Seven Mile Community Action Group For Encouragement
EIN: 570965673 · Mt Pleasant, SC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $23K |
| Net Assets | $978K |
Is Seven Mile Community Action Group For Encouragement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seven Mile Community Action Group For Encouragement
Seven Mile Community Action Group For Encouragement (EIN: 570965673) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code S20. The organization reported total revenue of $5K and total assets of $970K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seven Mile Community Action Group For Encouragement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seven Mile Community Action Group For Encouragement is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $23K |
| Surplus / Deficit | $-18,247 |
| Total Assets | $978K |
| Net Assets | $978K |
| Operating Margin | -405.4% |
| Months of Reserves | 515.8 months |
Financial Health Grade: B
In 2023, Seven Mile Community Action Group For Encouragement reported a deficit of $18K with expenses exceeding revenue, holds 515.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Seven Mile Community Action Group For Encouragement's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.9% | -30.2% | -1.8% |
| 2022 | +115.3% | +544.0% | -1.3% |
| 2021 | +438.5% | -37.8% | +0.4% |
| 2020 | -91.2% | -3.7% | -0.6% |
| 2019 | -6.5% | -59.2% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seven Mile Community Action Group For Encouragement 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 Seven Mile Community Action Group For Encouragement 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 $18K, with expenses exceeding revenue.
Frequently Asked Questions about Seven Mile Community Action Group For Encouragement
Is Seven Mile Community Action Group For Encouragement a legitimate charity?
Seven Mile Community Action Group For Encouragement (EIN: 570965673) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: B.
How does Seven Mile Community Action Group For Encouragement spend its money?
Seven Mile Community Action Group For Encouragement reported $5K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Seven Mile Community Action Group For Encouragement tax-deductible?
Seven Mile Community Action Group For Encouragement is registered as a tax-exempt nonprofit (EIN: 570965673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seven Mile Community Action Group For Encouragement located?
Seven Mile Community Action Group For Encouragement is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 570965673. It is classified under NTEE code S20.
How many years of IRS 990 filings does Seven Mile Community Action Group For Encouragement have?
Seven Mile Community Action Group For Encouragement has 12 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 $5K in total revenue.
Filing History
IRS 990 filing history for Seven Mile Community Action Group For Encouragement showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Seven Mile Community Action Group For Encouragement's revenue has grown by 1900.4%, moving from $225 to $5K. Total assets increased by 320.6% over the same period, from $232K to $978K. Total functional expenses rose by 10240%, from $220 to $23K. In its most recent filing year (2023), Seven Mile Community Action Group For Encouragement reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $23K | $978K | $0 | — | — |
| 2022 | $19K | $33K | $996K | $0 | — | View 990 |
| 2021 | $9K | $5K | $1.0M | $0 | — | — |
| 2020 | $2K | $8K | $1.0M | $0 | — | View 990 |
| 2019 | $19K | $8K | $1.0M | $0 | — | View 990 |
| 2018 | $20K | $21K | $1.0M | $0 | — | View 990 |
| 2017 | $6K | $9K | $1.0M | $0 | — | View 990 |
| 2016 | $72K | $14K | $1.0M | $0 | — | View 990 |
| 2015 | $190K | $3K | $946K | $0 | — | View 990 |
| 2014 | $9K | $2K | $758K | $0 | — | View 990 |
| 2013 | $524K | $4K | $755K | $3K | — | View 990 |
| 2012 | $225 | $220 | $232K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $23K, and assets of $978K (revenue -76.9% year-over-year).
- 2022: Revenue of $19K, expenses of $33K, and assets of $996K (revenue +115.3% year-over-year).
- 2021: Revenue of $9K, expenses of $5K, and assets of $1.0M (revenue +438.5% year-over-year).
- 2020: Revenue of $2K, expenses of $8K, and assets of $1.0M (revenue -91.2% year-over-year).
- 2019: Revenue of $19K, expenses of $8K, and assets of $1.0M (revenue -6.5% year-over-year).
- 2018: Revenue of $20K, expenses of $21K, and assets of $1.0M (revenue +236.4% year-over-year).
- 2017: Revenue of $6K, expenses of $9K, and assets of $1.0M (revenue -91.6% year-over-year).
- 2016: Revenue of $72K, expenses of $14K, and assets of $1.0M (revenue -61.9% year-over-year).
- 2015: Revenue of $190K, expenses of $3K, and assets of $946K (revenue +2101.5% year-over-year).
- 2014: Revenue of $9K, expenses of $2K, and assets of $758K (revenue -98.4% year-over-year).
- 2013: Revenue of $524K, expenses of $4K, and assets of $755K (revenue +232669.8% year-over-year).
- 2012: Revenue of $225, expenses of $220, and assets of $232K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seven Mile Community Action Group For Encouragement:
Data Sources and Methodology
This transparency report for Seven Mile Community Action Group For Encouragement 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.