South Oldham High School Athleticboosters Inc
South Oldham High School Athleticboosters Inc shows strong financial growth and zero liabilities in latest filing.
EIN: 203748997 · Crestwood, KY · NTEE: B11 · Updated: 2026-03-28
Is South Oldham High School Athleticboosters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Oldham High School Athleticboosters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Oldham High School Athleticboosters Inc
South Oldham High School Athleticboosters Inc (EIN: 203748997) is a nonprofit organization based in Crestwood, KY, classified under NTEE code B11. The organization reported total revenue of $227K and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Oldham High School Athleticboosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Oldham High School Athleticboosters Inc with a Mission Score of 92 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, South Oldham High School Athleticboosters 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization where no officers receive salaries, which is highly favorable for direct program funding.
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 South Oldham High School Athleticboosters Inc's IRS 990 filings:
- No detailed breakdown of program, administrative, and fundraising expenses provided in the summary data, requiring deeper dive into full 990 forms for precise ratios.
Strengths
The following positive indicators were identified for South Oldham High School Athleticboosters Inc:
- Strong asset growth, reaching $239,816 in 202406.
- Zero liabilities reported in the latest filing (202406), indicating excellent financial health.
- 0% officer compensation across all reported periods, maximizing funds for programs.
- Consistent revenue generation and operational surpluses in most periods.
- Long and consistent IRS 990 filing history (11 filings), demonstrating transparency.
Frequently Asked Questions about South Oldham High School Athleticboosters Inc
Is South Oldham High School Athleticboosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Oldham High School Athleticboosters Inc (EIN: 203748997) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does South Oldham High School Athleticboosters Inc spend its money?
South Oldham High School Athleticboosters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Oldham High School Athleticboosters Inc tax-deductible?
South Oldham High School Athleticboosters Inc is registered as a tax-exempt nonprofit (EIN: 203748997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is South Oldham High School Athleticboosters Inc a good charity?
Based on the provided data, the organization appears to be a very good charity. It consistently generates revenue, has shown significant asset growth to $239,816 with zero liabilities in its latest filing (202406), and operates with 0% officer compensation, meaning funds are likely directed entirely to its athletic programs.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation over the years, with a notable increase in assets from $42,184 in 201206 to $239,816 in 202406. Its liabilities have also been reduced to $0 in the latest period, indicating improved financial stability and health.
What is the organization's approach to executive compensation?
The organization has a strong commitment to volunteer leadership, as evidenced by 0% officer compensation reported across all 11 filings. This means that no funds are used to pay executives, maximizing resources for its mission.
Filing History
IRS 990 filing history for South Oldham High School Athleticboosters Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), South Oldham High School Athleticboosters Inc's revenue has grown by 53.2%, moving from $148K to $227K. Total assets increased by 245% over the same period, from $70K to $240K. Total functional expenses rose by 85.6%, from $116K to $215K. In its most recent filing year (2024), South Oldham High School Athleticboosters Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $227K | $215K | $240K | $0 | — | — |
| 2022 | $0 | $0 | $15K | $0 | — | View 990 |
| 2019 | $203K | $186K | $147K | $83K | — | View 990 |
| 2018 | $170K | $137K | $137K | $89K | — | View 990 |
| 2017 | $169K | $154K | $88K | $73K | — | View 990 |
| 2016 | $183K | $169K | $123K | $0 | — | View 990 |
| 2015 | $161K | $124K | $110K | $0 | — | View 990 |
| 2014 | $137K | $109K | $72K | $0 | — | View 990 |
| 2013 | $150K | $147K | $45K | $0 | — | View 990 |
| 2012 | $127K | $155K | $42K | $0 | — | View 990 |
| 2011 | $148K | $116K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $227K, expenses of $215K, and assets of $240K.
- 2022: Revenue of $0, expenses of $0, and assets of $15K (revenue -100.0% year-over-year).
- 2019: Revenue of $203K, expenses of $186K, and assets of $147K (revenue +19.3% year-over-year).
- 2018: Revenue of $170K, expenses of $137K, and assets of $137K (revenue +0.9% year-over-year).
- 2017: Revenue of $169K, expenses of $154K, and assets of $88K (revenue -7.7% year-over-year).
- 2016: Revenue of $183K, expenses of $169K, and assets of $123K (revenue +13.6% year-over-year).
- 2015: Revenue of $161K, expenses of $124K, and assets of $110K (revenue +17.8% year-over-year).
- 2014: Revenue of $137K, expenses of $109K, and assets of $72K (revenue -9.0% year-over-year).
- 2013: Revenue of $150K, expenses of $147K, and assets of $45K (revenue +17.8% year-over-year).
- 2012: Revenue of $127K, expenses of $155K, and assets of $42K (revenue -13.9% year-over-year).
- 2011: Revenue of $148K, expenses of $116K, and assets of $70K.
Data Sources and Methodology
This transparency report for South Oldham High School Athleticboosters 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.