Aquinas Education And Formation Tr
EIN: 276506644 · New Orleans, LA · NTEE: X112
| Metric | Value |
|---|---|
| Total Revenue | $418K |
| Total Expenses | $20K |
| Net Assets | $2.9M |
Is Aquinas Education And Formation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aquinas Education And Formation Tr
Aquinas Education And Formation Tr (EIN: 276506644) is a nonprofit organization based in New Orleans, LA, classified under NTEE code X112. The organization reported total revenue of $418K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aquinas Education And Formation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aquinas Education And Formation Tr is a small nonprofit that has been operating for 15 years, with 5 years of IRS 990 filings on record (2016–2020). Revenue has grown at a compound annual rate of -24.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $418K |
| Total Expenses | $20K |
| Surplus / Deficit | +$398K |
| Total Assets | $2.9M |
| Net Assets | $2.9M |
| Operating Margin | 95.2% |
| Months of Reserves | 1731.1 months |
Financial Health Grade: A
In 2020, Aquinas Education And Formation Tr reported a surplus of $398K with revenue exceeding expenses, holds 1731.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2016–2020), Aquinas Education And Formation Tr's revenue has declined at a compound annual growth rate (CAGR) of -24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +45.9% | +110.2% | +28.3% |
| 2019 | +398.1% | +27.2% | +35.4% |
| 2018 | -87.0% | +111.6% | -9.4% |
| 2017 | -65.3% | +1055.3% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aquinas Education And Formation Tr 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 Aquinas Education And Formation Tr 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $398K, with revenue exceeding expenses.
Frequently Asked Questions about Aquinas Education And Formation Tr
Is Aquinas Education And Formation Tr a legitimate charity?
Aquinas Education And Formation Tr (EIN: 276506644) is a registered tax-exempt nonprofit based in Louisiana. It has 5 years of IRS 990 filings on record. Total revenue: $418K. No red flags identified. Financial health grade: A.
How does Aquinas Education And Formation Tr spend its money?
Aquinas Education And Formation Tr reported $418K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aquinas Education And Formation Tr tax-deductible?
Aquinas Education And Formation Tr is registered as a tax-exempt nonprofit (EIN: 276506644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aquinas Education And Formation Tr located?
Aquinas Education And Formation Tr is headquartered in New Orleans, Louisiana and files with the IRS under EIN 276506644. It is classified under NTEE code X112.
How many years of IRS 990 filings does Aquinas Education And Formation Tr have?
Aquinas Education And Formation Tr has 5 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 $418K in total revenue.
Filing History
IRS 990 filing history for Aquinas Education And Formation Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2020), Aquinas Education And Formation Tr's revenue has declined by 67.2%, moving from $1.3M to $418K. Total assets increased by 127.2% over the same period, from $1.3M to $2.9M. Total functional expenses rose by 6440.1%, from $309 to $20K. In its most recent filing year (2020), Aquinas Education And Formation Tr reported a surplus of $398K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $418K | $20K | $2.9M | $0 | — | View 990 |
| 2019 | $286K | $10K | $2.3M | $0 | — | View 990 |
| 2018 | $58K | $8K | $1.7M | $0 | — | View 990 |
| 2017 | $442K | $4K | $1.9M | $0 | — | View 990 |
| 2016 | $1.3M | $309 | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $418K, expenses of $20K, and assets of $2.9M (revenue +45.9% year-over-year).
- 2019: Revenue of $286K, expenses of $10K, and assets of $2.3M (revenue +398.1% year-over-year).
- 2018: Revenue of $58K, expenses of $8K, and assets of $1.7M (revenue -87.0% year-over-year).
- 2017: Revenue of $442K, expenses of $4K, and assets of $1.9M (revenue -65.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $309, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aquinas Education And Formation Tr:
Data Sources and Methodology
This transparency report for Aquinas Education And Formation Tr 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.