Holy Trinity Drive Land Corporation
EIN: 611848347 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $1K |
| Net Assets | $2.7M |
Is Holy Trinity Drive Land Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Trinity Drive Land Corporation
Holy Trinity Drive Land Corporation (EIN: 611848347) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $108K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Trinity Drive Land Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Trinity Drive Land Corporation is a small nonprofit that has been operating for 80 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -62.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $1K |
| Surplus / Deficit | +$50K |
| Total Assets | $3.3M |
| Total Liabilities | $665K |
| Net Assets | $2.7M |
| Operating Margin | 97.6% |
| Debt-to-Asset Ratio | 19.9% |
| Months of Reserves | 32531.6 months |
Financial Health Grade: A
In 2023, Holy Trinity Drive Land Corporation reported a surplus of $50K with revenue exceeding expenses, holds 32531.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.9% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Holy Trinity Drive Land Corporation's revenue has declined at a compound annual growth rate (CAGR) of -62.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | -49.1% | +2.3% |
| 2022 | -2.6% | +116.8% | +2.7% |
| 2021 | +172.3% | -79.7% | +2.6% |
| 2020 | -99.2% | -30.4% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Trinity Drive Land Corporation 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 Holy Trinity Drive Land Corporation 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 surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.9%.
Frequently Asked Questions about Holy Trinity Drive Land Corporation
Is Holy Trinity Drive Land Corporation a legitimate charity?
Holy Trinity Drive Land Corporation (EIN: 611848347) is a registered tax-exempt nonprofit based in Louisiana. It has 5 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: A.
How does Holy Trinity Drive Land Corporation spend its money?
Holy Trinity Drive Land Corporation reported $108K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holy Trinity Drive Land Corporation tax-deductible?
Holy Trinity Drive Land Corporation is registered as a tax-exempt nonprofit (EIN: 611848347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Trinity Drive Land Corporation located?
Holy Trinity Drive Land Corporation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 611848347.
How many years of IRS 990 filings does Holy Trinity Drive Land Corporation have?
Holy Trinity Drive Land Corporation has 5 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 $108K in total revenue.
Filing History
IRS 990 filing history for Holy Trinity Drive Land Corporation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Holy Trinity Drive Land Corporation's revenue has declined by 98%, moving from $2.6M to $52K. Total assets increased by 9.4% over the same period, from $3.0M to $3.3M. Total functional expenses fell by 84.4%, from $8K to $1K. In its most recent filing year (2023), Holy Trinity Drive Land Corporation reported a surplus of $50K, with revenue exceeding expenses. The organization holds $665K in liabilities against $3.3M in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $1K | $3.3M | $665K | — | — |
| 2022 | $53K | $2K | $3.3M | $641K | — | — |
| 2021 | $54K | $1K | $3.2M | $606K | — | — |
| 2020 | $20K | $6K | $3.1M | $579K | — | View 990 |
| 2019 | $2.6M | $8K | $3.0M | $548K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $1K, and assets of $3.3M (revenue -2.4% year-over-year).
- 2022: Revenue of $53K, expenses of $2K, and assets of $3.3M (revenue -2.6% year-over-year).
- 2021: Revenue of $54K, expenses of $1K, and assets of $3.2M (revenue +172.3% year-over-year).
- 2020: Revenue of $20K, expenses of $6K, and assets of $3.1M (revenue -99.2% year-over-year).
- 2019: Revenue of $2.6M, expenses of $8K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Trinity Drive Land Corporation:
Data Sources and Methodology
This transparency report for Holy Trinity Drive Land Corporation 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.