Louisiana State University At Alexandria Foundation
LSUA Foundation shows declining assets and high liabilities despite recent positive operating margins.
EIN: 205648934 · Alexandria, LA · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $681K |
| Total Expenses | $569K |
| Program Spending | 80% |
| Net Assets | $-3,601,330 |
| Transparency Score | 65/100 |
Is Louisiana State University At Alexandria Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louisiana State University At Alexandria Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louisiana State University At Alexandria Foundation
Louisiana State University At Alexandria Foundation (EIN: 205648934) is a nonprofit organization based in Alexandria, LA, classified under NTEE code B114. The organization reported total revenue of $681K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana State University At Alexandria Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana State University At Alexandria Foundation is a small nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $691K |
| Total Expenses | $569K |
| Surplus / Deficit | +$122K |
| Total Assets | $3.3M |
| Total Liabilities | $6.9M |
| Net Assets | $-3,601,330 |
| Operating Margin | 17.7% |
| Debt-to-Asset Ratio | 209.1% |
| Months of Reserves | 69.6 months |
Financial Health Grade: A
In 2024, Louisiana State University At Alexandria Foundation reported a surplus of $122K with revenue exceeding expenses, holds 69.6 months of operating reserves (strong position), has a debt-to-asset ratio of 209.1% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -35.9% | -65.0% | -8.4% |
| 2023 | -32.4% | +21.4% | -26.7% |
| 2022 | +2.1% | -3.9% | -3.0% |
| 2021 | +12.8% | +4.0% | -4.3% |
| 2020 | -22.0% | -9.9% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 State University At Alexandria Foundation with a Mission Score of 65 out of 100 (Good). 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 State University At Alexandria Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 209.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive indicator for resource allocation directly to the 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.
Red Flags
The following concerns were identified during AI analysis of Louisiana State University At Alexandria Foundation's IRS 990 filings:
- Significant decline in total assets from $8.1M in 2015 to $3.3M in 2024.
- Consistently high liabilities, often exceeding total assets, indicating potential solvency concerns.
- Multiple years with expenses exceeding revenue (e.g., 2023, 2017, 2016), suggesting operational deficits.
Strengths
The following positive indicators were identified for Louisiana State University At Alexandria Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Positive operating margin in the most recent filing (2024: Revenue $691,147 vs. Expenses $569,077).
- Long filing history (14 filings) demonstrates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Louisiana State University At Alexandria Foundation
Is Louisiana State University At Alexandria Foundation a legitimate charity?
Louisiana State University At Alexandria Foundation (EIN: 205648934) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $681K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Louisiana State University At Alexandria Foundation spend its money?
Louisiana State University At Alexandria Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louisiana State University At Alexandria Foundation tax-deductible?
Louisiana State University At Alexandria Foundation is registered as a tax-exempt nonprofit (EIN: 205648934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Louisiana State University At Alexandria Foundation's spending goes to programs?
Louisiana State University At Alexandria Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louisiana State University At Alexandria Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Louisiana State University At Alexandria Foundation is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Louisiana State University At Alexandria Foundation located?
Louisiana State University At Alexandria Foundation is headquartered in Alexandria, Louisiana and files with the IRS under EIN 205648934. It is classified under NTEE code B114.
How many years of IRS 990 filings does Louisiana State University At Alexandria Foundation have?
Louisiana State University At Alexandria Foundation has 14 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 $681K in total revenue.
Why have the organization's assets significantly declined over the past decade?
Assets decreased from $8,164,502 in 2015 to $3,301,605 in 2024, a substantial reduction that warrants further investigation into investment performance, asset sales, or other financial activities.
What is the nature of the high liabilities reported by the foundation?
Liabilities have consistently been high, peaking at $11,465,277 in 2015 and remaining substantial, though showing a recent decrease to $6,902,935 in 2024. Understanding the composition of these liabilities (e.g., debt, deferred revenue) is crucial for assessing financial risk.
How does the foundation manage periods where expenses exceed revenue?
In several periods, such as 2023 and 2017, expenses surpassed revenue. This suggests the organization may be drawing from reserves or relying on prior year surpluses to cover operational costs, which is not sustainable long-term without a clear strategy.
Filing History
IRS 990 filing history for Louisiana State University At Alexandria Foundation showing financial trends over 14 years of public records:
Total assets decreased by 64.9% over the same period, from $9.4M to $3.3M. In its most recent filing year (2024), Louisiana State University At Alexandria Foundation reported a surplus of $122K, with revenue exceeding expenses. The organization holds $6.9M in liabilities against $3.3M in assets (debt-to-asset ratio: 209.1%), resulting in net assets of $-3,601,330.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $691K | $569K | $3.3M | $6.9M | — | View 990 |
| 2023 | $1.1M | $1.6M | $3.6M | $7.3M | — | View 990 |
| 2022 | $1.6M | $1.3M | $4.9M | $8.1M | — | View 990 |
| 2021 | $1.6M | $1.4M | $5.1M | $8.5M | — | View 990 |
| 2020 | $1.4M | $1.3M | $5.3M | $8.9M | — | View 990 |
| 2019 | $1.8M | $1.5M | $5.6M | $9.3M | — | View 990 |
| 2018 | $1.4M | $1.4M | $5.9M | $9.8M | — | View 990 |
| 2017 | $1.6M | $1.6M | $6.3M | $9.9M | — | View 990 |
| 2016 | $1.4M | $1.6M | $7.7M | $11.2M | — | View 990 |
| 2015 | $1.6M | $1.5M | $8.2M | $11.5M | — | View 990 |
| 2014 | $1.4M | $1.5M | $8.3M | $11.6M | — | View 990 |
| 2013 | $1.3M | $1.5M | $8.7M | $11.8M | — | View 990 |
| 2012 | $-287,751 | $0 | $9.0M | $11.9M | — | View 990 |
| 2011 | $-307,223 | $0 | $9.4M | $12.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $691K, expenses of $569K, and assets of $3.3M (revenue -35.9% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.6M, and assets of $3.6M (revenue -32.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.3M, and assets of $4.9M (revenue +2.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $5.1M (revenue +12.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $5.3M (revenue -22.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $5.6M (revenue +25.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $5.9M (revenue -11.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $6.3M (revenue +14.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.6M, and assets of $7.7M (revenue -9.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $8.2M (revenue +13.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $8.3M (revenue +7.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.5M, and assets of $8.7M.
- 2012: Revenue of $-287,751, expenses of $0, and assets of $9.0M.
- 2011: Revenue of $-307,223, expenses of $0, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana State University At Alexandria Foundation:
Data Sources and Methodology
This transparency report for Louisiana State University At Alexandria Foundation 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.