Louisiana Oyster Community Relief Fund Inc
Louisiana Oyster Community Relief Fund Inc maintains substantial assets with minimal liabilities.
EIN: 203882488 · Metairie, LA · NTEE: D33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $21K |
| Program Spending | 80% |
| Net Assets | $368K |
| Transparency Score | 85/100 |
Is Louisiana Oyster Community Relief Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louisiana Oyster Community Relief Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louisiana Oyster Community Relief Fund Inc
Louisiana Oyster Community Relief Fund Inc (EIN: 203882488) is a nonprofit organization based in Metairie, LA, classified under NTEE code D33. The organization reported total revenue of $10K and total assets of $351K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Oyster Community Relief Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Oyster Community Relief Fund Inc is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $21K |
| Surplus / Deficit | +$319K |
| Total Assets | $368K |
| Net Assets | $368K |
| Operating Margin | 93.8% |
| Months of Reserves | 211.2 months |
Financial Health Grade: A
In 2023, Louisiana Oyster Community Relief Fund Inc reported a surplus of $319K with revenue exceeding expenses, holds 211.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Oyster Community Relief Fund Inc 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 Oyster Community Relief Fund Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $319K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation is reported as 0% in the latest filing, indicating that no executive compensation was paid, which is positive for donor confidence.
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 Oyster Community Relief Fund Inc:
- Strong asset base ($351,261)
- Zero liabilities reported
- No officer compensation reported (0%)
- High revenue in previous period ($339,580 in 202312)
- Low expenses relative to revenue in previous period ($20,926 vs $339,580 in 202312)
Frequently Asked Questions about Louisiana Oyster Community Relief Fund Inc
Is Louisiana Oyster Community Relief Fund Inc a legitimate charity?
Louisiana Oyster Community Relief Fund Inc (EIN: 203882488) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. Total revenue: $10K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Louisiana Oyster Community Relief Fund Inc spend its money?
Louisiana Oyster Community Relief Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louisiana Oyster Community Relief Fund Inc tax-deductible?
Louisiana Oyster Community Relief Fund Inc is registered as a tax-exempt nonprofit (EIN: 203882488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Louisiana Oyster Community Relief Fund Inc's spending goes to programs?
Louisiana Oyster Community Relief Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louisiana Oyster Community Relief Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Louisiana Oyster Community Relief Fund Inc is above average for NTEE category D33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Louisiana Oyster Community Relief Fund Inc located?
Louisiana Oyster Community Relief Fund Inc is headquartered in Metairie, Louisiana and files with the IRS under EIN 203882488. It is classified under NTEE code D33.
Is Louisiana Oyster Community Relief Fund Inc a good charity?
Based on the available data, the organization appears to be a good charity. It has substantial assets ($351,261), no reported liabilities, and zero officer compensation, suggesting financial prudence and a focus on its mission. The significant revenue in the 202312 period ($339,580) compared to expenses ($20,926) indicates effective fundraising and asset building.
What is the primary use of the organization's assets?
While the filings show significant assets ($351,261), the specific breakdown of how these assets are utilized (e.g., cash reserves, investments, program-related assets) is not detailed in the provided summary. Further investigation into their full 990 filing would be needed to understand the asset allocation.
How does the current revenue of $10,411 compare to previous periods?
The current revenue of $10,411 is significantly lower than the $339,580 reported in the 202312 period. This could indicate a fluctuation in fundraising cycles or a specific large donation in the previous period. It's important to monitor future revenue trends to understand if this is a temporary dip or a sustained change.
Filing History
IRS 990 filing history for Louisiana Oyster Community Relief Fund Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Louisiana Oyster Community Relief Fund Inc reported a surplus of $319K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $21K | $368K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Oyster Community Relief Fund Inc:
Data Sources and Methodology
This transparency report for Louisiana Oyster Community Relief Fund Inc 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.