Culture Aid Nola
EIN: 851222747 · New Orleans, LA · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $2.4M |
| Net Assets | $336K |
Is Culture Aid Nola Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Culture Aid Nola
Culture Aid Nola (EIN: 851222747) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A99. The organization reported total revenue of $1.4M and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Culture Aid Nola's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Culture Aid Nola is a mid-size nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-247,927 |
| Total Assets | $338K |
| Total Liabilities | $2K |
| Net Assets | $336K |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2022, Culture Aid Nola reported a deficit of $248K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Culture Aid Nola's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.8% | +95.9% | -43.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Culture Aid Nola 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 Culture Aid Nola 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 $248K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Culture Aid Nola
Is Culture Aid Nola a legitimate charity?
Based on AI analysis of IRS 990 filings, Culture Aid Nola (EIN: 851222747) insufficient data. 0 red flags identified, 0 strengths noted.
How does Culture Aid Nola spend its money?
Detailed spending breakdown data is not yet available for Culture Aid Nola. Check back for updated IRS 990 analysis.
Are donations to Culture Aid Nola tax-deductible?
Culture Aid Nola is registered as a tax-exempt nonprofit (EIN: 851222747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Culture Aid Nola located?
Culture Aid Nola is headquartered in New Orleans, Louisiana and files with the IRS under EIN 851222747. It is classified under NTEE code A99.
How many years of IRS 990 filings does Culture Aid Nola have?
Culture Aid Nola 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Culture Aid Nola showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Culture Aid Nola's revenue has grown by 17.8%, moving from $1.8M to $2.1M. Total assets decreased by 43% over the same period, from $593K to $338K. Total functional expenses rose by 95.9%, from $1.2M to $2.4M. In its most recent filing year (2022), Culture Aid Nola reported a deficit of $248K, with expenses exceeding revenue. The organization holds $2K in liabilities against $338K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $336K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.1M | $2.4M | $338K | $2K | — | View 990 |
| 2021 | $1.8M | $1.2M | $593K | $9K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Culture Aid Nola:
Data Sources and Methodology
This transparency report for Culture Aid Nola 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.