Current Affairs Inc
EIN: 831675720 · New Orleans, LA · NTEE: A30
| Metric | Value |
|---|---|
| Total Revenue | $541K |
| Total Expenses | $226K |
| Net Assets | $226K |
Is Current Affairs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Current Affairs Inc
Current Affairs Inc (EIN: 831675720) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A30. The organization reported total revenue of $541K and total assets of $368K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Current Affairs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Current Affairs Inc is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $442K |
| Total Expenses | $226K |
| Surplus / Deficit | +$217K |
| Total Assets | $389K |
| Total Liabilities | $164K |
| Net Assets | $226K |
| Operating Margin | 49.0% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2023, Current Affairs Inc reported a surplus of $217K with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.1% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Current Affairs Inc 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 Current Affairs Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $217K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.1%.
Frequently Asked Questions about Current Affairs Inc
Is Current Affairs Inc a legitimate charity?
Current Affairs Inc (EIN: 831675720) is a registered tax-exempt nonprofit based in Louisiana. Total revenue: $541K. No red flags identified. Financial health grade: A.
How does Current Affairs Inc spend its money?
Current Affairs Inc reported $541K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Current Affairs Inc tax-deductible?
Current Affairs Inc is registered as a tax-exempt nonprofit (EIN: 831675720). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Current Affairs Inc located?
Current Affairs Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 831675720. It is classified under NTEE code A30.
Filing History
IRS 990 filing history for Current Affairs Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Current Affairs Inc reported a surplus of $217K, with revenue exceeding expenses. The organization holds $164K in liabilities against $389K in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $226K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $442K | $226K | $389K | $164K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Current Affairs Inc:
Data Sources and Methodology
This transparency report for Current Affairs 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.