Anchorage Mayors Charity Ball
EIN: 550880420 · Anchorage, AK · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $553K |
| Total Expenses | $166K |
| Net Assets | $5K |
Is Anchorage Mayors Charity Ball Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anchorage Mayors Charity Ball
Anchorage Mayors Charity Ball (EIN: 550880420) is a nonprofit organization based in Anchorage, AK, classified under NTEE code T30. The organization reported total revenue of $553K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anchorage Mayors Charity Ball's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anchorage Mayors Charity Ball is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $166K |
| Surplus / Deficit | $-3,649 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -2.2% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Anchorage Mayors Charity Ball reported a deficit of $4K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Anchorage Mayors Charity Ball's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | -33.0% | -40.8% |
| 2022 | +11.8% | +2811.6% | -92.9% |
| 2021 | +762.0% | +92.2% | +577.4% |
| 2020 | -93.3% | -97.7% | +94.4% |
| 2019 | +10.6% | +5.8% | +956.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anchorage Mayors Charity Ball 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 Anchorage Mayors Charity Ball 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 deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Anchorage Mayors Charity Ball
Is Anchorage Mayors Charity Ball a legitimate charity?
Anchorage Mayors Charity Ball (EIN: 550880420) is a registered tax-exempt nonprofit based in Alaska. It has 14 years of IRS 990 filings on record. Total revenue: $553K. No red flags identified. Financial health grade: C.
How does Anchorage Mayors Charity Ball spend its money?
Anchorage Mayors Charity Ball reported $553K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Anchorage Mayors Charity Ball tax-deductible?
Anchorage Mayors Charity Ball is registered as a tax-exempt nonprofit (EIN: 550880420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anchorage Mayors Charity Ball located?
Anchorage Mayors Charity Ball is headquartered in Anchorage, Alaska and files with the IRS under EIN 550880420. It is classified under NTEE code T30.
How many years of IRS 990 filings does Anchorage Mayors Charity Ball have?
Anchorage Mayors Charity Ball has 14 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 $553K in total revenue.
Filing History
IRS 990 filing history for Anchorage Mayors Charity Ball showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Anchorage Mayors Charity Ball's revenue has declined by 33.1%, moving from $242K to $162K. Total assets decreased by 47.7% over the same period, from $10K to $5K. Total functional expenses fell by 32.7%, from $246K to $166K. In its most recent filing year (2023), Anchorage Mayors Charity Ball reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $166K | $5K | $0 | — | — |
| 2022 | $130K | $248K | $9K | $0 | — | View 990 |
| 2021 | $116K | $9K | $127K | $0 | — | View 990 |
| 2020 | $14K | $4K | $19K | $0 | — | View 990 |
| 2019 | $201K | $193K | $10K | $0 | — | View 990 |
| 2018 | $182K | $182K | $909 | $0 | — | View 990 |
| 2017 | $276K | $280K | $939 | $0 | — | View 990 |
| 2016 | $219K | $213K | $6K | $0 | — | View 990 |
| 2015 | $249K | $253K | $4K | $5K | — | View 990 |
| 2014 | $299K | $299K | $8K | $0 | — | View 990 |
| 2013 | $273K | $269K | $7K | $0 | — | View 990 |
| 2012 | $222K | $223K | $4K | $0 | — | View 990 |
| 2011 | $269K | $275K | $5K | $0 | — | View 990 |
| 2010 | $242K | $246K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $166K, and assets of $5K (revenue +24.6% year-over-year).
- 2022: Revenue of $130K, expenses of $248K, and assets of $9K (revenue +11.8% year-over-year).
- 2021: Revenue of $116K, expenses of $9K, and assets of $127K (revenue +762.0% year-over-year).
- 2020: Revenue of $14K, expenses of $4K, and assets of $19K (revenue -93.3% year-over-year).
- 2019: Revenue of $201K, expenses of $193K, and assets of $10K (revenue +10.6% year-over-year).
- 2018: Revenue of $182K, expenses of $182K, and assets of $909 (revenue -34.0% year-over-year).
- 2017: Revenue of $276K, expenses of $280K, and assets of $939 (revenue +26.0% year-over-year).
- 2016: Revenue of $219K, expenses of $213K, and assets of $6K (revenue -12.0% year-over-year).
- 2015: Revenue of $249K, expenses of $253K, and assets of $4K (revenue -16.8% year-over-year).
- 2014: Revenue of $299K, expenses of $299K, and assets of $8K (revenue +9.7% year-over-year).
- 2013: Revenue of $273K, expenses of $269K, and assets of $7K (revenue +22.7% year-over-year).
- 2012: Revenue of $222K, expenses of $223K, and assets of $4K (revenue -17.5% year-over-year).
- 2011: Revenue of $269K, expenses of $275K, and assets of $5K (revenue +11.2% year-over-year).
- 2010: Revenue of $242K, expenses of $246K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anchorage Mayors Charity Ball:
Data Sources and Methodology
This transparency report for Anchorage Mayors Charity Ball 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.