Thomas Cario Middle School Band Boosters Club
EIN: 571129663 · Mt Pleasant, SC · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $232K |
| Net Assets | $145K |
Is Thomas Cario Middle School Band Boosters Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thomas Cario Middle School Band Boosters Club
Thomas Cario Middle School Band Boosters Club (EIN: 571129663) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code B112. The organization reported total revenue of $206K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Cario Middle School Band Boosters Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Cario Middle School Band Boosters Club is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $232K |
| Surplus / Deficit | $-27,248 |
| Total Assets | $146K |
| Total Liabilities | $786 |
| Net Assets | $145K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Thomas Cario Middle School Band Boosters Club reported a deficit of $27K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thomas Cario Middle School Band Boosters Club's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +115.5% | +149.5% | -18.1% |
| 2022 | +12.0% | +141.5% | +1.1% |
| 2021 | -41.3% | -78.0% | -13.8% |
| 2020 | -49.5% | -28.4% | +29.4% |
| 2019 | -6.4% | -22.7% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thomas Cario Middle School Band Boosters 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 Thomas Cario Middle School Band Boosters 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 $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Thomas Cario Middle School Band Boosters Club
Is Thomas Cario Middle School Band Boosters Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas Cario Middle School Band Boosters Club (EIN: 571129663) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thomas Cario Middle School Band Boosters Club spend its money?
Detailed spending breakdown data is not yet available for Thomas Cario Middle School Band Boosters Club. Check back for updated IRS 990 analysis.
Are donations to Thomas Cario Middle School Band Boosters Club tax-deductible?
Thomas Cario Middle School Band Boosters Club is registered as a tax-exempt nonprofit (EIN: 571129663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thomas Cario Middle School Band Boosters Club located?
Thomas Cario Middle School Band Boosters Club is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 571129663. It is classified under NTEE code B112.
How many years of IRS 990 filings does Thomas Cario Middle School Band Boosters Club have?
Thomas Cario Middle School Band Boosters Club 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 $206K in total revenue.
Filing History
IRS 990 filing history for Thomas Cario Middle School Band Boosters Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thomas Cario Middle School Band Boosters Club's revenue has grown by 126.6%, moving from $91K to $205K. Total assets increased by 88.3% over the same period, from $77K to $146K. Total functional expenses rose by 120.1%, from $106K to $232K. In its most recent filing year (2023), Thomas Cario Middle School Band Boosters Club reported a deficit of $27K, with expenses exceeding revenue. The organization holds $786 in liabilities against $146K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $232K | $146K | $786 | — | — |
| 2022 | $95K | $93K | $178K | $6K | — | View 990 |
| 2021 | $85K | $39K | $176K | $6K | — | — |
| 2020 | $145K | $176K | $204K | $80K | — | View 990 |
| 2019 | $287K | $245K | $158K | $3K | — | View 990 |
| 2018 | $306K | $317K | $113K | $0 | — | View 990 |
| 2017 | $293K | $260K | $123K | $0 | — | View 990 |
| 2016 | $268K | $273K | $90K | $0 | — | View 990 |
| 2015 | $220K | $225K | $96K | $0 | — | View 990 |
| 2014 | $203K | $192K | $43K | $0 | — | View 990 |
| 2013 | $231K | $217K | $92K | $0 | — | View 990 |
| 2012 | $224K | $224K | $77K | $0 | — | View 990 |
| 2011 | $91K | $106K | $77K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $232K, and assets of $146K (revenue +115.5% year-over-year).
- 2022: Revenue of $95K, expenses of $93K, and assets of $178K (revenue +12.0% year-over-year).
- 2021: Revenue of $85K, expenses of $39K, and assets of $176K (revenue -41.3% year-over-year).
- 2020: Revenue of $145K, expenses of $176K, and assets of $204K (revenue -49.5% year-over-year).
- 2019: Revenue of $287K, expenses of $245K, and assets of $158K (revenue -6.4% year-over-year).
- 2018: Revenue of $306K, expenses of $317K, and assets of $113K (revenue +4.5% year-over-year).
- 2017: Revenue of $293K, expenses of $260K, and assets of $123K (revenue +9.3% year-over-year).
- 2016: Revenue of $268K, expenses of $273K, and assets of $90K (revenue +22.1% year-over-year).
- 2015: Revenue of $220K, expenses of $225K, and assets of $96K (revenue +8.2% year-over-year).
- 2014: Revenue of $203K, expenses of $192K, and assets of $43K (revenue -12.1% year-over-year).
- 2013: Revenue of $231K, expenses of $217K, and assets of $92K (revenue +3.2% year-over-year).
- 2012: Revenue of $224K, expenses of $224K, and assets of $77K (revenue +147.1% year-over-year).
- 2011: Revenue of $91K, expenses of $106K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Cario Middle School Band Boosters Club:
Data Sources and Methodology
This transparency report for Thomas Cario Middle School Band Boosters 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.