Louisiana Business Incubator Association Incorporated
Louisiana Business Incubator Association maintains stable operations with no officer compensation.
EIN: 202249722 · Baton Rouge, LA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $104K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $95,938, |
| Net Assets | $62K |
| Transparency Score | 88/100 |
Is Louisiana Business Incubator Association Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louisiana Business Incubator Association Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louisiana Business Incubator Association Incorporated
Louisiana Business Incubator Association Incorporated (EIN: 202249722) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code S41. The organization reported total revenue of $203K and total assets of $243K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Business Incubator Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Business Incubator Association Incorporated is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $104K |
| Surplus / Deficit | $-8,166 |
| Total Assets | $144K |
| Total Liabilities | $82K |
| Net Assets | $62K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 57.1% |
| Months of Reserves | 16.7 months |
Financial Health Grade: C
In 2023, Louisiana Business Incubator Association Incorporated reported a deficit of $8K with expenses exceeding revenue, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 57.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Louisiana Business Incubator Association Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.2% | +56.2% | +15.0% |
| 2022 | -62.9% | -63.7% | -27.2% |
| 2021 | -0.2% | -0.7% | -18.5% |
| 2020 | -13.2% | -7.4% | +4.3% |
| 2019 | +14.3% | +10.8% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Louisiana Business Incubator Association Incorporated with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Louisiana Business Incubator Association Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a significant positive for an organization of its size, with latest revenue of $95,938, as it suggests a volunteer-led or externally funded leadership structure, maximizing resources for its mission.
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 Louisiana Business Incubator Association Incorporated's IRS 990 filings:
- Recent decline in revenue from $216,360 in 2019 to $95,938 in 2023
- Expenses slightly exceeded revenue in the latest filing ($104,104 vs. $95,938)
Strengths
The following positive indicators were identified for Louisiana Business Incubator Association Incorporated:
- Consistent 0% officer compensation across all filings, indicating strong resource allocation to mission
- Long operational history with 13 filings, demonstrating sustained activity
- Assets have shown growth over the past decade, from $32,920 in 2015 to $144,448 in 2023
- Revenues generally cover expenses over the long term
Frequently Asked Questions about Louisiana Business Incubator Association Incorporated
Is Louisiana Business Incubator Association Incorporated a legitimate charity?
Louisiana Business Incubator Association Incorporated (EIN: 202249722) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $203K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Louisiana Business Incubator Association Incorporated spend its money?
Louisiana Business Incubator Association Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louisiana Business Incubator Association Incorporated tax-deductible?
Louisiana Business Incubator Association Incorporated is registered as a tax-exempt nonprofit (EIN: 202249722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Louisiana Business Incubator Association Incorporated CEO make?
Louisiana Business Incubator Association Incorporated's highest-compensated officer earns $95,938, annually. The organization reported $203K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Louisiana Business Incubator Association Incorporated's spending goes to programs?
Louisiana Business Incubator Association Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louisiana Business Incubator Association Incorporated compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Louisiana Business Incubator Association Incorporated is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Louisiana Business Incubator Association Incorporated located?
Louisiana Business Incubator Association Incorporated is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 202249722. It is classified under NTEE code S41.
How many years of IRS 990 filings does Louisiana Business Incubator Association Incorporated have?
Louisiana Business Incubator Association Incorporated 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 $203K in total revenue.
Is Louisiana Business Incubator Association Incorporated financially stable?
Yes, the organization appears to be financially stable, with assets growing from $32,920 in 2015 to $144,448 in 2023, and revenues generally covering expenses over the long term, despite a slight deficit in the latest period.
How does the organization manage its administrative costs?
While specific administrative cost breakdowns aren't provided in the summary, the 0% officer compensation strongly suggests efficient management of leadership-related administrative overhead, likely directing more funds to programs.
What is the trend in the organization's revenue?
Revenue has fluctuated, peaking around $216,360 in 2019 and declining to $95,938 in 2023. This recent downward trend in revenue warrants monitoring, though it's not immediately alarming given the organization's history.
Filing History
IRS 990 filing history for Louisiana Business Incubator Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Louisiana Business Incubator Association Incorporated's revenue has declined by 77.7%, moving from $431K to $96K. Total assets increased by 465.1% over the same period, from $26K to $144K. Total functional expenses fell by 75.7%, from $429K to $104K. In its most recent filing year (2023), Louisiana Business Incubator Association Incorporated reported a deficit of $8K, with expenses exceeding revenue. The organization holds $82K in liabilities against $144K in assets (debt-to-asset ratio: 57.1%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $104K | $144K | $82K | — | View 990 |
| 2022 | $69K | $67K | $126K | $55K | — | View 990 |
| 2021 | $187K | $183K | $173K | $105K | — | View 990 |
| 2020 | $188K | $185K | $212K | $148K | — | — |
| 2019 | $216K | $199K | $203K | $143K | — | View 990 |
| 2018 | $189K | $180K | $159K | $116K | — | View 990 |
| 2017 | $202K | $205K | $174K | $141K | — | View 990 |
| 2016 | $198K | $194K | $134K | $98K | — | View 990 |
| 2015 | $175K | $177K | $33K | $0 | — | View 990 |
| 2014 | $177K | $175K | $35K | $0 | — | View 990 |
| 2013 | $411K | $409K | $32K | $0 | — | View 990 |
| 2012 | $402K | $397K | $31K | $0 | — | View 990 |
| 2011 | $431K | $429K | $26K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $104K, and assets of $144K (revenue +38.2% year-over-year).
- 2022: Revenue of $69K, expenses of $67K, and assets of $126K (revenue -62.9% year-over-year).
- 2021: Revenue of $187K, expenses of $183K, and assets of $173K (revenue -0.2% year-over-year).
- 2020: Revenue of $188K, expenses of $185K, and assets of $212K (revenue -13.2% year-over-year).
- 2019: Revenue of $216K, expenses of $199K, and assets of $203K (revenue +14.3% year-over-year).
- 2018: Revenue of $189K, expenses of $180K, and assets of $159K (revenue -6.1% year-over-year).
- 2017: Revenue of $202K, expenses of $205K, and assets of $174K (revenue +1.8% year-over-year).
- 2016: Revenue of $198K, expenses of $194K, and assets of $134K (revenue +13.1% year-over-year).
- 2015: Revenue of $175K, expenses of $177K, and assets of $33K (revenue -1.2% year-over-year).
- 2014: Revenue of $177K, expenses of $175K, and assets of $35K (revenue -56.8% year-over-year).
- 2013: Revenue of $411K, expenses of $409K, and assets of $32K (revenue +2.0% year-over-year).
- 2012: Revenue of $402K, expenses of $397K, and assets of $31K (revenue -6.6% year-over-year).
- 2011: Revenue of $431K, expenses of $429K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Business Incubator Association Incorporated:
Data Sources and Methodology
This transparency report for Louisiana Business Incubator Association Incorporated 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.