South Carolina State Firemens Assoc
EIN: 562254232 · Columbia, SC · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $865K |
| Total Expenses | $39K |
| Net Assets | $167K |
Is South Carolina State Firemens Assoc 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 State Firemens Assoc
South Carolina State Firemens Assoc (EIN: 562254232) is a nonprofit organization based in Columbia, SC, classified under NTEE code B82. The organization reported total revenue of $865K and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina State Firemens Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina State Firemens Assoc is a small nonprofit that has been operating for 25 years, with 16 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 26.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $39K |
| Surplus / Deficit | +$62K |
| Total Assets | $167K |
| Total Liabilities | $27 |
| Net Assets | $167K |
| Operating Margin | 61.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.0 months |
Financial Health Grade: A
In 2023, South Carolina State Firemens Assoc reported a surplus of $62K with revenue exceeding expenses, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 16 years of filings (2010–2023), South Carolina State Firemens Assoc's revenue has grown at a compound annual growth rate (CAGR) of 26.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | -34.3% | +56.1% |
| 2022 | +267.5% | +194.1% | +35.2% |
| 2021 | -44.0% | +15.0% | +4.6% |
| 2020 | -33.8% | -68.4% | +46.2% |
| 2019 | +70.3% | -2.4% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Carolina State Firemens Assoc 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 State Firemens Assoc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about South Carolina State Firemens Assoc
Is South Carolina State Firemens Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Carolina State Firemens Assoc (EIN: 562254232) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Carolina State Firemens Assoc spend its money?
Detailed spending breakdown data is not yet available for South Carolina State Firemens Assoc. Check back for updated IRS 990 analysis.
Are donations to South Carolina State Firemens Assoc tax-deductible?
South Carolina State Firemens Assoc is registered as a tax-exempt nonprofit (EIN: 562254232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Carolina State Firemens Assoc located?
South Carolina State Firemens Assoc is headquartered in Columbia, South Carolina and files with the IRS under EIN 562254232. It is classified under NTEE code B82.
How many years of IRS 990 filings does South Carolina State Firemens Assoc have?
South Carolina State Firemens Assoc has 16 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 $865K in total revenue.
Filing History
IRS 990 filing history for South Carolina State Firemens Assoc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2010–2023), South Carolina State Firemens Assoc's revenue has grown by 2028.5%, moving from $5K to $101K. Total assets increased by 2147.9% over the same period, from $7K to $167K. Total functional expenses rose by 93.8%, from $20K to $39K. In its most recent filing year (2023), South Carolina State Firemens Assoc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $27 in liabilities against $167K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $39K | $167K | $27 | — | — |
| 2022 | $85K | $59K | $107K | $2K | — | View 990 |
| 2021 | $23K | $20K | $79K | $370 | — | View 990 |
| 2020 | $41K | $17K | $76K | $16 | — | View 990 |
| 2019 | $62K | $55K | $52K | $0 | — | View 990 |
| 2018 | $37K | $56K | $44K | $0 | — | View 990 |
| 2017 | $55K | $58K | $64K | $0 | — | View 990 |
| 2016 | $64K | $23K | $69K | $2K | — | View 990 |
| 2015 | $33K | $20K | $25K | $0 | — | View 990 |
| 2014 | $12K | $7K | $13K | $0 | — | View 990 |
| 2014 | $12K | $7K | $13K | $0 | — | — |
| 2013 | $10K | $4K | $7K | $0 | — | View 990 |
| 2013 | $10K | $4K | $7K | $0 | — | — |
| 2012 | $18K | $21K | $4K | $0 | — | — |
| 2011 | $18K | $21K | $4K | $0 | — | View 990 |
| 2010 | $5K | $20K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $39K, and assets of $167K (revenue +18.4% year-over-year).
- 2022: Revenue of $85K, expenses of $59K, and assets of $107K (revenue +267.5% year-over-year).
- 2021: Revenue of $23K, expenses of $20K, and assets of $79K (revenue -44.0% year-over-year).
- 2020: Revenue of $41K, expenses of $17K, and assets of $76K (revenue -33.8% year-over-year).
- 2019: Revenue of $62K, expenses of $55K, and assets of $52K (revenue +70.3% year-over-year).
- 2018: Revenue of $37K, expenses of $56K, and assets of $44K (revenue -33.6% year-over-year).
- 2017: Revenue of $55K, expenses of $58K, and assets of $64K (revenue -13.9% year-over-year).
- 2016: Revenue of $64K, expenses of $23K, and assets of $69K (revenue +93.8% year-over-year).
- 2015: Revenue of $33K, expenses of $20K, and assets of $25K (revenue +171.9% year-over-year).
- 2014: Revenue of $12K, expenses of $7K, and assets of $13K (revenue +0.0% year-over-year).
- 2014: Revenue of $12K, expenses of $7K, and assets of $13K (revenue +16.5% year-over-year).
- 2013: Revenue of $10K, expenses of $4K, and assets of $7K (revenue +0.0% year-over-year).
- 2013: Revenue of $10K, expenses of $4K, and assets of $7K (revenue -40.7% year-over-year).
- 2012: Revenue of $18K, expenses of $21K, and assets of $4K (revenue +0.0% year-over-year).
- 2011: Revenue of $18K, expenses of $21K, and assets of $4K (revenue +272.2% year-over-year).
- 2010: Revenue of $5K, expenses of $20K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina State Firemens Assoc:
Data Sources and Methodology
This transparency report for South Carolina State Firemens Assoc 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.