Intertech Group Foundation Inc
Intertech Group Foundation Inc. maintains substantial assets despite volatile revenue and minimal recent expenses.
EIN: 201473099 · N Charleston, SC · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $18K |
| Program Spending | 85% |
| Net Assets | $1.6M |
| Transparency Score | 70/100 |
Is Intertech Group Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Intertech Group Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Intertech Group Foundation Inc
Intertech Group Foundation Inc (EIN: 201473099) is a nonprofit organization based in N Charleston, SC, classified under NTEE code T21. The organization reported total revenue of $69K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intertech Group Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intertech Group Foundation Inc is a micro nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $18K |
| Surplus / Deficit | +$35K |
| Total Assets | $1.6M |
| Total Liabilities | $19K |
| Net Assets | $1.6M |
| Operating Margin | 66.0% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 1070.2 months |
Financial Health Grade: A
In 2022, Intertech Group Foundation Inc reported a surplus of $35K with revenue exceeding expenses, holds 1070.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Intertech Group Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -193.6% | -92.0% | +27.9% |
| 2020 | -44.7% | +118.6% | -13.7% |
| 2019 | -48.3% | -89.2% | -16.2% |
| 2015 | -48.4% | +20.1% | -22.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Intertech Group Foundation Inc 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: 85%
- fundraising: 0%
According to IRS 990 filings, Intertech Group Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving salaries from the organization. This is a strong positive for a nonprofit of its size, ensuring that all operational expenses are directed elsewhere.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Intertech Group Foundation Inc's IRS 990 filings:
- Highly volatile revenue, including negative revenue in 2021 ($-26,916), indicating inconsistent funding or significant investment losses.
- Relatively low expenses compared to substantial assets, suggesting potentially limited active programmatic engagement in recent years.
Strengths
The following positive indicators were identified for Intertech Group Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating excellent financial stewardship regarding executive pay.
- Maintains a substantial asset base ($1,800,360), providing financial stability.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Intertech Group Foundation Inc
Is Intertech Group Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Intertech Group Foundation Inc (EIN: 201473099) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Intertech Group Foundation Inc spend its money?
Intertech Group Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Intertech Group Foundation Inc tax-deductible?
Intertech Group Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201473099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Intertech Group Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Intertech Group Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Intertech Group Foundation Inc located?
Intertech Group Foundation Inc is headquartered in N Charleston, South Carolina and files with the IRS under EIN 201473099. It is classified under NTEE code T21.
How many years of IRS 990 filings does Intertech Group Foundation Inc have?
Intertech Group Foundation Inc has 9 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 $69K in total revenue.
What are the primary sources of Intertech Group Foundation Inc.'s revenue, given its volatility?
The provided data shows significant fluctuations, including negative revenue in 2021, suggesting a reliance on investment income or specific, irregular grants rather than consistent operational funding.
What specific programs or activities does Intertech Group Foundation Inc. fund or operate?
The low and sometimes negative revenue, coupled with relatively low expenses in recent years (e.g., $17,935 in 2022), suggests either very limited programmatic activity or a focus on grantmaking rather than direct service provision. More detailed program expense information would be needed to fully answer this.
How does Intertech Group Foundation Inc. manage its substantial assets of $1,800,360?
With significant assets and fluctuating revenue, the organization likely relies on investment management. The asset base provides a strong financial cushion, but its utilization for mission-related activities isn't fully clear from the provided data.
Filing History
IRS 990 filing history for Intertech Group Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Intertech Group Foundation Inc's revenue has declined by 79.1%, moving from $253K to $53K. Total assets decreased by 24.8% over the same period, from $2.1M to $1.6M. Total functional expenses fell by 82.5%, from $102K to $18K. In its most recent filing year (2022), Intertech Group Foundation Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $19K in liabilities against $1.6M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $53K | $18K | $1.6M | $19K | — | — |
| 2021 | $-26,916 | $7K | $1.6M | $8K | — | — |
| 2020 | $29K | $91K | $1.3M | $10K | — | — |
| 2019 | $52K | $42K | $1.5M | $2K | — | View 990 |
| 2015 | $100K | $388K | $1.8M | $1 | — | View 990 |
| 2014 | $195K | $323K | $2.3M | $400 | — | View 990 |
| 2013 | $204K | $290K | $2.4M | $2K | — | View 990 |
| 2012 | $318K | $129K | $2.4M | $258 | — | View 990 |
| 2011 | $253K | $102K | $2.1M | $63 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $53K, expenses of $18K, and assets of $1.6M.
- 2021: Revenue of $-26,916, expenses of $7K, and assets of $1.6M (revenue -193.6% year-over-year).
- 2020: Revenue of $29K, expenses of $91K, and assets of $1.3M (revenue -44.7% year-over-year).
- 2019: Revenue of $52K, expenses of $42K, and assets of $1.5M (revenue -48.3% year-over-year).
- 2015: Revenue of $100K, expenses of $388K, and assets of $1.8M (revenue -48.4% year-over-year).
- 2014: Revenue of $195K, expenses of $323K, and assets of $2.3M (revenue -4.5% year-over-year).
- 2013: Revenue of $204K, expenses of $290K, and assets of $2.4M (revenue -35.9% year-over-year).
- 2012: Revenue of $318K, expenses of $129K, and assets of $2.4M (revenue +25.7% year-over-year).
- 2011: Revenue of $253K, expenses of $102K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intertech Group Foundation Inc:
Data Sources and Methodology
This transparency report for Intertech Group Foundation Inc 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.