Outer Banks Seafood Festival
EIN: 454382995 · Nags Head, NC · NTEE: S20
Is Outer Banks Seafood Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Outer Banks Seafood Festival
Outer Banks Seafood Festival (EIN: 454382995) is a nonprofit organization based in Nags Head, NC, classified under NTEE code S20. The organization reported total revenue of $254K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outer Banks Seafood Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Outer Banks Seafood Festival 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 Outer Banks Seafood Festival 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.
Frequently Asked Questions about Outer Banks Seafood Festival
Is Outer Banks Seafood Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Outer Banks Seafood Festival (EIN: 454382995) insufficient data. 0 red flags identified, 0 strengths noted.
How does Outer Banks Seafood Festival spend its money?
Detailed spending breakdown data is not yet available for Outer Banks Seafood Festival. Check back for updated IRS 990 analysis.
Are donations to Outer Banks Seafood Festival tax-deductible?
Outer Banks Seafood Festival is registered as a tax-exempt nonprofit (EIN: 454382995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Outer Banks Seafood Festival showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Outer Banks Seafood Festival's revenue has grown by 84.5%, moving from $139K to $257K. Total assets increased by 72.5% over the same period, from $53K to $91K. Total functional expenses rose by 137.3%, from $108K to $256K. In its most recent filing year (2023), Outer Banks Seafood Festival reported a surplus of $1K, with revenue exceeding expenses. The organization holds $78 in liabilities against $91K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $256K | $91K | $78 | — | View 990 |
| 2022 | $270K | $253K | $90K | $78 | — | View 990 |
| 2021 | $234K | $213K | $72K | $278 | — | View 990 |
| 2020 | $4K | $63K | $66K | $15K | — | — |
| 2019 | $288K | $268K | $117K | $7K | — | — |
| 2018 | $240K | $244K | $90K | $278 | — | View 990 |
| 2017 | $280K | $251K | $94K | $178 | — | View 990 |
| 2016 | $240K | $233K | $65K | $178 | — | View 990 |
| 2015 | $160K | $146K | $61K | $3K | — | View 990 |
| 2014 | $161K | $137K | $44K | $0 | — | View 990 |
| 2013 | $224K | $235K | $20K | $0 | — | View 990 |
| 2012 | $139K | $108K | $53K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $256K, and assets of $91K (revenue -4.7% year-over-year).
- 2022: Revenue of $270K, expenses of $253K, and assets of $90K (revenue +15.3% year-over-year).
- 2021: Revenue of $234K, expenses of $213K, and assets of $72K (revenue +5540.1% year-over-year).
- 2020: Revenue of $4K, expenses of $63K, and assets of $66K (revenue -98.6% year-over-year).
- 2019: Revenue of $288K, expenses of $268K, and assets of $117K (revenue +20.2% year-over-year).
- 2018: Revenue of $240K, expenses of $244K, and assets of $90K (revenue -14.3% year-over-year).
- 2017: Revenue of $280K, expenses of $251K, and assets of $94K (revenue +16.5% year-over-year).
- 2016: Revenue of $240K, expenses of $233K, and assets of $65K (revenue +50.4% year-over-year).
- 2015: Revenue of $160K, expenses of $146K, and assets of $61K (revenue -0.5% year-over-year).
- 2014: Revenue of $161K, expenses of $137K, and assets of $44K (revenue -28.2% year-over-year).
- 2013: Revenue of $224K, expenses of $235K, and assets of $20K (revenue +60.4% year-over-year).
- 2012: Revenue of $139K, expenses of $108K, and assets of $53K.
Data Sources and Methodology
This transparency report for Outer Banks Seafood Festival 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.