The Elmore Bolling Initiative Inc
EIN: 352333112 · Lowndesboro, AL · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $348K |
| Total Expenses | $138K |
| Net Assets | $311K |
Is The Elmore Bolling Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Elmore Bolling Initiative Inc
The Elmore Bolling Initiative Inc (EIN: 352333112) is a nonprofit organization based in Lowndesboro, AL, classified under NTEE code T30. The organization reported total revenue of $348K and total assets of $360K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Elmore Bolling Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Elmore Bolling Initiative Inc is a small nonprofit that has been operating for 17 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $138K |
| Surplus / Deficit | +$63K |
| Total Assets | $311K |
| Net Assets | $311K |
| Operating Margin | 31.3% |
| Months of Reserves | 27.0 months |
Financial Health Grade: A
In 2023, The Elmore Bolling Initiative Inc reported a surplus of $63K with revenue exceeding expenses, holds 27.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), The Elmore Bolling Initiative Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | -31.6% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Elmore Bolling Initiative 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 The Elmore Bolling Initiative 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
Frequently Asked Questions about The Elmore Bolling Initiative Inc
Is The Elmore Bolling Initiative Inc a legitimate charity?
The Elmore Bolling Initiative Inc (EIN: 352333112) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. Total revenue: $348K. No red flags identified. Financial health grade: A.
How does The Elmore Bolling Initiative Inc spend its money?
The Elmore Bolling Initiative Inc reported $348K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Elmore Bolling Initiative Inc tax-deductible?
The Elmore Bolling Initiative Inc is registered as a tax-exempt nonprofit (EIN: 352333112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Elmore Bolling Initiative Inc located?
The Elmore Bolling Initiative Inc is headquartered in Lowndesboro, Alabama and files with the IRS under EIN 352333112. It is classified under NTEE code T30.
How many years of IRS 990 filings does The Elmore Bolling Initiative Inc have?
The Elmore Bolling Initiative Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $348K in total revenue.
Filing History
IRS 990 filing history for The Elmore Bolling Initiative Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), The Elmore Bolling Initiative Inc's revenue has declined by 5.6%, moving from $213K to $201K. Total assets increased by 18.8% over the same period, from $262K to $311K. Total functional expenses fell by 31.6%, from $202K to $138K. In its most recent filing year (2023), The Elmore Bolling Initiative Inc reported a surplus of $63K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $138K | $311K | $0 | — | — |
| 2022 | $213K | $202K | $262K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Elmore Bolling Initiative Inc:
Data Sources and Methodology
This transparency report for The Elmore Bolling Initiative 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.