Citizens For Backus Ab
EIN: 320018497 · Intl Falls, MN · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $700K |
| Total Expenses | $671K |
| Net Assets | $1.0M |
Is Citizens For Backus Ab Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Citizens For Backus Ab
Citizens For Backus Ab (EIN: 320018497) is a nonprofit organization based in Intl Falls, MN, classified under NTEE code A20. The organization reported total revenue of $700K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Citizens For Backus Ab's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Citizens For Backus Ab is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $665K |
| Total Expenses | $671K |
| Surplus / Deficit | $-5,567 |
| Total Assets | $1.5M |
| Total Liabilities | $431K |
| Net Assets | $1.0M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 26.3 months |
Financial Health Grade: B
In 2023, Citizens For Backus Ab reported a deficit of $6K with expenses exceeding revenue, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Citizens For Backus Ab's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.5% | -5.7% | +18.9% |
| 2022 | -6.4% | +7.6% | +16.3% |
| 2021 | +11.9% | -3.5% | -3.9% |
| 2020 | +4.3% | +9.8% | +15.2% |
| 2019 | +4.1% | +4.0% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Citizens For Backus Ab 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 Citizens For Backus Ab 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about Citizens For Backus Ab
Is Citizens For Backus Ab a legitimate charity?
Based on AI analysis of IRS 990 filings, Citizens For Backus Ab (EIN: 320018497) insufficient data. 0 red flags identified, 0 strengths noted.
How does Citizens For Backus Ab spend its money?
Detailed spending breakdown data is not yet available for Citizens For Backus Ab. Check back for updated IRS 990 analysis.
Are donations to Citizens For Backus Ab tax-deductible?
Citizens For Backus Ab is registered as a tax-exempt nonprofit (EIN: 320018497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Citizens For Backus Ab located?
Citizens For Backus Ab is headquartered in Intl Falls, Minnesota and files with the IRS under EIN 320018497. It is classified under NTEE code A20.
How many years of IRS 990 filings does Citizens For Backus Ab have?
Citizens For Backus Ab 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 $700K in total revenue.
Filing History
IRS 990 filing history for Citizens For Backus Ab showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Citizens For Backus Ab's revenue has grown by 61%, moving from $413K to $665K. Total assets increased by 35% over the same period, from $1.1M to $1.5M. Total functional expenses rose by 68.1%, from $399K to $671K. In its most recent filing year (2023), Citizens For Backus Ab reported a deficit of $6K, with expenses exceeding revenue. The organization holds $431K in liabilities against $1.5M in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $665K | $671K | $1.5M | $431K | — | View 990 |
| 2022 | $736K | $712K | $1.2M | $738K | — | View 990 |
| 2021 | $786K | $662K | $1.1M | $539K | — | View 990 |
| 2020 | $703K | $686K | $1.1M | $707K | — | View 990 |
| 2019 | $673K | $625K | $959K | $577K | — | View 990 |
| 2018 | $647K | $601K | $827K | $493K | — | View 990 |
| 2017 | $587K | $607K | $993K | $705K | — | View 990 |
| 2016 | $593K | $613K | $980K | $672K | — | View 990 |
| 2015 | $548K | $555K | $1.0M | $680K | — | View 990 |
| 2014 | $636K | $637K | $958K | $624K | — | View 990 |
| 2013 | $514K | $533K | $1.1M | $790K | — | View 990 |
| 2012 | $377K | $400K | $1.1M | $723K | — | View 990 |
| 2011 | $413K | $399K | $1.1M | $712K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $665K, expenses of $671K, and assets of $1.5M (revenue -9.5% year-over-year).
- 2022: Revenue of $736K, expenses of $712K, and assets of $1.2M (revenue -6.4% year-over-year).
- 2021: Revenue of $786K, expenses of $662K, and assets of $1.1M (revenue +11.9% year-over-year).
- 2020: Revenue of $703K, expenses of $686K, and assets of $1.1M (revenue +4.3% year-over-year).
- 2019: Revenue of $673K, expenses of $625K, and assets of $959K (revenue +4.1% year-over-year).
- 2018: Revenue of $647K, expenses of $601K, and assets of $827K (revenue +10.2% year-over-year).
- 2017: Revenue of $587K, expenses of $607K, and assets of $993K (revenue -1.0% year-over-year).
- 2016: Revenue of $593K, expenses of $613K, and assets of $980K (revenue +8.1% year-over-year).
- 2015: Revenue of $548K, expenses of $555K, and assets of $1.0M (revenue -13.8% year-over-year).
- 2014: Revenue of $636K, expenses of $637K, and assets of $958K (revenue +23.8% year-over-year).
- 2013: Revenue of $514K, expenses of $533K, and assets of $1.1M (revenue +36.2% year-over-year).
- 2012: Revenue of $377K, expenses of $400K, and assets of $1.1M (revenue -8.8% year-over-year).
- 2011: Revenue of $413K, expenses of $399K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Citizens For Backus Ab:
Data Sources and Methodology
This transparency report for Citizens For Backus Ab 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.