Aamu Magic City Metro Alumni Chapter
EIN: 862821623 · Birmingham, AL · NTEE: B84
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $55K |
| Net Assets | $39K |
Is Aamu Magic City Metro Alumni Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aamu Magic City Metro Alumni Chapter
Aamu Magic City Metro Alumni Chapter (EIN: 862821623) is a nonprofit organization based in Birmingham, AL, classified under NTEE code B84. The organization reported total revenue of $38K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aamu Magic City Metro Alumni Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aamu Magic City Metro Alumni Chapter is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $55K |
| Surplus / Deficit | +$4K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 6.2% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Aamu Magic City Metro Alumni Chapter reported a surplus of $4K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Aamu Magic City Metro Alumni Chapter's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +59.2% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aamu Magic City Metro Alumni Chapter 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 Aamu Magic City Metro Alumni Chapter 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Aamu Magic City Metro Alumni Chapter
Is Aamu Magic City Metro Alumni Chapter a legitimate charity?
Aamu Magic City Metro Alumni Chapter (EIN: 862821623) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. Total revenue: $38K. No red flags identified. Financial health grade: A.
How does Aamu Magic City Metro Alumni Chapter spend its money?
Aamu Magic City Metro Alumni Chapter reported $38K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aamu Magic City Metro Alumni Chapter tax-deductible?
Aamu Magic City Metro Alumni Chapter is registered as a tax-exempt nonprofit (EIN: 862821623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aamu Magic City Metro Alumni Chapter located?
Aamu Magic City Metro Alumni Chapter is headquartered in Birmingham, Alabama and files with the IRS under EIN 862821623. It is classified under NTEE code B84.
How many years of IRS 990 filings does Aamu Magic City Metro Alumni Chapter have?
Aamu Magic City Metro Alumni Chapter has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $38K in total revenue.
Filing History
IRS 990 filing history for Aamu Magic City Metro Alumni Chapter showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Aamu Magic City Metro Alumni Chapter's revenue has grown by 23.9%, moving from $48K to $59K. Total assets increased by 10.2% over the same period, from $36K to $39K. Total functional expenses rose by 59.2%, from $35K to $55K. In its most recent filing year (2023), Aamu Magic City Metro Alumni Chapter reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $55K | $39K | $0 | — | View 990 |
| 2022 | $48K | $35K | $36K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aamu Magic City Metro Alumni Chapter:
Data Sources and Methodology
This transparency report for Aamu Magic City Metro Alumni Chapter 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.