South Carolina Cattlemens Foundation Inc
South Carolina Cattlemens Foundation operates with zero executive compensation and consistent asset growth.
EIN: 161771331 · Saluda, SC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $4K |
| Program Spending | 90% |
| Net Assets | $28K |
| Transparency Score | 90/100 |
Is South Carolina Cattlemens Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Carolina Cattlemens Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Carolina Cattlemens Foundation Inc
South Carolina Cattlemens Foundation Inc (EIN: 161771331) is a nonprofit organization based in Saluda, SC, classified under NTEE code B82. The organization reported total revenue of $79K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Cattlemens Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Cattlemens Foundation Inc is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $4K |
| Surplus / Deficit | +$4K |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | 54.4% |
| Months of Reserves | 95.2 months |
Financial Health Grade: A
In 2023, South Carolina Cattlemens Foundation Inc reported a surplus of $4K with revenue exceeding expenses, holds 95.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), South Carolina Cattlemens Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.6% | +12.6% | +22.0% |
| 2022 | -38.6% | -40.1% | +3.6% |
| 2021 | +59.5% | -35.0% | +11.9% |
| 2020 | -53.4% | -46.0% | -13.5% |
| 2019 | -26.1% | -7.3% | -14.8% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Carolina Cattlemens Foundation Inc with a Mission Score of 90 out of 100 (Excellent). 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, South Carolina Cattlemens Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.
Strengths
The following positive indicators were identified for South Carolina Cattlemens Foundation Inc:
- Zero executive compensation, indicating volunteer leadership and efficient use of funds.
- Consistent positive net assets, demonstrating financial stability.
- Low to zero liabilities across all reported periods.
- Regular IRS 990 filings, showing commitment to transparency and compliance.
- Lean operational structure implied by low expenses relative to revenue in recent years.
Frequently Asked Questions about South Carolina Cattlemens Foundation Inc
Is South Carolina Cattlemens Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina Cattlemens Foundation Inc (EIN: 161771331) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does South Carolina Cattlemens Foundation Inc spend its money?
South Carolina Cattlemens Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Carolina Cattlemens Foundation Inc tax-deductible?
South Carolina Cattlemens Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161771331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does South Carolina Cattlemens Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), South Carolina Cattlemens Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Carolina Cattlemens Foundation Inc located?
South Carolina Cattlemens Foundation Inc is headquartered in Saluda, South Carolina and files with the IRS under EIN 161771331. It is classified under NTEE code B82.
How many years of IRS 990 filings does South Carolina Cattlemens Foundation Inc have?
South Carolina Cattlemens Foundation Inc has 12 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 $79K in total revenue.
Is South Carolina Cattlemens Foundation Inc a good charity?
Based on the available financial data, the South Carolina Cattlemens Foundation Inc appears to be a good charity. It consistently reports zero officer compensation, indicating that all funds are directed towards its mission and operational costs. Its assets consistently exceed liabilities, and it maintains a lean financial structure.
How does the organization manage its finances given its small revenue?
The organization manages its finances prudently, consistently spending less than or close to its revenue in most years, leading to a steady accumulation of assets. For example, in 2023, revenue was $7,859 and expenses were $3,582, resulting in a surplus. Liabilities are consistently low or zero, demonstrating responsible financial stewardship.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the past few years, from $20,093 in 2020 to $28,411 in 2023, and a latest reported asset value of $53,546. This indicates financial stability and growth.
Filing History
IRS 990 filing history for South Carolina Cattlemens Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), South Carolina Cattlemens Foundation Inc's revenue has grown by 1.9%, moving from $8K to $8K. Total assets increased by 63.7% over the same period, from $17K to $28K. Total functional expenses rose by 42.1%, from $3K to $4K. In its most recent filing year (2023), South Carolina Cattlemens Foundation Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $4K | $28K | $0 | — | — |
| 2022 | $5K | $3K | $23K | $0 | — | View 990 |
| 2021 | $8K | $5K | $22K | $0 | — | — |
| 2020 | $5K | $8K | $20K | $314 | — | View 990 |
| 2019 | $11K | $15K | $23K | $314 | — | View 990 |
| 2018 | $15K | $16K | $27K | $0 | — | View 990 |
| 2017 | $9K | $13K | $29K | $0 | — | View 990 |
| 2016 | $6K | $7K | $33K | $0 | — | View 990 |
| 2015 | $10K | $3K | $34K | $0 | — | View 990 |
| 2014 | $7K | $2K | $27K | $0 | — | View 990 |
| 2013 | $7K | $3K | $22K | $0 | — | View 990 |
| 2012 | $8K | $3K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $4K, and assets of $28K (revenue +59.6% year-over-year).
- 2022: Revenue of $5K, expenses of $3K, and assets of $23K (revenue -38.6% year-over-year).
- 2021: Revenue of $8K, expenses of $5K, and assets of $22K (revenue +59.5% year-over-year).
- 2020: Revenue of $5K, expenses of $8K, and assets of $20K (revenue -53.4% year-over-year).
- 2019: Revenue of $11K, expenses of $15K, and assets of $23K (revenue -26.1% year-over-year).
- 2018: Revenue of $15K, expenses of $16K, and assets of $27K (revenue +60.1% year-over-year).
- 2017: Revenue of $9K, expenses of $13K, and assets of $29K (revenue +43.7% year-over-year).
- 2016: Revenue of $6K, expenses of $7K, and assets of $33K (revenue -34.2% year-over-year).
- 2015: Revenue of $10K, expenses of $3K, and assets of $34K (revenue +35.7% year-over-year).
- 2014: Revenue of $7K, expenses of $2K, and assets of $27K (revenue -2.5% year-over-year).
- 2013: Revenue of $7K, expenses of $3K, and assets of $22K (revenue -5.7% year-over-year).
- 2012: Revenue of $8K, expenses of $3K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Cattlemens Foundation Inc:
Data Sources and Methodology
This transparency report for South Carolina Cattlemens Foundation Inc 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.