Coalition For Louisiana Progress Inc

Coalition For Louisiana Progress Inc shows fluctuating revenue and assets, consistently reports zero officer compensation.

EIN: 202640239 · Baton Rouge, LA · NTEE: W24 · Updated: 2026-03-28

$215KRevenue
$46KAssets
75/100Mission Score (Good)
W24
Coalition For Louisiana Progress Inc Financial Summary
MetricValue
Total Revenue$215K
Total Expenses$129K
Program Spending80%
Net Assets$71K
Transparency Score75/100

Is Coalition For Louisiana Progress Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Coalition For Louisiana Progress Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Coalition For Louisiana Progress Inc

Coalition For Louisiana Progress Inc (EIN: 202640239) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code W24. The organization reported total revenue of $215K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coalition For Louisiana Progress Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Coalition For Louisiana Progress Inc is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.9%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$205K
Total Expenses$129K
Surplus / Deficit+$76K
Total Assets$73K
Total Liabilities$2K
Net Assets$71K
Operating Margin37.1%
Debt-to-Asset Ratio3.1%
Months of Reserves6.8 months

Financial Health Grade: A

In 2022, Coalition For Louisiana Progress Inc reported a surplus of $76K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2022), Coalition For Louisiana Progress Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022+319.3%+123.8%+7343800.0%
2021+321.1%+535.9%-100.0%
2020-42.1%-60.8%+198.3%
2019-83.8%-81.4%-81.5%
2015-7.2%-5.3%-28.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Coalition For Louisiana Progress Inc demonstrates fluctuating financial health over its filing history. While the organization reported a significant increase in revenue to $204,687 in 2022, up from $48,812 in 2021, its assets have also varied considerably, reaching a high of $73,439 in 2022 before dropping to the current $46,300. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency, though the 2022 filing shows expenses of $128,656 against $204,687 in revenue, indicating a surplus for that period. The organization's relatively small asset base compared to its revenue suggests it operates with a lean financial structure. The organization's financial stability appears to be improving, with a positive net income in 2022 ($204,687 revenue vs. $128,656 expenses) after several years of operating at or near break-even, and even deficits in 2021, 2019, 2015, 2012, and 2011. The consistent reporting of zero officer compensation across all filings is a significant positive for transparency. However, the lack of detailed functional expense breakdowns in the provided data makes a precise assessment of program spending versus administrative and fundraising costs difficult. Further transparency on how expenses are allocated would enhance the understanding of its spending efficiency. Overall, Coalition For Louisiana Progress Inc shows signs of financial recovery and a commitment to low overhead in terms of executive pay. Its transparency regarding officer compensation is commendable. To fully evaluate its spending efficiency, more granular expense data would be beneficial. The organization's asset growth in 2022, followed by a decrease, suggests active financial management, but also highlights the need for consistent financial planning to build reserves.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Coalition For Louisiana Progress Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Coalition For Louisiana Progress Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$205KTotal Revenue
$129KTotal Expenses
$73KTotal Assets
$2KTotal Liabilities
$71KNet Assets
  • The organization reported a surplus of $76K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 3.1%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly favorable for a nonprofit of its size, suggesting a strong commitment to directing funds towards its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Coalition For Louisiana Progress Inc's IRS 990 filings:

  • Fluctuating financial performance with periods of deficits (e.g., 2021, 2019, 2015, 2012, 2011)
  • Relatively low and inconsistent asset base compared to revenue, indicating limited financial reserves.

Strengths

The following positive indicators were identified for Coalition For Louisiana Progress Inc:

  • Consistent reporting of 0% officer compensation across all filings, demonstrating high transparency and dedication to mission.
  • Significant revenue growth in 2022 ($204,687) compared to previous years, indicating increased support.
  • Positive net income in 2022, showing improved financial management for that period.

Frequently Asked Questions about Coalition For Louisiana Progress Inc

Is Coalition For Louisiana Progress Inc a legitimate charity?

Coalition For Louisiana Progress Inc (EIN: 202640239) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $215K. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Coalition For Louisiana Progress Inc spend its money?

Coalition For Louisiana Progress Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Coalition For Louisiana Progress Inc tax-deductible?

Coalition For Louisiana Progress Inc is registered as a tax-exempt nonprofit (EIN: 202640239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Coalition For Louisiana Progress Inc's spending goes to programs?

Coalition For Louisiana Progress Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Coalition For Louisiana Progress Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Coalition For Louisiana Progress Inc is above average for NTEE category W24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Coalition For Louisiana Progress Inc located?

Coalition For Louisiana Progress Inc is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 202640239. It is classified under NTEE code W24.

How many years of IRS 990 filings does Coalition For Louisiana Progress Inc have?

Coalition For Louisiana Progress Inc 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 $215K in total revenue.

Is Coalition For Louisiana Progress Inc financially stable?

The organization's financial stability has fluctuated, with periods of deficits (e.g., 2021, 2019) and surpluses (e.g., 2022). The latest revenue of $215,021 and assets of $46,300 suggest a relatively lean operation, but the significant revenue increase in 2022 indicates potential for improved stability.

How does the organization manage its expenses?

In 2022, the organization spent $128,656 against $204,687 in revenue, resulting in a surplus. However, without detailed functional expense breakdowns (program, admin, fundraising), a precise analysis of expense management efficiency is limited.

What is the trend in the organization's assets?

Assets have varied significantly, from $1 in 2021 to $73,439 in 2022, and currently stand at $46,300. This fluctuation suggests that the organization may not be consistently building substantial reserves, or that its asset base is highly dependent on recent financial performance.

Filing History

IRS 990 filing history for Coalition For Louisiana Progress Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Coalition For Louisiana Progress Inc's revenue has grown by 88%, moving from $109K to $205K. Total assets increased by 531.6% over the same period, from $12K to $73K. Total functional expenses rose by 10.5%, from $116K to $129K. In its most recent filing year (2022), Coalition For Louisiana Progress Inc reported a surplus of $76K, with revenue exceeding expenses. The organization holds $2K in liabilities against $73K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $71K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $205K $129K $73K $2K View 990
2021 $49K $57K $1 $5K View 990
2020 $12K $9K $4K $1 View 990
2019 $20K $23K $1K $35
2015 $124K $124K $7K $1K View 990
2014 $133K $131K $10K $3K View 990
2013 $111K $108K $6K $2K View 990
2012 $115K $124K $3K $2K View 990
2011 $109K $116K $12K $967 View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $205K, expenses of $129K, and assets of $73K (revenue +319.3% year-over-year).
  • 2021: Revenue of $49K, expenses of $57K, and assets of $1 (revenue +321.1% year-over-year).
  • 2020: Revenue of $12K, expenses of $9K, and assets of $4K (revenue -42.1% year-over-year).
  • 2019: Revenue of $20K, expenses of $23K, and assets of $1K (revenue -83.8% year-over-year).
  • 2015: Revenue of $124K, expenses of $124K, and assets of $7K (revenue -7.2% year-over-year).
  • 2014: Revenue of $133K, expenses of $131K, and assets of $10K (revenue +19.8% year-over-year).
  • 2013: Revenue of $111K, expenses of $108K, and assets of $6K (revenue -3.0% year-over-year).
  • 2012: Revenue of $115K, expenses of $124K, and assets of $3K (revenue +5.3% year-over-year).
  • 2011: Revenue of $109K, expenses of $116K, and assets of $12K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Coalition For Louisiana Progress Inc:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Coalition For Louisiana Progress 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.

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