Tupelo Elvis Presley Fan Club

Tupelo Elvis Presley Fan Club shows recent deficit spending and declining assets, but no officer compensation.

EIN: 20788414 · Tupelo, MS · NTEE: S80 · Updated: 2026-03-28

$109KRevenue
$66KAssets
75/100Mission Score (Good)
S80
Tupelo Elvis Presley Fan Club Financial Summary
MetricValue
Total Revenue$109K
Total Expenses$102K
Program Spending80%
Net Assets$48K
Transparency Score75/100

Is Tupelo Elvis Presley Fan Club Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Tupelo Elvis Presley Fan Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tupelo Elvis Presley Fan Club

Tupelo Elvis Presley Fan Club (EIN: 20788414) is a nonprofit organization based in Tupelo, MS, classified under NTEE code S80. The organization reported total revenue of $109K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tupelo Elvis Presley Fan Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Tupelo Elvis Presley Fan Club is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$94K
Total Expenses$102K
Surplus / Deficit$-7,958
Total Assets$48K
Net Assets$48K
Operating Margin-8.5%
Months of Reserves5.7 months

Financial Health Grade: B

In 2023, Tupelo Elvis Presley Fan Club reported a deficit of $8K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).

Financial Trends

Over 10 years of filings (2012–2023), Tupelo Elvis Presley Fan Club's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-20.0%-26.0%-14.1%
2022+50.0%+63.2%-26.5%
2021+13.3%+26.3%-7.4%
2020+6.4%-12.8%+2.8%
2019-7.3%+4.4%-12.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Tupelo Elvis Presley Fan Club demonstrates consistent financial activity, with annual revenues fluctuating around the $70,000 to $110,000 range over the past decade. The organization's assets have shown a general decline from a peak of $95,462 in 2017 to $48,340 in 2023, indicating a potential draw on reserves or a shift in asset management. A notable trend is that expenses have frequently exceeded revenue in recent years, such as in 2023 where expenses were $101,594 against revenues of $93,636, and in 2022 with expenses of $137,291 against revenues of $116,994. This pattern of deficit spending could impact long-term financial stability if not addressed. The organization maintains a high degree of transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This suggests that the organization is primarily volunteer-run or that compensation for leadership roles is minimal, which is a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, it is challenging to fully assess spending efficiency. The consistent reporting of zero liabilities across all periods is a strong positive, indicating sound financial management in terms of debt. Overall, while the organization exhibits strong transparency in executive compensation and a lack of debt, the trend of expenses exceeding revenue in recent periods and the declining asset base warrant closer observation. A more detailed breakdown of how funds are allocated would provide greater insight into their operational efficiency and program impact, allowing for a more comprehensive assessment of their financial health and spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tupelo Elvis Presley Fan Club with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Tupelo Elvis Presley Fan Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$94KTotal Revenue
$102KTotal Expenses
$48KTotal Assets
$48KNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or receives no reportable compensation, which is highly favorable for a nonprofit of this size.

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 Tupelo Elvis Presley Fan Club's IRS 990 filings:

Strengths

The following positive indicators were identified for Tupelo Elvis Presley Fan Club:

Frequently Asked Questions about Tupelo Elvis Presley Fan Club

Is Tupelo Elvis Presley Fan Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Tupelo Elvis Presley Fan Club (EIN: 20788414) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

How does Tupelo Elvis Presley Fan Club spend its money?

Tupelo Elvis Presley Fan Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Tupelo Elvis Presley Fan Club tax-deductible?

Tupelo Elvis Presley Fan Club is registered as a tax-exempt nonprofit (EIN: 20788414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Tupelo Elvis Presley Fan Club's spending goes to programs?

Tupelo Elvis Presley Fan Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tupelo Elvis Presley Fan Club compare to similar nonprofits?

With a transparency score of 75/100 (Good), Tupelo Elvis Presley Fan Club is above average for NTEE category S80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tupelo Elvis Presley Fan Club located?

Tupelo Elvis Presley Fan Club is headquartered in Tupelo, Mississippi and files with the IRS under EIN 20788414. It is classified under NTEE code S80.

How many years of IRS 990 filings does Tupelo Elvis Presley Fan Club have?

Tupelo Elvis Presley Fan Club has 10 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 $109K in total revenue.

Is the Tupelo Elvis Presley Fan Club financially stable given recent deficits?

The organization has experienced expenses exceeding revenue in several recent periods (e.g., 2023, 2022, 2021), and its assets have declined from $95,462 in 2017 to $48,340 in 2023. While they have no liabilities, this trend suggests potential long-term stability concerns if not reversed.

How does the organization manage without officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that the organization is likely run by volunteers or that any compensation for leadership roles falls below reporting thresholds, indicating a strong commitment to minimizing overhead.

What caused the decline in assets from 2017 to 2023?

Assets have decreased from $95,462 in 2017 to $48,340 in 2023. This decline could be attributed to the periods where expenses exceeded revenue, potentially drawing down reserves to cover operational costs.

Filing History

IRS 990 filing history for Tupelo Elvis Presley Fan Club showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2023), Tupelo Elvis Presley Fan Club's revenue has grown by 61.3%, moving from $58K to $94K. Total assets increased by 72.6% over the same period, from $28K to $48K. Total functional expenses rose by 169.8%, from $38K to $102K. In its most recent filing year (2023), Tupelo Elvis Presley Fan Club reported a deficit of $8K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $94K $102K $48K $0 View 990
2022 $117K $137K $56K $0
2021 $78K $84K $77K $0 View 990
2020 $69K $67K $83K $0
2019 $65K $76K $80K $0 View 990
2018 $70K $73K $92K $0 View 990
2017 $78K $72K $95K $0 View 990
2016 $102K $62K $90K $0 View 990
2015 $51K $45K $51K $0 View 990
2012 $58K $38K $28K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tupelo Elvis Presley Fan Club:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Tupelo Elvis Presley Fan 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.

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