Louisiana Council Of Resources
EIN: 472737890 · New Orleans, LA · NTEE: I40
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $30K |
| Net Assets | $-260,800 |
Is Louisiana Council Of Resources Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Council Of Resources
Louisiana Council Of Resources (EIN: 472737890) is a nonprofit organization based in New Orleans, LA, classified under NTEE code I40. The organization reported total revenue of $18K and total assets of $20 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Council Of Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Council Of Resources is a micro nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $30K |
| Surplus / Deficit | $-12,689 |
| Total Assets | $20 |
| Total Liabilities | $261K |
| Net Assets | $-260,800 |
| Operating Margin | -72.1% |
| Debt-to-Asset Ratio | 1304100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Louisiana Council Of Resources reported a deficit of $13K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 1304100.0% (high leverage).
Financial Trends
Over 6 years of filings (2017–2023), Louisiana Council Of Resources's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.4% | -95.0% | -100.0% |
| 2021 | +13.6% | +47.9% | +235.7% |
| 2020 | +248.1% | +228.8% | +68.8% |
| 2019 | +232.1% | +504.4% | -8.2% |
| 2018 | +191.1% | +455.1% | +128.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Council Of Resources 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 Council Of Resources 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1304100.0%.
Frequently Asked Questions about Louisiana Council Of Resources
Is Louisiana Council Of Resources a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisiana Council Of Resources (EIN: 472737890) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisiana Council Of Resources spend its money?
Detailed spending breakdown data is not yet available for Louisiana Council Of Resources. Check back for updated IRS 990 analysis.
Are donations to Louisiana Council Of Resources tax-deductible?
Louisiana Council Of Resources is registered as a tax-exempt nonprofit (EIN: 472737890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Council Of Resources located?
Louisiana Council Of Resources is headquartered in New Orleans, Louisiana and files with the IRS under EIN 472737890. It is classified under NTEE code I40.
How many years of IRS 990 filings does Louisiana Council Of Resources have?
Louisiana Council Of Resources has 6 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 $18K in total revenue.
Filing History
IRS 990 filing history for Louisiana Council Of Resources showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Louisiana Council Of Resources's revenue has grown by 38.6%, moving from $13K to $18K. Total assets decreased by 99.8% over the same period, from $13K to $20. Total functional expenses rose by 712%, from $4K to $30K. In its most recent filing year (2023), Louisiana Council Of Resources reported a deficit of $13K, with expenses exceeding revenue. The organization holds $261K in liabilities against $20 in assets (debt-to-asset ratio: 1304100.0%), resulting in net assets of $-260,800.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $30K | $20 | $261K | — | — |
| 2021 | $486K | $608K | $151K | $265K | — | — |
| 2020 | $427K | $411K | $45K | $0 | — | View 990 |
| 2019 | $123K | $125K | $27K | $0 | — | View 990 |
| 2018 | $37K | $21K | $29K | $0 | — | View 990 |
| 2017 | $13K | $4K | $13K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $30K, and assets of $20 (revenue -96.4% year-over-year).
- 2021: Revenue of $486K, expenses of $608K, and assets of $151K (revenue +13.6% year-over-year).
- 2020: Revenue of $427K, expenses of $411K, and assets of $45K (revenue +248.1% year-over-year).
- 2019: Revenue of $123K, expenses of $125K, and assets of $27K (revenue +232.1% year-over-year).
- 2018: Revenue of $37K, expenses of $21K, and assets of $29K (revenue +191.1% year-over-year).
- 2017: Revenue of $13K, expenses of $4K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Council Of Resources:
Data Sources and Methodology
This transparency report for Louisiana Council Of Resources 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.