Louie Davis Foundation
EIN: 471673475 · Shreveport, LA · NTEE: H99
| Metric | Value |
|---|---|
| Total Revenue | $743K |
| Total Expenses | $324K |
| Net Assets | $4.1M |
Is Louie Davis Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louie Davis Foundation
Louie Davis Foundation (EIN: 471673475) is a nonprofit organization based in Shreveport, LA, classified under NTEE code H99. The organization reported total revenue of $743K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louie Davis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louie Davis Foundation is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 268.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $324K |
| Surplus / Deficit | $-198,756 |
| Total Assets | $4.1M |
| Total Liabilities | $213 |
| Net Assets | $4.1M |
| Operating Margin | -158.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 152.6 months |
Financial Health Grade: B
In 2023, Louie Davis Foundation reported a deficit of $199K with expenses exceeding revenue, holds 152.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Louie Davis Foundation's revenue has grown at a compound annual growth rate (CAGR) of 268.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | -10.3% | -5.0% |
| 2022 | -96.1% | +30.5% | -4.9% |
| 2021 | +117.1% | -7.6% | +228.6% |
| 2020 | +1490.2% | +144.7% | +1304.2% |
| 2019 | +9999900.0% | — | +9892900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louie Davis Foundation 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 Louie Davis Foundation 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 deficit of $199K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Louie Davis Foundation
Is Louie Davis Foundation a legitimate charity?
Louie Davis Foundation (EIN: 471673475) is a registered tax-exempt nonprofit based in Louisiana. It has 7 years of IRS 990 filings on record. Total revenue: $743K. No red flags identified. Financial health grade: B.
How does Louie Davis Foundation spend its money?
Louie Davis Foundation reported $743K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louie Davis Foundation tax-deductible?
Louie Davis Foundation is registered as a tax-exempt nonprofit (EIN: 471673475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louie Davis Foundation located?
Louie Davis Foundation is headquartered in Shreveport, Louisiana and files with the IRS under EIN 471673475. It is classified under NTEE code H99.
How many years of IRS 990 filings does Louie Davis Foundation have?
Louie Davis Foundation has 7 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 $743K in total revenue.
Filing History
IRS 990 filing history for Louie Davis Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Louie Davis Foundation's revenue has grown by 12557800%, moving from $1 to $126K. Total assets increased by 412376100% over the same period, from $1 to $4.1M. In its most recent filing year (2023), Louie Davis Foundation reported a deficit of $199K, with expenses exceeding revenue. The organization holds $213 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $324K | $4.1M | $213 | — | View 990 |
| 2022 | $136K | $362K | $4.3M | $1 | — | View 990 |
| 2021 | $3.5M | $277K | $4.6M | $1 | — | View 990 |
| 2020 | $1.6M | $300K | $1.4M | $1 | — | View 990 |
| 2019 | $100K | $123K | $99K | $0 | — | View 990 |
| 2015 | $1 | $0 | $1 | $0 | — | View 990 |
| 2014 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $324K, and assets of $4.1M (revenue -7.8% year-over-year).
- 2022: Revenue of $136K, expenses of $362K, and assets of $4.3M (revenue -96.1% year-over-year).
- 2021: Revenue of $3.5M, expenses of $277K, and assets of $4.6M (revenue +117.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $300K, and assets of $1.4M (revenue +1490.2% year-over-year).
- 2019: Revenue of $100K, expenses of $123K, and assets of $99K (revenue +9999900.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louie Davis Foundation:
Data Sources and Methodology
This transparency report for Louie Davis Foundation 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.