Parrot Posse
EIN: 820681382 · Wadmalaw Is, SC · NTEE: D12
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $123K |
| Net Assets | $28K |
Is Parrot Posse Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parrot Posse
Parrot Posse (EIN: 820681382) is a nonprofit organization based in Wadmalaw Is, SC, classified under NTEE code D12. The organization reported total revenue of $69K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parrot Posse's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parrot Posse is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $123K |
| Surplus / Deficit | $-10,309 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -9.1% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Parrot Posse reported a deficit of $10K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2017–2023), Parrot Posse's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +33.3% | +173.1% |
| 2022 | +5.9% | +25.3% | -59.8% |
| 2019 | +40.1% | +11.7% | +220.9% |
| 2018 | +59.2% | +55.0% | -13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parrot Posse 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 Parrot Posse 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 $10K, with expenses exceeding revenue.
Frequently Asked Questions about Parrot Posse
Is Parrot Posse a legitimate charity?
Based on AI analysis of IRS 990 filings, Parrot Posse (EIN: 820681382) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parrot Posse spend its money?
Detailed spending breakdown data is not yet available for Parrot Posse. Check back for updated IRS 990 analysis.
Are donations to Parrot Posse tax-deductible?
Parrot Posse is registered as a tax-exempt nonprofit (EIN: 820681382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parrot Posse located?
Parrot Posse is headquartered in Wadmalaw Is, South Carolina and files with the IRS under EIN 820681382. It is classified under NTEE code D12.
How many years of IRS 990 filings does Parrot Posse have?
Parrot Posse has 5 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 $69K in total revenue.
Filing History
IRS 990 filing history for Parrot Posse showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2023), Parrot Posse's revenue has grown by 177.5%, moving from $41K to $113K. Total assets increased by 206.1% over the same period, from $9K to $28K. Total functional expenses rose by 189.4%, from $43K to $123K. In its most recent filing year (2023), Parrot Posse reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $123K | $28K | $0 | — | — |
| 2022 | $96K | $92K | $10K | $0 | — | View 990 |
| 2019 | $91K | $74K | $26K | $4K | — | View 990 |
| 2018 | $65K | $66K | $8K | $0 | — | View 990 |
| 2017 | $41K | $43K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $123K, and assets of $28K (revenue +17.5% year-over-year).
- 2022: Revenue of $96K, expenses of $92K, and assets of $10K (revenue +5.9% year-over-year).
- 2019: Revenue of $91K, expenses of $74K, and assets of $26K (revenue +40.1% year-over-year).
- 2018: Revenue of $65K, expenses of $66K, and assets of $8K (revenue +59.2% year-over-year).
- 2017: Revenue of $41K, expenses of $43K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parrot Posse:
Data Sources and Methodology
This transparency report for Parrot Posse 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.