Set Free Alliance
EIN: 464741584 · Greenville, SC
| Metric | Value |
|---|---|
| Total Expenses | $3.3M |
| Net Assets | $160K |
Is Set Free Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Set Free Alliance
Set Free Alliance (EIN: 464741584) is a nonprofit organization based in Greenville, SC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Set Free Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Set Free Alliance is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2015–2018). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-296,496 |
| Total Assets | $178K |
| Total Liabilities | $18K |
| Net Assets | $160K |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 10.2% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2018, Set Free Alliance reported a deficit of $296K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 10.2% (very low leverage).
Financial Trends
Over 4 years of filings (2015–2018), Set Free Alliance's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -18.2% | -7.7% | -62.2% |
| 2017 | +0.9% | -9.0% | +27.2% |
| 2016 | +4.1% | +37.0% | -41.4% |
AI Analysis Pending
AI enrichment for Set Free Alliance 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 Set Free Alliance 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $296K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.2%.
Frequently Asked Questions about Set Free Alliance
Is Set Free Alliance a legitimate charity?
Set Free Alliance (EIN: 464741584) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Set Free Alliance spend its money?
Set Free Alliance reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Set Free Alliance tax-deductible?
Set Free Alliance is registered as a tax-exempt nonprofit (EIN: 464741584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Set Free Alliance located?
Set Free Alliance is headquartered in Greenville, South Carolina and files with the IRS under EIN 464741584.
How many years of IRS 990 filings does Set Free Alliance have?
Set Free Alliance has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Set Free Alliance showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2018), Set Free Alliance's revenue has declined by 14.1%, moving from $3.5M to $3.0M. Total assets decreased by 71.8% over the same period, from $632K to $178K. Total functional expenses rose by 15%, from $2.9M to $3.3M. In its most recent filing year (2018), Set Free Alliance reported a deficit of $296K, with expenses exceeding revenue. The organization holds $18K in liabilities against $178K in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3.0M | $3.3M | $178K | $18K | — | View 990 |
| 2017 | $3.7M | $3.6M | $471K | $15K | — | View 990 |
| 2016 | $3.7M | $4.0M | $370K | $13K | — | View 990 |
| 2015 | $3.5M | $2.9M | $632K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3.0M, expenses of $3.3M, and assets of $178K (revenue -18.2% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.6M, and assets of $471K (revenue +0.9% year-over-year).
- 2016: Revenue of $3.7M, expenses of $4.0M, and assets of $370K (revenue +4.1% year-over-year).
- 2015: Revenue of $3.5M, expenses of $2.9M, and assets of $632K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Set Free Alliance:
Data Sources and Methodology
This transparency report for Set Free Alliance 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.