Band Of Angels Corp
EIN: 461617742 · Overland Park, KS · NTEE: A19
| Metric | Value |
|---|---|
| Total Revenue | $779K |
| Total Expenses | $562K |
| Net Assets | $596K |
Is Band Of Angels Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Band Of Angels Corp
Band Of Angels Corp (EIN: 461617742) is a nonprofit organization based in Overland Park, KS, classified under NTEE code A19. The organization reported total revenue of $779K and total assets of $848K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Band Of Angels Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Band Of Angels Corp is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 24.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $518K |
| Total Expenses | $562K |
| Surplus / Deficit | $-44,157 |
| Total Assets | $708K |
| Total Liabilities | $112K |
| Net Assets | $596K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 15.1 months |
Financial Health Grade: B
In 2023, Band Of Angels Corp reported a deficit of $44K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Band Of Angels Corp's revenue has grown at a compound annual growth rate (CAGR) of 24.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +36.4% | +18.6% |
| 2022 | +23.8% | +29.9% | +1.9% |
| 2021 | +23.5% | +2.3% | +35.8% |
| 2020 | +32.3% | +84.9% | +1.1% |
| 2019 | +31.3% | +36.0% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Band Of Angels Corp 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 Band Of Angels Corp 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 $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.9%.
Frequently Asked Questions about Band Of Angels Corp
Is Band Of Angels Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Band Of Angels Corp (EIN: 461617742) insufficient data. 0 red flags identified, 0 strengths noted.
How does Band Of Angels Corp spend its money?
Detailed spending breakdown data is not yet available for Band Of Angels Corp. Check back for updated IRS 990 analysis.
Are donations to Band Of Angels Corp tax-deductible?
Band Of Angels Corp is registered as a tax-exempt nonprofit (EIN: 461617742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Band Of Angels Corp located?
Band Of Angels Corp is headquartered in Overland Park, Kansas and files with the IRS under EIN 461617742. It is classified under NTEE code A19.
How many years of IRS 990 filings does Band Of Angels Corp have?
Band Of Angels Corp has 9 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 $779K in total revenue.
Filing History
IRS 990 filing history for Band Of Angels Corp showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Band Of Angels Corp's revenue has grown by 474.4%, moving from $90K to $518K. Total assets increased by 428.9% over the same period, from $134K to $708K. Total functional expenses rose by 1756.8%, from $30K to $562K. In its most recent filing year (2023), Band Of Angels Corp reported a deficit of $44K, with expenses exceeding revenue. The organization holds $112K in liabilities against $708K in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $596K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $518K | $562K | $708K | $112K | — | — |
| 2022 | $501K | $412K | $597K | $4K | — | — |
| 2021 | $404K | $317K | $586K | $502 | — | View 990 |
| 2020 | $327K | $310K | $432K | $186 | — | — |
| 2019 | $247K | $168K | $427K | $0 | — | View 990 |
| 2018 | $188K | $123K | $347K | $0 | — | View 990 |
| 2017 | $165K | $85K | $264K | $0 | — | View 990 |
| 2016 | $118K | $69K | $184K | $0 | — | View 990 |
| 2015 | $90K | $30K | $134K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $518K, expenses of $562K, and assets of $708K (revenue +3.5% year-over-year).
- 2022: Revenue of $501K, expenses of $412K, and assets of $597K (revenue +23.8% year-over-year).
- 2021: Revenue of $404K, expenses of $317K, and assets of $586K (revenue +23.5% year-over-year).
- 2020: Revenue of $327K, expenses of $310K, and assets of $432K (revenue +32.3% year-over-year).
- 2019: Revenue of $247K, expenses of $168K, and assets of $427K (revenue +31.3% year-over-year).
- 2018: Revenue of $188K, expenses of $123K, and assets of $347K (revenue +13.9% year-over-year).
- 2017: Revenue of $165K, expenses of $85K, and assets of $264K (revenue +39.7% year-over-year).
- 2016: Revenue of $118K, expenses of $69K, and assets of $184K (revenue +31.4% year-over-year).
- 2015: Revenue of $90K, expenses of $30K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Band Of Angels Corp:
Data Sources and Methodology
This transparency report for Band Of Angels Corp 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.