Louisiana Meat Processors Association
Louisiana Meat Processors Association maintains stable finances with no reported officer compensation.
EIN: 201621940 · Covington, LA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $34K |
| Program Spending | 80% |
| Net Assets | $138K |
| Transparency Score | 85/100 |
Is Louisiana Meat Processors Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louisiana Meat Processors Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louisiana Meat Processors Association
Louisiana Meat Processors Association (EIN: 201621940) is a nonprofit organization based in Covington, LA, classified under NTEE code S41. The organization reported total revenue of $43K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Meat Processors Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Meat Processors Association is a micro nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $34K |
| Surplus / Deficit | +$9K |
| Total Assets | $138K |
| Net Assets | $138K |
| Operating Margin | 20.6% |
| Months of Reserves | 49.3 months |
Financial Health Grade: A
In 2021, Louisiana Meat Processors Association reported a surplus of $9K with revenue exceeding expenses, holds 49.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Louisiana Meat Processors Association's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +54.6% | +0.5% | +6.8% |
| 2020 | -24.9% | -9.1% | -4.5% |
| 2019 | -11.5% | -1.0% | -0.2% |
| 2018 | -0.4% | +0.5% | +3.1% |
| 2017 | +0.5% | +3.7% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Meat Processors Association with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Louisiana Meat Processors Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is a significant strength for a small nonprofit in terms of 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.
Strengths
The following positive indicators were identified for Louisiana Meat Processors Association:
- Consistent asset growth, from $111,303 in 2012 to $138,048 in 2021.
- Zero reported liabilities across all filings, indicating strong financial health.
- No reported officer compensation, suggesting a volunteer-driven model and efficient use of funds.
- Consistent filing of IRS 990 forms over 11 periods, demonstrating transparency.
- Expenses generally managed within or close to revenue, indicating responsible spending.
Frequently Asked Questions about Louisiana Meat Processors Association
Is Louisiana Meat Processors Association a legitimate charity?
Louisiana Meat Processors Association (EIN: 201621940) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Louisiana Meat Processors Association spend its money?
Louisiana Meat Processors Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louisiana Meat Processors Association tax-deductible?
Louisiana Meat Processors Association is registered as a tax-exempt nonprofit (EIN: 201621940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Louisiana Meat Processors Association's spending goes to programs?
Louisiana Meat Processors Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louisiana Meat Processors Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Louisiana Meat Processors Association 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 Meat Processors Association located?
Louisiana Meat Processors Association is headquartered in Covington, Louisiana and files with the IRS under EIN 201621940. It is classified under NTEE code S41.
How many years of IRS 990 filings does Louisiana Meat Processors Association have?
Louisiana Meat Processors Association has 11 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 $43K in total revenue.
Is Louisiana Meat Processors Association a good charity?
Based on the provided financial data, the Louisiana Meat Processors Association appears to be a well-managed organization. It maintains a stable financial position with growing assets and no liabilities, and operates without executive compensation, suggesting efficient use of funds. Its consistent IRS 990 filings also indicate transparency.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, with expenses typically staying below or very close to its revenue. For example, in 2021, revenue was $42,343 and expenses were $33,603, resulting in a surplus. Even in years like 2020, where expenses ($33,446) slightly exceeded revenue ($27,387), the difference was manageable given its asset base.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, increasing from $111,303 in 2012 to $138,048 in 2021. This indicates financial stability and growth.
Filing History
IRS 990 filing history for Louisiana Meat Processors Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Louisiana Meat Processors Association's revenue has grown by 7.9%, moving from $39K to $42K. Total assets increased by 35.1% over the same period, from $102K to $138K. Total functional expenses rose by 8.8%, from $31K to $34K. In its most recent filing year (2021), Louisiana Meat Processors Association reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $42K | $34K | $138K | $0 | — | View 990 |
| 2020 | $27K | $33K | $129K | $0 | — | View 990 |
| 2019 | $36K | $37K | $135K | $0 | — | View 990 |
| 2018 | $41K | $37K | $136K | $0 | — | View 990 |
| 2017 | $41K | $37K | $132K | $0 | — | View 990 |
| 2016 | $41K | $36K | $127K | $0 | — | View 990 |
| 2015 | $35K | $35K | $122K | $0 | — | View 990 |
| 2014 | $37K | $32K | $122K | $0 | — | View 990 |
| 2013 | $38K | $33K | $117K | $0 | — | View 990 |
| 2012 | $39K | $30K | $111K | $0 | — | View 990 |
| 2011 | $39K | $31K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $42K, expenses of $34K, and assets of $138K (revenue +54.6% year-over-year).
- 2020: Revenue of $27K, expenses of $33K, and assets of $129K (revenue -24.9% year-over-year).
- 2019: Revenue of $36K, expenses of $37K, and assets of $135K (revenue -11.5% year-over-year).
- 2018: Revenue of $41K, expenses of $37K, and assets of $136K (revenue -0.4% year-over-year).
- 2017: Revenue of $41K, expenses of $37K, and assets of $132K (revenue +0.5% year-over-year).
- 2016: Revenue of $41K, expenses of $36K, and assets of $127K (revenue +19.1% year-over-year).
- 2015: Revenue of $35K, expenses of $35K, and assets of $122K (revenue -7.3% year-over-year).
- 2014: Revenue of $37K, expenses of $32K, and assets of $122K (revenue -2.5% year-over-year).
- 2013: Revenue of $38K, expenses of $33K, and assets of $117K (revenue -2.1% year-over-year).
- 2012: Revenue of $39K, expenses of $30K, and assets of $111K (revenue -0.3% year-over-year).
- 2011: Revenue of $39K, expenses of $31K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Meat Processors Association:
Data Sources and Methodology
This transparency report for Louisiana Meat Processors Association 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.