Louisiana Alpha House Scholarship Foundation
EIN: 821389355 · Metairie, LA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $41K |
| Net Assets | $638K |
Is Louisiana Alpha House Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Alpha House Scholarship Foundation
Louisiana Alpha House Scholarship Foundation (EIN: 821389355) is a nonprofit organization based in Metairie, LA, classified under NTEE code T22. The organization reported total revenue of $122K and total assets of $599K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Alpha House Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Alpha House Scholarship Foundation is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of -33.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $41K |
| Surplus / Deficit | $-33,185 |
| Total Assets | $638K |
| Total Liabilities | $1 |
| Net Assets | $638K |
| Operating Margin | -402.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.8 months |
Financial Health Grade: B
In 2022, Louisiana Alpha House Scholarship Foundation reported a deficit of $33K with expenses exceeding revenue, holds 184.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2022), Louisiana Alpha House Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -33.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -91.4% | +6.3% | -4.9% |
| 2021 | +199.9% | +21.5% | +9.2% |
| 2020 | +12.0% | -9.6% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Alpha House Scholarship 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 Louisiana Alpha House Scholarship 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Louisiana Alpha House Scholarship Foundation
Is Louisiana Alpha House Scholarship Foundation a legitimate charity?
Louisiana Alpha House Scholarship Foundation (EIN: 821389355) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. Total revenue: $122K. No red flags identified. Financial health grade: B.
How does Louisiana Alpha House Scholarship Foundation spend its money?
Louisiana Alpha House Scholarship Foundation reported $122K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Alpha House Scholarship Foundation tax-deductible?
Louisiana Alpha House Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 821389355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Alpha House Scholarship Foundation located?
Louisiana Alpha House Scholarship Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 821389355. It is classified under NTEE code T22.
How many years of IRS 990 filings does Louisiana Alpha House Scholarship Foundation have?
Louisiana Alpha House Scholarship Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $122K in total revenue.
Filing History
IRS 990 filing history for Louisiana Alpha House Scholarship Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Louisiana Alpha House Scholarship Foundation's revenue has declined by 71%, moving from $28K to $8K. Total assets increased by 3.8% over the same period, from $615K to $638K. Total functional expenses rose by 16.7%, from $35K to $41K. In its most recent filing year (2022), Louisiana Alpha House Scholarship Foundation reported a deficit of $33K, with expenses exceeding revenue. The organization holds $1 in liabilities against $638K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $638K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $8K | $41K | $638K | $1 | — | — |
| 2021 | $96K | $39K | $671K | $1 | — | — |
| 2020 | $32K | $32K | $615K | $1 | — | — |
| 2019 | $28K | $35K | $615K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $8K, expenses of $41K, and assets of $638K (revenue -91.4% year-over-year).
- 2021: Revenue of $96K, expenses of $39K, and assets of $671K (revenue +199.9% year-over-year).
- 2020: Revenue of $32K, expenses of $32K, and assets of $615K (revenue +12.0% year-over-year).
- 2019: Revenue of $28K, expenses of $35K, and assets of $615K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Alpha House Scholarship Foundation:
Data Sources and Methodology
This transparency report for Louisiana Alpha House Scholarship 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.