A Bond Of Life Adoptions Louisiana Inc
A Bond Of Life Adoptions Louisiana Inc consistently operates with positive net income and zero officer compensation.
EIN: 205806982 · Mandeville, LA · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $350K |
| Total Expenses | $325K |
| Program Spending | 90% |
| Net Assets | $99K |
| Transparency Score | 85/100 |
Is A Bond Of Life Adoptions Louisiana Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A Bond Of Life Adoptions Louisiana Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A Bond Of Life Adoptions Louisiana Inc
A Bond Of Life Adoptions Louisiana Inc (EIN: 205806982) is a nonprofit organization based in Mandeville, LA, classified under NTEE code P31. The organization reported total revenue of $350K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Bond Of Life Adoptions Louisiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Bond Of Life Adoptions Louisiana Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $338K |
| Total Expenses | $325K |
| Surplus / Deficit | +$13K |
| Total Assets | $99K |
| Net Assets | $99K |
| Operating Margin | 3.8% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, A Bond Of Life Adoptions Louisiana Inc reported a surplus of $13K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), A Bond Of Life Adoptions Louisiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | +10.3% | +15.2% |
| 2022 | +63.4% | +24.6% | +175.2% |
| 2021 | +72.2% | +91.8% | -42.3% |
| 2020 | -14.3% | -40.1% | +1.4% |
| 2019 | -46.1% | -43.6% | -53.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Bond Of Life Adoptions Louisiana Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, A Bond Of Life Adoptions Louisiana Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization of this size and suggests a volunteer-driven leadership or that compensation is categorized differently.
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 A Bond Of Life Adoptions Louisiana Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Significant revenue fluctuations over the past decade, indicating potential instability in funding streams
Strengths
The following positive indicators were identified for A Bond Of Life Adoptions Louisiana Inc:
- Consistent positive net income in recent years (e.g., $13,030 in 2023, $54,594 in 2022)
- Zero reported officer compensation across all filings, indicating high efficiency or volunteer leadership
- No reported liabilities across all periods, suggesting strong financial management
- Healthy and growing asset base in recent years (e.g., $31,162 in 2021 to $98,786 in 2023)
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance
Frequently Asked Questions about A Bond Of Life Adoptions Louisiana Inc
Is A Bond Of Life Adoptions Louisiana Inc a legitimate charity?
A Bond Of Life Adoptions Louisiana Inc (EIN: 205806982) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $350K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does A Bond Of Life Adoptions Louisiana Inc spend its money?
A Bond Of Life Adoptions Louisiana Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to A Bond Of Life Adoptions Louisiana Inc tax-deductible?
A Bond Of Life Adoptions Louisiana Inc is registered as a tax-exempt nonprofit (EIN: 205806982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does A Bond Of Life Adoptions Louisiana Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), A Bond Of Life Adoptions Louisiana Inc is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is A Bond Of Life Adoptions Louisiana Inc located?
A Bond Of Life Adoptions Louisiana Inc is headquartered in Mandeville, Louisiana and files with the IRS under EIN 205806982. It is classified under NTEE code P31.
How many years of IRS 990 filings does A Bond Of Life Adoptions Louisiana Inc have?
A Bond Of Life Adoptions Louisiana Inc 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 $350K in total revenue.
How does A Bond Of Life Adoptions Louisiana Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or that compensation is structured in a way that is not reported under 'officer compensation' on the 990 form, such as through a third-party management company or as general staff salaries.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data indicates overall expenses, a detailed breakdown of how these expenses are allocated among programs, administration, and fundraising is not available in this summary. This information would be crucial for a more granular analysis of spending efficiency.
Has the organization experienced significant financial fluctuations?
Yes, the organization has experienced fluctuations in revenue and expenses over the years. For example, revenue dropped from $469,051 in 2017 to $124,280 in 2020, before recovering to $338,456 in 2023. Despite these fluctuations, the organization has maintained a positive net income in most recent years.
Filing History
IRS 990 filing history for A Bond Of Life Adoptions Louisiana Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), A Bond Of Life Adoptions Louisiana Inc's revenue has grown by 219.7%, moving from $106K to $338K. Total assets increased by 527% over the same period, from $16K to $99K. Total functional expenses rose by 175.3%, from $118K to $325K. In its most recent filing year (2023), A Bond Of Life Adoptions Louisiana Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $338K | $325K | $99K | $0 | — | — |
| 2022 | $350K | $295K | $86K | $0 | — | View 990 |
| 2021 | $214K | $237K | $31K | $0 | — | View 990 |
| 2020 | $124K | $124K | $54K | $0 | — | View 990 |
| 2019 | $145K | $206K | $53K | $0 | — | View 990 |
| 2018 | $269K | $365K | $114K | $0 | — | View 990 |
| 2017 | $469K | $425K | $96K | $0 | — | View 990 |
| 2016 | $331K | $359K | $56K | $0 | — | — |
| 2015 | $314K | $251K | $84K | $0 | — | View 990 |
| 2014 | $243K | $272K | $24K | $0 | — | View 990 |
| 2013 | $200K | $193K | $53K | $0 | — | View 990 |
| 2012 | $95K | $64K | $46K | $0 | — | View 990 |
| 2011 | $106K | $118K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $338K, expenses of $325K, and assets of $99K (revenue -3.2% year-over-year).
- 2022: Revenue of $350K, expenses of $295K, and assets of $86K (revenue +63.4% year-over-year).
- 2021: Revenue of $214K, expenses of $237K, and assets of $31K (revenue +72.2% year-over-year).
- 2020: Revenue of $124K, expenses of $124K, and assets of $54K (revenue -14.3% year-over-year).
- 2019: Revenue of $145K, expenses of $206K, and assets of $53K (revenue -46.1% year-over-year).
- 2018: Revenue of $269K, expenses of $365K, and assets of $114K (revenue -42.6% year-over-year).
- 2017: Revenue of $469K, expenses of $425K, and assets of $96K (revenue +41.5% year-over-year).
- 2016: Revenue of $331K, expenses of $359K, and assets of $56K (revenue +5.5% year-over-year).
- 2015: Revenue of $314K, expenses of $251K, and assets of $84K (revenue +29.2% year-over-year).
- 2014: Revenue of $243K, expenses of $272K, and assets of $24K (revenue +21.7% year-over-year).
- 2013: Revenue of $200K, expenses of $193K, and assets of $53K (revenue +111.2% year-over-year).
- 2012: Revenue of $95K, expenses of $64K, and assets of $46K (revenue -10.7% year-over-year).
- 2011: Revenue of $106K, expenses of $118K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Bond Of Life Adoptions Louisiana Inc:
Data Sources and Methodology
This transparency report for A Bond Of Life Adoptions Louisiana 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.