Back To School Celebration
Back To School Celebration faces recent financial deficits and declining assets, but maintains zero liabilities and no officer compensation.
EIN: 202305971 · Providence, RI · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $112K |
| Program Spending | 80% |
| Net Assets | $40K |
| Transparency Score | 75/100 |
Is Back To School Celebration Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Back To School Celebration directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Back To School Celebration
Back To School Celebration (EIN: 202305971) is a nonprofit organization based in Providence, RI, classified under NTEE code P20. The organization reported total revenue of $88K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Back To School Celebration's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Back To School Celebration is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $112K |
| Surplus / Deficit | $-21,753 |
| Total Assets | $40K |
| Net Assets | $40K |
| Operating Margin | -24.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2023, Back To School Celebration reported a deficit of $22K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Back To School Celebration's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | -18.4% | -36.7% |
| 2022 | -21.0% | +29.9% | -45.6% |
| 2021 | -19.4% | +5.4% | -1.0% |
| 2020 | -20.6% | -34.6% | +33.0% |
| 2019 | +105.5% | +45.5% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Back To School Celebration with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Back To School Celebration allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for donor funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Back To School Celebration's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses $112,151 vs. revenue $90,398; 2022 expenses $137,389 vs. revenue $82,572).
- Significant decline in assets from $118,041 in 2020 to $40,235 in 2023, indicating reliance on reserves to cover expenses.
Strengths
The following positive indicators were identified for Back To School Celebration:
- Zero officer compensation reported across all filings, indicating high efficiency in executive overhead.
- Zero liabilities reported across all filings, demonstrating strong financial management and no debt.
- Long operational history (13 filings) suggests stability and commitment to its mission.
- Consistent filing of IRS Form 990s, indicating transparency.
Frequently Asked Questions about Back To School Celebration
Is Back To School Celebration a legitimate charity?
Based on AI analysis of IRS 990 filings, Back To School Celebration (EIN: 202305971) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Back To School Celebration spend its money?
Back To School Celebration directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Back To School Celebration tax-deductible?
Back To School Celebration is registered as a tax-exempt nonprofit (EIN: 202305971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Back To School Celebration's spending goes to programs?
Back To School Celebration directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Back To School Celebration compare to similar nonprofits?
With a transparency score of 75/100 (Good), Back To School Celebration is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Back To School Celebration located?
Back To School Celebration is headquartered in Providence, Rhode Island and files with the IRS under EIN 202305971. It is classified under NTEE code P20.
How many years of IRS 990 filings does Back To School Celebration have?
Back To School Celebration has 13 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 $88K in total revenue.
Is Back To School Celebration a good charity?
Back To School Celebration appears to be a committed charity with a long operational history and no reported officer compensation. While it has faced recent financial deficits and declining assets, its consistent mission delivery and lack of liabilities are positive indicators. A deeper look into its program impact and specific expense allocations would provide a more definitive answer.
Why are the organization's assets declining?
The organization's assets have declined from a peak of $118,041 in 2020 to $40,235 in 2023. This decline coincides with periods where expenses have exceeded revenue (e.g., 2022 and 2023), suggesting the organization may be drawing down its reserves to cover operational costs.
How does the organization fund its operations given recent deficits?
In recent years (2022 and 2023), the organization's expenses have exceeded its revenue. It appears to be funding these deficits by utilizing its accumulated assets, as indicated by the significant decrease in total assets during these periods.
What is the trend in revenue for Back To School Celebration?
Revenue for Back To School Celebration has fluctuated significantly over the years, ranging from a low of $65,624 in 2017 to a high of $163,203 in 2019. More recently, revenue has seen a slight decline from $104,510 in 2021 to $90,398 in 2023, after a dip to $82,572 in 2022.
Filing History
IRS 990 filing history for Back To School Celebration showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Back To School Celebration's revenue has grown by 5.5%, moving from $86K to $90K. Total assets increased by 57.5% over the same period, from $26K to $40K. Total functional expenses rose by 51.7%, from $74K to $112K. In its most recent filing year (2023), Back To School Celebration reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $112K | $40K | $0 | — | — |
| 2022 | $83K | $137K | $64K | $0 | — | View 990 |
| 2021 | $105K | $106K | $117K | $0 | — | — |
| 2020 | $130K | $100K | $118K | $0 | — | — |
| 2019 | $163K | $153K | $89K | $0 | — | View 990 |
| 2018 | $79K | $105K | $84K | $0 | — | View 990 |
| 2017 | $66K | $109K | $109K | $0 | — | View 990 |
| 2016 | $154K | $102K | $153K | $0 | — | View 990 |
| 2015 | $115K | $83K | $101K | $0 | — | View 990 |
| 2014 | $116K | $115K | $79K | $0 | — | View 990 |
| 2013 | $136K | $102K | $23K | $0 | — | View 990 |
| 2012 | $101K | $0 | $43K | $0 | — | View 990 |
| 2011 | $86K | $74K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $112K, and assets of $40K (revenue +9.5% year-over-year).
- 2022: Revenue of $83K, expenses of $137K, and assets of $64K (revenue -21.0% year-over-year).
- 2021: Revenue of $105K, expenses of $106K, and assets of $117K (revenue -19.4% year-over-year).
- 2020: Revenue of $130K, expenses of $100K, and assets of $118K (revenue -20.6% year-over-year).
- 2019: Revenue of $163K, expenses of $153K, and assets of $89K (revenue +105.5% year-over-year).
- 2018: Revenue of $79K, expenses of $105K, and assets of $84K (revenue +21.0% year-over-year).
- 2017: Revenue of $66K, expenses of $109K, and assets of $109K (revenue -57.3% year-over-year).
- 2016: Revenue of $154K, expenses of $102K, and assets of $153K (revenue +34.3% year-over-year).
- 2015: Revenue of $115K, expenses of $83K, and assets of $101K (revenue -1.2% year-over-year).
- 2014: Revenue of $116K, expenses of $115K, and assets of $79K (revenue -14.9% year-over-year).
- 2013: Revenue of $136K, expenses of $102K, and assets of $23K (revenue +34.2% year-over-year).
- 2012: Revenue of $101K, expenses of $0, and assets of $43K (revenue +18.3% year-over-year).
- 2011: Revenue of $86K, expenses of $74K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Back To School Celebration:
Data Sources and Methodology
This transparency report for Back To School Celebration 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.