Borinqueneers Congressional Gold Medal Ceremony National Committee
EIN: 474092671 · Millsboro, DE · NTEE: W30
Is Borinqueneers Congressional Gold Medal Ceremony National Committee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Borinqueneers Congressional Gold Medal Ceremony National Committee
Borinqueneers Congressional Gold Medal Ceremony National Committee (EIN: 474092671) is a nonprofit organization based in Millsboro, DE, classified under NTEE code W30. 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 Borinqueneers Congressional Gold Medal Ceremony National Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Borinqueneers Congressional Gold Medal Ceremony National Committee is a micro nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2016–2020). Revenue has grown at a compound annual rate of -66.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $982 |
| Total Expenses | $1K |
| Surplus / Deficit | $-487 |
| Total Assets | $-1,931 |
| Net Assets | $-1,931 |
| Operating Margin | -49.6% |
| Months of Reserves | -15.8 months |
Financial Health Grade: C
In 2020, Borinqueneers Congressional Gold Medal Ceremony National Committee reported a deficit of $487 with expenses exceeding revenue, holds -15.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2016–2020), Borinqueneers Congressional Gold Medal Ceremony National Committee's revenue has declined at a compound annual growth rate (CAGR) of -66.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -80.4% | -70.7% | — |
| 2019 | +88.7% | +21.6% | — |
| 2018 | -59.9% | -44.0% | — |
| 2017 | -91.0% | -89.8% | -141.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Borinqueneers Congressional Gold Medal Ceremony National Committee 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 Borinqueneers Congressional Gold Medal Ceremony National Committee 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 $487, with expenses exceeding revenue.
Frequently Asked Questions about Borinqueneers Congressional Gold Medal Ceremony National Committee
Is Borinqueneers Congressional Gold Medal Ceremony National Committee a legitimate charity?
Borinqueneers Congressional Gold Medal Ceremony National Committee (EIN: 474092671) is a registered tax-exempt nonprofit based in Delaware. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Borinqueneers Congressional Gold Medal Ceremony National Committee spend its money?
Borinqueneers Congressional Gold Medal Ceremony National Committee 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 Borinqueneers Congressional Gold Medal Ceremony National Committee tax-deductible?
Borinqueneers Congressional Gold Medal Ceremony National Committee is registered as a tax-exempt nonprofit (EIN: 474092671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Borinqueneers Congressional Gold Medal Ceremony National Committee located?
Borinqueneers Congressional Gold Medal Ceremony National Committee is headquartered in Millsboro, Delaware and files with the IRS under EIN 474092671. It is classified under NTEE code W30.
How many years of IRS 990 filings does Borinqueneers Congressional Gold Medal Ceremony National Committee have?
Borinqueneers Congressional Gold Medal Ceremony National Committee 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 Borinqueneers Congressional Gold Medal Ceremony National Committee showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2020), Borinqueneers Congressional Gold Medal Ceremony National Committee's revenue has declined by 98.7%, moving from $74K to $982. Total assets decreased by 212.7% over the same period, from $2K to $-1,931. Total functional expenses fell by 98%, from $72K to $1K. In its most recent filing year (2020), Borinqueneers Congressional Gold Medal Ceremony National Committee reported a deficit of $487, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $982 | $1K | $-1,931 | $0 | — | View 990 |
| 2019 | $5K | $5K | $-1,444 | $0 | — | View 990 |
| 2018 | $3K | $4K | $-1,457 | $0 | — | View 990 |
| 2017 | $7K | $7K | $-711 | $0 | — | View 990 |
| 2016 | $74K | $72K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $982, expenses of $1K, and assets of $-1,931 (revenue -80.4% year-over-year).
- 2019: Revenue of $5K, expenses of $5K, and assets of $-1,444 (revenue +88.7% year-over-year).
- 2018: Revenue of $3K, expenses of $4K, and assets of $-1,457 (revenue -59.9% year-over-year).
- 2017: Revenue of $7K, expenses of $7K, and assets of $-711 (revenue -91.0% year-over-year).
- 2016: Revenue of $74K, expenses of $72K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Borinqueneers Congressional Gold Medal Ceremony National Committee:
Data Sources and Methodology
This transparency report for Borinqueneers Congressional Gold Medal Ceremony National Committee 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.