Ofallon Panther Band Boosters Inc
EIN: 371285774 · O Fallon, IL · NTEE: B110
| Metric | Value |
|---|---|
| Total Revenue | $607K |
| Total Expenses | $509K |
| Net Assets | $659K |
Is Ofallon Panther Band Boosters Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ofallon Panther Band Boosters Inc
Ofallon Panther Band Boosters Inc (EIN: 371285774) is a nonprofit organization based in O Fallon, IL, classified under NTEE code B110. The organization reported total revenue of $607K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ofallon Panther Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ofallon Panther Band Boosters Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $509K |
| Surplus / Deficit | $-24,447 |
| Total Assets | $659K |
| Net Assets | $659K |
| Operating Margin | -5.0% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2023, Ofallon Panther Band Boosters Inc reported a deficit of $24K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ofallon Panther Band Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | +67.5% | -4.9% |
| 2022 | +92.3% | +70.0% | +15.2% |
| 2021 | -51.0% | -47.8% | +13.9% |
| 2020 | +1.6% | -21.7% | +18.7% |
| 2019 | -5.2% | +6.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ofallon Panther Band Boosters 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 Ofallon Panther Band Boosters 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 $24K, with expenses exceeding revenue.
Frequently Asked Questions about Ofallon Panther Band Boosters Inc
Is Ofallon Panther Band Boosters Inc a legitimate charity?
Ofallon Panther Band Boosters Inc (EIN: 371285774) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $607K. No red flags identified. Financial health grade: B.
How does Ofallon Panther Band Boosters Inc spend its money?
Ofallon Panther Band Boosters Inc reported $607K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ofallon Panther Band Boosters Inc tax-deductible?
Ofallon Panther Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 371285774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ofallon Panther Band Boosters Inc located?
Ofallon Panther Band Boosters Inc is headquartered in O Fallon, Illinois and files with the IRS under EIN 371285774. It is classified under NTEE code B110.
How many years of IRS 990 filings does Ofallon Panther Band Boosters Inc have?
Ofallon Panther Band Boosters Inc 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 $607K in total revenue.
Filing History
IRS 990 filing history for Ofallon Panther Band Boosters Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ofallon Panther Band Boosters Inc's revenue has grown by 164.8%, moving from $183K to $485K. Total assets increased by 150.8% over the same period, from $263K to $659K. Total functional expenses rose by 215.4%, from $161K to $509K. In its most recent filing year (2023), Ofallon Panther Band Boosters Inc reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $485K | $509K | $659K | $0 | — | View 990 |
| 2022 | $410K | $304K | $693K | $0 | — | View 990 |
| 2021 | $214K | $179K | $601K | $0 | — | View 990 |
| 2020 | $435K | $343K | $528K | $0 | — | View 990 |
| 2019 | $428K | $437K | $445K | $0 | — | View 990 |
| 2018 | $452K | $412K | $452K | $0 | — | View 990 |
| 2017 | $528K | $470K | $409K | $0 | — | View 990 |
| 2016 | $472K | $418K | $343K | $0 | — | View 990 |
| 2015 | $460K | $409K | $293K | $0 | — | View 990 |
| 2014 | $290K | $391K | $232K | $0 | — | View 990 |
| 2013 | $292K | $182K | $325K | $0 | — | View 990 |
| 2012 | $185K | $157K | $229K | $11K | — | View 990 |
| 2011 | $183K | $161K | $263K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485K, expenses of $509K, and assets of $659K (revenue +18.1% year-over-year).
- 2022: Revenue of $410K, expenses of $304K, and assets of $693K (revenue +92.3% year-over-year).
- 2021: Revenue of $214K, expenses of $179K, and assets of $601K (revenue -51.0% year-over-year).
- 2020: Revenue of $435K, expenses of $343K, and assets of $528K (revenue +1.6% year-over-year).
- 2019: Revenue of $428K, expenses of $437K, and assets of $445K (revenue -5.2% year-over-year).
- 2018: Revenue of $452K, expenses of $412K, and assets of $452K (revenue -14.4% year-over-year).
- 2017: Revenue of $528K, expenses of $470K, and assets of $409K (revenue +11.8% year-over-year).
- 2016: Revenue of $472K, expenses of $418K, and assets of $343K (revenue +2.8% year-over-year).
- 2015: Revenue of $460K, expenses of $409K, and assets of $293K (revenue +58.6% year-over-year).
- 2014: Revenue of $290K, expenses of $391K, and assets of $232K (revenue -0.9% year-over-year).
- 2013: Revenue of $292K, expenses of $182K, and assets of $325K (revenue +58.5% year-over-year).
- 2012: Revenue of $185K, expenses of $157K, and assets of $229K (revenue +0.8% year-over-year).
- 2011: Revenue of $183K, expenses of $161K, and assets of $263K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ofallon Panther Band Boosters Inc:
Data Sources and Methodology
This transparency report for Ofallon Panther 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.