La Moure Community Development Corp
EIN: 450308878 · Lamoure, ND
| Metric | Value |
|---|---|
| Total Revenue | $196K |
| Total Expenses | $79K |
| Net Assets | $631K |
Is La Moure Community Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About La Moure Community Development Corp
La Moure Community Development Corp (EIN: 450308878) is a nonprofit organization based in Lamoure, ND. The organization reported total revenue of $196K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Moure Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Moure Community Development Corp is a small nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $79K |
| Surplus / Deficit | +$49K |
| Total Assets | $1.0M |
| Total Liabilities | $400K |
| Net Assets | $631K |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 38.8% |
| Months of Reserves | 156.3 months |
Financial Health Grade: A
In 2023, La Moure Community Development Corp reported a surplus of $49K with revenue exceeding expenses, holds 156.3 months of operating reserves (strong position), has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), La Moure Community Development Corp's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | -22.3% | -1.0% |
| 2022 | -6.7% | -37.1% | +7.8% |
| 2021 | +46.9% | +90.8% | +18.3% |
| 2020 | -0.1% | -6.8% | +29.6% |
| 2019 | +80.1% | +79.6% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for La Moure Community Development Corp 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 Moure Community Development Corp 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 $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.8%.
Frequently Asked Questions about La Moure Community Development Corp
Is La Moure Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, La Moure Community Development Corp (EIN: 450308878) insufficient data. 0 red flags identified, 0 strengths noted.
How does La Moure Community Development Corp spend its money?
Detailed spending breakdown data is not yet available for La Moure Community Development Corp. Check back for updated IRS 990 analysis.
Are donations to La Moure Community Development Corp tax-deductible?
La Moure Community Development Corp is registered as a tax-exempt nonprofit (EIN: 450308878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Moure Community Development Corp located?
La Moure Community Development Corp is headquartered in Lamoure, North Dakota and files with the IRS under EIN 450308878.
How many years of IRS 990 filings does La Moure Community Development Corp have?
La Moure Community Development Corp has 13 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 $196K in total revenue.
Filing History
IRS 990 filing history for La Moure Community Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), La Moure Community Development Corp's revenue has declined by 12.6%, moving from $146K to $128K. Total assets increased by 123.9% over the same period, from $461K to $1.0M. Total functional expenses fell by 64.5%, from $223K to $79K. In its most recent filing year (2023), La Moure Community Development Corp reported a surplus of $49K, with revenue exceeding expenses. The organization holds $400K in liabilities against $1.0M in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $631K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $79K | $1.0M | $400K | — | View 990 |
| 2022 | $139K | $102K | $1.0M | $459K | — | View 990 |
| 2021 | $149K | $162K | $966K | $482K | — | View 990 |
| 2020 | $101K | $85K | $817K | $320K | — | — |
| 2019 | $102K | $91K | $630K | $150K | — | View 990 |
| 2018 | $56K | $51K | $650K | $180K | — | View 990 |
| 2017 | $115K | $102K | $674K | $210K | — | View 990 |
| 2016 | $132K | $77K | $692K | $240K | — | View 990 |
| 2015 | $116K | $132K | $666K | $270K | — | View 990 |
| 2014 | $115K | $441K | $715K | $302K | — | View 990 |
| 2013 | $312K | $37K | $743K | $6K | — | View 990 |
| 2012 | $149K | $182K | $512K | $99K | — | View 990 |
| 2011 | $146K | $223K | $461K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $79K, and assets of $1.0M (revenue -8.2% year-over-year).
- 2022: Revenue of $139K, expenses of $102K, and assets of $1.0M (revenue -6.7% year-over-year).
- 2021: Revenue of $149K, expenses of $162K, and assets of $966K (revenue +46.9% year-over-year).
- 2020: Revenue of $101K, expenses of $85K, and assets of $817K (revenue -0.1% year-over-year).
- 2019: Revenue of $102K, expenses of $91K, and assets of $630K (revenue +80.1% year-over-year).
- 2018: Revenue of $56K, expenses of $51K, and assets of $650K (revenue -50.9% year-over-year).
- 2017: Revenue of $115K, expenses of $102K, and assets of $674K (revenue -13.2% year-over-year).
- 2016: Revenue of $132K, expenses of $77K, and assets of $692K (revenue +14.0% year-over-year).
- 2015: Revenue of $116K, expenses of $132K, and assets of $666K (revenue +1.1% year-over-year).
- 2014: Revenue of $115K, expenses of $441K, and assets of $715K (revenue -63.2% year-over-year).
- 2013: Revenue of $312K, expenses of $37K, and assets of $743K (revenue +109.3% year-over-year).
- 2012: Revenue of $149K, expenses of $182K, and assets of $512K (revenue +1.9% year-over-year).
- 2011: Revenue of $146K, expenses of $223K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Moure Community Development Corp:
Data Sources and Methodology
This transparency report for La Moure Community Development Corp 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.