Loris Historical Society Archives Libraries & Museum
EIN: 822326576 · Loris, SC · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $36K |
| Net Assets | $30K |
Is Loris Historical Society Archives Libraries & Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loris Historical Society Archives Libraries & Museum
Loris Historical Society Archives Libraries & Museum (EIN: 822326576) is a nonprofit organization based in Loris, SC, classified under NTEE code A50. The organization reported total revenue of $242K and total assets of $226K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loris Historical Society Archives Libraries & Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loris Historical Society Archives Libraries & Museum is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 77.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $36K |
| Surplus / Deficit | +$26K |
| Total Assets | $92K |
| Total Liabilities | $62K |
| Net Assets | $30K |
| Operating Margin | 42.5% |
| Debt-to-Asset Ratio | 67.1% |
| Months of Reserves | 31.0 months |
Financial Health Grade: A
In 2023, Loris Historical Society Archives Libraries & Museum reported a surplus of $26K with revenue exceeding expenses, holds 31.0 months of operating reserves (strong position), has a debt-to-asset ratio of 67.1% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Loris Historical Society Archives Libraries & Museum's revenue has grown at a compound annual growth rate (CAGR) of 77.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.1% | -7.1% | +37.0% |
| 2022 | +121.2% | +101.0% | -11.2% |
| 2021 | -54.3% | +8.9% | -8.1% |
| 2020 | +405.4% | +226.9% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Loris Historical Society Archives Libraries & Museum 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 Loris Historical Society Archives Libraries & Museum 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.1%.
Frequently Asked Questions about Loris Historical Society Archives Libraries & Museum
Is Loris Historical Society Archives Libraries & Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Loris Historical Society Archives Libraries & Museum (EIN: 822326576) insufficient data. 0 red flags identified, 0 strengths noted.
How does Loris Historical Society Archives Libraries & Museum spend its money?
Detailed spending breakdown data is not yet available for Loris Historical Society Archives Libraries & Museum. Check back for updated IRS 990 analysis.
Are donations to Loris Historical Society Archives Libraries & Museum tax-deductible?
Loris Historical Society Archives Libraries & Museum is registered as a tax-exempt nonprofit (EIN: 822326576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Loris Historical Society Archives Libraries & Museum located?
Loris Historical Society Archives Libraries & Museum is headquartered in Loris, South Carolina and files with the IRS under EIN 822326576. It is classified under NTEE code A50.
How many years of IRS 990 filings does Loris Historical Society Archives Libraries & Museum have?
Loris Historical Society Archives Libraries & Museum has 5 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 $242K in total revenue.
Filing History
IRS 990 filing history for Loris Historical Society Archives Libraries & Museum showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Loris Historical Society Archives Libraries & Museum's revenue has grown by 891.3%, moving from $6K to $62K. Total assets increased by 31.6% over the same period, from $70K to $92K. Total functional expenses rose by 564.2%, from $5K to $36K. In its most recent filing year (2023), Loris Historical Society Archives Libraries & Museum reported a surplus of $26K, with revenue exceeding expenses. The organization holds $62K in liabilities against $92K in assets (debt-to-asset ratio: 67.1%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $36K | $92K | $62K | — | — |
| 2022 | $32K | $39K | $67K | $63K | — | View 990 |
| 2021 | $14K | $19K | $76K | $65K | — | — |
| 2020 | $32K | $18K | $82K | $67K | — | View 990 |
| 2019 | $6K | $5K | $70K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $36K, and assets of $92K (revenue +94.1% year-over-year).
- 2022: Revenue of $32K, expenses of $39K, and assets of $67K (revenue +121.2% year-over-year).
- 2021: Revenue of $14K, expenses of $19K, and assets of $76K (revenue -54.3% year-over-year).
- 2020: Revenue of $32K, expenses of $18K, and assets of $82K (revenue +405.4% year-over-year).
- 2019: Revenue of $6K, expenses of $5K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loris Historical Society Archives Libraries & Museum:
Data Sources and Methodology
This transparency report for Loris Historical Society Archives Libraries & Museum 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.