Palmetto Regional Volley Ball Association Inc
EIN: 570858188 · Simpsonville, SC
| Metric | Value |
|---|---|
| Total Revenue | $850K |
| Total Expenses | $967K |
| Net Assets | $1.7M |
Is Palmetto Regional Volley Ball Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Palmetto Regional Volley Ball Association Inc
Palmetto Regional Volley Ball Association Inc (EIN: 570858188) is a nonprofit organization based in Simpsonville, SC. The organization reported total revenue of $850K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palmetto Regional Volley Ball Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Palmetto Regional Volley Ball Association Inc is a small nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $967K |
| Surplus / Deficit | +$227K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 19.0% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2023, Palmetto Regional Volley Ball Association Inc reported a surplus of $227K with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Palmetto Regional Volley Ball Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.8% | +32.2% | +15.9% |
| 2022 | +5.9% | +16.4% | +17.4% |
| 2021 | +64.0% | +1.5% | +25.5% |
| 2020 | -43.1% | -18.5% | -8.1% |
| 2019 | +13.9% | +0.0% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Palmetto Regional Volley Ball Association Inc 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 Palmetto Regional Volley Ball Association Inc 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 $227K, with revenue exceeding expenses.
Frequently Asked Questions about Palmetto Regional Volley Ball Association Inc
Is Palmetto Regional Volley Ball Association Inc a legitimate charity?
Palmetto Regional Volley Ball Association Inc (EIN: 570858188) is a registered tax-exempt nonprofit based in South Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $850K. No red flags identified. Financial health grade: A.
How does Palmetto Regional Volley Ball Association Inc spend its money?
Palmetto Regional Volley Ball Association Inc reported $850K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Palmetto Regional Volley Ball Association Inc tax-deductible?
Palmetto Regional Volley Ball Association Inc is registered as a tax-exempt nonprofit (EIN: 570858188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Palmetto Regional Volley Ball Association Inc located?
Palmetto Regional Volley Ball Association Inc is headquartered in Simpsonville, South Carolina and files with the IRS under EIN 570858188.
How many years of IRS 990 filings does Palmetto Regional Volley Ball Association Inc have?
Palmetto Regional Volley Ball Association Inc has 14 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 $850K in total revenue.
Filing History
IRS 990 filing history for Palmetto Regional Volley Ball Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Palmetto Regional Volley Ball Association Inc's revenue has grown by 879.3%, moving from $122K to $1.2M. Total assets increased by 1489.2% over the same period, from $104K to $1.7M. Total functional expenses rose by 661.3%, from $127K to $967K. In its most recent filing year (2023), Palmetto Regional Volley Ball Association Inc reported a surplus of $227K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $967K | $1.7M | $0 | — | — |
| 2022 | $927K | $731K | $1.4M | $0 | — | — |
| 2021 | $875K | $628K | $1.2M | $0 | — | View 990 |
| 2020 | $534K | $619K | $969K | $0 | — | — |
| 2019 | $938K | $760K | $1.1M | $0 | — | View 990 |
| 2018 | $824K | $759K | $876K | $0 | — | View 990 |
| 2017 | $820K | $842K | $812K | $0 | — | View 990 |
| 2016 | $796K | $649K | $836K | $1K | — | View 990 |
| 2015 | $758K | $489K | $688K | $0 | — | View 990 |
| 2014 | $491K | $487K | $419K | $0 | — | View 990 |
| 2013 | $548K | $443K | $414K | $0 | — | — |
| 2012 | $197K | $70K | $309K | $0 | — | View 990 |
| 2011 | $159K | $169K | $181K | $0 | — | View 990 |
| 2010 | $122K | $127K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $967K, and assets of $1.7M (revenue +28.8% year-over-year).
- 2022: Revenue of $927K, expenses of $731K, and assets of $1.4M (revenue +5.9% year-over-year).
- 2021: Revenue of $875K, expenses of $628K, and assets of $1.2M (revenue +64.0% year-over-year).
- 2020: Revenue of $534K, expenses of $619K, and assets of $969K (revenue -43.1% year-over-year).
- 2019: Revenue of $938K, expenses of $760K, and assets of $1.1M (revenue +13.9% year-over-year).
- 2018: Revenue of $824K, expenses of $759K, and assets of $876K (revenue +0.5% year-over-year).
- 2017: Revenue of $820K, expenses of $842K, and assets of $812K (revenue +2.9% year-over-year).
- 2016: Revenue of $796K, expenses of $649K, and assets of $836K (revenue +5.0% year-over-year).
- 2015: Revenue of $758K, expenses of $489K, and assets of $688K (revenue +54.4% year-over-year).
- 2014: Revenue of $491K, expenses of $487K, and assets of $419K (revenue -10.4% year-over-year).
- 2013: Revenue of $548K, expenses of $443K, and assets of $414K (revenue +178.0% year-over-year).
- 2012: Revenue of $197K, expenses of $70K, and assets of $309K (revenue +24.0% year-over-year).
- 2011: Revenue of $159K, expenses of $169K, and assets of $181K (revenue +30.5% year-over-year).
- 2010: Revenue of $122K, expenses of $127K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Palmetto Regional Volley Ball Association Inc:
Data Sources and Methodology
This transparency report for Palmetto Regional Volley Ball Association Inc 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.