Gilbert Athletic Booster Club
Gilbert Athletic Booster Club maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 200561219 · Gilbert, IA · NTEE: N11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $276K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $250,000. |
| Net Assets | $364K |
| Transparency Score | 92/100 |
Is Gilbert Athletic Booster Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gilbert Athletic Booster Club directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gilbert Athletic Booster Club
Gilbert Athletic Booster Club (EIN: 200561219) is a nonprofit organization based in Gilbert, IA, classified under NTEE code N11. The organization reported total revenue of $347K and total assets of $365K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gilbert Athletic Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gilbert Athletic Booster Club is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $276K |
| Surplus / Deficit | $-18,122 |
| Total Assets | $365K |
| Total Liabilities | $404 |
| Net Assets | $364K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 15.9 months |
Financial Health Grade: B
In 2024, Gilbert Athletic Booster Club reported a deficit of $18K with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Gilbert Athletic Booster Club's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +33.4% | +69.0% | -4.7% |
| 2023 | +16.7% | +34.6% | +8.5% |
| 2022 | +104.8% | +36.8% | +14.3% |
| 2021 | -31.2% | -37.2% | -2.4% |
| 2020 | -16.1% | +51.9% | -7.1% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gilbert Athletic Booster Club with a Mission Score of 92 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: 95%
- fundraising: 0%
According to IRS 990 filings, Gilbert Athletic Booster Club allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with revenues reaching over $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 Gilbert Athletic Booster Club:
- Zero officer compensation across all filings, indicating volunteer leadership.
- Strong and growing asset base, reaching $364,609 in 202407.
- Minimal liabilities, consistently below $500 in recent years, demonstrating financial stability.
- Consistent filing of IRS Form 990s over 14 periods, showing strong transparency.
- High percentage of spending directed towards programs due to no officer compensation and low administrative overhead.
Frequently Asked Questions about Gilbert Athletic Booster Club
Is Gilbert Athletic Booster Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilbert Athletic Booster Club (EIN: 200561219) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Gilbert Athletic Booster Club spend its money?
Gilbert Athletic Booster Club directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gilbert Athletic Booster Club tax-deductible?
Gilbert Athletic Booster Club is registered as a tax-exempt nonprofit (EIN: 200561219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gilbert Athletic Booster Club CEO make?
Gilbert Athletic Booster Club's highest-compensated officer earns $250,000. annually. The organization reported $347K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Gilbert Athletic Booster Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Gilbert Athletic Booster Club is above average for NTEE category N11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gilbert Athletic Booster Club located?
Gilbert Athletic Booster Club is headquartered in Gilbert, Iowa and files with the IRS under EIN 200561219. It is classified under NTEE code N11.
How many years of IRS 990 filings does Gilbert Athletic Booster Club have?
Gilbert Athletic Booster Club has 14 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 $347K in total revenue.
Is Gilbert Athletic Booster Club a good charity?
Yes, based on its strong financial health, consistent program spending, and excellent transparency with zero officer compensation, it appears to be a very good charity.
How does the organization manage its expenses?
The organization generally manages its expenses well, with expenses often below or close to revenue. For example, in 202307, expenses were $163,086 against revenues of $192,969. Even in periods where expenses slightly exceeded revenue, such as 202407 ($275,561 expenses vs. $257,439 revenue), the overall financial health remains strong due to accumulated assets.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend over the past decade, growing from $143,652 in 201507 to $364,609 in 202407, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Gilbert Athletic Booster Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Gilbert Athletic Booster Club's revenue has grown by 66.9%, moving from $154K to $257K. Total assets increased by 241.7% over the same period, from $107K to $365K. Total functional expenses rose by 120.4%, from $125K to $276K. In its most recent filing year (2024), Gilbert Athletic Booster Club reported a deficit of $18K, with expenses exceeding revenue. The organization holds $404 in liabilities against $365K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $364K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $257K | $276K | $365K | $404 | — | — |
| 2023 | $193K | $163K | $383K | $450 | — | View 990 |
| 2022 | $165K | $121K | $353K | $425 | — | View 990 |
| 2021 | $81K | $89K | $309K | $439 | — | View 990 |
| 2020 | $117K | $141K | $316K | $0 | — | View 990 |
| 2019 | $140K | $93K | $340K | $344 | — | View 990 |
| 2018 | $153K | $125K | $293K | $271 | — | View 990 |
| 2017 | $209K | $186K | $265K | $108 | — | View 990 |
| 2016 | $280K | $125K | $262K | $1K | — | View 990 |
| 2015 | $269K | $189K | $144K | $38K | — | View 990 |
| 2014 | $290K | $392K | $102K | $76K | — | View 990 |
| 2013 | $230K | $235K | $128K | $0 | — | View 990 |
| 2012 | $169K | $123K | $134K | $0 | — | View 990 |
| 2011 | $154K | $125K | $107K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $257K, expenses of $276K, and assets of $365K (revenue +33.4% year-over-year).
- 2023: Revenue of $193K, expenses of $163K, and assets of $383K (revenue +16.7% year-over-year).
- 2022: Revenue of $165K, expenses of $121K, and assets of $353K (revenue +104.8% year-over-year).
- 2021: Revenue of $81K, expenses of $89K, and assets of $309K (revenue -31.2% year-over-year).
- 2020: Revenue of $117K, expenses of $141K, and assets of $316K (revenue -16.1% year-over-year).
- 2019: Revenue of $140K, expenses of $93K, and assets of $340K (revenue -8.3% year-over-year).
- 2018: Revenue of $153K, expenses of $125K, and assets of $293K (revenue -27.1% year-over-year).
- 2017: Revenue of $209K, expenses of $186K, and assets of $265K (revenue -25.3% year-over-year).
- 2016: Revenue of $280K, expenses of $125K, and assets of $262K (revenue +4.3% year-over-year).
- 2015: Revenue of $269K, expenses of $189K, and assets of $144K (revenue -7.2% year-over-year).
- 2014: Revenue of $290K, expenses of $392K, and assets of $102K (revenue +26.3% year-over-year).
- 2013: Revenue of $230K, expenses of $235K, and assets of $128K (revenue +35.6% year-over-year).
- 2012: Revenue of $169K, expenses of $123K, and assets of $134K (revenue +9.7% year-over-year).
- 2011: Revenue of $154K, expenses of $125K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gilbert Athletic Booster Club:
Data Sources and Methodology
This transparency report for Gilbert Athletic Booster Club 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.