Standing Room Only Inc
EIN: 542049884 · Mt Pleasant, SC · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $56K |
| Net Assets | $302K |
Is Standing Room Only Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Standing Room Only Inc
Standing Room Only Inc (EIN: 542049884) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code A65. The organization reported total revenue of $104K and total assets of $391K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Standing Room Only Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Standing Room Only Inc is a small nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $56K |
| Surplus / Deficit | +$34K |
| Total Assets | $303K |
| Total Liabilities | $609 |
| Net Assets | $302K |
| Operating Margin | 38.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 65.2 months |
Financial Health Grade: A
In 2023, Standing Room Only Inc reported a surplus of $34K with revenue exceeding expenses, holds 65.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Standing Room Only Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.4% | -15.7% | +12.1% |
| 2022 | +43.9% | +90.2% | +6.1% |
| 2021 | -18.6% | -34.8% | +9.5% |
| 2020 | -12.4% | -11.9% | +6.9% |
| 2019 | -16.6% | -15.7% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Standing Room Only Inc 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 Standing Room Only Inc 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Standing Room Only Inc
Is Standing Room Only Inc a legitimate charity?
Standing Room Only Inc (EIN: 542049884) is a registered tax-exempt nonprofit based in South Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $104K. No red flags identified. Financial health grade: A.
How does Standing Room Only Inc spend its money?
Standing Room Only Inc reported $104K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Standing Room Only Inc tax-deductible?
Standing Room Only Inc is registered as a tax-exempt nonprofit (EIN: 542049884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Standing Room Only Inc located?
Standing Room Only Inc is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 542049884. It is classified under NTEE code A65.
How many years of IRS 990 filings does Standing Room Only Inc have?
Standing Room Only Inc has 11 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 $104K in total revenue.
Filing History
IRS 990 filing history for Standing Room Only Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Standing Room Only Inc's revenue has grown by 149.5%, moving from $36K to $90K. Total assets increased by 61.9% over the same period, from $187K to $303K. Total functional expenses rose by 69.4%, from $33K to $56K. In its most recent filing year (2023), Standing Room Only Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $609 in liabilities against $303K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $302K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $56K | $303K | $609 | — | View 990 |
| 2022 | $83K | $66K | $270K | $694 | — | View 990 |
| 2021 | $58K | $35K | $255K | $767 | — | View 990 |
| 2020 | $71K | $53K | $233K | $198 | — | View 990 |
| 2019 | $81K | $61K | $218K | $1K | — | View 990 |
| 2018 | $97K | $72K | $199K | $1K | — | View 990 |
| 2017 | $101K | $66K | $212K | $0 | — | — |
| 2016 | $64K | $27K | $188K | $59K | — | View 990 |
| 2015 | $48K | $36K | $170K | $78K | — | View 990 |
| 2014 | $62K | $38K | $183K | $104K | — | View 990 |
| 2013 | $36K | $33K | $187K | $132K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $56K, and assets of $303K (revenue +8.4% year-over-year).
- 2022: Revenue of $83K, expenses of $66K, and assets of $270K (revenue +43.9% year-over-year).
- 2021: Revenue of $58K, expenses of $35K, and assets of $255K (revenue -18.6% year-over-year).
- 2020: Revenue of $71K, expenses of $53K, and assets of $233K (revenue -12.4% year-over-year).
- 2019: Revenue of $81K, expenses of $61K, and assets of $218K (revenue -16.6% year-over-year).
- 2018: Revenue of $97K, expenses of $72K, and assets of $199K (revenue -3.3% year-over-year).
- 2017: Revenue of $101K, expenses of $66K, and assets of $212K (revenue +56.5% year-over-year).
- 2016: Revenue of $64K, expenses of $27K, and assets of $188K (revenue +34.0% year-over-year).
- 2015: Revenue of $48K, expenses of $36K, and assets of $170K (revenue -22.3% year-over-year).
- 2014: Revenue of $62K, expenses of $38K, and assets of $183K (revenue +70.9% year-over-year).
- 2013: Revenue of $36K, expenses of $33K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Standing Room Only Inc:
Data Sources and Methodology
This transparency report for Standing Room Only 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.