Central Louisiana Economic Development Alliance
EIN: 651267691 · Alexandria, LA · NTEE: M990
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.2M |
| Net Assets | $1.2M |
Is Central Louisiana Economic Development Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Louisiana Economic Development Alliance
Central Louisiana Economic Development Alliance (EIN: 651267691) is a nonprofit organization based in Alexandria, LA, classified under NTEE code M990. The organization reported total revenue of $2.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Louisiana Economic Development Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Louisiana Economic Development Alliance is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-67,281 |
| Total Assets | $1.5M |
| Total Liabilities | $249K |
| Net Assets | $1.2M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 8.0 months |
Financial Health Grade: B
In 2023, Central Louisiana Economic Development Alliance reported a deficit of $67K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Central Louisiana Economic Development Alliance's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | +12.7% | +0.1% |
| 2022 | +28.2% | +14.7% | +33.1% |
| 2021 | +5.7% | +5.9% | -1.7% |
| 2020 | -13.1% | -12.3% | -18.3% |
| 2019 | -1.1% | -4.1% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Louisiana Economic Development Alliance 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 Louisiana Economic Development Alliance 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 $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.0%.
Frequently Asked Questions about Central Louisiana Economic Development Alliance
Is Central Louisiana Economic Development Alliance a legitimate charity?
Central Louisiana Economic Development Alliance (EIN: 651267691) is a registered tax-exempt nonprofit based in Louisiana. It has 14 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: B.
How does Central Louisiana Economic Development Alliance spend its money?
Central Louisiana Economic Development Alliance reported $2.9M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Louisiana Economic Development Alliance tax-deductible?
Central Louisiana Economic Development Alliance is registered as a tax-exempt nonprofit (EIN: 651267691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Louisiana Economic Development Alliance located?
Central Louisiana Economic Development Alliance is headquartered in Alexandria, Louisiana and files with the IRS under EIN 651267691. It is classified under NTEE code M990.
How many years of IRS 990 filings does Central Louisiana Economic Development Alliance have?
Central Louisiana Economic Development Alliance has 14 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Central Louisiana Economic Development Alliance showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Central Louisiana Economic Development Alliance's revenue has grown by 220.9%, moving from $665K to $2.1M. Total assets increased by 2023.7% over the same period, from $69K to $1.5M. Total functional expenses rose by 134.2%, from $940K to $2.2M. In its most recent filing year (2023), Central Louisiana Economic Development Alliance reported a deficit of $67K, with expenses exceeding revenue. The organization holds $249K in liabilities against $1.5M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $1.5M | $249K | — | — |
| 2022 | $2.2M | $2.0M | $1.5M | $180K | — | View 990 |
| 2021 | $1.7M | $1.7M | $1.1M | $37K | — | View 990 |
| 2020 | $1.6M | $1.6M | $1.1M | $48K | — | View 990 |
| 2019 | $1.8M | $1.8M | $1.4M | $295K | — | View 990 |
| 2018 | $1.9M | $1.9M | $1.3M | $231K | — | View 990 |
| 2017 | $1.5M | $1.6M | $1.1M | $22K | — | View 990 |
| 2016 | $2.1M | $1.7M | $1.4M | $199K | — | View 990 |
| 2015 | $2.0M | $1.8M | $896K | $56K | — | View 990 |
| 2014 | $1.4M | $1.6M | $789K | $204K | — | View 990 |
| 2013 | $1.9M | $1.8M | $789K | $56K | — | View 990 |
| 2012 | $1.9M | $1.7M | $708K | $73K | — | View 990 |
| 2011 | $1.7M | $1.2M | $654K | $162K | — | View 990 |
| 2010 | $665K | $940K | $69K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $1.5M (revenue -1.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $1.5M (revenue +28.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue +5.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue -13.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $1.4M (revenue -1.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $1.3M (revenue +20.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue -24.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.7M, and assets of $1.4M (revenue +2.2% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.8M, and assets of $896K (revenue +39.3% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.6M, and assets of $789K (revenue -25.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $789K (revenue +4.0% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $708K (revenue +11.7% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.2M, and assets of $654K (revenue +150.0% year-over-year).
- 2010: Revenue of $665K, expenses of $940K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Louisiana Economic Development Alliance:
Data Sources and Methodology
This transparency report for Central Louisiana Economic Development Alliance 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.