Scott County Band Boosters Inc
Scott County Band Boosters Inc. maintains balanced finances with no officer compensation.
EIN: 203211572 · Georgetown, KY · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $71K |
| Program Spending | 90% |
| Net Assets | $22K |
| Transparency Score | 85/100 |
Is Scott County Band Boosters Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scott County Band Boosters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scott County Band Boosters Inc
Scott County Band Boosters Inc (EIN: 203211572) is a nonprofit organization based in Georgetown, KY, classified under NTEE code B11. The organization reported total revenue of $82K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott County Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott County Band Boosters Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $71K |
| Surplus / Deficit | +$569 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 0.8% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Scott County Band Boosters Inc reported a surplus of $569 with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Scott County Band Boosters Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.9% | +38.1% | +2.6% |
| 2022 | +83.3% | +19.3% | +0.6% |
| 2021 | -43.4% | -27.9% | -40.7% |
| 2020 | -36.5% | -24.1% | -21.4% |
| 2019 | -14.5% | -33.9% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Scott County Band Boosters Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Scott County Band Boosters Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $569, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization where no officers receive salaries, which is highly commendable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Scott County Band Boosters Inc:
- Zero officer compensation across all filings, indicating volunteer leadership.
- Consistently reports $0 in liabilities, demonstrating strong financial management.
- Regularly files IRS Form 990s, showing commitment to transparency.
- Revenues and expenses are generally balanced, indicating fiscal responsibility (e.g., 2023 revenue $71,465 vs. expenses $70,896).
Frequently Asked Questions about Scott County Band Boosters Inc
Is Scott County Band Boosters Inc a legitimate charity?
Scott County Band Boosters Inc (EIN: 203211572) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Scott County Band Boosters Inc spend its money?
Scott County Band Boosters Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Scott County Band Boosters Inc tax-deductible?
Scott County Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 203211572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scott County Band Boosters Inc's spending goes to programs?
Scott County Band Boosters Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Scott County Band Boosters Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Scott County Band Boosters Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scott County Band Boosters Inc located?
Scott County Band Boosters Inc is headquartered in Georgetown, Kentucky and files with the IRS under EIN 203211572. It is classified under NTEE code B11.
How many years of IRS 990 filings does Scott County Band Boosters Inc have?
Scott County Band Boosters Inc has 13 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 $82K in total revenue.
Is Scott County Band Boosters Inc. a good charity?
Based on the provided data, Scott County Band Boosters Inc. appears to be a well-managed organization with a strong commitment to its mission, evidenced by zero officer compensation and balanced finances. Its consistent filing of IRS 990s also indicates good transparency.
How does the organization manage its liabilities?
The organization consistently reports $0 in liabilities across all available filings, suggesting a very conservative financial approach and a strong ability to meet its obligations without incurring debt.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $74,480 in 2017 and decreasing to $22,448 in 2023. This could indicate periods of significant spending on band-related activities or equipment, rather than accumulation of large reserves.
Filing History
IRS 990 filing history for Scott County Band Boosters Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scott County Band Boosters Inc's revenue has declined by 39.6%, moving from $118K to $71K. Total assets decreased by 60.8% over the same period, from $57K to $22K. Total functional expenses fell by 42.8%, from $124K to $71K. In its most recent filing year (2023), Scott County Band Boosters Inc reported a surplus of $569, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $71K | $22K | $0 | — | View 990 |
| 2022 | $51K | $51K | $22K | $0 | — | View 990 |
| 2021 | $28K | $43K | $22K | $0 | — | View 990 |
| 2020 | $50K | $60K | $37K | $0 | — | View 990 |
| 2019 | $78K | $79K | $47K | $0 | — | View 990 |
| 2018 | $91K | $119K | $47K | $0 | — | View 990 |
| 2017 | $78K | $60K | $74K | $0 | — | View 990 |
| 2016 | $52K | $53K | $66K | $10K | — | View 990 |
| 2015 | $126K | $130K | $66K | $0 | — | View 990 |
| 2014 | $91K | $77K | $70K | $0 | — | View 990 |
| 2013 | $76K | $75K | $56K | $0 | — | View 990 |
| 2012 | $192K | $194K | $55K | $0 | — | View 990 |
| 2011 | $118K | $124K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $71K, and assets of $22K (revenue +38.9% year-over-year).
- 2022: Revenue of $51K, expenses of $51K, and assets of $22K (revenue +83.3% year-over-year).
- 2021: Revenue of $28K, expenses of $43K, and assets of $22K (revenue -43.4% year-over-year).
- 2020: Revenue of $50K, expenses of $60K, and assets of $37K (revenue -36.5% year-over-year).
- 2019: Revenue of $78K, expenses of $79K, and assets of $47K (revenue -14.5% year-over-year).
- 2018: Revenue of $91K, expenses of $119K, and assets of $47K (revenue +16.9% year-over-year).
- 2017: Revenue of $78K, expenses of $60K, and assets of $74K (revenue +51.8% year-over-year).
- 2016: Revenue of $52K, expenses of $53K, and assets of $66K (revenue -59.1% year-over-year).
- 2015: Revenue of $126K, expenses of $130K, and assets of $66K (revenue +39.0% year-over-year).
- 2014: Revenue of $91K, expenses of $77K, and assets of $70K (revenue +19.3% year-over-year).
- 2013: Revenue of $76K, expenses of $75K, and assets of $56K (revenue -60.4% year-over-year).
- 2012: Revenue of $192K, expenses of $194K, and assets of $55K (revenue +62.3% year-over-year).
- 2011: Revenue of $118K, expenses of $124K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott County Band Boosters Inc:
Data Sources and Methodology
This transparency report for Scott County 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.