Southwood Band Booster Club
EIN: 721460583 · Shreveport, LA · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $236K |
| Net Assets | $792K |
Is Southwood Band Booster Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwood Band Booster Club
Southwood Band Booster Club (EIN: 721460583) is a nonprofit organization based in Shreveport, LA, classified under NTEE code A68. The organization reported total revenue of $1.1M and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwood Band Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwood Band Booster Club is a mid-size nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $236K |
| Surplus / Deficit | $-109,739 |
| Total Assets | $792K |
| Net Assets | $792K |
| Operating Margin | -87.0% |
| Months of Reserves | 40.3 months |
Financial Health Grade: B
In 2023, Southwood Band Booster Club reported a deficit of $110K with expenses exceeding revenue, holds 40.3 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Southwood Band Booster Club's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +18.0% | -12.2% |
| 2022 | -30.2% | +41.4% | -8.8% |
| 2021 | -82.1% | -28.7% | +2.2% |
| 2020 | +178.0% | -12.2% | +275.5% |
| 2019 | +73.9% | +20.8% | +64.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwood Band Booster Club 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 Southwood Band Booster Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
Frequently Asked Questions about Southwood Band Booster Club
Is Southwood Band Booster Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwood Band Booster Club (EIN: 721460583) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southwood Band Booster Club spend its money?
Detailed spending breakdown data is not yet available for Southwood Band Booster Club. Check back for updated IRS 990 analysis.
Are donations to Southwood Band Booster Club tax-deductible?
Southwood Band Booster Club is registered as a tax-exempt nonprofit (EIN: 721460583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwood Band Booster Club located?
Southwood Band Booster Club is headquartered in Shreveport, Louisiana and files with the IRS under EIN 721460583. It is classified under NTEE code A68.
How many years of IRS 990 filings does Southwood Band Booster Club have?
Southwood Band Booster Club has 7 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Southwood Band Booster Club showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Southwood Band Booster Club's revenue has declined by 19.1%, moving from $156K to $126K. Total assets increased by 408.1% over the same period, from $156K to $792K. Total functional expenses rose by 72.4%, from $137K to $236K. In its most recent filing year (2023), Southwood Band Booster Club reported a deficit of $110K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $236K | $792K | $0 | — | — |
| 2022 | $113K | $200K | $902K | $0 | — | — |
| 2021 | $162K | $141K | $989K | $0 | — | View 990 |
| 2020 | $908K | $198K | $968K | $0 | — | View 990 |
| 2019 | $327K | $226K | $258K | $0 | — | View 990 |
| 2018 | $188K | $187K | $157K | $0 | — | View 990 |
| 2017 | $156K | $137K | $156K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $236K, and assets of $792K (revenue +11.4% year-over-year).
- 2022: Revenue of $113K, expenses of $200K, and assets of $902K (revenue -30.2% year-over-year).
- 2021: Revenue of $162K, expenses of $141K, and assets of $989K (revenue -82.1% year-over-year).
- 2020: Revenue of $908K, expenses of $198K, and assets of $968K (revenue +178.0% year-over-year).
- 2019: Revenue of $327K, expenses of $226K, and assets of $258K (revenue +73.9% year-over-year).
- 2018: Revenue of $188K, expenses of $187K, and assets of $157K (revenue +20.4% year-over-year).
- 2017: Revenue of $156K, expenses of $137K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwood Band Booster Club:
Data Sources and Methodology
This transparency report for Southwood Band Booster Club 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.