Lower Richland Sweet Potato Festival
EIN: 364590724 · Hopkins, SC · NTEE: S200
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $102K |
| Net Assets | $69K |
Is Lower Richland Sweet Potato Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lower Richland Sweet Potato Festival
Lower Richland Sweet Potato Festival (EIN: 364590724) is a nonprofit organization based in Hopkins, SC, classified under NTEE code S200. The organization reported total revenue of $127K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lower Richland Sweet Potato Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lower Richland Sweet Potato Festival is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $102K |
| Surplus / Deficit | $-2,359 |
| Total Assets | $69K |
| Net Assets | $69K |
| Operating Margin | -2.4% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2023, Lower Richland Sweet Potato Festival reported a deficit of $2K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lower Richland Sweet Potato Festival's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.5% | +2.3% | +212.5% |
| 2022 | -20.3% | +18.7% | -57.2% |
| 2021 | +154.9% | +325.8% | +7.9% |
| 2020 | -58.9% | -69.0% | +43.9% |
| 2019 | +18.4% | -1.7% | +149.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lower Richland Sweet Potato Festival 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 Lower Richland Sweet Potato Festival 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 deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Lower Richland Sweet Potato Festival
Is Lower Richland Sweet Potato Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Lower Richland Sweet Potato Festival (EIN: 364590724) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lower Richland Sweet Potato Festival spend its money?
Detailed spending breakdown data is not yet available for Lower Richland Sweet Potato Festival. Check back for updated IRS 990 analysis.
Are donations to Lower Richland Sweet Potato Festival tax-deductible?
Lower Richland Sweet Potato Festival is registered as a tax-exempt nonprofit (EIN: 364590724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lower Richland Sweet Potato Festival located?
Lower Richland Sweet Potato Festival is headquartered in Hopkins, South Carolina and files with the IRS under EIN 364590724. It is classified under NTEE code S200.
How many years of IRS 990 filings does Lower Richland Sweet Potato Festival have?
Lower Richland Sweet Potato Festival has 13 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 $127K in total revenue.
Filing History
IRS 990 filing history for Lower Richland Sweet Potato Festival showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lower Richland Sweet Potato Festival's revenue has grown by 51.4%, moving from $66K to $99K. Total assets increased by 6913800% over the same period, from $1 to $69K. Total functional expenses rose by 10.3%, from $92K to $102K. In its most recent filing year (2023), Lower Richland Sweet Potato Festival reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $102K | $69K | $0 | — | — |
| 2022 | $70K | $99K | $22K | $0 | — | View 990 |
| 2021 | $87K | $84K | $52K | $0 | — | View 990 |
| 2020 | $34K | $20K | $48K | $0 | — | — |
| 2019 | $83K | $63K | $33K | $0 | — | View 990 |
| 2018 | $70K | $64K | $13K | $0 | — | View 990 |
| 2017 | $64K | $58K | $7K | $0 | — | View 990 |
| 2016 | $63K | $68K | $961 | $0 | — | View 990 |
| 2015 | $60K | $62K | $6K | $0 | — | View 990 |
| 2014 | $73K | $69K | $8K | $0 | — | View 990 |
| 2013 | $73K | $71K | $4K | $0 | — | View 990 |
| 2012 | $60K | $60K | $2K | $0 | — | View 990 |
| 2011 | $66K | $92K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $102K, and assets of $69K (revenue +42.5% year-over-year).
- 2022: Revenue of $70K, expenses of $99K, and assets of $22K (revenue -20.3% year-over-year).
- 2021: Revenue of $87K, expenses of $84K, and assets of $52K (revenue +154.9% year-over-year).
- 2020: Revenue of $34K, expenses of $20K, and assets of $48K (revenue -58.9% year-over-year).
- 2019: Revenue of $83K, expenses of $63K, and assets of $33K (revenue +18.4% year-over-year).
- 2018: Revenue of $70K, expenses of $64K, and assets of $13K (revenue +9.5% year-over-year).
- 2017: Revenue of $64K, expenses of $58K, and assets of $7K (revenue +1.7% year-over-year).
- 2016: Revenue of $63K, expenses of $68K, and assets of $961 (revenue +5.3% year-over-year).
- 2015: Revenue of $60K, expenses of $62K, and assets of $6K (revenue -17.5% year-over-year).
- 2014: Revenue of $73K, expenses of $69K, and assets of $8K (revenue -0.3% year-over-year).
- 2013: Revenue of $73K, expenses of $71K, and assets of $4K (revenue +22.5% year-over-year).
- 2012: Revenue of $60K, expenses of $60K, and assets of $2K (revenue -9.1% year-over-year).
- 2011: Revenue of $66K, expenses of $92K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lower Richland Sweet Potato Festival:
Data Sources and Methodology
This transparency report for Lower Richland Sweet Potato Festival 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.