Louisiana Elite Basketball Club
EIN: 300674214 · Baton Rouge, LA · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $69K |
Is Louisiana Elite Basketball Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Elite Basketball Club
Louisiana Elite Basketball Club (EIN: 300674214) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code N62. The organization reported total revenue of $35K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Elite Basketball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Elite Basketball Club is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $69K |
| Surplus / Deficit | $-34,030 |
| Total Assets | $-34,030 |
| Net Assets | $-34,030 |
| Operating Margin | -97.2% |
| Months of Reserves | -5.9 months |
Financial Health Grade: C
In 2023, Louisiana Elite Basketball Club reported a deficit of $34K with expenses exceeding revenue, holds -5.9 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Louisiana Elite Basketball Club's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +25.4% | -390.5% |
| 2022 | -43.1% | +55.5% | -68.1% |
| 2021 | +136.6% | +1109.9% | +89.6% |
| 2020 | -69.1% | -95.9% | +1937400.0% |
| 2019 | +60.1% | +60.1% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Elite Basketball Club 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 Elite Basketball Club 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 $34K, with expenses exceeding revenue.
Frequently Asked Questions about Louisiana Elite Basketball Club
Is Louisiana Elite Basketball Club a legitimate charity?
Louisiana Elite Basketball Club (EIN: 300674214) is a registered tax-exempt nonprofit based in Louisiana. It has 8 years of IRS 990 filings on record. Total revenue: $35K. No red flags identified. Financial health grade: C.
How does Louisiana Elite Basketball Club spend its money?
Louisiana Elite Basketball Club reported $35K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Elite Basketball Club tax-deductible?
Louisiana Elite Basketball Club is registered as a tax-exempt nonprofit (EIN: 300674214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Elite Basketball Club located?
Louisiana Elite Basketball Club is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 300674214. It is classified under NTEE code N62.
How many years of IRS 990 filings does Louisiana Elite Basketball Club have?
Louisiana Elite Basketball Club has 8 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 $35K in total revenue.
Filing History
IRS 990 filing history for Louisiana Elite Basketball Club showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Louisiana Elite Basketball Club's revenue has declined by 12.5%, moving from $40K to $35K. Total assets decreased by 3403100% over the same period, from $1 to $-34,030. Total functional expenses rose by 72.6%, from $40K to $69K. In its most recent filing year (2023), Louisiana Elite Basketball Club reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $69K | $-34,030 | $0 | — | — |
| 2022 | $30K | $55K | $12K | $0 | — | View 990 |
| 2021 | $53K | $35K | $37K | $0 | — | View 990 |
| 2020 | $22K | $3K | $19K | $0 | — | — |
| 2019 | $72K | $72K | $1 | $0 | — | View 990 |
| 2018 | $45K | $45K | $1 | $0 | — | View 990 |
| 2017 | $40K | $40K | $1 | $0 | — | View 990 |
| 2016 | $40K | $40K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $69K, and assets of $-34,030 (revenue +16.7% year-over-year).
- 2022: Revenue of $30K, expenses of $55K, and assets of $12K (revenue -43.1% year-over-year).
- 2021: Revenue of $53K, expenses of $35K, and assets of $37K (revenue +136.6% year-over-year).
- 2020: Revenue of $22K, expenses of $3K, and assets of $19K (revenue -69.1% year-over-year).
- 2019: Revenue of $72K, expenses of $72K, and assets of $1 (revenue +60.1% year-over-year).
- 2018: Revenue of $45K, expenses of $45K, and assets of $1 (revenue +12.5% year-over-year).
- 2017: Revenue of $40K, expenses of $40K, and assets of $1 (revenue +0.0% year-over-year).
- 2016: Revenue of $40K, expenses of $40K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Elite Basketball Club:
Data Sources and Methodology
This transparency report for Louisiana Elite Basketball Club 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.