Aimee Favrot & Michael Bell Family Fund
EIN: 721312430 · New Orleans, LA · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $25K |
| Net Assets | $341K |
Is Aimee Favrot & Michael Bell Family Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aimee Favrot & Michael Bell Family Fund
Aimee Favrot & Michael Bell Family Fund (EIN: 721312430) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T20Z. The organization reported total revenue of $8K and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aimee Favrot & Michael Bell Family Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aimee Favrot & Michael Bell Family Fund is a micro nonprofit that has been operating for 29 years, with 9 years of IRS 990 filings on record (2011–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $25K |
| Surplus / Deficit | $-12,937 |
| Total Assets | $343K |
| Total Liabilities | $1K |
| Net Assets | $341K |
| Operating Margin | -111.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 167.5 months |
Financial Health Grade: B
In 2022, Aimee Favrot & Michael Bell Family Fund reported a deficit of $13K with expenses exceeding revenue, holds 167.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -71.7% | +11.6% | -4.5% |
| 2021 | +455.3% | -51.9% | +6.8% |
| 2020 | -73.7% | +51.2% | -11.3% |
| 2019 | -68.6% | -62.4% | -21.4% |
| 2015 | +134.5% | +19.1% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aimee Favrot & Michael Bell Family Fund 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 Aimee Favrot & Michael Bell Family Fund 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Aimee Favrot & Michael Bell Family Fund
Is Aimee Favrot & Michael Bell Family Fund a legitimate charity?
Aimee Favrot & Michael Bell Family Fund (EIN: 721312430) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $8K. No red flags identified. Financial health grade: B.
How does Aimee Favrot & Michael Bell Family Fund spend its money?
Aimee Favrot & Michael Bell Family Fund reported $8K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aimee Favrot & Michael Bell Family Fund tax-deductible?
Aimee Favrot & Michael Bell Family Fund is registered as a tax-exempt nonprofit (EIN: 721312430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aimee Favrot & Michael Bell Family Fund located?
Aimee Favrot & Michael Bell Family Fund is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721312430. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Aimee Favrot & Michael Bell Family Fund have?
Aimee Favrot & Michael Bell Family Fund has 9 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 $8K in total revenue.
Filing History
IRS 990 filing history for Aimee Favrot & Michael Bell Family Fund showing financial trends over 9 years of public records:
Total assets decreased by 10.5% over the same period, from $383K to $343K. Total functional expenses fell by 47.6%, from $47K to $25K. In its most recent filing year (2022), Aimee Favrot & Michael Bell Family Fund reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1K in liabilities against $343K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $341K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $12K | $25K | $343K | $1K | — | — |
| 2021 | $41K | $22K | $359K | $5K | — | — |
| 2020 | $7K | $46K | $336K | $1K | — | — |
| 2019 | $28K | $30K | $379K | $6K | — | View 990 |
| 2015 | $90K | $80K | $483K | $10K | — | View 990 |
| 2014 | $38K | $67K | $463K | $1 | — | View 990 |
| 2013 | $84K | $66K | $493K | $1K | — | View 990 |
| 2012 | $44K | $54K | $477K | $4K | — | View 990 |
| 2011 | $-5,172 | $47K | $383K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $12K, expenses of $25K, and assets of $343K (revenue -71.7% year-over-year).
- 2021: Revenue of $41K, expenses of $22K, and assets of $359K (revenue +455.3% year-over-year).
- 2020: Revenue of $7K, expenses of $46K, and assets of $336K (revenue -73.7% year-over-year).
- 2019: Revenue of $28K, expenses of $30K, and assets of $379K (revenue -68.6% year-over-year).
- 2015: Revenue of $90K, expenses of $80K, and assets of $483K (revenue +134.5% year-over-year).
- 2014: Revenue of $38K, expenses of $67K, and assets of $463K (revenue -54.7% year-over-year).
- 2013: Revenue of $84K, expenses of $66K, and assets of $493K (revenue +92.8% year-over-year).
- 2012: Revenue of $44K, expenses of $54K, and assets of $477K.
- 2011: Revenue of $-5,172, expenses of $47K, and assets of $383K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aimee Favrot & Michael Bell Family Fund:
Data Sources and Methodology
This transparency report for Aimee Favrot & Michael Bell Family Fund 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.