Central Cultural Foundation Inc
EIN: 455264733 · Baton Rouge, LA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $147K |
| Net Assets | $-13,885 |
Is Central Cultural Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Cultural Foundation Inc
Central Cultural Foundation Inc (EIN: 455264733) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A20. The organization reported total revenue of $134K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Cultural Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Cultural Foundation Inc is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $147K |
| Surplus / Deficit | $-21,336 |
| Total Assets | $27K |
| Total Liabilities | $40K |
| Net Assets | $-13,885 |
| Operating Margin | -17.0% |
| Debt-to-Asset Ratio | 152.3% |
| Months of Reserves | 2.2 months |
Financial Health Grade: D
In 2023, Central Cultural Foundation Inc reported a deficit of $21K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 152.3% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Cultural Foundation 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 Central Cultural Foundation 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 $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 152.3%.
Frequently Asked Questions about Central Cultural Foundation Inc
Is Central Cultural Foundation Inc a legitimate charity?
Central Cultural Foundation Inc (EIN: 455264733) is a registered tax-exempt nonprofit based in Louisiana. Total revenue: $134K. No red flags identified. Financial health grade: D.
How does Central Cultural Foundation Inc spend its money?
Central Cultural Foundation Inc reported $134K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Cultural Foundation Inc tax-deductible?
Central Cultural Foundation Inc is registered as a tax-exempt nonprofit (EIN: 455264733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Cultural Foundation Inc located?
Central Cultural Foundation Inc is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 455264733. It is classified under NTEE code A20.
Filing History
IRS 990 filing history for Central Cultural Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Central Cultural Foundation Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $40K in liabilities against $27K in assets (debt-to-asset ratio: 152.3%), resulting in net assets of $-13,885.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $147K | $27K | $40K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Cultural Foundation Inc:
Data Sources and Methodology
This transparency report for Central Cultural Foundation 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.