Ihe Camille And Emory Ornelles Foundation 3660153700
EIN: 581735750 · Metairie, LA · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $26K |
| Net Assets | $366K |
Is Ihe Camille And Emory Ornelles Foundation 3660153700 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ihe Camille And Emory Ornelles Foundation 3660153700
Ihe Camille And Emory Ornelles Foundation 3660153700 (EIN: 581735750) is a nonprofit organization based in Metairie, LA, classified under NTEE code T11. The organization reported total revenue of $222K and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ihe Camille And Emory Ornelles Foundation 3660153700's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ihe Camille And Emory Ornelles Foundation 3660153700 is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $26K |
| Surplus / Deficit | $-14,438 |
| Total Assets | $366K |
| Total Liabilities | $1 |
| Net Assets | $366K |
| Operating Margin | -122.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.7 months |
Financial Health Grade: B
In 2023, Ihe Camille And Emory Ornelles Foundation 3660153700 reported a deficit of $14K with expenses exceeding revenue, holds 167.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ihe Camille And Emory Ornelles Foundation 3660153700's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.9% | -7.5% | -3.8% |
| 2022 | -34.0% | +4.2% | -2.8% |
| 2021 | -15.9% | +545.2% | +0.2% |
| 2020 | +59.7% | -26.0% | +2.6% |
| 2019 | +602.0% | -13.8% | +334.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ihe Camille And Emory Ornelles Foundation 3660153700 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 Ihe Camille And Emory Ornelles Foundation 3660153700 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 $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ihe Camille And Emory Ornelles Foundation 3660153700
Is Ihe Camille And Emory Ornelles Foundation 3660153700 a legitimate charity?
Based on AI analysis of IRS 990 filings, Ihe Camille And Emory Ornelles Foundation 3660153700 (EIN: 581735750) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ihe Camille And Emory Ornelles Foundation 3660153700 spend its money?
Detailed spending breakdown data is not yet available for Ihe Camille And Emory Ornelles Foundation 3660153700. Check back for updated IRS 990 analysis.
Are donations to Ihe Camille And Emory Ornelles Foundation 3660153700 tax-deductible?
Ihe Camille And Emory Ornelles Foundation 3660153700 is registered as a tax-exempt nonprofit (EIN: 581735750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ihe Camille And Emory Ornelles Foundation 3660153700 located?
Ihe Camille And Emory Ornelles Foundation 3660153700 is headquartered in Metairie, Louisiana and files with the IRS under EIN 581735750. It is classified under NTEE code T11.
How many years of IRS 990 filings does Ihe Camille And Emory Ornelles Foundation 3660153700 have?
Ihe Camille And Emory Ornelles Foundation 3660153700 has 10 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 $222K in total revenue.
Filing History
IRS 990 filing history for Ihe Camille And Emory Ornelles Foundation 3660153700 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ihe Camille And Emory Ornelles Foundation 3660153700's revenue has grown by 101.5%, moving from $6K to $12K. Total assets increased by 279.8% over the same period, from $96K to $366K. Total functional expenses rose by 281.1%, from $7K to $26K. In its most recent filing year (2023), Ihe Camille And Emory Ornelles Foundation 3660153700 reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $366K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $366K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $26K | $366K | $1 | — | — |
| 2022 | $18K | $28K | $381K | $1 | — | View 990 |
| 2021 | $27K | $27K | $392K | $1 | — | View 990 |
| 2020 | $32K | $4K | $391K | $1 | — | View 990 |
| 2019 | $20K | $6K | $381K | $1 | — | View 990 |
| 2015 | $3K | $7K | $88K | $0 | — | View 990 |
| 2014 | $4K | $7K | $92K | $0 | — | View 990 |
| 2013 | $6K | $6K | $94K | $0 | — | View 990 |
| 2012 | $4K | $6K | $95K | $0 | — | View 990 |
| 2011 | $6K | $7K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $26K, and assets of $366K (revenue -32.9% year-over-year).
- 2022: Revenue of $18K, expenses of $28K, and assets of $381K (revenue -34.0% year-over-year).
- 2021: Revenue of $27K, expenses of $27K, and assets of $392K (revenue -15.9% year-over-year).
- 2020: Revenue of $32K, expenses of $4K, and assets of $391K (revenue +59.7% year-over-year).
- 2019: Revenue of $20K, expenses of $6K, and assets of $381K (revenue +602.0% year-over-year).
- 2015: Revenue of $3K, expenses of $7K, and assets of $88K (revenue -36.0% year-over-year).
- 2014: Revenue of $4K, expenses of $7K, and assets of $92K (revenue -21.2% year-over-year).
- 2013: Revenue of $6K, expenses of $6K, and assets of $94K (revenue +27.4% year-over-year).
- 2012: Revenue of $4K, expenses of $6K, and assets of $95K (revenue -24.8% year-over-year).
- 2011: Revenue of $6K, expenses of $7K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ihe Camille And Emory Ornelles Foundation 3660153700:
Data Sources and Methodology
This transparency report for Ihe Camille And Emory Ornelles Foundation 3660153700 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.