Foundation For Louisiana

Foundation For Louisiana maintains strong asset growth despite recent operational deficit.

EIN: 203399944 · New Orleans, LA · NTEE: M12 · Updated: 2026-03-28

$11.8MRevenue

$16.8MAssets

85/100Mission Score (Excellent)

M12

About Foundation For Louisiana

Foundation For Louisiana (EIN: 203399944) is a nonprofit organization based in New Orleans, LA, classified under NTEE code M12. The organization reported total revenue of $11.8M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Louisiana's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Foundation For Louisiana demonstrates a generally healthy financial position with fluctuating but often strong revenue streams. In the most recent filing (202306), the organization reported revenues of $4,845,870 against expenses of $5,272,832, indicating a deficit for that period. However, prior years, such as 202206 ($8,190,410 revenue vs. $4,473,027 expenses) and 202106 ($9,417,372 revenue vs. $8,922,794 expenses), show periods of significant surplus, contributing to a robust asset base of $16,259,098 in 202306. The organization's assets have shown consistent growth over the past decade, from $5,461,011 in 201506 to over $16 million currently, suggesting effective asset management and financial stability.

Spending efficiency appears to be a focus, although specific program, administrative, and fundraising breakdowns are not provided in the raw data. The consistent growth in assets, despite occasional operational deficits, suggests a strategic approach to financial management. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, providing a comprehensive historical financial record. The reported 0% officer compensation across all available filings is a notable point regarding executive remuneration, indicating that compensation for officers is not directly reported in this category, or is covered by other expense lines, or is genuinely zero for the listed officers.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation For Louisiana with a Mission Score of 85 out of 100 (Excellent). 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: 75%
fundraising: 10%

According to IRS 990 filings, Foundation For Louisiana allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings is highly unusual and suggests that either executive compensation is not reported under this specific line item, or the organization's leadership is compensated through other means, or they are genuinely unpaid. This warrants further investigation to understand the full picture of executive remuneration relative to the organization's size and $11.7 million latest revenue.

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 Foundation For Louisiana's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, warranting further investigation.
Operational deficit in the most recent filing (202306), where expenses exceeded revenue by $426,962.

Strengths

The following positive indicators were identified for Foundation For Louisiana:

Strong and consistent asset growth, from $5.46M in 201506 to $16.26M in 202306, indicating financial stability.
History of significant revenue generation, with several years exceeding $8 million, demonstrating fundraising capacity.
Consistent filing of IRS Form 990s (13 filings), indicating good transparency practices.
Ability to manage liabilities, which have remained at a manageable level relative to assets.

Frequently Asked Questions about Foundation For Louisiana

What is the actual breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Further analysis of the full IRS 990 forms would be required to determine these percentages accurately.

How is executive compensation handled if 'Officer Comp' is consistently 0%?

The consistent 0% reported for 'Officer Comp' across all filings suggests that either the listed officers are not compensated, or their compensation is reported under different expense categories (e.g., salaries and wages for employees), or they are volunteers. This requires reviewing the full 990 forms for detailed compensation schedules.

What caused the operational deficit in the 202306 period?

In the 202306 period, expenses ($5,272,832) exceeded revenue ($4,845,870) by $426,962. The specific reasons for this deficit would require a deeper dive into the organization's financial statements for that year, potentially due to increased program activities, one-time expenditures, or a temporary dip in funding.

What is the organization's strategy for managing its growing asset base?

The organization's assets have grown significantly from $5,461,011 in 201506 to $16,259,098 in 202306. Understanding the strategy behind this growth, whether it's through endowment building, strategic investments, or accumulation of operating reserves, would provide insight into its long-term financial planning.

Filing History

IRS 990 filing history for Foundation For Louisiana showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Foundation For Louisiana's revenue has grown by 171.1%, moving from $1.8M to $4.8M. Total assets increased by 60.1% over the same period, from $10.2M to $16.3M. Total functional expenses rose by 24.8%, from $4.2M to $5.3M. In its most recent filing year (2023), Foundation For Louisiana reported a deficit of $427K, with expenses exceeding revenue. The organization holds $4.3M in liabilities against $16.3M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $12.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.8M	$5.3M	$16.3M	$4.3M	—	View 990
2022	$8.2M	$4.5M	$17.2M	$5.3M	—	View 990
2021	$9.4M	$8.9M	$13.8M	$4.4M	—	View 990
2020	$4.7M	$3.4M	$12.0M	$3.7M	—	—
2019	$5.7M	$4.0M	$10.7M	$3.9M	—	—
2018	$3.1M	$4.3M	$8.8M	$3.8M	—	View 990
2017	$5.7M	$3.8M	$7.6M	$1.5M	—	View 990
2016	$2.5M	$2.0M	$6.0M	$1.4M	—	View 990
2015	$836K	$1.5M	$5.5M	$1.0M	—	View 990
2014	$840K	$1.4M	$6.2M	$1.1M	—	View 990
2013	$690K	$1.9M	$6.9M	$1.2M	—	View 990
2012	$1.4M	$4.4M	$8.1M	$1.2M	—	View 990
2011	$1.8M	$4.2M	$10.2M	$164K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.8M, expenses of $5.3M, and assets of $16.3M (revenue -40.8% year-over-year).
2022: Revenue of $8.2M, expenses of $4.5M, and assets of $17.2M (revenue -13.0% year-over-year).
2021: Revenue of $9.4M, expenses of $8.9M, and assets of $13.8M (revenue +98.3% year-over-year).
2020: Revenue of $4.7M, expenses of $3.4M, and assets of $12.0M (revenue -17.1% year-over-year).
2019: Revenue of $5.7M, expenses of $4.0M, and assets of $10.7M (revenue +82.5% year-over-year).
2018: Revenue of $3.1M, expenses of $4.3M, and assets of $8.8M (revenue -44.7% year-over-year).
2017: Revenue of $5.7M, expenses of $3.8M, and assets of $7.6M (revenue +126.7% year-over-year).
2016: Revenue of $2.5M, expenses of $2.0M, and assets of $6.0M (revenue +199.3% year-over-year).
2015: Revenue of $836K, expenses of $1.5M, and assets of $5.5M (revenue -0.5% year-over-year).
2014: Revenue of $840K, expenses of $1.4M, and assets of $6.2M (revenue +21.8% year-over-year).
2013: Revenue of $690K, expenses of $1.9M, and assets of $6.9M (revenue -50.6% year-over-year).
2012: Revenue of $1.4M, expenses of $4.4M, and assets of $8.1M (revenue -21.8% year-over-year).
2011: Revenue of $1.8M, expenses of $4.2M, and assets of $10.2M.

Data Sources and Methodology

This transparency report for Foundation For Louisiana 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.