Abundance Of Desire
EIN: 464927038 · New Orleans, LA · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $106K |
| Net Assets | $72K |
Is Abundance Of Desire Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abundance Of Desire
Abundance Of Desire (EIN: 464927038) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S21. The organization reported total revenue of $84K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abundance Of Desire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abundance Of Desire is a micro nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of -43.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $106K |
| Surplus / Deficit | $-25,715 |
| Total Assets | $74K |
| Total Liabilities | $2K |
| Net Assets | $72K |
| Operating Margin | -31.8% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2016, Abundance Of Desire reported a deficit of $26K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 2 years of filings (2015–2016), Abundance Of Desire's revenue has declined at a compound annual growth rate (CAGR) of -43.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -43.9% | +125.5% | -26.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abundance Of Desire 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 Abundance Of Desire 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Abundance Of Desire
Is Abundance Of Desire a legitimate charity?
Based on AI analysis of IRS 990 filings, Abundance Of Desire (EIN: 464927038) insufficient data. 0 red flags identified, 0 strengths noted.
How does Abundance Of Desire spend its money?
Detailed spending breakdown data is not yet available for Abundance Of Desire. Check back for updated IRS 990 analysis.
Are donations to Abundance Of Desire tax-deductible?
Abundance Of Desire is registered as a tax-exempt nonprofit (EIN: 464927038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abundance Of Desire located?
Abundance Of Desire is headquartered in New Orleans, Louisiana and files with the IRS under EIN 464927038. It is classified under NTEE code S21.
How many years of IRS 990 filings does Abundance Of Desire have?
Abundance Of Desire has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $84K in total revenue.
Filing History
IRS 990 filing history for Abundance Of Desire showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Abundance Of Desire's revenue has declined by 43.9%, moving from $144K to $81K. Total assets decreased by 26.3% over the same period, from $100K to $74K. Total functional expenses rose by 125.5%, from $47K to $106K. In its most recent filing year (2016), Abundance Of Desire reported a deficit of $26K, with expenses exceeding revenue. The organization holds $2K in liabilities against $74K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $81K | $106K | $74K | $2K | — | — |
| 2015 | $144K | $47K | $100K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abundance Of Desire:
Data Sources and Methodology
This transparency report for Abundance Of Desire 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.