Gildas Preschool Academy Inc
EIN: 721326386 · New Orleans, LA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $517K |
| Total Expenses | $445K |
| Net Assets | $122K |
Is Gildas Preschool Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gildas Preschool Academy Inc
Gildas Preschool Academy Inc (EIN: 721326386) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P33. The organization reported total revenue of $517K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gildas Preschool Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gildas Preschool Academy Inc is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $445K |
| Surplus / Deficit | $-48,780 |
| Total Assets | $122K |
| Net Assets | $122K |
| Operating Margin | -12.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Gildas Preschool Academy Inc reported a deficit of $49K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Gildas Preschool Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.0% | +70.1% | — |
| 2021 | -100.0% | -100.0% | — |
| 2020 | -67.4% | -75.5% | — |
| 2019 | +4.1% | -3.1% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gildas Preschool Academy 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 Gildas Preschool Academy 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 deficit of $49K, with expenses exceeding revenue.
Frequently Asked Questions about Gildas Preschool Academy Inc
Is Gildas Preschool Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gildas Preschool Academy Inc (EIN: 721326386) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gildas Preschool Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Gildas Preschool Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Gildas Preschool Academy Inc tax-deductible?
Gildas Preschool Academy Inc is registered as a tax-exempt nonprofit (EIN: 721326386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gildas Preschool Academy Inc located?
Gildas Preschool Academy Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721326386. It is classified under NTEE code P33.
How many years of IRS 990 filings does Gildas Preschool Academy Inc have?
Gildas Preschool Academy Inc has 14 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 $517K in total revenue.
Filing History
IRS 990 filing history for Gildas Preschool Academy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Gildas Preschool Academy Inc's revenue has grown by 49.1%, moving from $266K to $396K. Total assets increased by 375.6% over the same period, from $26K to $122K. Total functional expenses rose by 95.1%, from $228K to $445K. In its most recent filing year (2023), Gildas Preschool Academy Inc reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $445K | $122K | $0 | — | — |
| 2022 | $435K | $261K | $0 | $0 | — | View 990 |
| 2021 | $0 | $0 | $0 | $0 | — | View 990 |
| 2020 | $28K | $23K | $0 | $0 | — | View 990 |
| 2019 | $85K | $92K | $0 | $0 | — | View 990 |
| 2018 | $81K | $95K | $0 | $0 | — | View 990 |
| 2017 | $104K | $112K | $0 | $0 | — | View 990 |
| 2016 | $140K | $127K | $1 | $0 | — | View 990 |
| 2015 | $188K | $183K | $43K | $4K | — | View 990 |
| 2014 | $211K | $190K | $41K | $7K | — | View 990 |
| 2013 | $219K | $201K | $53K | $983 | — | View 990 |
| 2012 | $203K | $136K | $30K | $5K | — | View 990 |
| 2011 | $145K | $156K | $22K | $8K | — | View 990 |
| 2010 | $266K | $228K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $445K, and assets of $122K (revenue -9.0% year-over-year).
- 2022: Revenue of $435K, expenses of $261K, and assets of $0.
- 2021: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2020: Revenue of $28K, expenses of $23K, and assets of $0 (revenue -67.4% year-over-year).
- 2019: Revenue of $85K, expenses of $92K, and assets of $0 (revenue +4.1% year-over-year).
- 2018: Revenue of $81K, expenses of $95K, and assets of $0 (revenue -21.9% year-over-year).
- 2017: Revenue of $104K, expenses of $112K, and assets of $0 (revenue -25.4% year-over-year).
- 2016: Revenue of $140K, expenses of $127K, and assets of $1 (revenue -25.7% year-over-year).
- 2015: Revenue of $188K, expenses of $183K, and assets of $43K (revenue -10.7% year-over-year).
- 2014: Revenue of $211K, expenses of $190K, and assets of $41K (revenue -3.7% year-over-year).
- 2013: Revenue of $219K, expenses of $201K, and assets of $53K (revenue +7.7% year-over-year).
- 2012: Revenue of $203K, expenses of $136K, and assets of $30K (revenue +39.9% year-over-year).
- 2011: Revenue of $145K, expenses of $156K, and assets of $22K (revenue -45.3% year-over-year).
- 2010: Revenue of $266K, expenses of $228K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gildas Preschool Academy Inc:
Data Sources and Methodology
This transparency report for Gildas Preschool Academy 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.