Graves County Eagles Booster Club Inc
Graves County Eagles Booster Club sees revenue plummet to $32 in latest filing, despite substantial assets.
EIN: 201177452 · Mayfield, KY · NTEE: B115 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $800 |
| Program Spending | 85% |
| Net Assets | $342K |
| Transparency Score | 70/100 |
Is Graves County Eagles Booster Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Graves County Eagles Booster Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Graves County Eagles Booster Club Inc
Graves County Eagles Booster Club Inc (EIN: 201177452) is a nonprofit organization based in Mayfield, KY, classified under NTEE code B115. The organization reported total revenue of $23K and total assets of $342K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Graves County Eagles Booster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Graves County Eagles Booster Club Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -52.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32 |
| Total Expenses | $800 |
| Surplus / Deficit | $-768 |
| Total Assets | $342K |
| Net Assets | $342K |
| Operating Margin | -2400.0% |
| Months of Reserves | 5135.4 months |
Financial Health Grade: B
In 2023, Graves County Eagles Booster Club Inc reported a deficit of $768 with expenses exceeding revenue, holds 5135.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Graves County Eagles Booster Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -52.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.2% | -98.9% | -0.2% |
| 2022 | -98.0% | -49.3% | -16.5% |
| 2021 | +25.3% | -7.9% | +6.3% |
| 2020 | -25.2% | -13.2% | -0.4% |
| 2019 | +24.9% | -2.1% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Graves County Eagles Booster Club Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Graves County Eagles Booster Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $768, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size and revenue history.
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.
Red Flags
The following concerns were identified during AI analysis of Graves County Eagles Booster Club Inc's IRS 990 filings:
- Dramatic decline in revenue from $206,567 in 2021 to $32 in 2023, raising sustainability concerns.
- Expenses significantly outpaced revenue in 2022 ($70,016 expenses vs. $4,083 revenue), indicating reliance on reserves or prior period income.
- Lack of detailed expense breakdown makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Graves County Eagles Booster Club Inc:
- Consistent history of IRS 990 filings, indicating transparency.
- Zero officer compensation across all filings, demonstrating volunteer leadership and cost efficiency.
- Substantial asset base of $342,357 provides a financial cushion.
- Zero liabilities reported in the last two periods (2022, 2023), indicating strong debt management.
Frequently Asked Questions about Graves County Eagles Booster Club Inc
Is Graves County Eagles Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Graves County Eagles Booster Club Inc (EIN: 201177452) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Graves County Eagles Booster Club Inc spend its money?
Graves County Eagles Booster Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Graves County Eagles Booster Club Inc tax-deductible?
Graves County Eagles Booster Club Inc is registered as a tax-exempt nonprofit (EIN: 201177452). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Graves County Eagles Booster Club Inc's spending goes to programs?
Graves County Eagles Booster Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Graves County Eagles Booster Club Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Graves County Eagles Booster Club Inc is above average for NTEE category B115 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Graves County Eagles Booster Club Inc located?
Graves County Eagles Booster Club Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 201177452. It is classified under NTEE code B115.
How many years of IRS 990 filings does Graves County Eagles Booster Club Inc have?
Graves County Eagles Booster Club Inc 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 $23K in total revenue.
What caused the drastic decline in revenue from $206,567 in 2021 to $32 in 2023?
The provided data does not specify the reason for the sharp decline in revenue. It could be due to a change in fundraising strategy, a temporary halt in activities, or external factors affecting the community or the organization's operations.
How does the organization plan to sustain operations with current revenue levels?
With revenue of only $32 in 2023, the organization's operational sustainability is a significant concern. It's possible they are drawing from their substantial assets ($342,357) or have other unrecorded income streams, but this is not evident from the provided data.
What is the breakdown of expenses, particularly program spending, given the significant fluctuations?
The provided data only gives total expenses. Without a detailed breakdown, it's challenging to determine the proportion of spending dedicated to programs versus administrative or fundraising costs, especially with the recent dramatic changes in overall spending.
Filing History
IRS 990 filing history for Graves County Eagles Booster Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Graves County Eagles Booster Club Inc's revenue has declined by 100%, moving from $259K to $32. Total assets increased by 340.4% over the same period, from $78K to $342K. Total functional expenses fell by 99.6%, from $223K to $800. In its most recent filing year (2023), Graves County Eagles Booster Club Inc reported a deficit of $768, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32 | $800 | $342K | $0 | — | View 990 |
| 2022 | $4K | $70K | $343K | $0 | — | — |
| 2021 | $207K | $138K | $411K | $2K | — | — |
| 2020 | $165K | $150K | $387K | $51K | — | View 990 |
| 2019 | $221K | $173K | $389K | $68K | — | View 990 |
| 2018 | $177K | $177K | $365K | $92K | — | View 990 |
| 2017 | $206K | $172K | $397K | $124K | — | View 990 |
| 2016 | $200K | $169K | $364K | $125K | — | View 990 |
| 2015 | $206K | $171K | $351K | $143K | — | View 990 |
| 2014 | $182K | $161K | $330K | $158K | — | View 990 |
| 2013 | $209K | $172K | $289K | $174K | — | View 990 |
| 2012 | $237K | $237K | $77K | $0 | — | View 990 |
| 2011 | $259K | $223K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32, expenses of $800, and assets of $342K (revenue -99.2% year-over-year).
- 2022: Revenue of $4K, expenses of $70K, and assets of $343K (revenue -98.0% year-over-year).
- 2021: Revenue of $207K, expenses of $138K, and assets of $411K (revenue +25.3% year-over-year).
- 2020: Revenue of $165K, expenses of $150K, and assets of $387K (revenue -25.2% year-over-year).
- 2019: Revenue of $221K, expenses of $173K, and assets of $389K (revenue +24.9% year-over-year).
- 2018: Revenue of $177K, expenses of $177K, and assets of $365K (revenue -14.3% year-over-year).
- 2017: Revenue of $206K, expenses of $172K, and assets of $397K (revenue +3.0% year-over-year).
- 2016: Revenue of $200K, expenses of $169K, and assets of $364K (revenue -3.0% year-over-year).
- 2015: Revenue of $206K, expenses of $171K, and assets of $351K (revenue +13.2% year-over-year).
- 2014: Revenue of $182K, expenses of $161K, and assets of $330K (revenue -12.9% year-over-year).
- 2013: Revenue of $209K, expenses of $172K, and assets of $289K (revenue -11.7% year-over-year).
- 2012: Revenue of $237K, expenses of $237K, and assets of $77K (revenue -8.7% year-over-year).
- 2011: Revenue of $259K, expenses of $223K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Graves County Eagles Booster Club Inc:
Data Sources and Methodology
This transparency report for Graves County Eagles Booster Club 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.