Norfolk Panther Booster Club Inc
Norfolk Panther Booster Club Inc maintains strong financial solvency with no liabilities and volunteer-driven leadership.
EIN: 200200302 · Norfolk, NE · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $110K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $155K |
| Transparency Score | 92/100 |
Is Norfolk Panther Booster Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Norfolk Panther Booster Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Norfolk Panther Booster Club Inc
Norfolk Panther Booster Club Inc (EIN: 200200302) is a nonprofit organization based in Norfolk, NE, classified under NTEE code B11. The organization reported total revenue of $182K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfolk Panther Booster Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfolk Panther Booster Club Inc is a small nonprofit that has been operating for 4 years, with 8 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $110K |
| Surplus / Deficit | $-4,445 |
| Total Assets | $155K |
| Net Assets | $155K |
| Operating Margin | -4.2% |
| Months of Reserves | 16.8 months |
Financial Health Grade: B
In 2024, Norfolk Panther Booster Club Inc reported a deficit of $4K with expenses exceeding revenue, holds 16.8 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2012–2024), Norfolk Panther Booster Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.8% | +22.3% | -2.8% |
| 2023 | +1.8% | -9.3% | +8.7% |
| 2022 | +21.5% | +84.6% | +10.7% |
| 2020 | +23.4% | +47.8% | +39.5% |
| 2015 | +41.0% | -50.0% | +48.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Norfolk Panther Booster Club Inc with a Mission Score of 92 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, Norfolk Panther Booster 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is entirely volunteer-run at the leadership level, which is highly efficient for an organization of its size with revenues around $100,000 annually.
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.
Strengths
The following positive indicators were identified for Norfolk Panther Booster Club Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- No reported liabilities across all filings, demonstrating strong financial solvency.
- Healthy and growing asset base, from $108,003 in 2012 to $154,796 in 2024.
- Consistent IRS 990 filing history over eight periods, indicating good transparency and compliance.
- Revenue growth over the long term, from $61,116 in 2012 to $105,828 in 2024.
Frequently Asked Questions about Norfolk Panther Booster Club Inc
Is Norfolk Panther Booster Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Norfolk Panther Booster Club Inc (EIN: 200200302) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Norfolk Panther Booster Club Inc spend its money?
Norfolk Panther Booster Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Norfolk Panther Booster Club Inc tax-deductible?
Norfolk Panther Booster Club Inc is registered as a tax-exempt nonprofit (EIN: 200200302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Norfolk Panther Booster Club Inc CEO make?
Norfolk Panther Booster Club Inc's highest-compensated officer earns $100,000 annually. The organization reported $182K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Norfolk Panther Booster Club Inc's spending goes to programs?
Norfolk Panther Booster Club Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Norfolk Panther Booster Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Norfolk Panther Booster Club Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Norfolk Panther Booster Club Inc located?
Norfolk Panther Booster Club Inc is headquartered in Norfolk, Nebraska and files with the IRS under EIN 200200302. It is classified under NTEE code B11.
How many years of IRS 990 filings does Norfolk Panther Booster Club Inc have?
Norfolk Panther Booster Club Inc has 8 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 $182K in total revenue.
Is Norfolk Panther Booster Club Inc a good charity?
Based on the provided data, the Norfolk Panther Booster Club Inc appears to be a very good charity. It has no reported liabilities, a growing asset base, and 0% officer compensation, indicating strong financial health and efficient use of funds.
How has the organization's revenue trended over time?
The organization's revenue has generally trended upwards, from $61,116 in 2012 to $105,828 in 2024, with some fluctuations, demonstrating sustained fundraising efforts.
Does the organization have any debt?
No, the organization has consistently reported $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Norfolk Panther Booster Club Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2024), Norfolk Panther Booster Club Inc's revenue has grown by 73.2%, moving from $61K to $106K. Total assets increased by 43.3% over the same period, from $108K to $155K. Total functional expenses rose by 557.7%, from $17K to $110K. In its most recent filing year (2024), Norfolk Panther Booster Club Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $106K | $110K | $155K | $0 | — | View 990 |
| 2023 | $103K | $90K | $159K | $0 | — | View 990 |
| 2022 | $101K | $99K | $146K | $0 | — | View 990 |
| 2020 | $83K | $54K | $132K | $0 | — | View 990 |
| 2015 | $67K | $36K | $95K | $0 | — | View 990 |
| 2014 | $48K | $73K | $64K | $0 | — | View 990 |
| 2013 | $55K | $74K | $89K | $0 | — | View 990 |
| 2012 | $61K | $17K | $108K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $106K, expenses of $110K, and assets of $155K (revenue +2.8% year-over-year).
- 2023: Revenue of $103K, expenses of $90K, and assets of $159K (revenue +1.8% year-over-year).
- 2022: Revenue of $101K, expenses of $99K, and assets of $146K (revenue +21.5% year-over-year).
- 2020: Revenue of $83K, expenses of $54K, and assets of $132K (revenue +23.4% year-over-year).
- 2015: Revenue of $67K, expenses of $36K, and assets of $95K (revenue +41.0% year-over-year).
- 2014: Revenue of $48K, expenses of $73K, and assets of $64K (revenue -12.9% year-over-year).
- 2013: Revenue of $55K, expenses of $74K, and assets of $89K (revenue -10.2% year-over-year).
- 2012: Revenue of $61K, expenses of $17K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norfolk Panther Booster Club Inc:
Data Sources and Methodology
This transparency report for Norfolk Panther Booster 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.