Latc Parent Booster Club Inc
EIN: 473956486 · Hopkinsville, KY · NTEE: O51
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $256K |
| Net Assets | $18K |
Is Latc Parent Booster Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latc Parent Booster Club Inc
Latc Parent Booster Club Inc (EIN: 473956486) is a nonprofit organization based in Hopkinsville, KY, classified under NTEE code O51. The organization reported total revenue of $535K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latc Parent Booster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latc Parent Booster Club Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 49.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $256K |
| Surplus / Deficit | +$10K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 3.6% |
| Months of Reserves | 0.8 months |
Financial Health Grade: A
In 2023, Latc Parent Booster Club Inc reported a surplus of $10K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Latc Parent Booster Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 49.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.4% | +76.2% | +120.5% |
| 2022 | +1080.1% | +1027.4% | +732.7% |
| 2021 | -30.3% | -27.0% | +2.7% |
| 2020 | -57.2% | -59.2% | +1226.8% |
| 2019 | -12.7% | -12.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latc Parent Booster Club 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 Latc Parent Booster Club 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Latc Parent Booster Club Inc
Is Latc Parent Booster Club Inc a legitimate charity?
Latc Parent Booster Club Inc (EIN: 473956486) is a registered tax-exempt nonprofit based in Kentucky. It has 9 years of IRS 990 filings on record. Total revenue: $535K. No red flags identified. Financial health grade: A.
How does Latc Parent Booster Club Inc spend its money?
Latc Parent Booster Club Inc reported $535K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Latc Parent Booster Club Inc tax-deductible?
Latc Parent Booster Club Inc is registered as a tax-exempt nonprofit (EIN: 473956486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latc Parent Booster Club Inc located?
Latc Parent Booster Club Inc is headquartered in Hopkinsville, Kentucky and files with the IRS under EIN 473956486. It is classified under NTEE code O51.
How many years of IRS 990 filings does Latc Parent Booster Club Inc have?
Latc Parent Booster Club Inc has 9 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 $535K in total revenue.
Filing History
IRS 990 filing history for Latc Parent Booster Club Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Latc Parent Booster Club Inc's revenue has grown by 2343.9%, moving from $11K to $266K. Total assets increased by 35410% over the same period, from $50 to $18K. Total functional expenses rose by 2098.2%, from $12K to $256K. In its most recent filing year (2023), Latc Parent Booster Club Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $256K | $18K | $0 | — | — |
| 2022 | $152K | $145K | $8K | $0 | — | View 990 |
| 2021 | $13K | $13K | $967 | $0 | — | View 990 |
| 2020 | $19K | $18K | $942 | $0 | — | View 990 |
| 2019 | $43K | $43K | $71 | $0 | — | View 990 |
| 2018 | $50K | $50K | $71 | $0 | — | View 990 |
| 2017 | $97K | $97K | $71 | $0 | — | View 990 |
| 2016 | $7K | $7K | $72 | $0 | — | View 990 |
| 2015 | $11K | $12K | $50 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $256K, and assets of $18K (revenue +74.4% year-over-year).
- 2022: Revenue of $152K, expenses of $145K, and assets of $8K (revenue +1080.1% year-over-year).
- 2021: Revenue of $13K, expenses of $13K, and assets of $967 (revenue -30.3% year-over-year).
- 2020: Revenue of $19K, expenses of $18K, and assets of $942 (revenue -57.2% year-over-year).
- 2019: Revenue of $43K, expenses of $43K, and assets of $71 (revenue -12.7% year-over-year).
- 2018: Revenue of $50K, expenses of $50K, and assets of $71 (revenue -48.7% year-over-year).
- 2017: Revenue of $97K, expenses of $97K, and assets of $71 (revenue +1234.9% year-over-year).
- 2016: Revenue of $7K, expenses of $7K, and assets of $72 (revenue -33.5% year-over-year).
- 2015: Revenue of $11K, expenses of $12K, and assets of $50.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latc Parent Booster Club Inc:
Data Sources and Methodology
This transparency report for Latc Parent Booster Club 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.