South Carolina Association Of Tourism
EIN: 571041094 · Florence, SC
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $138K |
| Net Assets | $33K |
Is South Carolina Association Of Tourism Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Carolina Association Of Tourism
South Carolina Association Of Tourism (EIN: 571041094) is a nonprofit organization based in Florence, SC. The organization reported total revenue of $121K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Association Of Tourism's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Association Of Tourism is a small nonprofit that has been operating for 30 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $138K |
| Surplus / Deficit | $-9,245 |
| Total Assets | $33K |
| Net Assets | $33K |
| Operating Margin | -7.2% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2023, South Carolina Association Of Tourism reported a deficit of $9K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), South Carolina Association Of Tourism's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.2% | +86.9% | -21.7% |
| 2022 | +43.2% | +62.3% | +13.4% |
| 2021 | -52.2% | -69.8% | +34.3% |
| 2020 | +7.2% | +164.8% | -55.8% |
| 2019 | +77.4% | -11.4% | +400.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Carolina Association Of Tourism 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 South Carolina Association Of Tourism 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 $9K, with expenses exceeding revenue.
Frequently Asked Questions about South Carolina Association Of Tourism
Is South Carolina Association Of Tourism a legitimate charity?
South Carolina Association Of Tourism (EIN: 571041094) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: C.
How does South Carolina Association Of Tourism spend its money?
South Carolina Association Of Tourism reported $121K 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 South Carolina Association Of Tourism tax-deductible?
South Carolina Association Of Tourism is registered as a tax-exempt nonprofit (EIN: 571041094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Carolina Association Of Tourism located?
South Carolina Association Of Tourism is headquartered in Florence, South Carolina and files with the IRS under EIN 571041094.
How many years of IRS 990 filings does South Carolina Association Of Tourism have?
South Carolina Association Of Tourism 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 $121K in total revenue.
Filing History
IRS 990 filing history for South Carolina Association Of Tourism showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), South Carolina Association Of Tourism's revenue has grown by 34.6%, moving from $96K to $129K. Total assets decreased by 37.7% over the same period, from $54K to $33K. Total functional expenses rose by 218.8%, from $43K to $138K. In its most recent filing year (2023), South Carolina Association Of Tourism reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $138K | $33K | $0 | — | — |
| 2022 | $79K | $74K | $43K | $0 | — | View 990 |
| 2021 | $55K | $45K | $38K | $0 | — | — |
| 2020 | $115K | $150K | $28K | $0 | — | View 990 |
| 2019 | $107K | $57K | $63K | $0 | — | View 990 |
| 2018 | $61K | $64K | $13K | $0 | — | View 990 |
| 2017 | $55K | $47K | $16K | $0 | — | View 990 |
| 2016 | $69K | $114K | $8K | $0 | — | View 990 |
| 2015 | $96K | $43K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $138K, and assets of $33K (revenue +63.2% year-over-year).
- 2022: Revenue of $79K, expenses of $74K, and assets of $43K (revenue +43.2% year-over-year).
- 2021: Revenue of $55K, expenses of $45K, and assets of $38K (revenue -52.2% year-over-year).
- 2020: Revenue of $115K, expenses of $150K, and assets of $28K (revenue +7.2% year-over-year).
- 2019: Revenue of $107K, expenses of $57K, and assets of $63K (revenue +77.4% year-over-year).
- 2018: Revenue of $61K, expenses of $64K, and assets of $13K (revenue +10.0% year-over-year).
- 2017: Revenue of $55K, expenses of $47K, and assets of $16K (revenue -19.9% year-over-year).
- 2016: Revenue of $69K, expenses of $114K, and assets of $8K (revenue -28.1% year-over-year).
- 2015: Revenue of $96K, expenses of $43K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Association Of Tourism:
Data Sources and Methodology
This transparency report for South Carolina Association Of Tourism 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.