Mountlake Terrace High School Music Boosters
EIN: 943086537 · Mountlake Ter, WA
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $111K |
| Net Assets | $56K |
Is Mountlake Terrace High School Music Boosters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mountlake Terrace High School Music Boosters
Mountlake Terrace High School Music Boosters (EIN: 943086537) is a nonprofit organization based in Mountlake Ter, WA. The organization reported total revenue of $130K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountlake Terrace High School Music Boosters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountlake Terrace High School Music Boosters is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $111K |
| Surplus / Deficit | $-24,620 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -28.6% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Mountlake Terrace High School Music Boosters reported a deficit of $25K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Mountlake Terrace High School Music Boosters's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.0% | +126.4% | -30.7% |
| 2022 | +143.8% | +58.6% | +37.0% |
| 2020 | -55.9% | -57.2% | -5.6% |
| 2019 | -23.8% | -19.2% | -13.9% |
| 2018 | -31.6% | -3.9% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mountlake Terrace High School Music Boosters 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 Mountlake Terrace High School Music Boosters 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 deficit of $25K, with expenses exceeding revenue.
Frequently Asked Questions about Mountlake Terrace High School Music Boosters
Is Mountlake Terrace High School Music Boosters a legitimate charity?
Based on AI analysis of IRS 990 filings, Mountlake Terrace High School Music Boosters (EIN: 943086537) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mountlake Terrace High School Music Boosters spend its money?
Detailed spending breakdown data is not yet available for Mountlake Terrace High School Music Boosters. Check back for updated IRS 990 analysis.
Are donations to Mountlake Terrace High School Music Boosters tax-deductible?
Mountlake Terrace High School Music Boosters is registered as a tax-exempt nonprofit (EIN: 943086537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mountlake Terrace High School Music Boosters located?
Mountlake Terrace High School Music Boosters is headquartered in Mountlake Ter, Washington and files with the IRS under EIN 943086537.
How many years of IRS 990 filings does Mountlake Terrace High School Music Boosters have?
Mountlake Terrace High School Music Boosters 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 $130K in total revenue.
Filing History
IRS 990 filing history for Mountlake Terrace High School Music Boosters showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mountlake Terrace High School Music Boosters's revenue has grown by 46.1%, moving from $59K to $86K. Total assets increased by 10.5% over the same period, from $50K to $56K. Total functional expenses rose by 99.7%, from $55K to $111K. In its most recent filing year (2023), Mountlake Terrace High School Music Boosters reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $111K | $56K | $0 | — | View 990 |
| 2022 | $67K | $49K | $80K | $0 | — | View 990 |
| 2020 | $27K | $31K | $59K | $0 | — | View 990 |
| 2019 | $62K | $72K | $62K | $0 | — | — |
| 2018 | $82K | $89K | $72K | $0 | — | View 990 |
| 2017 | $119K | $93K | $80K | $0 | — | View 990 |
| 2016 | $77K | $83K | $54K | $0 | — | View 990 |
| 2015 | $59K | $66K | $61K | $0 | — | View 990 |
| 2014 | $90K | $77K | $68K | $0 | — | View 990 |
| 2013 | $80K | $77K | $54K | $0 | — | View 990 |
| 2012 | $92K | $91K | $52K | $0 | — | View 990 |
| 2011 | $59K | $55K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $111K, and assets of $56K (revenue +29.0% year-over-year).
- 2022: Revenue of $67K, expenses of $49K, and assets of $80K (revenue +143.8% year-over-year).
- 2020: Revenue of $27K, expenses of $31K, and assets of $59K (revenue -55.9% year-over-year).
- 2019: Revenue of $62K, expenses of $72K, and assets of $62K (revenue -23.8% year-over-year).
- 2018: Revenue of $82K, expenses of $89K, and assets of $72K (revenue -31.6% year-over-year).
- 2017: Revenue of $119K, expenses of $93K, and assets of $80K (revenue +55.0% year-over-year).
- 2016: Revenue of $77K, expenses of $83K, and assets of $54K (revenue +31.5% year-over-year).
- 2015: Revenue of $59K, expenses of $66K, and assets of $61K (revenue -35.3% year-over-year).
- 2014: Revenue of $90K, expenses of $77K, and assets of $68K (revenue +13.6% year-over-year).
- 2013: Revenue of $80K, expenses of $77K, and assets of $54K (revenue -13.6% year-over-year).
- 2012: Revenue of $92K, expenses of $91K, and assets of $52K (revenue +56.2% year-over-year).
- 2011: Revenue of $59K, expenses of $55K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountlake Terrace High School Music Boosters:
Data Sources and Methodology
This transparency report for Mountlake Terrace High School Music Boosters 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.