Future Athletes Of Louisiana Inc
Future Athletes Of Louisiana Inc shows significant revenue growth with zero reported officer compensation, but recent expenses exceeded revenue.
EIN: 201486150 · Denham Spgs, LA · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $463K |
| Program Spending | 85% |
| Net Assets | $61K |
| Transparency Score | 80/100 |
Is Future Athletes Of Louisiana Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Future Athletes Of Louisiana Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Future Athletes Of Louisiana Inc
Future Athletes Of Louisiana Inc (EIN: 201486150) is a nonprofit organization based in Denham Spgs, LA, classified under NTEE code N60. The organization reported total revenue of $1.4M and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Athletes Of Louisiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Athletes Of Louisiana Inc is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $463K |
| Surplus / Deficit | $-82,436 |
| Total Assets | $62K |
| Total Liabilities | $2K |
| Net Assets | $61K |
| Operating Margin | -21.7% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2022, Future Athletes Of Louisiana Inc reported a deficit of $82K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 11 years of filings (2009–2022), Future Athletes Of Louisiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -26.1% | +0.4% | -56.9% |
| 2021 | +35.7% | +49.8% | +62.3% |
| 2020 | +95.1% | +70.9% | +418.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Future Athletes Of Louisiana Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Future Athletes Of Louisiana Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size.
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 Future Athletes Of Louisiana Inc's IRS 990 filings:
- Expenses exceeded revenue in the 202212 period ($462,652 vs $380,216), indicating a deficit.
- Relatively low asset base ($38,509) compared to latest annual revenue ($1,394,878), which could suggest limited financial reserves.
Strengths
The following positive indicators were identified for Future Athletes Of Louisiana Inc:
- Consistent zero reported officer compensation across all filings, indicating strong volunteer leadership or efficient compensation practices.
- Significant revenue growth from $0 in 2018 to $1,394,878 in the latest period, demonstrating successful fundraising and program expansion.
- Positive net assets in most reporting periods, indicating financial stability despite fluctuations.
Frequently Asked Questions about Future Athletes Of Louisiana Inc
Is Future Athletes Of Louisiana Inc a legitimate charity?
Future Athletes Of Louisiana Inc (EIN: 201486150) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 80/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Future Athletes Of Louisiana Inc spend its money?
Future Athletes Of Louisiana Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Future Athletes Of Louisiana Inc tax-deductible?
Future Athletes Of Louisiana Inc is registered as a tax-exempt nonprofit (EIN: 201486150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Future Athletes Of Louisiana Inc's spending goes to programs?
Future Athletes Of Louisiana Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Future Athletes Of Louisiana Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Future Athletes Of Louisiana Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Future Athletes Of Louisiana Inc located?
Future Athletes Of Louisiana Inc is headquartered in Denham Spgs, Louisiana and files with the IRS under EIN 201486150. It is classified under NTEE code N60.
How many years of IRS 990 filings does Future Athletes Of Louisiana Inc have?
Future Athletes Of Louisiana Inc has 11 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 $1.4M in total revenue.
Is Future Athletes Of Louisiana Inc a good charity?
Based on the available data, Future Athletes Of Louisiana Inc appears to be a good charity, particularly due to its consistent zero officer compensation and significant revenue growth. However, the recent deficit in 202212 where expenses ($462,652) exceeded revenue ($380,216) warrants further investigation into its financial management and sustainability.
How does Future Athletes Of Louisiana Inc manage its finances given the revenue fluctuations?
The organization has experienced significant revenue fluctuations, from $0 in 2018 to over $1.3 million currently. While it has generally managed to keep expenses below or near revenue in most periods, the 202212 period showed a deficit, indicating a need for careful financial planning to ensure long-term stability despite growth.
What is the significance of zero officer compensation?
Zero officer compensation is a strong positive indicator, suggesting that the organization's leadership is either volunteer-based or compensated through non-officer roles. This practice typically leads to a higher percentage of funds being directed towards programs rather than administrative overhead, enhancing donor confidence.
Filing History
IRS 990 filing history for Future Athletes Of Louisiana Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2009–2022), Future Athletes Of Louisiana Inc's revenue has grown by 73.4%, moving from $219K to $380K. Total assets increased by 7613% over the same period, from $806 to $62K. Total functional expenses rose by 97.7%, from $234K to $463K. In its most recent filing year (2022), Future Athletes Of Louisiana Inc reported a deficit of $82K, with expenses exceeding revenue. The organization holds $2K in liabilities against $62K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $380K | $463K | $62K | $2K | — | View 990 |
| 2021 | $515K | $461K | $144K | $1K | — | View 990 |
| 2020 | $379K | $308K | $89K | $0 | — | View 990 |
| 2019 | $194K | $180K | $17K | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | — |
| 2014 | $0 | $0 | $1K | $0 | — | View 990 |
| 2013 | $34K | $38K | $1 | $0 | — | View 990 |
| 2012 | $85K | $79K | $3K | $0 | — | View 990 |
| 2011 | $64K | $63K | $2K | $4K | — | View 990 |
| 2010 | $246K | $245K | $878 | $5K | — | View 990 |
| 2009 | $219K | $234K | $806 | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $380K, expenses of $463K, and assets of $62K (revenue -26.1% year-over-year).
- 2021: Revenue of $515K, expenses of $461K, and assets of $144K (revenue +35.7% year-over-year).
- 2020: Revenue of $379K, expenses of $308K, and assets of $89K (revenue +95.1% year-over-year).
- 2019: Revenue of $194K, expenses of $180K, and assets of $17K.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2014: Revenue of $0, expenses of $0, and assets of $1K (revenue -100.0% year-over-year).
- 2013: Revenue of $34K, expenses of $38K, and assets of $1 (revenue -59.8% year-over-year).
- 2012: Revenue of $85K, expenses of $79K, and assets of $3K (revenue +32.3% year-over-year).
- 2011: Revenue of $64K, expenses of $63K, and assets of $2K (revenue -73.8% year-over-year).
- 2010: Revenue of $246K, expenses of $245K, and assets of $878 (revenue +12.1% year-over-year).
- 2009: Revenue of $219K, expenses of $234K, and assets of $806.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Athletes Of Louisiana Inc:
Data Sources and Methodology
This transparency report for Future Athletes Of Louisiana 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.