Backpack Buddies Of Pascagoula
EIN: 473661929 · Pascagoula, MS · NTEE: K30
| Metric | Value |
|---|---|
| Total Expenses | $29K |
| Net Assets | $31K |
Is Backpack Buddies Of Pascagoula Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Backpack Buddies Of Pascagoula
Backpack Buddies Of Pascagoula (EIN: 473661929) is a nonprofit organization based in Pascagoula, MS, classified under NTEE code K30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Backpack Buddies Of Pascagoula's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Backpack Buddies Of Pascagoula is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2016–2020). Revenue has grown at a compound annual rate of -22.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $29K |
| Surplus / Deficit | $-2,289 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -8.7% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2020, Backpack Buddies Of Pascagoula reported a deficit of $2K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2016–2020), Backpack Buddies Of Pascagoula's revenue has declined at a compound annual growth rate (CAGR) of -22.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +43.9% | -17.7% | -6.9% |
| 2019 | -10.0% | +56.9% | -33.0% |
| 2018 | +8.8% | +37.4% | -3.6% |
| 2017 | -74.0% | -31.4% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Backpack Buddies Of Pascagoula 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 Backpack Buddies Of Pascagoula 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Backpack Buddies Of Pascagoula
Is Backpack Buddies Of Pascagoula a legitimate charity?
Backpack Buddies Of Pascagoula (EIN: 473661929) is a registered tax-exempt nonprofit based in Mississippi. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Backpack Buddies Of Pascagoula spend its money?
Backpack Buddies Of Pascagoula reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Backpack Buddies Of Pascagoula tax-deductible?
Backpack Buddies Of Pascagoula is registered as a tax-exempt nonprofit (EIN: 473661929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Backpack Buddies Of Pascagoula located?
Backpack Buddies Of Pascagoula is headquartered in Pascagoula, Mississippi and files with the IRS under EIN 473661929. It is classified under NTEE code K30.
How many years of IRS 990 filings does Backpack Buddies Of Pascagoula have?
Backpack Buddies Of Pascagoula has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Backpack Buddies Of Pascagoula showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2020), Backpack Buddies Of Pascagoula's revenue has declined by 63.4%, moving from $72K to $26K. Total assets decreased by 36.7% over the same period, from $49K to $31K. Total functional expenses rose by 21.7%, from $23K to $29K. In its most recent filing year (2020), Backpack Buddies Of Pascagoula reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $26K | $29K | $31K | $0 | — | View 990 |
| 2019 | $18K | $35K | $33K | $0 | — | View 990 |
| 2018 | $20K | $22K | $50K | $0 | — | View 990 |
| 2017 | $19K | $16K | $52K | $0 | — | View 990 |
| 2016 | $72K | $23K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $26K, expenses of $29K, and assets of $31K (revenue +43.9% year-over-year).
- 2019: Revenue of $18K, expenses of $35K, and assets of $33K (revenue -10.0% year-over-year).
- 2018: Revenue of $20K, expenses of $22K, and assets of $50K (revenue +8.8% year-over-year).
- 2017: Revenue of $19K, expenses of $16K, and assets of $52K (revenue -74.0% year-over-year).
- 2016: Revenue of $72K, expenses of $23K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Backpack Buddies Of Pascagoula:
Data Sources and Methodology
This transparency report for Backpack Buddies Of Pascagoula 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.