Yescarolina
Yescarolina faces significant financial challenges with consistent operating deficits and declining assets.
EIN: 203562766 · Charleston, SC · NTEE: B02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $279K |
| Program Spending | 75% |
| Net Assets | $218K |
| Transparency Score | 45/100 |
Is Yescarolina Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yescarolina directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yescarolina
Yescarolina (EIN: 203562766) is a nonprofit organization based in Charleston, SC, classified under NTEE code B02. The organization reported total revenue of $191K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yescarolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yescarolina is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $279K |
| Surplus / Deficit | $-113,224 |
| Total Assets | $257K |
| Total Liabilities | $39K |
| Net Assets | $218K |
| Operating Margin | -68.4% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2020, Yescarolina reported a deficit of $113K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2020), Yescarolina's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -37.9% | -25.7% | -27.8% |
| 2019 | -28.8% | -24.1% | -19.9% |
| 2018 | +79.3% | +34.3% | -23.3% |
| 2017 | -44.6% | +111.4% | -35.8% |
| 2016 | +17.7% | -49.0% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Yescarolina with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Yescarolina allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.3%.
Executive Compensation Analysis
Yescarolina reports 0% officer compensation across all provided filing periods, indicating that no salaries were paid to officers, directors, or trustees, which is unusual for an organization of its size and could suggest reliance on volunteer leadership or other compensation structures not captured as 'officer comp'.
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 Yescarolina's IRS 990 filings:
- Consistent operating deficits across multiple years (e.g., $113,224 in 2020, $108,698 in 2019).
- Significant decline in total assets from $903,268 in 2016 to $257,269 in 2020.
- Expenses consistently exceeding revenue, indicating an unsustainable financial model.
- Lack of detailed expense breakdown in provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Yescarolina:
- Reported 0% officer compensation across all filing periods, indicating resources are not being used for executive salaries.
- Long filing history (11 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Yescarolina
Is Yescarolina a legitimate charity?
Based on AI analysis of IRS 990 filings, Yescarolina (EIN: 203562766) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Yescarolina spend its money?
Yescarolina directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yescarolina tax-deductible?
Yescarolina is registered as a tax-exempt nonprofit (EIN: 203562766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Yescarolina's spending goes to programs?
Yescarolina directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yescarolina compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Yescarolina is near average for NTEE category B02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yescarolina located?
Yescarolina is headquartered in Charleston, South Carolina and files with the IRS under EIN 203562766. It is classified under NTEE code B02.
How many years of IRS 990 filings does Yescarolina have?
Yescarolina has 11 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 $191K in total revenue.
Is Yescarolina financially sustainable?
Based on the consistent operating deficits, such as $113,224 in 2020 and $108,698 in 2019, and the significant decline in assets from $903,268 in 2016 to $257,269 in 2020, Yescarolina's financial sustainability is questionable without a change in its financial trajectory.
Why are Yescarolina's assets declining so rapidly?
The rapid decline in assets is directly correlated with the organization's consistent operating deficits. When expenses exceed revenue, an organization must draw from its existing assets to cover the shortfall, leading to a reduction in its overall asset base.
What is the organization's plan to address its financial deficits?
The provided IRS 990 data does not detail specific plans to address financial deficits. However, the sustained pattern of spending more than it earns suggests a need for a strategic financial review and potential adjustments to revenue generation or expense management.
Filing History
IRS 990 filing history for Yescarolina showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2020), Yescarolina's revenue has declined by 31.7%, moving from $242K to $165K. Total assets decreased by 38.4% over the same period, from $418K to $257K. Total functional expenses rose by 11%, from $251K to $279K. In its most recent filing year (2020), Yescarolina reported a deficit of $113K, with expenses exceeding revenue. The organization holds $39K in liabilities against $257K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $165K | $279K | $257K | $39K | — | — |
| 2019 | $266K | $375K | $356K | $25K | — | View 990 |
| 2018 | $374K | $494K | $445K | $10K | — | View 990 |
| 2017 | $209K | $368K | $580K | $11K | — | View 990 |
| 2016 | $376K | $174K | $903K | $24K | — | View 990 |
| 2016 | $320K | $341K | $777K | $101K | — | View 990 |
| 2015 | $475K | $261K | $798K | $100K | — | View 990 |
| 2014 | $307K | $187K | $566K | $82K | — | View 990 |
| 2013 | $250K | $207K | $375K | $11K | — | View 990 |
| 2012 | $86K | $178K | $326K | $5K | — | View 990 |
| 2011 | $242K | $251K | $418K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $165K, expenses of $279K, and assets of $257K (revenue -37.9% year-over-year).
- 2019: Revenue of $266K, expenses of $375K, and assets of $356K (revenue -28.8% year-over-year).
- 2018: Revenue of $374K, expenses of $494K, and assets of $445K (revenue +79.3% year-over-year).
- 2017: Revenue of $209K, expenses of $368K, and assets of $580K (revenue -44.6% year-over-year).
- 2016: Revenue of $376K, expenses of $174K, and assets of $903K (revenue +17.7% year-over-year).
- 2016: Revenue of $320K, expenses of $341K, and assets of $777K (revenue -32.7% year-over-year).
- 2015: Revenue of $475K, expenses of $261K, and assets of $798K (revenue +55.1% year-over-year).
- 2014: Revenue of $307K, expenses of $187K, and assets of $566K (revenue +22.6% year-over-year).
- 2013: Revenue of $250K, expenses of $207K, and assets of $375K (revenue +192.4% year-over-year).
- 2012: Revenue of $86K, expenses of $178K, and assets of $326K (revenue -64.7% year-over-year).
- 2011: Revenue of $242K, expenses of $251K, and assets of $418K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yescarolina:
Data Sources and Methodology
This transparency report for Yescarolina 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.