Community Foundation Realty Inc
Community Foundation Realty Inc. shows declining assets and minimal recent financial activity after periods of significant, volatile transactions.
EIN: 204265927 · Baton Rouge, LA · NTEE: T113 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $797K |
| Transparency Score | 65/100 |
Is Community Foundation Realty Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Foundation Realty Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Foundation Realty Inc
Community Foundation Realty Inc (EIN: 204265927) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code T113. The organization reported total revenue of $187K and total assets of $811K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation Realty Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Foundation Realty Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $2K |
| Surplus / Deficit | +$1K |
| Total Assets | $802K |
| Total Liabilities | $5K |
| Net Assets | $797K |
| Operating Margin | 29.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 3955.3 months |
Financial Health Grade: A
In 2023, Community Foundation Realty Inc reported a surplus of $1K with revenue exceeding expenses, holds 3955.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -92.7% | -0.1% |
| 2021 | -100.0% | +1003.7% | -8.4% |
| 2020 | -24.4% | -99.2% | +1.5% |
| 2019 | -96.6% | -94.7% | -44.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Foundation Realty Inc with a Mission Score of 65 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, Community Foundation Realty 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is a positive sign for resource allocation.
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 Community Foundation Realty Inc's IRS 990 filings:
- Significant and unexplained asset decline from $19.5M to $801K over 8 years.
- Highly volatile revenue and expense patterns, making consistent financial health assessment difficult.
- Periods of extremely low or zero revenue (e.g., $0 in 2022), raising questions about ongoing operations.
- Large expense-to-revenue disparity in certain years (e.g., 2018 expenses $13.8M vs. revenue $822K) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Community Foundation Realty Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- History of managing significant assets, suggesting past capacity for substantial charitable activity.
- Regular filing of IRS Form 990s, demonstrating compliance and transparency in reporting.
Frequently Asked Questions about Community Foundation Realty Inc
Is Community Foundation Realty Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Foundation Realty Inc (EIN: 204265927) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Community Foundation Realty Inc spend its money?
Community Foundation Realty Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Foundation Realty Inc tax-deductible?
Community Foundation Realty Inc is registered as a tax-exempt nonprofit (EIN: 204265927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Foundation Realty Inc's spending goes to programs?
Community Foundation Realty Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Foundation Realty Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Community Foundation Realty Inc is above average for NTEE category T113 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Foundation Realty Inc located?
Community Foundation Realty Inc is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 204265927. It is classified under NTEE code T113.
How many years of IRS 990 filings does Community Foundation Realty Inc have?
Community Foundation Realty Inc has 13 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 $187K in total revenue.
What caused the significant decline in assets from $19.5 million in 2015 to $801,938 in 2023?
The filings indicate a substantial reduction in assets over this period, which could be due to asset transfers, sales, or significant program expenditures not fully detailed in the summary data provided.
Why were expenses so high in 2018 ($13.8 million) compared to revenue ($822,136)?
Such a large discrepancy often suggests a major one-time event, such as the transfer of assets to another entity, a large grant distribution, or a significant property disposition, which would require reviewing the full 990 form for details.
What is the current operational status of Community Foundation Realty Inc. given the minimal revenue and expenses in recent years?
The recent filings (2022-2023) show very low financial activity, suggesting the organization may be largely inactive, undergoing restructuring, or operating with a very limited scope.
How does the organization fund its operations if officer compensation is consistently zero?
With zero officer compensation, the organization likely relies on volunteer leadership or has its administrative functions supported by an affiliated entity, which is common for some community foundations or supporting organizations.
What specific programs or activities does Community Foundation Realty Inc. engage in, given its NTEE code T113 (Community Foundations)?
As a community foundation, it typically manages charitable funds and makes grants to other nonprofits. However, the provided data doesn't detail specific program activities, and the 'Realty' in its name suggests a focus on real estate-related charitable endeavors.
Filing History
IRS 990 filing history for Community Foundation Realty Inc showing financial trends over 13 years of public records:
Total functional expenses rose by 235.1%, from $726 to $2K. In its most recent filing year (2023), Community Foundation Realty Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $5K in liabilities against $802K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $797K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $2K | $802K | $5K | — | — |
| 2022 | $0 | $5K | $800K | $4K | — | View 990 |
| 2021 | $4 | $64K | $801K | $0 | — | View 990 |
| 2020 | $21K | $6K | $874K | $9K | — | View 990 |
| 2019 | $28K | $729K | $862K | $12K | — | View 990 |
| 2018 | $822K | $13.9M | $1.6M | $2K | — | View 990 |
| 2017 | $1.7M | $2.6M | $15.3M | $746K | — | View 990 |
| 2016 | $79K | $2.9M | $15.8M | $329K | — | View 990 |
| 2015 | $2.4M | $291K | $19.6M | $1.1M | — | View 990 |
| 2014 | $16.6M | $657K | $16.9M | $537K | — | View 990 |
| 2013 | $400K | $1K | $399K | $20K | — | View 990 |
| 2012 | $0 | $787 | $0 | $20K | — | View 990 |
| 2011 | $0 | $726 | $0 | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $2K, and assets of $802K.
- 2022: Revenue of $0, expenses of $5K, and assets of $800K (revenue -100.0% year-over-year).
- 2021: Revenue of $4, expenses of $64K, and assets of $801K (revenue -100.0% year-over-year).
- 2020: Revenue of $21K, expenses of $6K, and assets of $874K (revenue -24.4% year-over-year).
- 2019: Revenue of $28K, expenses of $729K, and assets of $862K (revenue -96.6% year-over-year).
- 2018: Revenue of $822K, expenses of $13.9M, and assets of $1.6M (revenue -50.4% year-over-year).
- 2017: Revenue of $1.7M, expenses of $2.6M, and assets of $15.3M (revenue +2009.4% year-over-year).
- 2016: Revenue of $79K, expenses of $2.9M, and assets of $15.8M (revenue -96.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $291K, and assets of $19.6M (revenue -85.2% year-over-year).
- 2014: Revenue of $16.6M, expenses of $657K, and assets of $16.9M (revenue +4044.0% year-over-year).
- 2013: Revenue of $400K, expenses of $1K, and assets of $399K.
- 2012: Revenue of $0, expenses of $787, and assets of $0.
- 2011: Revenue of $0, expenses of $726, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Foundation Realty Inc:
Data Sources and Methodology
This transparency report for Community Foundation Realty 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.