Louisiana Americana And Folk Society
EIN: 463442170 · Baton Rouge, LA · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $210K |
| Net Assets | $-19,696 |
Is Louisiana Americana And Folk Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Americana And Folk Society
Louisiana Americana And Folk Society (EIN: 463442170) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A68. The organization reported total revenue of $203K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Americana And Folk Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Americana And Folk Society is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $210K |
| Surplus / Deficit | $-10,935 |
| Total Assets | $6K |
| Total Liabilities | $25K |
| Net Assets | $-19,696 |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 453.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2022, Louisiana Americana And Folk Society reported a deficit of $11K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 453.0% (high leverage).
Financial Trends
Over 7 years of filings (2015–2022), Louisiana Americana And Folk Society's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +20.5% | +18.1% | +116.3% |
| 2021 | +56.2% | +42.7% | -55.2% |
| 2020 | -41.3% | -28.5% | -74.5% |
| 2019 | -7.5% | -10.5% | +64.9% |
| 2018 | +225.3% | +225.8% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Americana And Folk Society 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 Americana And Folk Society 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 453.0%.
Frequently Asked Questions about Louisiana Americana And Folk Society
Is Louisiana Americana And Folk Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisiana Americana And Folk Society (EIN: 463442170) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisiana Americana And Folk Society spend its money?
Detailed spending breakdown data is not yet available for Louisiana Americana And Folk Society. Check back for updated IRS 990 analysis.
Are donations to Louisiana Americana And Folk Society tax-deductible?
Louisiana Americana And Folk Society is registered as a tax-exempt nonprofit (EIN: 463442170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Americana And Folk Society located?
Louisiana Americana And Folk Society is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 463442170. It is classified under NTEE code A68.
How many years of IRS 990 filings does Louisiana Americana And Folk Society have?
Louisiana Americana And Folk Society 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 $203K in total revenue.
Filing History
IRS 990 filing history for Louisiana Americana And Folk Society showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2022), Louisiana Americana And Folk Society's revenue has grown by 181%, moving from $71K to $199K. Total assets decreased by 84.5% over the same period, from $36K to $6K. Total functional expenses rose by 193.8%, from $71K to $210K. In its most recent filing year (2022), Louisiana Americana And Folk Society reported a deficit of $11K, with expenses exceeding revenue. The organization holds $25K in liabilities against $6K in assets (debt-to-asset ratio: 453.0%), resulting in net assets of $-19,696.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $199K | $210K | $6K | $25K | — | View 990 |
| 2021 | $165K | $178K | $3K | $16K | — | View 990 |
| 2020 | $106K | $124K | $6K | $7K | — | — |
| 2019 | $180K | $174K | $23K | $5K | — | View 990 |
| 2018 | $195K | $195K | $14K | $2K | — | View 990 |
| 2017 | $60K | $60K | $12K | $46 | — | View 990 |
| 2015 | $71K | $71K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $199K, expenses of $210K, and assets of $6K (revenue +20.5% year-over-year).
- 2021: Revenue of $165K, expenses of $178K, and assets of $3K (revenue +56.2% year-over-year).
- 2020: Revenue of $106K, expenses of $124K, and assets of $6K (revenue -41.3% year-over-year).
- 2019: Revenue of $180K, expenses of $174K, and assets of $23K (revenue -7.5% year-over-year).
- 2018: Revenue of $195K, expenses of $195K, and assets of $14K (revenue +225.3% year-over-year).
- 2017: Revenue of $60K, expenses of $60K, and assets of $12K (revenue -15.5% year-over-year).
- 2015: Revenue of $71K, expenses of $71K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Americana And Folk Society:
Data Sources and Methodology
This transparency report for Louisiana Americana And Folk Society 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.