Committee For Plaquemines Recoverycpr Inc
Plaquemines Recovery Reports $0 Expenses in 2023 Amidst Significant Asset Decline
EIN: 205586094 · Belle Chasse, LA · NTEE: L25 · Updated: 2026-03-28
Is Committee For Plaquemines Recoverycpr Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Committee For Plaquemines Recoverycpr Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Committee For Plaquemines Recoverycpr Inc
Committee For Plaquemines Recoverycpr Inc (EIN: 205586094) is a nonprofit organization based in Belle Chasse, LA, classified under NTEE code L25. The organization reported total revenue of $20K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Committee For Plaquemines Recoverycpr Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Committee For Plaquemines Recoverycpr Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Committee For Plaquemines Recoverycpr Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-reportable means, which is highly unusual for an organization with significant assets in prior years.
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 Committee For Plaquemines Recoverycpr Inc's IRS 990 filings:
- Unusual $0 expense reporting in 2023 filing, hindering financial analysis.
- Significant and consistent decline in assets from $803,875 in 2017 to $146,229 in 2023.
- Inconsistent revenue generation with multiple years reporting $0 revenue.
- Expenses frequently exceeding revenue in several periods (e.g., 2022, 2019, 2015), indicating potential operational deficits.
- Lack of detailed expense breakdown in filings makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Committee For Plaquemines Recoverycpr Inc:
- Consistent reporting of 0% officer compensation, suggesting a volunteer-driven or highly cost-efficient leadership structure.
- History of filing IRS Form 990s, indicating a commitment to regulatory compliance.
- Maintained a positive asset balance, even with significant declines, suggesting some financial reserves.
Frequently Asked Questions about Committee For Plaquemines Recoverycpr Inc
Is Committee For Plaquemines Recoverycpr Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Committee For Plaquemines Recoverycpr Inc (EIN: 205586094) significant concerns. Mission Score: 40/100. 5 red flags identified, 3 strengths noted.
How does Committee For Plaquemines Recoverycpr Inc spend its money?
Committee For Plaquemines Recoverycpr Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Committee For Plaquemines Recoverycpr Inc tax-deductible?
Committee For Plaquemines Recoverycpr Inc is registered as a tax-exempt nonprofit (EIN: 205586094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why were $0 expenses reported in the 2023 filing despite $37,500 in revenue?
The 2023 filing shows $37,500 in revenue but $0 in expenses, which is an anomaly that requires clarification to understand the organization's operational activities and financial management during that period.
What caused the significant decline in assets from $803,875 in 2017 to $146,229 in 2023?
The organization's assets have decreased by over 80% in six years, suggesting either significant spending, asset liquidation, or revaluation, which impacts its long-term financial stability.
How does the organization sustain operations with inconsistent revenue and periods of negative net income?
With periods of $0 revenue (e.g., 2021, 2016) and expenses exceeding revenue (e.g., 2022, 2019), the organization appears to rely heavily on its asset base, which has been diminishing.
What are the specific program activities and their impact, given the financial data?
The financial data primarily shows revenue, expenses, and assets, but without detailed program expense breakdowns, it's difficult to assess the scope and impact of their mission-related activities.
Filing History
IRS 990 filing history for Committee For Plaquemines Recoverycpr Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Committee For Plaquemines Recoverycpr Inc's revenue has declined by 98.1%, moving from $2.0M to $38K. Total assets decreased by 88% over the same period, from $1.2M to $146K. Total functional expenses fell by 100%, from $892K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $0 | $146K | $0 | — | — |
| 2022 | $54K | $60K | $700K | $0 | — | View 990 |
| 2021 | $0 | $10K | $706K | $0 | — | View 990 |
| 2020 | $7K | $4K | $715K | $0 | — | — |
| 2019 | $8K | $51K | $720K | $1K | — | — |
| 2018 | $8K | $30K | $766K | $0 | — | — |
| 2017 | $41K | $24K | $804K | $0 | — | View 990 |
| 2016 | $0 | $42K | $560K | $0 | — | View 990 |
| 2015 | $2K | $135K | $602K | $0 | — | View 990 |
| 2014 | $18K | $220K | $735K | $0 | — | View 990 |
| 2013 | $78K | $117K | $937K | $0 | — | View 990 |
| 2012 | $446K | $301K | $976K | $0 | — | View 990 |
| 2011 | $30K | $420K | $830K | $0 | — | View 990 |
| 2010 | $2.0M | $892K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $0, and assets of $146K (revenue -30.6% year-over-year).
- 2022: Revenue of $54K, expenses of $60K, and assets of $700K.
- 2021: Revenue of $0, expenses of $10K, and assets of $706K (revenue -100.0% year-over-year).
- 2020: Revenue of $7K, expenses of $4K, and assets of $715K (revenue -17.8% year-over-year).
- 2019: Revenue of $8K, expenses of $51K, and assets of $720K (revenue +0.0% year-over-year).
- 2018: Revenue of $8K, expenses of $30K, and assets of $766K (revenue -80.9% year-over-year).
- 2017: Revenue of $41K, expenses of $24K, and assets of $804K.
- 2016: Revenue of $0, expenses of $42K, and assets of $560K (revenue -100.0% year-over-year).
- 2015: Revenue of $2K, expenses of $135K, and assets of $602K (revenue -89.0% year-over-year).
- 2014: Revenue of $18K, expenses of $220K, and assets of $735K (revenue -76.7% year-over-year).
- 2013: Revenue of $78K, expenses of $117K, and assets of $937K (revenue -82.5% year-over-year).
- 2012: Revenue of $446K, expenses of $301K, and assets of $976K (revenue +1411.6% year-over-year).
- 2011: Revenue of $30K, expenses of $420K, and assets of $830K (revenue -98.5% year-over-year).
- 2010: Revenue of $2.0M, expenses of $892K, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Committee For Plaquemines Recoverycpr 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.