Bo Matthews Center Of Excellence
EIN: 260056332 · Huntsville, AL · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $88K |
| Net Assets | $-87,782 |
Is Bo Matthews Center Of Excellence Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bo Matthews Center Of Excellence
Bo Matthews Center Of Excellence (EIN: 260056332) is a nonprofit organization based in Huntsville, AL, classified under NTEE code T23. The organization reported total revenue of $35K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bo Matthews Center Of Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bo Matthews Center Of Excellence is a micro nonprofit that has been operating for 24 years, with 7 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -68.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $88K |
| Surplus / Deficit | $-87,782 |
| Total Assets | $1 |
| Total Liabilities | $88K |
| Net Assets | $-87,782 |
| Operating Margin | -8778200.0% |
| Debt-to-Asset Ratio | 8778300.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2021, Bo Matthews Center Of Excellence reported a deficit of $88K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 8778300.0% (high leverage).
Financial Trends
Over 7 years of filings (2011–2021), Bo Matthews Center Of Excellence's revenue has declined at a compound annual growth rate (CAGR) of -68.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.0% | — | +0.0% |
| 2020 | -99.9% | -100.0% | -99.0% |
| 2015 | -99.3% | -85.3% | -100.0% |
| 2014 | -4.7% | +1.4% | — |
| 2013 | +433.6% | +299.9% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bo Matthews Center Of Excellence 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 Bo Matthews Center Of Excellence 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8778300.0%.
Frequently Asked Questions about Bo Matthews Center Of Excellence
Is Bo Matthews Center Of Excellence a legitimate charity?
Based on AI analysis of IRS 990 filings, Bo Matthews Center Of Excellence (EIN: 260056332) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bo Matthews Center Of Excellence spend its money?
Detailed spending breakdown data is not yet available for Bo Matthews Center Of Excellence. Check back for updated IRS 990 analysis.
Are donations to Bo Matthews Center Of Excellence tax-deductible?
Bo Matthews Center Of Excellence is registered as a tax-exempt nonprofit (EIN: 260056332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bo Matthews Center Of Excellence located?
Bo Matthews Center Of Excellence is headquartered in Huntsville, Alabama and files with the IRS under EIN 260056332. It is classified under NTEE code T23.
How many years of IRS 990 filings does Bo Matthews Center Of Excellence have?
Bo Matthews Center Of Excellence has 7 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 $35K in total revenue.
Filing History
IRS 990 filing history for Bo Matthews Center Of Excellence showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2021), Bo Matthews Center Of Excellence's revenue has declined by 100%, moving from $105K to $1. Total assets decreased by 100% over the same period, from $222K to $1. Total functional expenses rose by 2.2%, from $86K to $88K. In its most recent filing year (2021), Bo Matthews Center Of Excellence reported a deficit of $88K, with expenses exceeding revenue. The organization holds $88K in liabilities against $1 in assets (debt-to-asset ratio: 8778300.0%), resulting in net assets of $-87,782.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1 | $88K | $1 | $88K | — | — |
| 2020 | $1 | $0 | $1 | $1 | — | — |
| 2015 | $1K | $24K | $100 | $8K | — | View 990 |
| 2014 | $168K | $166K | $269K | $12K | — | View 990 |
| 2013 | $176K | $163K | $0 | $0 | — | View 990 |
| 2012 | $33K | $41K | $211K | $160K | — | View 990 |
| 2011 | $105K | $86K | $222K | $164K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1, expenses of $88K, and assets of $1 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1 (revenue -99.9% year-over-year).
- 2015: Revenue of $1K, expenses of $24K, and assets of $100 (revenue -99.3% year-over-year).
- 2014: Revenue of $168K, expenses of $166K, and assets of $269K (revenue -4.7% year-over-year).
- 2013: Revenue of $176K, expenses of $163K, and assets of $0 (revenue +433.6% year-over-year).
- 2012: Revenue of $33K, expenses of $41K, and assets of $211K (revenue -68.4% year-over-year).
- 2011: Revenue of $105K, expenses of $86K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bo Matthews Center Of Excellence:
Data Sources and Methodology
This transparency report for Bo Matthews Center Of Excellence 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.