Straight Street Laurens Inc
EIN: 570974807 · Laurens, SC · NTEE: P28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $47K |
| Net Assets | $296K |
Is Straight Street Laurens Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Straight Street Laurens Inc
Straight Street Laurens Inc (EIN: 570974807) is a nonprofit organization based in Laurens, SC, classified under NTEE code P28. The organization reported total revenue of $122K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Straight Street Laurens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Straight Street Laurens Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $47K |
| Surplus / Deficit | +$249K |
| Total Assets | $297K |
| Total Liabilities | $1K |
| Net Assets | $296K |
| Operating Margin | 84.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 75.9 months |
Financial Health Grade: A
In 2023, Straight Street Laurens Inc reported a surplus of $249K with revenue exceeding expenses, holds 75.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Straight Street Laurens Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +549.8% | -20.2% | +523.0% |
| 2022 | -23.0% | +48.8% | -21.9% |
| 2021 | +41.1% | -11.7% | +51.1% |
| 2020 | -7.6% | -0.6% | -9.9% |
| 2019 | -22.0% | -13.8% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Straight Street Laurens 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 Straight Street Laurens 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 $249K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Straight Street Laurens Inc
Is Straight Street Laurens Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Straight Street Laurens Inc (EIN: 570974807) insufficient data. 0 red flags identified, 0 strengths noted.
How does Straight Street Laurens Inc spend its money?
Detailed spending breakdown data is not yet available for Straight Street Laurens Inc. Check back for updated IRS 990 analysis.
Are donations to Straight Street Laurens Inc tax-deductible?
Straight Street Laurens Inc is registered as a tax-exempt nonprofit (EIN: 570974807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Straight Street Laurens Inc located?
Straight Street Laurens Inc is headquartered in Laurens, South Carolina and files with the IRS under EIN 570974807. It is classified under NTEE code P28.
How many years of IRS 990 filings does Straight Street Laurens Inc have?
Straight Street Laurens Inc has 13 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 $122K in total revenue.
Filing History
IRS 990 filing history for Straight Street Laurens Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Straight Street Laurens Inc's revenue has grown by 468.5%, moving from $52K to $296K. Total assets increased by 626.4% over the same period, from $41K to $297K. Total functional expenses fell by 12.8%, from $54K to $47K. In its most recent filing year (2023), Straight Street Laurens Inc reported a surplus of $249K, with revenue exceeding expenses. The organization holds $1K in liabilities against $297K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $47K | $297K | $1K | — | — |
| 2022 | $45K | $59K | $48K | $300 | — | View 990 |
| 2021 | $59K | $40K | $61K | $255 | — | View 990 |
| 2020 | $42K | $45K | $40K | $275 | — | View 990 |
| 2019 | $45K | $45K | $45K | $750 | — | View 990 |
| 2018 | $58K | $52K | $44K | $1K | — | View 990 |
| 2017 | $45K | $49K | $32K | $4K | — | View 990 |
| 2016 | $51K | $46K | $38K | $4K | — | View 990 |
| 2015 | $41K | $49K | $33K | $5K | — | View 990 |
| 2014 | $55K | $53K | $38K | $2K | — | View 990 |
| 2013 | $45K | $49K | $36K | $2K | — | View 990 |
| 2012 | $62K | $63K | $40K | $1K | — | View 990 |
| 2011 | $52K | $54K | $41K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $47K, and assets of $297K (revenue +549.8% year-over-year).
- 2022: Revenue of $45K, expenses of $59K, and assets of $48K (revenue -23.0% year-over-year).
- 2021: Revenue of $59K, expenses of $40K, and assets of $61K (revenue +41.1% year-over-year).
- 2020: Revenue of $42K, expenses of $45K, and assets of $40K (revenue -7.6% year-over-year).
- 2019: Revenue of $45K, expenses of $45K, and assets of $45K (revenue -22.0% year-over-year).
- 2018: Revenue of $58K, expenses of $52K, and assets of $44K (revenue +30.5% year-over-year).
- 2017: Revenue of $45K, expenses of $49K, and assets of $32K (revenue -12.1% year-over-year).
- 2016: Revenue of $51K, expenses of $46K, and assets of $38K (revenue +22.2% year-over-year).
- 2015: Revenue of $41K, expenses of $49K, and assets of $33K (revenue -24.6% year-over-year).
- 2014: Revenue of $55K, expenses of $53K, and assets of $38K (revenue +23.1% year-over-year).
- 2013: Revenue of $45K, expenses of $49K, and assets of $36K (revenue -28.0% year-over-year).
- 2012: Revenue of $62K, expenses of $63K, and assets of $40K (revenue +19.3% year-over-year).
- 2011: Revenue of $52K, expenses of $54K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Straight Street Laurens Inc:
Data Sources and Methodology
This transparency report for Straight Street Laurens 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.