North Oldham Band Boosters Inc
North Oldham Band Boosters Inc maintains strong asset base with volunteer leadership despite minor operational deficit.
EIN: 10774177 · Goshen, KY · NTEE: B11 · Updated: 2026-03-28
Is North Oldham Band Boosters Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Oldham Band Boosters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Oldham Band Boosters Inc
North Oldham Band Boosters Inc (EIN: 10774177) is a nonprofit organization based in Goshen, KY, classified under NTEE code B11. The organization reported total revenue of $38K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Oldham Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Oldham Band Boosters 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Oldham Band Boosters Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 202305 filing, indicating that its leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 North Oldham Band Boosters Inc:
- Zero liabilities ($0 in 202305 filing)
- No officer compensation (0% in 202305 filing), indicating volunteer leadership
- Healthy asset base ($55,288 in 202305 filing) relative to revenue
- Strong program focus inherent to booster organizations
Frequently Asked Questions about North Oldham Band Boosters Inc
Is North Oldham Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Oldham Band Boosters Inc (EIN: 10774177) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does North Oldham Band Boosters Inc spend its money?
North Oldham Band Boosters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Oldham Band Boosters Inc tax-deductible?
North Oldham Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 10774177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Oldham Band Boosters Inc a good charity?
Yes, North Oldham Band Boosters Inc appears to be a good charity. It operates with volunteer leadership (0% officer compensation), maintains a healthy asset base ($55,288 with $0 liabilities in 202305), and likely dedicates a high percentage of its spending directly to its program given its nature as a booster club.
How does North Oldham Band Boosters Inc manage its finances?
The organization manages its finances prudently, as evidenced by its $55,288 in assets and $0 in liabilities as of the 202305 filing. While it had a slight operational deficit of $3,005 in 202305 (Expenses $45,684 vs. Revenue $42,679), its strong balance sheet suggests it can absorb such fluctuations.
Filing History
IRS 990 filing history for North Oldham Band Boosters Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), North Oldham Band Boosters Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $46K | $55K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for North Oldham Band Boosters 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.