Lockport Carnival Club
EIN: 721107557 · Lockport, LA
| Metric | Value |
|---|---|
| Total Revenue | $168K |
| Total Expenses | $96K |
| Net Assets | $450K |
Is Lockport Carnival Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lockport Carnival Club
Lockport Carnival Club (EIN: 721107557) is a nonprofit organization based in Lockport, LA. The organization reported total revenue of $168K and total assets of $450K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lockport Carnival Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lockport Carnival Club is a small nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $96K |
| Surplus / Deficit | +$72K |
| Total Assets | $450K |
| Net Assets | $450K |
| Operating Margin | 42.8% |
| Months of Reserves | 56.0 months |
Financial Health Grade: A
In 2023, Lockport Carnival Club reported a surplus of $72K with revenue exceeding expenses, holds 56.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Lockport Carnival Club's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +588.9% | — | +140.2% |
| 2021 | +19.6% | -100.0% | +7.9% |
| 2020 | -59.4% | -28.5% | +11.5% |
| 2018 | -100.0% | -100.0% | -31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lockport Carnival 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 Lockport Carnival 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 $72K, with revenue exceeding expenses.
Frequently Asked Questions about Lockport Carnival Club
Is Lockport Carnival Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lockport Carnival Club (EIN: 721107557) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lockport Carnival Club spend its money?
Detailed spending breakdown data is not yet available for Lockport Carnival Club. Check back for updated IRS 990 analysis.
Are donations to Lockport Carnival Club tax-deductible?
Lockport Carnival Club is registered as a tax-exempt nonprofit (EIN: 721107557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lockport Carnival Club located?
Lockport Carnival Club is headquartered in Lockport, Louisiana and files with the IRS under EIN 721107557.
How many years of IRS 990 filings does Lockport Carnival Club have?
Lockport Carnival Club 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 $168K in total revenue.
Filing History
IRS 990 filing history for Lockport Carnival Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Lockport Carnival Club's revenue has grown by 540.1%, moving from $26K to $168K. Total assets increased by 144.1% over the same period, from $184K to $450K. Total functional expenses rose by 231.9%, from $29K to $96K. In its most recent filing year (2023), Lockport Carnival Club reported a surplus of $72K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $96K | $450K | $0 | — | View 990 |
| 2021 | $24K | $0 | $187K | $0 | — | — |
| 2020 | $20K | $27K | $173K | $0 | — | — |
| 2019 | $50K | $38K | $156K | $0 | — | View 990 |
| 2018 | $0 | $0 | $161K | $0 | — | View 990 |
| 2017 | $54K | $37K | $234K | $0 | — | — |
| 2016 | $63K | $17K | $268K | $0 | — | View 990 |
| 2015 | $27K | $15K | $222K | $0 | — | View 990 |
| 2014 | $38K | $27K | $209K | $0 | — | View 990 |
| 2013 | $32K | $18K | $198K | $0 | — | View 990 |
| 2012 | $26K | $29K | $184K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $96K, and assets of $450K (revenue +588.9% year-over-year).
- 2021: Revenue of $24K, expenses of $0, and assets of $187K (revenue +19.6% year-over-year).
- 2020: Revenue of $20K, expenses of $27K, and assets of $173K (revenue -59.4% year-over-year).
- 2019: Revenue of $50K, expenses of $38K, and assets of $156K.
- 2018: Revenue of $0, expenses of $0, and assets of $161K (revenue -100.0% year-over-year).
- 2017: Revenue of $54K, expenses of $37K, and assets of $234K (revenue -13.9% year-over-year).
- 2016: Revenue of $63K, expenses of $17K, and assets of $268K (revenue +130.6% year-over-year).
- 2015: Revenue of $27K, expenses of $15K, and assets of $222K (revenue -27.2% year-over-year).
- 2014: Revenue of $38K, expenses of $27K, and assets of $209K (revenue +16.7% year-over-year).
- 2013: Revenue of $32K, expenses of $18K, and assets of $198K (revenue +22.8% year-over-year).
- 2012: Revenue of $26K, expenses of $29K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lockport Carnival Club:
Data Sources and Methodology
This transparency report for Lockport Carnival 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.