South Carolina Association Of Railroads
South Carolina Association Of Railroads reports a $9,274 deficit in latest filing with no officer compensation.
EIN: 200481613 · Greer, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $71K |
| Program Spending | 80% |
| Net Assets | $28K |
| Transparency Score | 75/100 |
Is South Carolina Association Of Railroads Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Carolina Association Of Railroads directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Carolina Association Of Railroads
South Carolina Association Of Railroads (EIN: 200481613) is a nonprofit organization based in Greer, SC, classified under NTEE code S41. The organization reported total revenue of $40K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Association Of Railroads's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Association Of Railroads is a micro nonprofit that has been operating for 13 years, with 3 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $71K |
| Surplus / Deficit | $-9,274 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -15.1% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, South Carolina Association Of Railroads reported a deficit of $9K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2010–2023), South Carolina Association Of Railroads's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +391.2% | +1085.0% | +18.0% |
| 2011 | +127.3% | +151.3% | +38.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
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 South Carolina Association Of Railroads with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, South Carolina Association Of Railroads allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for an organization of its size.
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 South Carolina Association Of Railroads's IRS 990 filings:
- Experienced a deficit in the latest reporting period (202312) where expenses ($70,674) exceeded revenue ($61,400).
- Limited detailed expense breakdown available in the provided data, making it difficult to fully assess program spending efficiency.
Strengths
The following positive indicators were identified for South Carolina Association Of Railroads:
- Consistently reports 0% officer compensation across all filings, indicating strong financial transparency regarding executive pay.
- Maintains no liabilities across all reported periods, suggesting a healthy balance sheet.
- Assets ($27,655 in 202312) are sufficient to cover current operations despite the recent deficit.
Frequently Asked Questions about South Carolina Association Of Railroads
Is South Carolina Association Of Railroads a legitimate charity?
South Carolina Association Of Railroads (EIN: 200481613) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 3 years of IRS 990 filings on record. Total revenue: $40K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does South Carolina Association Of Railroads spend its money?
South Carolina Association Of Railroads directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to South Carolina Association Of Railroads tax-deductible?
South Carolina Association Of Railroads is registered as a tax-exempt nonprofit (EIN: 200481613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South Carolina Association Of Railroads's spending goes to programs?
South Carolina Association Of Railroads directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Carolina Association Of Railroads compare to similar nonprofits?
With a transparency score of 75/100 (Good), South Carolina Association Of Railroads is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Carolina Association Of Railroads located?
South Carolina Association Of Railroads is headquartered in Greer, South Carolina and files with the IRS under EIN 200481613. It is classified under NTEE code S41.
How many years of IRS 990 filings does South Carolina Association Of Railroads have?
South Carolina Association Of Railroads has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $40K in total revenue.
Is South Carolina Association Of Railroads a good charity?
Based on the available IRS 990 data, the organization demonstrates good financial transparency regarding executive compensation (0%). While it experienced a deficit in its latest period ($9,274), its assets ($27,655) cover its operations, and it has no reported liabilities. The lack of detailed expense breakdowns makes a full assessment of program efficiency difficult, but the absence of officer compensation is a strong positive.
What caused the deficit in the 202312 period?
The IRS 990 data indicates that expenses ($70,674) exceeded revenue ($61,400) in the 202312 period, resulting in a deficit of $9,274. Without a detailed breakdown of expenses, the specific causes (e.g., increased program costs, administrative overhead, or one-time expenditures) cannot be determined from the provided filings.
Filing History
IRS 990 filing history for South Carolina Association Of Railroads showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2010–2023), South Carolina Association Of Railroads's revenue has grown by 1016.4%, moving from $6K to $61K. Total assets increased by 63.5% over the same period, from $17K to $28K. Total functional expenses rose by 2878.3%, from $2K to $71K. In its most recent filing year (2023), South Carolina Association Of Railroads reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $71K | $28K | $0 | — | — |
| 2011 | $13K | $6K | $23K | $0 | — | View 990 |
| 2010 | $6K | $2K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $71K, and assets of $28K (revenue +391.2% year-over-year).
- 2011: Revenue of $13K, expenses of $6K, and assets of $23K (revenue +127.3% year-over-year).
- 2010: Revenue of $6K, expenses of $2K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Association Of Railroads:
Data Sources and Methodology
This transparency report for South Carolina Association Of Railroads 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.