Lafayette Association Of Patroleum Landmen Inc
EIN: 721069487 · Lafayette, LA
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $55K |
| Net Assets | $138K |
Is Lafayette Association Of Patroleum Landmen Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lafayette Association Of Patroleum Landmen Inc
Lafayette Association Of Patroleum Landmen Inc (EIN: 721069487) is a nonprofit organization based in Lafayette, LA. The organization reported total revenue of $81K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lafayette Association Of Patroleum Landmen Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lafayette Association Of Patroleum Landmen Inc is a micro nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $55K |
| Surplus / Deficit | $-4,700 |
| Total Assets | $138K |
| Net Assets | $138K |
| Operating Margin | -9.4% |
| Months of Reserves | 30.3 months |
Financial Health Grade: B
In 2024, Lafayette Association Of Patroleum Landmen Inc reported a deficit of $5K with expenses exceeding revenue, holds 30.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Lafayette Association Of Patroleum Landmen Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +83.5% | +155.1% | -3.3% |
| 2023 | -7.9% | +30.5% | +4.2% |
| 2022 | +540.0% | +163.9% | +10.6% |
| 2021 | -77.5% | — | -1.3% |
| 2020 | -65.8% | -100.0% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lafayette Association Of Patroleum Landmen 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 Lafayette Association Of Patroleum Landmen 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Lafayette Association Of Patroleum Landmen Inc
Is Lafayette Association Of Patroleum Landmen Inc a legitimate charity?
Lafayette Association Of Patroleum Landmen Inc (EIN: 721069487) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: B.
How does Lafayette Association Of Patroleum Landmen Inc spend its money?
Lafayette Association Of Patroleum Landmen Inc reported $81K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lafayette Association Of Patroleum Landmen Inc tax-deductible?
Lafayette Association Of Patroleum Landmen Inc is registered as a tax-exempt nonprofit (EIN: 721069487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lafayette Association Of Patroleum Landmen Inc located?
Lafayette Association Of Patroleum Landmen Inc is headquartered in Lafayette, Louisiana and files with the IRS under EIN 721069487.
How many years of IRS 990 filings does Lafayette Association Of Patroleum Landmen Inc have?
Lafayette Association Of Patroleum Landmen Inc 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 $81K in total revenue.
Filing History
IRS 990 filing history for Lafayette Association Of Patroleum Landmen Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lafayette Association Of Patroleum Landmen Inc's revenue has declined by 5.7%, moving from $53K to $50K. Total assets increased by 124.6% over the same period, from $62K to $138K. Total functional expenses rose by 24.7%, from $44K to $55K. In its most recent filing year (2024), Lafayette Association Of Patroleum Landmen Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $55K | $138K | $0 | — | — |
| 2023 | $27K | $21K | $143K | $0 | — | View 990 |
| 2022 | $30K | $16K | $137K | $0 | — | — |
| 2021 | $5K | $6K | $124K | $0 | — | View 990 |
| 2020 | $21K | $0 | $126K | $0 | — | — |
| 2019 | $60K | $24K | $130K | $0 | — | View 990 |
| 2018 | $55K | $23K | $94K | $0 | — | View 990 |
| 2017 | $25K | $31K | $62K | $0 | — | View 990 |
| 2016 | $70K | $68K | $68K | $0 | — | View 990 |
| 2015 | $69K | $62K | $65K | $0 | — | View 990 |
| 2014 | $68K | $66K | $58K | $0 | — | View 990 |
| 2013 | $64K | $69K | $57K | $0 | — | View 990 |
| 2012 | $53K | $44K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50K, expenses of $55K, and assets of $138K (revenue +83.5% year-over-year).
- 2023: Revenue of $27K, expenses of $21K, and assets of $143K (revenue -7.9% year-over-year).
- 2022: Revenue of $30K, expenses of $16K, and assets of $137K (revenue +540.0% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $124K (revenue -77.5% year-over-year).
- 2020: Revenue of $21K, expenses of $0, and assets of $126K (revenue -65.8% year-over-year).
- 2019: Revenue of $60K, expenses of $24K, and assets of $130K (revenue +9.8% year-over-year).
- 2018: Revenue of $55K, expenses of $23K, and assets of $94K (revenue +117.1% year-over-year).
- 2017: Revenue of $25K, expenses of $31K, and assets of $62K (revenue -64.1% year-over-year).
- 2016: Revenue of $70K, expenses of $68K, and assets of $68K (revenue +2.2% year-over-year).
- 2015: Revenue of $69K, expenses of $62K, and assets of $65K (revenue +1.7% year-over-year).
- 2014: Revenue of $68K, expenses of $66K, and assets of $58K (revenue +6.1% year-over-year).
- 2013: Revenue of $64K, expenses of $69K, and assets of $57K (revenue +20.1% year-over-year).
- 2012: Revenue of $53K, expenses of $44K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lafayette Association Of Patroleum Landmen Inc:
Data Sources and Methodology
This transparency report for Lafayette Association Of Patroleum Landmen 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.