Greater Minot Youth Concert Group Inc
EIN: 450457465 · Minot, ND · NTEE: X20
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Net Assets | $-32,379 |
Is Greater Minot Youth Concert Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Minot Youth Concert Group Inc
Greater Minot Youth Concert Group Inc (EIN: 450457465) is a nonprofit organization based in Minot, ND, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Minot Youth Concert Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Minot Youth Concert Group Inc is a micro nonprofit that has been operating for 25 years, with 8 years of IRS 990 filings on record (2011–2018).
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $24K |
| Surplus / Deficit | +$10K |
| Total Assets | $1K |
| Total Liabilities | $34K |
| Net Assets | $-32,379 |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 2702.8% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2018, Greater Minot Youth Concert Group Inc reported a surplus of $10K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 2702.8% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -33.0% | -40.6% | -30.5% |
| 2017 | -40.3% | -70.4% | +343.1% |
| 2016 | +56.9% | +119.5% | -71.6% |
| 2015 | +46.8% | +50.0% | -83.8% |
| 2014 | -36.3% | -8.9% | -41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Minot Youth Concert Group 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 Greater Minot Youth Concert Group 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2702.8%.
Frequently Asked Questions about Greater Minot Youth Concert Group Inc
Is Greater Minot Youth Concert Group Inc a legitimate charity?
Greater Minot Youth Concert Group Inc (EIN: 450457465) is a registered tax-exempt nonprofit based in North Dakota. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Greater Minot Youth Concert Group Inc spend its money?
Greater Minot Youth Concert Group Inc reported its financials 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 Greater Minot Youth Concert Group Inc tax-deductible?
Greater Minot Youth Concert Group Inc is registered as a tax-exempt nonprofit (EIN: 450457465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Minot Youth Concert Group Inc located?
Greater Minot Youth Concert Group Inc is headquartered in Minot, North Dakota and files with the IRS under EIN 450457465. It is classified under NTEE code X20.
How many years of IRS 990 filings does Greater Minot Youth Concert Group Inc have?
Greater Minot Youth Concert Group 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.
Filing History
IRS 990 filing history for Greater Minot Youth Concert Group Inc showing financial trends over 8 years of public records:
Total assets decreased by 23.8% over the same period, from $2K to $1K. Total functional expenses rose by 159753.3%, from $15 to $24K. In its most recent filing year (2018), Greater Minot Youth Concert Group Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $34K in liabilities against $1K in assets (debt-to-asset ratio: 2702.8%), resulting in net assets of $-32,379.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $34K | $24K | $1K | $34K | — | View 990 |
| 2017 | $50K | $40K | $2K | $44K | — | View 990 |
| 2016 | $84K | $136K | $404 | $53K | — | View 990 |
| 2015 | $54K | $62K | $1K | $2K | — | View 990 |
| 2014 | $37K | $41K | $9K | $616 | — | View 990 |
| 2013 | $58K | $45K | $15K | $2K | — | View 990 |
| 2012 | $0 | $810 | $822 | $0 | — | View 990 |
| 2011 | $0 | $15 | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $34K, expenses of $24K, and assets of $1K (revenue -33.0% year-over-year).
- 2017: Revenue of $50K, expenses of $40K, and assets of $2K (revenue -40.3% year-over-year).
- 2016: Revenue of $84K, expenses of $136K, and assets of $404 (revenue +56.9% year-over-year).
- 2015: Revenue of $54K, expenses of $62K, and assets of $1K (revenue +46.8% year-over-year).
- 2014: Revenue of $37K, expenses of $41K, and assets of $9K (revenue -36.3% year-over-year).
- 2013: Revenue of $58K, expenses of $45K, and assets of $15K.
- 2012: Revenue of $0, expenses of $810, and assets of $822.
- 2011: Revenue of $0, expenses of $15, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Minot Youth Concert Group Inc:
Data Sources and Methodology
This transparency report for Greater Minot Youth Concert Group 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.