Louisiana Oilmens Bass Invitational
EIN: 271812177 · Lafayette, LA · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $54K |
| Net Assets | $10K |
Is Louisiana Oilmens Bass Invitational Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Oilmens Bass Invitational
Louisiana Oilmens Bass Invitational (EIN: 271812177) is a nonprofit organization based in Lafayette, LA, classified under NTEE code N50. The organization reported total revenue of $166K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Oilmens Bass Invitational's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Oilmens Bass Invitational is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -14.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $54K |
| Surplus / Deficit | $-1,783 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -3.4% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2022, Louisiana Oilmens Bass Invitational reported a deficit of $2K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2022), Louisiana Oilmens Bass Invitational's revenue has declined at a compound annual growth rate (CAGR) of -14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +234.7% | -9.8% | -14.9% |
| 2021 | -65.9% | +713.6% | -78.7% |
| 2020 | -18.7% | -91.8% | +216.3% |
| 2019 | -33.5% | +23.3% | -65.4% |
| 2018 | -7.9% | -20.8% | +29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Oilmens Bass Invitational 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 Oilmens Bass Invitational 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Louisiana Oilmens Bass Invitational
Is Louisiana Oilmens Bass Invitational a legitimate charity?
Louisiana Oilmens Bass Invitational (EIN: 271812177) is a registered tax-exempt nonprofit based in Louisiana. It has 11 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: C.
How does Louisiana Oilmens Bass Invitational spend its money?
Louisiana Oilmens Bass Invitational reported $166K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Oilmens Bass Invitational tax-deductible?
Louisiana Oilmens Bass Invitational is registered as a tax-exempt nonprofit (EIN: 271812177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Oilmens Bass Invitational located?
Louisiana Oilmens Bass Invitational is headquartered in Lafayette, Louisiana and files with the IRS under EIN 271812177. It is classified under NTEE code N50.
How many years of IRS 990 filings does Louisiana Oilmens Bass Invitational have?
Louisiana Oilmens Bass Invitational 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 $166K in total revenue.
Filing History
IRS 990 filing history for Louisiana Oilmens Bass Invitational showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Louisiana Oilmens Bass Invitational's revenue has declined by 82.5%, moving from $299K to $52K. Total assets decreased by 90.9% over the same period, from $112K to $10K. Total functional expenses fell by 79.5%, from $263K to $54K. In its most recent filing year (2022), Louisiana Oilmens Bass Invitational reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $52K | $54K | $10K | $0 | — | — |
| 2021 | $16K | $60K | $12K | $0 | — | — |
| 2020 | $46K | $7K | $56K | $0 | — | View 990 |
| 2019 | $56K | $90K | $18K | $0 | — | View 990 |
| 2018 | $85K | $73K | $51K | $0 | — | View 990 |
| 2017 | $92K | $92K | $40K | $0 | — | View 990 |
| 2016 | $71K | $94K | $37K | $0 | — | View 990 |
| 2015 | $87K | $145K | $60K | $0 | — | View 990 |
| 2014 | $178K | $135K | $118K | $0 | — | View 990 |
| 2013 | $121K | $130K | $75K | $0 | — | View 990 |
| 2011 | $299K | $263K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $52K, expenses of $54K, and assets of $10K (revenue +234.7% year-over-year).
- 2021: Revenue of $16K, expenses of $60K, and assets of $12K (revenue -65.9% year-over-year).
- 2020: Revenue of $46K, expenses of $7K, and assets of $56K (revenue -18.7% year-over-year).
- 2019: Revenue of $56K, expenses of $90K, and assets of $18K (revenue -33.5% year-over-year).
- 2018: Revenue of $85K, expenses of $73K, and assets of $51K (revenue -7.9% year-over-year).
- 2017: Revenue of $92K, expenses of $92K, and assets of $40K (revenue +29.8% year-over-year).
- 2016: Revenue of $71K, expenses of $94K, and assets of $37K (revenue -18.8% year-over-year).
- 2015: Revenue of $87K, expenses of $145K, and assets of $60K (revenue -51.0% year-over-year).
- 2014: Revenue of $178K, expenses of $135K, and assets of $118K (revenue +47.2% year-over-year).
- 2013: Revenue of $121K, expenses of $130K, and assets of $75K (revenue -59.5% year-over-year).
- 2011: Revenue of $299K, expenses of $263K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Oilmens Bass Invitational:
Data Sources and Methodology
This transparency report for Louisiana Oilmens Bass Invitational 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.