Trace Crossings Business Association
EIN: 630955979 · Pelham, AL
Is Trace Crossings Business Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trace Crossings Business Association
Trace Crossings Business Association (EIN: 630955979) is a nonprofit organization based in Pelham, AL. The organization reported total revenue of $225K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trace Crossings Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trace Crossings Business Association is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $164K |
| Surplus / Deficit | +$18K |
| Total Assets | $227K |
| Total Liabilities | $49K |
| Net Assets | $178K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 21.7% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2023, Trace Crossings Business Association reported a surplus of $18K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trace Crossings Business Association's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +4.0% | +39.7% |
| 2022 | +1.2% | +18.8% | +5.7% |
| 2021 | +0.3% | +26.3% | -4.2% |
| 2020 | +31.7% | -18.6% | +96.2% |
| 2019 | -15.3% | +2.8% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trace Crossings Business Association 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 Trace Crossings Business Association 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.7%.
Frequently Asked Questions about Trace Crossings Business Association
Is Trace Crossings Business Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Trace Crossings Business Association (EIN: 630955979) insufficient data. 0 red flags identified, 0 strengths noted.
How does Trace Crossings Business Association spend its money?
Detailed spending breakdown data is not yet available for Trace Crossings Business Association. Check back for updated IRS 990 analysis.
Are donations to Trace Crossings Business Association tax-deductible?
Trace Crossings Business Association is registered as a tax-exempt nonprofit (EIN: 630955979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Trace Crossings Business Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trace Crossings Business Association's revenue has grown by 54.8%, moving from $117K to $181K. Total assets increased by 441.4% over the same period, from $42K to $227K. Total functional expenses rose by 38.6%, from $118K to $164K. In its most recent filing year (2023), Trace Crossings Business Association reported a surplus of $18K, with revenue exceeding expenses. The organization holds $49K in liabilities against $227K in assets (debt-to-asset ratio: 21.7%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $164K | $227K | $49K | — | — |
| 2022 | $163K | $157K | $162K | $3K | — | View 990 |
| 2021 | $162K | $132K | $154K | $0 | — | View 990 |
| 2020 | $161K | $105K | $160K | $36K | — | — |
| 2019 | $122K | $129K | $82K | $13K | — | View 990 |
| 2018 | $144K | $125K | $79K | $4K | — | View 990 |
| 2017 | $134K | $145K | $77K | $21K | — | View 990 |
| 2016 | $134K | $130K | $103K | $36K | — | View 990 |
| 2015 | $129K | $117K | $103K | $40K | — | View 990 |
| 2014 | $125K | $107K | $72K | $20K | — | View 990 |
| 2013 | $126K | $113K | $51K | $17K | — | View 990 |
| 2012 | $124K | $119K | $69K | $48K | — | View 990 |
| 2011 | $117K | $118K | $42K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $164K, and assets of $227K (revenue +11.1% year-over-year).
- 2022: Revenue of $163K, expenses of $157K, and assets of $162K (revenue +1.2% year-over-year).
- 2021: Revenue of $162K, expenses of $132K, and assets of $154K (revenue +0.3% year-over-year).
- 2020: Revenue of $161K, expenses of $105K, and assets of $160K (revenue +31.7% year-over-year).
- 2019: Revenue of $122K, expenses of $129K, and assets of $82K (revenue -15.3% year-over-year).
- 2018: Revenue of $144K, expenses of $125K, and assets of $79K (revenue +7.5% year-over-year).
- 2017: Revenue of $134K, expenses of $145K, and assets of $77K (revenue +0.4% year-over-year).
- 2016: Revenue of $134K, expenses of $130K, and assets of $103K (revenue +3.9% year-over-year).
- 2015: Revenue of $129K, expenses of $117K, and assets of $103K (revenue +3.0% year-over-year).
- 2014: Revenue of $125K, expenses of $107K, and assets of $72K (revenue -0.4% year-over-year).
- 2013: Revenue of $126K, expenses of $113K, and assets of $51K (revenue +1.3% year-over-year).
- 2012: Revenue of $124K, expenses of $119K, and assets of $69K (revenue +5.7% year-over-year).
- 2011: Revenue of $117K, expenses of $118K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trace Crossings Business Association:
Data Sources and Methodology
This transparency report for Trace Crossings Business Association 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.