Lake Wylie & Clover Mayday Project
EIN: 454146499 · Lake Wylie, SC · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $105K |
| Net Assets | $186K |
Is Lake Wylie & Clover Mayday Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Wylie & Clover Mayday Project
Lake Wylie & Clover Mayday Project (EIN: 454146499) is a nonprofit organization based in Lake Wylie, SC, classified under NTEE code P30. The organization reported total revenue of $143K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Wylie & Clover Mayday Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Wylie & Clover Mayday Project is a small nonprofit that has been operating for 14 years, with 6 years of IRS 990 filings on record (2017–2022). Revenue has grown at a compound annual rate of 26.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $105K |
| Surplus / Deficit | +$35K |
| Total Assets | $186K |
| Net Assets | $186K |
| Operating Margin | 25.0% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2022, Lake Wylie & Clover Mayday Project reported a surplus of $35K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2017–2022), Lake Wylie & Clover Mayday Project's revenue has grown at a compound annual growth rate (CAGR) of 26.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +20.6% | +52.8% | +23.4% |
| 2021 | +15.8% | +22.5% | +46.2% |
| 2020 | +50.6% | +16.5% | +75.7% |
| 2019 | +50.8% | -9.6% | +46.1% |
| 2018 | +0.1% | +14.2% | -18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Wylie & Clover Mayday Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Wylie & Clover Mayday Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
Frequently Asked Questions about Lake Wylie & Clover Mayday Project
Is Lake Wylie & Clover Mayday Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Wylie & Clover Mayday Project (EIN: 454146499) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Wylie & Clover Mayday Project spend its money?
Detailed spending breakdown data is not yet available for Lake Wylie & Clover Mayday Project. Check back for updated IRS 990 analysis.
Are donations to Lake Wylie & Clover Mayday Project tax-deductible?
Lake Wylie & Clover Mayday Project is registered as a tax-exempt nonprofit (EIN: 454146499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Wylie & Clover Mayday Project located?
Lake Wylie & Clover Mayday Project is headquartered in Lake Wylie, South Carolina and files with the IRS under EIN 454146499. It is classified under NTEE code P30.
How many years of IRS 990 filings does Lake Wylie & Clover Mayday Project have?
Lake Wylie & Clover Mayday Project has 6 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 $143K in total revenue.
Filing History
IRS 990 filing history for Lake Wylie & Clover Mayday Project showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Lake Wylie & Clover Mayday Project's revenue has grown by 217.8%, moving from $44K to $141K. Total assets increased by 277% over the same period, from $49K to $186K. Total functional expenses rose by 125.1%, from $47K to $105K. In its most recent filing year (2022), Lake Wylie & Clover Mayday Project reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $141K | $105K | $186K | $0 | — | View 990 |
| 2021 | $117K | $69K | $150K | $0 | — | View 990 |
| 2020 | $101K | $56K | $103K | $0 | — | View 990 |
| 2019 | $67K | $48K | $59K | $0 | — | View 990 |
| 2018 | $44K | $53K | $40K | $0 | — | View 990 |
| 2017 | $44K | $47K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $141K, expenses of $105K, and assets of $186K (revenue +20.6% year-over-year).
- 2021: Revenue of $117K, expenses of $69K, and assets of $150K (revenue +15.8% year-over-year).
- 2020: Revenue of $101K, expenses of $56K, and assets of $103K (revenue +50.6% year-over-year).
- 2019: Revenue of $67K, expenses of $48K, and assets of $59K (revenue +50.8% year-over-year).
- 2018: Revenue of $44K, expenses of $53K, and assets of $40K (revenue +0.1% year-over-year).
- 2017: Revenue of $44K, expenses of $47K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Wylie & Clover Mayday Project:
Data Sources and Methodology
This transparency report for Lake Wylie & Clover Mayday Project 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.