Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund
Singer Retires Action Committee Fund's assets declined by over 90% in a decade, operating at a significant deficit.
EIN: 133701996 · Greenville, SC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $619K |
| Transparency Score | 30/100 |
Is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund (EIN: 133701996) is a nonprofit organization based in Greenville, SC. The organization reported total revenue of $144K and total assets of $619K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund is a small nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -22.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-858,401 |
| Total Assets | $619K |
| Net Assets | $619K |
| Operating Margin | -597.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2020, Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund reported a deficit of $858K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's revenue has declined at a compound annual growth rate (CAGR) of -22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -67.5% | -16.4% | -58.2% |
| 2019 | +100.1% | -5.6% | -38.0% |
| 2018 | -61.6% | -13.0% | -30.6% |
| 2017 | +10.3% | -6.5% | -20.6% |
| 2016 | -0.5% | -0.7% | -19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $858K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990, which is unusual for an organization with over $1 million in annual expenses in prior years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's IRS 990 filings:
- Consistent and significant operating deficits for over a decade (e.g., $143,775 revenue vs. $1,002,176 expenses in 2020).
- Dramatic decline in assets from $8.8 million in 2011 to $0.6 million in 2020, indicating asset liquidation.
- Revenue has fallen by over 90% from $1.4 million in 2011 to $0.14 million in 2020.
- NTEE code is 'Unknown', limiting understanding of its specific charitable purpose and impact.
Strengths
The following positive indicators were identified for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund:
- Consistent filing of IRS Form 990s for 10 consecutive years, indicating good compliance with reporting requirements.
- No reported officer compensation, suggesting potential for low overhead in leadership costs.
Frequently Asked Questions about Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund
Is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund (EIN: 133701996) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund spend its money?
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund tax-deductible?
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund is registered as a tax-exempt nonprofit (EIN: 133701996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund CEO make?
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's highest-compensated officer earns $1 annually. The organization reported $144K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund located?
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund is headquartered in Greenville, South Carolina and files with the IRS under EIN 133701996.
How many years of IRS 990 filings does Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund have?
Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund 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 $144K in total revenue.
Why have the organization's assets and revenue declined so dramatically over the past decade?
The filings show a consistent trend of expenses exceeding revenue, leading to the depletion of assets. For example, in 2020, revenue was $143,775 while expenses were $1,002,176, resulting in a net loss that drew down assets from $1,478,708 to $618,808.
Is the organization financially sustainable given its current trends?
No, the organization is not financially sustainable. It has consistently operated at a significant deficit for at least the past decade, with expenses far outstripping revenue, leading to a continuous draw-down of its asset base.
What is the specific purpose of this 'Voluntary Emp Bene Assoc Tr Fund' given its NTEE code is unknown?
Without a specific NTEE code or detailed program service accomplishments in the filings, it's difficult to ascertain the precise nature of the 'Voluntary Emp Bene Assoc Tr Fund' beyond its name suggesting employee benefits. This lack of clarity impacts understanding its mission effectiveness.
Filing History
IRS 990 filing history for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's revenue has declined by 89.8%, moving from $1.4M to $144K. Total assets decreased by 93% over the same period, from $8.8M to $619K. Total functional expenses fell by 58.4%, from $2.4M to $1.0M. In its most recent filing year (2020), Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund reported a deficit of $858K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $144K | $1.0M | $619K | $0 | — | — |
| 2019 | $443K | $1.2M | $1.5M | $1K | — | View 990 |
| 2018 | $221K | $1.3M | $2.4M | $849 | — | View 990 |
| 2017 | $576K | $1.5M | $3.4M | $1K | — | View 990 |
| 2016 | $522K | $1.6M | $4.3M | $5K | — | View 990 |
| 2015 | $524K | $1.6M | $5.4M | $8K | — | View 990 |
| 2014 | $963K | $1.8M | $6.4M | $8K | — | View 990 |
| 2013 | $1.4M | $2.0M | $7.3M | $14K | — | View 990 |
| 2012 | $1.4M | $2.2M | $7.9M | $18K | — | View 990 |
| 2011 | $1.4M | $2.4M | $8.8M | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $144K, expenses of $1.0M, and assets of $619K (revenue -67.5% year-over-year).
- 2019: Revenue of $443K, expenses of $1.2M, and assets of $1.5M (revenue +100.1% year-over-year).
- 2018: Revenue of $221K, expenses of $1.3M, and assets of $2.4M (revenue -61.6% year-over-year).
- 2017: Revenue of $576K, expenses of $1.5M, and assets of $3.4M (revenue +10.3% year-over-year).
- 2016: Revenue of $522K, expenses of $1.6M, and assets of $4.3M (revenue -0.5% year-over-year).
- 2015: Revenue of $524K, expenses of $1.6M, and assets of $5.4M (revenue -45.6% year-over-year).
- 2014: Revenue of $963K, expenses of $1.8M, and assets of $6.4M (revenue -31.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $2.0M, and assets of $7.3M (revenue +3.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.2M, and assets of $7.9M (revenue -4.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $2.4M, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund:
Data Sources and Methodology
This transparency report for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund 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.