Bubba And Lena Mae Oustalet Foundation
EIN: 721404576 · Jennings, LA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $59K |
| Net Assets | $782K |
Is Bubba And Lena Mae Oustalet Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bubba And Lena Mae Oustalet Foundation
Bubba And Lena Mae Oustalet Foundation (EIN: 721404576) is a nonprofit organization based in Jennings, LA, classified under NTEE code T20. The organization reported total revenue of $241K and total assets of $771K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bubba And Lena Mae Oustalet Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bubba And Lena Mae Oustalet Foundation is a small nonprofit that has been operating for 27 years, with 9 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -117.5% | -24.7% | +0.2% |
| 2022 | -5.8% | +76.3% | -19.8% |
| 2021 | -53.0% | +47.2% | -1.3% |
| 2020 | +64.8% | -12.3% | +4.3% |
| 2019 | -13.0% | -40.6% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bubba And Lena Mae Oustalet 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 Bubba And Lena Mae Oustalet 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bubba And Lena Mae Oustalet Foundation
Is Bubba And Lena Mae Oustalet Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bubba And Lena Mae Oustalet Foundation (EIN: 721404576) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bubba And Lena Mae Oustalet Foundation spend its money?
Detailed spending breakdown data is not yet available for Bubba And Lena Mae Oustalet Foundation. Check back for updated IRS 990 analysis.
Are donations to Bubba And Lena Mae Oustalet Foundation tax-deductible?
Bubba And Lena Mae Oustalet Foundation is registered as a tax-exempt nonprofit (EIN: 721404576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bubba And Lena Mae Oustalet Foundation located?
Bubba And Lena Mae Oustalet Foundation is headquartered in Jennings, Louisiana and files with the IRS under EIN 721404576. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bubba And Lena Mae Oustalet Foundation have?
Bubba And Lena Mae Oustalet Foundation has 9 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 $241K in total revenue.
Filing History
IRS 990 filing history for Bubba And Lena Mae Oustalet Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Bubba And Lena Mae Oustalet Foundation's revenue has declined by 111.7%, moving from $47K to $-5,489. Total assets decreased by 25.9% over the same period, from $1.1M to $782K. Total functional expenses rose by 12.7%, from $52K to $59K. The organization holds $1 in liabilities against $782K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $782K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-5,489 | $59K | $782K | $1 | — | — |
| 2022 | $31K | $78K | $781K | $1 | — | View 990 |
| 2021 | $33K | $44K | $973K | $2K | — | — |
| 2020 | $71K | $30K | $986K | $11K | — | — |
| 2019 | $43K | $34K | $945K | $11K | — | View 990 |
| 2014 | $50K | $58K | $1.1M | $32K | — | View 990 |
| 2013 | $55K | $54K | $807K | $15K | — | View 990 |
| 2012 | $47K | $57K | $1.1M | $15K | — | View 990 |
| 2011 | $47K | $52K | $1.1M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-5,489, expenses of $59K, and assets of $782K (revenue -117.5% year-over-year).
- 2022: Revenue of $31K, expenses of $78K, and assets of $781K (revenue -5.8% year-over-year).
- 2021: Revenue of $33K, expenses of $44K, and assets of $973K (revenue -53.0% year-over-year).
- 2020: Revenue of $71K, expenses of $30K, and assets of $986K (revenue +64.8% year-over-year).
- 2019: Revenue of $43K, expenses of $34K, and assets of $945K (revenue -13.0% year-over-year).
- 2014: Revenue of $50K, expenses of $58K, and assets of $1.1M (revenue -10.5% year-over-year).
- 2013: Revenue of $55K, expenses of $54K, and assets of $807K (revenue +17.8% year-over-year).
- 2012: Revenue of $47K, expenses of $57K, and assets of $1.1M (revenue +0.3% year-over-year).
- 2011: Revenue of $47K, expenses of $52K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bubba And Lena Mae Oustalet Foundation:
Data Sources and Methodology
This transparency report for Bubba And Lena Mae Oustalet 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.