J Calhoun Pruitt Sr Foundation
J Calhoun Pruitt Sr Foundation faces declining assets and consistent operating deficits.
EIN: 206841054 · Anderson, SC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $45K |
| Program Spending | 70% |
| Net Assets | $630K |
| Transparency Score | 45/100 |
Is J Calhoun Pruitt Sr Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J Calhoun Pruitt Sr Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About J Calhoun Pruitt Sr Foundation
J Calhoun Pruitt Sr Foundation (EIN: 206841054) is a nonprofit organization based in Anderson, SC, classified under NTEE code T22. The organization reported total revenue of $147K and total assets of $615K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J Calhoun Pruitt Sr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J Calhoun Pruitt Sr Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $45K |
| Surplus / Deficit | $-35,102 |
| Total Assets | $630K |
| Total Liabilities | $1 |
| Net Assets | $630K |
| Operating Margin | -357.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.4 months |
Financial Health Grade: B
In 2023, J Calhoun Pruitt Sr Foundation reported a deficit of $35K with expenses exceeding revenue, holds 168.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), J Calhoun Pruitt Sr Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -141.4% | -1.7% | -18.2% |
| 2021 | +85.6% | +50.7% | -1.1% |
| 2020 | +86.8% | +4.4% | -2.2% |
| 2019 | -52.8% | -19.2% | -14.2% |
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 J Calhoun Pruitt Sr Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, J Calhoun Pruitt Sr Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that no salaries are paid to officers, which is a positive sign for minimizing administrative overhead in this specific area.
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 J Calhoun Pruitt Sr Foundation's IRS 990 filings:
- Consistent operating deficits (e.g., $9,808 revenue vs. $44,910 expenses in 2023).
- Significant and continuous decline in assets (from $962,811 in 2011 to $630,070 in 2023).
- Negative revenue reported in some periods (e.g., $-41,343 in 2022).
- Expenses frequently exceeding revenue over multiple years.
Strengths
The following positive indicators were identified for J Calhoun Pruitt Sr Foundation:
- Extremely low liabilities (consistently reported as $1).
- 0% officer compensation, indicating no executive salaries.
- Long operating history with 10 filings available.
Frequently Asked Questions about J Calhoun Pruitt Sr Foundation
Is J Calhoun Pruitt Sr Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, J Calhoun Pruitt Sr Foundation (EIN: 206841054) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does J Calhoun Pruitt Sr Foundation spend its money?
J Calhoun Pruitt Sr Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J Calhoun Pruitt Sr Foundation tax-deductible?
J Calhoun Pruitt Sr Foundation is registered as a tax-exempt nonprofit (EIN: 206841054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of J Calhoun Pruitt Sr Foundation's spending goes to programs?
J Calhoun Pruitt Sr Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does J Calhoun Pruitt Sr Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), J Calhoun Pruitt Sr Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is J Calhoun Pruitt Sr Foundation located?
J Calhoun Pruitt Sr Foundation is headquartered in Anderson, South Carolina and files with the IRS under EIN 206841054. It is classified under NTEE code T22.
How many years of IRS 990 filings does J Calhoun Pruitt Sr Foundation have?
J Calhoun Pruitt Sr Foundation has 10 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 $147K in total revenue.
Is the J Calhoun Pruitt Sr Foundation financially sustainable?
Based on the consistent decline in assets from $962,811 in 2011 to $630,070 in 2023 and frequent operating deficits (e.g., $9,808 revenue vs. $44,910 expenses in 2023), the foundation's financial sustainability is questionable without a change in its financial trajectory.
What is causing the significant decline in assets?
The decline in assets appears to be primarily driven by expenses consistently exceeding revenue. For example, in 2022, the foundation had negative revenue of $-41,343 and expenses of $107,042, leading to a substantial draw on its asset base.
How does the foundation cover its operational deficits?
The foundation appears to be covering its operational deficits by liquidating or drawing down its existing assets, as evidenced by the continuous decrease in its total asset value over the past decade.
What is the foundation's strategy to increase revenue or reduce expenses?
The provided data does not detail the foundation's strategies for revenue generation or expense management, but the current trend suggests a need for such strategies to ensure long-term viability.
Filing History
IRS 990 filing history for J Calhoun Pruitt Sr Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J Calhoun Pruitt Sr Foundation's revenue has declined by 64.6%, moving from $28K to $10K. Total assets decreased by 34.6% over the same period, from $963K to $630K. Total functional expenses rose by 10.8%, from $41K to $45K. In its most recent filing year (2023), J Calhoun Pruitt Sr Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $630K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $630K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $45K | $630K | $1 | — | — |
| 2022 | $-41,343 | $107K | $665K | $1 | — | — |
| 2021 | $100K | $109K | $814K | $1 | — | — |
| 2020 | $54K | $72K | $823K | $1 | — | — |
| 2019 | $29K | $69K | $841K | $1 | — | View 990 |
| 2015 | $61K | $86K | $980K | $1 | — | View 990 |
| 2014 | $41K | $72K | $1.0M | $1 | — | View 990 |
| 2013 | $158K | $74K | $1.0M | $1 | — | View 990 |
| 2012 | $41K | $51K | $952K | $1 | — | View 990 |
| 2011 | $28K | $41K | $963K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $45K, and assets of $630K.
- 2022: Revenue of $-41,343, expenses of $107K, and assets of $665K (revenue -141.4% year-over-year).
- 2021: Revenue of $100K, expenses of $109K, and assets of $814K (revenue +85.6% year-over-year).
- 2020: Revenue of $54K, expenses of $72K, and assets of $823K (revenue +86.8% year-over-year).
- 2019: Revenue of $29K, expenses of $69K, and assets of $841K (revenue -52.8% year-over-year).
- 2015: Revenue of $61K, expenses of $86K, and assets of $980K (revenue +48.7% year-over-year).
- 2014: Revenue of $41K, expenses of $72K, and assets of $1.0M (revenue -74.0% year-over-year).
- 2013: Revenue of $158K, expenses of $74K, and assets of $1.0M (revenue +286.5% year-over-year).
- 2012: Revenue of $41K, expenses of $51K, and assets of $952K (revenue +47.5% year-over-year).
- 2011: Revenue of $28K, expenses of $41K, and assets of $963K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J Calhoun Pruitt Sr Foundation:
Data Sources and Methodology
This transparency report for J Calhoun Pruitt Sr 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.