Bayou Multiple Sclerosis Foundation
EIN: 721463919 · New Orleans, LA · NTEE: E12
| Metric | Value |
|---|---|
| Total Revenue | $490 |
| Net Assets | $7K |
Is Bayou Multiple Sclerosis Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bayou Multiple Sclerosis Foundation
Bayou Multiple Sclerosis Foundation (EIN: 721463919) is a nonprofit organization based in New Orleans, LA, classified under NTEE code E12. The organization reported total revenue of $490 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bayou Multiple Sclerosis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bayou Multiple Sclerosis Foundation is a micro nonprofit that has been operating for 26 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -25.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $490 |
| Total Expenses | $0 |
| Surplus / Deficit | +$490 |
| Total Assets | $7K |
| Total Liabilities | $1 |
| Net Assets | $7K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2020, Bayou Multiple Sclerosis Foundation reported a surplus of $490 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Bayou Multiple Sclerosis Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +102.5% | -100.0% | +7.2% |
| 2019 | +2320.0% | +4140.0% | -60.7% |
| 2015 | -9.1% | +0.0% | -6.3% |
| 2014 | -96.4% | +0.0% | +6.7% |
| 2013 | -95.0% | -98.5% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bayou Multiple Sclerosis Foundation 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 Bayou Multiple Sclerosis Foundation 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bayou Multiple Sclerosis Foundation
Is Bayou Multiple Sclerosis Foundation a legitimate charity?
Bayou Multiple Sclerosis Foundation (EIN: 721463919) is a registered tax-exempt nonprofit based in Louisiana. It has 7 years of IRS 990 filings on record. Total revenue: $490. No red flags identified. Financial health grade: A.
How does Bayou Multiple Sclerosis Foundation spend its money?
Bayou Multiple Sclerosis Foundation reported $490 in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bayou Multiple Sclerosis Foundation tax-deductible?
Bayou Multiple Sclerosis Foundation is registered as a tax-exempt nonprofit (EIN: 721463919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bayou Multiple Sclerosis Foundation located?
Bayou Multiple Sclerosis Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721463919. It is classified under NTEE code E12.
How many years of IRS 990 filings does Bayou Multiple Sclerosis Foundation have?
Bayou Multiple Sclerosis Foundation has 7 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 $490 in total revenue.
Filing History
IRS 990 filing history for Bayou Multiple Sclerosis Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Bayou Multiple Sclerosis Foundation's revenue has declined by 93.1%, moving from $7K to $490. Total assets decreased by 37.4% over the same period, from $12K to $7K. Total functional expenses fell by 100%, from $2K to $0. The organization holds $1 in liabilities against $7K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $490 | $0 | $7K | $1 | — | — |
| 2019 | $242 | $424 | $7K | $1 | — | View 990 |
| 2015 | $10 | $10 | $17K | $1 | — | View 990 |
| 2014 | $11 | $10 | $18K | $1K | — | View 990 |
| 2013 | $304 | $10 | $17K | $1 | — | View 990 |
| 2012 | $6K | $660 | $17K | $1 | — | View 990 |
| 2011 | $7K | $2K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $490, expenses of $0, and assets of $7K (revenue +102.5% year-over-year).
- 2019: Revenue of $242, expenses of $424, and assets of $7K (revenue +2320.0% year-over-year).
- 2015: Revenue of $10, expenses of $10, and assets of $17K (revenue -9.1% year-over-year).
- 2014: Revenue of $11, expenses of $10, and assets of $18K (revenue -96.4% year-over-year).
- 2013: Revenue of $304, expenses of $10, and assets of $17K (revenue -95.0% year-over-year).
- 2012: Revenue of $6K, expenses of $660, and assets of $17K (revenue -15.8% year-over-year).
- 2011: Revenue of $7K, expenses of $2K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bayou Multiple Sclerosis Foundation:
Data Sources and Methodology
This transparency report for Bayou Multiple Sclerosis 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.