Srs Heritage Foundation Inc
Srs Heritage Foundation Inc shows consistent asset growth and low expenses relative to revenue, with no reported officer compensation.
EIN: 201629370 · Aiken, SC · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $76K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $998K |
| Transparency Score | 92/100 |
Is Srs Heritage Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Srs Heritage Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Srs Heritage Foundation Inc
Srs Heritage Foundation Inc (EIN: 201629370) is a nonprofit organization based in Aiken, SC, classified under NTEE code A80. The organization reported total revenue of $163K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Srs Heritage Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Srs Heritage Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $76K |
| Surplus / Deficit | +$62K |
| Total Assets | $998K |
| Net Assets | $998K |
| Operating Margin | 45.0% |
| Months of Reserves | 157.8 months |
Financial Health Grade: A
In 2023, Srs Heritage Foundation Inc reported a surplus of $62K with revenue exceeding expenses, holds 157.8 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Srs Heritage Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +145.9% | +167.7% | +6.6% |
| 2022 | +23.8% | -1.6% | +3.1% |
| 2021 | -87.9% | +7.5% | +1.9% |
| 2020 | +134.1% | +104.3% | +63.8% |
| 2019 | +27.4% | -40.6% | +36.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Srs Heritage Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Srs Heritage Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $62K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with assets growing to nearly $1 million.
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.
Strengths
The following positive indicators were identified for Srs Heritage Foundation Inc:
- Consistent asset growth, increasing from $195,317 in 2014 to $997,854 in 2023.
- Very low expenses relative to revenue, indicating strong financial management and efficiency (e.g., $75,897 expenses vs. $138,082 revenue in 2023).
- 0% officer compensation reported across all filings, suggesting a highly dedicated and potentially volunteer-driven leadership.
- Consistent IRS 990 filing history, demonstrating transparency.
- Positive revenue trend in recent years, indicating growing support and sustainability.
Frequently Asked Questions about Srs Heritage Foundation Inc
Is Srs Heritage Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Srs Heritage Foundation Inc (EIN: 201629370) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Srs Heritage Foundation Inc spend its money?
Srs Heritage Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Srs Heritage Foundation Inc tax-deductible?
Srs Heritage Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201629370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Srs Heritage Foundation Inc CEO make?
Srs Heritage Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $163K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Srs Heritage Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Srs Heritage Foundation Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Srs Heritage Foundation Inc located?
Srs Heritage Foundation Inc is headquartered in Aiken, South Carolina and files with the IRS under EIN 201629370. It is classified under NTEE code A80.
How many years of IRS 990 filings does Srs Heritage Foundation Inc have?
Srs Heritage Foundation Inc has 10 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 $163K in total revenue.
Is Srs Heritage Foundation Inc a good charity?
Based on the financial data, Srs Heritage Foundation Inc appears to be a good charity. It demonstrates strong financial health with consistent asset growth, very low expenses relative to revenue, and a commitment to transparency through regular IRS 990 filings with 0% officer compensation reported.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $195,317 in 2014 to $997,854 in 2023. Revenue has also shown an upward trend, despite some fluctuations, indicating sustainable growth.
What is the organization's spending efficiency?
Srs Heritage Foundation Inc exhibits high spending efficiency. For example, in 2023, expenses were $75,897 against $138,082 in revenue, meaning a significant portion of revenue is not consumed by operational costs, allowing for asset accumulation or direct program investment.
Filing History
IRS 990 filing history for Srs Heritage Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Srs Heritage Foundation Inc's revenue has grown by 56.6%, moving from $88K to $138K. Total assets increased by 410.9% over the same period, from $195K to $998K. Total functional expenses rose by 452.7%, from $14K to $76K. In its most recent filing year (2023), Srs Heritage Foundation Inc reported a surplus of $62K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $76K | $998K | $0 | — | View 990 |
| 2022 | $56K | $28K | $936K | $301 | — | View 990 |
| 2021 | $45K | $29K | $908K | $0 | — | View 990 |
| 2020 | $374K | $27K | $891K | $0 | — | View 990 |
| 2019 | $160K | $13K | $544K | $0 | — | View 990 |
| 2018 | $125K | $22K | $397K | $0 | — | View 990 |
| 2017 | $61K | $18K | $294K | $0 | — | — |
| 2016 | $18K | $11K | $251K | $0 | — | View 990 |
| 2015 | $61K | $27K | $229K | $0 | — | View 990 |
| 2014 | $88K | $14K | $195K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $76K, and assets of $998K (revenue +145.9% year-over-year).
- 2022: Revenue of $56K, expenses of $28K, and assets of $936K (revenue +23.8% year-over-year).
- 2021: Revenue of $45K, expenses of $29K, and assets of $908K (revenue -87.9% year-over-year).
- 2020: Revenue of $374K, expenses of $27K, and assets of $891K (revenue +134.1% year-over-year).
- 2019: Revenue of $160K, expenses of $13K, and assets of $544K (revenue +27.4% year-over-year).
- 2018: Revenue of $125K, expenses of $22K, and assets of $397K (revenue +104.5% year-over-year).
- 2017: Revenue of $61K, expenses of $18K, and assets of $294K (revenue +236.7% year-over-year).
- 2016: Revenue of $18K, expenses of $11K, and assets of $251K (revenue -69.9% year-over-year).
- 2015: Revenue of $61K, expenses of $27K, and assets of $229K (revenue -31.4% year-over-year).
- 2014: Revenue of $88K, expenses of $14K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Srs Heritage Foundation Inc:
Data Sources and Methodology
This transparency report for Srs Heritage 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.