Chattanooga Boys Choir
EIN: 620692977 · Chattanooga, TN · NTEE: A6BZ
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $296K |
| Net Assets | $130K |
Is Chattanooga Boys Choir Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chattanooga Boys Choir
Chattanooga Boys Choir (EIN: 620692977) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code A6BZ. The organization reported total revenue of $243K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chattanooga Boys Choir's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chattanooga Boys Choir is a small nonprofit that has been operating for 68 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $296K |
| Surplus / Deficit | +$21K |
| Total Assets | $137K |
| Total Liabilities | $6K |
| Net Assets | $130K |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2024, Chattanooga Boys Choir reported a surplus of $21K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Chattanooga Boys Choir's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.6% | +5.1% | +2.2% |
| 2023 | +10.7% | +24.8% | +18.5% |
| 2022 | +31.3% | +34.0% | +44.0% |
| 2021 | -14.9% | -16.6% | +90.5% |
| 2020 | -21.5% | -33.0% | +132.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chattanooga Boys Choir 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 Chattanooga Boys Choir 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Chattanooga Boys Choir
Is Chattanooga Boys Choir a legitimate charity?
Based on AI analysis of IRS 990 filings, Chattanooga Boys Choir (EIN: 620692977) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chattanooga Boys Choir spend its money?
Detailed spending breakdown data is not yet available for Chattanooga Boys Choir. Check back for updated IRS 990 analysis.
Are donations to Chattanooga Boys Choir tax-deductible?
Chattanooga Boys Choir is registered as a tax-exempt nonprofit (EIN: 620692977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chattanooga Boys Choir located?
Chattanooga Boys Choir is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 620692977. It is classified under NTEE code A6BZ.
How many years of IRS 990 filings does Chattanooga Boys Choir have?
Chattanooga Boys Choir has 14 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 $243K in total revenue.
Filing History
IRS 990 filing history for Chattanooga Boys Choir showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Chattanooga Boys Choir's revenue has grown by 56%, moving from $203K to $317K. Total assets increased by 421.8% over the same period, from $26K to $137K. Total functional expenses rose by 35.3%, from $219K to $296K. In its most recent filing year (2024), Chattanooga Boys Choir reported a surplus of $21K, with revenue exceeding expenses. The organization holds $6K in liabilities against $137K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $317K | $296K | $137K | $6K | — | View 990 |
| 2023 | $290K | $282K | $134K | $24K | — | View 990 |
| 2022 | $262K | $226K | $113K | $11K | — | View 990 |
| 2021 | $199K | $169K | $78K | $13K | — | — |
| 2020 | $234K | $202K | $41K | $6K | — | View 990 |
| 2019 | $298K | $302K | $18K | $15K | — | View 990 |
| 2018 | $224K | $224K | $21K | $14K | — | View 990 |
| 2017 | $288K | $318K | $21K | $15K | — | View 990 |
| 2016 | $239K | $205K | $54K | $17K | — | View 990 |
| 2015 | $207K | $200K | $18K | $17K | — | View 990 |
| 2014 | $220K | $219K | $7K | $12K | — | View 990 |
| 2013 | $194K | $207K | $13K | $19K | — | View 990 |
| 2012 | $187K | $202K | $29K | $22K | — | View 990 |
| 2011 | $203K | $219K | $26K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $317K, expenses of $296K, and assets of $137K (revenue +9.6% year-over-year).
- 2023: Revenue of $290K, expenses of $282K, and assets of $134K (revenue +10.7% year-over-year).
- 2022: Revenue of $262K, expenses of $226K, and assets of $113K (revenue +31.3% year-over-year).
- 2021: Revenue of $199K, expenses of $169K, and assets of $78K (revenue -14.9% year-over-year).
- 2020: Revenue of $234K, expenses of $202K, and assets of $41K (revenue -21.5% year-over-year).
- 2019: Revenue of $298K, expenses of $302K, and assets of $18K (revenue +33.1% year-over-year).
- 2018: Revenue of $224K, expenses of $224K, and assets of $21K (revenue -22.1% year-over-year).
- 2017: Revenue of $288K, expenses of $318K, and assets of $21K (revenue +20.2% year-over-year).
- 2016: Revenue of $239K, expenses of $205K, and assets of $54K (revenue +15.7% year-over-year).
- 2015: Revenue of $207K, expenses of $200K, and assets of $18K (revenue -6.0% year-over-year).
- 2014: Revenue of $220K, expenses of $219K, and assets of $7K (revenue +13.7% year-over-year).
- 2013: Revenue of $194K, expenses of $207K, and assets of $13K (revenue +3.3% year-over-year).
- 2012: Revenue of $187K, expenses of $202K, and assets of $29K (revenue -7.9% year-over-year).
- 2011: Revenue of $203K, expenses of $219K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chattanooga Boys Choir:
Data Sources and Methodology
This transparency report for Chattanooga Boys Choir 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.