Pensacola Beach Song Fest Inc
EIN: 273008580 · Evergreen, AL · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $166K |
| Net Assets | $31K |
Is Pensacola Beach Song Fest Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pensacola Beach Song Fest Inc
Pensacola Beach Song Fest Inc (EIN: 273008580) is a nonprofit organization based in Evergreen, AL, classified under NTEE code A68. The organization reported total revenue of $291K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pensacola Beach Song Fest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pensacola Beach Song Fest Inc is a small nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $166K |
| Surplus / Deficit | +$44K |
| Total Assets | $44K |
| Total Liabilities | $14K |
| Net Assets | $31K |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 31.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Pensacola Beach Song Fest Inc reported a surplus of $44K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 31.0% (moderate leverage).
Financial Trends
Over 5 years of filings (2016–2023), Pensacola Beach Song Fest Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +124.6% | +39.0% | +1117.0% |
| 2018 | -3.7% | +32.0% | -52.7% |
| 2017 | +65.8% | +53.5% | +497.8% |
| 2017 | +4.6% | +3.7% | +60.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pensacola Beach Song Fest 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 Pensacola Beach Song Fest 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 surplus of $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.0%.
Frequently Asked Questions about Pensacola Beach Song Fest Inc
Is Pensacola Beach Song Fest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pensacola Beach Song Fest Inc (EIN: 273008580) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pensacola Beach Song Fest Inc spend its money?
Detailed spending breakdown data is not yet available for Pensacola Beach Song Fest Inc. Check back for updated IRS 990 analysis.
Are donations to Pensacola Beach Song Fest Inc tax-deductible?
Pensacola Beach Song Fest Inc is registered as a tax-exempt nonprofit (EIN: 273008580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pensacola Beach Song Fest Inc located?
Pensacola Beach Song Fest Inc is headquartered in Evergreen, Alabama and files with the IRS under EIN 273008580. It is classified under NTEE code A68.
How many years of IRS 990 filings does Pensacola Beach Song Fest Inc have?
Pensacola Beach Song Fest Inc 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 $291K in total revenue.
Filing History
IRS 990 filing history for Pensacola Beach Song Fest Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2023), Pensacola Beach Song Fest Inc's revenue has grown by 275.1%, moving from $56K to $209K. Total assets increased by 5434.1% over the same period, from $804 to $44K. Total functional expenses rose by 192%, from $57K to $166K. In its most recent filing year (2023), Pensacola Beach Song Fest Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $14K in liabilities against $44K in assets (debt-to-asset ratio: 31.0%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $166K | $44K | $14K | — | — |
| 2018 | $93K | $119K | $4K | $0 | — | View 990 |
| 2017 | $97K | $90K | $8K | $0 | — | — |
| 2017 | $58K | $59K | $1K | $0 | — | View 990 |
| 2016 | $56K | $57K | $804 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $166K, and assets of $44K (revenue +124.6% year-over-year).
- 2018: Revenue of $93K, expenses of $119K, and assets of $4K (revenue -3.7% year-over-year).
- 2017: Revenue of $97K, expenses of $90K, and assets of $8K (revenue +65.8% year-over-year).
- 2017: Revenue of $58K, expenses of $59K, and assets of $1K (revenue +4.6% year-over-year).
- 2016: Revenue of $56K, expenses of $57K, and assets of $804.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pensacola Beach Song Fest Inc:
Data Sources and Methodology
This transparency report for Pensacola Beach Song Fest 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.