Greater New Orleans District Senior Olympics Inc
Greater New Orleans District Senior Olympics Inc maintains stable, modest finances with no executive compensation.
EIN: 202156411 · Metairie, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $18K |
| Transparency Score | 85/100 |
Is Greater New Orleans District Senior Olympics Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater New Orleans District Senior Olympics Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater New Orleans District Senior Olympics Inc
Greater New Orleans District Senior Olympics Inc (EIN: 202156411) is a nonprofit organization based in Metairie, LA. The organization reported total revenue of $3K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater New Orleans District Senior Olympics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater New Orleans District Senior Olympics Inc is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $5K |
| Surplus / Deficit | +$1K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 19.0% |
| Months of Reserves | 42.7 months |
Financial Health Grade: A
In 2024, Greater New Orleans District Senior Olympics Inc reported a surplus of $1K with revenue exceeding expenses, holds 42.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Greater New Orleans District Senior Olympics Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +61.4% | -3.6% | +7.1% |
| 2023 | -67.5% | -52.6% | -7.6% |
| 2022 | +121.5% | +100.0% | +5.0% |
| 2021 | -17.7% | -16.1% | -0.8% |
| 2020 | -50.6% | -44.2% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2003 |
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 Greater New Orleans District Senior Olympics Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Greater New Orleans District Senior Olympics Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of this 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.
Strengths
The following positive indicators were identified for Greater New Orleans District Senior Olympics Inc:
- Consistent reporting of $0 liabilities, indicating strong financial health.
- Zero officer compensation across all filings, demonstrating a volunteer-driven and highly efficient leadership model.
- Stable asset base relative to revenue, providing financial security.
- Consistent filing of IRS Form 990s, indicating good transparency and accountability.
- Expenses generally align with revenues, suggesting efficient use of funds for operations.
Frequently Asked Questions about Greater New Orleans District Senior Olympics Inc
Is Greater New Orleans District Senior Olympics Inc a legitimate charity?
Greater New Orleans District Senior Olympics Inc (EIN: 202156411) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Greater New Orleans District Senior Olympics Inc spend its money?
Greater New Orleans District Senior Olympics Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Greater New Orleans District Senior Olympics Inc tax-deductible?
Greater New Orleans District Senior Olympics Inc is registered as a tax-exempt nonprofit (EIN: 202156411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater New Orleans District Senior Olympics Inc located?
Greater New Orleans District Senior Olympics Inc is headquartered in Metairie, Louisiana and files with the IRS under EIN 202156411.
How many years of IRS 990 filings does Greater New Orleans District Senior Olympics Inc have?
Greater New Orleans District Senior Olympics Inc 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 $3K in total revenue.
Is Greater New Orleans District Senior Olympics Inc a good charity?
Based on the available financial data, Greater New Orleans District Senior Olympics Inc appears to be a well-managed, small charity. It consistently reports zero liabilities and zero officer compensation, indicating strong financial health and a volunteer-driven model. Its consistent filing of 990s also points to good transparency.
How does the organization manage its expenses relative to its revenue?
The organization's expenses generally track closely with its revenues. For instance, in 202406, revenue was $6,352 and expenses were $5,143, showing a surplus. In 202306, revenue was $3,936 and expenses were $5,335, indicating a slight deficit. This suggests that most incoming funds are utilized for its operations, with a lean operational structure.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the years, from $12,091 in 201506 to $18,323 currently. This indicates a healthy accumulation of reserves, providing financial stability for its operations.
Filing History
IRS 990 filing history for Greater New Orleans District Senior Olympics Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Greater New Orleans District Senior Olympics Inc's revenue has declined by 60.3%, moving from $16K to $6K. Total assets increased by 40.7% over the same period, from $13K to $18K. Total functional expenses fell by 67%, from $16K to $5K. In its most recent filing year (2024), Greater New Orleans District Senior Olympics Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $5K | $18K | $0 | — | — |
| 2023 | $4K | $5K | $17K | $0 | — | View 990 |
| 2022 | $12K | $11K | $18K | $0 | — | — |
| 2021 | $5K | $6K | $18K | $0 | — | — |
| 2020 | $7K | $7K | $18K | $0 | — | View 990 |
| 2019 | $13K | $12K | $18K | $0 | — | View 990 |
| 2018 | $13K | $12K | $16K | $0 | — | View 990 |
| 2017 | $21K | $19K | $15K | $0 | — | View 990 |
| 2016 | $15K | $14K | $13K | $0 | — | View 990 |
| 2015 | $13K | $14K | $12K | $0 | — | View 990 |
| 2014 | $15K | $13K | $13K | $0 | — | View 990 |
| 2013 | $14K | $16K | $11K | $0 | — | View 990 |
| 2012 | $16K | $16K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $5K, and assets of $18K (revenue +61.4% year-over-year).
- 2023: Revenue of $4K, expenses of $5K, and assets of $17K (revenue -67.5% year-over-year).
- 2022: Revenue of $12K, expenses of $11K, and assets of $18K (revenue +121.5% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $18K (revenue -17.7% year-over-year).
- 2020: Revenue of $7K, expenses of $7K, and assets of $18K (revenue -50.6% year-over-year).
- 2019: Revenue of $13K, expenses of $12K, and assets of $18K (revenue +2.0% year-over-year).
- 2018: Revenue of $13K, expenses of $12K, and assets of $16K (revenue -37.7% year-over-year).
- 2017: Revenue of $21K, expenses of $19K, and assets of $15K (revenue +41.6% year-over-year).
- 2016: Revenue of $15K, expenses of $14K, and assets of $13K (revenue +13.1% year-over-year).
- 2015: Revenue of $13K, expenses of $14K, and assets of $12K (revenue -10.9% year-over-year).
- 2014: Revenue of $15K, expenses of $13K, and assets of $13K (revenue +7.2% year-over-year).
- 2013: Revenue of $14K, expenses of $16K, and assets of $11K (revenue -13.4% year-over-year).
- 2012: Revenue of $16K, expenses of $16K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater New Orleans District Senior Olympics Inc:
Data Sources and Methodology
This transparency report for Greater New Orleans District Senior Olympics 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.