Greater New Orleans Inc
EIN: 720272090 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $4.5M |
| Net Assets | $1.6M |
Is Greater New Orleans Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater New Orleans Inc
Greater New Orleans Inc (EIN: 720272090) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $8.9M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater New Orleans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater New Orleans Inc is a mid-size nonprofit that has been operating for 84 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.5M |
| Surplus / Deficit | +$239K |
| Total Assets | $3.5M |
| Total Liabilities | $1.9M |
| Net Assets | $1.6M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 53.7% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2022, Greater New Orleans Inc reported a surplus of $239K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 53.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Greater New Orleans Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4.7% | +1.5% | +74.7% |
| 2021 | +17.6% | +7.7% | +5.8% |
| 2020 | -14.8% | -7.8% | -7.7% |
| 2019 | +15.9% | +7.9% | -1.4% |
| 2018 | -12.7% | -2.5% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater New Orleans 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 Greater New Orleans 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 $239K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.7%.
Frequently Asked Questions about Greater New Orleans Inc
Is Greater New Orleans Inc a legitimate charity?
Greater New Orleans Inc (EIN: 720272090) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $8.9M. No red flags identified. Financial health grade: A.
How does Greater New Orleans Inc spend its money?
Greater New Orleans Inc reported $8.9M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greater New Orleans Inc tax-deductible?
Greater New Orleans Inc is registered as a tax-exempt nonprofit (EIN: 720272090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater New Orleans Inc located?
Greater New Orleans Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720272090.
How many years of IRS 990 filings does Greater New Orleans Inc have?
Greater New Orleans Inc has 12 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 $8.9M in total revenue.
Filing History
IRS 990 filing history for Greater New Orleans Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Greater New Orleans Inc's revenue has grown by 43.4%, moving from $3.3M to $4.8M. Total assets increased by 319.3% over the same period, from $841K to $3.5M. Total functional expenses rose by 39.4%, from $3.2M to $4.5M. In its most recent filing year (2022), Greater New Orleans Inc reported a surplus of $239K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $3.5M in assets (debt-to-asset ratio: 53.7%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.8M | $4.5M | $3.5M | $1.9M | — | View 990 |
| 2021 | $4.5M | $4.4M | $2.0M | $598K | — | View 990 |
| 2020 | $3.9M | $4.1M | $1.9M | $585K | — | — |
| 2019 | $4.5M | $4.5M | $2.1M | $480K | — | — |
| 2018 | $3.9M | $4.2M | $2.1M | $565K | — | View 990 |
| 2017 | $4.5M | $4.3M | $2.3M | $557K | — | View 990 |
| 2016 | $4.6M | $4.4M | $2.4M | $842K | — | View 990 |
| 2015 | $4.2M | $4.4M | $2.0M | $653K | — | View 990 |
| 2014 | $4.2M | $3.8M | $1.9M | $461K | — | View 990 |
| 2013 | $4.2M | $3.7M | $1.6M | $506K | — | View 990 |
| 2012 | $2.8M | $2.8M | $872K | $220K | — | View 990 |
| 2011 | $3.3M | $3.2M | $841K | $264K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.8M, expenses of $4.5M, and assets of $3.5M (revenue +4.7% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.4M, and assets of $2.0M (revenue +17.6% year-over-year).
- 2020: Revenue of $3.9M, expenses of $4.1M, and assets of $1.9M (revenue -14.8% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.5M, and assets of $2.1M (revenue +15.9% year-over-year).
- 2018: Revenue of $3.9M, expenses of $4.2M, and assets of $2.1M (revenue -12.7% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.3M, and assets of $2.3M (revenue -2.1% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.4M, and assets of $2.4M (revenue +7.7% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.4M, and assets of $2.0M (revenue +1.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.8M, and assets of $1.9M (revenue -0.3% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.7M, and assets of $1.6M (revenue +46.9% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.8M, and assets of $872K (revenue -14.2% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $841K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater New Orleans Inc:
Data Sources and Methodology
This transparency report for Greater New Orleans 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.