Lanse Creuse High School Central Band Boosters Inc
Lanse Creuse High School Central Band Boosters Inc shows strong revenue growth but experienced a deficit and significant increase in liabilities in 2022.
EIN: 141864020 · Harrison Twp, MI · NTEE: B94 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $59K |
| Transparency Score | 85/100 |
Is Lanse Creuse High School Central 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 →
Lanse Creuse High School Central Band Boosters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lanse Creuse High School Central Band Boosters Inc
Lanse Creuse High School Central Band Boosters Inc (EIN: 141864020) is a nonprofit organization based in Harrison Twp, MI, classified under NTEE code B94. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lanse Creuse High School Central Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lanse Creuse High School Central Band Boosters Inc is a mid-size nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-123,768 |
| Total Assets | $60K |
| Total Liabilities | $2K |
| Net Assets | $59K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2022, Lanse Creuse High School Central Band Boosters Inc reported a deficit of $124K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Lanse Creuse High School Central Band Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.9% | +15.8% | -66.9% |
| 2021 | +287.9% | +284.3% | +229.5% |
| 2020 | +26.8% | +21.7% | -26.9% |
| 2018 | -26.9% | -42.5% | +9.1% |
| 2017 | +10.4% | +69.9% | -54.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Lanse Creuse High School Central Band Boosters Inc with a Mission Score of 85 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: 90%
- fundraising: 5%
According to IRS 990 filings, Lanse Creuse High School Central Band Boosters Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size and revenue.
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 Lanse Creuse High School Central Band Boosters Inc's IRS 990 filings:
- Significant increase in liabilities to $1,572,000 in 2022, up from $0 in 2021, which requires further scrutiny.
- Expenses ($1,440,997) exceeded revenue ($1,317,229) in 2022, resulting in a deficit for the year.
Strengths
The following positive indicators were identified for Lanse Creuse High School Central Band Boosters Inc:
- Consistent 0% officer compensation across all filings, indicating a volunteer-driven leadership and efficient use of funds.
- Strong revenue generation, particularly in 2021 ($1,371,265) and 2022 ($1,317,229), demonstrating significant community support.
- Consistent filing history, indicating good transparency and compliance with IRS regulations.
Frequently Asked Questions about Lanse Creuse High School Central Band Boosters Inc
Is Lanse Creuse High School Central Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lanse Creuse High School Central Band Boosters Inc (EIN: 141864020) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Lanse Creuse High School Central Band Boosters Inc spend its money?
Lanse Creuse High School Central Band Boosters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lanse Creuse High School Central Band Boosters Inc tax-deductible?
Lanse Creuse High School Central Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 141864020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lanse Creuse High School Central Band Boosters Inc's spending goes to programs?
Lanse Creuse High School Central Band Boosters Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lanse Creuse High School Central Band Boosters Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lanse Creuse High School Central Band Boosters Inc is above average for NTEE category B94 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lanse Creuse High School Central Band Boosters Inc located?
Lanse Creuse High School Central Band Boosters Inc is headquartered in Harrison Twp, Michigan and files with the IRS under EIN 141864020. It is classified under NTEE code B94.
How many years of IRS 990 filings does Lanse Creuse High School Central Band Boosters Inc have?
Lanse Creuse High School Central Band Boosters Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Lanse Creuse High School Central Band Boosters Inc a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates strong revenue generation, particularly in recent years, and a commitment to its mission through volunteer leadership (0% officer compensation). While there was a deficit and a significant increase in liabilities in 2022, the overall trend shows substantial financial activity supporting its purpose.
What caused the large increase in liabilities in 2022?
The filings indicate a jump in liabilities from $0 in 2021 to $1,572,000 in 2022. Without further detail from the 990 forms, it's not possible to pinpoint the exact cause, but it warrants further investigation to understand if this is related to a major project, debt, or other financial obligation.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, often operating with a surplus, such as in 2021 where revenue ($1,371,265) exceeded expenses ($1,244,049). However, in 2022, expenses ($1,440,997) surpassed revenue ($1,317,229), leading to a deficit for that year. This suggests a need for careful monitoring of spending, especially with the increased liabilities.
Filing History
IRS 990 filing history for Lanse Creuse High School Central Band Boosters Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Lanse Creuse High School Central Band Boosters Inc's revenue has grown by 302.5%, moving from $327K to $1.3M. Total assets increased by 75.6% over the same period, from $34K to $60K. Total functional expenses rose by 343.7%, from $325K to $1.4M. In its most recent filing year (2022), Lanse Creuse High School Central Band Boosters Inc reported a deficit of $124K, with expenses exceeding revenue. The organization holds $2K in liabilities against $60K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.3M | $1.4M | $60K | $2K | — | View 990 |
| 2021 | $1.4M | $1.2M | $183K | $0 | — | View 990 |
| 2020 | $353K | $324K | $55K | $0 | — | View 990 |
| 2018 | $279K | $266K | $76K | $1K | — | View 990 |
| 2017 | $381K | $462K | $70K | $8K | — | View 990 |
| 2016 | $345K | $272K | $151K | $9K | — | View 990 |
| 2015 | $352K | $344K | $77K | $8K | — | View 990 |
| 2014 | $317K | $292K | $74K | $13K | — | View 990 |
| 2013 | $441K | $502K | $48K | $12K | — | View 990 |
| 2012 | $346K | $268K | $233K | $136K | — | View 990 |
| 2011 | $327K | $325K | $34K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $60K (revenue -3.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $183K (revenue +287.9% year-over-year).
- 2020: Revenue of $353K, expenses of $324K, and assets of $55K (revenue +26.8% year-over-year).
- 2018: Revenue of $279K, expenses of $266K, and assets of $76K (revenue -26.9% year-over-year).
- 2017: Revenue of $381K, expenses of $462K, and assets of $70K (revenue +10.4% year-over-year).
- 2016: Revenue of $345K, expenses of $272K, and assets of $151K (revenue -2.0% year-over-year).
- 2015: Revenue of $352K, expenses of $344K, and assets of $77K (revenue +11.2% year-over-year).
- 2014: Revenue of $317K, expenses of $292K, and assets of $74K (revenue -28.2% year-over-year).
- 2013: Revenue of $441K, expenses of $502K, and assets of $48K (revenue +27.7% year-over-year).
- 2012: Revenue of $346K, expenses of $268K, and assets of $233K (revenue +5.6% year-over-year).
- 2011: Revenue of $327K, expenses of $325K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lanse Creuse High School Central Band Boosters Inc:
Data Sources and Methodology
This transparency report for Lanse Creuse High School Central 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.