Elysian Field Property Corporation
EIN: 721128907 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $86K |
| Net Assets | $1.5M |
Is Elysian Field Property Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elysian Field Property Corporation
Elysian Field Property Corporation (EIN: 721128907) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $185K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elysian Field Property Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elysian Field Property Corporation is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $86K |
| Surplus / Deficit | +$80K |
| Total Assets | $1.5M |
| Total Liabilities | $5K |
| Net Assets | $1.5M |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 214.3 months |
Financial Health Grade: A
In 2023, Elysian Field Property Corporation reported a surplus of $80K with revenue exceeding expenses, holds 214.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elysian Field Property Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +2.2% | +5.8% |
| 2022 | +1.5% | +11.1% | +5.0% |
| 2021 | -0.2% | -17.5% | +5.7% |
| 2020 | +5.0% | +3.7% | +4.7% |
| 2019 | +1.5% | +46.5% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elysian Field Property Corporation 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 Elysian Field Property Corporation 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 $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Elysian Field Property Corporation
Is Elysian Field Property Corporation a legitimate charity?
Elysian Field Property Corporation (EIN: 721128907) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $185K. No red flags identified. Financial health grade: A.
How does Elysian Field Property Corporation spend its money?
Elysian Field Property Corporation reported $185K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elysian Field Property Corporation tax-deductible?
Elysian Field Property Corporation is registered as a tax-exempt nonprofit (EIN: 721128907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elysian Field Property Corporation located?
Elysian Field Property Corporation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721128907.
How many years of IRS 990 filings does Elysian Field Property Corporation have?
Elysian Field Property Corporation 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 $185K in total revenue.
Filing History
IRS 990 filing history for Elysian Field Property Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elysian Field Property Corporation's revenue has grown by 67.7%, moving from $99K to $167K. Total assets increased by 38.4% over the same period, from $1.1M to $1.5M. Total functional expenses fell by 2.9%, from $89K to $86K. In its most recent filing year (2023), Elysian Field Property Corporation reported a surplus of $80K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $86K | $1.5M | $5K | — | View 990 |
| 2022 | $152K | $84K | $1.5M | $1K | — | View 990 |
| 2021 | $150K | $76K | $1.4M | $0 | — | — |
| 2020 | $150K | $92K | $1.3M | $0 | — | — |
| 2019 | $143K | $89K | $1.3M | $0 | — | View 990 |
| 2018 | $141K | $61K | $1.2M | $5K | — | View 990 |
| 2017 | $129K | $62K | $1.1M | $9K | — | View 990 |
| 2016 | $1.6M | $1.6M | $1.1M | $6K | — | View 990 |
| 2015 | $108K | $83K | $1.0M | $15K | — | View 990 |
| 2014 | $108K | $82K | $1.2M | $5K | — | View 990 |
| 2013 | $111K | $70K | $1.2M | $4K | — | View 990 |
| 2012 | $104K | $65K | $1.1M | $705 | — | View 990 |
| 2011 | $99K | $89K | $1.1M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $86K, and assets of $1.5M (revenue +9.4% year-over-year).
- 2022: Revenue of $152K, expenses of $84K, and assets of $1.5M (revenue +1.5% year-over-year).
- 2021: Revenue of $150K, expenses of $76K, and assets of $1.4M (revenue -0.2% year-over-year).
- 2020: Revenue of $150K, expenses of $92K, and assets of $1.3M (revenue +5.0% year-over-year).
- 2019: Revenue of $143K, expenses of $89K, and assets of $1.3M (revenue +1.5% year-over-year).
- 2018: Revenue of $141K, expenses of $61K, and assets of $1.2M (revenue +9.0% year-over-year).
- 2017: Revenue of $129K, expenses of $62K, and assets of $1.1M (revenue -92.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue +1389.6% year-over-year).
- 2015: Revenue of $108K, expenses of $83K, and assets of $1.0M (revenue +0.4% year-over-year).
- 2014: Revenue of $108K, expenses of $82K, and assets of $1.2M (revenue -3.3% year-over-year).
- 2013: Revenue of $111K, expenses of $70K, and assets of $1.2M (revenue +7.5% year-over-year).
- 2012: Revenue of $104K, expenses of $65K, and assets of $1.1M (revenue +4.4% year-over-year).
- 2011: Revenue of $99K, expenses of $89K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elysian Field Property Corporation:
Data Sources and Methodology
This transparency report for Elysian Field Property Corporation 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.