Bourbon County High Band Inc
Bourbon County High Band Inc. experiences fluctuating revenues and expenses, frequently operating at a deficit while maintaining zero officer compensation and liabilities.
EIN: 202577597 · Paris, KY · NTEE: A116 · Updated: 2026-03-28
Is Bourbon County High Band Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bourbon County High Band Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bourbon County High Band Inc
Bourbon County High Band Inc (EIN: 202577597) is a nonprofit organization based in Paris, KY, classified under NTEE code A116. The organization reported total revenue of $108K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bourbon County High Band Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bourbon County High Band Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Bourbon County High Band Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated by an external entity, which is a strong positive for financial efficiency.
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 Bourbon County High Band Inc's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2022, 2019, 2018, 2016, 2014) where expenses exceed revenue.
- Significant year-over-year fluctuations in revenue and assets, indicating potential instability in funding or financial management.
Strengths
The following positive indicators were identified for Bourbon County High Band Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven or externally compensated leadership.
- Zero reported liabilities across all filings, suggesting sound debt management.
- Clear alignment with its NTEE code (A116 - High School & Collegiate Bands) and organizational name, indicating a focused mission.
- Strong transparency regarding executive compensation and liabilities.
Frequently Asked Questions about Bourbon County High Band Inc
Is Bourbon County High Band Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bourbon County High Band Inc (EIN: 202577597) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Bourbon County High Band Inc spend its money?
Bourbon County High Band Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bourbon County High Band Inc tax-deductible?
Bourbon County High Band Inc is registered as a tax-exempt nonprofit (EIN: 202577597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bourbon County High Band Inc. financially sustainable given its frequent operating deficits?
The organization has operated at a deficit in several years (e.g., 2023, 2022, 2019, 2018), with expenses exceeding revenue. While assets have been used to cover these deficits, long-term sustainability would benefit from more consistent revenue generation or expense management to avoid depleting reserves.
How does the organization cover its expenses when revenue is lower than expenses?
When expenses exceed revenue, the organization likely draws from its accumulated assets. For example, in 2023, expenses were $140,024 against $92,722 in revenue, suggesting a draw from the $112,312 assets reported in 2022 to cover the difference and resulting in $65,010 assets in 2023.
What is the typical range of annual revenue for this organization?
Over the past decade, annual revenue has ranged significantly, from a low of $56,767 in 2016 to a high of $253,879 in 2022, indicating considerable variability in fundraising success or activity levels.
Filing History
IRS 990 filing history for Bourbon County High Band Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Bourbon County High Band Inc's revenue has grown by 51%, moving from $61K to $93K. Total assets increased by 190.4% over the same period, from $22K to $65K. Total functional expenses rose by 95.5%, from $72K to $140K. In its most recent filing year (2023), Bourbon County High Band Inc reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $140K | $65K | $0 | — | — |
| 2022 | $254K | $294K | $112K | $0 | — | View 990 |
| 2021 | $181K | $118K | $152K | $0 | — | — |
| 2020 | $69K | $50K | $88K | $0 | — | — |
| 2019 | $88K | $89K | $69K | $0 | — | View 990 |
| 2018 | $65K | $89K | $22K | $0 | — | View 990 |
| 2017 | $69K | $59K | $46K | $0 | — | View 990 |
| 2016 | $57K | $79K | $35K | $0 | — | View 990 |
| 2015 | $76K | $73K | $57K | $0 | — | View 990 |
| 2014 | $174K | $131K | $54K | $0 | — | View 990 |
| 2013 | $134K | $147K | $11K | $0 | — | View 990 |
| 2011 | $72K | $65K | $26K | $0 | — | View 990 |
| 2010 | $61K | $72K | $22K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $140K, and assets of $65K (revenue -63.5% year-over-year).
- 2022: Revenue of $254K, expenses of $294K, and assets of $112K (revenue +39.9% year-over-year).
- 2021: Revenue of $181K, expenses of $118K, and assets of $152K (revenue +161.9% year-over-year).
- 2020: Revenue of $69K, expenses of $50K, and assets of $88K (revenue -21.0% year-over-year).
- 2019: Revenue of $88K, expenses of $89K, and assets of $69K (revenue +34.7% year-over-year).
- 2018: Revenue of $65K, expenses of $89K, and assets of $22K (revenue -6.3% year-over-year).
- 2017: Revenue of $69K, expenses of $59K, and assets of $46K (revenue +22.4% year-over-year).
- 2016: Revenue of $57K, expenses of $79K, and assets of $35K (revenue -25.1% year-over-year).
- 2015: Revenue of $76K, expenses of $73K, and assets of $57K (revenue -56.5% year-over-year).
- 2014: Revenue of $174K, expenses of $131K, and assets of $54K (revenue +30.5% year-over-year).
- 2013: Revenue of $134K, expenses of $147K, and assets of $11K (revenue +85.5% year-over-year).
- 2011: Revenue of $72K, expenses of $65K, and assets of $26K (revenue +17.3% year-over-year).
- 2010: Revenue of $61K, expenses of $72K, and assets of $22K.
Data Sources and Methodology
This transparency report for Bourbon County High Band 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.