Shem Creek Fisheries
EIN: 454200605 · Mt Pleasant, SC · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $16K |
| Net Assets | $1 |
Is Shem Creek Fisheries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shem Creek Fisheries
Shem Creek Fisheries (EIN: 454200605) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code P12. The organization reported total revenue of $17K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shem Creek Fisheries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shem Creek Fisheries is a micro nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $16K |
| Surplus / Deficit | $-3,576 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -27.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2021, Shem Creek Fisheries reported a deficit of $4K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2012–2021), Shem Creek Fisheries's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +944.3% | +352.6% | -100.0% |
| 2020 | -90.2% | -84.1% | -21.7% |
| 2019 | -24.0% | +275.4% | -64.6% |
| 2018 | -44.8% | -79.1% | +179.8% |
| 2017 | -9.7% | -44.0% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shem Creek Fisheries 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 Shem Creek Fisheries 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Shem Creek Fisheries
Is Shem Creek Fisheries a legitimate charity?
Shem Creek Fisheries (EIN: 454200605) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: C.
How does Shem Creek Fisheries spend its money?
Shem Creek Fisheries reported $17K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shem Creek Fisheries tax-deductible?
Shem Creek Fisheries is registered as a tax-exempt nonprofit (EIN: 454200605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shem Creek Fisheries located?
Shem Creek Fisheries is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 454200605. It is classified under NTEE code P12.
How many years of IRS 990 filings does Shem Creek Fisheries have?
Shem Creek Fisheries has 9 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 $17K in total revenue.
Filing History
IRS 990 filing history for Shem Creek Fisheries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2021), Shem Creek Fisheries's revenue has grown by 14.9%, moving from $11K to $13K. Total assets decreased by 100% over the same period, from $7K to $1. Total functional expenses rose by 282.4%, from $4K to $16K. In its most recent filing year (2021), Shem Creek Fisheries reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $13K | $16K | $1 | $0 | — | — |
| 2020 | $1K | $4K | $4K | $3K | — | — |
| 2019 | $12K | $23K | $6K | $0 | — | View 990 |
| 2018 | $16K | $6K | $16K | $0 | — | View 990 |
| 2017 | $30K | $29K | $6K | $0 | — | — |
| 2016 | $33K | $52K | $5K | $0 | — | View 990 |
| 2015 | $33K | $11K | $24K | $0 | — | View 990 |
| 2013 | $5K | $8K | $4K | $0 | — | View 990 |
| 2012 | $11K | $4K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $13K, expenses of $16K, and assets of $1 (revenue +944.3% year-over-year).
- 2020: Revenue of $1K, expenses of $4K, and assets of $4K (revenue -90.2% year-over-year).
- 2019: Revenue of $12K, expenses of $23K, and assets of $6K (revenue -24.0% year-over-year).
- 2018: Revenue of $16K, expenses of $6K, and assets of $16K (revenue -44.8% year-over-year).
- 2017: Revenue of $30K, expenses of $29K, and assets of $6K (revenue -9.7% year-over-year).
- 2016: Revenue of $33K, expenses of $52K, and assets of $5K (revenue +0.9% year-over-year).
- 2015: Revenue of $33K, expenses of $11K, and assets of $24K (revenue +594.2% year-over-year).
- 2013: Revenue of $5K, expenses of $8K, and assets of $4K (revenue -58.0% year-over-year).
- 2012: Revenue of $11K, expenses of $4K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shem Creek Fisheries:
Data Sources and Methodology
This transparency report for Shem Creek Fisheries 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.