Idea Public Schools Nola Inc
EIN: 824598717 · Baton Rouge, LA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $13K |
Is Idea Public Schools Nola Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idea Public Schools Nola Inc
Idea Public Schools Nola Inc (EIN: 824598717) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code B29. The organization reported total revenue of $30K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idea Public Schools Nola Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idea Public Schools Nola Inc is a micro nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -28.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $13K |
| Surplus / Deficit | $-4,623 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -52.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Idea Public Schools Nola Inc reported a deficit of $5K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2017–2023), Idea Public Schools Nola Inc's revenue has declined at a compound annual growth rate (CAGR) of -28.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.8% | -99.7% | -100.0% |
| 2022 | +12.8% | +27.8% | +23.9% |
| 2021 | -0.2% | +6.5% | +55.7% |
| 2020 | +357.0% | +168.0% | +169.3% |
| 2019 | -15.9% | +419.4% | -61.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idea Public Schools Nola 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 Idea Public Schools Nola 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 $5K, with expenses exceeding revenue.
Frequently Asked Questions about Idea Public Schools Nola Inc
Is Idea Public Schools Nola Inc a legitimate charity?
Idea Public Schools Nola Inc (EIN: 824598717) is a registered tax-exempt nonprofit based in Louisiana. It has 7 years of IRS 990 filings on record. Total revenue: $30K. No red flags identified. Financial health grade: C.
How does Idea Public Schools Nola Inc spend its money?
Idea Public Schools Nola Inc reported $30K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idea Public Schools Nola Inc tax-deductible?
Idea Public Schools Nola Inc is registered as a tax-exempt nonprofit (EIN: 824598717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idea Public Schools Nola Inc located?
Idea Public Schools Nola Inc is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 824598717. It is classified under NTEE code B29.
How many years of IRS 990 filings does Idea Public Schools Nola Inc have?
Idea Public Schools Nola Inc has 7 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 $30K in total revenue.
Filing History
IRS 990 filing history for Idea Public Schools Nola Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Idea Public Schools Nola Inc's revenue has declined by 86.3%, moving from $64K to $9K. Total assets decreased by 100% over the same period, from $125K to $0. Total functional expenses fell by 79.1%, from $64K to $13K. In its most recent filing year (2023), Idea Public Schools Nola Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $13K | $0 | $0 | — | View 990 |
| 2022 | $4.7M | $5.3M | $2.4M | $2.7M | — | View 990 |
| 2021 | $4.2M | $4.2M | $1.9M | $1.3M | — | View 990 |
| 2020 | $4.2M | $3.9M | $1.2M | $673K | — | — |
| 2019 | $923K | $1.5M | $453K | $88K | — | — |
| 2018 | $1.1M | $282K | $1.2M | $371K | — | — |
| 2017 | $64K | $64K | $125K | $125K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $13K, and assets of $0 (revenue -99.8% year-over-year).
- 2022: Revenue of $4.7M, expenses of $5.3M, and assets of $2.4M (revenue +12.8% year-over-year).
- 2021: Revenue of $4.2M, expenses of $4.2M, and assets of $1.9M (revenue -0.2% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.9M, and assets of $1.2M (revenue +357.0% year-over-year).
- 2019: Revenue of $923K, expenses of $1.5M, and assets of $453K (revenue -15.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $282K, and assets of $1.2M (revenue +1608.5% year-over-year).
- 2017: Revenue of $64K, expenses of $64K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idea Public Schools Nola Inc:
Data Sources and Methodology
This transparency report for Idea Public Schools Nola 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.