Southern Gospel Promoters Association
EIN: 873617558 · Duncan, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $11K |
| Net Assets | $12K |
Is Southern Gospel Promoters Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Gospel Promoters Association
Southern Gospel Promoters Association (EIN: 873617558) is a nonprofit organization based in Duncan, SC, classified under NTEE code X20. The organization reported total revenue of $20K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Gospel Promoters Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Gospel Promoters Association is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $11K |
| Surplus / Deficit | +$524 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 4.5% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Southern Gospel Promoters Association reported a surplus of $524 with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Southern Gospel Promoters Association's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.8% | +28.4% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Gospel Promoters Association 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 Southern Gospel Promoters Association 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 $524, with revenue exceeding expenses.
Frequently Asked Questions about Southern Gospel Promoters Association
Is Southern Gospel Promoters Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Gospel Promoters Association (EIN: 873617558) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southern Gospel Promoters Association spend its money?
Detailed spending breakdown data is not yet available for Southern Gospel Promoters Association. Check back for updated IRS 990 analysis.
Are donations to Southern Gospel Promoters Association tax-deductible?
Southern Gospel Promoters Association is registered as a tax-exempt nonprofit (EIN: 873617558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Gospel Promoters Association located?
Southern Gospel Promoters Association is headquartered in Duncan, South Carolina and files with the IRS under EIN 873617558. It is classified under NTEE code X20.
How many years of IRS 990 filings does Southern Gospel Promoters Association have?
Southern Gospel Promoters Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $20K in total revenue.
Filing History
IRS 990 filing history for Southern Gospel Promoters Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Southern Gospel Promoters Association's revenue has declined by 26.8%, moving from $16K to $12K. Total assets increased by 4.6% over the same period, from $11K to $12K. Total functional expenses rose by 28.4%, from $9K to $11K. In its most recent filing year (2023), Southern Gospel Promoters Association reported a surplus of $524, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $11K | $12K | $0 | — | — |
| 2022 | $16K | $9K | $11K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Gospel Promoters Association:
Data Sources and Methodology
This transparency report for Southern Gospel Promoters 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.