Gassaway High School Alumni Association
EIN: 550733288 · Gassaway, WV · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $33K |
| Net Assets | $212K |
Is Gassaway High School Alumni Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gassaway High School Alumni Association
Gassaway High School Alumni Association (EIN: 550733288) is a nonprofit organization based in Gassaway, WV, classified under NTEE code B82. The organization reported total revenue of $17K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gassaway High School Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gassaway High School Alumni Association is a micro nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $33K |
| Surplus / Deficit | +$4K |
| Total Assets | $212K |
| Net Assets | $212K |
| Operating Margin | 11.6% |
| Months of Reserves | 78.4 months |
Financial Health Grade: A
In 2023, Gassaway High School Alumni Association reported a surplus of $4K with revenue exceeding expenses, holds 78.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2023), Gassaway High School Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 24.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +122.5% | +12.0% | -7.4% |
| 2022 | +258.1% | +134.9% | -5.2% |
| 2021 | -66.3% | -28.8% | -3.1% |
| 2020 | -86.9% | +83.1% | +24968700.0% |
| 2019 | +9.2% | -71.5% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gassaway High School Alumni Association 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 Gassaway High School Alumni Association 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 $4K, with revenue exceeding expenses.
Frequently Asked Questions about Gassaway High School Alumni Association
Is Gassaway High School Alumni Association a legitimate charity?
Gassaway High School Alumni Association (EIN: 550733288) is a registered tax-exempt nonprofit based in West Virginia. It has 9 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: A.
How does Gassaway High School Alumni Association spend its money?
Gassaway High School Alumni Association reported $17K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gassaway High School Alumni Association tax-deductible?
Gassaway High School Alumni Association is registered as a tax-exempt nonprofit (EIN: 550733288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gassaway High School Alumni Association located?
Gassaway High School Alumni Association is headquartered in Gassaway, West Virginia and files with the IRS under EIN 550733288. It is classified under NTEE code B82.
How many years of IRS 990 filings does Gassaway High School Alumni Association have?
Gassaway High School Alumni Association has 9 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 $17K in total revenue.
Filing History
IRS 990 filing history for Gassaway High School Alumni Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Gassaway High School Alumni Association's revenue has grown by 1313.7%, moving from $3K to $37K. Total assets increased by 153.8% over the same period, from $84K to $212K. In its most recent filing year (2023), Gassaway High School Alumni Association reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $33K | $212K | $0 | — | View 990 |
| 2022 | $17K | $29K | $229K | $0 | — | — |
| 2021 | $5K | $12K | $242K | $0 | — | — |
| 2020 | $14K | $17K | $250K | $0 | — | — |
| 2019 | $104K | $9K | $1 | $0 | — | View 990 |
| 2018 | $96K | $33K | $159K | $0 | — | View 990 |
| 2013 | $2K | $0 | $88K | $0 | — | View 990 |
| 2012 | $2K | $0 | $86K | $0 | — | View 990 |
| 2011 | $3K | $0 | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $33K, and assets of $212K (revenue +122.5% year-over-year).
- 2022: Revenue of $17K, expenses of $29K, and assets of $229K (revenue +258.1% year-over-year).
- 2021: Revenue of $5K, expenses of $12K, and assets of $242K (revenue -66.3% year-over-year).
- 2020: Revenue of $14K, expenses of $17K, and assets of $250K (revenue -86.9% year-over-year).
- 2019: Revenue of $104K, expenses of $9K, and assets of $1 (revenue +9.2% year-over-year).
- 2018: Revenue of $96K, expenses of $33K, and assets of $159K (revenue +4828.1% year-over-year).
- 2013: Revenue of $2K, expenses of $0, and assets of $88K (revenue -8.9% year-over-year).
- 2012: Revenue of $2K, expenses of $0, and assets of $86K (revenue -18.2% year-over-year).
- 2011: Revenue of $3K, expenses of $0, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gassaway High School Alumni Association:
Data Sources and Methodology
This transparency report for Gassaway High School Alumni Association 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.