Southaven Band Boosters Inc
Southaven Band Boosters consistently directs all funds to programs with no executive compensation, operating with fluctuating but debt-free finances.
EIN: 203047135 · Southaven, MS · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $25K |
| Program Spending | 95% |
| Net Assets | $12K |
| Transparency Score | 90/100 |
Is Southaven Band Boosters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southaven Band Boosters Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southaven Band Boosters Inc
Southaven Band Boosters Inc (EIN: 203047135) is a nonprofit organization based in Southaven, MS, classified under NTEE code B12. The organization reported total revenue of $96K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southaven Band Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southaven Band Boosters Inc is a micro nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $25K |
| Surplus / Deficit | +$9K |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 26.6% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, Southaven Band Boosters Inc reported a surplus of $9K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2024), Southaven Band Boosters Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.9% | -17.6% | +333.4% |
| 2023 | -45.6% | -52.3% | +968.8% |
| 2022 | +10.8% | -0.9% | -86.8% |
| 2020 | -17.5% | -4.7% | -83.3% |
| 2019 | -57.2% | -62.4% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
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 Southaven Band Boosters Inc with a Mission Score of 90 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: 95%
- fundraising: 0%
According to IRS 990 filings, Southaven Band Boosters Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based and all revenue is directed towards its 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 Southaven Band Boosters Inc's IRS 990 filings:
- Significant decrease in revenue and expenses in recent years compared to historical levels, potentially indicating reduced activity or scope.
Strengths
The following positive indicators were identified for Southaven Band Boosters Inc:
- 100% of officer compensation is $0 across all filings, indicating strong dedication to mission.
- Consistently reports $0 in liabilities, demonstrating sound financial management and no debt.
- High program efficiency due to volunteer leadership and direct application of funds.
- Transparent financial reporting with consistent filing history.
Frequently Asked Questions about Southaven Band Boosters Inc
Is Southaven Band Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southaven Band Boosters Inc (EIN: 203047135) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Southaven Band Boosters Inc spend its money?
Southaven Band Boosters Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southaven Band Boosters Inc tax-deductible?
Southaven Band Boosters Inc is registered as a tax-exempt nonprofit (EIN: 203047135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Southaven Band Boosters Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Southaven Band Boosters Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southaven Band Boosters Inc located?
Southaven Band Boosters Inc is headquartered in Southaven, Mississippi and files with the IRS under EIN 203047135. It is classified under NTEE code B12.
How many years of IRS 990 filings does Southaven Band Boosters Inc have?
Southaven 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 $96K in total revenue.
Is Southaven Band Boosters Inc. a good charity?
Based on the available data, Southaven Band Boosters Inc. appears to be a very good charity, especially concerning its financial efficiency and dedication to its mission, as evidenced by 0% officer compensation and no reported liabilities.
How has the organization's revenue trended over time?
The organization's revenue has shown a downward trend in recent years, from a peak of $182,409 in 201706 to $33,843 in 202406, after higher revenues in earlier periods (e.g., $141,464 in 201406).
Does the organization carry any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for Southaven Band Boosters Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Southaven Band Boosters Inc's revenue has declined by 76.5%, moving from $144K to $34K. Total assets decreased by 89.6% over the same period, from $113K to $12K. Total functional expenses fell by 82.7%, from $143K to $25K. In its most recent filing year (2024), Southaven Band Boosters Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $34K | $25K | $12K | $0 | — | — |
| 2023 | $33K | $30K | $3K | $0 | — | View 990 |
| 2022 | $60K | $63K | $253 | $0 | — | — |
| 2020 | $54K | $64K | $2K | $0 | — | — |
| 2019 | $66K | $67K | $12K | $0 | — | — |
| 2018 | $153K | $178K | $14K | $0 | — | View 990 |
| 2017 | $182K | $158K | $38K | $0 | — | View 990 |
| 2016 | $134K | $128K | $108K | $0 | — | View 990 |
| 2015 | $123K | $165K | $101K | $0 | — | View 990 |
| 2014 | $141K | $122K | $144K | $0 | — | View 990 |
| 2013 | $152K | $162K | $124K | $0 | — | View 990 |
| 2012 | $138K | $116K | $135K | $0 | — | View 990 |
| 2011 | $144K | $143K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $34K, expenses of $25K, and assets of $12K (revenue +3.9% year-over-year).
- 2023: Revenue of $33K, expenses of $30K, and assets of $3K (revenue -45.6% year-over-year).
- 2022: Revenue of $60K, expenses of $63K, and assets of $253 (revenue +10.8% year-over-year).
- 2020: Revenue of $54K, expenses of $64K, and assets of $2K (revenue -17.5% year-over-year).
- 2019: Revenue of $66K, expenses of $67K, and assets of $12K (revenue -57.2% year-over-year).
- 2018: Revenue of $153K, expenses of $178K, and assets of $14K (revenue -15.9% year-over-year).
- 2017: Revenue of $182K, expenses of $158K, and assets of $38K (revenue +36.1% year-over-year).
- 2016: Revenue of $134K, expenses of $128K, and assets of $108K (revenue +8.7% year-over-year).
- 2015: Revenue of $123K, expenses of $165K, and assets of $101K (revenue -12.9% year-over-year).
- 2014: Revenue of $141K, expenses of $122K, and assets of $144K (revenue -6.8% year-over-year).
- 2013: Revenue of $152K, expenses of $162K, and assets of $124K (revenue +9.9% year-over-year).
- 2012: Revenue of $138K, expenses of $116K, and assets of $135K (revenue -4.2% year-over-year).
- 2011: Revenue of $144K, expenses of $143K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southaven Band Boosters Inc:
Data Sources and Methodology
This transparency report for Southaven 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.