Lockport Fall Food Festival Inc
EIN: 721359016 · Lockport, LA · NTEE: A12
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $56K |
| Net Assets | $24K |
Is Lockport Fall Food Festival Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lockport Fall Food Festival Inc
Lockport Fall Food Festival Inc (EIN: 721359016) is a nonprofit organization based in Lockport, LA, classified under NTEE code A12. The organization reported total revenue of $143K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lockport Fall Food Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lockport Fall Food Festival Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $56K |
| Surplus / Deficit | +$57 |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | 0.1% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Lockport Fall Food Festival Inc reported a surplus of $57 with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Lockport Fall Food Festival Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.4% | -21.3% | +0.2% |
| 2022 | +111.0% | +16.5% | +32.9% |
| 2021 | +2032.5% | +12000.0% | -56.9% |
| 2020 | -95.8% | -98.7% | +2.9% |
| 2019 | +11.3% | +2.2% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lockport Fall Food Festival 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 Lockport Fall Food Festival 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57, with revenue exceeding expenses.
Frequently Asked Questions about Lockport Fall Food Festival Inc
Is Lockport Fall Food Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lockport Fall Food Festival Inc (EIN: 721359016) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lockport Fall Food Festival Inc spend its money?
Detailed spending breakdown data is not yet available for Lockport Fall Food Festival Inc. Check back for updated IRS 990 analysis.
Are donations to Lockport Fall Food Festival Inc tax-deductible?
Lockport Fall Food Festival Inc is registered as a tax-exempt nonprofit (EIN: 721359016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lockport Fall Food Festival Inc located?
Lockport Fall Food Festival Inc is headquartered in Lockport, Louisiana and files with the IRS under EIN 721359016. It is classified under NTEE code A12.
How many years of IRS 990 filings does Lockport Fall Food Festival Inc have?
Lockport Fall Food Festival 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 $143K in total revenue.
Filing History
IRS 990 filing history for Lockport Fall Food Festival Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lockport Fall Food Festival Inc's revenue has grown by 0.9%, moving from $55K to $56K. Total assets decreased by 46.3% over the same period, from $45K to $24K. Total functional expenses rose by 7.5%, from $52K to $56K. In its most recent filing year (2023), Lockport Fall Food Festival Inc reported a surplus of $57, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $56K | $24K | $0 | — | — |
| 2022 | $77K | $71K | $24K | $0 | — | View 990 |
| 2021 | $36K | $61K | $18K | $0 | — | — |
| 2020 | $2K | $500 | $43K | $0 | — | View 990 |
| 2019 | $40K | $39K | $41K | $0 | — | View 990 |
| 2018 | $36K | $39K | $40K | $0 | — | View 990 |
| 2017 | $27K | $29K | $43K | $0 | — | View 990 |
| 2016 | $31K | $39K | $45K | $0 | — | View 990 |
| 2015 | $34K | $41K | $52K | $0 | — | View 990 |
| 2014 | $58K | $46K | $59K | $0 | — | View 990 |
| 2013 | $49K | $46K | $46K | $0 | — | View 990 |
| 2012 | $49K | $52K | $43K | $0 | — | View 990 |
| 2011 | $55K | $52K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $56K, and assets of $24K (revenue -27.4% year-over-year).
- 2022: Revenue of $77K, expenses of $71K, and assets of $24K (revenue +111.0% year-over-year).
- 2021: Revenue of $36K, expenses of $61K, and assets of $18K (revenue +2032.5% year-over-year).
- 2020: Revenue of $2K, expenses of $500, and assets of $43K (revenue -95.8% year-over-year).
- 2019: Revenue of $40K, expenses of $39K, and assets of $41K (revenue +11.3% year-over-year).
- 2018: Revenue of $36K, expenses of $39K, and assets of $40K (revenue +33.9% year-over-year).
- 2017: Revenue of $27K, expenses of $29K, and assets of $43K (revenue -13.6% year-over-year).
- 2016: Revenue of $31K, expenses of $39K, and assets of $45K (revenue -8.9% year-over-year).
- 2015: Revenue of $34K, expenses of $41K, and assets of $52K (revenue -41.0% year-over-year).
- 2014: Revenue of $58K, expenses of $46K, and assets of $59K (revenue +18.3% year-over-year).
- 2013: Revenue of $49K, expenses of $46K, and assets of $46K (revenue +1.0% year-over-year).
- 2012: Revenue of $49K, expenses of $52K, and assets of $43K (revenue -11.4% year-over-year).
- 2011: Revenue of $55K, expenses of $52K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lockport Fall Food Festival Inc:
Data Sources and Methodology
This transparency report for Lockport Fall Food Festival 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.