Allatoona Basketball Tip Off Club
EIN: 262409624 · Acworth, GA · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $182K |
| Net Assets | $15K |
Is Allatoona Basketball Tip Off Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Allatoona Basketball Tip Off Club
Allatoona Basketball Tip Off Club (EIN: 262409624) is a nonprofit organization based in Acworth, GA, classified under NTEE code N62. The organization reported total revenue of $211K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allatoona Basketball Tip Off Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allatoona Basketball Tip Off Club is a small nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $182K |
| Surplus / Deficit | +$7K |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 3.6% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2024, Allatoona Basketball Tip Off Club reported a surplus of $7K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2024), Allatoona Basketball Tip Off Club's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.0% | +30.1% | +83.5% |
| 2023 | +30.9% | +31.9% | +867.4% |
| 2021 | -15.6% | -16.3% | -86.4% |
| 2020 | -37.6% | -39.2% | — |
| 2019 | +43.6% | +41.8% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Allatoona Basketball Tip Off Club 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 Allatoona Basketball Tip Off Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about Allatoona Basketball Tip Off Club
Is Allatoona Basketball Tip Off Club a legitimate charity?
Allatoona Basketball Tip Off Club (EIN: 262409624) is a registered tax-exempt nonprofit based in Georgia. It has 11 years of IRS 990 filings on record. Total revenue: $211K. No red flags identified. Financial health grade: A.
How does Allatoona Basketball Tip Off Club spend its money?
Allatoona Basketball Tip Off Club reported $211K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Allatoona Basketball Tip Off Club tax-deductible?
Allatoona Basketball Tip Off Club is registered as a tax-exempt nonprofit (EIN: 262409624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Allatoona Basketball Tip Off Club located?
Allatoona Basketball Tip Off Club is headquartered in Acworth, Georgia and files with the IRS under EIN 262409624. It is classified under NTEE code N62.
How many years of IRS 990 filings does Allatoona Basketball Tip Off Club have?
Allatoona Basketball Tip Off Club 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 $211K in total revenue.
Filing History
IRS 990 filing history for Allatoona Basketball Tip Off Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Allatoona Basketball Tip Off Club's revenue has grown by 54.8%, moving from $122K to $189K. Total assets increased by 1.8% over the same period, from $15K to $15K. Total functional expenses rose by 59.5%, from $114K to $182K. In its most recent filing year (2024), Allatoona Basketball Tip Off Club reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $189K | $182K | $15K | $0 | — | — |
| 2023 | $140K | $140K | $8K | $0 | — | — |
| 2021 | $107K | $106K | $847 | $0 | — | View 990 |
| 2020 | $127K | $127K | $6K | $0 | — | View 990 |
| 2019 | $203K | $209K | $0 | $0 | — | View 990 |
| 2016 | $141K | $147K | $7K | $0 | — | View 990 |
| 2015 | $132K | $146K | $13K | $0 | — | View 990 |
| 2014 | $132K | $128K | $27K | $0 | — | View 990 |
| 2013 | $130K | $130K | $24K | $0 | — | View 990 |
| 2012 | $140K | $131K | $23K | $0 | — | View 990 |
| 2011 | $122K | $114K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $189K, expenses of $182K, and assets of $15K (revenue +35.0% year-over-year).
- 2023: Revenue of $140K, expenses of $140K, and assets of $8K (revenue +30.9% year-over-year).
- 2021: Revenue of $107K, expenses of $106K, and assets of $847 (revenue -15.6% year-over-year).
- 2020: Revenue of $127K, expenses of $127K, and assets of $6K (revenue -37.6% year-over-year).
- 2019: Revenue of $203K, expenses of $209K, and assets of $0 (revenue +43.6% year-over-year).
- 2016: Revenue of $141K, expenses of $147K, and assets of $7K (revenue +7.2% year-over-year).
- 2015: Revenue of $132K, expenses of $146K, and assets of $13K (revenue +-0.0% year-over-year).
- 2014: Revenue of $132K, expenses of $128K, and assets of $27K (revenue +1.7% year-over-year).
- 2013: Revenue of $130K, expenses of $130K, and assets of $24K (revenue -7.1% year-over-year).
- 2012: Revenue of $140K, expenses of $131K, and assets of $23K (revenue +14.4% year-over-year).
- 2011: Revenue of $122K, expenses of $114K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allatoona Basketball Tip Off Club:
Data Sources and Methodology
This transparency report for Allatoona Basketball Tip Off Club 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.