Elite Program Inc
Elite Program Inc. shows recent revenue surge after years of stable, modest operations with no reported officer compensation.
EIN: 20613297 · Ruston, LA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $51K |
| Program Spending | 80% |
| Net Assets | $43K |
| Transparency Score | 75/100 |
Is Elite Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elite Program Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elite Program Inc
Elite Program Inc (EIN: 20613297) is a nonprofit organization based in Ruston, LA, classified under NTEE code B99. The organization reported total revenue of $318K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elite Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elite Program Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $51K |
| Surplus / Deficit | +$11K |
| Total Assets | $44K |
| Total Liabilities | $1K |
| Net Assets | $43K |
| Operating Margin | 17.7% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Elite Program Inc reported a surplus of $11K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elite Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +11.2% | +53.5% |
| 2022 | +211.5% | +188.5% | +98.6% |
| 2021 | -62.5% | -30.5% | -19.7% |
| 2020 | +11.3% | -49.5% | +14.1% |
| 2019 | -46.2% | -46.3% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elite Program Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Elite Program Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Elite Program Inc. consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive roles are unpaid, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Elite Program Inc's IRS 990 filings:
- Discrepancy between 'Latest Revenue' ($317,627) and most recent annual filing revenue ($62,200) requires clarification.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Elite Program Inc:
- Consistent reporting of 0% officer compensation, indicating highly efficient leadership costs.
- Generally operates with a surplus or near break-even, demonstrating financial prudence.
- Long filing history (13 filings) suggests sustained operation and commitment to compliance.
Frequently Asked Questions about Elite Program Inc
Is Elite Program Inc a legitimate charity?
Elite Program Inc (EIN: 20613297) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $318K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Elite Program Inc spend its money?
Elite Program Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Elite Program Inc tax-deductible?
Elite Program Inc is registered as a tax-exempt nonprofit (EIN: 20613297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elite Program Inc's spending goes to programs?
Elite Program Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elite Program Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Elite Program Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elite Program Inc located?
Elite Program Inc is headquartered in Ruston, Louisiana and files with the IRS under EIN 20613297. It is classified under NTEE code B99.
How many years of IRS 990 filings does Elite Program Inc have?
Elite Program Inc has 13 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 $318K in total revenue.
What caused the significant increase in revenue to $317,627 in the latest period, compared to previous years?
The provided data shows a jump in 'Latest Revenue' to $317,627, while the most recent filing (202312) shows $62,200. This discrepancy suggests the 'Latest Revenue' might be a cumulative or different reporting period, or a significant event occurred not fully reflected in the annual filings provided. Further investigation into the specific filing associated with the $317,627 figure is needed.
How does Elite Program Inc. manage to operate without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership roles are filled by volunteers, or that any compensation for these roles falls under other expense categories not explicitly labeled as 'Officer Comp' in the summary data. This model can significantly reduce administrative overhead.
What are the specific programs Elite Program Inc. delivers given its NTEE code B99?
The NTEE code B99 indicates 'Other Education,' which is a broad category. Without more detailed program expense breakdowns or narrative descriptions from the full 990 forms, it's difficult to ascertain the specific educational programs or services Elite Program Inc. provides.
Filing History
IRS 990 filing history for Elite Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elite Program Inc's revenue has declined by 28.3%, moving from $87K to $62K. Total assets increased by 668.5% over the same period, from $6K to $44K. Total functional expenses fell by 39.2%, from $84K to $51K. In its most recent filing year (2023), Elite Program Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1K in liabilities against $44K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $51K | $44K | $1K | — | View 990 |
| 2022 | $57K | $46K | $29K | $2K | — | View 990 |
| 2021 | $18K | $16K | $14K | $0 | — | View 990 |
| 2020 | $49K | $23K | $18K | $3K | — | View 990 |
| 2019 | $44K | $45K | $16K | $9K | — | — |
| 2018 | $82K | $85K | $16K | $5K | — | View 990 |
| 2017 | $59K | $52K | $8K | $10K | — | View 990 |
| 2016 | $66K | $69K | $643 | $0 | — | View 990 |
| 2015 | $95K | $94K | $3K | $0 | — | View 990 |
| 2014 | $74K | $73K | $2K | $0 | — | View 990 |
| 2013 | $58K | $62K | $736 | $0 | — | View 990 |
| 2012 | $87K | $88K | $4K | $0 | — | View 990 |
| 2011 | $87K | $84K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $51K, and assets of $44K (revenue +9.1% year-over-year).
- 2022: Revenue of $57K, expenses of $46K, and assets of $29K (revenue +211.5% year-over-year).
- 2021: Revenue of $18K, expenses of $16K, and assets of $14K (revenue -62.5% year-over-year).
- 2020: Revenue of $49K, expenses of $23K, and assets of $18K (revenue +11.3% year-over-year).
- 2019: Revenue of $44K, expenses of $45K, and assets of $16K (revenue -46.2% year-over-year).
- 2018: Revenue of $82K, expenses of $85K, and assets of $16K (revenue +37.4% year-over-year).
- 2017: Revenue of $59K, expenses of $52K, and assets of $8K (revenue -9.7% year-over-year).
- 2016: Revenue of $66K, expenses of $69K, and assets of $643 (revenue -30.8% year-over-year).
- 2015: Revenue of $95K, expenses of $94K, and assets of $3K (revenue +29.0% year-over-year).
- 2014: Revenue of $74K, expenses of $73K, and assets of $2K (revenue +26.4% year-over-year).
- 2013: Revenue of $58K, expenses of $62K, and assets of $736 (revenue -32.6% year-over-year).
- 2012: Revenue of $87K, expenses of $88K, and assets of $4K (revenue -0.2% year-over-year).
- 2011: Revenue of $87K, expenses of $84K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elite Program Inc:
Data Sources and Methodology
This transparency report for Elite Program 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.