Summerville Elite
EIN: 384119431 · Summerville, SC · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $94K |
| Net Assets | $10K |
Is Summerville Elite Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Summerville Elite
Summerville Elite (EIN: 384119431) is a nonprofit organization based in Summerville, SC, classified under NTEE code N99. The organization reported total revenue of $126K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summerville Elite's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summerville Elite is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $94K |
| Surplus / Deficit | $-1,956 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -2.1% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Summerville Elite reported a deficit of $2K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2021–2023), Summerville Elite's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +3.1% | +143.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Summerville Elite 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 Summerville Elite 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 deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Summerville Elite
Is Summerville Elite a legitimate charity?
Summerville Elite (EIN: 384119431) is a registered tax-exempt nonprofit based in South Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $126K. No red flags identified. Financial health grade: C.
How does Summerville Elite spend its money?
Summerville Elite reported $126K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Summerville Elite tax-deductible?
Summerville Elite is registered as a tax-exempt nonprofit (EIN: 384119431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Summerville Elite located?
Summerville Elite is headquartered in Summerville, South Carolina and files with the IRS under EIN 384119431. It is classified under NTEE code N99.
How many years of IRS 990 filings does Summerville Elite have?
Summerville Elite 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 $126K in total revenue.
Filing History
IRS 990 filing history for Summerville Elite showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Summerville Elite's revenue has declined by 3.5%, moving from $95K to $92K. Total assets increased by 143.1% over the same period, from $4K to $10K. Total functional expenses rose by 3.1%, from $91K to $94K. In its most recent filing year (2023), Summerville Elite reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $94K | $10K | $0 | — | View 990 |
| 2021 | $95K | $91K | $4K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summerville Elite:
Data Sources and Methodology
This transparency report for Summerville Elite 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.