Bernice Industrial Development Corporation
EIN: 237028324 · Bernice, LA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $20K |
| Net Assets | $393K |
Is Bernice Industrial Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bernice Industrial Development Corporation
Bernice Industrial Development Corporation (EIN: 237028324) is a nonprofit organization based in Bernice, LA, classified under NTEE code S41. The organization reported total revenue of $264K and total assets of $633K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bernice Industrial Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bernice Industrial Development Corporation is a small nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2011–2018).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -339.4% | +169.1% | -10.8% |
| 2017 | -12.7% | +178.1% | +1.1% |
| 2016 | -66.3% | -4.1% | +221.4% |
| 2015 | +422.4% | -71.7% | -65.1% |
| 2014 | -93.4% | -82.5% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bernice Industrial Development Corporation 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 Bernice Industrial Development Corporation 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 (2018)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Bernice Industrial Development Corporation
Is Bernice Industrial Development Corporation a legitimate charity?
Bernice Industrial Development Corporation (EIN: 237028324) is a registered tax-exempt nonprofit based in Louisiana. It has 8 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: B.
How does Bernice Industrial Development Corporation spend its money?
Bernice Industrial Development Corporation reported $264K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bernice Industrial Development Corporation tax-deductible?
Bernice Industrial Development Corporation is registered as a tax-exempt nonprofit (EIN: 237028324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bernice Industrial Development Corporation located?
Bernice Industrial Development Corporation is headquartered in Bernice, Louisiana and files with the IRS under EIN 237028324. It is classified under NTEE code S41.
How many years of IRS 990 filings does Bernice Industrial Development Corporation have?
Bernice Industrial Development Corporation has 8 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 $264K in total revenue.
Filing History
IRS 990 filing history for Bernice Industrial Development Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Bernice Industrial Development Corporation's revenue has declined by 127.4%, moving from $101K to $-27,558. Total assets decreased by 13.8% over the same period, from $456K to $393K. Total functional expenses fell by 80%, from $98K to $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $-27,558 | $20K | $393K | $0 | — | View 990 |
| 2017 | $12K | $7K | $441K | $451 | — | View 990 |
| 2016 | $13K | $3K | $436K | $0 | — | View 990 |
| 2015 | $39K | $3K | $136K | $0 | — | View 990 |
| 2014 | $7K | $10K | $389K | $0 | — | View 990 |
| 2013 | $114K | $55K | $440K | $53K | — | View 990 |
| 2012 | $91K | $87K | $445K | $66K | — | View 990 |
| 2011 | $101K | $98K | $456K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $-27,558, expenses of $20K, and assets of $393K (revenue -339.4% year-over-year).
- 2017: Revenue of $12K, expenses of $7K, and assets of $441K (revenue -12.7% year-over-year).
- 2016: Revenue of $13K, expenses of $3K, and assets of $436K (revenue -66.3% year-over-year).
- 2015: Revenue of $39K, expenses of $3K, and assets of $136K (revenue +422.4% year-over-year).
- 2014: Revenue of $7K, expenses of $10K, and assets of $389K (revenue -93.4% year-over-year).
- 2013: Revenue of $114K, expenses of $55K, and assets of $440K (revenue +25.3% year-over-year).
- 2012: Revenue of $91K, expenses of $87K, and assets of $445K (revenue -9.7% year-over-year).
- 2011: Revenue of $101K, expenses of $98K, and assets of $456K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bernice Industrial Development Corporation:
Data Sources and Methodology
This transparency report for Bernice Industrial Development Corporation 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.