Loranger Wolfpack Basketball Boosters
EIN: 862558594 · Independence, LA · NTEE: N62
Is Loranger Wolfpack Basketball Boosters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loranger Wolfpack Basketball Boosters
Loranger Wolfpack Basketball Boosters (EIN: 862558594) is a nonprofit organization based in Independence, LA, classified under NTEE code N62. The organization reported total revenue of $9K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loranger Wolfpack Basketball Boosters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Loranger Wolfpack Basketball Boosters 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 Loranger Wolfpack Basketball Boosters 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.
Frequently Asked Questions about Loranger Wolfpack Basketball Boosters
Is Loranger Wolfpack Basketball Boosters a legitimate charity?
Based on AI analysis of IRS 990 filings, Loranger Wolfpack Basketball Boosters (EIN: 862558594) insufficient data. 0 red flags identified, 0 strengths noted.
How does Loranger Wolfpack Basketball Boosters spend its money?
Detailed spending breakdown data is not yet available for Loranger Wolfpack Basketball Boosters. Check back for updated IRS 990 analysis.
Are donations to Loranger Wolfpack Basketball Boosters tax-deductible?
Loranger Wolfpack Basketball Boosters is registered as a tax-exempt nonprofit (EIN: 862558594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Loranger Wolfpack Basketball Boosters showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Loranger Wolfpack Basketball Boosters's revenue has grown by 3311%, moving from $200 to $7K. Total assets decreased by 76.8% over the same period, from $177 to $41. Total functional expenses rose by 33526.1%, from $23 to $8K. In its most recent filing year (2023), Loranger Wolfpack Basketball Boosters reported a deficit of $912, with expenses exceeding revenue. The organization holds $1 in liabilities against $41 in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $40.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $8K | $41 | $1 | — | — |
| 2022 | $1K | $524 | $953 | $1 | — | — |
| 2021 | $200 | $23 | $177 | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $8K, and assets of $41 (revenue +424.8% year-over-year).
- 2022: Revenue of $1K, expenses of $524, and assets of $953 (revenue +550.0% year-over-year).
- 2021: Revenue of $200, expenses of $23, and assets of $177.
Data Sources and Methodology
This transparency report for Loranger Wolfpack Basketball Boosters 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.