Louison House Inc
Louison House Inc: Strong Program Spending, but Transparency Lacking
EIN: 223051367 · Adams, MA · NTEE: L99 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Program Spending | 88% |
| Net Assets | $641K |
| Transparency Score | 85/100 |
Is Louison House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louison House Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louison House Inc
Louison House Inc (EIN: 223051367) is a nonprofit organization based in Adams, MA, classified under NTEE code L99. The organization reported total revenue of $1.7M and total assets of $850K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louison House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louison House Inc is a mid-size nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$37K |
| Total Assets | $792K |
| Total Liabilities | $151K |
| Net Assets | $641K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Louison House Inc reported a surplus of $37K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Louison House Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.0% | +82.6% | +34.9% |
| 2022 | +9.2% | +20.2% | -78.5% |
| 2021 | +63.9% | +40.1% | +69.5% |
| 2020 | +17.8% | +13.5% | +76.7% |
| 2019 | -2.2% | -7.4% | +109.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Louison House 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Louison House Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.0%.
Executive Compensation Analysis
Executive compensation information is not publicly disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's size and 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 Louison House Inc's IRS 990 filings:
- Lack of readily available detailed financial statements and transparency reports.
- Limited public information regarding governance practices and board oversight.
- Significant fluctuations in assets and liabilities over the years without clear explanations in public filings.
Strengths
The following positive indicators were identified for Louison House Inc:
- Consistently high percentage of expenses dedicated to program services (88% in 2023).
- Demonstrated growth in revenue and assets over the past few years, indicating increasing capacity.
- Addresses critical community needs in Adams, MA, as a homeless shelter and service provider.
Frequently Asked Questions about Louison House Inc
Is Louison House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Louison House Inc (EIN: 223051367) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Louison House Inc spend its money?
Louison House Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louison House Inc tax-deductible?
Louison House Inc is registered as a tax-exempt nonprofit (EIN: 223051367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Louison House Inc's spending goes to programs?
Louison House Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Louison House Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Louison House Inc is above average for NTEE category L99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Louison House Inc located?
Louison House Inc is headquartered in Adams, Massachusetts and files with the IRS under EIN 223051367. It is classified under NTEE code L99.
How many years of IRS 990 filings does Louison House Inc have?
Louison House Inc has 13 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 $1.7M in total revenue.
What does Louison House Inc do?
Louison House Inc is a nonprofit organization in the Housing & Shelter sector, located in Adams, Massachusetts. It is classified under NTEE code L99.
How much revenue does Louison House Inc have?
Louison House Inc reported total revenue of $1,680,120. Based on 13 IRS 990 filings on record.
What are Louison House Inc's total assets?
Louison House Inc holds total assets of $849,672 as reported in IRS 990 filings.
Where is Louison House Inc located?
Louison House Inc is based in Adams, Massachusetts.
What is Louison House Inc's EIN?
Louison House Inc's Employer Identification Number (EIN) is 223051367. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Louison House Inc?
Louison House Inc is classified under NTEE code L99 (Housing & Shelter).
Is Louison House Inc a registered 501(c)(3)?
Yes, Louison House Inc is recognized as a tax-exempt organization by the IRS. EIN: 223051367.
Does Louison House Inc file IRS Form 990?
Yes, Louison House Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Louison House Inc's revenue in 2023?
In the 202309 filing period, Louison House Inc reported total revenue of $1,721,094, total expenses of $1,684,433, and net assets of $791,856.
Is Louison House Inc's revenue growing or declining?
Louison House Inc's revenue is growing. Revenue went from $1,018,530 (202209) to $1,721,094 (202309), a +69.0% change. Based on 13 filings on record.
What is Louison House Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Louison House Inc covers tax period 202309. It shows revenue of $1,721,094, expenses of $1,684,433, total assets of $791,856, and liabilities of $150,693.
How much does Louison House Inc spend on programs vs administration?
Based on IRS 990 analysis, Louison House Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Louison House Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Louison House Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Louison House Inc?
