Lassiter Band Boosters Association Inc
EIN: 581620936 · Marietta, GA · NTEE: B25I
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $286K |
| Net Assets | $98K |
Is Lassiter Band Boosters Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lassiter Band Boosters Association Inc
Lassiter Band Boosters Association Inc (EIN: 581620936) is a nonprofit organization based in Marietta, GA, classified under NTEE code B25I. The organization reported total revenue of $401K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lassiter Band Boosters Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lassiter Band Boosters Association Inc is a small nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $286K |
| Total Expenses | $286K |
| Surplus / Deficit | +$581 |
| Total Assets | $206K |
| Total Liabilities | $108K |
| Net Assets | $98K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 52.4% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Lassiter Band Boosters Association Inc reported a surplus of $581 with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 52.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lassiter Band Boosters Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.2% | +53.6% | +11.8% |
| 2022 | +71.1% | +102.8% | +134.2% |
| 2021 | -51.7% | -72.5% | +75.0% |
| 2020 | -45.6% | -42.1% | -65.6% |
| 2019 | -25.0% | -8.5% | -41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lassiter Band Boosters Association 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 Lassiter Band Boosters Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $581, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.4%.
Frequently Asked Questions about Lassiter Band Boosters Association Inc
Is Lassiter Band Boosters Association Inc a legitimate charity?
Lassiter Band Boosters Association Inc (EIN: 581620936) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $401K. No red flags identified. Financial health grade: A.
How does Lassiter Band Boosters Association Inc spend its money?
Lassiter Band Boosters Association Inc reported $401K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lassiter Band Boosters Association Inc tax-deductible?
Lassiter Band Boosters Association Inc is registered as a tax-exempt nonprofit (EIN: 581620936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lassiter Band Boosters Association Inc located?
Lassiter Band Boosters Association Inc is headquartered in Marietta, Georgia and files with the IRS under EIN 581620936. It is classified under NTEE code B25I.
How many years of IRS 990 filings does Lassiter Band Boosters Association Inc have?
Lassiter Band Boosters Association Inc has 12 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 $401K in total revenue.
Filing History
IRS 990 filing history for Lassiter Band Boosters Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lassiter Band Boosters Association Inc's revenue has declined by 47.1%, moving from $541K to $286K. Total assets increased by 0.6% over the same period, from $204K to $206K. Total functional expenses fell by 44.7%, from $517K to $286K. In its most recent filing year (2023), Lassiter Band Boosters Association Inc reported a surplus of $581, with revenue exceeding expenses. The organization holds $108K in liabilities against $206K in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $98K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $286K | $286K | $206K | $108K | — | View 990 |
| 2022 | $215K | $186K | $184K | $87K | — | View 990 |
| 2021 | $126K | $92K | $78K | $10K | — | — |
| 2020 | $260K | $334K | $45K | $11K | — | View 990 |
| 2019 | $477K | $576K | $130K | $26K | — | View 990 |
| 2018 | $636K | $629K | $225K | $23K | — | — |
| 2017 | $605K | $560K | $219K | $21K | — | View 990 |
| 2016 | $549K | $494K | $169K | $19K | — | View 990 |
| 2015 | $546K | $708K | $109K | $18K | — | View 990 |
| 2014 | $617K | $585K | $274K | $21K | — | View 990 |
| 2013 | $843K | $802K | $240K | $18K | — | View 990 |
| 2012 | $541K | $517K | $204K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $286K, expenses of $286K, and assets of $206K (revenue +33.2% year-over-year).
- 2022: Revenue of $215K, expenses of $186K, and assets of $184K (revenue +71.1% year-over-year).
- 2021: Revenue of $126K, expenses of $92K, and assets of $78K (revenue -51.7% year-over-year).
- 2020: Revenue of $260K, expenses of $334K, and assets of $45K (revenue -45.6% year-over-year).
- 2019: Revenue of $477K, expenses of $576K, and assets of $130K (revenue -25.0% year-over-year).
- 2018: Revenue of $636K, expenses of $629K, and assets of $225K (revenue +5.1% year-over-year).
- 2017: Revenue of $605K, expenses of $560K, and assets of $219K (revenue +10.2% year-over-year).
- 2016: Revenue of $549K, expenses of $494K, and assets of $169K (revenue +0.6% year-over-year).
- 2015: Revenue of $546K, expenses of $708K, and assets of $109K (revenue -11.5% year-over-year).
- 2014: Revenue of $617K, expenses of $585K, and assets of $274K (revenue -26.8% year-over-year).
- 2013: Revenue of $843K, expenses of $802K, and assets of $240K (revenue +55.8% year-over-year).
- 2012: Revenue of $541K, expenses of $517K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lassiter Band Boosters Association Inc:
Data Sources and Methodology
This transparency report for Lassiter Band Boosters Association 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.