Algiers Community Foundation
Algiers Community Foundation shows fluctuating revenue and expenses, with zero officer compensation and declining assets.
EIN: 204183345 · New Orleans, LA · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $2K |
| Program Spending | 90% |
| Net Assets | $27K |
| Transparency Score | 70/100 |
Is Algiers Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Algiers Community Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Algiers Community Foundation
Algiers Community Foundation (EIN: 204183345) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T31. The organization reported total revenue of $7K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Algiers Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Algiers Community Foundation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | $-85 |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | -5.3% |
| Months of Reserves | 189.3 months |
Financial Health Grade: B
In 2023, Algiers Community Foundation reported a deficit of $85 with expenses exceeding revenue, holds 189.3 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.1% | -88.6% | -0.3% |
| 2022 | -10.4% | +1380.0% | -28.1% |
| 2021 | -48.0% | -1.5% | +11.6% |
| 2020 | -36.2% | +915.0% | +33.3% |
| 2019 | +54.2% | -98.9% | +138.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Algiers Community Foundation with a Mission Score of 70 out of 100 (Good). 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, Algiers Community Foundation 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 deficit of $85, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-salary means, which is highly efficient for an organization of its size.
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 Algiers Community Foundation's IRS 990 filings:
- Significant fluctuation in annual revenue and expenses, making financial planning challenging.
- Expenses ($14,800 in 2022) significantly exceeded revenue ($4,353) in at least one recent year, drawing down assets.
- Assets have declined from $37,235 in 2021 to $26,703 in 2023, indicating a reduction in financial reserves.
Strengths
The following positive indicators were identified for Algiers Community Foundation:
- Consistent reporting of zero officer compensation, indicating high efficiency in leadership costs.
- Zero reported liabilities across all filings, demonstrating strong financial management and no debt.
- Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Algiers Community Foundation
Is Algiers Community Foundation a legitimate charity?
Algiers Community Foundation (EIN: 204183345) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $7K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Algiers Community Foundation spend its money?
Algiers Community Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Algiers Community Foundation tax-deductible?
Algiers Community Foundation is registered as a tax-exempt nonprofit (EIN: 204183345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Algiers Community Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Algiers Community Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Algiers Community Foundation located?
Algiers Community Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 204183345. It is classified under NTEE code T31.
How many years of IRS 990 filings does Algiers Community Foundation have?
Algiers Community Foundation 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 $7K in total revenue.
Is Algiers Community Foundation a good charity?
Based on the available data, the Algiers Community Foundation demonstrates strong points like zero officer compensation and no liabilities, suggesting efficient use of funds and financial prudence. However, its small size, fluctuating revenue, and declining assets in recent years mean its impact might be limited, and its long-term financial stability warrants monitoring. Without detailed program spending, it's hard to fully assess its programmatic effectiveness.
Why did assets decrease from $37,235 in 2021 to $26,703 in 2023?
The decrease in assets could be due to several factors, including expenses exceeding revenue in certain periods (e.g., 2022 where expenses were $14,800 against $4,353 revenue) or the distribution of funds for programmatic activities. Further details on specific expenditures would be needed to pinpoint the exact reasons.
What are the primary programs of the Algiers Community Foundation?
The provided IRS 990 data summary does not detail the specific programs or activities undertaken by the Algiers Community Foundation. To understand its primary programs, one would need to review the full 990 forms or the organization's website/public statements.
Filing History
IRS 990 filing history for Algiers Community Foundation showing financial trends over 13 years of public records:
Total assets increased by 469.5% over the same period, from $5K to $27K. In its most recent filing year (2023), Algiers Community Foundation reported a deficit of $85, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $2K | $27K | $0 | — | View 990 |
| 2022 | $4K | $15K | $27K | $0 | — | View 990 |
| 2021 | $5K | $1K | $37K | $0 | — | — |
| 2020 | $9K | $1K | $33K | $0 | — | — |
| 2019 | $15K | $100 | $25K | $0 | — | View 990 |
| 2018 | $10K | $9K | $10K | $0 | — | View 990 |
| 2017 | $10K | $9K | $10K | $0 | — | View 990 |
| 2016 | $9K | $10K | $9K | $0 | — | View 990 |
| 2015 | $10K | $4K | $10K | $0 | — | View 990 |
| 2014 | $4K | $0 | $4K | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $5K | $3K | — | View 990 |
| 2011 | $0 | $0 | $5K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $2K, and assets of $27K (revenue -63.1% year-over-year).
- 2022: Revenue of $4K, expenses of $15K, and assets of $27K (revenue -10.4% year-over-year).
- 2021: Revenue of $5K, expenses of $1K, and assets of $37K (revenue -48.0% year-over-year).
- 2020: Revenue of $9K, expenses of $1K, and assets of $33K (revenue -36.2% year-over-year).
- 2019: Revenue of $15K, expenses of $100, and assets of $25K (revenue +54.2% year-over-year).
- 2018: Revenue of $10K, expenses of $9K, and assets of $10K (revenue -8.2% year-over-year).
- 2017: Revenue of $10K, expenses of $9K, and assets of $10K (revenue +9.2% year-over-year).
- 2016: Revenue of $9K, expenses of $10K, and assets of $9K (revenue -4.1% year-over-year).
- 2015: Revenue of $10K, expenses of $4K, and assets of $10K (revenue +124.5% year-over-year).
- 2014: Revenue of $4K, expenses of $0, and assets of $4K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $5K.
- 2011: Revenue of $0, expenses of $0, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Algiers Community Foundation:
Data Sources and Methodology
This transparency report for Algiers Community Foundation 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.