American Association Of Drilling Engineers New Orleans Chapter
EIN: 721147333 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $41K |
| Net Assets | $249K |
Is American Association Of Drilling Engineers New Orleans Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Association Of Drilling Engineers New Orleans Chapter
American Association Of Drilling Engineers New Orleans Chapter (EIN: 721147333) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $193K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Association Of Drilling Engineers New Orleans Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Association Of Drilling Engineers New Orleans Chapter is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $41K |
| Surplus / Deficit | +$16K |
| Total Assets | $249K |
| Net Assets | $249K |
| Operating Margin | 27.9% |
| Months of Reserves | 72.5 months |
Financial Health Grade: A
In 2023, American Association Of Drilling Engineers New Orleans Chapter reported a surplus of $16K with revenue exceeding expenses, holds 72.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), American Association Of Drilling Engineers New Orleans Chapter's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.4% | -38.3% | +2.0% |
| 2022 | +2.3% | +166.6% | +5.3% |
| 2020 | -104.6% | -1.0% | -18.1% |
| 2019 | -10.4% | -6.1% | +18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Association Of Drilling Engineers New Orleans Chapter 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 American Association Of Drilling Engineers New Orleans Chapter 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Frequently Asked Questions about American Association Of Drilling Engineers New Orleans Chapter
Is American Association Of Drilling Engineers New Orleans Chapter a legitimate charity?
American Association Of Drilling Engineers New Orleans Chapter (EIN: 721147333) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $193K. No red flags identified. Financial health grade: A.
How does American Association Of Drilling Engineers New Orleans Chapter spend its money?
American Association Of Drilling Engineers New Orleans Chapter reported $193K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Association Of Drilling Engineers New Orleans Chapter tax-deductible?
American Association Of Drilling Engineers New Orleans Chapter is registered as a tax-exempt nonprofit (EIN: 721147333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Association Of Drilling Engineers New Orleans Chapter located?
American Association Of Drilling Engineers New Orleans Chapter is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721147333.
How many years of IRS 990 filings does American Association Of Drilling Engineers New Orleans Chapter have?
American Association Of Drilling Engineers New Orleans Chapter 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 $193K in total revenue.
Filing History
IRS 990 filing history for American Association Of Drilling Engineers New Orleans Chapter showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Association Of Drilling Engineers New Orleans Chapter's revenue has declined by 45.6%, moving from $105K to $57K. Total assets increased by 28.8% over the same period, from $193K to $249K. Total functional expenses fell by 44.5%, from $74K to $41K. In its most recent filing year (2023), American Association Of Drilling Engineers New Orleans Chapter reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $41K | $249K | $0 | — | — |
| 2022 | $75K | $67K | $244K | $11K | — | View 990 |
| 2021 | $73K | $25K | $232K | $7K | — | — |
| 2020 | $-2,822 | $49K | $213K | $36K | — | — |
| 2019 | $61K | $50K | $260K | $31K | — | View 990 |
| 2018 | $68K | $53K | $220K | $3K | — | View 990 |
| 2017 | $59K | $61K | $211K | $9K | — | View 990 |
| 2016 | $38K | $54K | $213K | $9K | — | View 990 |
| 2015 | $90K | $112K | $224K | $3K | — | View 990 |
| 2014 | $134K | $81K | $243K | $0 | — | — |
| 2013 | $112K | $68K | $189K | $0 | — | View 990 |
| 2012 | $80K | $128K | $145K | $0 | — | View 990 |
| 2011 | $105K | $74K | $193K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $41K, and assets of $249K (revenue -23.4% year-over-year).
- 2022: Revenue of $75K, expenses of $67K, and assets of $244K (revenue +2.3% year-over-year).
- 2021: Revenue of $73K, expenses of $25K, and assets of $232K.
- 2020: Revenue of $-2,822, expenses of $49K, and assets of $213K (revenue -104.6% year-over-year).
- 2019: Revenue of $61K, expenses of $50K, and assets of $260K (revenue -10.4% year-over-year).
- 2018: Revenue of $68K, expenses of $53K, and assets of $220K (revenue +16.7% year-over-year).
- 2017: Revenue of $59K, expenses of $61K, and assets of $211K (revenue +55.7% year-over-year).
- 2016: Revenue of $38K, expenses of $54K, and assets of $213K (revenue -58.1% year-over-year).
- 2015: Revenue of $90K, expenses of $112K, and assets of $224K (revenue -32.9% year-over-year).
- 2014: Revenue of $134K, expenses of $81K, and assets of $243K (revenue +19.5% year-over-year).
- 2013: Revenue of $112K, expenses of $68K, and assets of $189K (revenue +40.1% year-over-year).
- 2012: Revenue of $80K, expenses of $128K, and assets of $145K (revenue -23.9% year-over-year).
- 2011: Revenue of $105K, expenses of $74K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Association Of Drilling Engineers New Orleans Chapter:
Data Sources and Methodology
This transparency report for American Association Of Drilling Engineers New Orleans Chapter 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.