Louisiana Tech Research Corporation
EIN: 471764960 · Ruston, LA · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Net Assets | $-184,050 |
Is Louisiana Tech Research 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 Tech Research Corporation
Louisiana Tech Research Corporation (EIN: 471764960) is a nonprofit organization based in Ruston, LA, classified under NTEE code B05. The organization reported total revenue of $5K and total assets of $254K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Tech Research Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Tech Research Corporation is a micro nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $0 |
| Surplus / Deficit | +$4K |
| Total Assets | $240K |
| Total Liabilities | $425K |
| Net Assets | $-184,050 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 176.5% |
Financial Health Grade: B
In 2023, Louisiana Tech Research Corporation reported a surplus of $4K with revenue exceeding expenses, has a debt-to-asset ratio of 176.5% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Louisiana Tech Research Corporation's revenue has declined at a compound annual growth rate (CAGR) of -31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | — | +27.9% |
| 2022 | +41.8% | — | +98.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Tech Research 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 Tech Research 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 176.5%.
Frequently Asked Questions about Louisiana Tech Research Corporation
Is Louisiana Tech Research Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisiana Tech Research Corporation (EIN: 471764960) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisiana Tech Research Corporation spend its money?
Detailed spending breakdown data is not yet available for Louisiana Tech Research Corporation. Check back for updated IRS 990 analysis.
Are donations to Louisiana Tech Research Corporation tax-deductible?
Louisiana Tech Research Corporation is registered as a tax-exempt nonprofit (EIN: 471764960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Tech Research Corporation located?
Louisiana Tech Research Corporation is headquartered in Ruston, Louisiana and files with the IRS under EIN 471764960. It is classified under NTEE code B05.
How many years of IRS 990 filings does Louisiana Tech Research Corporation have?
Louisiana Tech Research Corporation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5K in total revenue.
Filing History
IRS 990 filing history for Louisiana Tech Research Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Louisiana Tech Research Corporation's revenue has declined by 52.5%, moving from $9K to $4K. Total assets increased by 154.3% over the same period, from $95K to $240K. The organization holds $425K in liabilities against $240K in assets (debt-to-asset ratio: 176.5%), resulting in net assets of $-184,050.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $0 | $240K | $425K | — | — |
| 2022 | $12K | $0 | $188K | $376K | — | View 990 |
| 2021 | $9K | $0 | $95K | $295K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $0, and assets of $240K (revenue -66.5% year-over-year).
- 2022: Revenue of $12K, expenses of $0, and assets of $188K (revenue +41.8% year-over-year).
- 2021: Revenue of $9K, expenses of $0, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Tech Research Corporation:
Data Sources and Methodology
This transparency report for Louisiana Tech Research 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.