Nebraska State Bandmasters Association
EIN: 237083080 · Elkhorn, NE · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $198K |
| Net Assets | $238K |
Is Nebraska State Bandmasters Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska State Bandmasters Association
Nebraska State Bandmasters Association (EIN: 237083080) is a nonprofit organization based in Elkhorn, NE, classified under NTEE code A68. The organization reported total revenue of $233K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska State Bandmasters Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska State Bandmasters Association is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $198K |
| Surplus / Deficit | +$14K |
| Total Assets | $261K |
| Total Liabilities | $23K |
| Net Assets | $238K |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2024, Nebraska State Bandmasters Association reported a surplus of $14K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Nebraska State Bandmasters Association's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.6% | +15.5% | +16.3% |
| 2023 | +134.2% | +1345.2% | +4.4% |
| 2021 | -262.6% | -59.8% | -28.0% |
| 2020 | -23.4% | +51.5% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska State Bandmasters Association 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 Nebraska State Bandmasters Association 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Frequently Asked Questions about Nebraska State Bandmasters Association
Is Nebraska State Bandmasters Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebraska State Bandmasters Association (EIN: 237083080) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nebraska State Bandmasters Association spend its money?
Detailed spending breakdown data is not yet available for Nebraska State Bandmasters Association. Check back for updated IRS 990 analysis.
Are donations to Nebraska State Bandmasters Association tax-deductible?
Nebraska State Bandmasters Association is registered as a tax-exempt nonprofit (EIN: 237083080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska State Bandmasters Association located?
Nebraska State Bandmasters Association is headquartered in Elkhorn, Nebraska and files with the IRS under EIN 237083080. It is classified under NTEE code A68.
How many years of IRS 990 filings does Nebraska State Bandmasters Association have?
Nebraska State Bandmasters Association has 13 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 $233K in total revenue.
Filing History
IRS 990 filing history for Nebraska State Bandmasters Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Nebraska State Bandmasters Association's revenue has grown by 1479.7%, moving from $13K to $212K. Total assets increased by 236.4% over the same period, from $78K to $261K. Total functional expenses rose by 1692.2%, from $11K to $198K. In its most recent filing year (2024), Nebraska State Bandmasters Association reported a surplus of $14K, with revenue exceeding expenses. The organization holds $23K in liabilities against $261K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $212K | $198K | $261K | $23K | — | — |
| 2023 | $180K | $172K | $224K | $712 | — | View 990 |
| 2022 | $77K | $12K | $215K | $0 | — | View 990 |
| 2021 | $-52,350 | $6K | $150K | $0 | — | — |
| 2020 | $32K | $15K | $208K | $0 | — | View 990 |
| 2019 | $42K | $10K | $190K | $0 | — | View 990 |
| 2018 | $42K | $8K | $158K | $0 | — | View 990 |
| 2017 | $2K | $9K | $124K | $0 | — | View 990 |
| 2016 | $9K | $8K | $131K | $0 | — | View 990 |
| 2015 | $28K | $10K | $130K | $0 | — | View 990 |
| 2014 | $25K | $8K | $112K | $0 | — | View 990 |
| 2013 | $28K | $12K | $95K | $0 | — | View 990 |
| 2012 | $13K | $11K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $212K, expenses of $198K, and assets of $261K (revenue +17.6% year-over-year).
- 2023: Revenue of $180K, expenses of $172K, and assets of $224K (revenue +134.2% year-over-year).
- 2022: Revenue of $77K, expenses of $12K, and assets of $215K.
- 2021: Revenue of $-52,350, expenses of $6K, and assets of $150K (revenue -262.6% year-over-year).
- 2020: Revenue of $32K, expenses of $15K, and assets of $208K (revenue -23.4% year-over-year).
- 2019: Revenue of $42K, expenses of $10K, and assets of $190K (revenue -0.5% year-over-year).
- 2018: Revenue of $42K, expenses of $8K, and assets of $158K (revenue +1935.4% year-over-year).
- 2017: Revenue of $2K, expenses of $9K, and assets of $124K (revenue -77.2% year-over-year).
- 2016: Revenue of $9K, expenses of $8K, and assets of $131K (revenue -67.2% year-over-year).
- 2015: Revenue of $28K, expenses of $10K, and assets of $130K (revenue +12.1% year-over-year).
- 2014: Revenue of $25K, expenses of $8K, and assets of $112K (revenue -13.1% year-over-year).
- 2013: Revenue of $28K, expenses of $12K, and assets of $95K (revenue +112.2% year-over-year).
- 2012: Revenue of $13K, expenses of $11K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska State Bandmasters Association:
Data Sources and Methodology
This transparency report for Nebraska State Bandmasters Association 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.