Tri County Entrepreneurial Development Center
EIN: 452925057 · Seneca, SC · NTEE: S43
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $33K |
| Net Assets | $347K |
Is Tri County Entrepreneurial Development Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tri County Entrepreneurial Development Center
Tri County Entrepreneurial Development Center (EIN: 452925057) is a nonprofit organization based in Seneca, SC, classified under NTEE code S43. The organization reported total revenue of $43K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri County Entrepreneurial Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri County Entrepreneurial Development Center is a micro nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 25.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $33K |
| Surplus / Deficit | +$34K |
| Total Assets | $349K |
| Total Liabilities | $2K |
| Net Assets | $347K |
| Operating Margin | 51.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 127.1 months |
Financial Health Grade: A
In 2024, Tri County Entrepreneurial Development Center reported a surplus of $34K with revenue exceeding expenses, holds 127.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Tri County Entrepreneurial Development Center's revenue has grown at a compound annual growth rate (CAGR) of 25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.9% | -20.6% | +10.9% |
| 2023 | +18.8% | +23.4% | +10.4% |
| 2022 | -1.5% | +17.0% | +10.0% |
| 2021 | +1.9% | -12.5% | +13.8% |
| 2020 | -8.8% | -13.7% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tri County Entrepreneurial Development Center 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 Tri County Entrepreneurial Development Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Tri County Entrepreneurial Development Center
Is Tri County Entrepreneurial Development Center a legitimate charity?
Tri County Entrepreneurial Development Center (EIN: 452925057) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: A.
How does Tri County Entrepreneurial Development Center spend its money?
Tri County Entrepreneurial Development Center reported $43K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tri County Entrepreneurial Development Center tax-deductible?
Tri County Entrepreneurial Development Center is registered as a tax-exempt nonprofit (EIN: 452925057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tri County Entrepreneurial Development Center located?
Tri County Entrepreneurial Development Center is headquartered in Seneca, South Carolina and files with the IRS under EIN 452925057. It is classified under NTEE code S43.
How many years of IRS 990 filings does Tri County Entrepreneurial Development Center have?
Tri County Entrepreneurial Development Center 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 $43K in total revenue.
Filing History
IRS 990 filing history for Tri County Entrepreneurial Development Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Tri County Entrepreneurial Development Center's revenue has grown by 1378.9%, moving from $5K to $67K. Total assets increased by 47670.6% over the same period, from $731 to $349K. Total functional expenses rose by 663.4%, from $4K to $33K. In its most recent filing year (2024), Tri County Entrepreneurial Development Center reported a surplus of $34K, with revenue exceeding expenses. The organization holds $2K in liabilities against $349K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $347K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $67K | $33K | $349K | $2K | — | — |
| 2023 | $71K | $42K | $315K | $2K | — | View 990 |
| 2022 | $60K | $34K | $285K | $2K | — | — |
| 2021 | $60K | $29K | $259K | $2K | — | View 990 |
| 2020 | $59K | $33K | $228K | $2K | — | View 990 |
| 2019 | $65K | $38K | $201K | $2K | — | View 990 |
| 2018 | $57K | $23K | $174K | $2K | — | View 990 |
| 2017 | $52K | $20K | $140K | $600 | — | View 990 |
| 2016 | $53K | $18K | $108K | $550 | — | View 990 |
| 2015 | $49K | $20K | $73K | $650 | — | View 990 |
| 2014 | $42K | $29K | $44K | $300 | — | View 990 |
| 2013 | $44K | $14K | $30K | $100 | — | View 990 |
| 2012 | $5K | $4K | $731 | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $67K, expenses of $33K, and assets of $349K (revenue -4.9% year-over-year).
- 2023: Revenue of $71K, expenses of $42K, and assets of $315K (revenue +18.8% year-over-year).
- 2022: Revenue of $60K, expenses of $34K, and assets of $285K (revenue -1.5% year-over-year).
- 2021: Revenue of $60K, expenses of $29K, and assets of $259K (revenue +1.9% year-over-year).
- 2020: Revenue of $59K, expenses of $33K, and assets of $228K (revenue -8.8% year-over-year).
- 2019: Revenue of $65K, expenses of $38K, and assets of $201K (revenue +14.3% year-over-year).
- 2018: Revenue of $57K, expenses of $23K, and assets of $174K (revenue +9.1% year-over-year).
- 2017: Revenue of $52K, expenses of $20K, and assets of $140K (revenue -1.5% year-over-year).
- 2016: Revenue of $53K, expenses of $18K, and assets of $108K (revenue +8.8% year-over-year).
- 2015: Revenue of $49K, expenses of $20K, and assets of $73K (revenue +14.6% year-over-year).
- 2014: Revenue of $42K, expenses of $29K, and assets of $44K (revenue -3.9% year-over-year).
- 2013: Revenue of $44K, expenses of $14K, and assets of $30K (revenue +870.3% year-over-year).
- 2012: Revenue of $5K, expenses of $4K, and assets of $731.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri County Entrepreneurial Development Center:
Data Sources and Methodology
This transparency report for Tri County Entrepreneurial Development Center 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.