Elizabeth Abney Furrh Family Foundation
EIN: 822541842 · New Orleans, LA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $6K |
| Net Assets | $104K |
Is Elizabeth Abney Furrh Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elizabeth Abney Furrh Family Foundation
Elizabeth Abney Furrh Family Foundation (EIN: 822541842) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T22. The organization reported total revenue of $94K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth Abney Furrh Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth Abney Furrh Family Foundation is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 52.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $6K |
| Surplus / Deficit | +$3K |
| Total Assets | $104K |
| Total Liabilities | $1 |
| Net Assets | $104K |
| Operating Margin | 30.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 198.6 months |
Financial Health Grade: A
In 2021, Elizabeth Abney Furrh Family Foundation reported a surplus of $3K with revenue exceeding expenses, holds 198.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Elizabeth Abney Furrh Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 52.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +312.6% | -42.7% | +4.1% |
| 2020 | -43.8% | -8.7% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elizabeth Abney Furrh Family 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 Elizabeth Abney Furrh Family 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Elizabeth Abney Furrh Family Foundation
Is Elizabeth Abney Furrh Family Foundation a legitimate charity?
Elizabeth Abney Furrh Family Foundation (EIN: 822541842) is a registered tax-exempt nonprofit based in Louisiana. It has 3 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. Financial health grade: A.
How does Elizabeth Abney Furrh Family Foundation spend its money?
Elizabeth Abney Furrh Family Foundation reported $94K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elizabeth Abney Furrh Family Foundation tax-deductible?
Elizabeth Abney Furrh Family Foundation is registered as a tax-exempt nonprofit (EIN: 822541842). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elizabeth Abney Furrh Family Foundation located?
Elizabeth Abney Furrh Family Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 822541842. It is classified under NTEE code T22.
How many years of IRS 990 filings does Elizabeth Abney Furrh Family Foundation have?
Elizabeth Abney Furrh Family Foundation has 3 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 $94K in total revenue.
Filing History
IRS 990 filing history for Elizabeth Abney Furrh Family Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Elizabeth Abney Furrh Family Foundation's revenue has grown by 131.9%, moving from $4K to $9K. Total assets increased by 0.8% over the same period, from $103K to $104K. Total functional expenses fell by 47.7%, from $12K to $6K. In its most recent filing year (2021), Elizabeth Abney Furrh Family Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $104K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $9K | $6K | $104K | $1 | — | — |
| 2020 | $2K | $11K | $100K | $1 | — | — |
| 2019 | $4K | $12K | $103K | $1 | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $9K, expenses of $6K, and assets of $104K (revenue +312.6% year-over-year).
- 2020: Revenue of $2K, expenses of $11K, and assets of $100K (revenue -43.8% year-over-year).
- 2019: Revenue of $4K, expenses of $12K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth Abney Furrh Family Foundation:
Data Sources and Methodology
This transparency report for Elizabeth Abney Furrh Family 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.