The following concerns were identified: Lack of readily available detailed financial statements and transparency reports.. Limited public information regarding governance practices and board oversight.. Significant fluctuations in assets and liabilities over the years without clear explanations in public filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Louison House Inc's strengths?
Positive indicators for Louison House Inc include: Consistently high percentage of expenses dedicated to program services (88% in 2023).. Demonstrated growth in revenue and assets over the past few years, indicating increasing capacity.. Addresses critical community needs in Adams, MA, as a homeless shelter and service provider.. These findings are derived from AI analysis of the organization's financial filings.
How does Louison House Inc compensate executives?
Executive compensation information is not publicly disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial increase in revenue from $483,184 in 2019 to $1,721,094 in 2023, what specific strategic initiatives or funding changes contributed to this significant growth?
The provided data does not detail the specific drivers of this revenue growth, but such an increase often indicates successful grant acquisition, expanded service contracts, or increased individual donations. Further investigation into their funding sources would be necessary.
With assets fluctuating from $273,5089 in 2021 to $791,856 in 2023, what factors explain these large swings, and how are these assets being managed to ensure long-term stability?
The data shows a significant drop in assets from 2021 to 2023. Without further context, it's difficult to pinpoint the exact reasons, but this could be due to asset utilization for program expansion, debt repayment, or reclassification of certain funds. A detailed balance sheet would clarify these movements.
Filing History
IRS 990 filing history for Louison House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Louison House Inc's revenue has grown by 391.5%, moving from $350K to $1.7M. Total assets increased by 254.5% over the same period, from $223K to $792K. Total functional expenses rose by 328.2%, from $393K to $1.7M. In its most recent filing year (2023), Louison House Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $151K in liabilities against $792K in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $641K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $792K | $151K | — | View 990 |
| 2022 | $1.0M | $922K | $587K | $66K | — | View 990 |
| 2021 | $933K | $767K | $2.7M | $1.8M | — | View 990 |
| 2020 | $569K | $548K | $1.6M | $1.3M | — | — |
| 2019 | $483K | $483K | $914K | $637K | — | View 990 |
| 2018 | $494K | $521K | $436K | $190K | — | View 990 |
| 2017 | $497K | $428K | $500K | $281K | — | View 990 |
| 2016 | $488K | $405K | $442K | $321K | — | View 990 |
| 2015 | $416K | $413K | $251K | $220K | — | View 990 |
| 2014 | $366K | $408K | $240K | $242K | — | View 990 |
| 2013 | $383K | $424K | $215K | $208K | — | View 990 |
| 2012 | $324K | $376K | $216K | $202K | — | View 990 |
| 2011 | $350K | $393K | $223K | $206K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $792K (revenue +69.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $922K, and assets of $587K (revenue +9.2% year-over-year).
- 2021: Revenue of $933K, expenses of $767K, and assets of $2.7M (revenue +63.9% year-over-year).
- 2020: Revenue of $569K, expenses of $548K, and assets of $1.6M (revenue +17.8% year-over-year).
- 2019: Revenue of $483K, expenses of $483K, and assets of $914K (revenue -2.2% year-over-year).
- 2018: Revenue of $494K, expenses of $521K, and assets of $436K (revenue -0.5% year-over-year).
- 2017: Revenue of $497K, expenses of $428K, and assets of $500K (revenue +1.8% year-over-year).
- 2016: Revenue of $488K, expenses of $405K, and assets of $442K (revenue +17.3% year-over-year).
- 2015: Revenue of $416K, expenses of $413K, and assets of $251K (revenue +13.6% year-over-year).
- 2014: Revenue of $366K, expenses of $408K, and assets of $240K (revenue -4.5% year-over-year).
- 2013: Revenue of $383K, expenses of $424K, and assets of $215K (revenue +18.2% year-over-year).
- 2012: Revenue of $324K, expenses of $376K, and assets of $216K (revenue -7.4% year-over-year).
- 2011: Revenue of $350K, expenses of $393K, and assets of $223K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louison House Inc:
Data Sources and Methodology
This transparency report for Louison House 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.