Graves County High School Band Boosters Inc
Graves County High School Band Boosters operates debt-free with 0% officer compensation, experiencing fluctuating revenues.
EIN: 202248411 · Mayfield, KY · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $13K |
| Program Spending | 95% |
| Net Assets | $13K |
| Transparency Score | 90/100 |
Is Graves County High School Band Boosters 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 High School Band Boosters Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Graves County High School Band Boosters Inc
Graves County High School Band Boosters Inc (EIN: 202248411) is a nonprofit organization based in Mayfield, KY, classified under NTEE code B11. The organization reported total revenue of $14K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Graves County High School Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Graves County High School Band Boosters Inc is a micro nonprofit that has been operating for 13 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $13K |
| Surplus / Deficit | $-5,120 |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | -68.9% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, Graves County High School Band Boosters Inc reported a deficit of $5K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Graves County High School Band Boosters Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.8% | -48.0% | -29.0% |
| 2022 | +186.8% | +165.4% | -17.0% |
| 2021 | +209.8% | +112.6% | +33.1% |
| 2020 | -89.0% | -84.1% | -11.0% |
| 2019 | -24.0% | -2.7% | -24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 High School Band Boosters Inc with a Mission Score of 90 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, Graves County High School Band Boosters Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that all leadership roles are filled by volunteers. This is highly commendable for an organization of its size, ensuring funds are directly applied to its mission.
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 High School Band Boosters Inc's IRS 990 filings:
- Expenses frequently exceed revenue in recent years (e.g., 2023: $12,547 expenses vs. $7,427 revenue; 2022: $24,111 expenses vs. $20,493 revenue), leading to a decline in assets.
Strengths
The following positive indicators were identified for Graves County High School Band Boosters Inc:
- Consistently reports 0% officer compensation, indicating high volunteer engagement and low administrative overhead.
- Maintains zero liabilities across all reported periods, demonstrating strong financial stability and no debt.
- Regularly files IRS Form 990-EZ, ensuring transparency and public accountability.
- Strong program focus implied by the lack of executive compensation and the nature of a booster club.
Frequently Asked Questions about Graves County High School Band Boosters Inc
Is Graves County High School Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Graves County High School Band Boosters Inc (EIN: 202248411) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Graves County High School Band Boosters Inc spend its money?
Graves County High School Band Boosters Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Graves County High School Band Boosters Inc tax-deductible?
Graves County High School Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 202248411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Graves County High School Band Boosters Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Graves County High School Band Boosters Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Graves County High School Band Boosters Inc located?
Graves County High School Band Boosters Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 202248411. It is classified under NTEE code B11.
How many years of IRS 990 filings does Graves County High School Band Boosters Inc have?
Graves County High School Band Boosters Inc 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 $14K in total revenue.
Is Graves County High School Band Boosters Inc a good charity?
Yes, based on the available data, it appears to be a good charity. It operates with 0% officer compensation, has no liabilities, and consistently files its IRS 990 forms, demonstrating strong financial stewardship and transparency for a small booster organization.
How does the organization manage its finances without paid officers?
The organization relies entirely on volunteer efforts for its leadership and administrative functions, as evidenced by 0% officer compensation reported in all IRS 990 filings. This allows a greater proportion of funds to be directed towards its program services.
What is the trend in the organization's assets?
The organization's assets have fluctuated, peaking at $23,681 in 2018 and declining to $12,527 by 2023. This trend suggests that in recent years, expenses have often outpaced revenue, drawing down reserves, though it still maintains a positive asset balance with no liabilities.
Filing History
IRS 990 filing history for Graves County High School Band Boosters Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Graves County High School Band Boosters Inc's revenue has declined by 89.9%, moving from $74K to $7K. Total assets decreased by 74.8% over the same period, from $50K to $13K. Total functional expenses fell by 74.6%, from $49K to $13K. In its most recent filing year (2023), Graves County High School Band Boosters Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $13K | $13K | $0 | — | View 990 |
| 2022 | $20K | $24K | $18K | $0 | — | — |
| 2021 | $7K | $9K | $21K | $0 | — | — |
| 2020 | $2K | $4K | $16K | $0 | — | — |
| 2019 | $21K | $27K | $18K | $0 | — | View 990 |
| 2018 | $28K | $28K | $24K | $0 | — | View 990 |
| 2017 | $24K | $20K | $23K | $0 | — | View 990 |
| 2016 | $26K | $27K | $19K | $0 | — | View 990 |
| 2015 | $36K | $26K | $21K | $0 | — | View 990 |
| 2014 | $56K | $68K | $12K | $0 | — | View 990 |
| 2013 | $98K | $114K | $23K | $0 | — | View 990 |
| 2012 | $115K | $134K | $39K | $0 | — | View 990 |
| 2011 | $126K | $119K | $57K | $0 | — | — |
| 2010 | $74K | $49K | $50K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $13K, and assets of $13K (revenue -63.8% year-over-year).
- 2022: Revenue of $20K, expenses of $24K, and assets of $18K (revenue +186.8% year-over-year).
- 2021: Revenue of $7K, expenses of $9K, and assets of $21K (revenue +209.8% year-over-year).
- 2020: Revenue of $2K, expenses of $4K, and assets of $16K (revenue -89.0% year-over-year).
- 2019: Revenue of $21K, expenses of $27K, and assets of $18K (revenue -24.0% year-over-year).
- 2018: Revenue of $28K, expenses of $28K, and assets of $24K (revenue +14.4% year-over-year).
- 2017: Revenue of $24K, expenses of $20K, and assets of $23K (revenue -5.8% year-over-year).
- 2016: Revenue of $26K, expenses of $27K, and assets of $19K (revenue -27.8% year-over-year).
- 2015: Revenue of $36K, expenses of $26K, and assets of $21K (revenue -36.3% year-over-year).
- 2014: Revenue of $56K, expenses of $68K, and assets of $12K (revenue -43.0% year-over-year).
- 2013: Revenue of $98K, expenses of $114K, and assets of $23K (revenue -14.8% year-over-year).
- 2012: Revenue of $115K, expenses of $134K, and assets of $39K (revenue -8.5% year-over-year).
- 2011: Revenue of $126K, expenses of $119K, and assets of $57K (revenue +71.5% year-over-year).
- 2010: Revenue of $74K, expenses of $49K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Graves County High School Band Boosters Inc:
Data Sources and Methodology
This transparency report for Graves County High School Band Boosters 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.