Live Tampa Bay Inc
EIN: 874080346 · Gulfport, FL · NTEE: F21
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $360K |
| Net Assets | $77K |
Is Live Tampa Bay Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Live Tampa Bay Inc
Live Tampa Bay Inc (EIN: 874080346) is a nonprofit organization based in Gulfport, FL, classified under NTEE code F21. The organization reported total revenue of $1.6M and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Live Tampa Bay Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Live Tampa Bay Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 77.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $360K |
| Surplus / Deficit | +$30K |
| Total Assets | $87K |
| Total Liabilities | $10K |
| Net Assets | $77K |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Live Tampa Bay Inc reported a surplus of $30K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Live Tampa Bay Inc's revenue has grown at a compound annual growth rate (CAGR) of 77.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.2% | +108.7% | +82.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Live Tampa Bay 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 Live Tampa Bay 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 $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Frequently Asked Questions about Live Tampa Bay Inc
Is Live Tampa Bay Inc a legitimate charity?
Live Tampa Bay Inc (EIN: 874080346) is a registered tax-exempt nonprofit based in Florida. It has 2 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Live Tampa Bay Inc spend its money?
Live Tampa Bay Inc reported $1.6M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Live Tampa Bay Inc tax-deductible?
Live Tampa Bay Inc is registered as a tax-exempt nonprofit (EIN: 874080346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Live Tampa Bay Inc located?
Live Tampa Bay Inc is headquartered in Gulfport, Florida and files with the IRS under EIN 874080346. It is classified under NTEE code F21.
How many years of IRS 990 filings does Live Tampa Bay Inc have?
Live Tampa Bay Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Live Tampa Bay Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Live Tampa Bay Inc's revenue has grown by 77.2%, moving from $220K to $389K. Total assets increased by 82.8% over the same period, from $48K to $87K. Total functional expenses rose by 108.7%, from $172K to $360K. In its most recent filing year (2023), Live Tampa Bay Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $10K in liabilities against $87K in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $360K | $87K | $10K | — | — |
| 2022 | $220K | $172K | $48K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Live Tampa Bay Inc:
Data Sources and Methodology
This transparency report for Live Tampa Bay 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.