Usc Columbia Technology Incubator
EIN: 454165030 · Columbia, SC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Net Assets | $357K |
Is Usc Columbia Technology Incubator Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Usc Columbia Technology Incubator
Usc Columbia Technology Incubator (EIN: 454165030) is a nonprofit organization based in Columbia, SC, classified under NTEE code S20. The organization reported total revenue of $1.4M and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usc Columbia Technology Incubator's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usc Columbia Technology Incubator is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $922K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-206,883 |
| Total Assets | $573K |
| Total Liabilities | $216K |
| Net Assets | $357K |
| Operating Margin | -22.4% |
| Debt-to-Asset Ratio | 37.7% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2022, Usc Columbia Technology Incubator reported a deficit of $207K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.7% (moderate leverage).
Financial Trends
Over 10 years of filings (2012–2022), Usc Columbia Technology Incubator's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -38.5% | -8.5% | -23.4% |
| 2021 | +99.8% | +78.8% | +107.0% |
| 2019 | -4.9% | +11.1% | +24.2% |
| 2018 | +13.2% | -9.7% | +132.2% |
| 2017 | -14.0% | -15.2% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Usc Columbia Technology Incubator 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 Usc Columbia Technology Incubator 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $207K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.7%.
Frequently Asked Questions about Usc Columbia Technology Incubator
Is Usc Columbia Technology Incubator a legitimate charity?
Based on AI analysis of IRS 990 filings, Usc Columbia Technology Incubator (EIN: 454165030) insufficient data. 0 red flags identified, 0 strengths noted.
How does Usc Columbia Technology Incubator spend its money?
Detailed spending breakdown data is not yet available for Usc Columbia Technology Incubator. Check back for updated IRS 990 analysis.
Are donations to Usc Columbia Technology Incubator tax-deductible?
Usc Columbia Technology Incubator is registered as a tax-exempt nonprofit (EIN: 454165030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Usc Columbia Technology Incubator located?
Usc Columbia Technology Incubator is headquartered in Columbia, South Carolina and files with the IRS under EIN 454165030. It is classified under NTEE code S20.
How many years of IRS 990 filings does Usc Columbia Technology Incubator have?
Usc Columbia Technology Incubator 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Usc Columbia Technology Incubator showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2022), Usc Columbia Technology Incubator's revenue has grown by 185.8%, moving from $322K to $922K. Total assets increased by 441.1% over the same period, from $106K to $573K. Total functional expenses rose by 273.5%, from $302K to $1.1M. In its most recent filing year (2022), Usc Columbia Technology Incubator reported a deficit of $207K, with expenses exceeding revenue. The organization holds $216K in liabilities against $573K in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $357K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $922K | $1.1M | $573K | $216K | — | View 990 |
| 2021 | $1.5M | $1.2M | $748K | $184K | — | View 990 |
| 2019 | $750K | $690K | $362K | $77K | — | View 990 |
| 2018 | $788K | $620K | $291K | $67K | — | View 990 |
| 2017 | $697K | $687K | $125K | $69K | — | — |
| 2016 | $810K | $810K | $114K | $68K | — | View 990 |
| 2015 | $834K | $865K | $163K | $117K | — | View 990 |
| 2014 | $387K | $404K | $187K | $53K | — | View 990 |
| 2013 | $438K | $308K | $197K | $46K | — | View 990 |
| 2012 | $322K | $302K | $106K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $922K, expenses of $1.1M, and assets of $573K (revenue -38.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $748K (revenue +99.8% year-over-year).
- 2019: Revenue of $750K, expenses of $690K, and assets of $362K (revenue -4.9% year-over-year).
- 2018: Revenue of $788K, expenses of $620K, and assets of $291K (revenue +13.2% year-over-year).
- 2017: Revenue of $697K, expenses of $687K, and assets of $125K (revenue -14.0% year-over-year).
- 2016: Revenue of $810K, expenses of $810K, and assets of $114K (revenue -2.9% year-over-year).
- 2015: Revenue of $834K, expenses of $865K, and assets of $163K (revenue +115.3% year-over-year).
- 2014: Revenue of $387K, expenses of $404K, and assets of $187K (revenue -11.6% year-over-year).
- 2013: Revenue of $438K, expenses of $308K, and assets of $197K (revenue +35.9% year-over-year).
- 2012: Revenue of $322K, expenses of $302K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usc Columbia Technology Incubator:
Data Sources and Methodology
This transparency report for Usc Columbia Technology Incubator 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.