Mustang Youth Basketball Program Inc
EIN: 822755238 · Omaha, NE · NTEE: N62
| Metric | Value |
|---|---|
| Total Expenses | $172K |
| Net Assets | $60K |
Is Mustang Youth Basketball Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mustang Youth Basketball Program Inc
Mustang Youth Basketball Program Inc (EIN: 822755238) is a nonprofit organization based in Omaha, NE, classified under NTEE code N62. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mustang Youth Basketball Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mustang Youth Basketball Program Inc is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $172K |
| Surplus / Deficit | $-8,091 |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | -4.9% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Mustang Youth Basketball Program Inc reported a deficit of $8K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2018–2023), Mustang Youth Basketball Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | +1.9% | -11.9% |
| 2022 | +16.7% | +10.9% | +3.2% |
| 2021 | +2.2% | +71.8% | -32.7% |
| 2019 | +19.6% | -24.4% | +121.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mustang Youth Basketball Program 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 Mustang Youth Basketball Program 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 deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Mustang Youth Basketball Program Inc
Is Mustang Youth Basketball Program Inc a legitimate charity?
Mustang Youth Basketball Program Inc (EIN: 822755238) is a registered tax-exempt nonprofit based in Nebraska. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Mustang Youth Basketball Program Inc spend its money?
Mustang Youth Basketball Program Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mustang Youth Basketball Program Inc tax-deductible?
Mustang Youth Basketball Program Inc is registered as a tax-exempt nonprofit (EIN: 822755238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mustang Youth Basketball Program Inc located?
Mustang Youth Basketball Program Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 822755238. It is classified under NTEE code N62.
How many years of IRS 990 filings does Mustang Youth Basketball Program Inc have?
Mustang Youth Basketball Program Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Mustang Youth Basketball Program Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Mustang Youth Basketball Program Inc's revenue has grown by 36.9%, moving from $120K to $164K. Total assets increased by 35.2% over the same period, from $44K to $60K. Total functional expenses rose by 46.8%, from $117K to $172K. In its most recent filing year (2023), Mustang Youth Basketball Program Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $172K | $60K | $0 | — | — |
| 2022 | $171K | $169K | $68K | $0 | — | View 990 |
| 2021 | $146K | $152K | $66K | $0 | — | View 990 |
| 2019 | $143K | $89K | $98K | $0 | — | View 990 |
| 2018 | $120K | $117K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $172K, and assets of $60K (revenue -4.0% year-over-year).
- 2022: Revenue of $171K, expenses of $169K, and assets of $68K (revenue +16.7% year-over-year).
- 2021: Revenue of $146K, expenses of $152K, and assets of $66K (revenue +2.2% year-over-year).
- 2019: Revenue of $143K, expenses of $89K, and assets of $98K (revenue +19.6% year-over-year).
- 2018: Revenue of $120K, expenses of $117K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mustang Youth Basketball Program Inc:
Data Sources and Methodology
This transparency report for Mustang Youth Basketball Program 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.