Family Foundation Of Southwest La
EIN: 721472220 · Lake Charles, LA · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $135K |
| Net Assets | $2.7M |
Is Family Foundation Of Southwest La Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Foundation Of Southwest La
Family Foundation Of Southwest La (EIN: 721472220) is a nonprofit organization based in Lake Charles, LA, classified under NTEE code T11. The organization reported total revenue of $351K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Foundation Of Southwest La's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Foundation Of Southwest La is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $135K |
| Surplus / Deficit | +$139K |
| Total Assets | $3.2M |
| Total Liabilities | $451K |
| Net Assets | $2.7M |
| Operating Margin | 50.7% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 280.2 months |
Financial Health Grade: A
In 2023, Family Foundation Of Southwest La reported a surplus of $139K with revenue exceeding expenses, holds 280.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Foundation Of Southwest La's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.9% | +51.8% | +4.5% |
| 2022 | +28.4% | +5.4% | +3.6% |
| 2021 | -3.9% | -45.8% | +4.7% |
| 2020 | -44.9% | -14.5% | +16.1% |
| 2019 | +28.5% | +19.7% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Foundation Of Southwest La 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 Foundation Of Southwest La 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 $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.3%.
Frequently Asked Questions about Family Foundation Of Southwest La
Is Family Foundation Of Southwest La a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Foundation Of Southwest La (EIN: 721472220) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Foundation Of Southwest La spend its money?
Detailed spending breakdown data is not yet available for Family Foundation Of Southwest La. Check back for updated IRS 990 analysis.
Are donations to Family Foundation Of Southwest La tax-deductible?
Family Foundation Of Southwest La is registered as a tax-exempt nonprofit (EIN: 721472220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Foundation Of Southwest La located?
Family Foundation Of Southwest La is headquartered in Lake Charles, Louisiana and files with the IRS under EIN 721472220. It is classified under NTEE code T11.
How many years of IRS 990 filings does Family Foundation Of Southwest La have?
Family Foundation Of Southwest La 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 $351K in total revenue.
Filing History
IRS 990 filing history for Family Foundation Of Southwest La showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Foundation Of Southwest La's revenue has grown by 195.1%, moving from $93K to $274K. Total assets increased by 474.4% over the same period, from $550K to $3.2M. Total functional expenses rose by 515.4%, from $22K to $135K. In its most recent filing year (2023), Family Foundation Of Southwest La reported a surplus of $139K, with revenue exceeding expenses. The organization holds $451K in liabilities against $3.2M in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $135K | $3.2M | $451K | — | View 990 |
| 2022 | $343K | $89K | $3.0M | $519K | — | View 990 |
| 2021 | $267K | $85K | $2.9M | $566K | — | View 990 |
| 2020 | $278K | $156K | $2.8M | $674K | — | — |
| 2019 | $504K | $182K | $2.4M | $472K | — | View 990 |
| 2018 | $393K | $152K | $2.0M | $430K | — | View 990 |
| 2017 | $259K | $233K | $1.7M | $412K | — | — |
| 2016 | $336K | $84K | $1.6M | $365K | — | View 990 |
| 2015 | $149K | $59K | $1.3M | $285K | — | View 990 |
| 2014 | $128K | $22K | $1.1M | $180K | — | View 990 |
| 2013 | $177K | $27K | $892K | $15K | — | View 990 |
| 2012 | $108K | $20K | $681K | $14K | — | View 990 |
| 2011 | $93K | $22K | $550K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $135K, and assets of $3.2M (revenue -19.9% year-over-year).
- 2022: Revenue of $343K, expenses of $89K, and assets of $3.0M (revenue +28.4% year-over-year).
- 2021: Revenue of $267K, expenses of $85K, and assets of $2.9M (revenue -3.9% year-over-year).
- 2020: Revenue of $278K, expenses of $156K, and assets of $2.8M (revenue -44.9% year-over-year).
- 2019: Revenue of $504K, expenses of $182K, and assets of $2.4M (revenue +28.5% year-over-year).
- 2018: Revenue of $393K, expenses of $152K, and assets of $2.0M (revenue +51.4% year-over-year).
- 2017: Revenue of $259K, expenses of $233K, and assets of $1.7M (revenue -22.8% year-over-year).
- 2016: Revenue of $336K, expenses of $84K, and assets of $1.6M (revenue +124.7% year-over-year).
- 2015: Revenue of $149K, expenses of $59K, and assets of $1.3M (revenue +17.1% year-over-year).
- 2014: Revenue of $128K, expenses of $22K, and assets of $1.1M (revenue -27.9% year-over-year).
- 2013: Revenue of $177K, expenses of $27K, and assets of $892K (revenue +64.4% year-over-year).
- 2012: Revenue of $108K, expenses of $20K, and assets of $681K (revenue +15.8% year-over-year).
- 2011: Revenue of $93K, expenses of $22K, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Foundation Of Southwest La:
Data Sources and Methodology
This transparency report for Family Foundation Of Southwest La 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.