Enka School District Band Parents Inc
EIN: 561692222 · Enka, NC · NTEE: A6C
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $175K |
| Net Assets | $60K |
Is Enka School District Band Parents Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Enka School District Band Parents Inc
Enka School District Band Parents Inc (EIN: 561692222) is a nonprofit organization based in Enka, NC, classified under NTEE code A6C. The organization reported total revenue of $228K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enka School District Band Parents Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enka School District Band Parents Inc is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $175K |
| Surplus / Deficit | +$28K |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 13.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Enka School District Band Parents Inc reported a surplus of $28K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2012–2023), Enka School District Band Parents Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | +18.6% | +88.7% |
| 2022 | +432.0% | +506.4% | +22.3% |
| 2021 | -65.3% | -73.5% | +21.0% |
| 2020 | -21.7% | +10.7% | -28.8% |
| 2019 | +79.6% | +28.1% | +339.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Enka School District Band Parents 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 Enka School District Band Parents 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
Frequently Asked Questions about Enka School District Band Parents Inc
Is Enka School District Band Parents Inc a legitimate charity?
Enka School District Band Parents Inc (EIN: 561692222) is a registered tax-exempt nonprofit based in North Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $228K. No red flags identified. Financial health grade: A.
How does Enka School District Band Parents Inc spend its money?
Enka School District Band Parents Inc reported $228K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Enka School District Band Parents Inc tax-deductible?
Enka School District Band Parents Inc is registered as a tax-exempt nonprofit (EIN: 561692222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Enka School District Band Parents Inc located?
Enka School District Band Parents Inc is headquartered in Enka, North Carolina and files with the IRS under EIN 561692222. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Enka School District Band Parents Inc have?
Enka School District Band Parents Inc has 8 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 $228K in total revenue.
Filing History
IRS 990 filing history for Enka School District Band Parents Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), Enka School District Band Parents Inc's revenue has grown by 656.7%, moving from $27K to $203K. Total assets increased by 101% over the same period, from $30K to $60K. Total functional expenses rose by 1085.8%, from $15K to $175K. In its most recent filing year (2023), Enka School District Band Parents Inc reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $175K | $60K | $0 | — | View 990 |
| 2022 | $153K | $148K | $32K | $0 | — | View 990 |
| 2021 | $29K | $24K | $26K | $0 | — | — |
| 2020 | $83K | $92K | $21K | $0 | — | View 990 |
| 2019 | $106K | $83K | $30K | $0 | — | View 990 |
| 2018 | $59K | $65K | $7K | $0 | — | View 990 |
| 2013 | $28K | $35K | $23K | $0 | — | View 990 |
| 2012 | $27K | $15K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $175K, and assets of $60K (revenue +32.4% year-over-year).
- 2022: Revenue of $153K, expenses of $148K, and assets of $32K (revenue +432.0% year-over-year).
- 2021: Revenue of $29K, expenses of $24K, and assets of $26K (revenue -65.3% year-over-year).
- 2020: Revenue of $83K, expenses of $92K, and assets of $21K (revenue -21.7% year-over-year).
- 2019: Revenue of $106K, expenses of $83K, and assets of $30K (revenue +79.6% year-over-year).
- 2018: Revenue of $59K, expenses of $65K, and assets of $7K (revenue +109.1% year-over-year).
- 2013: Revenue of $28K, expenses of $35K, and assets of $23K (revenue +5.4% year-over-year).
- 2012: Revenue of $27K, expenses of $15K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enka School District Band Parents Inc:
Data Sources and Methodology
This transparency report for Enka School District Band Parents 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.