Sumter Emc Foundation Inc
Sumter Emc Foundation Inc maintains zero officer compensation amidst fluctuating revenues and asset growth.
EIN: 161639226 · Americus, GA · NTEE: T31 · Updated: 2026-03-28
Is Sumter Emc Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sumter Emc Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sumter Emc Foundation Inc
Sumter Emc Foundation Inc (EIN: 161639226) is a nonprofit organization based in Americus, GA, classified under NTEE code T31. The organization reported total revenue of $152K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sumter Emc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sumter Emc Foundation Inc is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $82K |
| Surplus / Deficit | $-13,126 |
| Total Assets | $171K |
| Net Assets | $171K |
| Operating Margin | -18.9% |
| Months of Reserves | 24.9 months |
Financial Health Grade: B
In 2023, Sumter Emc Foundation Inc reported a deficit of $13K with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Sumter Emc Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +45.8% | -7.1% |
| 2022 | -55.5% | -13.9% | +7.6% |
| 2021 | +142.6% | +4.3% | +112.1% |
| 2020 | +15.9% | -8.3% | +1.8% |
| 2019 | -45.6% | +5.0% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Sumter Emc Foundation Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sumter Emc Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence.
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.
Red Flags
The following concerns were identified during AI analysis of Sumter Emc Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202312), with $82,397 in expenses against $69,271 in revenue, leading to a decrease in assets.
- Significant year-over-year fluctuations in revenue could pose challenges for consistent program planning and delivery if not adequately buffered by reserves.
Strengths
The following positive indicators were identified for Sumter Emc Foundation Inc:
- Consistently reports 0% officer compensation, indicating high efficiency in executive pay.
- Maintains zero liabilities across all reported periods, demonstrating strong financial health and responsible debt management.
- Long-term growth in assets, from $76,058 in 2013 to $227,243 currently, indicating effective financial stewardship.
- Strong transparency regarding executive compensation.
Frequently Asked Questions about Sumter Emc Foundation Inc
Is Sumter Emc Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sumter Emc Foundation Inc (EIN: 161639226) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Sumter Emc Foundation Inc spend its money?
Sumter Emc Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sumter Emc Foundation Inc tax-deductible?
Sumter Emc Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161639226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sumter Emc Foundation Inc a good charity?
Based on the provided data, Sumter Emc Foundation Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive pay. Its assets have grown over the long term, and it maintains zero liabilities, reflecting sound financial management. However, recent expenses exceeding revenue in 2023 warrant attention.
How does Sumter Emc Foundation Inc manage its finances given fluctuating revenue?
The organization manages fluctuating revenue by building reserves, as evidenced by its growing assets from $76,058 in 2013 to $227,243 currently. While revenue can vary significantly year-to-year (e.g., $49,026 in 2014 vs. $156,230 in 2021), the foundation has generally maintained positive asset growth, suggesting prudent financial planning to absorb these variations.
What is the trend in Sumter Emc Foundation Inc's assets?
Sumter Emc Foundation Inc's assets have shown a general upward trend over the past decade, growing from $76,058 in 2013 to $227,243 currently. There was a notable dip in 2023, where assets decreased from $184,307 to $171,181 due to expenses exceeding revenue, but the overall long-term trend is positive.
Filing History
IRS 990 filing history for Sumter Emc Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Sumter Emc Foundation Inc's revenue has grown by 28.6%, moving from $54K to $69K. Total assets increased by 371.5% over the same period, from $36K to $171K. Total functional expenses rose by 62.7%, from $51K to $82K. In its most recent filing year (2023), Sumter Emc Foundation Inc reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $82K | $171K | $0 | — | View 990 |
| 2022 | $70K | $57K | $184K | $0 | — | — |
| 2021 | $156K | $66K | $171K | $0 | — | — |
| 2020 | $64K | $63K | $81K | $0 | — | — |
| 2019 | $56K | $69K | $79K | $0 | — | View 990 |
| 2018 | $102K | $65K | $92K | $0 | — | View 990 |
| 2017 | $53K | $56K | $56K | $0 | — | View 990 |
| 2015 | $72K | $71K | $70K | $0 | — | View 990 |
| 2014 | $49K | $57K | $68K | $0 | — | View 990 |
| 2013 | $51K | $60K | $76K | $0 | — | View 990 |
| 2012 | $113K | $64K | $85K | $0 | — | View 990 |
| 2011 | $54K | $51K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $82K, and assets of $171K (revenue -0.3% year-over-year).
- 2022: Revenue of $70K, expenses of $57K, and assets of $184K (revenue -55.5% year-over-year).
- 2021: Revenue of $156K, expenses of $66K, and assets of $171K (revenue +142.6% year-over-year).
- 2020: Revenue of $64K, expenses of $63K, and assets of $81K (revenue +15.9% year-over-year).
- 2019: Revenue of $56K, expenses of $69K, and assets of $79K (revenue -45.6% year-over-year).
- 2018: Revenue of $102K, expenses of $65K, and assets of $92K (revenue +93.9% year-over-year).
- 2017: Revenue of $53K, expenses of $56K, and assets of $56K (revenue -26.8% year-over-year).
- 2015: Revenue of $72K, expenses of $71K, and assets of $70K (revenue +46.8% year-over-year).
- 2014: Revenue of $49K, expenses of $57K, and assets of $68K (revenue -3.4% year-over-year).
- 2013: Revenue of $51K, expenses of $60K, and assets of $76K (revenue -55.1% year-over-year).
- 2012: Revenue of $113K, expenses of $64K, and assets of $85K (revenue +109.8% year-over-year).
- 2011: Revenue of $54K, expenses of $51K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sumter Emc Foundation Inc:
Data Sources and Methodology
This transparency report for Sumter Emc 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.