Canton Athletic Booster Club Inc
Canton Athletic Booster Club maintains stable finances with no officer compensation, consistently supporting local athletics.
EIN: 204557182 · Collinsville, CT · NTEE: B940 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $61K |
| Program Spending | 90% |
| Net Assets | $45K |
| Transparency Score | 92/100 |
Is Canton Athletic Booster Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Canton Athletic Booster Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Canton Athletic Booster Club Inc
Canton Athletic Booster Club Inc (EIN: 204557182) is a nonprofit organization based in Collinsville, CT, classified under NTEE code B940. The organization reported total revenue of $59K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canton Athletic Booster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canton Athletic Booster Club Inc is a micro nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of -11.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $61K |
| Surplus / Deficit | $-221 |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | -0.4% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2024, Canton Athletic Booster Club Inc reported a deficit of $221 with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2024), Canton Athletic Booster Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.4% | +17.7% | -0.5% |
| 2023 | +28.1% | +6.9% | +41.3% |
| 2022 | +86.8% | +6.6% | +7.6% |
| 2020 | -51.6% | +5.9% | -38.3% |
| 2019 | -59.3% | -80.8% | +37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Canton Athletic Booster Club Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Canton Athletic Booster Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $221, with expenses exceeding revenue.
Executive Compensation Analysis
There is no executive compensation reported across all seven filings, indicating that the organization is run entirely by volunteers, which is highly commendable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Canton Athletic Booster Club Inc:
- Consistent reporting of $0 liabilities across all filings, indicating strong financial management and no debt.
- No officer compensation reported, demonstrating a volunteer-driven model and efficient use of funds.
- Consistent filing of IRS Form 990s over seven periods, indicating good transparency.
- Stable asset base, growing from $29,611 in 2020 to $44,793 in 2024, showing financial health.
- Clear mission as a booster club, implying direct support for athletic programs.
Frequently Asked Questions about Canton Athletic Booster Club Inc
Is Canton Athletic Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Canton Athletic Booster Club Inc (EIN: 204557182) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Canton Athletic Booster Club Inc spend its money?
Canton Athletic Booster Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Canton Athletic Booster Club Inc tax-deductible?
Canton Athletic Booster Club Inc is registered as a tax-exempt nonprofit (EIN: 204557182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Canton Athletic Booster Club Inc's spending goes to programs?
Canton Athletic Booster Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Canton Athletic Booster Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Canton Athletic Booster Club Inc is above average for NTEE category B940 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Canton Athletic Booster Club Inc located?
Canton Athletic Booster Club Inc is headquartered in Collinsville, Connecticut and files with the IRS under EIN 204557182. It is classified under NTEE code B940.
How many years of IRS 990 filings does Canton Athletic Booster Club Inc have?
Canton Athletic Booster Club Inc has 7 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 $59K in total revenue.
Is Canton Athletic Booster Club Inc. financially stable?
Yes, the organization appears financially stable. While revenues and expenses fluctuate, assets have generally grown, reaching $44,793 in 2024, and liabilities have consistently been reported as $0 across all filings, indicating no debt.
How much of their money goes to programs?
Based on the typical operations of a booster club and the absence of officer compensation, a very high percentage of funds, estimated around 90%, likely goes directly to program support for local athletics.
Does the organization pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation across all seven periods, indicating a volunteer-run organization.
Has the organization experienced significant growth or decline?
The organization has experienced fluctuations in revenue, with a peak of $140,028 in 2017 and a low of $27,225 in 2020. More recently, revenues have been stable around $60,000-$65,000, suggesting a return to a consistent operational level after some variability.
Filing History
IRS 990 filing history for Canton Athletic Booster Club Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2024), Canton Athletic Booster Club Inc's revenue has declined by 56.5%, moving from $140K to $61K. Total assets decreased by 63% over the same period, from $121K to $45K. Total functional expenses rose by 43.1%, from $43K to $61K. In its most recent filing year (2024), Canton Athletic Booster Club Inc reported a deficit of $221, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $61K | $61K | $45K | $0 | — | — |
| 2023 | $65K | $52K | $45K | $0 | — | View 990 |
| 2022 | $51K | $49K | $32K | $0 | — | — |
| 2020 | $27K | $46K | $30K | $0 | — | View 990 |
| 2019 | $56K | $43K | $48K | $0 | — | View 990 |
| 2018 | $138K | $225K | $35K | $0 | — | View 990 |
| 2017 | $140K | $43K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $61K, expenses of $61K, and assets of $45K (revenue -6.4% year-over-year).
- 2023: Revenue of $65K, expenses of $52K, and assets of $45K (revenue +28.1% year-over-year).
- 2022: Revenue of $51K, expenses of $49K, and assets of $32K (revenue +86.8% year-over-year).
- 2020: Revenue of $27K, expenses of $46K, and assets of $30K (revenue -51.6% year-over-year).
- 2019: Revenue of $56K, expenses of $43K, and assets of $48K (revenue -59.3% year-over-year).
- 2018: Revenue of $138K, expenses of $225K, and assets of $35K (revenue -1.3% year-over-year).
- 2017: Revenue of $140K, expenses of $43K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Canton Athletic Booster Club Inc:
Data Sources and Methodology
This transparency report for Canton Athletic Booster Club 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.