Louvis Services
EIN: 471553898 · New Orleans, LA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $12K |
| Net Assets | $136K |
Is Louvis Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louvis Services
Louvis Services (EIN: 471553898) is a nonprofit organization based in New Orleans, LA, classified under NTEE code L20. The organization reported total revenue of $110K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louvis Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louvis Services is a small nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 535.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $12K |
| Surplus / Deficit | +$80K |
| Total Assets | $304K |
| Total Liabilities | $169K |
| Net Assets | $136K |
| Operating Margin | 87.3% |
| Debt-to-Asset Ratio | 55.5% |
| Months of Reserves | 312.6 months |
Financial Health Grade: A
In 2023, Louvis Services reported a surplus of $80K with revenue exceeding expenses, holds 312.6 months of operating reserves (strong position), has a debt-to-asset ratio of 55.5% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Louvis Services's revenue has grown at a compound annual growth rate (CAGR) of 535.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +535.3% | +592.9% | +452.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louvis Services 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 Louvis Services 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:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.5%.
Frequently Asked Questions about Louvis Services
Is Louvis Services a legitimate charity?
Louvis Services (EIN: 471553898) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: A.
How does Louvis Services spend its money?
Louvis Services reported $110K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louvis Services tax-deductible?
Louvis Services is registered as a tax-exempt nonprofit (EIN: 471553898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louvis Services located?
Louvis Services is headquartered in New Orleans, Louisiana and files with the IRS under EIN 471553898. It is classified under NTEE code L20.
How many years of IRS 990 filings does Louvis Services have?
Louvis Services has 2 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 $110K in total revenue.
Filing History
IRS 990 filing history for Louvis Services showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Louvis Services's revenue has grown by 535.3%, moving from $15K to $92K. Total assets increased by 452.5% over the same period, from $55K to $304K. Total functional expenses rose by 592.9%, from $2K to $12K. In its most recent filing year (2023), Louvis Services reported a surplus of $80K, with revenue exceeding expenses. The organization holds $169K in liabilities against $304K in assets (debt-to-asset ratio: 55.5%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $12K | $304K | $169K | — | View 990 |
| 2022 | $15K | $2K | $55K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louvis Services:
Data Sources and Methodology
This transparency report for Louvis Services 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.