Le Petit Salon Club
EIN: 720239201 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $69K |
| Net Assets | $542K |
Is Le Petit Salon Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Le Petit Salon Club
Le Petit Salon Club (EIN: 720239201) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $221K and total assets of $610K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Le Petit Salon Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Le Petit Salon Club is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $69K |
| Surplus / Deficit | +$3K |
| Total Assets | $566K |
| Total Liabilities | $24K |
| Net Assets | $542K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 97.9 months |
Financial Health Grade: A
In 2023, Le Petit Salon Club reported a surplus of $3K with revenue exceeding expenses, holds 97.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Le Petit Salon Club's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -211.3% | -25.6% | +28.4% |
| 2021 | +32.9% | -2.4% | +0.4% |
| 2020 | +125.1% | -1.8% | -1.8% |
| 2019 | -71.7% | -5.8% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Le Petit Salon Club 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 Le Petit Salon Club 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Le Petit Salon Club
Is Le Petit Salon Club a legitimate charity?
Le Petit Salon Club (EIN: 720239201) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $221K. No red flags identified. Financial health grade: A.
How does Le Petit Salon Club spend its money?
Le Petit Salon Club reported $221K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Le Petit Salon Club tax-deductible?
Le Petit Salon Club is registered as a tax-exempt nonprofit (EIN: 720239201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Le Petit Salon Club located?
Le Petit Salon Club is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720239201.
How many years of IRS 990 filings does Le Petit Salon Club have?
Le Petit Salon Club has 12 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 $221K in total revenue.
Filing History
IRS 990 filing history for Le Petit Salon Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Le Petit Salon Club's revenue has declined by 2.1%, moving from $74K to $73K. Total assets increased by 15.2% over the same period, from $491K to $566K. Total functional expenses rose by 9.1%, from $64K to $69K. In its most recent filing year (2023), Le Petit Salon Club reported a surplus of $3K, with revenue exceeding expenses. The organization holds $24K in liabilities against $566K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $542K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $69K | $566K | $24K | — | — |
| 2022 | $-76,073 | $42K | $682K | $269K | — | View 990 |
| 2021 | $68K | $57K | $531K | $207 | — | — |
| 2020 | $51K | $58K | $529K | $207 | — | View 990 |
| 2019 | $23K | $59K | $539K | $207 | — | View 990 |
| 2018 | $81K | $63K | $575K | $207 | — | — |
| 2017 | $53K | $67K | $557K | $207 | — | View 990 |
| 2016 | $31K | $86K | $571K | $191 | — | View 990 |
| 2015 | $116K | $85K | $626K | $198 | — | View 990 |
| 2014 | $158K | $99K | $595K | $228 | — | — |
| 2013 | $227K | $70K | $534K | $342 | — | — |
| 2012 | $74K | $64K | $491K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $69K, and assets of $566K.
- 2022: Revenue of $-76,073, expenses of $42K, and assets of $682K (revenue -211.3% year-over-year).
- 2021: Revenue of $68K, expenses of $57K, and assets of $531K (revenue +32.9% year-over-year).
- 2020: Revenue of $51K, expenses of $58K, and assets of $529K (revenue +125.1% year-over-year).
- 2019: Revenue of $23K, expenses of $59K, and assets of $539K (revenue -71.7% year-over-year).
- 2018: Revenue of $81K, expenses of $63K, and assets of $575K (revenue +52.7% year-over-year).
- 2017: Revenue of $53K, expenses of $67K, and assets of $557K (revenue +67.8% year-over-year).
- 2016: Revenue of $31K, expenses of $86K, and assets of $571K (revenue -72.9% year-over-year).
- 2015: Revenue of $116K, expenses of $85K, and assets of $626K (revenue -26.3% year-over-year).
- 2014: Revenue of $158K, expenses of $99K, and assets of $595K (revenue -30.6% year-over-year).
- 2013: Revenue of $227K, expenses of $70K, and assets of $534K (revenue +206.9% year-over-year).
- 2012: Revenue of $74K, expenses of $64K, and assets of $491K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Le Petit Salon Club:
Data Sources and Methodology
This transparency report for Le Petit Salon Club 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.