Ocean Bay Middle School Pto
EIN: 300400433 · Myrtle Beach, SC · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $19K |
| Net Assets | $12K |
Is Ocean Bay Middle School Pto Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ocean Bay Middle School Pto
Ocean Bay Middle School Pto (EIN: 300400433) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code B94. The organization reported total revenue of $18K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocean Bay Middle School Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocean Bay Middle School Pto is a micro nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $19K |
| Surplus / Deficit | +$3K |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 14.2% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2024, Ocean Bay Middle School Pto reported a surplus of $3K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2016–2024), Ocean Bay Middle School Pto's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +47.1% | +90.6% | +36.0% |
| 2023 | -14.9% | -60.0% | +139.2% |
| 2022 | +949.0% | +1223.8% | -66.6% |
| 2021 | -87.0% | -82.4% | -1.8% |
| 2020 | +10.0% | -29.8% | +24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ocean Bay Middle School Pto 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 Ocean Bay Middle School Pto 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Ocean Bay Middle School Pto
Is Ocean Bay Middle School Pto a legitimate charity?
Ocean Bay Middle School Pto (EIN: 300400433) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $18K. No red flags identified. Financial health grade: A.
How does Ocean Bay Middle School Pto spend its money?
Ocean Bay Middle School Pto reported $18K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ocean Bay Middle School Pto tax-deductible?
Ocean Bay Middle School Pto is registered as a tax-exempt nonprofit (EIN: 300400433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ocean Bay Middle School Pto located?
Ocean Bay Middle School Pto is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 300400433. It is classified under NTEE code B94.
How many years of IRS 990 filings does Ocean Bay Middle School Pto have?
Ocean Bay Middle School Pto has 9 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 $18K in total revenue.
Filing History
IRS 990 filing history for Ocean Bay Middle School Pto showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Ocean Bay Middle School Pto's revenue has grown by 20.3%, moving from $19K to $22K. Total assets increased by 33.7% over the same period, from $9K to $12K. Total functional expenses rose by 35.8%, from $14K to $19K. In its most recent filing year (2024), Ocean Bay Middle School Pto reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $22K | $19K | $12K | $0 | — | — |
| 2023 | $15K | $10K | $9K | $0 | — | View 990 |
| 2022 | $18K | $25K | $4K | $0 | — | View 990 |
| 2021 | $2K | $2K | $11K | $0 | — | — |
| 2020 | $13K | $11K | $11K | $0 | — | View 990 |
| 2019 | $12K | $16K | $9K | $0 | — | View 990 |
| 2018 | $10K | $9K | $13K | $0 | — | View 990 |
| 2017 | $18K | $15K | $12K | $0 | — | View 990 |
| 2016 | $19K | $14K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $22K, expenses of $19K, and assets of $12K (revenue +47.1% year-over-year).
- 2023: Revenue of $15K, expenses of $10K, and assets of $9K (revenue -14.9% year-over-year).
- 2022: Revenue of $18K, expenses of $25K, and assets of $4K (revenue +949.0% year-over-year).
- 2021: Revenue of $2K, expenses of $2K, and assets of $11K (revenue -87.0% year-over-year).
- 2020: Revenue of $13K, expenses of $11K, and assets of $11K (revenue +10.0% year-over-year).
- 2019: Revenue of $12K, expenses of $16K, and assets of $9K (revenue +24.1% year-over-year).
- 2018: Revenue of $10K, expenses of $9K, and assets of $13K (revenue -45.1% year-over-year).
- 2017: Revenue of $18K, expenses of $15K, and assets of $12K (revenue -6.1% year-over-year).
- 2016: Revenue of $19K, expenses of $14K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocean Bay Middle School Pto:
Data Sources and Methodology
This transparency report for Ocean Bay Middle School Pto 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.