Marvin Ridge Mavericks Athleticsbooster Club Inc

Marvin Ridge Mavericks Athleticsbooster Club Inc shows strong revenue growth and zero officer compensation, but rising liabilities warrant attention.

EIN: 208529959 · Waxhaw, NC · NTEE: B19 · Updated: 2026-03-28

$800KRevenue

$886KAssets

85/100Mission Score (Excellent)

B19

About Marvin Ridge Mavericks Athleticsbooster Club Inc

Marvin Ridge Mavericks Athleticsbooster Club Inc (EIN: 208529959) is a nonprofit organization based in Waxhaw, NC, classified under NTEE code B19. The organization reported total revenue of $800K and total assets of $886K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marvin Ridge Mavericks Athleticsbooster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Marvin Ridge Mavericks Athleticsbooster Club Inc demonstrates a consistent financial operation, with revenues and expenses generally increasing over the past few years, peaking in the 202305 period with revenues of $731,851 and expenses of $826,955. The organization's assets have also grown significantly, reaching $886,415 in the latest period, indicating a healthy accumulation of resources. However, liabilities have also seen a substantial increase, reaching $578,467 in 202305, which warrants closer examination to understand their nature and impact on the organization's long-term financial stability.

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of funds for its stated mission. This practice enhances its financial efficiency and transparency. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation suggests a high proportion of funds are likely directed towards athletic programs and support. The significant growth in both revenue and expenses, particularly in recent years, suggests an expanding scope of activities and community engagement.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Marvin Ridge Mavericks Athleticsbooster Club 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, Marvin Ridge Mavericks Athleticsbooster Club 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.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and dedicates all its operational funds to its mission rather than executive salaries.

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 Marvin Ridge Mavericks Athleticsbooster Club Inc's IRS 990 filings:

Significant increase in liabilities from $49,229 in 202105 to $578,467 in 202305, which needs further explanation.

Strengths

The following positive indicators were identified for Marvin Ridge Mavericks Athleticsbooster Club Inc:

Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong revenue growth, with latest revenue at $800,049 and a peak of $731,851 in 202305.
Increasing assets, reaching $886,415 in the latest period, demonstrating financial stability.
Positive net assets (Assets minus Liabilities) in most periods, despite recent liability increases.

Frequently Asked Questions about Marvin Ridge Mavericks Athleticsbooster Club Inc

Is Marvin Ridge Mavericks Athleticsbooster Club Inc a good charity?

Based on the available data, the organization appears to be a good charity. It demonstrates strong revenue growth, a clear commitment to its mission through 0% officer compensation, and increasing assets. However, understanding the nature of its growing liabilities would provide a more complete picture.

What caused the significant increase in liabilities to $578,467 in 202305?

The provided data does not specify the nature of these liabilities. Further investigation into the IRS 990 forms (specifically Part X, Balance Sheet) would be necessary to understand if these are program-related payables, debt, or other obligations.

How does the organization manage its financial growth?

The organization has shown consistent growth in both revenue and expenses, indicating an expanding operational scale. The increase in assets suggests effective resource accumulation, while the 0% officer compensation points to efficient management of personnel costs.

Filing History

IRS 990 filing history for Marvin Ridge Mavericks Athleticsbooster Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Marvin Ridge Mavericks Athleticsbooster Club Inc's revenue has grown by 89.8%, moving from $386K to $732K. Total assets increased by 665.7% over the same period, from $95K to $724K. Total functional expenses rose by 89.7%, from $436K to $827K. In its most recent filing year (2023), Marvin Ridge Mavericks Athleticsbooster Club Inc reported a deficit of $95K, with expenses exceeding revenue. The organization holds $578K in liabilities against $724K in assets (debt-to-asset ratio: 79.9%), resulting in net assets of $145K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$732K	$827K	$724K	$578K	—	View 990
2022	$678K	$764K	$788K	$548K	—	View 990
2021	$320K	$284K	$375K	$49K	—	View 990
2020	$417K	$370K	$333K	$44K	—	View 990
2019	$390K	$420K	$325K	$83K	—	View 990
2018	$442K	$410K	$399K	$127K	—	View 990
2017	$418K	$364K	$392K	$82K	—	View 990
2016	$349K	$290K	$352K	$97K	—	View 990
2015	$487K	$352K	$318K	$119K	—	View 990
2014	$359K	$272K	$215K	$153K	—	View 990
2013	$372K	$303K	$380K	$189K	—	—
2012	$423K	$386K	$147K	$25K	—	View 990
2011	$386K	$436K	$95K	$9K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $732K, expenses of $827K, and assets of $724K (revenue +7.9% year-over-year).
2022: Revenue of $678K, expenses of $764K, and assets of $788K (revenue +111.8% year-over-year).
2021: Revenue of $320K, expenses of $284K, and assets of $375K (revenue -23.3% year-over-year).
2020: Revenue of $417K, expenses of $370K, and assets of $333K (revenue +7.1% year-over-year).
2019: Revenue of $390K, expenses of $420K, and assets of $325K (revenue -11.8% year-over-year).
2018: Revenue of $442K, expenses of $410K, and assets of $399K (revenue +5.6% year-over-year).
2017: Revenue of $418K, expenses of $364K, and assets of $392K (revenue +19.9% year-over-year).
2016: Revenue of $349K, expenses of $290K, and assets of $352K (revenue -28.4% year-over-year).
2015: Revenue of $487K, expenses of $352K, and assets of $318K (revenue +35.7% year-over-year).
2014: Revenue of $359K, expenses of $272K, and assets of $215K (revenue -3.5% year-over-year).
2013: Revenue of $372K, expenses of $303K, and assets of $380K (revenue -12.0% year-over-year).
2012: Revenue of $423K, expenses of $386K, and assets of $147K (revenue +9.6% year-over-year).
2011: Revenue of $386K, expenses of $436K, and assets of $95K.

Data Sources and Methodology

This transparency report for Marvin Ridge Mavericks Athleticsbooster 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.