South Carolina Retail Association
South Carolina Retail Association shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 201926761 · Raleigh, NC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $296K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $491,851, |
| Net Assets | $314K |
| Transparency Score | 75/100 |
Is South Carolina Retail Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Carolina Retail Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Carolina Retail Association
South Carolina Retail Association (EIN: 201926761) is a nonprofit organization based in Raleigh, NC, classified under NTEE code S41. The organization reported total revenue of $492K and total assets of $596K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Retail Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Retail Association is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $296K |
| Surplus / Deficit | +$48K |
| Total Assets | $347K |
| Total Liabilities | $33K |
| Net Assets | $314K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 14.1 months |
Financial Health Grade: A
In 2022, South Carolina Retail Association reported a surplus of $48K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), South Carolina Retail Association's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.3% | +5.0% | +25.1% |
| 2021 | +1.1% | -0.3% | +5.3% |
| 2020 | +5.2% | +5.1% | -0.3% |
| 2019 | -20.5% | -17.3% | -11.8% |
| 2018 | +17.7% | +13.4% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Retail Association with a Mission Score of 75 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: 75%
- fundraising: 10%
According to IRS 990 filings, South Carolina Retail Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either that no officers receive compensation or that compensation is reported under other expense categories. This lack of reported officer compensation is unusual for an organization of its size, with latest revenue of $491,851, and warrants further scrutiny for complete transparency.
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 Retail Association's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin/fundraising)
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if paid as contractors or through other means.
Strengths
The following positive indicators were identified for South Carolina Retail Association:
- Consistent revenue growth over the past decade, from $285,511 in 2013 to $344,172 in 2022.
- Healthy asset accumulation, with assets growing from $213,055 in 2013 to $596,240 currently.
- Strong solvency, with assets significantly exceeding liabilities (e.g., $346,751 assets vs. $33,190 liabilities in 2022).
- Expenses consistently lower than revenue, indicating sound financial management.
Frequently Asked Questions about South Carolina Retail Association
Is South Carolina Retail Association a legitimate charity?
South Carolina Retail Association (EIN: 201926761) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $492K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does South Carolina Retail Association spend its money?
South Carolina Retail Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to South Carolina Retail Association tax-deductible?
South Carolina Retail Association is registered as a tax-exempt nonprofit (EIN: 201926761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Carolina Retail Association CEO make?
South Carolina Retail Association's highest-compensated officer earns $491,851, annually. The organization reported $492K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of South Carolina Retail Association's spending goes to programs?
South Carolina Retail Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Carolina Retail Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), South Carolina Retail Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Carolina Retail Association located?
South Carolina Retail Association is headquartered in Raleigh, North Carolina and files with the IRS under EIN 201926761. It is classified under NTEE code S41.
How many years of IRS 990 filings does South Carolina Retail Association have?
South Carolina Retail Association 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 $492K in total revenue.
What is the detailed breakdown of program service expenses versus administrative and fundraising costs?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to precisely assess spending efficiency in these categories. Further investigation into their full IRS 990 forms would be needed.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization with revenues approaching $500,000. This could mean officers are unpaid volunteers, or their compensation is categorized differently (e.g., as contractor fees) and not reported under 'Officer Comp' on the 990 summary.
How does the organization's program impact align with its financial growth?
While the organization shows strong financial growth, the provided data does not include metrics on program impact or specific achievements. To assess alignment, one would need to review their annual reports or program descriptions.
Filing History
IRS 990 filing history for South Carolina Retail Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), South Carolina Retail Association's revenue has grown by 57.2%, moving from $219K to $344K. Total assets increased by 104.8% over the same period, from $169K to $347K. Total functional expenses rose by 75.7%, from $168K to $296K. In its most recent filing year (2022), South Carolina Retail Association reported a surplus of $48K, with revenue exceeding expenses. The organization holds $33K in liabilities against $347K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $314K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $344K | $296K | $347K | $33K | — | View 990 |
| 2021 | $293K | $282K | $277K | $12K | — | View 990 |
| 2020 | $290K | $282K | $263K | $10K | — | View 990 |
| 2019 | $276K | $269K | $264K | $19K | — | — |
| 2018 | $347K | $325K | $299K | $61K | — | View 990 |
| 2017 | $295K | $286K | $285K | $69K | — | — |
| 2016 | $298K | $278K | $268K | $60K | — | View 990 |
| 2015 | $293K | $287K | $225K | $36K | — | View 990 |
| 2014 | $296K | $279K | $227K | $44K | — | View 990 |
| 2013 | $286K | $265K | $213K | $47K | — | View 990 |
| 2012 | $286K | $267K | $194K | $47K | — | View 990 |
| 2011 | $219K | $168K | $169K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $344K, expenses of $296K, and assets of $347K (revenue +17.3% year-over-year).
- 2021: Revenue of $293K, expenses of $282K, and assets of $277K (revenue +1.1% year-over-year).
- 2020: Revenue of $290K, expenses of $282K, and assets of $263K (revenue +5.2% year-over-year).
- 2019: Revenue of $276K, expenses of $269K, and assets of $264K (revenue -20.5% year-over-year).
- 2018: Revenue of $347K, expenses of $325K, and assets of $299K (revenue +17.7% year-over-year).
- 2017: Revenue of $295K, expenses of $286K, and assets of $285K (revenue -0.9% year-over-year).
- 2016: Revenue of $298K, expenses of $278K, and assets of $268K (revenue +1.7% year-over-year).
- 2015: Revenue of $293K, expenses of $287K, and assets of $225K (revenue -0.9% year-over-year).
- 2014: Revenue of $296K, expenses of $279K, and assets of $227K (revenue +3.5% year-over-year).
- 2013: Revenue of $286K, expenses of $265K, and assets of $213K (revenue -0.1% year-over-year).
- 2012: Revenue of $286K, expenses of $267K, and assets of $194K (revenue +30.5% year-over-year).
- 2011: Revenue of $219K, expenses of $168K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Retail Association:
Data Sources and Methodology
This transparency report for South Carolina Retail Association 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.