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $35K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40,000. |
| Net Assets | $211K |
| Transparency Score | 95/100 |
Is Greenville Chinese Cultureassociation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenville Chinese Cultureassociation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenville Chinese Cultureassociation
Greenville Chinese Cultureassociation (EIN: 204368567) is a nonprofit organization based in Greenville, SC, classified under NTEE code A23. The organization reported total revenue of $43K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenville Chinese Cultureassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenville Chinese Cultureassociation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $35K |
| Surplus / Deficit | $-109 |
| Total Assets | $211K |
| Net Assets | $211K |
| Operating Margin | -0.3% |
| Months of Reserves | 72.3 months |
Financial Health Grade: B
In 2023, Greenville Chinese Cultureassociation reported a deficit of $109 with expenses exceeding revenue, holds 72.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greenville Chinese Cultureassociation's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | +10.7% | -0.1% |
| 2022 | +13.4% | +123.9% | -0.2% |
| 2021 | -34.1% | -67.1% | +12.5% |
| 2020 | -10.1% | -15.6% | -0.7% |
| 2019 | -5.9% | +34.8% | +149.9% |
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 Greenville Chinese Cultureassociation with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Greenville Chinese Cultureassociation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $109, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues around $40,000.
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 Greenville Chinese Cultureassociation:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable financial operations with annual revenues and expenses generally balanced.
- Consistent asset growth, from $165,523 in 2014 to $223,901 currently, indicating financial stability.
- Zero reported liabilities across all filings, demonstrating a debt-free operation.
- Regular IRS 990 filings over 13 periods, indicating strong transparency and compliance.
Frequently Asked Questions about Greenville Chinese Cultureassociation
Is Greenville Chinese Cultureassociation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenville Chinese Cultureassociation (EIN: 204368567) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Greenville Chinese Cultureassociation spend its money?
Greenville Chinese Cultureassociation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greenville Chinese Cultureassociation tax-deductible?
Greenville Chinese Cultureassociation is registered as a tax-exempt nonprofit (EIN: 204368567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greenville Chinese Cultureassociation CEO make?
Greenville Chinese Cultureassociation's highest-compensated officer earns $40,000. annually. The organization reported $43K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greenville Chinese Cultureassociation's spending goes to programs?
Greenville Chinese Cultureassociation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greenville Chinese Cultureassociation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Greenville Chinese Cultureassociation is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greenville Chinese Cultureassociation located?
Greenville Chinese Cultureassociation is headquartered in Greenville, South Carolina and files with the IRS under EIN 204368567. It is classified under NTEE code A23.
How many years of IRS 990 filings does Greenville Chinese Cultureassociation have?
Greenville Chinese Cultureassociation 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 $43K in total revenue.
Is Greenville Chinese Culture Association a good charity?
Based on the provided financial data, the Greenville Chinese Culture Association appears to be a very good charity. It consistently reports 0% officer compensation, indicating a volunteer-driven model, and has a history of stable finances with growing assets and no reported liabilities.
How has the organization's financial health changed over time?
The organization has maintained stable revenues and expenses over the past decade, generally ranging from $30,000 to $50,000 annually. Its assets have steadily grown from $165,523 in 2014 to $223,901 currently, demonstrating consistent financial health and growth.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Greenville Chinese Cultureassociation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greenville Chinese Cultureassociation's revenue has declined by 36.1%, moving from $55K to $35K. Total assets increased by 65.9% over the same period, from $127K to $211K. Total functional expenses fell by 22.6%, from $45K to $35K. In its most recent filing year (2023), Greenville Chinese Cultureassociation reported a deficit of $109, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $35K | $211K | $0 | — | — |
| 2022 | $31K | $32K | $211K | $0 | — | View 990 |
| 2021 | $27K | $14K | $211K | $0 | — | — |
| 2020 | $42K | $43K | $188K | $0 | — | — |
| 2019 | $46K | $51K | $189K | $0 | — | View 990 |
| 2018 | $49K | $38K | $76K | $0 | — | View 990 |
| 2017 | $42K | $30K | $180K | $0 | — | View 990 |
| 2016 | $37K | $37K | $168K | $0 | — | View 990 |
| 2015 | $53K | $51K | $168K | $0 | — | View 990 |
| 2014 | $53K | $47K | $166K | $0 | — | View 990 |
| 2013 | $57K | $50K | $159K | $0 | — | View 990 |
| 2012 | $71K | $46K | $152K | $0 | — | View 990 |
| 2011 | $55K | $45K | $127K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $35K, and assets of $211K (revenue +12.1% year-over-year).
- 2022: Revenue of $31K, expenses of $32K, and assets of $211K (revenue +13.4% year-over-year).
- 2021: Revenue of $27K, expenses of $14K, and assets of $211K (revenue -34.1% year-over-year).
- 2020: Revenue of $42K, expenses of $43K, and assets of $188K (revenue -10.1% year-over-year).
- 2019: Revenue of $46K, expenses of $51K, and assets of $189K (revenue -5.9% year-over-year).
- 2018: Revenue of $49K, expenses of $38K, and assets of $76K (revenue +17.5% year-over-year).
- 2017: Revenue of $42K, expenses of $30K, and assets of $180K (revenue +12.3% year-over-year).
- 2016: Revenue of $37K, expenses of $37K, and assets of $168K (revenue -29.6% year-over-year).
- 2015: Revenue of $53K, expenses of $51K, and assets of $168K (revenue -0.2% year-over-year).
- 2014: Revenue of $53K, expenses of $47K, and assets of $166K (revenue -7.4% year-over-year).
- 2013: Revenue of $57K, expenses of $50K, and assets of $159K (revenue -18.7% year-over-year).
- 2012: Revenue of $71K, expenses of $46K, and assets of $152K (revenue +29.5% year-over-year).
- 2011: Revenue of $55K, expenses of $45K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenville Chinese Cultureassociation:
Data Sources and Methodology
This transparency report for Greenville Chinese Cultureassociation 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.