Drum Corps In Montgomery Inc
EIN: 630799047 · Montgomery, AL
| Metric | Value |
|---|---|
| Total Expenses | $22K |
| Net Assets | $108K |
Is Drum Corps In Montgomery Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Drum Corps In Montgomery Inc
Drum Corps In Montgomery Inc (EIN: 630799047) is a nonprofit organization based in Montgomery, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drum Corps In Montgomery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drum Corps In Montgomery Inc is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $22K |
| Surplus / Deficit | $-20,501 |
| Total Assets | $108K |
| Net Assets | $108K |
| Operating Margin | -1094.0% |
| Months of Reserves | 58.0 months |
Financial Health Grade: B
In 2014, Drum Corps In Montgomery Inc reported a deficit of $21K with expenses exceeding revenue, holds 58.0 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Drum Corps In Montgomery Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +90.6% | +135.8% | -15.9% |
| 2013 | -15.5% | +-0.0% | -6.2% |
| 2012 | -56.4% | +0.0% | -5.7% |
AI Analysis Pending
AI enrichment for Drum Corps In Montgomery Inc 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 Drum Corps In Montgomery Inc 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
Frequently Asked Questions about Drum Corps In Montgomery Inc
Is Drum Corps In Montgomery Inc a legitimate charity?
Drum Corps In Montgomery Inc (EIN: 630799047) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Drum Corps In Montgomery Inc spend its money?
Drum Corps In Montgomery Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Drum Corps In Montgomery Inc tax-deductible?
Drum Corps In Montgomery Inc is registered as a tax-exempt nonprofit (EIN: 630799047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Drum Corps In Montgomery Inc located?
Drum Corps In Montgomery Inc is headquartered in Montgomery, Alabama and files with the IRS under EIN 630799047.
How many years of IRS 990 filings does Drum Corps In Montgomery Inc have?
Drum Corps In Montgomery Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Drum Corps In Montgomery Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Drum Corps In Montgomery Inc's revenue has declined by 29.8%, moving from $3K to $2K. Total assets decreased by 25.7% over the same period, from $145K to $108K. Total functional expenses rose by 135.9%, from $9K to $22K. In its most recent filing year (2014), Drum Corps In Montgomery Inc reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2K | $22K | $108K | $0 | — | View 990 |
| 2013 | $983 | $9K | $129K | $0 | — | View 990 |
| 2012 | $1K | $9K | $137K | $0 | — | View 990 |
| 2011 | $3K | $9K | $145K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2K, expenses of $22K, and assets of $108K (revenue +90.6% year-over-year).
- 2013: Revenue of $983, expenses of $9K, and assets of $129K (revenue -15.5% year-over-year).
- 2012: Revenue of $1K, expenses of $9K, and assets of $137K (revenue -56.4% year-over-year).
- 2011: Revenue of $3K, expenses of $9K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drum Corps In Montgomery Inc:
Data Sources and Methodology
This transparency report for Drum Corps In Montgomery 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.