Carrollton Hollygrove Community Development Corporation
EIN: 61804372 · New Orleans, LA · NTEE: M20
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $39K |
Is Carrollton Hollygrove Community 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 Carrollton Hollygrove Community Development Corporation
Carrollton Hollygrove Community Development Corporation (EIN: 61804372) is a nonprofit organization based in New Orleans, LA, classified under NTEE code M20. The organization reported total revenue of $130K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carrollton Hollygrove Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carrollton Hollygrove Community Development Corporation is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -21.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $39K |
| Surplus / Deficit | +$3K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 8.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2018, Carrollton Hollygrove Community Development Corporation reported a surplus of $3K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), Carrollton Hollygrove Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -87.9% | -89.3% | -100.0% |
| 2017 | -5.9% | -13.7% | -11.2% |
| 2016 | -9.5% | +1.1% | -1.3% |
| 2015 | -14.2% | -22.0% | -1.9% |
| 2014 | +13.3% | +24.1% | -28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carrollton Hollygrove Community 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 Carrollton Hollygrove Community 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:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Carrollton Hollygrove Community Development Corporation
Is Carrollton Hollygrove Community Development Corporation a legitimate charity?
Carrollton Hollygrove Community Development Corporation (EIN: 61804372) is a registered tax-exempt nonprofit based in Louisiana. It has 8 years of IRS 990 filings on record. Total revenue: $130K. No red flags identified. Financial health grade: A.
How does Carrollton Hollygrove Community Development Corporation spend its money?
Carrollton Hollygrove Community Development Corporation reported $130K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carrollton Hollygrove Community Development Corporation tax-deductible?
Carrollton Hollygrove Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 61804372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carrollton Hollygrove Community Development Corporation located?
Carrollton Hollygrove Community Development Corporation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 61804372. It is classified under NTEE code M20.
How many years of IRS 990 filings does Carrollton Hollygrove Community Development Corporation have?
Carrollton Hollygrove Community 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 $130K in total revenue.
Filing History
IRS 990 filing history for Carrollton Hollygrove Community Development Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Carrollton Hollygrove Community Development Corporation's revenue has declined by 81.7%, moving from $234K to $43K. Total assets decreased by 100% over the same period, from $116K to $0. Total functional expenses fell by 85.9%, from $279K to $39K. In its most recent filing year (2018), Carrollton Hollygrove Community Development Corporation reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $43K | $39K | $0 | $0 | — | View 990 |
| 2017 | $356K | $368K | $71K | $163K | — | View 990 |
| 2016 | $378K | $427K | $80K | $160K | — | View 990 |
| 2015 | $418K | $423K | $81K | $112K | — | View 990 |
| 2014 | $487K | $542K | $82K | $109K | — | View 990 |
| 2013 | $430K | $436K | $115K | $88K | — | View 990 |
| 2012 | $279K | $308K | $94K | $59K | — | View 990 |
| 2011 | $234K | $279K | $116K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $43K, expenses of $39K, and assets of $0 (revenue -87.9% year-over-year).
- 2017: Revenue of $356K, expenses of $368K, and assets of $71K (revenue -5.9% year-over-year).
- 2016: Revenue of $378K, expenses of $427K, and assets of $80K (revenue -9.5% year-over-year).
- 2015: Revenue of $418K, expenses of $423K, and assets of $81K (revenue -14.2% year-over-year).
- 2014: Revenue of $487K, expenses of $542K, and assets of $82K (revenue +13.3% year-over-year).
- 2013: Revenue of $430K, expenses of $436K, and assets of $115K (revenue +53.9% year-over-year).
- 2012: Revenue of $279K, expenses of $308K, and assets of $94K (revenue +19.4% year-over-year).
- 2011: Revenue of $234K, expenses of $279K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carrollton Hollygrove Community Development Corporation:
Data Sources and Methodology
This transparency report for Carrollton Hollygrove Community 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.