Skip to the page content
Your donations
Passes our checks

One Sumter Economic Development Foundation Inc

EIN 47-1453325 · Americus, GA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak33 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 5% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

ENHANCEMENT AND PROMOTION OF ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, MARKETING AND COMMUNICATIONS, AND TRANSPORTATION EFFORTS IN SUMTER COUNTY, GEORGIA

Income
$6.2 million
Spending
$6.5 million
Spent on programs
5%
Reserves
0.8 months of spending
Largest source of income
other income, 98%
Employees
3

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 33 out of 100. Higher than 6% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.8 months of spending.

  • Debt

    16 of 20

    It owes 24% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    5 of 15

    Income fell 18% on the year before.

  • Spending floor

    0 of 15

    5% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 84 out of 100. Higher than 36% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $137,816 spent. ECONOMIC DEVELOPMENT - DEVELOPED AND PROMOTED PROJECTS DESIGNED TO ENHANCE ECONOMIC DEVELOPMENT, ENCOURAGE NEW BUSINESS GROWTH AND DOWNTOWN REDEVELOPMENT IN SUMTER COUNTY AND THE MUNICIPALITIES THEREIN BY SUPPORTING NEXT SITE CONSULTING, COMMUNITY & REGIONAL PARTNERSHIPS, AND GROW 2024 CAPITAL CAMPAIGN.
  2. $197,750 spent. WORKFORCE DEVELOPMENT - WORKED CLOSELY WITH BUSINESS AND EDUCATION LEADERS IN SUMTER COUNTY TO ENABLE OUR FUTURE WORKFORCE TO HAVE A GREATER OPPORTUNITY TO DEVELOP THEIR TALENTS AND BE BETTER EQUIPPED TO BECOME PRODUCTIVE MEMBERS IN THE COMMUNITY BY SUPPORTING THE COLLEGE AND CAREER ACADEMY AND LOCATE SOUTH GA LEADS.
  3. $17,078 spent. LEADERSHIP DEVELOPMENT AND REGIONAL SUSTAINABILITY
  4. - PROVIDED ADMINISTRATIVE SUPPORT FOR THE INGNIT COLLEGE AND CARRER ACADEMY, THE GROWTH 2024 CAMPAIGN, THE STOCK PHOTOGRAPHY LIBRARY, WEBSIT REDESIGN, PARTNERSHIP WITH SOUTH GEORGIA LEADS REGIONAL LEADERSHIP DEVELOPMENT PROGRAM BY SPONSORING A SOUTH GEORGIA REPRESENTATIVE, AND ESTABLISHED A CENSUS COMPLETE COUNT COMMITTEE
  5. - PROVIDED ADMINISTRATIVE SUPPORT FOR THE INGNIT COLLEGE AND CARRER ACADEMY, THE GROWTH 2024 CAMPAIGN, THE STOCK PHOTOGRAPHY LIBRARY, WEBSIT REDESIGN, PARTNERSHIP WITH SOUTH GEORGIA LEADS REGIONAL LEADERSHIP DEVELOPMENT PROGRAM BY SPONSORING A SOUTH GEORGIA REPRESENTATIVE, AND ESTABLISHED A CENSUS COMPLETE COUNT COMMITTEE

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.