Significant year-over-year fluctuations in revenue and assets, indicating potential instability in funding or financial management.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven or externally compensated leadership.
Zero reported liabilities across all filings, suggesting sound debt management.
Clear alignment with its NTEE code (A116 - High School & Collegiate Bands) and organizational name, indicating a focused mission.
Strong transparency regarding executive compensation and liabilities.
Spending Breakdown
How Bourbon County High Band Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bourbon County High Band Inc
Is Bourbon County High Band Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bourbon County High Band Inc (EIN: 202577597) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Bourbon County High Band Inc a good charity to donate to?
Bourbon County High Band Inc has a Mission Score of 85/100. Revenue: $108K. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bourbon County High Band Inc?
The Employer Identification Number (EIN) for Bourbon County High Band Inc is 202577597. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bourbon County High Band Inc spend its money?
Bourbon County High Band Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bourbon County High Band Inc's tax-exempt status?
You can verify Bourbon County High Band Inc's tax-exempt status using EIN 202577597 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bourbon County High Band Inc. demonstrates a fluctuating financial performance over the past decade, with revenues and expenses varying significantly year-to-year. For instance, in 2022, revenue was $253,879, while in 2023, it dropped to $92,722. The organization consistently reports zero liabilities and zero officer compensation, indicating a lean operational structure and a commitment to directing funds towards its mission. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in multiple years, such as in 2023 ($140,024 expenses vs. $92,722 revenue) and 2022 ($293,609 expenses vs. $253,879 revenue). This trend suggests a reliance on prior year reserves or future fundraising to cover operational costs.
The organization's assets have also shown considerable variability, peaking at $152,042 in 2021 and declining to $65,010 in 2023. The consistent reporting of zero officer compensation is a strong indicator of transparency and a focus on program delivery, as it suggests a volunteer-driven leadership or that compensation is covered by other entities. The NTEE code A116 (High School & Collegiate Bands) aligns well with the organization's name, suggesting a clear programmatic focus. While the financial fluctuations warrant attention, the absence of liabilities and officer compensation are positive indicators of financial stewardship and transparency.
Given the nature of supporting a high school band, which often involves significant event-based fundraising and expenditures, these fluctuations might be typical. However, consistent deficits could pose long-term sustainability challenges if not addressed through strategic financial planning or increased fundraising efforts. The organization's transparency is high regarding executive compensation and liabilities, which are consistently reported as zero.