Aucoin Hart Foundation
Aucoin Hart Foundation consistently operates with minimal expenses and no executive compensation, growing assets significantly.
EIN: 205152692 · Metairie, LA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $8K |
| Program Spending | 95% |
| Net Assets | $171K |
| Transparency Score | 90/100 |
Is Aucoin Hart Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aucoin Hart Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aucoin Hart Foundation
Aucoin Hart Foundation (EIN: 205152692) is a nonprofit organization based in Metairie, LA, classified under NTEE code T22. The organization reported total revenue of $56K and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aucoin Hart Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aucoin Hart Foundation is a micro nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $8K |
| Surplus / Deficit | +$42K |
| Total Assets | $171K |
| Total Liabilities | $1 |
| Net Assets | $171K |
| Operating Margin | 83.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 252.2 months |
Financial Health Grade: A
In 2022, Aucoin Hart Foundation reported a surplus of $42K with revenue exceeding expenses, holds 252.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Aucoin Hart Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.2% | +378.5% | +32.5% |
| 2021 | +72.3% | -73.8% | +63.4% |
| 2020 | +615.6% | +474.0% | +42.5% |
| 2019 | +10136.6% | -96.0% | +8.8% |
| 2015 | -12.8% | +262.7% | -35.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Aucoin Hart Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Aucoin Hart Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for a foundation 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.
Strengths
The following positive indicators were identified for Aucoin Hart Foundation:
- Consistently low operating expenses relative to revenue (e.g., 2022 expenses were only 16.2% of revenue).
- Zero reported officer compensation across all filings, indicating strong commitment to mission.
- Significant and consistent growth in assets, from $78,970 in 2020 to $240,094 currently.
- High financial efficiency, retaining a large portion of revenue for future programs or asset growth.
- Consistent filing history demonstrating transparency.
Frequently Asked Questions about Aucoin Hart Foundation
Is Aucoin Hart Foundation a legitimate charity?
Aucoin Hart Foundation (EIN: 205152692) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $56K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Aucoin Hart Foundation spend its money?
Aucoin Hart Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Aucoin Hart Foundation tax-deductible?
Aucoin Hart Foundation is registered as a tax-exempt nonprofit (EIN: 205152692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Aucoin Hart Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Aucoin Hart Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aucoin Hart Foundation located?
Aucoin Hart Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 205152692. It is classified under NTEE code T22.
How many years of IRS 990 filings does Aucoin Hart Foundation have?
Aucoin Hart Foundation 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 $56K in total revenue.
Is Aucoin Hart Foundation a good charity?
Based on its financial filings, the Aucoin Hart Foundation appears to be a very good charity. It demonstrates exceptional financial efficiency, with very low expenses relative to revenue (e.g., $8,135 expenses on $50,091 revenue in 2022) and a strong commitment to its mission by reporting 0% officer compensation.
How has the foundation's asset base changed over time?
The foundation's asset base has shown significant growth, particularly in recent years. It grew from $78,970 in 2020 to $129,023 in 2021, $170,979 in 2022, and currently stands at $240,094, indicating effective financial management and accumulation of resources.
What is the foundation's spending efficiency?
The foundation exhibits excellent spending efficiency. For instance, in 2022, expenses were only $8,135 against $50,091 in revenue, meaning over 80% of its revenue was not consumed by operational costs. This suggests a high proportion of funds are either saved or directly allocated to program activities.
Filing History
IRS 990 filing history for Aucoin Hart Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Aucoin Hart Foundation's revenue has grown by 0.1%, moving from $50K to $50K. Total assets increased by 102.6% over the same period, from $84K to $171K. Total functional expenses fell by 50.6%, from $16K to $8K. In its most recent filing year (2022), Aucoin Hart Foundation reported a surplus of $42K, with revenue exceeding expenses. The organization holds $1 in liabilities against $171K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $50K | $8K | $171K | $1 | — | View 990 |
| 2021 | $52K | $2K | $129K | $1 | — | View 990 |
| 2020 | $30K | $6K | $79K | $1 | — | — |
| 2019 | $4K | $1K | $55K | $1 | — | View 990 |
| 2015 | $41 | $28K | $51K | $0 | — | View 990 |
| 2014 | $47 | $8K | $79K | $0 | — | View 990 |
| 2013 | $20K | $13K | $87K | $0 | — | View 990 |
| 2012 | $47 | $4K | $80K | $0 | — | View 990 |
| 2011 | $50K | $16K | $84K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $50K, expenses of $8K, and assets of $171K (revenue -3.2% year-over-year).
- 2021: Revenue of $52K, expenses of $2K, and assets of $129K (revenue +72.3% year-over-year).
- 2020: Revenue of $30K, expenses of $6K, and assets of $79K (revenue +615.6% year-over-year).
- 2019: Revenue of $4K, expenses of $1K, and assets of $55K (revenue +10136.6% year-over-year).
- 2015: Revenue of $41, expenses of $28K, and assets of $51K (revenue -12.8% year-over-year).
- 2014: Revenue of $47, expenses of $8K, and assets of $79K (revenue -99.8% year-over-year).
- 2013: Revenue of $20K, expenses of $13K, and assets of $87K (revenue +42553.2% year-over-year).
- 2012: Revenue of $47, expenses of $4K, and assets of $80K (revenue -99.9% year-over-year).
- 2011: Revenue of $50K, expenses of $16K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aucoin Hart Foundation:
Data Sources and Methodology
This transparency report for Aucoin Hart 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.