Buddy Stewarts Memorial Music Foundation
EIN: 721444935 · Baton Rouge, LA · NTEE: A26
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $27K |
| Net Assets | $19K |
Is Buddy Stewarts Memorial Music Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Buddy Stewarts Memorial Music Foundation
Buddy Stewarts Memorial Music Foundation (EIN: 721444935) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A26. The organization reported total revenue of $34K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buddy Stewarts Memorial Music Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buddy Stewarts Memorial Music Foundation is a micro nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $27K |
| Surplus / Deficit | +$7K |
| Total Assets | $199K |
| Total Liabilities | $180K |
| Net Assets | $19K |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 90.6% |
| Months of Reserves | 88.9 months |
Financial Health Grade: A
In 2021, Buddy Stewarts Memorial Music Foundation reported a surplus of $7K with revenue exceeding expenses, holds 88.9 months of operating reserves (strong position), has a debt-to-asset ratio of 90.6% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Buddy Stewarts Memorial Music Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +27.7% | -15.3% | -0.4% |
| 2020 | -46.3% | -35.9% | -5.8% |
| 2019 | +1.2% | -8.2% | +0.0% |
| 2018 | -20.7% | -19.6% | -2.4% |
| 2017 | -24.0% | -28.8% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Buddy Stewarts Memorial Music Foundation 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 Buddy Stewarts Memorial Music Foundation 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.6%.
Frequently Asked Questions about Buddy Stewarts Memorial Music Foundation
Is Buddy Stewarts Memorial Music Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Buddy Stewarts Memorial Music Foundation (EIN: 721444935) insufficient data. 0 red flags identified, 0 strengths noted.
How does Buddy Stewarts Memorial Music Foundation spend its money?
Detailed spending breakdown data is not yet available for Buddy Stewarts Memorial Music Foundation. Check back for updated IRS 990 analysis.
Are donations to Buddy Stewarts Memorial Music Foundation tax-deductible?
Buddy Stewarts Memorial Music Foundation is registered as a tax-exempt nonprofit (EIN: 721444935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Buddy Stewarts Memorial Music Foundation located?
Buddy Stewarts Memorial Music Foundation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 721444935. It is classified under NTEE code A26.
How many years of IRS 990 filings does Buddy Stewarts Memorial Music Foundation have?
Buddy Stewarts Memorial Music Foundation has 11 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 $34K in total revenue.
Filing History
IRS 990 filing history for Buddy Stewarts Memorial Music Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Buddy Stewarts Memorial Music Foundation's revenue has declined by 69.2%, moving from $110K to $34K. Total assets increased by 8% over the same period, from $184K to $199K. Total functional expenses fell by 77.3%, from $118K to $27K. In its most recent filing year (2021), Buddy Stewarts Memorial Music Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $180K in liabilities against $199K in assets (debt-to-asset ratio: 90.6%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $34K | $27K | $199K | $180K | — | View 990 |
| 2020 | $27K | $32K | $199K | $188K | — | — |
| 2019 | $49K | $49K | $212K | $195K | — | View 990 |
| 2018 | $49K | $54K | $212K | $195K | — | View 990 |
| 2017 | $62K | $67K | $217K | $195K | — | — |
| 2016 | $81K | $94K | $244K | $217K | — | View 990 |
| 2015 | $102K | $90K | $239K | $199K | — | View 990 |
| 2014 | $68K | $95K | $241K | $214K | — | View 990 |
| 2013 | $149K | $96K | $232K | $178K | — | View 990 |
| 2012 | $98K | $79K | $171K | $170K | — | View 990 |
| 2011 | $110K | $118K | $184K | $202K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $34K, expenses of $27K, and assets of $199K (revenue +27.7% year-over-year).
- 2020: Revenue of $27K, expenses of $32K, and assets of $199K (revenue -46.3% year-over-year).
- 2019: Revenue of $49K, expenses of $49K, and assets of $212K (revenue +1.2% year-over-year).
- 2018: Revenue of $49K, expenses of $54K, and assets of $212K (revenue -20.7% year-over-year).
- 2017: Revenue of $62K, expenses of $67K, and assets of $217K (revenue -24.0% year-over-year).
- 2016: Revenue of $81K, expenses of $94K, and assets of $244K (revenue -21.0% year-over-year).
- 2015: Revenue of $102K, expenses of $90K, and assets of $239K (revenue +51.0% year-over-year).
- 2014: Revenue of $68K, expenses of $95K, and assets of $241K (revenue -54.5% year-over-year).
- 2013: Revenue of $149K, expenses of $96K, and assets of $232K (revenue +52.6% year-over-year).
- 2012: Revenue of $98K, expenses of $79K, and assets of $171K (revenue -11.2% year-over-year).
- 2011: Revenue of $110K, expenses of $118K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buddy Stewarts Memorial Music Foundation:
Data Sources and Methodology
This transparency report for Buddy Stewarts Memorial Music Foundation 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.