Louisiana Tau Upsilon House Corporation
EIN: 237310918 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $78K |
| Net Assets | $-78,959 |
Is Louisiana Tau Upsilon House Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Tau Upsilon House Corporation
Louisiana Tau Upsilon House Corporation (EIN: 237310918) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $60K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Tau Upsilon House Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Tau Upsilon House Corporation is a micro nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $78K |
| Surplus / Deficit | $-23,564 |
| Total Assets | $148K |
| Total Liabilities | $227K |
| Net Assets | $-78,959 |
| Operating Margin | -43.6% |
| Debt-to-Asset Ratio | 153.3% |
| Months of Reserves | 22.9 months |
Financial Health Grade: C
In 2022, Louisiana Tau Upsilon House Corporation reported a deficit of $24K with expenses exceeding revenue, holds 22.9 months of operating reserves (strong position), has a debt-to-asset ratio of 153.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Louisiana Tau Upsilon House Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -16.8% | -25.1% | -21.6% |
| 2021 | +5.9% | +73.4% | +12.6% |
| 2020 | +22.6% | -6.3% | -11.5% |
| 2019 | -23.7% | +9.8% | +5.9% |
| 2018 | +63.9% | +51.2% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Tau Upsilon House Corporation 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 Tau Upsilon House Corporation 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 153.3%.
Frequently Asked Questions about Louisiana Tau Upsilon House Corporation
Is Louisiana Tau Upsilon House Corporation a legitimate charity?
Louisiana Tau Upsilon House Corporation (EIN: 237310918) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. Financial health grade: C.
How does Louisiana Tau Upsilon House Corporation spend its money?
Louisiana Tau Upsilon House Corporation reported $60K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisiana Tau Upsilon House Corporation tax-deductible?
Louisiana Tau Upsilon House Corporation is registered as a tax-exempt nonprofit (EIN: 237310918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Tau Upsilon House Corporation located?
Louisiana Tau Upsilon House Corporation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 237310918.
How many years of IRS 990 filings does Louisiana Tau Upsilon House Corporation have?
Louisiana Tau Upsilon House Corporation has 12 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 $60K in total revenue.
Filing History
IRS 990 filing history for Louisiana Tau Upsilon House Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Louisiana Tau Upsilon House Corporation's revenue has grown by 54.3%, moving from $35K to $54K. Total assets increased by 47.4% over the same period, from $100K to $148K. Total functional expenses rose by 151%, from $31K to $78K. In its most recent filing year (2022), Louisiana Tau Upsilon House Corporation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $227K in liabilities against $148K in assets (debt-to-asset ratio: 153.3%), resulting in net assets of $-78,959.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $54K | $78K | $148K | $227K | — | — |
| 2021 | $65K | $104K | $189K | $244K | — | — |
| 2020 | $61K | $60K | $168K | $184K | — | View 990 |
| 2019 | $50K | $64K | $190K | $208K | — | View 990 |
| 2018 | $66K | $58K | $179K | $183K | — | View 990 |
| 2017 | $40K | $38K | $189K | $201K | — | View 990 |
| 2016 | $40K | $57K | $193K | $207K | — | View 990 |
| 2015 | $40K | $155K | $215K | $212K | — | View 990 |
| 2014 | $49K | $36K | $94K | $91K | — | View 990 |
| 2013 | $38K | $34K | $96K | $105K | — | View 990 |
| 2012 | $28K | $41K | $97K | $110K | — | View 990 |
| 2011 | $35K | $31K | $100K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $54K, expenses of $78K, and assets of $148K (revenue -16.8% year-over-year).
- 2021: Revenue of $65K, expenses of $104K, and assets of $189K (revenue +5.9% year-over-year).
- 2020: Revenue of $61K, expenses of $60K, and assets of $168K (revenue +22.6% year-over-year).
- 2019: Revenue of $50K, expenses of $64K, and assets of $190K (revenue -23.7% year-over-year).
- 2018: Revenue of $66K, expenses of $58K, and assets of $179K (revenue +63.9% year-over-year).
- 2017: Revenue of $40K, expenses of $38K, and assets of $189K (revenue +0.0% year-over-year).
- 2016: Revenue of $40K, expenses of $57K, and assets of $193K (revenue +0.0% year-over-year).
- 2015: Revenue of $40K, expenses of $155K, and assets of $215K (revenue -17.5% year-over-year).
- 2014: Revenue of $49K, expenses of $36K, and assets of $94K (revenue +27.7% year-over-year).
- 2013: Revenue of $38K, expenses of $34K, and assets of $96K (revenue +36.0% year-over-year).
- 2012: Revenue of $28K, expenses of $41K, and assets of $97K (revenue -20.2% year-over-year).
- 2011: Revenue of $35K, expenses of $31K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Tau Upsilon House Corporation:
Data Sources and Methodology
This transparency report for Louisiana Tau Upsilon House Corporation 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.