Lou Home Inc
Lou Home Inc. consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 134349811 · Oxford, MS · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $43K |
| Program Spending | 75% |
| Net Assets | $94K |
| Transparency Score | 60/100 |
Is Lou Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lou Home Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lou Home Inc
Lou Home Inc (EIN: 134349811) is a nonprofit organization based in Oxford, MS, classified under NTEE code L20. The organization reported total revenue of $10K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lou Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lou Home Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $43K |
| Surplus / Deficit | $-23,738 |
| Total Assets | $96K |
| Total Liabilities | $1K |
| Net Assets | $94K |
| Operating Margin | -121.6% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2023, Lou Home Inc reported a deficit of $24K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lou Home Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.1% | -39.5% | -14.0% |
| 2022 | +28.9% | +6.2% | -25.9% |
| 2021 | -68.9% | +265.5% | -19.4% |
| 2020 | +529.4% | +12.8% | +70.1% |
| 2019 | -64.2% | +7.7% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lou Home Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Lou Home Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Lou Home Inc. reports 0% officer compensation across all available filings, indicating that no organizational funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lou Home Inc's IRS 990 filings:
- Consistent operational deficits (e.g., 2023 expenses $43,265 vs. revenue $19,527)
- Declining asset base over recent years (from $185,936 in 2020 to $95,514 in 2023)
- Lack of detailed expense breakdown in provided data
Strengths
The following positive indicators were identified for Lou Home Inc:
- No officer compensation reported across all filings (0% officer comp)
- Low liabilities relative to assets (e.g., $1,384 liabilities vs. $95,514 assets in 2023)
Frequently Asked Questions about Lou Home Inc
Is Lou Home Inc a legitimate charity?
Lou Home Inc (EIN: 134349811) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $10K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Lou Home Inc spend its money?
Lou Home Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Lou Home Inc tax-deductible?
Lou Home Inc is registered as a tax-exempt nonprofit (EIN: 134349811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lou Home Inc's spending goes to programs?
Lou Home Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lou Home Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Lou Home Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lou Home Inc located?
Lou Home Inc is headquartered in Oxford, Mississippi and files with the IRS under EIN 134349811. It is classified under NTEE code L20.
How many years of IRS 990 filings does Lou Home Inc have?
Lou Home 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 $10K in total revenue.
How does Lou Home Inc. plan to address its recurring operational deficits?
The provided data shows consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $43,265 expenses vs. $19,527 revenue in 2023). The organization would need to outline strategies for increasing revenue or reducing expenses to achieve financial sustainability.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency beyond the overall deficit.
What is the long-term impact of declining assets on the organization's mission?
Assets have decreased from $185,936 in 2020 to $95,514 in 2023. A continued decline in assets could limit the organization's capacity for future projects, absorb unexpected costs, or sustain operations during lean periods, potentially hindering its mission fulfillment.
Filing History
IRS 990 filing history for Lou Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lou Home Inc's revenue has declined by 94.8%, moving from $375K to $20K. Total assets decreased by 40.1% over the same period, from $160K to $96K. Total functional expenses fell by 44.2%, from $77K to $43K. In its most recent filing year (2023), Lou Home Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1K in liabilities against $96K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $43K | $96K | $1K | — | View 990 |
| 2022 | $38K | $72K | $111K | $1K | — | — |
| 2021 | $29K | $67K | $150K | $1K | — | View 990 |
| 2020 | $94K | $18K | $186K | $1K | — | View 990 |
| 2019 | $15K | $16K | $109K | $0 | — | View 990 |
| 2018 | $42K | $15K | $111K | $0 | — | View 990 |
| 2017 | $10K | $10K | $84K | $0 | — | — |
| 2016 | $981 | $9K | $84K | $0 | — | View 990 |
| 2015 | $5K | $6K | $91K | $0 | — | View 990 |
| 2014 | $10K | $16K | $93K | $0 | — | View 990 |
| 2013 | $64K | $117K | $99K | $0 | — | View 990 |
| 2012 | $199K | $115K | $348K | $197K | — | View 990 |
| 2011 | $375K | $77K | $160K | $92K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $43K, and assets of $96K (revenue -48.1% year-over-year).
- 2022: Revenue of $38K, expenses of $72K, and assets of $111K (revenue +28.9% year-over-year).
- 2021: Revenue of $29K, expenses of $67K, and assets of $150K (revenue -68.9% year-over-year).
- 2020: Revenue of $94K, expenses of $18K, and assets of $186K (revenue +529.4% year-over-year).
- 2019: Revenue of $15K, expenses of $16K, and assets of $109K (revenue -64.2% year-over-year).
- 2018: Revenue of $42K, expenses of $15K, and assets of $111K (revenue +300.0% year-over-year).
- 2017: Revenue of $10K, expenses of $10K, and assets of $84K (revenue +962.0% year-over-year).
- 2016: Revenue of $981, expenses of $9K, and assets of $84K (revenue -80.2% year-over-year).
- 2015: Revenue of $5K, expenses of $6K, and assets of $91K (revenue -47.9% year-over-year).
- 2014: Revenue of $10K, expenses of $16K, and assets of $93K (revenue -85.2% year-over-year).
- 2013: Revenue of $64K, expenses of $117K, and assets of $99K (revenue -67.8% year-over-year).
- 2012: Revenue of $199K, expenses of $115K, and assets of $348K (revenue -46.9% year-over-year).
- 2011: Revenue of $375K, expenses of $77K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lou Home Inc:
Data Sources and Methodology
This transparency report for Lou Home 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.