Mike Gallagher Show Charitable Foundation
Mike Gallagher Show Charitable Foundation faces declining assets and persistent operating deficits.
EIN: 201263764 · Taylors, SC · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $202K |
| Program Spending | 70% |
| Net Assets | $108K |
| Transparency Score | 45/100 |
Search Intent Cockpit
Mike Gallagher Show Charitable Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mike Gallagher Show Charitable Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mike Gallagher Show Charitable Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $84K and expenses of $202K.
Revenue and Expenses
Mike Gallagher Show Charitable Foundation reported $84K in revenue and $202K in expenses, a deficit of $118K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is Mike Gallagher Show Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $141K (70%) |
Across stored filings, Mike Gallagher Show Charitable Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Sigma Delta Pi | South Carolina and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Sigma Delta Pi →All South Carolina nonprofits
All Philanthropy
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Taylors, SC nonprofitsPhilanthropy in South Carolina
Public Benefit in South Carolina
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Philanthropy spending
Best Philanthropy charities in South Carolina
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
The Ano Charitable Foundation Trust
Okatie, SC · $1.1M revenue · Score 85/100
Compare side-by-sideCenter For Scholarship Administration Inc
Taylors, SC · $1.1M revenue · Score 95/100
Compare side-by-sideSigma Delta Pi
Charleston, SC · $162K revenue · Score 95/100
Compare side-by-sideGreg Mathis Charter High School
N Charleston, SC · $1.6M revenue · Score 92/100
Compare side-by-sideBrowse the full Philanthropy peer market in South Carolina →
Next Best Actions
Keep the Investigation Moving
Mike Gallagher Show Charitable Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mike Gallagher Show Charitable Foundation
Mike Gallagher Show Charitable Foundation (EIN: 201263764) is a nonprofit organization based in Taylors, SC, classified under NTEE code T30. The organization reported total revenue of $55K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mike Gallagher Show Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mike Gallagher Show Charitable Foundation is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $202K |
| Surplus / Deficit | $-118,061 |
| Total Assets | $193K |
| Total Liabilities | $85K |
| Net Assets | $108K |
| Operating Margin | -140.5% |
| Debt-to-Asset Ratio | 44.1% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2023, Mike Gallagher Show Charitable Foundation reported a deficit of $118K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 44.1% (moderate leverage).
Financial Trends
Over 11 years of filings (2012–2023), Mike Gallagher Show Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.0% | +5.4% | -15.8% |
| 2022 | -64.0% | -2.5% | -41.9% |
| 2021 | +168.7% | +12.4% | -6.6% |
| 2020 | -86.7% | -64.3% | -21.6% |
| 2019 | +18.4% | +25.3% | -13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mike Gallagher Show Charitable 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, Mike Gallagher Show Charitable 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 $118K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is a strong positive for transparency and efficient use of funds for an organization of its size.
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 Mike Gallagher Show Charitable Foundation's IRS 990 filings:
- Persistent operating deficits (e.g., $118,061 loss in 2023, $138,871 loss in 2022)
- Significant decline in assets over recent years (from $665,977 in 2017 to $192,717 in 2023)
- Substantial increase in liabilities in 2023 ($84,976)
- Revenue volatility (e.g., $672,812 in 2017 vs. $54,600 latest revenue)
Strengths
The following positive indicators were identified for Mike Gallagher Show Charitable Foundation:
- 0% officer compensation reported across all filings, indicating no executive salaries.
- Long filing history (11 filings), suggesting consistent reporting.
Frequently Asked Questions about Mike Gallagher Show Charitable Foundation
Is Mike Gallagher Show Charitable Foundation a legitimate charity?
Mike Gallagher Show Charitable Foundation (EIN: 201263764) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 45/100. It has 11 years of IRS 990 filings on record. Total revenue: $55K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Mike Gallagher Show Charitable Foundation spend its money?
Mike Gallagher Show Charitable Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mike Gallagher Show Charitable Foundation tax-deductible?
