William Carey College Bass Memorial Loan
EIN: 646021277 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Expenses | $4K |
| Net Assets | $72K |
Is William Carey College Bass Memorial Loan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About William Carey College Bass Memorial Loan
William Carey College Bass Memorial Loan (EIN: 646021277) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Carey College Bass Memorial Loan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William Carey College Bass Memorial Loan is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $4K |
| Surplus / Deficit | $-1,010 |
| Total Assets | $74K |
| Total Liabilities | $2K |
| Net Assets | $72K |
| Operating Margin | -31.1% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 207.7 months |
Financial Health Grade: B
In 2015, William Carey College Bass Memorial Loan reported a deficit of $1K with expenses exceeding revenue, holds 207.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), William Carey College Bass Memorial Loan's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -22.9% | +4.7% | +1.5% |
| 2014 | -0.4% | +8.0% | +0.2% |
| 2013 | -36.0% | -1.9% | +0.6% |
| 2012 | +33.9% | +33.9% | +4.0% |
AI Analysis Pending
AI enrichment for William Carey College Bass Memorial Loan 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 William Carey College Bass Memorial Loan 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about William Carey College Bass Memorial Loan
Is William Carey College Bass Memorial Loan a legitimate charity?
William Carey College Bass Memorial Loan (EIN: 646021277) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does William Carey College Bass Memorial Loan spend its money?
William Carey College Bass Memorial Loan reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to William Carey College Bass Memorial Loan tax-deductible?
William Carey College Bass Memorial Loan is registered as a tax-exempt nonprofit (EIN: 646021277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is William Carey College Bass Memorial Loan located?
William Carey College Bass Memorial Loan is headquartered in Birmingham, Alabama and files with the IRS under EIN 646021277.
How many years of IRS 990 filings does William Carey College Bass Memorial Loan have?
William Carey College Bass Memorial Loan has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for William Carey College Bass Memorial Loan showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), William Carey College Bass Memorial Loan's revenue has declined by 34.2%, moving from $5K to $3K. Total assets increased by 6.5% over the same period, from $69K to $74K. Total functional expenses rose by 48.4%, from $3K to $4K. In its most recent filing year (2015), William Carey College Bass Memorial Loan reported a deficit of $1K, with expenses exceeding revenue. The organization holds $2K in liabilities against $74K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3K | $4K | $74K | $2K | — | View 990 |
| 2014 | $4K | $4K | $73K | $0 | — | View 990 |
| 2013 | $4K | $4K | $72K | $0 | — | View 990 |
| 2012 | $7K | $4K | $72K | $0 | — | View 990 |
| 2011 | $5K | $3K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3K, expenses of $4K, and assets of $74K (revenue -22.9% year-over-year).
- 2014: Revenue of $4K, expenses of $4K, and assets of $73K (revenue -0.4% year-over-year).
- 2013: Revenue of $4K, expenses of $4K, and assets of $72K (revenue -36.0% year-over-year).
- 2012: Revenue of $7K, expenses of $4K, and assets of $72K (revenue +33.9% year-over-year).
- 2011: Revenue of $5K, expenses of $3K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William Carey College Bass Memorial Loan:
Data Sources and Methodology
This transparency report for William Carey College Bass Memorial Loan 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.