South Carolina Equality Coalition
South Carolina Equality Coalition operates with fluctuating revenue, recurring deficits, and significant liabilities.
EIN: 10712520 · Columbia, SC · NTEE: S21 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $22K |
| Program Spending | 80% |
| Net Assets | $-9,974 |
| Transparency Score | 65/100 |
Is South Carolina Equality Coalition Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Carolina Equality Coalition directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Carolina Equality Coalition
South Carolina Equality Coalition (EIN: 10712520) is a nonprofit organization based in Columbia, SC, classified under NTEE code S21. The organization reported total revenue of $14K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Equality Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Equality Coalition is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $22K |
| Surplus / Deficit | $-8,612 |
| Total Assets | $8K |
| Total Liabilities | $18K |
| Net Assets | $-9,974 |
| Operating Margin | -66.0% |
| Debt-to-Asset Ratio | 224.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2023, South Carolina Equality Coalition reported a deficit of $9K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 224.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Carolina Equality Coalition's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.6% | +1782.3% | +221.3% |
| 2022 | -22.7% | -85.4% | -5.9% |
| 2021 | +21.3% | +26.4% | -64.4% |
| 2020 | -0.2% | -69.7% | +233.6% |
| 2019 | -55.5% | +70.8% | -66.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Equality Coalition with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, South Carolina Equality Coalition allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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.
- Debt-to-asset ratio: 224.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization and efficient use of funds by not allocating resources to paid leadership salaries.
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 Equality Coalition's IRS 990 filings:
- Recurring deficit spending (e.g., 2023 expenses $21,665 vs. revenue $13,053)
- High liabilities relative to assets ($18,000 liabilities vs. $8,026 assets in 2023)
- Significant year-over-year revenue volatility (e.g., $90,040 in 2015 down to $6,257 in 2022)
- Negative net assets in multiple periods due to high liabilities.
Strengths
The following positive indicators were identified for South Carolina Equality Coalition:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds for salaries.
- Long filing history (13 filings) suggests sustained operation despite financial challenges.
- Low administrative overhead due to lack of executive salaries.
Frequently Asked Questions about South Carolina Equality Coalition
Is South Carolina Equality Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina Equality Coalition (EIN: 10712520) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does South Carolina Equality Coalition spend its money?
South Carolina Equality Coalition directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Carolina Equality Coalition tax-deductible?
South Carolina Equality Coalition is registered as a tax-exempt nonprofit (EIN: 10712520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South Carolina Equality Coalition's spending goes to programs?
South Carolina Equality Coalition directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Carolina Equality Coalition compare to similar nonprofits?
With a transparency score of 65/100 (Good), South Carolina Equality Coalition is above average for NTEE category S21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Carolina Equality Coalition located?
South Carolina Equality Coalition is headquartered in Columbia, South Carolina and files with the IRS under EIN 10712520. It is classified under NTEE code S21.
How many years of IRS 990 filings does South Carolina Equality Coalition have?
South Carolina Equality Coalition has 13 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 $14K in total revenue.
How does the organization manage its recurring deficits?
The organization frequently reports expenses exceeding revenue, such as in 2023 ($21,665 expenses vs. $13,053 revenue). This pattern suggests a reliance on past reserves, short-term funding, or incurring liabilities to cover operational costs.
What is the nature of the significant liabilities reported?
In 2023, liabilities were $18,000, significantly higher than assets of $8,026. Understanding the source and terms of these liabilities (e.g., loans, accounts payable) is crucial for assessing financial risk.
What is the organization's strategy for revenue stability?
Revenue has fluctuated significantly, from a high of $90,040 in 2015 to $6,257 in 2022. A clear strategy for consistent and sustainable funding is essential for long-term operations.
How does the organization sustain operations without officer compensation?
The consistent 0% officer compensation suggests a highly volunteer-driven model. It would be beneficial to understand how the organization ensures leadership continuity and operational capacity with unpaid executives.
Filing History
IRS 990 filing history for South Carolina Equality Coalition showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Carolina Equality Coalition's revenue has grown by 23.5%, moving from $11K to $13K. Total assets increased by 150.3% over the same period, from $3K to $8K. Total functional expenses rose by 274.8%, from $6K to $22K. In its most recent filing year (2023), South Carolina Equality Coalition reported a deficit of $9K, with expenses exceeding revenue. The organization holds $18K in liabilities against $8K in assets (debt-to-asset ratio: 224.3%), resulting in net assets of $-9,974.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $22K | $8K | $18K | — | — |
| 2022 | $6K | $1K | $2K | $4K | — | View 990 |
| 2021 | $8K | $8K | $3K | $9K | — | View 990 |
| 2020 | $7K | $6K | $7K | $14K | — | View 990 |
| 2019 | $7K | $21K | $2K | $9K | — | View 990 |
| 2018 | $15K | $12K | $7K | $0 | — | View 990 |
| 2017 | $13K | $28K | $4K | $0 | — | View 990 |
| 2016 | $9K | $44K | $19K | $0 | — | View 990 |
| 2015 | $90K | $32K | $54K | $0 | — | View 990 |
| 2014 | $22K | $10K | $10K | $14K | — | View 990 |
| 2013 | $26K | $21K | $10K | $25K | — | View 990 |
| 2012 | $10K | $9K | $2K | $21K | — | View 990 |
| 2011 | $11K | $6K | $3K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $22K, and assets of $8K (revenue +108.6% year-over-year).
- 2022: Revenue of $6K, expenses of $1K, and assets of $2K (revenue -22.7% year-over-year).
- 2021: Revenue of $8K, expenses of $8K, and assets of $3K (revenue +21.3% year-over-year).
- 2020: Revenue of $7K, expenses of $6K, and assets of $7K (revenue -0.2% year-over-year).
- 2019: Revenue of $7K, expenses of $21K, and assets of $2K (revenue -55.5% year-over-year).
- 2018: Revenue of $15K, expenses of $12K, and assets of $7K (revenue +15.6% year-over-year).
- 2017: Revenue of $13K, expenses of $28K, and assets of $4K (revenue +37.0% year-over-year).
- 2016: Revenue of $9K, expenses of $44K, and assets of $19K (revenue -89.5% year-over-year).
- 2015: Revenue of $90K, expenses of $32K, and assets of $54K (revenue +318.4% year-over-year).
- 2014: Revenue of $22K, expenses of $10K, and assets of $10K (revenue -15.9% year-over-year).
- 2013: Revenue of $26K, expenses of $21K, and assets of $10K (revenue +146.7% year-over-year).
- 2012: Revenue of $10K, expenses of $9K, and assets of $2K (revenue -1.8% year-over-year).
- 2011: Revenue of $11K, expenses of $6K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Equality Coalition:
Data Sources and Methodology
This transparency report for South Carolina Equality Coalition 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.