Hanahan Athletic Booster Club

Hanahan Athletic Booster Club shows strong asset growth and zero liabilities, with volunteer leadership.

EIN: 202922117 · Hanahan, SC · NTEE: O50 · Updated: 2026-03-28

$501KRevenue

$322KAssets

85/100Mission Score (Excellent)

O50

About Hanahan Athletic Booster Club

Hanahan Athletic Booster Club (EIN: 202922117) is a nonprofit organization based in Hanahan, SC, classified under NTEE code O50. The organization reported total revenue of $501K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hanahan Athletic Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Hanahan Athletic Booster Club demonstrates a generally healthy financial position, with consistent growth in revenue and assets over the past decade. In the most recent filing (202406), the organization reported revenues of $333,407 against expenses of $376,580, indicating a deficit for that period. However, this follows several years of revenue exceeding expenses, contributing to a substantial increase in assets from $59,779 in 2015 to $264,986 in 2024. The club's liabilities consistently remain at $0, which is a strong indicator of financial stability and responsible management, as it suggests no outstanding debts.

The organization's spending efficiency appears to be focused on its program services, as is typical for booster clubs directly supporting athletic programs. The absence of reported officer compensation across all filings is a significant positive for transparency and efficiency, indicating that leadership is likely volunteer-based, which maximizes funds available for programs. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the lack of officer compensation suggests a lean operational structure.

Overall, the Hanahan Athletic Booster Club exhibits good financial health and a strong commitment to its mission, evidenced by asset growth and zero liabilities. The consistent filing of IRS 990s over 13 periods also points to a commitment to transparency. The recent deficit in 202406 warrants monitoring but does not overshadow the overall positive trend.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hanahan Athletic Booster Club with a Mission Score of 85 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, Hanahan Athletic Booster Club 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, 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.

Red Flags

The following concerns were identified during AI analysis of Hanahan Athletic Booster Club's IRS 990 filings:

Expenses exceeded revenue in the 202406 period ($376,580 expenses vs. $333,407 revenue), resulting in a deficit for that year.

Strengths

The following positive indicators were identified for Hanahan Athletic Booster Club:

Consistent asset growth over the past decade, from $59,779 in 2015 to $264,986 in 2024.
Zero liabilities reported across all 13 filings, indicating strong financial stability.
0% officer compensation across all filings, demonstrating volunteer leadership and efficient use of funds.
Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Significant revenue growth over time, suggesting increasing community support for its mission.

Frequently Asked Questions about Hanahan Athletic Booster Club

Is Hanahan Athletic Booster Club a good charity?

Based on the provided data, the Hanahan Athletic Booster Club appears to be a good charity. It demonstrates strong financial health with growing assets ($264,986 in 2024), zero liabilities, and a history of volunteer leadership (0% officer compensation).

How has the organization's revenue trended over time?

The organization's revenue has shown significant growth, increasing from $91,225 in 2015 to $333,407 in 2024, with a peak of $500,945 in the latest reported revenue, indicating increasing community support.

What is the organization's approach to executive compensation?

The Hanahan Athletic Booster Club has consistently reported 0% officer compensation across all 13 filings, indicating that its leadership serves on a volunteer basis, which is a strong positive for resource allocation to its mission.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all available filings, indicating a very healthy financial position with no outstanding debt.

Filing History

IRS 990 filing history for Hanahan Athletic Booster Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Hanahan Athletic Booster Club's revenue has grown by 85.5%, moving from $180K to $333K. Total assets increased by 174.9% over the same period, from $96K to $265K. Total functional expenses rose by 118.8%, from $172K to $377K. In its most recent filing year (2024), Hanahan Athletic Booster Club reported a deficit of $43K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$333K	$377K	$265K	$0	—	—
2023	$219K	$191K	$308K	$0	—	View 990
2022	$233K	$150K	$280K	$0	—	View 990
2021	$191K	$86K	$196K	$0	—	View 990
2020	$141K	$162K	$92K	$0	—	View 990
2019	$208K	$178K	$112K	$0	—	View 990
2018	$94K	$101K	$82K	$0	—	—
2017	$107K	$94K	$90K	$0	—	View 990
2016	$146K	$130K	$77K	$0	—	View 990
2015	$91K	$90K	$60K	$0	—	View 990
2014	$147K	$213K	$41K	$0	—	View 990
2013	$180K	$170K	$106K	$0	—	View 990
2012	$180K	$172K	$96K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $333K, expenses of $377K, and assets of $265K (revenue +52.0% year-over-year).
2023: Revenue of $219K, expenses of $191K, and assets of $308K (revenue -6.0% year-over-year).
2022: Revenue of $233K, expenses of $150K, and assets of $280K (revenue +22.2% year-over-year).
2021: Revenue of $191K, expenses of $86K, and assets of $196K (revenue +35.2% year-over-year).
2020: Revenue of $141K, expenses of $162K, and assets of $92K (revenue -31.9% year-over-year).
2019: Revenue of $208K, expenses of $178K, and assets of $112K (revenue +120.5% year-over-year).
2018: Revenue of $94K, expenses of $101K, and assets of $82K (revenue -12.2% year-over-year).
2017: Revenue of $107K, expenses of $94K, and assets of $90K (revenue -26.8% year-over-year).
2016: Revenue of $146K, expenses of $130K, and assets of $77K (revenue +60.6% year-over-year).
2015: Revenue of $91K, expenses of $90K, and assets of $60K (revenue -38.1% year-over-year).
2014: Revenue of $147K, expenses of $213K, and assets of $41K (revenue -18.2% year-over-year).
2013: Revenue of $180K, expenses of $170K, and assets of $106K (revenue +0.2% year-over-year).
2012: Revenue of $180K, expenses of $172K, and assets of $96K.

Data Sources and Methodology

This transparency report for Hanahan Athletic Booster Club 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.