South Carolina State University Advancement Foundation Inc
South Carolina State University Advancement Foundation maintains stable assets with fluctuating revenue and no reported officer compensation.
EIN: 203004987 · Columbia, SC · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $7K |
| Program Spending | 70% |
| Net Assets | $299K |
| Transparency Score | 75/100 |
Is South Carolina State University Advancement Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Carolina State University Advancement Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About South Carolina State University Advancement Foundation Inc
South Carolina State University Advancement Foundation Inc (EIN: 203004987) is a nonprofit organization based in Columbia, SC, classified under NTEE code B11. The organization reported total revenue of $135K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina State University Advancement Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina State University Advancement Foundation Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $7K |
| Surplus / Deficit | $-1,165 |
| Total Assets | $299K |
| Net Assets | $299K |
| Operating Margin | -20.3% |
| Months of Reserves | 519.1 months |
Financial Health Grade: B
In 2023, South Carolina State University Advancement Foundation Inc reported a deficit of $1K with expenses exceeding revenue, holds 519.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), South Carolina State University Advancement Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | -3.4% | +4.6% |
| 2022 | +1.7% | -0.6% | -10.8% |
| 2021 | -40.3% | -63.3% | +11.1% |
| 2020 | -53.3% | +191.5% | -2.7% |
| 2019 | -55.6% | +12.8% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 State University Advancement Foundation Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, South Carolina State University Advancement Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through other means not reported on the 990, which is a positive for donor funds.
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 State University Advancement Foundation Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes efficiency assessment difficult
- Significant year-to-year fluctuations in revenue and expenses without clear explanation
Strengths
The following positive indicators were identified for South Carolina State University Advancement Foundation Inc:
- Consistent reporting of 0% officer compensation
- Stable asset base over the past decade
- No reported liabilities in recent fiscal periods
- Consistent IRS 990 filing history demonstrates transparency
Frequently Asked Questions about South Carolina State University Advancement Foundation Inc
Is South Carolina State University Advancement Foundation Inc a legitimate charity?
South Carolina State University Advancement Foundation Inc (EIN: 203004987) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $135K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does South Carolina State University Advancement Foundation Inc spend its money?
South Carolina State University Advancement Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to South Carolina State University Advancement Foundation Inc tax-deductible?
South Carolina State University Advancement Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203004987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South Carolina State University Advancement Foundation Inc's spending goes to programs?
South Carolina State University Advancement Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does South Carolina State University Advancement Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), South Carolina State University Advancement Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Carolina State University Advancement Foundation Inc located?
South Carolina State University Advancement Foundation Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 203004987. It is classified under NTEE code B11.
How many years of IRS 990 filings does South Carolina State University Advancement Foundation Inc have?
South Carolina State University Advancement 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 $135K in total revenue.
Is South Carolina State University Advancement Foundation Inc. a good charity?
Based on the available data, the foundation demonstrates financial stability with consistent assets and no reported liabilities in recent years. The absence of officer compensation is a strong positive. However, without detailed expense breakdowns (program, admin, fundraising), a full assessment of its efficiency in achieving its mission is limited.
How does the organization's revenue compare to its expenses?
Revenue and expenses have varied significantly over the years. For example, in 202306, revenue was $5,742 against expenses of $6,907, indicating a deficit. In contrast, 201806 saw revenue of $43,553 against expenses of $5,954, a substantial surplus. The latest reported revenue is $135,256, but corresponding expenses for this period are not provided in the summary, making a direct comparison difficult for the most recent 'latest revenue' figure.
What is the trend in the organization's assets?
The organization's assets have remained relatively stable, generally fluctuating around $280,000 to $320,000 over the past decade. The latest reported assets are $326,505, which is consistent with its historical range.
Does the organization have any debt?
For the periods 202306, 202206, 202106, 202006, 201906, 201806, and 201406, the organization reported $0 in liabilities. There were liabilities reported in 201706 ($20,000), 201606 ($20,000), and 201506 ($33,876), indicating a past history of some debt, but it appears to be debt-free in recent years.
Filing History
IRS 990 filing history for South Carolina State University Advancement Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), South Carolina State University Advancement Foundation Inc's revenue has declined by 81.3%, moving from $31K to $6K. Total assets increased by 8.9% over the same period, from $274K to $299K. Total functional expenses fell by 97.7%, from $302K to $7K. In its most recent filing year (2023), South Carolina State University Advancement Foundation Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $7K | $299K | $0 | — | — |
| 2022 | $5K | $7K | $286K | $0 | — | View 990 |
| 2021 | $5K | $7K | $320K | $0 | — | — |
| 2020 | $9K | $20K | $288K | $0 | — | View 990 |
| 2019 | $19K | $7K | $296K | $0 | — | View 990 |
| 2018 | $44K | $6K | $287K | $0 | — | View 990 |
| 2017 | $14K | $24K | $280K | $20K | — | View 990 |
| 2016 | $20K | $19K | $279K | $20K | — | View 990 |
| 2015 | $101K | $107K | $313K | $34K | — | View 990 |
| 2014 | $148K | $137K | $304K | $0 | — | View 990 |
| 2013 | $13K | $31K | $268K | $0 | — | View 990 |
| 2012 | $31K | $302K | $274K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $7K, and assets of $299K (revenue +4.6% year-over-year).
- 2022: Revenue of $5K, expenses of $7K, and assets of $286K (revenue +1.7% year-over-year).
- 2021: Revenue of $5K, expenses of $7K, and assets of $320K (revenue -40.3% year-over-year).
- 2020: Revenue of $9K, expenses of $20K, and assets of $288K (revenue -53.3% year-over-year).
- 2019: Revenue of $19K, expenses of $7K, and assets of $296K (revenue -55.6% year-over-year).
- 2018: Revenue of $44K, expenses of $6K, and assets of $287K (revenue +207.2% year-over-year).
- 2017: Revenue of $14K, expenses of $24K, and assets of $280K (revenue -27.8% year-over-year).
- 2016: Revenue of $20K, expenses of $19K, and assets of $279K (revenue -80.5% year-over-year).
- 2015: Revenue of $101K, expenses of $107K, and assets of $313K (revenue -31.7% year-over-year).
- 2014: Revenue of $148K, expenses of $137K, and assets of $304K (revenue +1074.6% year-over-year).
- 2013: Revenue of $13K, expenses of $31K, and assets of $268K (revenue -59.2% year-over-year).
- 2012: Revenue of $31K, expenses of $302K, and assets of $274K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina State University Advancement Foundation Inc:
Data Sources and Methodology
This transparency report for South Carolina State University Advancement 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.