Divine Providence Studios Inc
EIN: 262134078 · Metairie, LA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $6K |
| Net Assets | $115K |
Is Divine Providence Studios Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Divine Providence Studios Inc
Divine Providence Studios Inc (EIN: 262134078) is a nonprofit organization based in Metairie, LA, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Divine Providence Studios Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Divine Providence Studios Inc is a mid-size nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 87.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $6K |
| Surplus / Deficit | $-4,508 |
| Total Assets | $115K |
| Total Liabilities | $1 |
| Net Assets | $115K |
| Operating Margin | -450.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 251.1 months |
Financial Health Grade: B
In 2022, Divine Providence Studios Inc reported a deficit of $5K with expenses exceeding revenue, holds 251.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Divine Providence Studios Inc's revenue has grown at a compound annual growth rate (CAGR) of 87.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +99900.0% | +105.4% | -3.8% |
| 2021 | -100.0% | -83.6% | -2.2% |
| 2020 | +4499900.0% | +37.1% | +30.5% |
| 2019 | -100.0% | +264.2% | -64.0% |
| 2015 | +20499900.0% | +9.1% | +341.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Divine Providence Studios 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 Divine Providence Studios 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Divine Providence Studios Inc
Is Divine Providence Studios Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Divine Providence Studios Inc (EIN: 262134078) insufficient data. 0 red flags identified, 0 strengths noted.
How does Divine Providence Studios Inc spend its money?
Detailed spending breakdown data is not yet available for Divine Providence Studios Inc. Check back for updated IRS 990 analysis.
Are donations to Divine Providence Studios Inc tax-deductible?
Divine Providence Studios Inc is registered as a tax-exempt nonprofit (EIN: 262134078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Divine Providence Studios Inc located?
Divine Providence Studios Inc is headquartered in Metairie, Louisiana and files with the IRS under EIN 262134078. It is classified under NTEE code T20.
How many years of IRS 990 filings does Divine Providence Studios Inc have?
Divine Providence Studios Inc has 9 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Divine Providence Studios Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Divine Providence Studios Inc's revenue has grown by 99900%, moving from $1 to $1K. Total assets increased by 60.1% over the same period, from $72K to $115K. Total functional expenses rose by 3.7%, from $5K to $6K. In its most recent filing year (2022), Divine Providence Studios Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $115K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1K | $6K | $115K | $1 | — | View 990 |
| 2021 | $1 | $3K | $120K | $1 | — | View 990 |
| 2020 | $45K | $16K | $122K | $1 | — | View 990 |
| 2019 | $1 | $12K | $94K | $1 | — | — |
| 2015 | $205K | $3K | $261K | $1 | — | View 990 |
| 2014 | $1 | $3K | $59K | $1 | — | View 990 |
| 2013 | $43K | $43K | $62K | $1 | — | View 990 |
| 2012 | $1 | $10K | $62K | $1 | — | View 990 |
| 2011 | $1 | $5K | $72K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1K, expenses of $6K, and assets of $115K (revenue +99900.0% year-over-year).
- 2021: Revenue of $1, expenses of $3K, and assets of $120K (revenue -100.0% year-over-year).
- 2020: Revenue of $45K, expenses of $16K, and assets of $122K (revenue +4499900.0% year-over-year).
- 2019: Revenue of $1, expenses of $12K, and assets of $94K (revenue -100.0% year-over-year).
- 2015: Revenue of $205K, expenses of $3K, and assets of $261K (revenue +20499900.0% year-over-year).
- 2014: Revenue of $1, expenses of $3K, and assets of $59K (revenue -100.0% year-over-year).
- 2013: Revenue of $43K, expenses of $43K, and assets of $62K (revenue +4299900.0% year-over-year).
- 2012: Revenue of $1, expenses of $10K, and assets of $62K (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $5K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Divine Providence Studios Inc:
Data Sources and Methodology
This transparency report for Divine Providence Studios 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.