Fourchon Oilmans Association Inc
EIN: 272346917 · Cut Off, LA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $52K |
| Net Assets | $169K |
Is Fourchon Oilmans Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fourchon Oilmans Association Inc
Fourchon Oilmans Association Inc (EIN: 272346917) is a nonprofit organization based in Cut Off, LA, classified under NTEE code B82. The organization reported total revenue of $675K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fourchon Oilmans Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fourchon Oilmans Association Inc is a small nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $52K |
| Surplus / Deficit | +$32K |
| Total Assets | $169K |
| Total Liabilities | $1 |
| Net Assets | $169K |
| Operating Margin | 38.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 39.0 months |
Financial Health Grade: A
In 2022, Fourchon Oilmans Association Inc reported a surplus of $32K with revenue exceeding expenses, holds 39.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2022), Fourchon Oilmans Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -42.6% | -81.5% | +23.6% |
| 2021 | -70.9% | -18.7% | -51.6% |
| 2019 | -0.5% | -33.8% | +206.8% |
| 2015 | -8.7% | -1.2% | -13.8% |
| 2014 | -2.7% | -12.8% | +34.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fourchon Oilmans Association 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 Fourchon Oilmans Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Fourchon Oilmans Association Inc
Is Fourchon Oilmans Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fourchon Oilmans Association Inc (EIN: 272346917) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fourchon Oilmans Association Inc spend its money?
Detailed spending breakdown data is not yet available for Fourchon Oilmans Association Inc. Check back for updated IRS 990 analysis.
Are donations to Fourchon Oilmans Association Inc tax-deductible?
Fourchon Oilmans Association Inc is registered as a tax-exempt nonprofit (EIN: 272346917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fourchon Oilmans Association Inc located?
Fourchon Oilmans Association Inc is headquartered in Cut Off, Louisiana and files with the IRS under EIN 272346917. It is classified under NTEE code B82.
How many years of IRS 990 filings does Fourchon Oilmans Association Inc have?
Fourchon Oilmans Association Inc has 8 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 $675K in total revenue.
Filing History
IRS 990 filing history for Fourchon Oilmans Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2022), Fourchon Oilmans Association Inc's revenue has declined by 77.8%, moving from $379K to $84K. Total assets increased by 133.6% over the same period, from $72K to $169K. Total functional expenses fell by 83.3%, from $312K to $52K. In its most recent filing year (2022), Fourchon Oilmans Association Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1 in liabilities against $169K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $84K | $52K | $169K | $1 | — | View 990 |
| 2021 | $147K | $281K | $137K | $1 | — | View 990 |
| 2019 | $505K | $346K | $282K | $1 | — | — |
| 2015 | $508K | $523K | $92K | $0 | — | View 990 |
| 2014 | $556K | $529K | $107K | $0 | — | View 990 |
| 2013 | $571K | $607K | $79K | $0 | — | View 990 |
| 2012 | $494K | $448K | $114K | $0 | — | View 990 |
| 2011 | $379K | $312K | $72K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $84K, expenses of $52K, and assets of $169K (revenue -42.6% year-over-year).
- 2021: Revenue of $147K, expenses of $281K, and assets of $137K (revenue -70.9% year-over-year).
- 2019: Revenue of $505K, expenses of $346K, and assets of $282K (revenue -0.5% year-over-year).
- 2015: Revenue of $508K, expenses of $523K, and assets of $92K (revenue -8.7% year-over-year).
- 2014: Revenue of $556K, expenses of $529K, and assets of $107K (revenue -2.7% year-over-year).
- 2013: Revenue of $571K, expenses of $607K, and assets of $79K (revenue +15.6% year-over-year).
- 2012: Revenue of $494K, expenses of $448K, and assets of $114K (revenue +30.3% year-over-year).
- 2011: Revenue of $379K, expenses of $312K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fourchon Oilmans Association Inc:
Data Sources and Methodology
This transparency report for Fourchon Oilmans Association 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.