Riverside High School Band Boosters Inc
EIN: 331019699 · Greer, SC · NTEE: A116
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $165K |
| Net Assets | $95K |
Is Riverside High School Band Boosters Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riverside High School Band Boosters Inc
Riverside High School Band Boosters Inc (EIN: 331019699) is a nonprofit organization based in Greer, SC, classified under NTEE code A116. The organization reported total revenue of $131K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside High School Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside High School Band Boosters Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $165K |
| Surplus / Deficit | $-16,223 |
| Total Assets | $109K |
| Total Liabilities | $15K |
| Net Assets | $95K |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2024, Riverside High School Band Boosters Inc reported a deficit of $16K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Riverside High School Band Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +55.5% | +86.3% | -1.4% |
| 2023 | +13.3% | +1.1% | +7.5% |
| 2022 | +58.2% | +77.4% | -12.0% |
| 2021 | -38.8% | -52.0% | -22.7% |
| 2020 | -32.4% | -5.4% | +28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riverside High School Band Boosters 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 Riverside High School Band Boosters 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.5%.
Frequently Asked Questions about Riverside High School Band Boosters Inc
Is Riverside High School Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside High School Band Boosters Inc (EIN: 331019699) insufficient data. 0 red flags identified, 0 strengths noted.
How does Riverside High School Band Boosters Inc spend its money?
Detailed spending breakdown data is not yet available for Riverside High School Band Boosters Inc. Check back for updated IRS 990 analysis.
Are donations to Riverside High School Band Boosters Inc tax-deductible?
Riverside High School Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 331019699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riverside High School Band Boosters Inc located?
Riverside High School Band Boosters Inc is headquartered in Greer, South Carolina and files with the IRS under EIN 331019699. It is classified under NTEE code A116.
How many years of IRS 990 filings does Riverside High School Band Boosters Inc have?
Riverside High School Band Boosters Inc has 14 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 $131K in total revenue.
Filing History
IRS 990 filing history for Riverside High School Band Boosters Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Riverside High School Band Boosters Inc's revenue has grown by 203%, moving from $49K to $149K. Total assets increased by 2618.3% over the same period, from $4K to $109K. Total functional expenses rose by 193.7%, from $56K to $165K. In its most recent filing year (2024), Riverside High School Band Boosters Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $15K in liabilities against $109K in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $149K | $165K | $109K | $15K | — | — |
| 2023 | $96K | $89K | $111K | $200 | — | View 990 |
| 2022 | $85K | $88K | $103K | $0 | — | View 990 |
| 2021 | $53K | $49K | $117K | $11K | — | — |
| 2020 | $87K | $103K | $152K | $50K | — | View 990 |
| 2019 | $129K | $109K | $118K | $0 | — | View 990 |
| 2018 | $121K | $107K | $93K | $0 | — | View 990 |
| 2017 | $80K | $22K | $100K | $0 | — | View 990 |
| 2016 | $84K | $36K | $64K | $0 | — | View 990 |
| 2015 | $69K | $66K | $14K | $0 | — | View 990 |
| 2014 | $69K | $67K | $13K | $0 | — | View 990 |
| 2013 | $71K | $62K | $11K | $0 | — | View 990 |
| 2012 | $49K | $51K | $2K | $0 | — | View 990 |
| 2011 | $49K | $56K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $149K, expenses of $165K, and assets of $109K (revenue +55.5% year-over-year).
- 2023: Revenue of $96K, expenses of $89K, and assets of $111K (revenue +13.3% year-over-year).
- 2022: Revenue of $85K, expenses of $88K, and assets of $103K (revenue +58.2% year-over-year).
- 2021: Revenue of $53K, expenses of $49K, and assets of $117K (revenue -38.8% year-over-year).
- 2020: Revenue of $87K, expenses of $103K, and assets of $152K (revenue -32.4% year-over-year).
- 2019: Revenue of $129K, expenses of $109K, and assets of $118K (revenue +6.8% year-over-year).
- 2018: Revenue of $121K, expenses of $107K, and assets of $93K (revenue +51.0% year-over-year).
- 2017: Revenue of $80K, expenses of $22K, and assets of $100K (revenue -4.3% year-over-year).
- 2016: Revenue of $84K, expenses of $36K, and assets of $64K (revenue +21.9% year-over-year).
- 2015: Revenue of $69K, expenses of $66K, and assets of $14K (revenue -0.4% year-over-year).
- 2014: Revenue of $69K, expenses of $67K, and assets of $13K (revenue -2.7% year-over-year).
- 2013: Revenue of $71K, expenses of $62K, and assets of $11K (revenue +43.8% year-over-year).
- 2012: Revenue of $49K, expenses of $51K, and assets of $2K (revenue +0.3% year-over-year).
- 2011: Revenue of $49K, expenses of $56K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside High School Band Boosters Inc:
Data Sources and Methodology
This transparency report for Riverside High School Band Boosters 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.