Bayou Sugar Growers Inc
EIN: 851236482 · Carencro, LA · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $14.7M |
| Total Expenses | $6.2M |
| Net Assets | $114 |
Is Bayou Sugar Growers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bayou Sugar Growers Inc
Bayou Sugar Growers Inc (EIN: 851236482) is a nonprofit organization based in Carencro, LA, classified under NTEE code K20. The organization reported total revenue of $14.7M and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bayou Sugar Growers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bayou Sugar Growers Inc is a large nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of 101.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$112 |
| Total Assets | $114 |
| Net Assets | $114 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2024, Bayou Sugar Growers Inc reported a surplus of $112 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2021–2024), Bayou Sugar Growers Inc's revenue has grown at a compound annual growth rate (CAGR) of 101.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.3% | +7.3% | +5600.0% |
| 2023 | +28.5% | +28.6% | -99.8% |
| 2022 | +490.9% | +490.8% | +1079.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bayou Sugar Growers 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 Bayou Sugar Growers 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $112, with revenue exceeding expenses.
Frequently Asked Questions about Bayou Sugar Growers Inc
Is Bayou Sugar Growers Inc a legitimate charity?
Bayou Sugar Growers Inc (EIN: 851236482) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. Total revenue: $14.7M. No red flags identified. Financial health grade: B.
How does Bayou Sugar Growers Inc spend its money?
Bayou Sugar Growers Inc reported $14.7M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bayou Sugar Growers Inc tax-deductible?
Bayou Sugar Growers Inc is registered as a tax-exempt nonprofit (EIN: 851236482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bayou Sugar Growers Inc located?
Bayou Sugar Growers Inc is headquartered in Carencro, Louisiana and files with the IRS under EIN 851236482. It is classified under NTEE code K20.
How many years of IRS 990 filings does Bayou Sugar Growers Inc have?
Bayou Sugar Growers Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $14.7M in total revenue.
Filing History
IRS 990 filing history for Bayou Sugar Growers Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Bayou Sugar Growers Inc's revenue has grown by 714.9%, moving from $760K to $6.2M. Total assets increased by 14% over the same period, from $100 to $114. Total functional expenses rose by 715%, from $760K to $6.2M. In its most recent filing year (2024), Bayou Sugar Growers Inc reported a surplus of $112, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6.2M | $6.2M | $114 | $0 | — | View 990 |
| 2023 | $5.8M | $5.8M | $2 | $0 | — | — |
| 2022 | $4.5M | $4.5M | $1K | $0 | — | View 990 |
| 2021 | $760K | $760K | $100 | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $6.2M, expenses of $6.2M, and assets of $114 (revenue +7.3% year-over-year).
- 2023: Revenue of $5.8M, expenses of $5.8M, and assets of $2 (revenue +28.5% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.5M, and assets of $1K (revenue +490.9% year-over-year).
- 2021: Revenue of $760K, expenses of $760K, and assets of $100.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bayou Sugar Growers Inc:
Data Sources and Methodology
This transparency report for Bayou Sugar Growers 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.