Botts Beauty Barber Foundation Inc
EIN: 842153133 · Lexington, KY · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $725 |
| Total Expenses | $696 |
| Net Assets | $3K |
Is Botts Beauty Barber Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Botts Beauty Barber Foundation Inc
Botts Beauty Barber Foundation Inc (EIN: 842153133) is a nonprofit organization based in Lexington, KY, classified under NTEE code B30. The organization reported total revenue of $725 and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Botts Beauty Barber Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Botts Beauty Barber Foundation Inc is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -49.9%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $696 |
| Surplus / Deficit | +$814 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | 53.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.8 months |
Financial Health Grade: A
In 2020, Botts Beauty Barber Foundation Inc reported a surplus of $814 with revenue exceeding expenses, holds 48.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2019–2020), Botts Beauty Barber Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -49.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -49.9% | -30.2% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Botts Beauty Barber Foundation Inc 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 Botts Beauty Barber Foundation Inc 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 surplus of $814, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Botts Beauty Barber Foundation Inc
Is Botts Beauty Barber Foundation Inc a legitimate charity?
Botts Beauty Barber Foundation Inc (EIN: 842153133) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. Total revenue: $725. No red flags identified. Financial health grade: A.
How does Botts Beauty Barber Foundation Inc spend its money?
Botts Beauty Barber Foundation Inc reported $725 in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Botts Beauty Barber Foundation Inc tax-deductible?
Botts Beauty Barber Foundation Inc is registered as a tax-exempt nonprofit (EIN: 842153133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Botts Beauty Barber Foundation Inc located?
Botts Beauty Barber Foundation Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 842153133. It is classified under NTEE code B30.
How many years of IRS 990 filings does Botts Beauty Barber Foundation Inc have?
Botts Beauty Barber Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $725 in total revenue.
Filing History
IRS 990 filing history for Botts Beauty Barber Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Botts Beauty Barber Foundation Inc's revenue has declined by 49.9%, moving from $3K to $2K. Total assets increased by 40.4% over the same period, from $2K to $3K. Total functional expenses fell by 30.2%, from $997 to $696. In its most recent filing year (2020), Botts Beauty Barber Foundation Inc reported a surplus of $814, with revenue exceeding expenses. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2K | $696 | $3K | $1 | — | View 990 |
| 2019 | $3K | $997 | $2K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Botts Beauty Barber Foundation Inc:
Data Sources and Methodology
This transparency report for Botts Beauty Barber Foundation 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.