Mike Gallagher Show Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201263764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mike Gallagher Show Charitable Foundation's spending goes to programs?
Mike Gallagher Show Charitable Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mike Gallagher Show Charitable Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Mike Gallagher Show Charitable Foundation is near average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mike Gallagher Show Charitable Foundation located?
Mike Gallagher Show Charitable Foundation is headquartered in Taylors, South Carolina and files with the IRS under EIN 201263764. It is classified under NTEE code T30.
How many years of IRS 990 filings does Mike Gallagher Show Charitable Foundation have?
Mike Gallagher Show Charitable Foundation has 11 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 $55K in total revenue.
Is the Mike Gallagher Show Charitable Foundation financially sustainable?
Based on recent filings, the foundation has consistently spent more than it has earned, leading to a significant decline in assets from $665,977 in 2017 to $192,717 in 2023. This trend suggests a lack of financial sustainability.
What caused the substantial increase in liabilities in 2023?
Liabilities jumped from $3,122 in 2022 to $84,976 in 2023. The provided data does not specify the nature of these liabilities, but such a significant increase warrants further investigation into the organization's financial obligations.
How does the organization plan to address its operating deficits?
With expenses consistently exceeding revenue (e.g., $202,069 expenses vs. $84,008 revenue in 2023), the organization needs a clear strategy to either increase income or reduce spending to ensure long-term viability.
Filing History
IRS 990 filing history for Mike Gallagher Show Charitable Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Mike Gallagher Show Charitable Foundation's revenue has declined by 76.9%, moving from $364K to $84K. Total assets increased by 108.4% over the same period, from $92K to $193K. Total functional expenses fell by 67.5%, from $621K to $202K. In its most recent filing year (2023), Mike Gallagher Show Charitable Foundation reported a deficit of $118K, with expenses exceeding revenue. The organization holds $85K in liabilities against $193K in assets (debt-to-asset ratio: 44.1%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $202K | $193K | $85K | — | — |
| 2022 | $53K | $192K | $229K | $3K | — | View 990 |
| 2021 | $147K | $197K | $394K | $29K | — | — |
| 2020 | $55K | $175K | $422K | $7K | — | View 990 |
| 2019 | $411K | $490K | $538K | $3K | — | View 990 |
| 2018 | $347K | $391K | $623K | $9K | — | View 990 |
| 2017 | $673K | $436K | $666K | $9K | — | View 990 |
| 2016 | $446K | $353K | $439K | $19K | — | View 990 |
| 2015 | $359K | $366K | $343K | $16K | — | View 990 |
| 2013 | $265K | $244K | $112K | $0 | — | View 990 |
| 2012 | $364K | $621K | $92K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $202K, and assets of $193K (revenue +59.0% year-over-year).
- 2022: Revenue of $53K, expenses of $192K, and assets of $229K (revenue -64.0% year-over-year).
- 2021: Revenue of $147K, expenses of $197K, and assets of $394K (revenue +168.7% year-over-year).
- 2020: Revenue of $55K, expenses of $175K, and assets of $422K (revenue -86.7% year-over-year).
- 2019: Revenue of $411K, expenses of $490K, and assets of $538K (revenue +18.4% year-over-year).
- 2018: Revenue of $347K, expenses of $391K, and assets of $623K (revenue -48.4% year-over-year).
- 2017: Revenue of $673K, expenses of $436K, and assets of $666K (revenue +51.0% year-over-year).
- 2016: Revenue of $446K, expenses of $353K, and assets of $439K (revenue +24.1% year-over-year).
- 2015: Revenue of $359K, expenses of $366K, and assets of $343K (revenue +35.4% year-over-year).
- 2013: Revenue of $265K, expenses of $244K, and assets of $112K (revenue -27.2% year-over-year).
- 2012: Revenue of $364K, expenses of $621K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mike Gallagher Show Charitable Foundation:
Data Sources and Methodology
This transparency report for Mike Gallagher Show Charitable 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.