Palmetto State School Counselor Association
EIN: 455268496 · Fort Mill, SC · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $196K |
| Total Expenses | $180K |
| Net Assets | $96K |
Is Palmetto State School Counselor Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Palmetto State School Counselor Association
Palmetto State School Counselor Association (EIN: 455268496) is a nonprofit organization based in Fort Mill, SC, classified under NTEE code B03. The organization reported total revenue of $196K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palmetto State School Counselor Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Palmetto State School Counselor Association is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 78.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $180K |
| Surplus / Deficit | +$13K |
| Total Assets | $97K |
| Total Liabilities | $613 |
| Net Assets | $96K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Palmetto State School Counselor Association reported a surplus of $13K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 7 years of filings (2018–2023), Palmetto State School Counselor Association's revenue has grown at a compound annual growth rate (CAGR) of 78.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +5.3% | +16.3% |
| 2022 | +129.0% | +62.6% | +6.3% |
| 2021 | -57.8% | -35.7% | -31.5% |
| 2020 | -1.2% | +16.7% | -0.7% |
| 2019 | +832.2% | +431.2% | +30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Palmetto State School Counselor Association 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 State School Counselor Association 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Palmetto State School Counselor Association
Is Palmetto State School Counselor Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Palmetto State School Counselor Association (EIN: 455268496) insufficient data. 0 red flags identified, 0 strengths noted.
How does Palmetto State School Counselor Association spend its money?
Detailed spending breakdown data is not yet available for Palmetto State School Counselor Association. Check back for updated IRS 990 analysis.
Are donations to Palmetto State School Counselor Association tax-deductible?
Palmetto State School Counselor Association is registered as a tax-exempt nonprofit (EIN: 455268496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Palmetto State School Counselor Association located?
Palmetto State School Counselor Association is headquartered in Fort Mill, South Carolina and files with the IRS under EIN 455268496. It is classified under NTEE code B03.
How many years of IRS 990 filings does Palmetto State School Counselor Association have?
Palmetto State School Counselor Association has 7 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 $196K in total revenue.
Filing History
IRS 990 filing history for Palmetto State School Counselor Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2023), Palmetto State School Counselor Association's revenue has grown by 1732.2%, moving from $11K to $193K. Total assets increased by 0.2% over the same period, from $97K to $97K. Total functional expenses rose by 4297.6%, from $4K to $180K. In its most recent filing year (2023), Palmetto State School Counselor Association reported a surplus of $13K, with revenue exceeding expenses. The organization holds $613 in liabilities against $97K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $180K | $97K | $613 | — | View 990 |
| 2022 | $159K | $171K | $83K | $0 | — | View 990 |
| 2021 | $69K | $105K | $78K | $0 | — | View 990 |
| 2020 | $164K | $164K | $114K | $0 | — | View 990 |
| 2019 | $166K | $140K | $115K | $1K | — | — |
| 2018 | $18K | $26K | $88K | $0 | — | View 990 |
| 2018 | $11K | $4K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $180K, and assets of $97K (revenue +21.9% year-over-year).
- 2022: Revenue of $159K, expenses of $171K, and assets of $83K (revenue +129.0% year-over-year).
- 2021: Revenue of $69K, expenses of $105K, and assets of $78K (revenue -57.8% year-over-year).
- 2020: Revenue of $164K, expenses of $164K, and assets of $114K (revenue -1.2% year-over-year).
- 2019: Revenue of $166K, expenses of $140K, and assets of $115K (revenue +832.2% year-over-year).
- 2018: Revenue of $18K, expenses of $26K, and assets of $88K (revenue +68.9% year-over-year).
- 2018: Revenue of $11K, expenses of $4K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Palmetto State School Counselor Association:
Data Sources and Methodology
This transparency report for Palmetto State School Counselor Association 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.