La Crosse Promise Inc
EIN: 455610547 · La Crosse, WI · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $662K |
| Total Expenses | $267K |
| Net Assets | $1.9M |
Is La Crosse Promise Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About La Crosse Promise Inc
La Crosse Promise Inc (EIN: 455610547) is a nonprofit organization based in La Crosse, WI, classified under NTEE code B82. The organization reported total revenue of $662K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Crosse Promise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Crosse Promise Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $267K |
| Surplus / Deficit | $-146,781 |
| Total Assets | $1.9M |
| Total Liabilities | $11K |
| Net Assets | $1.9M |
| Operating Margin | -121.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 86.5 months |
Financial Health Grade: B
In 2023, La Crosse Promise Inc reported a deficit of $147K with expenses exceeding revenue, holds 86.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), La Crosse Promise Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.9% | +24.9% | -2.3% |
| 2022 | +6.9% | +3.8% | -12.8% |
| 2021 | +8.9% | -15.5% | +24.2% |
| 2020 | -32.1% | -7.8% | -0.4% |
| 2019 | -4.5% | +7.3% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for La Crosse Promise 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 La Crosse Promise 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 $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about La Crosse Promise Inc
Is La Crosse Promise Inc a legitimate charity?
La Crosse Promise Inc (EIN: 455610547) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $662K. No red flags identified. Financial health grade: B.
How does La Crosse Promise Inc spend its money?
La Crosse Promise Inc reported $662K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to La Crosse Promise Inc tax-deductible?
La Crosse Promise Inc is registered as a tax-exempt nonprofit (EIN: 455610547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Crosse Promise Inc located?
La Crosse Promise Inc is headquartered in La Crosse, Wisconsin and files with the IRS under EIN 455610547. It is classified under NTEE code B82.
How many years of IRS 990 filings does La Crosse Promise Inc have?
La Crosse Promise Inc has 11 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 $662K in total revenue.
Filing History
IRS 990 filing history for La Crosse Promise Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), La Crosse Promise Inc's revenue has declined by 55.4%, moving from $270K to $120K. Total assets increased by 4152.2% over the same period, from $45K to $1.9M. Total functional expenses rose by 16.8%, from $229K to $267K. In its most recent filing year (2023), La Crosse Promise Inc reported a deficit of $147K, with expenses exceeding revenue. The organization holds $11K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $267K | $1.9M | $11K | — | — |
| 2022 | $293K | $214K | $2.0M | $4K | — | View 990 |
| 2021 | $274K | $206K | $2.3M | $15K | — | — |
| 2020 | $252K | $244K | $1.8M | $13K | — | — |
| 2019 | $371K | $264K | $1.8M | $12K | — | View 990 |
| 2018 | $388K | $247K | $1.8M | $14K | — | View 990 |
| 2017 | $249K | $291K | $1.6M | $15K | — | View 990 |
| 2016 | $227K | $294K | $1.6M | $39K | — | View 990 |
| 2015 | $1.5M | $273K | $1.6M | $40K | — | View 990 |
| 2014 | $34K | $240K | $386K | $42K | — | View 990 |
| 2013 | $270K | $229K | $45K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $267K, and assets of $1.9M (revenue -58.9% year-over-year).
- 2022: Revenue of $293K, expenses of $214K, and assets of $2.0M (revenue +6.9% year-over-year).
- 2021: Revenue of $274K, expenses of $206K, and assets of $2.3M (revenue +8.9% year-over-year).
- 2020: Revenue of $252K, expenses of $244K, and assets of $1.8M (revenue -32.1% year-over-year).
- 2019: Revenue of $371K, expenses of $264K, and assets of $1.8M (revenue -4.5% year-over-year).
- 2018: Revenue of $388K, expenses of $247K, and assets of $1.8M (revenue +56.1% year-over-year).
- 2017: Revenue of $249K, expenses of $291K, and assets of $1.6M (revenue +9.7% year-over-year).
- 2016: Revenue of $227K, expenses of $294K, and assets of $1.6M (revenue -85.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $273K, and assets of $1.6M (revenue +4344.3% year-over-year).
- 2014: Revenue of $34K, expenses of $240K, and assets of $386K (revenue -87.2% year-over-year).
- 2013: Revenue of $270K, expenses of $229K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Crosse Promise Inc:
Data Sources and Methodology
This transparency report for La Crosse Promise 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.