Sc Manufacturers Alliance Group Ins Tr
EIN: 846406275 · Columbia, SC · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $4.5M |
| Net Assets | $184K |
Is Sc Manufacturers Alliance Group Ins Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sc Manufacturers Alliance Group Ins Tr
Sc Manufacturers Alliance Group Ins Tr (EIN: 846406275) is a nonprofit organization based in Columbia, SC, classified under NTEE code Y43. The organization reported total revenue of $5.3M and total assets of $384K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sc Manufacturers Alliance Group Ins Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sc Manufacturers Alliance Group Ins Tr is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 152.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.5M |
| Surplus / Deficit | +$108K |
| Total Assets | $217K |
| Total Liabilities | $33K |
| Net Assets | $184K |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2023, Sc Manufacturers Alliance Group Ins Tr reported a surplus of $108K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Sc Manufacturers Alliance Group Ins Tr's revenue has grown at a compound annual growth rate (CAGR) of 152.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.8% | +80.5% | +169.9% |
| 2022 | +147.0% | +145.1% | +86.7% |
| 2021 | +262.2% | +264.5% | -36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sc Manufacturers Alliance Group Ins Tr 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 Sc Manufacturers Alliance Group Ins Tr 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 $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Frequently Asked Questions about Sc Manufacturers Alliance Group Ins Tr
Is Sc Manufacturers Alliance Group Ins Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Sc Manufacturers Alliance Group Ins Tr (EIN: 846406275) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sc Manufacturers Alliance Group Ins Tr spend its money?
Detailed spending breakdown data is not yet available for Sc Manufacturers Alliance Group Ins Tr. Check back for updated IRS 990 analysis.
Are donations to Sc Manufacturers Alliance Group Ins Tr tax-deductible?
Sc Manufacturers Alliance Group Ins Tr is registered as a tax-exempt nonprofit (EIN: 846406275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sc Manufacturers Alliance Group Ins Tr located?
Sc Manufacturers Alliance Group Ins Tr is headquartered in Columbia, South Carolina and files with the IRS under EIN 846406275. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Sc Manufacturers Alliance Group Ins Tr have?
Sc Manufacturers Alliance Group Ins Tr has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5.3M in total revenue.
Filing History
IRS 990 filing history for Sc Manufacturers Alliance Group Ins Tr showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Sc Manufacturers Alliance Group Ins Tr's revenue has grown by 1517.3%, moving from $288K to $4.7M. Total assets increased by 222.4% over the same period, from $67K to $217K. Total functional expenses rose by 1513.2%, from $282K to $4.5M. In its most recent filing year (2023), Sc Manufacturers Alliance Group Ins Tr reported a surplus of $108K, with revenue exceeding expenses. The organization holds $33K in liabilities against $217K in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.5M | $217K | $33K | — | View 990 |
| 2022 | $2.6M | $2.5M | $80K | $4K | — | View 990 |
| 2021 | $1.0M | $1.0M | $43K | $22K | — | View 990 |
| 2020 | $288K | $282K | $67K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.5M, and assets of $217K (revenue +80.8% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.5M, and assets of $80K (revenue +147.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $43K (revenue +262.2% year-over-year).
- 2020: Revenue of $288K, expenses of $282K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sc Manufacturers Alliance Group Ins Tr:
Data Sources and Methodology
This transparency report for Sc Manufacturers Alliance Group Ins Tr 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.