Ed And Adelaide Foundation
EIN: 721017755 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $628 |
| Total Expenses | $429 |
| Net Assets | $13K |
Is Ed And Adelaide Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ed And Adelaide Foundation
Ed And Adelaide Foundation (EIN: 721017755) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $628 and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ed And Adelaide Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ed And Adelaide Foundation is a micro nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $628 |
| Total Expenses | $429 |
| Surplus / Deficit | +$199 |
| Total Assets | $13K |
| Total Liabilities | $1 |
| Net Assets | $13K |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 360.0 months |
Financial Health Grade: A
In 2023, Ed And Adelaide Foundation reported a surplus of $199 with revenue exceeding expenses, holds 360.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ed And Adelaide Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +4.4% | +1.6% |
| 2022 | +8.9% | -31.0% | +1.4% |
| 2021 | -0.7% | -88.9% | -0.5% |
| 2020 | -97.1% | -88.4% | -27.9% |
| 2019 | +407.2% | +71.8% | -89.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ed And Adelaide Foundation 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 Ed And Adelaide Foundation 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 $199, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ed And Adelaide Foundation
Is Ed And Adelaide Foundation a legitimate charity?
Ed And Adelaide Foundation (EIN: 721017755) is a registered tax-exempt nonprofit based in Louisiana. It has 10 years of IRS 990 filings on record. Total revenue: $628. No red flags identified. Financial health grade: A.
How does Ed And Adelaide Foundation spend its money?
Ed And Adelaide Foundation reported $628 in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ed And Adelaide Foundation tax-deductible?
Ed And Adelaide Foundation is registered as a tax-exempt nonprofit (EIN: 721017755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ed And Adelaide Foundation located?
Ed And Adelaide Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721017755.
How many years of IRS 990 filings does Ed And Adelaide Foundation have?
Ed And Adelaide Foundation 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 $628 in total revenue.
Filing History
IRS 990 filing history for Ed And Adelaide Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ed And Adelaide Foundation's revenue has declined by 93.5%, moving from $10K to $628. Total assets decreased by 97.6% over the same period, from $531K to $13K. Total functional expenses fell by 96.3%, from $12K to $429. In its most recent filing year (2023), Ed And Adelaide Foundation reported a surplus of $199, with revenue exceeding expenses. The organization holds $1 in liabilities against $13K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $628 | $429 | $13K | $1 | — | — |
| 2022 | $585 | $411 | $13K | $1 | — | View 990 |
| 2021 | $537 | $596 | $12K | $1 | — | View 990 |
| 2020 | $541 | $5K | $13K | $1 | — | — |
| 2019 | $19K | $47K | $17K | $0 | — | View 990 |
| 2015 | $4K | $27K | $165K | $0 | — | View 990 |
| 2014 | $77K | $209K | $188K | $0 | — | View 990 |
| 2013 | $69K | $280K | $320K | $0 | — | View 990 |
| 2012 | $11K | $11K | $530K | $0 | — | View 990 |
| 2011 | $10K | $12K | $531K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $628, expenses of $429, and assets of $13K (revenue +7.4% year-over-year).
- 2022: Revenue of $585, expenses of $411, and assets of $13K (revenue +8.9% year-over-year).
- 2021: Revenue of $537, expenses of $596, and assets of $12K (revenue -0.7% year-over-year).
- 2020: Revenue of $541, expenses of $5K, and assets of $13K (revenue -97.1% year-over-year).
- 2019: Revenue of $19K, expenses of $47K, and assets of $17K (revenue +407.2% year-over-year).
- 2015: Revenue of $4K, expenses of $27K, and assets of $165K (revenue -95.3% year-over-year).
- 2014: Revenue of $77K, expenses of $209K, and assets of $188K (revenue +12.3% year-over-year).
- 2013: Revenue of $69K, expenses of $280K, and assets of $320K (revenue +533.2% year-over-year).
- 2012: Revenue of $11K, expenses of $11K, and assets of $530K (revenue +13.2% year-over-year).
- 2011: Revenue of $10K, expenses of $12K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ed And Adelaide Foundation:
Data Sources and Methodology
This transparency report for Ed And Adelaide Foundation 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.