The Five Points Merchants Association
EIN: 570780971 · Columbia, SC
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $3K |
| Net Assets | $587K |
Is The Five Points Merchants Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Five Points Merchants Association
The Five Points Merchants Association (EIN: 570780971) is a nonprofit organization based in Columbia, SC. The organization reported total revenue of $11K and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Five Points Merchants Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Five Points Merchants Association is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -43.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $3K |
| Surplus / Deficit | +$8K |
| Total Assets | $587K |
| Net Assets | $587K |
| Operating Margin | 74.8% |
| Months of Reserves | 2491.1 months |
Financial Health Grade: A
In 2020, The Five Points Merchants Association reported a surplus of $8K with revenue exceeding expenses, holds 2491.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2020), The Five Points Merchants Association's revenue has declined at a compound annual growth rate (CAGR) of -43.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -98.6% | -99.7% | +1.2% |
| 2019 | -24.2% | -7.9% | -24.5% |
| 2018 | +9.7% | -26.4% | -3.5% |
| 2017 | -16.5% | +58.0% | -38.2% |
| 2016 | -1.1% | +11.3% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Five Points Merchants Association 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 The Five Points Merchants Association 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about The Five Points Merchants Association
Is The Five Points Merchants Association a legitimate charity?
The Five Points Merchants Association (EIN: 570780971) is a registered tax-exempt nonprofit based in South Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $11K. No red flags identified. Financial health grade: A.
How does The Five Points Merchants Association spend its money?
The Five Points Merchants Association reported $11K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Five Points Merchants Association tax-deductible?
The Five Points Merchants Association is registered as a tax-exempt nonprofit (EIN: 570780971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Five Points Merchants Association located?
The Five Points Merchants Association is headquartered in Columbia, South Carolina and files with the IRS under EIN 570780971.
How many years of IRS 990 filings does The Five Points Merchants Association have?
The Five Points Merchants Association has 10 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 $11K in total revenue.
Filing History
IRS 990 filing history for The Five Points Merchants Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2020), The Five Points Merchants Association's revenue has declined by 98.9%, moving from $1.0M to $11K. Total assets decreased by 37.4% over the same period, from $938K to $587K. Total functional expenses fell by 99.7%, from $923K to $3K. In its most recent filing year (2020), The Five Points Merchants Association reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $11K | $3K | $587K | $0 | — | View 990 |
| 2019 | $782K | $972K | $580K | $0 | — | View 990 |
| 2018 | $1.0M | $1.1M | $767K | $0 | — | View 990 |
| 2017 | $940K | $1.4M | $795K | $3K | — | View 990 |
| 2016 | $1.1M | $908K | $1.3M | $0 | — | View 990 |
| 2015 | $1.1M | $816K | $1.1M | $625 | — | View 990 |
| 2014 | $971K | $862K | $745K | $1K | — | View 990 |
| 2013 | $1.0M | $1.1M | $645K | $4K | — | View 990 |
| 2012 | $55K | $284K | $708K | $0 | — | View 990 |
| 2012 | $1.0M | $923K | $938K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $11K, expenses of $3K, and assets of $587K (revenue -98.6% year-over-year).
- 2019: Revenue of $782K, expenses of $972K, and assets of $580K (revenue -24.2% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $767K (revenue +9.7% year-over-year).
- 2017: Revenue of $940K, expenses of $1.4M, and assets of $795K (revenue -16.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $908K, and assets of $1.3M (revenue -1.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $816K, and assets of $1.1M (revenue +17.4% year-over-year).
- 2014: Revenue of $971K, expenses of $862K, and assets of $745K (revenue -4.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $645K (revenue +1763.1% year-over-year).
- 2012: Revenue of $55K, expenses of $284K, and assets of $708K (revenue -94.7% year-over-year).
- 2012: Revenue of $1.0M, expenses of $923K, and assets of $938K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Five Points Merchants Association:
Data Sources and Methodology
This transparency report for The Five Points Merchants Association 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.