Reserve At Lake Keowee Community Foundation

Reserve At Lake Keowee Community Foundation maintains stable assets and no executive compensation.

EIN: 201118597 · Sunset, SC · NTEE: S20 · Updated: 2026-03-28

$276KRevenue

$490KAssets

90/100Mission Score (Excellent)

S20

About Reserve At Lake Keowee Community Foundation

Reserve At Lake Keowee Community Foundation (EIN: 201118597) is a nonprofit organization based in Sunset, SC, classified under NTEE code S20. The organization reported total revenue of $276K and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reserve At Lake Keowee Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Reserve At Lake Keowee Community Foundation demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past few years. For instance, in 2023, revenue was $199,390 against expenses of $225,962, indicating a slight deficit. However, in 2021, the organization reported a surplus with $281,867 in revenue and $238,704 in expenses. The organization's assets have shown growth over time, from $208,835 in 2014 to $456,421 in 2023, suggesting sound financial management and asset accumulation. Liabilities have remained relatively low and manageable, peaking at $34,987 in 2022.

Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a significant positive indicator for donor confidence. While specific program spending percentages are not detailed in the provided summary, the absence of executive compensation suggests that a substantial portion of funds is likely directed towards the organization's mission. The foundation's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency and regulatory compliance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Reserve At Lake Keowee Community Foundation with a Mission Score of 90 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: 90%
fundraising: 0%

According to IRS 990 filings, Reserve At Lake Keowee Community Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for donor trust and resource allocation.

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.

Strengths

The following positive indicators were identified for Reserve At Lake Keowee Community Foundation:

Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission.
Steady growth in assets over the past decade, from $208,835 in 2014 to $456,421 in 2023.
Low and manageable liabilities, demonstrating sound financial management.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Positive revenue trends over the long term, showing consistent fundraising ability.

Frequently Asked Questions about Reserve At Lake Keowee Community Foundation

Is Reserve At Lake Keowee Community Foundation financially stable?

Yes, the foundation appears financially stable, with growing assets from $208,835 in 2014 to $456,421 in 2023, and manageable liabilities. While some years show a slight operating deficit (e.g., 2023 with $199,390 revenue vs. $225,962 expenses), overall asset growth suggests long-term stability.

How does the organization manage its administrative costs?

The organization demonstrates excellent control over administrative costs, particularly by reporting 0% officer compensation across all filings, suggesting a very lean operational structure.

What is the trend in the organization's revenue?

Revenue has fluctuated but shown an overall upward trend over the long term, from $53,886 in 2014 to $199,390 in 2023, with a peak of $281,867 in 2021. This indicates a healthy ability to attract funding.

Filing History

IRS 990 filing history for Reserve At Lake Keowee Community Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Reserve At Lake Keowee Community Foundation's revenue has grown by 312.7%, moving from $48K to $199K. Total assets increased by 70.8% over the same period, from $267K to $456K. Total functional expenses rose by 168.2%, from $84K to $226K. In its most recent filing year (2023), Reserve At Lake Keowee Community Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $19K in liabilities against $456K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $438K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$199K	$226K	$456K	$19K	—	View 990
2022	$205K	$224K	$499K	$35K	—	View 990
2021	$282K	$239K	$503K	$19K	—	View 990
2020	$236K	$89K	$446K	$5K	—	—
2019	$75K	$95K	$305K	$12K	—	View 990
2018	$118K	$83K	$325K	$8K	—	View 990
2017	$104K	$57K	$284K	$4K	—	View 990
2016	$50K	$46K	$233K	$50	—	View 990
2015	$66K	$46K	$243K	$14K	—	View 990
2014	$54K	$85K	$209K	$0	—	View 990
2013	$86K	$77K	$240K	$0	—	View 990
2012	$48K	$85K	$230K	$0	—	View 990
2011	$48K	$84K	$267K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $199K, expenses of $226K, and assets of $456K (revenue -2.5% year-over-year).
2022: Revenue of $205K, expenses of $224K, and assets of $499K (revenue -27.4% year-over-year).
2021: Revenue of $282K, expenses of $239K, and assets of $503K (revenue +19.4% year-over-year).
2020: Revenue of $236K, expenses of $89K, and assets of $446K (revenue +214.9% year-over-year).
2019: Revenue of $75K, expenses of $95K, and assets of $305K (revenue -36.7% year-over-year).
2018: Revenue of $118K, expenses of $83K, and assets of $325K (revenue +13.7% year-over-year).
2017: Revenue of $104K, expenses of $57K, and assets of $284K (revenue +106.9% year-over-year).
2016: Revenue of $50K, expenses of $46K, and assets of $233K (revenue -23.3% year-over-year).
2015: Revenue of $66K, expenses of $46K, and assets of $243K (revenue +21.8% year-over-year).
2014: Revenue of $54K, expenses of $85K, and assets of $209K (revenue -37.4% year-over-year).
2013: Revenue of $86K, expenses of $77K, and assets of $240K (revenue +80.1% year-over-year).
2012: Revenue of $48K, expenses of $85K, and assets of $230K (revenue -1.1% year-over-year).
2011: Revenue of $48K, expenses of $84K, and assets of $267K.

Data Sources and Methodology

This transparency report for Reserve At Lake Keowee Community 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.