Virgil I Grissom High School Band Parents Inc
EIN: 630867861 · Huntsville, AL · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $166K |
| Net Assets | $129K |
Is Virgil I Grissom High School Band Parents Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virgil I Grissom High School Band Parents Inc
Virgil I Grissom High School Band Parents Inc (EIN: 630867861) is a nonprofit organization based in Huntsville, AL, classified under NTEE code B112. The organization reported total revenue of $213K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virgil I Grissom High School Band Parents Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virgil I Grissom High School Band Parents Inc is a small nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $166K |
| Surplus / Deficit | +$546 |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 0.3% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Virgil I Grissom High School Band Parents Inc reported a surplus of $546 with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Virgil I Grissom High School Band Parents Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +22.3% | -4.8% |
| 2022 | +52.9% | +121.3% | +6.9% |
| 2021 | -32.9% | -54.4% | +35.2% |
| 2020 | -4.8% | -1.7% | +14.3% |
| 2019 | -2.5% | -5.3% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virgil I Grissom High School Band Parents 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 Virgil I Grissom High School Band Parents 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 $546, with revenue exceeding expenses.
Frequently Asked Questions about Virgil I Grissom High School Band Parents Inc
Is Virgil I Grissom High School Band Parents Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virgil I Grissom High School Band Parents Inc (EIN: 630867861) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virgil I Grissom High School Band Parents Inc spend its money?
Detailed spending breakdown data is not yet available for Virgil I Grissom High School Band Parents Inc. Check back for updated IRS 990 analysis.
Are donations to Virgil I Grissom High School Band Parents Inc tax-deductible?
Virgil I Grissom High School Band Parents Inc is registered as a tax-exempt nonprofit (EIN: 630867861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virgil I Grissom High School Band Parents Inc located?
Virgil I Grissom High School Band Parents Inc is headquartered in Huntsville, Alabama and files with the IRS under EIN 630867861. It is classified under NTEE code B112.
How many years of IRS 990 filings does Virgil I Grissom High School Band Parents Inc have?
Virgil I Grissom High School Band Parents Inc has 12 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 $213K in total revenue.
Filing History
IRS 990 filing history for Virgil I Grissom High School Band Parents Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Virgil I Grissom High School Band Parents Inc's revenue has declined by 44.5%, moving from $301K to $167K. Total assets increased by 360.7% over the same period, from $28K to $129K. Total functional expenses fell by 44.7%, from $301K to $166K. In its most recent filing year (2023), Virgil I Grissom High School Band Parents Inc reported a surplus of $546, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $166K | $129K | $0 | — | — |
| 2022 | $146K | $136K | $136K | $0 | — | View 990 |
| 2021 | $96K | $61K | $127K | $3K | — | — |
| 2020 | $142K | $135K | $94K | $4K | — | View 990 |
| 2019 | $150K | $137K | $82K | $0 | — | View 990 |
| 2018 | $153K | $145K | $70K | $0 | — | View 990 |
| 2017 | $185K | $194K | $67K | $0 | — | View 990 |
| 2016 | $246K | $227K | $44K | $0 | — | View 990 |
| 2015 | $285K | $301K | $38K | $0 | — | View 990 |
| 2014 | $257K | $239K | $52K | $271 | — | — |
| 2013 | $281K | $278K | $38K | $-83,856 | — | View 990 |
| 2012 | $301K | $301K | $28K | $-83,824 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $166K, and assets of $129K (revenue +14.2% year-over-year).
- 2022: Revenue of $146K, expenses of $136K, and assets of $136K (revenue +52.9% year-over-year).
- 2021: Revenue of $96K, expenses of $61K, and assets of $127K (revenue -32.9% year-over-year).
- 2020: Revenue of $142K, expenses of $135K, and assets of $94K (revenue -4.8% year-over-year).
- 2019: Revenue of $150K, expenses of $137K, and assets of $82K (revenue -2.5% year-over-year).
- 2018: Revenue of $153K, expenses of $145K, and assets of $70K (revenue -17.2% year-over-year).
- 2017: Revenue of $185K, expenses of $194K, and assets of $67K (revenue -24.7% year-over-year).
- 2016: Revenue of $246K, expenses of $227K, and assets of $44K (revenue -13.8% year-over-year).
- 2015: Revenue of $285K, expenses of $301K, and assets of $38K (revenue +11.0% year-over-year).
- 2014: Revenue of $257K, expenses of $239K, and assets of $52K (revenue -8.5% year-over-year).
- 2013: Revenue of $281K, expenses of $278K, and assets of $38K (revenue -6.6% year-over-year).
- 2012: Revenue of $301K, expenses of $301K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virgil I Grissom High School Band Parents Inc:
Data Sources and Methodology
This transparency report for Virgil I Grissom High School Band Parents 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.