Louisiana Council On Economic Education
EIN: 237200944 · Baton Rouge, LA · NTEE: V22Z
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $95K |
| Net Assets | $109K |
Is Louisiana Council On Economic Education 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 On Economic Education
Louisiana Council On Economic Education (EIN: 237200944) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code V22Z. The organization reported total revenue of $71K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Council On Economic Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Council On Economic Education is a micro nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $95K |
| Surplus / Deficit | $-19,962 |
| Total Assets | $133K |
| Total Liabilities | $24K |
| Net Assets | $109K |
| Operating Margin | -26.7% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Louisiana Council On Economic Education reported a deficit of $20K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Louisiana Council On Economic Education's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +-0.0% | +4.6% | -13.0% |
| 2022 | -0.4% | +16.7% | -9.3% |
| 2021 | -58.3% | -73.2% | +26.0% |
| 2020 | -21.9% | +99.5% | -44.8% |
| 2019 | +34.5% | +35.7% | +54.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Council On Economic Education 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 On Economic Education 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.0%.
Frequently Asked Questions about Louisiana Council On Economic Education
Is Louisiana Council On Economic Education a legitimate charity?
Louisiana Council On Economic Education (EIN: 237200944) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. Financial health grade: B.
How does Louisiana Council On Economic Education spend its money?
Louisiana Council On Economic Education reported $71K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Council On Economic Education tax-deductible?
Louisiana Council On Economic Education is registered as a tax-exempt nonprofit (EIN: 237200944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Council On Economic Education located?
Louisiana Council On Economic Education is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 237200944. It is classified under NTEE code V22Z.
How many years of IRS 990 filings does Louisiana Council On Economic Education have?
Louisiana Council On Economic Education 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 $71K in total revenue.
Filing History
IRS 990 filing history for Louisiana Council On Economic Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Louisiana Council On Economic Education's revenue has declined by 7.4%, moving from $81K to $75K. Total assets increased by 233% over the same period, from $40K to $133K. Total functional expenses rose by 13.9%, from $83K to $95K. In its most recent filing year (2023), Louisiana Council On Economic Education reported a deficit of $20K, with expenses exceeding revenue. The organization holds $24K in liabilities against $133K in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $95K | $133K | $24K | — | View 990 |
| 2022 | $75K | $90K | $153K | $24K | — | View 990 |
| 2021 | $75K | $78K | $169K | $24K | — | — |
| 2020 | $180K | $289K | $134K | $24K | — | — |
| 2019 | $231K | $145K | $243K | $24K | — | View 990 |
| 2018 | $172K | $107K | $157K | $24K | — | View 990 |
| 2017 | $111K | $92K | $93K | $24K | — | View 990 |
| 2016 | $91K | $84K | $74K | $24K | — | View 990 |
| 2015 | $95K | $97K | $67K | $24K | — | View 990 |
| 2014 | $109K | $84K | $69K | $24K | — | View 990 |
| 2013 | $104K | $95K | $45K | $26K | — | View 990 |
| 2012 | $93K | $98K | $35K | $24K | — | View 990 |
| 2011 | $81K | $83K | $40K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $95K, and assets of $133K (revenue +-0.0% year-over-year).
- 2022: Revenue of $75K, expenses of $90K, and assets of $153K (revenue -0.4% year-over-year).
- 2021: Revenue of $75K, expenses of $78K, and assets of $169K (revenue -58.3% year-over-year).
- 2020: Revenue of $180K, expenses of $289K, and assets of $134K (revenue -21.9% year-over-year).
- 2019: Revenue of $231K, expenses of $145K, and assets of $243K (revenue +34.5% year-over-year).
- 2018: Revenue of $172K, expenses of $107K, and assets of $157K (revenue +55.2% year-over-year).
- 2017: Revenue of $111K, expenses of $92K, and assets of $93K (revenue +21.6% year-over-year).
- 2016: Revenue of $91K, expenses of $84K, and assets of $74K (revenue -4.1% year-over-year).
- 2015: Revenue of $95K, expenses of $97K, and assets of $67K (revenue -13.4% year-over-year).
- 2014: Revenue of $109K, expenses of $84K, and assets of $69K (revenue +5.6% year-over-year).
- 2013: Revenue of $104K, expenses of $95K, and assets of $45K (revenue +11.6% year-over-year).
- 2012: Revenue of $93K, expenses of $98K, and assets of $35K (revenue +15.1% year-over-year).
- 2011: Revenue of $81K, expenses of $83K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Council On Economic Education:
Data Sources and Methodology
This transparency report for Louisiana Council On Economic Education 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.