Bytm Building Youth Through Music
EIN: 412194382 · Tacoma, WA · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $739K |
| Total Expenses | $359K |
Is Bytm Building Youth Through Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bytm Building Youth Through Music
Bytm Building Youth Through Music (EIN: 412194382) is a nonprofit organization based in Tacoma, WA, classified under NTEE code A23. The organization reported total revenue of $739K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bytm Building Youth Through Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bytm Building Youth Through Music is a small nonprofit that has been operating for 20 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $359K |
| Surplus / Deficit | $-544 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -0.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Bytm Building Youth Through Music reported a deficit of $544 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2015–2023), Bytm Building Youth Through Music's revenue has grown at a compound annual growth rate (CAGR) of 45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +142.3% | — | -100.0% |
| 2022 | +72.5% | -100.0% | +83.7% |
| 2021 | +312.5% | +675.8% | -43.3% |
| 2017 | -70.2% | -69.1% | -1.1% |
| 2016 | +290.7% | -16.7% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bytm Building Youth Through Music 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 Bytm Building Youth Through Music 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 $544, with expenses exceeding revenue.
Frequently Asked Questions about Bytm Building Youth Through Music
Is Bytm Building Youth Through Music a legitimate charity?
Bytm Building Youth Through Music (EIN: 412194382) is a registered tax-exempt nonprofit based in Washington. It has 6 years of IRS 990 filings on record. Total revenue: $739K. No red flags identified. Financial health grade: C.
How does Bytm Building Youth Through Music spend its money?
Bytm Building Youth Through Music reported $739K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bytm Building Youth Through Music tax-deductible?
Bytm Building Youth Through Music is registered as a tax-exempt nonprofit (EIN: 412194382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bytm Building Youth Through Music located?
Bytm Building Youth Through Music is headquartered in Tacoma, Washington and files with the IRS under EIN 412194382. It is classified under NTEE code A23.
How many years of IRS 990 filings does Bytm Building Youth Through Music have?
Bytm Building Youth Through Music has 6 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 $739K in total revenue.
Filing History
IRS 990 filing history for Bytm Building Youth Through Music showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Bytm Building Youth Through Music's revenue has grown by 1909%, moving from $18K to $358K. Total assets decreased by 100% over the same period, from $21K to $0. Total functional expenses rose by 598.9%, from $51K to $359K. In its most recent filing year (2023), Bytm Building Youth Through Music reported a deficit of $544, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $359K | $0 | $0 | — | — |
| 2022 | $148K | $0 | $19K | $9K | — | View 990 |
| 2021 | $86K | $102K | $11K | $148K | — | View 990 |
| 2017 | $21K | $13K | $19K | $17K | — | View 990 |
| 2016 | $70K | $43K | $19K | $10K | — | View 990 |
| 2015 | $18K | $51K | $21K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $359K, and assets of $0 (revenue +142.3% year-over-year).
- 2022: Revenue of $148K, expenses of $0, and assets of $19K (revenue +72.5% year-over-year).
- 2021: Revenue of $86K, expenses of $102K, and assets of $11K (revenue +312.5% year-over-year).
- 2017: Revenue of $21K, expenses of $13K, and assets of $19K (revenue -70.2% year-over-year).
- 2016: Revenue of $70K, expenses of $43K, and assets of $19K (revenue +290.7% year-over-year).
- 2015: Revenue of $18K, expenses of $51K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bytm Building Youth Through Music:
Data Sources and Methodology
This transparency report for Bytm Building Youth Through Music 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.