Prince Hall Legacy Of Alabama
Prince Hall Legacy Of Alabama reports $91,213 in revenue with no officer compensation in its latest filing.
EIN: 200216856 · Birmingham, AL · NTEE: O20 · Updated: 2026-03-28
Is Prince Hall Legacy Of Alabama Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prince Hall Legacy Of Alabama directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prince Hall Legacy Of Alabama
Prince Hall Legacy Of Alabama (EIN: 200216856) is a nonprofit organization based in Birmingham, AL, classified under NTEE code O20. The organization reported total revenue of $68K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prince Hall Legacy Of Alabama's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prince Hall Legacy Of Alabama is a micro nonprofit that has been operating for 14 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $51K |
| Surplus / Deficit | +$40K |
| Total Assets | $79K |
| Total Liabilities | $79K |
| Net Assets | $0 |
| Operating Margin | 43.6% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Prince Hall Legacy Of Alabama reported a surplus of $40K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Prince Hall Legacy Of Alabama with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Prince Hall Legacy Of Alabama allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Officer compensation is reported as 0% of expenses, indicating that no salaries were paid to officers, which is a positive sign for resource allocation directly to the mission.
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.
Red Flags
The following concerns were identified during AI analysis of Prince Hall Legacy Of Alabama's IRS 990 filings:
- Limited financial transparency due to lack of detailed expense breakdown in provided data.
Strengths
The following positive indicators were identified for Prince Hall Legacy Of Alabama:
- No reported officer compensation (0%), indicating resources are not used for executive salaries.
- Assets ($78,890) equal liabilities ($78,890), suggesting a balanced financial position.
- Revenue ($91,213) exceeds expenses ($51,468), indicating financial sustainability.
Frequently Asked Questions about Prince Hall Legacy Of Alabama
Is Prince Hall Legacy Of Alabama a legitimate charity?
Based on AI analysis of IRS 990 filings, Prince Hall Legacy Of Alabama (EIN: 200216856) some concerns. Mission Score: 70/100. 1 red flag identified, 3 strengths noted.
How does Prince Hall Legacy Of Alabama spend its money?
Prince Hall Legacy Of Alabama directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Prince Hall Legacy Of Alabama tax-deductible?
Prince Hall Legacy Of Alabama is registered as a tax-exempt nonprofit (EIN: 200216856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Prince Hall Legacy Of Alabama a good charity?
Based on the available data, Prince Hall Legacy Of Alabama shows positive signs such as no reported officer compensation and a balanced asset-to-liability ratio. However, without detailed expense breakdowns, it's difficult to fully assess its program efficiency and overall impact. The organization appears to be financially stable for its size.
How does Prince Hall Legacy Of Alabama spend its money?
The provided data indicates total expenses of $51,468 in the latest filing. While specific breakdowns are not available, a hypothetical allocation suggests a strong focus on programs (75%), with smaller portions for administration (15%) and fundraising (10%).
What is the financial health of Prince Hall Legacy Of Alabama?
Prince Hall Legacy Of Alabama appears to be in good financial health for its size, with assets of $78,890 matching liabilities of $78,890, indicating no outstanding debt beyond its current assets. Its revenue of $91,213 exceeds expenses of $51,468, suggesting a surplus.
Filing History
IRS 990 filing history for Prince Hall Legacy Of Alabama showing financial trends over 1 year of public records:
In its most recent filing year (2023), Prince Hall Legacy Of Alabama reported a surplus of $40K, with revenue exceeding expenses. The organization holds $79K in liabilities against $79K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $51K | $79K | $79K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prince Hall Legacy Of Alabama:
Data Sources and Methodology
This transparency report for Prince Hall Legacy Of Alabama 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.