Eastover Property Owners
EIN: 621369583 · New Orleans, LA · NTEE: S22
| Metric | Value |
|---|---|
| Total Revenue | $635K |
| Total Expenses | $504K |
| Net Assets | $328K |
Is Eastover Property Owners Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eastover Property Owners
Eastover Property Owners (EIN: 621369583) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S22. The organization reported total revenue of $635K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastover Property Owners's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastover Property Owners is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $635K |
| Total Expenses | $504K |
| Surplus / Deficit | +$131K |
| Total Assets | $352K |
| Total Liabilities | $24K |
| Net Assets | $328K |
| Operating Margin | 20.6% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2022, Eastover Property Owners reported a surplus of $131K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Eastover Property Owners's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +18.7% | +0.9% | +59.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eastover Property Owners 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 Eastover Property Owners 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 surplus of $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Eastover Property Owners
Is Eastover Property Owners a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastover Property Owners (EIN: 621369583) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eastover Property Owners spend its money?
Detailed spending breakdown data is not yet available for Eastover Property Owners. Check back for updated IRS 990 analysis.
Are donations to Eastover Property Owners tax-deductible?
Eastover Property Owners is registered as a tax-exempt nonprofit (EIN: 621369583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eastover Property Owners located?
Eastover Property Owners is headquartered in New Orleans, Louisiana and files with the IRS under EIN 621369583. It is classified under NTEE code S22.
How many years of IRS 990 filings does Eastover Property Owners have?
Eastover Property Owners 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 $635K in total revenue.
Filing History
IRS 990 filing history for Eastover Property Owners showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Eastover Property Owners's revenue has grown by 18.7%, moving from $535K to $635K. Total assets increased by 59.7% over the same period, from $220K to $352K. Total functional expenses rose by 0.9%, from $500K to $504K. In its most recent filing year (2022), Eastover Property Owners reported a surplus of $131K, with revenue exceeding expenses. The organization holds $24K in liabilities against $352K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $635K | $504K | $352K | $24K | — | View 990 |
| 2021 | $535K | $500K | $220K | $23K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastover Property Owners:
Data Sources and Methodology
This transparency report for Eastover Property Owners 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.