Boyce Property Assistance Inc
EIN: 753092528 · Boyce, LA · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $162K |
| Net Assets | $682K |
Is Boyce Property Assistance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boyce Property Assistance Inc
Boyce Property Assistance Inc (EIN: 753092528) is a nonprofit organization based in Boyce, LA, classified under NTEE code L21. The organization reported total revenue of $151K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boyce Property Assistance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boyce Property Assistance Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $162K |
| Surplus / Deficit | $-22,666 |
| Total Assets | $701K |
| Total Liabilities | $18K |
| Net Assets | $682K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 52.0 months |
Financial Health Grade: B
In 2023, Boyce Property Assistance Inc reported a deficit of $23K with expenses exceeding revenue, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boyce Property Assistance Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +4.9% | -1.6% |
| 2022 | -3.2% | +13.3% | -4.0% |
| 2021 | +11.8% | -3.9% | -0.5% |
| 2020 | -5.9% | -5.0% | -2.4% |
| 2019 | +6.7% | +11.2% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boyce Property Assistance 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 Boyce Property Assistance 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Boyce Property Assistance Inc
Is Boyce Property Assistance Inc a legitimate charity?
Boyce Property Assistance Inc (EIN: 753092528) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $151K. No red flags identified. Financial health grade: B.
How does Boyce Property Assistance Inc spend its money?
Boyce Property Assistance Inc reported $151K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boyce Property Assistance Inc tax-deductible?
Boyce Property Assistance Inc is registered as a tax-exempt nonprofit (EIN: 753092528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boyce Property Assistance Inc located?
Boyce Property Assistance Inc is headquartered in Boyce, Louisiana and files with the IRS under EIN 753092528. It is classified under NTEE code L21.
How many years of IRS 990 filings does Boyce Property Assistance Inc have?
Boyce Property Assistance Inc has 13 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 $151K in total revenue.
Filing History
IRS 990 filing history for Boyce Property Assistance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boyce Property Assistance Inc's revenue has grown by 117.5%, moving from $64K to $139K. Total assets decreased by 26.9% over the same period, from $958K to $701K. Total functional expenses rose by 72.3%, from $94K to $162K. In its most recent filing year (2023), Boyce Property Assistance Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $18K in liabilities against $701K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $682K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $162K | $701K | $18K | — | — |
| 2022 | $128K | $154K | $712K | $7K | — | — |
| 2021 | $132K | $136K | $742K | $10K | — | — |
| 2020 | $118K | $142K | $745K | $10K | — | View 990 |
| 2019 | $125K | $149K | $763K | $5K | — | View 990 |
| 2018 | $118K | $134K | $788K | $5K | — | View 990 |
| 2017 | $108K | $123K | $807K | $9K | — | View 990 |
| 2016 | $136K | $174K | $820K | $7K | — | View 990 |
| 2015 | $74K | $107K | $861K | $11K | — | View 990 |
| 2014 | $97K | $111K | $890K | $8K | — | View 990 |
| 2013 | $74K | $100K | $908K | $11K | — | View 990 |
| 2012 | $63K | $93K | $931K | $8K | — | View 990 |
| 2011 | $64K | $94K | $958K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $162K, and assets of $701K (revenue +8.8% year-over-year).
- 2022: Revenue of $128K, expenses of $154K, and assets of $712K (revenue -3.2% year-over-year).
- 2021: Revenue of $132K, expenses of $136K, and assets of $742K (revenue +11.8% year-over-year).
- 2020: Revenue of $118K, expenses of $142K, and assets of $745K (revenue -5.9% year-over-year).
- 2019: Revenue of $125K, expenses of $149K, and assets of $763K (revenue +6.7% year-over-year).
- 2018: Revenue of $118K, expenses of $134K, and assets of $788K (revenue +8.5% year-over-year).
- 2017: Revenue of $108K, expenses of $123K, and assets of $807K (revenue -20.6% year-over-year).
- 2016: Revenue of $136K, expenses of $174K, and assets of $820K (revenue +83.8% year-over-year).
- 2015: Revenue of $74K, expenses of $107K, and assets of $861K (revenue -23.8% year-over-year).
- 2014: Revenue of $97K, expenses of $111K, and assets of $890K (revenue +31.3% year-over-year).
- 2013: Revenue of $74K, expenses of $100K, and assets of $908K (revenue +18.0% year-over-year).
- 2012: Revenue of $63K, expenses of $93K, and assets of $931K (revenue -1.7% year-over-year).
- 2011: Revenue of $64K, expenses of $94K, and assets of $958K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boyce Property Assistance Inc:
Data Sources and Methodology
This transparency report for Boyce Property Assistance 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.