Desoto High School Alumni Association
EIN: 721279573 · Mansfield, LA · NTEE: P28Z
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $64K |
| Net Assets | $105K |
Is Desoto High School Alumni Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Desoto High School Alumni Association
Desoto High School Alumni Association (EIN: 721279573) is a nonprofit organization based in Mansfield, LA, classified under NTEE code P28Z. The organization reported total revenue of $56K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Desoto High School Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Desoto High School Alumni Association is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -17.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $64K |
| Surplus / Deficit | $-7,946 |
| Total Assets | $105K |
| Total Liabilities | $166 |
| Net Assets | $105K |
| Operating Margin | -14.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2020, Desoto High School Alumni Association reported a deficit of $8K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Desoto High School Alumni Association's revenue has declined at a compound annual growth rate (CAGR) of -17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -40.5% | -18.0% | -7.9% |
| 2019 | +52.1% | +10.9% | +18.6% |
| 2018 | -20.0% | +6.2% | +9587300.0% |
| 2017 | +14.8% | -2.3% | -100.0% |
| 2016 | -18.0% | +0.3% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Desoto High School Alumni Association 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 Desoto High School Alumni Association 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Desoto High School Alumni Association
Is Desoto High School Alumni Association a legitimate charity?
Desoto High School Alumni Association (EIN: 721279573) is a registered tax-exempt nonprofit based in Louisiana. It has 10 years of IRS 990 filings on record. Total revenue: $56K. No red flags identified. Financial health grade: B.
How does Desoto High School Alumni Association spend its money?
Desoto High School Alumni Association reported $56K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Desoto High School Alumni Association tax-deductible?
Desoto High School Alumni Association is registered as a tax-exempt nonprofit (EIN: 721279573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Desoto High School Alumni Association located?
Desoto High School Alumni Association is headquartered in Mansfield, Louisiana and files with the IRS under EIN 721279573. It is classified under NTEE code P28Z.
How many years of IRS 990 filings does Desoto High School Alumni Association have?
Desoto High School Alumni Association has 10 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 $56K in total revenue.
Filing History
IRS 990 filing history for Desoto High School Alumni Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Desoto High School Alumni Association's revenue has declined by 81.6%, moving from $305K to $56K. Total assets increased by 141.5% over the same period, from $43K to $105K. Total functional expenses fell by 78.6%, from $300K to $64K. In its most recent filing year (2020), Desoto High School Alumni Association reported a deficit of $8K, with expenses exceeding revenue. The organization holds $166 in liabilities against $105K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $56K | $64K | $105K | $166 | — | — |
| 2019 | $94K | $78K | $114K | $53 | — | — |
| 2018 | $62K | $70K | $96K | $137 | — | View 990 |
| 2017 | $77K | $66K | $1 | $0 | — | View 990 |
| 2016 | $67K | $68K | $92K | $204 | — | View 990 |
| 2015 | $82K | $68K | $92K | $135 | — | View 990 |
| 2014 | $90K | $62K | $78K | $706 | — | View 990 |
| 2013 | $84K | $63K | $50K | $1K | — | View 990 |
| 2012 | $160K | $181K | $22K | $267 | — | View 990 |
| 2011 | $305K | $300K | $43K | $938 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $56K, expenses of $64K, and assets of $105K (revenue -40.5% year-over-year).
- 2019: Revenue of $94K, expenses of $78K, and assets of $114K (revenue +52.1% year-over-year).
- 2018: Revenue of $62K, expenses of $70K, and assets of $96K (revenue -20.0% year-over-year).
- 2017: Revenue of $77K, expenses of $66K, and assets of $1 (revenue +14.8% year-over-year).
- 2016: Revenue of $67K, expenses of $68K, and assets of $92K (revenue -18.0% year-over-year).
- 2015: Revenue of $82K, expenses of $68K, and assets of $92K (revenue -8.4% year-over-year).
- 2014: Revenue of $90K, expenses of $62K, and assets of $78K (revenue +7.1% year-over-year).
- 2013: Revenue of $84K, expenses of $63K, and assets of $50K (revenue -47.5% year-over-year).
- 2012: Revenue of $160K, expenses of $181K, and assets of $22K (revenue -47.6% year-over-year).
- 2011: Revenue of $305K, expenses of $300K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Desoto High School Alumni Association:
Data Sources and Methodology
This transparency report for Desoto High School Alumni Association 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.