Ladies For Purple Scholars Foundation
EIN: 275568961 · New Orleans, LA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $27K |
| Net Assets | $103K |
Is Ladies For Purple Scholars Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ladies For Purple Scholars Foundation
Ladies For Purple Scholars Foundation (EIN: 275568961) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B82. The organization reported total revenue of $122K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ladies For Purple Scholars Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ladies For Purple Scholars Foundation is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 65.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $27K |
| Surplus / Deficit | +$20K |
| Total Assets | $103K |
| Net Assets | $103K |
| Operating Margin | 42.1% |
| Months of Reserves | 45.4 months |
Financial Health Grade: A
In 2023, Ladies For Purple Scholars Foundation reported a surplus of $20K with revenue exceeding expenses, holds 45.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2018–2023), Ladies For Purple Scholars Foundation's revenue has grown at a compound annual growth rate (CAGR) of 65.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | -12.4% | +23.8% |
| 2022 | +1097.0% | +183.7% | +228.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ladies For Purple Scholars Foundation 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 Ladies For Purple Scholars Foundation 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 $20K, with revenue exceeding expenses.
Frequently Asked Questions about Ladies For Purple Scholars Foundation
Is Ladies For Purple Scholars Foundation a legitimate charity?
Ladies For Purple Scholars Foundation (EIN: 275568961) is a registered tax-exempt nonprofit based in Louisiana. It has 3 years of IRS 990 filings on record. Total revenue: $122K. No red flags identified. Financial health grade: A.
How does Ladies For Purple Scholars Foundation spend its money?
Ladies For Purple Scholars Foundation reported $122K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ladies For Purple Scholars Foundation tax-deductible?
Ladies For Purple Scholars Foundation is registered as a tax-exempt nonprofit (EIN: 275568961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ladies For Purple Scholars Foundation located?
Ladies For Purple Scholars Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 275568961. It is classified under NTEE code B82.
How many years of IRS 990 filings does Ladies For Purple Scholars Foundation have?
Ladies For Purple Scholars Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $122K in total revenue.
Filing History
IRS 990 filing history for Ladies For Purple Scholars Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2023), Ladies For Purple Scholars Foundation's revenue has grown by 1128.5%, moving from $4K to $47K. Total assets increased by 307.1% over the same period, from $25K to $103K. Total functional expenses rose by 148.4%, from $11K to $27K. In its most recent filing year (2023), Ladies For Purple Scholars Foundation reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $27K | $103K | $0 | — | — |
| 2022 | $46K | $31K | $84K | $0 | — | — |
| 2018 | $4K | $11K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $27K, and assets of $103K (revenue +2.6% year-over-year).
- 2022: Revenue of $46K, expenses of $31K, and assets of $84K (revenue +1097.0% year-over-year).
- 2018: Revenue of $4K, expenses of $11K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ladies For Purple Scholars Foundation:
Data Sources and Methodology
This transparency report for Ladies For Purple Scholars Foundation 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.