Apartment Association Of Louisiana Inc
EIN: 720870270 · Metairie, LA
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $274K |
| Net Assets | $186K |
Is Apartment Association Of Louisiana Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Apartment Association Of Louisiana Inc
Apartment Association Of Louisiana Inc (EIN: 720870270) is a nonprofit organization based in Metairie, LA. The organization reported total revenue of $276K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apartment Association Of Louisiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apartment Association Of Louisiana Inc is a small nonprofit that has been operating for 47 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $274K |
| Surplus / Deficit | $-24,510 |
| Total Assets | $186K |
| Net Assets | $186K |
| Operating Margin | -9.8% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2023, Apartment Association Of Louisiana Inc reported a deficit of $25K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Apartment Association Of Louisiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +26.4% | -11.6% |
| 2022 | +35.4% | +42.4% | +7.8% |
| 2021 | -14.4% | -3.8% | +12.8% |
| 2020 | +5.0% | -20.1% | +33.7% |
| 2019 | -4.5% | +13.2% | +12902800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apartment Association Of Louisiana Inc 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 Apartment Association Of Louisiana Inc 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 deficit of $25K, with expenses exceeding revenue.
Frequently Asked Questions about Apartment Association Of Louisiana Inc
Is Apartment Association Of Louisiana Inc a legitimate charity?
Apartment Association Of Louisiana Inc (EIN: 720870270) is a registered tax-exempt nonprofit based in Louisiana. It has 10 years of IRS 990 filings on record. Total revenue: $276K. No red flags identified. Financial health grade: B.
How does Apartment Association Of Louisiana Inc spend its money?
Apartment Association Of Louisiana Inc reported $276K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Apartment Association Of Louisiana Inc tax-deductible?
Apartment Association Of Louisiana Inc is registered as a tax-exempt nonprofit (EIN: 720870270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apartment Association Of Louisiana Inc located?
Apartment Association Of Louisiana Inc is headquartered in Metairie, Louisiana and files with the IRS under EIN 720870270.
How many years of IRS 990 filings does Apartment Association Of Louisiana Inc have?
Apartment Association Of Louisiana Inc has 10 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 $276K in total revenue.
Filing History
IRS 990 filing history for Apartment Association Of Louisiana Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Apartment Association Of Louisiana Inc's revenue has grown by 254.8%, moving from $70K to $249K. Total assets increased by 86.6% over the same period, from $99K to $186K. Total functional expenses rose by 290.2%, from $70K to $274K. In its most recent filing year (2023), Apartment Association Of Louisiana Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $249K | $274K | $186K | $0 | — | — |
| 2022 | $232K | $217K | $210K | $0 | — | — |
| 2021 | $171K | $152K | $195K | $0 | — | View 990 |
| 2020 | $200K | $158K | $173K | $0 | — | — |
| 2019 | $191K | $198K | $129K | $0 | — | View 990 |
| 2018 | $200K | $175K | $1 | $0 | — | View 990 |
| 2017 | $176K | $154K | $110K | $0 | — | View 990 |
| 2016 | $114K | $110K | $89K | $0 | — | View 990 |
| 2015 | $93K | $108K | $84K | $0 | — | View 990 |
| 2014 | $70K | $70K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249K, expenses of $274K, and assets of $186K (revenue +7.5% year-over-year).
- 2022: Revenue of $232K, expenses of $217K, and assets of $210K (revenue +35.4% year-over-year).
- 2021: Revenue of $171K, expenses of $152K, and assets of $195K (revenue -14.4% year-over-year).
- 2020: Revenue of $200K, expenses of $158K, and assets of $173K (revenue +5.0% year-over-year).
- 2019: Revenue of $191K, expenses of $198K, and assets of $129K (revenue -4.5% year-over-year).
- 2018: Revenue of $200K, expenses of $175K, and assets of $1 (revenue +13.5% year-over-year).
- 2017: Revenue of $176K, expenses of $154K, and assets of $110K (revenue +53.7% year-over-year).
- 2016: Revenue of $114K, expenses of $110K, and assets of $89K (revenue +23.4% year-over-year).
- 2015: Revenue of $93K, expenses of $108K, and assets of $84K (revenue +31.8% year-over-year).
- 2014: Revenue of $70K, expenses of $70K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apartment Association Of Louisiana Inc:
Data Sources and Methodology
This transparency report for Apartment Association Of 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.