Bead Town
EIN: 474108993 · New Orleans, LA · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $63K |
| Net Assets | $-35,743 |
Is Bead Town Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bead Town
Bead Town (EIN: 474108993) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A25. The organization reported total revenue of $60K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bead Town's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bead Town is a micro nonprofit that has been operating for 10 years.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $63K |
| Surplus / Deficit | $-3,487 |
| Total Assets | $0 |
| Total Liabilities | $36K |
| Net Assets | $-35,743 |
| Operating Margin | -5.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2017, Bead Town reported a deficit of $3K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bead Town 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 Bead Town 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Bead Town
Is Bead Town a legitimate charity?
Based on AI analysis of IRS 990 filings, Bead Town (EIN: 474108993) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bead Town spend its money?
Detailed spending breakdown data is not yet available for Bead Town. Check back for updated IRS 990 analysis.
Are donations to Bead Town tax-deductible?
Bead Town is registered as a tax-exempt nonprofit (EIN: 474108993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bead Town located?
Bead Town is headquartered in New Orleans, Louisiana and files with the IRS under EIN 474108993. It is classified under NTEE code A25.
Filing History
IRS 990 filing history for Bead Town showing financial trends over 1 year of public records:
In its most recent filing year (2017), Bead Town reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $60K | $63K | $0 | $36K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bead Town:
Data Sources and Methodology
This transparency report for Bead Town 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.