Blue Suede Cruise Inc
Blue Suede Cruise Inc. maintains stable finances with growing assets and no executive compensation.
EIN: 200965928 · Tupelo, MS · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $81K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $122K |
| Transparency Score | 90/100 |
Is Blue Suede Cruise Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Suede Cruise Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Suede Cruise Inc
Blue Suede Cruise Inc (EIN: 200965928) is a nonprofit organization based in Tupelo, MS, classified under NTEE code A80. The organization reported total revenue of $97K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Suede Cruise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Suede Cruise Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $81K |
| Surplus / Deficit | +$3K |
| Total Assets | $122K |
| Net Assets | $122K |
| Operating Margin | 4.0% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Blue Suede Cruise Inc reported a surplus of $3K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Blue Suede Cruise Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +12.3% | +2.8% |
| 2022 | +14.3% | +24.5% | +15.1% |
| 2021 | +576.7% | +284.5% | +22.3% |
| 2020 | -80.9% | -76.5% | -4.2% |
| 2019 | -13.4% | -6.4% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Blue Suede Cruise Inc with a Mission Score of 90 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, Blue Suede Cruise 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 surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with annual revenues approaching $100,000 and suggests a volunteer-led or very lean operational model.
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 Blue Suede Cruise Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Blue Suede Cruise Inc:
- Consistent asset growth, from $32,323 in 2014 to $121,950 in 2023.
- Zero reported liabilities across all filing periods, indicating a debt-free operation.
- 0% officer compensation, suggesting all funds are directed towards mission or operational costs.
- Positive net income in most recent years (e.g., $83,934 revenue vs. $80,592 expenses in 2023).
- Strong recovery from 2020 revenue dip ($11,298) to $83,934 in 2023.
Frequently Asked Questions about Blue Suede Cruise Inc
Is Blue Suede Cruise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Suede Cruise Inc (EIN: 200965928) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Blue Suede Cruise Inc spend its money?
Blue Suede Cruise Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Suede Cruise Inc tax-deductible?
Blue Suede Cruise Inc is registered as a tax-exempt nonprofit (EIN: 200965928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blue Suede Cruise Inc CEO make?
Blue Suede Cruise Inc's highest-compensated officer earns $100,000 annually. The organization reported $97K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blue Suede Cruise Inc's spending goes to programs?
Blue Suede Cruise Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Suede Cruise Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Blue Suede Cruise Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Suede Cruise Inc located?
Blue Suede Cruise Inc is headquartered in Tupelo, Mississippi and files with the IRS under EIN 200965928. It is classified under NTEE code A80.
How many years of IRS 990 filings does Blue Suede Cruise Inc have?
Blue Suede Cruise 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 $97K in total revenue.
Is Blue Suede Cruise Inc. a good charity?
Based on the provided financial data, Blue Suede Cruise Inc. appears to be a well-managed and financially healthy organization. Its consistent asset growth, lack of liabilities, and 0% officer compensation are strong indicators of responsible stewardship of funds.
How has Blue Suede Cruise Inc.'s financial health changed over time?
The organization's financial health has improved significantly over time. Assets have grown from $32,323 in 2014 to $121,950 in 2023, and revenue has generally remained stable or increased, with a notable dip in 2020 likely due to external factors, from which it has since recovered.
What is the organization's approach to executive compensation?
Blue Suede Cruise Inc. reports 0% officer compensation in all available filings, indicating a volunteer-driven leadership or a structure where executive roles are not compensated through the organization's funds.
Filing History
IRS 990 filing history for Blue Suede Cruise Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Suede Cruise Inc's revenue has grown by 28.1%, moving from $66K to $84K. Total assets increased by 115.4% over the same period, from $57K to $122K. Total functional expenses rose by 20.4%, from $67K to $81K. In its most recent filing year (2023), Blue Suede Cruise Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $81K | $122K | $0 | — | — |
| 2022 | $87K | $72K | $119K | $0 | — | — |
| 2021 | $76K | $58K | $103K | $0 | — | — |
| 2020 | $11K | $15K | $84K | $0 | — | View 990 |
| 2019 | $59K | $64K | $88K | $0 | — | View 990 |
| 2018 | $68K | $68K | $93K | $0 | — | View 990 |
| 2017 | $78K | $62K | $92K | $0 | — | View 990 |
| 2016 | $79K | $61K | $77K | $0 | — | View 990 |
| 2015 | $81K | $55K | $58K | $0 | — | View 990 |
| 2014 | $61K | $62K | $32K | $0 | — | View 990 |
| 2013 | $58K | $70K | $33K | $0 | — | View 990 |
| 2012 | $62K | $73K | $46K | $0 | — | View 990 |
| 2011 | $66K | $67K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $81K, and assets of $122K (revenue -3.9% year-over-year).
- 2022: Revenue of $87K, expenses of $72K, and assets of $119K (revenue +14.3% year-over-year).
- 2021: Revenue of $76K, expenses of $58K, and assets of $103K (revenue +576.7% year-over-year).
- 2020: Revenue of $11K, expenses of $15K, and assets of $84K (revenue -80.9% year-over-year).
- 2019: Revenue of $59K, expenses of $64K, and assets of $88K (revenue -13.4% year-over-year).
- 2018: Revenue of $68K, expenses of $68K, and assets of $93K (revenue -12.2% year-over-year).
- 2017: Revenue of $78K, expenses of $62K, and assets of $92K (revenue -1.6% year-over-year).
- 2016: Revenue of $79K, expenses of $61K, and assets of $77K (revenue -2.1% year-over-year).
- 2015: Revenue of $81K, expenses of $55K, and assets of $58K (revenue +32.5% year-over-year).
- 2014: Revenue of $61K, expenses of $62K, and assets of $32K (revenue +5.5% year-over-year).
- 2013: Revenue of $58K, expenses of $70K, and assets of $33K (revenue -7.5% year-over-year).
- 2012: Revenue of $62K, expenses of $73K, and assets of $46K (revenue -4.7% year-over-year).
- 2011: Revenue of $66K, expenses of $67K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Suede Cruise Inc:
Data Sources and Methodology
This transparency report for Blue Suede Cruise 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.