New Directions Ofhorry County
New Directions Ofhorry County consistently maintains financial surpluses and grows assets with no reported officer compensation.
EIN: 201831970 · Myrtle Beach, SC · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $3.3M |
| Transparency Score | 88/100 |
Is New Directions Ofhorry County Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Directions Ofhorry County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Directions Ofhorry County
New Directions Ofhorry County (EIN: 201831970) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code P20. The organization reported total revenue of $1.3M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Directions Ofhorry County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Directions Ofhorry County is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$259K |
| Total Assets | $4.3M |
| Total Liabilities | $939K |
| Net Assets | $3.3M |
| Operating Margin | 16.6% |
| Debt-to-Asset Ratio | 22.1% |
| Months of Reserves | 39.2 months |
Financial Health Grade: A
In 2023, New Directions Ofhorry County reported a surplus of $259K with revenue exceeding expenses, holds 39.2 months of operating reserves (strong position), has a debt-to-asset ratio of 22.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Directions Ofhorry County's revenue has grown at a compound annual growth rate (CAGR) of 28.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -2.1% | +5.8% |
| 2022 | -14.3% | +6.5% | +4.6% |
| 2021 | +60.0% | +24.9% | +23.6% |
| 2020 | +13.0% | +4.4% | +15.1% |
| 2019 | -7.0% | +7.2% | +2.5% |
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 New Directions Ofhorry County with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Directions Ofhorry County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $259K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, which is highly unusual for an organization with over $1 million in annual revenue and $4 million in assets. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which would require deeper scrutiny for full transparency.
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 New Directions Ofhorry County's IRS 990 filings:
- Consistent 0% reported officer compensation, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for New Directions Ofhorry County:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., 2023: Revenue $1,560,203 vs. Expenses $1,301,102).
- Strong and consistent asset growth over the past decade, from $1,570,961 in 2014 to $4,250,546 in 2023.
- Healthy asset-to-liability ratio, indicating strong financial stability (e.g., 2023: Assets $4,250,546 vs. Liabilities $939,060).
- Long history of IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance and transparency.
- Operational efficiency, consistently spending less than revenue, allowing for reinvestment and growth.
Frequently Asked Questions about New Directions Ofhorry County
Is New Directions Ofhorry County a legitimate charity?
New Directions Ofhorry County (EIN: 201831970) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does New Directions Ofhorry County spend its money?
New Directions Ofhorry County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Directions Ofhorry County tax-deductible?
New Directions Ofhorry County is registered as a tax-exempt nonprofit (EIN: 201831970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Directions Ofhorry County CEO make?
New Directions Ofhorry County's highest-compensated officer earns $1 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Directions Ofhorry County's spending goes to programs?
New Directions Ofhorry County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Directions Ofhorry County compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), New Directions Ofhorry County is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Directions Ofhorry County located?
New Directions Ofhorry County is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 201831970. It is classified under NTEE code P20.
How many years of IRS 990 filings does New Directions Ofhorry County have?
New Directions Ofhorry County 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 $1.3M in total revenue.
How does New Directions Ofhorry County manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is a significant anomaly for an organization of this size. It suggests either a fully volunteer-led executive team or that executive compensation is included within other expense categories, which would require reviewing the full 990 forms for detailed functional expense breakdowns.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To determine these ratios, a review of the full IRS 990 forms, specifically Part IX (Statement of Functional Expenses), would be necessary.
Is the organization's asset growth sustainable?
Yes, the organization has shown consistent asset growth, from $1,570,961 in 2014 to $4,250,546 in 2023. This growth is supported by consistent annual surpluses (revenue exceeding expenses), indicating a sustainable financial model.
What is the primary source of the organization's revenue?
The provided data only shows total revenue. To identify the primary sources (e.g., contributions, program service revenue, grants), a detailed review of the full IRS 990 forms, specifically Part VIII (Statement of Revenue), would be required.
Filing History
IRS 990 filing history for New Directions Ofhorry County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Directions Ofhorry County's revenue has grown by 1979.3%, moving from $75K to $1.6M. Total assets increased by 785% over the same period, from $480K to $4.3M. Total functional expenses rose by 2046%, from $61K to $1.3M. In its most recent filing year (2023), New Directions Ofhorry County reported a surplus of $259K, with revenue exceeding expenses. The organization holds $939K in liabilities against $4.3M in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.3M | $4.3M | $939K | — | View 990 |
| 2022 | $1.6M | $1.3M | $4.0M | $966K | — | View 990 |
| 2021 | $1.9M | $1.2M | $3.8M | $1.1M | — | View 990 |
| 2020 | $1.2M | $1000K | $3.1M | $1.2M | — | View 990 |
| 2019 | $1.0M | $958K | $2.7M | $944K | — | View 990 |
| 2018 | $1.1M | $893K | $2.6M | $949K | — | View 990 |
| 2017 | $825K | $786K | $2.4M | $962K | — | View 990 |
| 2016 | $1.4M | $838K | $2.6M | $1.1M | — | View 990 |
| 2015 | $641K | $686K | $1.6M | $697K | — | View 990 |
| 2014 | $691K | $638K | $1.6M | $626K | — | View 990 |
| 2013 | $38K | $77K | $474K | $331K | — | View 990 |
| 2012 | $99K | $66K | $514K | $331K | — | View 990 |
| 2011 | $75K | $61K | $480K | $331K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.3M, and assets of $4.3M (revenue -2.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.3M, and assets of $4.0M (revenue -14.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.2M, and assets of $3.8M (revenue +60.0% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1000K, and assets of $3.1M (revenue +13.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $958K, and assets of $2.7M (revenue -7.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $893K, and assets of $2.6M (revenue +34.2% year-over-year).
- 2017: Revenue of $825K, expenses of $786K, and assets of $2.4M (revenue -39.8% year-over-year).
- 2016: Revenue of $1.4M, expenses of $838K, and assets of $2.6M (revenue +113.6% year-over-year).
- 2015: Revenue of $641K, expenses of $686K, and assets of $1.6M (revenue -7.2% year-over-year).
- 2014: Revenue of $691K, expenses of $638K, and assets of $1.6M (revenue +1742.1% year-over-year).
- 2013: Revenue of $38K, expenses of $77K, and assets of $474K (revenue -62.3% year-over-year).
- 2012: Revenue of $99K, expenses of $66K, and assets of $514K (revenue +32.5% year-over-year).
- 2011: Revenue of $75K, expenses of $61K, and assets of $480K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Directions Ofhorry County:
Data Sources and Methodology
This transparency report for New Directions Ofhorry County 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.