Second Indianhead Division Assn Inc Scholarship And Memorial Foundati
EIN: 472434277 · Columbia, SC · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $708 |
| Total Expenses | $70K |
| Net Assets | $23K |
Is Second Indianhead Division Assn Inc Scholarship And Memorial Foundati Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Second Indianhead Division Assn Inc Scholarship And Memorial Foundati
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati (EIN: 472434277) is a nonprofit organization based in Columbia, SC, classified under NTEE code B82. The organization reported total revenue of $708 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Indianhead Division Assn Inc Scholarship And Memorial Foundati's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -26.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $70K |
| Surplus / Deficit | $-49,067 |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | -236.5% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2023, Second Indianhead Division Assn Inc Scholarship And Memorial Foundati reported a deficit of $49K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2015–2023), Second Indianhead Division Assn Inc Scholarship And Memorial Foundati's revenue has declined at a compound annual growth rate (CAGR) of -26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -121.2% | -91.0% | -7.8% |
| 2021 | +623.2% | +1292.6% | -4.2% |
| 2020 | -52.3% | -39.8% | +1.5% |
| 2020 | +110.3% | -65.1% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Second Indianhead Division Assn Inc Scholarship And Memorial Foundati 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 Second Indianhead Division Assn Inc Scholarship And Memorial Foundati 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 deficit of $49K, with expenses exceeding revenue.
Frequently Asked Questions about Second Indianhead Division Assn Inc Scholarship And Memorial Foundati
Is Second Indianhead Division Assn Inc Scholarship And Memorial Foundati a legitimate charity?
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati (EIN: 472434277) is a registered tax-exempt nonprofit based in South Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $708. No red flags identified. Financial health grade: B.
How does Second Indianhead Division Assn Inc Scholarship And Memorial Foundati spend its money?
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati reported $708 in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Second Indianhead Division Assn Inc Scholarship And Memorial Foundati tax-deductible?
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati is registered as a tax-exempt nonprofit (EIN: 472434277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second Indianhead Division Assn Inc Scholarship And Memorial Foundati located?
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati is headquartered in Columbia, South Carolina and files with the IRS under EIN 472434277. It is classified under NTEE code B82.
How many years of IRS 990 filings does Second Indianhead Division Assn Inc Scholarship And Memorial Foundati have?
Second Indianhead Division Assn Inc Scholarship And Memorial Foundati has 10 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 $708 in total revenue.
Filing History
IRS 990 filing history for Second Indianhead Division Assn Inc Scholarship And Memorial Foundati showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2023), Second Indianhead Division Assn Inc Scholarship And Memorial Foundati's revenue has declined by 91.3%, moving from $238K to $21K. Total assets decreased by 87% over the same period, from $177K to $23K. Total functional expenses rose by 14.7%, from $61K to $70K. In its most recent filing year (2023), Second Indianhead Division Assn Inc Scholarship And Memorial Foundati reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $70K | $23K | $0 | — | View 990 |
| 2022 | $-10,721 | $8K | $221K | $0 | — | — |
| 2021 | $51K | $90K | $240K | $0 | — | — |
| 2020 | $7K | $6K | $251K | $0 | — | View 990 |
| 2020 | $15K | $11K | $247K | $0 | — | View 990 |
| 2019 | $7K | $31K | $241K | $0 | — | View 990 |
| 2018 | $13K | $19K | $260K | $0 | — | — |
| 2017 | $27K | $10K | $257K | $0 | — | View 990 |
| 2016 | $83K | $24K | $236K | $0 | — | View 990 |
| 2015 | $238K | $61K | $177K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $70K, and assets of $23K.
- 2022: Revenue of $-10,721, expenses of $8K, and assets of $221K (revenue -121.2% year-over-year).
- 2021: Revenue of $51K, expenses of $90K, and assets of $240K (revenue +623.2% year-over-year).
- 2020: Revenue of $7K, expenses of $6K, and assets of $251K (revenue -52.3% year-over-year).
- 2020: Revenue of $15K, expenses of $11K, and assets of $247K (revenue +110.3% year-over-year).
- 2019: Revenue of $7K, expenses of $31K, and assets of $241K (revenue -45.8% year-over-year).
- 2018: Revenue of $13K, expenses of $19K, and assets of $260K (revenue -52.2% year-over-year).
- 2017: Revenue of $27K, expenses of $10K, and assets of $257K (revenue -67.7% year-over-year).
- 2016: Revenue of $83K, expenses of $24K, and assets of $236K (revenue -65.0% year-over-year).
- 2015: Revenue of $238K, expenses of $61K, and assets of $177K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Indianhead Division Assn Inc Scholarship And Memorial Foundati:
Data Sources and Methodology
This transparency report for Second Indianhead Division Assn Inc Scholarship And Memorial Foundati 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.