Family Development Enterprises Inc
EIN: 311580765 · Monroe, LA · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $874K |
| Net Assets | $21K |
Is Family Development Enterprises Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Development Enterprises Inc
Family Development Enterprises Inc (EIN: 311580765) is a nonprofit organization based in Monroe, LA, classified under NTEE code O99. The organization reported total revenue of $423K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Development Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Development Enterprises Inc is a small nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 232.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $882K |
| Total Expenses | $874K |
| Surplus / Deficit | +$8K |
| Total Assets | $24K |
| Total Liabilities | $3K |
| Net Assets | $21K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Family Development Enterprises Inc reported a surplus of $8K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Family Development Enterprises Inc's revenue has grown at a compound annual growth rate (CAGR) of 232.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +212.3% | +211.5% | +73.1% |
| 2022 | +253.7% | +256.5% | -35.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Development Enterprises Inc 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 Family Development Enterprises Inc 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.1%.
Frequently Asked Questions about Family Development Enterprises Inc
Is Family Development Enterprises Inc a legitimate charity?
Family Development Enterprises Inc (EIN: 311580765) is a registered tax-exempt nonprofit based in Louisiana. It has 3 years of IRS 990 filings on record. Total revenue: $423K. No red flags identified. Financial health grade: A.
How does Family Development Enterprises Inc spend its money?
Family Development Enterprises Inc reported $423K 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 Family Development Enterprises Inc tax-deductible?
Family Development Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 311580765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Development Enterprises Inc located?
Family Development Enterprises Inc is headquartered in Monroe, Louisiana and files with the IRS under EIN 311580765. It is classified under NTEE code O99.
How many years of IRS 990 filings does Family Development Enterprises Inc have?
Family Development Enterprises Inc 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 $423K in total revenue.
Filing History
IRS 990 filing history for Family Development Enterprises Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Family Development Enterprises Inc's revenue has grown by 1004.3%, moving from $80K to $882K. Total assets increased by 11% over the same period, from $21K to $24K. Total functional expenses rose by 1010.5%, from $79K to $874K. In its most recent filing year (2023), Family Development Enterprises Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $3K in liabilities against $24K in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $882K | $874K | $24K | $3K | — | — |
| 2022 | $283K | $281K | $14K | $388 | — | View 990 |
| 2021 | $80K | $79K | $21K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $882K, expenses of $874K, and assets of $24K (revenue +212.3% year-over-year).
- 2022: Revenue of $283K, expenses of $281K, and assets of $14K (revenue +253.7% year-over-year).
- 2021: Revenue of $80K, expenses of $79K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Development Enterprises Inc:
Data Sources and Methodology
This transparency report for Family Development Enterprises 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.