Daniel Edwards Band Boosters
EIN: 570759556 · Central, SC · NTEE: B122
| Metric | Value |
|---|---|
| Total Revenue | $321K |
| Total Expenses | $172K |
| Net Assets | $69K |
Is Daniel Edwards Band Boosters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel Edwards Band Boosters
Daniel Edwards Band Boosters (EIN: 570759556) is a nonprofit organization based in Central, SC, classified under NTEE code B122. The organization reported total revenue of $321K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel Edwards Band Boosters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel Edwards Band Boosters is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $172K |
| Surplus / Deficit | $-1,581 |
| Total Assets | $69K |
| Total Liabilities | $885 |
| Net Assets | $69K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2024, Daniel Edwards Band Boosters reported a deficit of $2K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Daniel Edwards Band Boosters's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.7% | +26.9% | -4.8% |
| 2023 | +54.8% | +38.5% | +39.7% |
| 2022 | +339.5% | +30.5% | +2.3% |
| 2021 | -88.9% | -21.9% | -71.4% |
| 2020 | -21.7% | -66.3% | +157.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Daniel Edwards Band Boosters 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 Daniel Edwards Band Boosters 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Daniel Edwards Band Boosters
Is Daniel Edwards Band Boosters a legitimate charity?
Daniel Edwards Band Boosters (EIN: 570759556) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $321K. No red flags identified. Financial health grade: B.
How does Daniel Edwards Band Boosters spend its money?
Daniel Edwards Band Boosters reported $321K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Daniel Edwards Band Boosters tax-deductible?
Daniel Edwards Band Boosters is registered as a tax-exempt nonprofit (EIN: 570759556). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daniel Edwards Band Boosters located?
Daniel Edwards Band Boosters is headquartered in Central, South Carolina and files with the IRS under EIN 570759556. It is classified under NTEE code B122.
How many years of IRS 990 filings does Daniel Edwards Band Boosters have?
Daniel Edwards Band Boosters 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 $321K in total revenue.
Filing History
IRS 990 filing history for Daniel Edwards Band Boosters showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Daniel Edwards Band Boosters's revenue has grown by 206.1%, moving from $56K to $171K. Total assets increased by 86.3% over the same period, from $37K to $69K. Total functional expenses rose by 242.3%, from $50K to $172K. In its most recent filing year (2024), Daniel Edwards Band Boosters reported a deficit of $2K, with expenses exceeding revenue. The organization holds $885 in liabilities against $69K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $171K | $172K | $69K | $885 | — | — |
| 2023 | $156K | $136K | $73K | $3K | — | View 990 |
| 2022 | $101K | $98K | $52K | $2K | — | View 990 |
| 2021 | $23K | $75K | $51K | $3K | — | View 990 |
| 2020 | $205K | $96K | $178K | $0 | — | View 990 |
| 2019 | $262K | $286K | $69K | $0 | — | View 990 |
| 2018 | $244K | $207K | $93K | $0 | — | — |
| 2017 | $201K | $194K | $56K | $0 | — | View 990 |
| 2016 | $202K | $182K | $49K | $0 | — | View 990 |
| 2015 | $142K | $135K | $29K | $0 | — | View 990 |
| 2014 | $160K | $166K | $22K | $17K | — | — |
| 2013 | $143K | $147K | $36K | $0 | — | View 990 |
| 2012 | $56K | $50K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $171K, expenses of $172K, and assets of $69K (revenue +9.7% year-over-year).
- 2023: Revenue of $156K, expenses of $136K, and assets of $73K (revenue +54.8% year-over-year).
- 2022: Revenue of $101K, expenses of $98K, and assets of $52K (revenue +339.5% year-over-year).
- 2021: Revenue of $23K, expenses of $75K, and assets of $51K (revenue -88.9% year-over-year).
- 2020: Revenue of $205K, expenses of $96K, and assets of $178K (revenue -21.7% year-over-year).
- 2019: Revenue of $262K, expenses of $286K, and assets of $69K (revenue +7.5% year-over-year).
- 2018: Revenue of $244K, expenses of $207K, and assets of $93K (revenue +21.3% year-over-year).
- 2017: Revenue of $201K, expenses of $194K, and assets of $56K (revenue -0.5% year-over-year).
- 2016: Revenue of $202K, expenses of $182K, and assets of $49K (revenue +42.8% year-over-year).
- 2015: Revenue of $142K, expenses of $135K, and assets of $29K (revenue -11.3% year-over-year).
- 2014: Revenue of $160K, expenses of $166K, and assets of $22K (revenue +11.6% year-over-year).
- 2013: Revenue of $143K, expenses of $147K, and assets of $36K (revenue +156.4% year-over-year).
- 2012: Revenue of $56K, expenses of $50K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel Edwards Band Boosters:
Data Sources and Methodology
This transparency report for Daniel Edwards Band Boosters 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.