Houston Ncaa Final Four Organizing Committee Inc
Houston NCAA Final Four Organizing Committee shows highly fluctuating finances, significant liabilities, and no executive compensation.
EIN: 201178374 · Houston, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $8.4M |
| Program Spending | 90% |
| Net Assets | $-8,740,430 |
| Transparency Score | 70/100 |
Is Houston Ncaa Final Four Organizing Committee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Houston Ncaa Final Four Organizing Committee Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Houston Ncaa Final Four Organizing Committee Inc
Houston Ncaa Final Four Organizing Committee Inc (EIN: 201178374) is a nonprofit organization based in Houston, TX. 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 Houston Ncaa Final Four Organizing Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston Ncaa Final Four Organizing Committee Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-7,098,425 |
| Total Assets | $1.4M |
| Total Liabilities | $10.1M |
| Net Assets | $-8,740,430 |
| Operating Margin | -561.5% |
| Debt-to-Asset Ratio | 722.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2016, Houston Ncaa Final Four Organizing Committee Inc reported a deficit of $7.1M with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 722.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Houston Ncaa Final Four Organizing Committee Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -100.0% | -58.6% | -40.9% |
| 2012 | +463.6% | -98.1% | -62.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Houston Ncaa Final Four Organizing Committee 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: 90%
- fundraising: 0%
According to IRS 990 filings, Houston Ncaa Final Four Organizing Committee Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 722.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries were paid, which is highly favorable for resource allocation.
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 Houston Ncaa Final Four Organizing Committee Inc's IRS 990 filings:
- Significant operational deficits in active years (e.g., $8,362,544 expenses vs $1,264,119 revenue in 2016)
- High liabilities relative to assets in several periods (e.g., $10,144,684 liabilities vs $1,404,254 assets in 2016)
- Latest filing shows $0 revenue and assets, indicating potential dormancy without clear dissolution information.
Strengths
The following positive indicators were identified for Houston Ncaa Final Four Organizing Committee Inc:
- Consistently reports 0% officer compensation across all filings, indicating efficient use of funds for operations.
- Successfully organized a major sporting event (NCAA Final Four), fulfilling its primary mission.
Frequently Asked Questions about Houston Ncaa Final Four Organizing Committee Inc
Is Houston Ncaa Final Four Organizing Committee Inc a legitimate charity?
Houston Ncaa Final Four Organizing Committee Inc (EIN: 201178374) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Houston Ncaa Final Four Organizing Committee Inc spend its money?
Houston Ncaa Final Four Organizing Committee Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Houston Ncaa Final Four Organizing Committee Inc tax-deductible?
Houston Ncaa Final Four Organizing Committee Inc is registered as a tax-exempt nonprofit (EIN: 201178374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houston Ncaa Final Four Organizing Committee Inc located?
Houston Ncaa Final Four Organizing Committee Inc is headquartered in Houston, Texas and files with the IRS under EIN 201178374.
How many years of IRS 990 filings does Houston Ncaa Final Four Organizing Committee Inc have?
Houston Ncaa Final Four Organizing Committee Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Houston Ncaa Final Four Organizing Committee Inc a good charity?
As an event-specific organizing committee, its 'charitable' nature is tied to the successful execution of the NCAA Final Four event. The lack of executive compensation is a positive, but the significant liabilities and operational deficits in peak years (e.g., $8,362,544 expenses vs $1,264,119 revenue in 2016) suggest a complex financial model, likely relying on external funding or future revenue streams.
Why does the organization have $0 revenue and assets in its latest filing?
The latest filing showing $0 revenue and assets suggests the organization has either become dormant or has completed its primary function (organizing the NCAA Final Four) and is no longer actively generating revenue or holding significant assets.
What caused the large liabilities in certain years?
The large liabilities, such as $10,144,684 in 2016 and $17,037,271 in 2011, are likely due to event-related expenses, contractual obligations, or deferred revenue related to hosting the NCAA Final Four, which is common for large-scale event organizers.
Filing History
IRS 990 filing history for Houston Ncaa Final Four Organizing Committee Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Houston Ncaa Final Four Organizing Committee Inc's revenue has declined by 28.2%, moving from $1.8M to $1.3M. Total assets decreased by 74.4% over the same period, from $5.5M to $1.4M. Total functional expenses fell by 29.6%, from $11.9M to $8.4M. In its most recent filing year (2016), Houston Ncaa Final Four Organizing Committee Inc reported a deficit of $7.1M, with expenses exceeding revenue. The organization holds $10.1M in liabilities against $1.4M in assets (debt-to-asset ratio: 722.4%), resulting in net assets of $-8,740,430.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.3M | $8.4M | $1.4M | $10.1M | — | — |
| 2015 | $0 | $1.7M | $2.7M | $4.4M | — | View 990 |
| 2014 | $0 | $100K | $1.1M | $1.2M | — | View 990 |
| 2013 | $0 | $96K | $1.2M | $1.2M | — | View 990 |
| 2012 | $9.9M | $231K | $2.0M | $1.9M | — | View 990 |
| 2011 | $1.8M | $11.9M | $5.5M | $17.0M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.3M, expenses of $8.4M, and assets of $1.4M.
- 2015: Revenue of $0, expenses of $1.7M, and assets of $2.7M.
- 2014: Revenue of $0, expenses of $100K, and assets of $1.1M.
- 2013: Revenue of $0, expenses of $96K, and assets of $1.2M (revenue -100.0% year-over-year).
- 2012: Revenue of $9.9M, expenses of $231K, and assets of $2.0M (revenue +463.6% year-over-year).
- 2011: Revenue of $1.8M, expenses of $11.9M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houston Ncaa Final Four Organizing Committee Inc:
Data Sources and Methodology
This transparency report for Houston Ncaa Final Four Organizing Committee 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.