Olympic High School Athleticbooster Club
Olympic High School Athleticbooster Club consistently operates without executive compensation, directing all funds to school athletics.
EIN: 208230802 · Charlotte, NC · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $176K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $193,121. |
| Net Assets | $10K |
| Transparency Score | 92/100 |
Is Olympic High School Athleticbooster Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olympic High School Athleticbooster Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olympic High School Athleticbooster Club
Olympic High School Athleticbooster Club (EIN: 208230802) is a nonprofit organization based in Charlotte, NC, classified under NTEE code B11. The organization reported total revenue of $186K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olympic High School Athleticbooster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olympic High School Athleticbooster Club is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $176K |
| Surplus / Deficit | $-6,282 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -3.7% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2024, Olympic High School Athleticbooster Club reported a deficit of $6K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2013–2024), Olympic High School Athleticbooster Club's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.5% | +51.1% | -38.9% |
| 2023 | -13.8% | -24.5% | +19.9% |
| 2022 | +107.3% | +262.4% | -54.4% |
| 2021 | -24.5% | -70.5% | +446.5% |
| 2020 | -45.7% | -6.7% | -91.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Olympic High School Athleticbooster Club 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Olympic High School Athleticbooster Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based and no funds are diverted to officer salaries, which is highly commendable for an organization of its size with revenues up to $193,121.
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 Olympic High School Athleticbooster Club:
- Consistently reports 0% officer compensation, maximizing program impact.
- No reported liabilities across all filings, indicating strong financial management.
- Expenses closely track revenues, suggesting efficient use of funds for current needs.
- Consistent filing history (12 filings) demonstrates strong transparency and compliance.
- Strong program focus, with funds directly supporting high school athletics.
Frequently Asked Questions about Olympic High School Athleticbooster Club
Is Olympic High School Athleticbooster Club a legitimate charity?
Olympic High School Athleticbooster Club (EIN: 208230802) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $186K. No red flags identified. 5 strengths noted. Financial health grade: C.
How does Olympic High School Athleticbooster Club spend its money?
Olympic High School Athleticbooster Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Olympic High School Athleticbooster Club tax-deductible?
Olympic High School Athleticbooster Club is registered as a tax-exempt nonprofit (EIN: 208230802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Olympic High School Athleticbooster Club CEO make?
Olympic High School Athleticbooster Club's highest-compensated officer earns $193,121. annually. The organization reported $186K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Olympic High School Athleticbooster Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Olympic High School Athleticbooster Club 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 Olympic High School Athleticbooster Club located?
Olympic High School Athleticbooster Club is headquartered in Charlotte, North Carolina and files with the IRS under EIN 208230802. It is classified under NTEE code B11.
How many years of IRS 990 filings does Olympic High School Athleticbooster Club have?
Olympic High School Athleticbooster Club has 12 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 $186K in total revenue.
Is Olympic High School Athleticbooster Club a good charity?
Yes, based on the available data, it appears to be a good charity. It consistently reports 0% officer compensation, indicating all funds go directly to its mission. Its expenses closely align with revenues, suggesting efficient use of donations for athletic programs.
How does the organization manage its assets?
The organization maintains relatively low asset levels, currently at $11,950, and has shown fluctuations over time (e.g., $71,194 in 2018 vs. $5,410 in 2020). This suggests a strategy of spending funds as they are raised to support current athletic needs rather than building large reserves.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly over the past decade, ranging from a low of $66,784 in 2021 to a high of $193,121 in 2018. The latest reported revenue of $186,443 indicates a strong recent fundraising year, close to its historical peak.
Filing History
IRS 990 filing history for Olympic High School Athleticbooster Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Olympic High School Athleticbooster Club's revenue has grown by 43.7%, moving from $118K to $170K. Total assets decreased by 66.7% over the same period, from $30K to $10K. Total functional expenses rose by 30.8%, from $135K to $176K. In its most recent filing year (2024), Olympic High School Athleticbooster Club reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $170K | $176K | $10K | $0 | — | — |
| 2023 | $119K | $117K | $16K | $0 | — | — |
| 2022 | $138K | $154K | $13K | $0 | — | View 990 |
| 2021 | $67K | $43K | $30K | $0 | — | View 990 |
| 2020 | $88K | $144K | $5K | $0 | — | View 990 |
| 2019 | $163K | $155K | $62K | $0 | — | View 990 |
| 2018 | $193K | $177K | $71K | $0 | — | View 990 |
| 2017 | $164K | $115K | $55K | $0 | — | View 990 |
| 2016 | $109K | $108K | $6K | $0 | — | View 990 |
| 2015 | $97K | $102K | $5K | $0 | — | View 990 |
| 2014 | $81K | $101K | $10K | $0 | — | View 990 |
| 2013 | $118K | $135K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $170K, expenses of $176K, and assets of $10K (revenue +42.5% year-over-year).
- 2023: Revenue of $119K, expenses of $117K, and assets of $16K (revenue -13.8% year-over-year).
- 2022: Revenue of $138K, expenses of $154K, and assets of $13K (revenue +107.3% year-over-year).
- 2021: Revenue of $67K, expenses of $43K, and assets of $30K (revenue -24.5% year-over-year).
- 2020: Revenue of $88K, expenses of $144K, and assets of $5K (revenue -45.7% year-over-year).
- 2019: Revenue of $163K, expenses of $155K, and assets of $62K (revenue -15.7% year-over-year).
- 2018: Revenue of $193K, expenses of $177K, and assets of $71K (revenue +17.7% year-over-year).
- 2017: Revenue of $164K, expenses of $115K, and assets of $55K (revenue +50.9% year-over-year).
- 2016: Revenue of $109K, expenses of $108K, and assets of $6K (revenue +11.8% year-over-year).
- 2015: Revenue of $97K, expenses of $102K, and assets of $5K (revenue +19.7% year-over-year).
- 2014: Revenue of $81K, expenses of $101K, and assets of $10K (revenue -31.3% year-over-year).
- 2013: Revenue of $118K, expenses of $135K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olympic High School Athleticbooster Club:
Data Sources and Methodology
This transparency report for Olympic High School Athleticbooster Club 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.