Corporate Internship Leadership Institute
EIN: 842556965 · New Orleans, LA · NTEE: B19
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $217K |
| Net Assets | $-89,003 |
Is Corporate Internship Leadership Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corporate Internship Leadership Institute
Corporate Internship Leadership Institute (EIN: 842556965) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B19. The organization reported total revenue of $401K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corporate Internship Leadership Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corporate Internship Leadership Institute is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 60.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $217K |
| Surplus / Deficit | $-32,555 |
| Total Assets | $16K |
| Total Liabilities | $105K |
| Net Assets | $-89,003 |
| Operating Margin | -17.6% |
| Debt-to-Asset Ratio | 650.3% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2022, Corporate Internship Leadership Institute reported a deficit of $33K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 650.3% (high leverage).
Financial Trends
Over 2 years of filings (2021–2022), Corporate Internship Leadership Institute's revenue has grown at a compound annual growth rate (CAGR) of 60.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +60.2% | +47.4% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corporate Internship Leadership Institute 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 Corporate Internship Leadership Institute 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 650.3%.
Frequently Asked Questions about Corporate Internship Leadership Institute
Is Corporate Internship Leadership Institute a legitimate charity?
Corporate Internship Leadership Institute (EIN: 842556965) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $401K. No red flags identified. Financial health grade: D.
How does Corporate Internship Leadership Institute spend its money?
Corporate Internship Leadership Institute reported $401K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Corporate Internship Leadership Institute tax-deductible?
Corporate Internship Leadership Institute is registered as a tax-exempt nonprofit (EIN: 842556965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Corporate Internship Leadership Institute located?
Corporate Internship Leadership Institute is headquartered in New Orleans, Louisiana and files with the IRS under EIN 842556965. It is classified under NTEE code B19.
How many years of IRS 990 filings does Corporate Internship Leadership Institute have?
Corporate Internship Leadership Institute has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $401K in total revenue.
Filing History
IRS 990 filing history for Corporate Internship Leadership Institute showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Corporate Internship Leadership Institute's revenue has grown by 60.2%, moving from $115K to $185K. Total assets increased by 13.9% over the same period, from $14K to $16K. Total functional expenses rose by 47.4%, from $147K to $217K. In its most recent filing year (2022), Corporate Internship Leadership Institute reported a deficit of $33K, with expenses exceeding revenue. The organization holds $105K in liabilities against $16K in assets (debt-to-asset ratio: 650.3%), resulting in net assets of $-89,003.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $185K | $217K | $16K | $105K | — | View 990 |
| 2021 | $115K | $147K | $14K | $71K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corporate Internship Leadership Institute:
Data Sources and Methodology
This transparency report for Corporate Internship Leadership Institute 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.