Bulls Gap Railroad Museum Association
EIN: 810613135 · Bulls Gap, TN · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $70K |
| Net Assets | $237K |
Is Bulls Gap Railroad Museum Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bulls Gap Railroad Museum Association
Bulls Gap Railroad Museum Association (EIN: 810613135) is a nonprofit organization based in Bulls Gap, TN, classified under NTEE code L20. The organization reported total revenue of $89K and total assets of $210K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bulls Gap Railroad Museum Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bulls Gap Railroad Museum Association is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $70K |
| Surplus / Deficit | $-3,390 |
| Total Assets | $239K |
| Total Liabilities | $2K |
| Net Assets | $237K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 40.8 months |
Financial Health Grade: B
In 2023, Bulls Gap Railroad Museum Association reported a deficit of $3K with expenses exceeding revenue, holds 40.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bulls Gap Railroad Museum Association's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.6% | +23.5% | -2.8% |
| 2022 | -15.0% | -15.0% | -5.2% |
| 2021 | +46.6% | +8.2% | -5.5% |
| 2020 | -24.6% | +7.6% | -4.6% |
| 2019 | +27.6% | +23.4% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bulls Gap Railroad Museum Association 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 Bulls Gap Railroad Museum Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Bulls Gap Railroad Museum Association
Is Bulls Gap Railroad Museum Association a legitimate charity?
Bulls Gap Railroad Museum Association (EIN: 810613135) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $89K. No red flags identified. Financial health grade: B.
How does Bulls Gap Railroad Museum Association spend its money?
Bulls Gap Railroad Museum Association reported $89K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bulls Gap Railroad Museum Association tax-deductible?
Bulls Gap Railroad Museum Association is registered as a tax-exempt nonprofit (EIN: 810613135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bulls Gap Railroad Museum Association located?
Bulls Gap Railroad Museum Association is headquartered in Bulls Gap, Tennessee and files with the IRS under EIN 810613135. It is classified under NTEE code L20.
How many years of IRS 990 filings does Bulls Gap Railroad Museum Association have?
Bulls Gap Railroad Museum Association has 13 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 $89K in total revenue.
Filing History
IRS 990 filing history for Bulls Gap Railroad Museum Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bulls Gap Railroad Museum Association's revenue has declined by 32.3%, moving from $99K to $67K. Total assets decreased by 11.6% over the same period, from $270K to $239K. Total functional expenses rose by 88.5%, from $37K to $70K. In its most recent filing year (2023), Bulls Gap Railroad Museum Association reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2K in liabilities against $239K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $237K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $70K | $239K | $2K | — | — |
| 2022 | $46K | $57K | $246K | $6K | — | View 990 |
| 2021 | $54K | $67K | $259K | $10K | — | — |
| 2020 | $37K | $62K | $274K | $13K | — | — |
| 2019 | $49K | $57K | $288K | $4K | — | View 990 |
| 2018 | $38K | $47K | $290K | $5K | — | View 990 |
| 2017 | $41K | $48K | $300K | $5K | — | View 990 |
| 2016 | $50K | $51K | $301K | $8K | — | View 990 |
| 2015 | $40K | $58K | $297K | $12K | — | View 990 |
| 2014 | $38K | $53K | $323K | $15K | — | View 990 |
| 2013 | $39K | $33K | $341K | $23K | — | View 990 |
| 2012 | $121K | $38K | $350K | $32K | — | View 990 |
| 2011 | $99K | $37K | $270K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $70K, and assets of $239K (revenue +46.6% year-over-year).
- 2022: Revenue of $46K, expenses of $57K, and assets of $246K (revenue -15.0% year-over-year).
- 2021: Revenue of $54K, expenses of $67K, and assets of $259K (revenue +46.6% year-over-year).
- 2020: Revenue of $37K, expenses of $62K, and assets of $274K (revenue -24.6% year-over-year).
- 2019: Revenue of $49K, expenses of $57K, and assets of $288K (revenue +27.6% year-over-year).
- 2018: Revenue of $38K, expenses of $47K, and assets of $290K (revenue -6.1% year-over-year).
- 2017: Revenue of $41K, expenses of $48K, and assets of $300K (revenue -19.4% year-over-year).
- 2016: Revenue of $50K, expenses of $51K, and assets of $301K (revenue +26.3% year-over-year).
- 2015: Revenue of $40K, expenses of $58K, and assets of $297K (revenue +3.8% year-over-year).
- 2014: Revenue of $38K, expenses of $53K, and assets of $323K (revenue -1.0% year-over-year).
- 2013: Revenue of $39K, expenses of $33K, and assets of $341K (revenue -68.1% year-over-year).
- 2012: Revenue of $121K, expenses of $38K, and assets of $350K (revenue +23.1% year-over-year).
- 2011: Revenue of $99K, expenses of $37K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bulls Gap Railroad Museum Association:
Data Sources and Methodology
This transparency report for Bulls Gap Railroad Museum Association 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.