South Carolina Downtown Development Association Inc
EIN: 570756647 · Columbia, SC · NTEE: S31B
Is South Carolina Downtown Development Association Inc 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 Downtown Development Association Inc
South Carolina Downtown Development Association Inc (EIN: 570756647) is a nonprofit organization based in Columbia, SC, classified under NTEE code S31B. The organization reported total revenue of $345K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Downtown Development Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Downtown Development Association Inc is a small nonprofit that has been operating for 42 years.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $16K |
| Surplus / Deficit | +$7K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 30.6% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2021, South Carolina Downtown Development Association Inc reported a surplus of $7K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Carolina Downtown Development Association Inc 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 Downtown Development Association Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about South Carolina Downtown Development Association Inc
Is South Carolina Downtown Development Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina Downtown Development Association Inc (EIN: 570756647) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Carolina Downtown Development Association Inc spend its money?
Detailed spending breakdown data is not yet available for South Carolina Downtown Development Association Inc. Check back for updated IRS 990 analysis.
Are donations to South Carolina Downtown Development Association Inc tax-deductible?
South Carolina Downtown Development Association Inc is registered as a tax-exempt nonprofit (EIN: 570756647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for South Carolina Downtown Development Association Inc showing financial trends over 1 year of public records:
In its most recent filing year (2021), South Carolina Downtown Development Association Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $23K | $16K | $11K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Downtown Development Association Inc:
Data Sources and Methodology
This transparency report for South Carolina Downtown Development Association 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.