Guy Daniels Memorial Foundation
Guy Daniels Memorial Foundation maintains zero executive compensation amidst fluctuating revenues and expenses.
EIN: 208687570 · Myrtle Beach, SC · NTEE: W99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $1K |
| Program Spending | 80% |
| Net Assets | $22K |
| Transparency Score | 70/100 |
Is Guy Daniels Memorial Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Guy Daniels Memorial Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Guy Daniels Memorial Foundation
Guy Daniels Memorial Foundation (EIN: 208687570) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code W99. The organization reported total revenue of $13K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guy Daniels Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guy Daniels Memorial Foundation is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $1K |
| Surplus / Deficit | +$8K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 86.9% |
| Months of Reserves | 214.5 months |
Financial Health Grade: A
In 2023, Guy Daniels Memorial Foundation reported a surplus of $8K with revenue exceeding expenses, holds 214.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Guy Daniels Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | -76.6% | +59.2% |
| 2022 | +5.3% | -59.8% | +32.7% |
| 2021 | +2059.2% | +134.8% | -31.8% |
| 2020 | -97.6% | -68.6% | -25.4% |
| 2019 | -37.8% | -18.6% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Guy Daniels Memorial Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Guy Daniels Memorial Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for any organization, regardless of 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.
Red Flags
The following concerns were identified during AI analysis of Guy Daniels Memorial Foundation's IRS 990 filings:
- Significant revenue fluctuations year-over-year (e.g., $27,211 in 2014 to $387 in 2020).
- Expenses exceeded revenue in multiple past periods (e.g., 2021, 2020, 2019, 2017), leading to asset depletion.
Strengths
The following positive indicators were identified for Guy Daniels Memorial Foundation:
- Consistent reporting of zero liabilities across all filings.
- Zero officer compensation reported for all periods, indicating resources are not used for executive salaries.
- Positive net income in the most recent filing period (2023: Revenue $9,559, Expenses $1,250).
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Guy Daniels Memorial Foundation
Is Guy Daniels Memorial Foundation a legitimate charity?
Guy Daniels Memorial Foundation (EIN: 208687570) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $13K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Guy Daniels Memorial Foundation spend its money?
Guy Daniels Memorial Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Guy Daniels Memorial Foundation tax-deductible?
Guy Daniels Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 208687570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Guy Daniels Memorial Foundation's spending goes to programs?
Guy Daniels Memorial Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Guy Daniels Memorial Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Guy Daniels Memorial Foundation is above average for NTEE category W99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Guy Daniels Memorial Foundation located?
Guy Daniels Memorial Foundation is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 208687570. It is classified under NTEE code W99.
How many years of IRS 990 filings does Guy Daniels Memorial Foundation have?
Guy Daniels Memorial Foundation has 11 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 $13K in total revenue.
How does the Guy Daniels Memorial Foundation fund its operations given the fluctuating revenue?
The foundation primarily relies on its annual revenue, which has varied significantly over the years (e.g., $27,211 in 2014 vs. $387 in 2020). The positive net income in recent years (e.g., $8,309 in 2023) helps to build assets and provide a buffer for future operations.
What specific programs does the Guy Daniels Memorial Foundation support?
The provided IRS 990 data does not detail specific programs. To understand the programs, one would need to review the full 990 forms or the organization's website, if available.
Is the Guy Daniels Memorial Foundation financially stable?
While the foundation has maintained zero liabilities and grown assets in some periods (e.g., from $14,030 in 2022 to $22,339 in 2023), its revenue has been inconsistent, and expenses have exceeded revenue in several past years (e.g., 2021, 2020, 2019, 2017). This indicates a degree of financial volatility, though recent trends are positive.
Filing History
IRS 990 filing history for Guy Daniels Memorial Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Guy Daniels Memorial Foundation's revenue has declined by 60.1%, moving from $24K to $10K. Total assets decreased by 7.7% over the same period, from $24K to $22K. Total functional expenses fell by 95.1%, from $25K to $1K. In its most recent filing year (2023), Guy Daniels Memorial Foundation reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $1K | $22K | $0 | — | View 990 |
| 2022 | $9K | $5K | $14K | $0 | — | View 990 |
| 2021 | $8K | $13K | $11K | $0 | — | — |
| 2020 | $387 | $6K | $15K | $0 | — | — |
| 2019 | $16K | $18K | $21K | $0 | — | View 990 |
| 2018 | $26K | $22K | $23K | $0 | — | View 990 |
| 2017 | $18K | $28K | $20K | $0 | — | View 990 |
| 2016 | $27K | $24K | $30K | $0 | — | View 990 |
| 2015 | $24K | $22K | $27K | $0 | — | View 990 |
| 2014 | $27K | $26K | $25K | $0 | — | View 990 |
| 2013 | $24K | $25K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $1K, and assets of $22K (revenue +8.6% year-over-year).
- 2022: Revenue of $9K, expenses of $5K, and assets of $14K (revenue +5.3% year-over-year).
- 2021: Revenue of $8K, expenses of $13K, and assets of $11K (revenue +2059.2% year-over-year).
- 2020: Revenue of $387, expenses of $6K, and assets of $15K (revenue -97.6% year-over-year).
- 2019: Revenue of $16K, expenses of $18K, and assets of $21K (revenue -37.8% year-over-year).
- 2018: Revenue of $26K, expenses of $22K, and assets of $23K (revenue +43.2% year-over-year).
- 2017: Revenue of $18K, expenses of $28K, and assets of $20K (revenue -34.1% year-over-year).
- 2016: Revenue of $27K, expenses of $24K, and assets of $30K (revenue +13.6% year-over-year).
- 2015: Revenue of $24K, expenses of $22K, and assets of $27K (revenue -12.5% year-over-year).
- 2014: Revenue of $27K, expenses of $26K, and assets of $25K (revenue +13.5% year-over-year).
- 2013: Revenue of $24K, expenses of $25K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guy Daniels Memorial Foundation:
Data Sources and Methodology
This transparency report for Guy Daniels Memorial 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.