Cullman Band Boosters Inc
Cullman Band Boosters Inc consistently operates with a surplus and zero officer compensation, growing assets to $162,527.
EIN: 204185685 · Cullman, AL · NTEE: B94 · Updated: 2026-03-28
Is Cullman Band Boosters Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cullman Band Boosters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cullman Band Boosters Inc
Cullman Band Boosters Inc (EIN: 204185685) is a nonprofit organization based in Cullman, AL, classified under NTEE code B94. The organization reported total revenue of $284K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cullman Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cullman Band Boosters Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $231K |
| Surplus / Deficit | +$18K |
| Total Assets | $163K |
| Net Assets | $163K |
| Operating Margin | 7.3% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2024, Cullman Band Boosters Inc reported a surplus of $18K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Cullman Band Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.3% | -1.7% | +12.6% |
| 2023 | +2.0% | +1.9% | +1.2% |
| 2022 | +131.5% | +198.2% | +0.9% |
| 2021 | -50.2% | -59.7% | +19.3% |
| 2020 | -8.7% | +1.4% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Cullman Band Boosters Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cullman Band Boosters Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a fully volunteer-led organization, which is highly efficient for an organization of its size with revenues around $250,000.
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 Cullman Band Boosters Inc:
- Zero officer compensation across all reported periods, indicating high efficiency and volunteer commitment.
- Consistent positive net income, contributing to asset growth (e.g., $249,131 revenue vs. $230,985 expenses in 202406).
- No reported liabilities in recent filings (e.g., $0 liabilities in 202406, 202306, 202206), indicating strong financial health.
- Steady growth in assets from $88,657 in 201806 to $162,527 in 202406.
- Consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Cullman Band Boosters Inc
Is Cullman Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cullman Band Boosters Inc (EIN: 204185685) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Cullman Band Boosters Inc spend its money?
Cullman Band Boosters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cullman Band Boosters Inc tax-deductible?
Cullman Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 204185685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cullman Band Boosters Inc a good charity?
Based on the provided financial data, Cullman Band Boosters Inc appears to be a very good charity. It consistently operates with a surplus, has zero officer compensation, and maintains a healthy asset base with no liabilities, indicating strong financial management and a high dedication of resources to its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown a generally positive trend, increasing from $160,234 in 201506 to $249,131 in 202406, with a notable dip in 202106 ($100,196) followed by strong recovery and growth.
What is the organization's financial stability?
Cullman Band Boosters Inc demonstrates strong financial stability, with growing assets (from $88,657 in 201806 to $162,527 in 202406) and zero liabilities reported in recent filings, indicating a robust financial position.
Filing History
IRS 990 filing history for Cullman Band Boosters Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cullman Band Boosters Inc's revenue has grown by 45%, moving from $172K to $249K. Total assets increased by 91.3% over the same period, from $85K to $163K. Total functional expenses rose by 48.7%, from $155K to $231K. In its most recent filing year (2024), Cullman Band Boosters Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $249K | $231K | $163K | $0 | — | — |
| 2023 | $237K | $235K | $144K | $0 | — | View 990 |
| 2022 | $232K | $231K | $143K | $0 | — | View 990 |
| 2021 | $100K | $77K | $141K | $0 | — | View 990 |
| 2020 | $201K | $192K | $119K | $0 | — | View 990 |
| 2019 | $220K | $189K | $111K | $2K | — | View 990 |
| 2018 | $205K | $236K | $89K | $11K | — | View 990 |
| 2017 | $206K | $180K | $129K | $20K | — | View 990 |
| 2016 | $214K | $229K | $113K | $30K | — | View 990 |
| 2015 | $160K | $168K | $134K | $36K | — | — |
| 2014 | $157K | $158K | $151K | $46K | — | View 990 |
| 2013 | $159K | $146K | $106K | $0 | — | View 990 |
| 2012 | $231K | $223K | $93K | $0 | — | View 990 |
| 2011 | $172K | $155K | $85K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $249K, expenses of $231K, and assets of $163K (revenue +5.3% year-over-year).
- 2023: Revenue of $237K, expenses of $235K, and assets of $144K (revenue +2.0% year-over-year).
- 2022: Revenue of $232K, expenses of $231K, and assets of $143K (revenue +131.5% year-over-year).
- 2021: Revenue of $100K, expenses of $77K, and assets of $141K (revenue -50.2% year-over-year).
- 2020: Revenue of $201K, expenses of $192K, and assets of $119K (revenue -8.7% year-over-year).
- 2019: Revenue of $220K, expenses of $189K, and assets of $111K (revenue +7.5% year-over-year).
- 2018: Revenue of $205K, expenses of $236K, and assets of $89K (revenue -0.3% year-over-year).
- 2017: Revenue of $206K, expenses of $180K, and assets of $129K (revenue -3.9% year-over-year).
- 2016: Revenue of $214K, expenses of $229K, and assets of $113K (revenue +33.6% year-over-year).
- 2015: Revenue of $160K, expenses of $168K, and assets of $134K (revenue +1.9% year-over-year).
- 2014: Revenue of $157K, expenses of $158K, and assets of $151K (revenue -1.0% year-over-year).
- 2013: Revenue of $159K, expenses of $146K, and assets of $106K (revenue -31.3% year-over-year).
- 2012: Revenue of $231K, expenses of $223K, and assets of $93K (revenue +34.5% year-over-year).
- 2011: Revenue of $172K, expenses of $155K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cullman Band Boosters Inc:
Data Sources and Methodology
This transparency report for Cullman Band Boosters 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.