South Carolina Biomass Council
EIN: 261138741 · Columbia, SC · NTEE: C03
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $2K |
| Net Assets | $6K |
Is South Carolina Biomass Council 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 Biomass Council
South Carolina Biomass Council (EIN: 261138741) is a nonprofit organization based in Columbia, SC, classified under NTEE code C03. The organization reported total revenue of $4K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Biomass Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Biomass Council is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $2K |
| Surplus / Deficit | +$758 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | 25.5% |
| Months of Reserves | 32.6 months |
Financial Health Grade: A
In 2020, South Carolina Biomass Council reported a surplus of $758 with revenue exceeding expenses, holds 32.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), South Carolina Biomass Council's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +67.8% | -21.5% | +14.4% |
| 2019 | -41.6% | -28.2% | -16.6% |
| 2018 | -1.5% | +23.9% | -12.4% |
| 2017 | +40.4% | +11.7% | -1.3% |
| 2016 | -21.1% | +1.1% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Carolina Biomass Council 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 Biomass Council 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $758, with revenue exceeding expenses.
Frequently Asked Questions about South Carolina Biomass Council
Is South Carolina Biomass Council a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina Biomass Council (EIN: 261138741) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Carolina Biomass Council spend its money?
Detailed spending breakdown data is not yet available for South Carolina Biomass Council. Check back for updated IRS 990 analysis.
Are donations to South Carolina Biomass Council tax-deductible?
South Carolina Biomass Council is registered as a tax-exempt nonprofit (EIN: 261138741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Carolina Biomass Council located?
South Carolina Biomass Council is headquartered in Columbia, South Carolina and files with the IRS under EIN 261138741. It is classified under NTEE code C03.
How many years of IRS 990 filings does South Carolina Biomass Council have?
South Carolina Biomass Council 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 $4K in total revenue.
Filing History
IRS 990 filing history for South Carolina Biomass Council showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), South Carolina Biomass Council's revenue has declined by 71%, moving from $10K to $3K. Total assets decreased by 69.6% over the same period, from $20K to $6K. Total functional expenses fell by 76.2%, from $9K to $2K. In its most recent filing year (2020), South Carolina Biomass Council reported a surplus of $758, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3K | $2K | $6K | $0 | — | — |
| 2019 | $2K | $3K | $5K | $0 | — | View 990 |
| 2018 | $3K | $4K | $6K | $0 | — | View 990 |
| 2017 | $3K | $3K | $7K | $0 | — | View 990 |
| 2016 | $2K | $3K | $7K | $0 | — | View 990 |
| 2015 | $3K | $3K | $8K | $0 | — | View 990 |
| 2014 | $1K | $5K | $8K | $0 | — | View 990 |
| 2013 | $5K | $8K | $12K | $0 | — | View 990 |
| 2012 | $2K | $7K | $15K | $0 | — | View 990 |
| 2011 | $10K | $9K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3K, expenses of $2K, and assets of $6K (revenue +67.8% year-over-year).
- 2019: Revenue of $2K, expenses of $3K, and assets of $5K (revenue -41.6% year-over-year).
- 2018: Revenue of $3K, expenses of $4K, and assets of $6K (revenue -1.5% year-over-year).
- 2017: Revenue of $3K, expenses of $3K, and assets of $7K (revenue +40.4% year-over-year).
- 2016: Revenue of $2K, expenses of $3K, and assets of $7K (revenue -21.1% year-over-year).
- 2015: Revenue of $3K, expenses of $3K, and assets of $8K (revenue +126.5% year-over-year).
- 2014: Revenue of $1K, expenses of $5K, and assets of $8K (revenue -76.0% year-over-year).
- 2013: Revenue of $5K, expenses of $8K, and assets of $12K (revenue +116.2% year-over-year).
- 2012: Revenue of $2K, expenses of $7K, and assets of $15K (revenue -77.0% year-over-year).
- 2011: Revenue of $10K, expenses of $9K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Biomass Council:
Data Sources and Methodology
This transparency report for South Carolina Biomass Council 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.