Louisiana Chamber Of Commerce Foundation Inc
EIN: 832128501 · New Orleans, LA · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.2M |
| Net Assets | $2.2M |
Is Louisiana Chamber Of Commerce Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Chamber Of Commerce Foundation Inc
Louisiana Chamber Of Commerce Foundation Inc (EIN: 832128501) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T31. The organization reported total revenue of $1.7M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Chamber Of Commerce Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Chamber Of Commerce Foundation Inc is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 126.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $2.3M |
| Total Liabilities | $22K |
| Net Assets | $2.2M |
| Operating Margin | 59.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 21.9 months |
Financial Health Grade: A
In 2023, Louisiana Chamber Of Commerce Foundation Inc reported a surplus of $1.9M with revenue exceeding expenses, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Louisiana Chamber Of Commerce Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 126.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +273.2% | +85.9% | +478.1% |
| 2022 | +111.7% | +103.4% | +66.8% |
| 2021 | +47.7% | +239.6% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Chamber Of Commerce Foundation Inc 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 Chamber Of Commerce Foundation Inc 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 surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Louisiana Chamber Of Commerce Foundation Inc
Is Louisiana Chamber Of Commerce Foundation Inc a legitimate charity?
Louisiana Chamber Of Commerce Foundation Inc (EIN: 832128501) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Louisiana Chamber Of Commerce Foundation Inc spend its money?
Louisiana Chamber Of Commerce Foundation Inc reported $1.7M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Chamber Of Commerce Foundation Inc tax-deductible?
Louisiana Chamber Of Commerce Foundation Inc is registered as a tax-exempt nonprofit (EIN: 832128501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Chamber Of Commerce Foundation Inc located?
Louisiana Chamber Of Commerce Foundation Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 832128501. It is classified under NTEE code T31.
How many years of IRS 990 filings does Louisiana Chamber Of Commerce Foundation Inc have?
Louisiana Chamber Of Commerce Foundation Inc 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Louisiana Chamber Of Commerce Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Louisiana Chamber Of Commerce Foundation Inc's revenue has grown by 1067.2%, moving from $265K to $3.1M. Total assets increased by 1086.6% over the same period, from $191K to $2.3M. Total functional expenses rose by 1184.4%, from $97K to $1.2M. In its most recent filing year (2023), Louisiana Chamber Of Commerce Foundation Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $22K in liabilities against $2.3M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $1.2M | $2.3M | $22K | — | — |
| 2022 | $829K | $667K | $392K | $552 | — | View 990 |
| 2021 | $392K | $328K | $235K | $6K | — | View 990 |
| 2020 | $265K | $97K | $191K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $1.2M, and assets of $2.3M (revenue +273.2% year-over-year).
- 2022: Revenue of $829K, expenses of $667K, and assets of $392K (revenue +111.7% year-over-year).
- 2021: Revenue of $392K, expenses of $328K, and assets of $235K (revenue +47.7% year-over-year).
- 2020: Revenue of $265K, expenses of $97K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Chamber Of Commerce Foundation Inc:
Data Sources and Methodology
This transparency report for Louisiana Chamber Of Commerce Foundation 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.