Tega Cay Forever
EIN: 815473391 · Tega Cay, SC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $880K |
| Net Assets | $728K |
Is Tega Cay Forever Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tega Cay Forever
Tega Cay Forever (EIN: 815473391) is a nonprofit organization based in Tega Cay, SC, classified under NTEE code S20. The organization reported total revenue of $1.6M and total assets of $597K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tega Cay Forever's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tega Cay Forever is a mid-size nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of -50.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $880K |
| Surplus / Deficit | $-591,335 |
| Total Assets | $728K |
| Net Assets | $728K |
| Operating Margin | -205.2% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2021, Tega Cay Forever reported a deficit of $591K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2019–2021), Tega Cay Forever's revenue has declined at a compound annual growth rate (CAGR) of -50.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +63.5% | +3194.3% | -44.8% |
| 2020 | -85.0% | +835.2% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tega Cay Forever 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 Tega Cay Forever 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $591K, with expenses exceeding revenue.
Frequently Asked Questions about Tega Cay Forever
Is Tega Cay Forever a legitimate charity?
Based on AI analysis of IRS 990 filings, Tega Cay Forever (EIN: 815473391) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tega Cay Forever spend its money?
Detailed spending breakdown data is not yet available for Tega Cay Forever. Check back for updated IRS 990 analysis.
Are donations to Tega Cay Forever tax-deductible?
Tega Cay Forever is registered as a tax-exempt nonprofit (EIN: 815473391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tega Cay Forever located?
Tega Cay Forever is headquartered in Tega Cay, South Carolina and files with the IRS under EIN 815473391. It is classified under NTEE code S20.
How many years of IRS 990 filings does Tega Cay Forever have?
Tega Cay Forever has 3 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Tega Cay Forever showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Tega Cay Forever's revenue has declined by 75.4%, moving from $1.2M to $288K. Total assets decreased by 37.8% over the same period, from $1.2M to $728K. Total functional expenses rose by 30707%, from $3K to $880K. In its most recent filing year (2021), Tega Cay Forever reported a deficit of $591K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $288K | $880K | $728K | $0 | — | View 990 |
| 2020 | $176K | $27K | $1.3M | $0 | — | — |
| 2019 | $1.2M | $3K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $288K, expenses of $880K, and assets of $728K (revenue +63.5% year-over-year).
- 2020: Revenue of $176K, expenses of $27K, and assets of $1.3M (revenue -85.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $3K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tega Cay Forever:
Data Sources and Methodology
This transparency report for Tega Cay Forever 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.