Bang On A Can Inc
Bang On A Can Inc shows stable assets and zero reported officer compensation, but experienced a deficit in its latest fiscal period.
EIN: 133392963 · Brooklyn, NY · NTEE: A680 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.1M |
| Transparency Score | 88/100 |
Is Bang On A Can Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bang On A Can Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bang On A Can Inc
Bang On A Can Inc (EIN: 133392963) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A680. The organization reported total revenue of $3.3M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bang On A Can Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bang On A Can Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-238,644 |
| Total Assets | $1.2M |
| Total Liabilities | $151K |
| Net Assets | $1.1M |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Bang On A Can Inc reported a deficit of $239K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bang On A Can Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +21.3% | -15.3% |
| 2022 | +72.1% | +60.5% | +26.4% |
| 2021 | -13.1% | +11.8% | -2.9% |
| 2020 | +4.9% | -28.2% | +66.6% |
| 2019 | -11.0% | +11.0% | -37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Bang On A Can Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bang On A Can Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $239K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer categories, which is highly favorable for an organization of its size with revenues exceeding $3 million.
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 Bang On A Can Inc's IRS 990 filings:
- Expenses ($3,811,351) exceeded revenue ($3,572,707) in the latest 202308 fiscal period, resulting in a deficit.
Strengths
The following positive indicators were identified for Bang On A Can Inc:
- Consistent reporting of 0% officer compensation across all 13 available filings, indicating strong financial stewardship.
- Healthy asset base, growing from $757,413 in 201408 to $1,215,981 in 202308.
- Low liabilities relative to assets, with liabilities at $151,288 against assets of $1,215,981 in 202308.
- Long history of public IRS 990 filings (13 filings), demonstrating strong transparency.
- Significant revenue growth over the past decade, from $1.7M to over $3.5M.
Frequently Asked Questions about Bang On A Can Inc
Is Bang On A Can Inc a legitimate charity?
Bang On A Can Inc (EIN: 133392963) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Bang On A Can Inc spend its money?
Bang On A Can Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bang On A Can Inc tax-deductible?
Bang On A Can Inc is registered as a tax-exempt nonprofit (EIN: 133392963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bang On A Can Inc CEO make?
Bang On A Can Inc's highest-compensated officer earns $3 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bang On A Can Inc's spending goes to programs?
Bang On A Can Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bang On A Can Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Bang On A Can Inc is above average for NTEE category A680 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bang On A Can Inc located?
Bang On A Can Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133392963. It is classified under NTEE code A680.
How many years of IRS 990 filings does Bang On A Can Inc have?
Bang On A Can Inc 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 $3.3M in total revenue.
Is Bang On A Can Inc financially stable?
Yes, the organization appears generally stable with assets of $1,215,981 in 202308 and a history of managing fluctuating revenues, though the recent deficit of $238,644 in 202308 warrants attention.
How does Bang On A Can Inc manage executive compensation?
Bang On A Can Inc consistently reports 0% for officer compensation across all 13 available filings, suggesting a strong commitment to directing funds towards its mission rather than high executive salaries.
Has Bang On A Can Inc's revenue grown over time?
Yes, revenue has generally grown, increasing from $1,727,426 in 201408 to $3,572,707 in 202308, indicating increasing support for its activities.
Filing History
IRS 990 filing history for Bang On A Can Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bang On A Can Inc's revenue has grown by 133.5%, moving from $1.5M to $3.6M. Total assets increased by 27.4% over the same period, from $954K to $1.2M. Total functional expenses rose by 136.9%, from $1.6M to $3.8M. In its most recent filing year (2023), Bang On A Can Inc reported a deficit of $239K, with expenses exceeding revenue. The organization holds $151K in liabilities against $1.2M in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.8M | $1.2M | $151K | — | View 990 |
| 2022 | $3.3M | $3.1M | $1.4M | $132K | — | View 990 |
| 2021 | $1.9M | $2.0M | $1.1M | $26K | — | View 990 |
| 2020 | $2.2M | $1.8M | $1.2M | $40K | — | — |
| 2019 | $2.1M | $2.4M | $702K | $52K | — | View 990 |
| 2018 | $2.4M | $2.2M | $1.1M | $168K | — | View 990 |
| 2017 | $2.1M | $2.2M | $935K | $164K | — | View 990 |
| 2016 | $2.3M | $2.2M | $851K | $48K | — | View 990 |
| 2015 | $2.0M | $2.0M | $809K | $87K | — | View 990 |
| 2014 | $1.7M | $2.0M | $757K | $52K | — | View 990 |
| 2013 | $2.0M | $2.0M | $1.0M | $53K | — | View 990 |
| 2012 | $1.9M | $1.7M | $1.0M | $28K | — | View 990 |
| 2011 | $1.5M | $1.6M | $954K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.8M, and assets of $1.2M (revenue +7.2% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.1M, and assets of $1.4M (revenue +72.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $1.1M (revenue -13.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $1.2M (revenue +4.9% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.4M, and assets of $702K (revenue -11.0% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.2M, and assets of $1.1M (revenue +11.8% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.2M, and assets of $935K (revenue -5.5% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $851K (revenue +14.1% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $809K (revenue +14.6% year-over-year).
- 2014: Revenue of $1.7M, expenses of $2.0M, and assets of $757K (revenue -12.1% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $1.0M (revenue +4.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $1.0M (revenue +22.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.6M, and assets of $954K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bang On A Can Inc:
Data Sources and Methodology
This transparency report for Bang On A Can Inc 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.