Mclean High School Band Parents Asso
EIN: 541679679 · Mclean, VA
| Metric | Value |
|---|---|
| Total Revenue | $329K |
| Total Expenses | $334K |
| Net Assets | $37K |
Is Mclean High School Band Parents Asso Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mclean High School Band Parents Asso
Mclean High School Band Parents Asso (EIN: 541679679) is a nonprofit organization based in Mclean, VA. The organization reported total revenue of $329K and total assets of $254K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mclean High School Band Parents Asso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mclean High School Band Parents Asso is a small nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $334K |
| Surplus / Deficit | $-4,786 |
| Total Assets | $254K |
| Total Liabilities | $217K |
| Net Assets | $37K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 85.6% |
| Months of Reserves | 9.1 months |
Financial Health Grade: C
In 2024, Mclean High School Band Parents Asso reported a deficit of $5K with expenses exceeding revenue, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 85.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Mclean High School Band Parents Asso's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.1% | +14.2% | -9.8% |
| 2023 | +36.7% | +47.8% | +12.9% |
| 2022 | +592.1% | +835.3% | +24.6% |
| 2021 | -85.7% | -90.8% | +180.2% |
| 2020 | -15.7% | -9.2% | -66.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mclean High School Band Parents Asso 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 Mclean High School Band Parents Asso 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 85.6%.
Frequently Asked Questions about Mclean High School Band Parents Asso
Is Mclean High School Band Parents Asso a legitimate charity?
Mclean High School Band Parents Asso (EIN: 541679679) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $329K. No red flags identified. Financial health grade: C.
How does Mclean High School Band Parents Asso spend its money?
Mclean High School Band Parents Asso reported $329K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mclean High School Band Parents Asso tax-deductible?
Mclean High School Band Parents Asso is registered as a tax-exempt nonprofit (EIN: 541679679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mclean High School Band Parents Asso located?
Mclean High School Band Parents Asso is headquartered in Mclean, Virginia and files with the IRS under EIN 541679679.
How many years of IRS 990 filings does Mclean High School Band Parents Asso have?
Mclean High School Band Parents Asso has 14 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 $329K in total revenue.
Filing History
IRS 990 filing history for Mclean High School Band Parents Asso showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Mclean High School Band Parents Asso's revenue has declined by 4.5%, moving from $345K to $329K. Total assets increased by 10.8% over the same period, from $229K to $254K. Total functional expenses fell by 3.3%, from $345K to $334K. In its most recent filing year (2024), Mclean High School Band Parents Asso reported a deficit of $5K, with expenses exceeding revenue. The organization holds $217K in liabilities against $254K in assets (debt-to-asset ratio: 85.6%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $329K | $334K | $254K | $217K | — | — |
| 2023 | $296K | $293K | $281K | $240K | — | — |
| 2022 | $217K | $198K | $249K | $211K | — | View 990 |
| 2021 | $31K | $21K | $200K | $126K | — | View 990 |
| 2020 | $220K | $230K | $71K | $7K | — | View 990 |
| 2019 | $261K | $253K | $215K | $140K | — | View 990 |
| 2018 | $250K | $267K | $221K | $146K | — | View 990 |
| 2017 | $251K | $227K | $214K | $123K | — | View 990 |
| 2016 | $243K | $256K | $179K | $115K | — | View 990 |
| 2015 | $225K | $223K | $192K | $112K | — | View 990 |
| 2014 | $408K | $402K | $179K | $100K | — | View 990 |
| 2013 | $409K | $418K | $249K | $175K | — | View 990 |
| 2012 | $364K | $364K | $257K | $216K | — | View 990 |
| 2011 | $345K | $345K | $229K | $189K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $329K, expenses of $334K, and assets of $254K (revenue +11.1% year-over-year).
- 2023: Revenue of $296K, expenses of $293K, and assets of $281K (revenue +36.7% year-over-year).
- 2022: Revenue of $217K, expenses of $198K, and assets of $249K (revenue +592.1% year-over-year).
- 2021: Revenue of $31K, expenses of $21K, and assets of $200K (revenue -85.7% year-over-year).
- 2020: Revenue of $220K, expenses of $230K, and assets of $71K (revenue -15.7% year-over-year).
- 2019: Revenue of $261K, expenses of $253K, and assets of $215K (revenue +4.3% year-over-year).
- 2018: Revenue of $250K, expenses of $267K, and assets of $221K (revenue -0.4% year-over-year).
- 2017: Revenue of $251K, expenses of $227K, and assets of $214K (revenue +3.5% year-over-year).
- 2016: Revenue of $243K, expenses of $256K, and assets of $179K (revenue +7.8% year-over-year).
- 2015: Revenue of $225K, expenses of $223K, and assets of $192K (revenue -44.8% year-over-year).
- 2014: Revenue of $408K, expenses of $402K, and assets of $179K (revenue -0.3% year-over-year).
- 2013: Revenue of $409K, expenses of $418K, and assets of $249K (revenue +12.5% year-over-year).
- 2012: Revenue of $364K, expenses of $364K, and assets of $257K (revenue +5.4% year-over-year).
- 2011: Revenue of $345K, expenses of $345K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mclean High School Band Parents Asso:
Data Sources and Methodology
This transparency report for Mclean High School Band Parents Asso 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.