Made In New Orleans Foundation Inc
EIN: 274186342 · New Orleans, LA · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $184K |
| Total Expenses | $159K |
| Net Assets | $-47,596 |
Is Made In New Orleans Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Made In New Orleans Foundation Inc
Made In New Orleans Foundation Inc (EIN: 274186342) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P99. The organization reported total revenue of $184K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Made In New Orleans Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Made In New Orleans Foundation Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $159K |
| Surplus / Deficit | +$16K |
| Total Assets | $50K |
| Total Liabilities | $97K |
| Net Assets | $-47,596 |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 195.8% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Made In New Orleans Foundation Inc reported a surplus of $16K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 195.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Made In New Orleans Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | -14.9% | +18.3% |
| 2022 | -19.5% | -17.8% | -66.1% |
| 2021 | +136.1% | +10.3% | +30.9% |
| 2020 | +98.2% | +38.3% | -11.4% |
| 2019 | -48.2% | -6.3% | -49.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Made In New Orleans Foundation Inc 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 Made In New Orleans Foundation Inc 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 195.8%.
Frequently Asked Questions about Made In New Orleans Foundation Inc
Is Made In New Orleans Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Made In New Orleans Foundation Inc (EIN: 274186342) insufficient data. 0 red flags identified, 0 strengths noted.
How does Made In New Orleans Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Made In New Orleans Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Made In New Orleans Foundation Inc tax-deductible?
Made In New Orleans Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274186342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Made In New Orleans Foundation Inc located?
Made In New Orleans Foundation Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 274186342. It is classified under NTEE code P99.
How many years of IRS 990 filings does Made In New Orleans Foundation Inc have?
Made In New Orleans Foundation Inc 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 $184K in total revenue.
Filing History
IRS 990 filing history for Made In New Orleans Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Made In New Orleans Foundation Inc's revenue has grown by 228.3%, moving from $53K to $174K. Total assets increased by 64.9% over the same period, from $30K to $50K. Total functional expenses rose by 71.8%, from $92K to $159K. In its most recent filing year (2023), Made In New Orleans Foundation Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $97K in liabilities against $50K in assets (debt-to-asset ratio: 195.8%), resulting in net assets of $-47,596.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $159K | $50K | $97K | — | View 990 |
| 2022 | $172K | $186K | $42K | $103K | — | View 990 |
| 2021 | $213K | $227K | $124K | $156K | — | View 990 |
| 2020 | $90K | $206K | $95K | $118K | — | — |
| 2019 | $46K | $149K | $107K | $15K | — | View 990 |
| 2018 | $88K | $159K | $211K | $406 | — | View 990 |
| 2017 | $362K | $300K | $292K | $10K | — | View 990 |
| 2016 | $276K | $241K | $232K | $4K | — | View 990 |
| 2015 | $172K | $172K | $194K | $561 | — | View 990 |
| 2014 | $183K | $79K | $194K | $213 | — | View 990 |
| 2013 | $144K | $103K | $91K | $77 | — | View 990 |
| 2012 | $53K | $92K | $30K | $84 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $159K, and assets of $50K (revenue +1.5% year-over-year).
- 2022: Revenue of $172K, expenses of $186K, and assets of $42K (revenue -19.5% year-over-year).
- 2021: Revenue of $213K, expenses of $227K, and assets of $124K (revenue +136.1% year-over-year).
- 2020: Revenue of $90K, expenses of $206K, and assets of $95K (revenue +98.2% year-over-year).
- 2019: Revenue of $46K, expenses of $149K, and assets of $107K (revenue -48.2% year-over-year).
- 2018: Revenue of $88K, expenses of $159K, and assets of $211K (revenue -75.7% year-over-year).
- 2017: Revenue of $362K, expenses of $300K, and assets of $292K (revenue +31.5% year-over-year).
- 2016: Revenue of $276K, expenses of $241K, and assets of $232K (revenue +60.6% year-over-year).
- 2015: Revenue of $172K, expenses of $172K, and assets of $194K (revenue -6.1% year-over-year).
- 2014: Revenue of $183K, expenses of $79K, and assets of $194K (revenue +26.6% year-over-year).
- 2013: Revenue of $144K, expenses of $103K, and assets of $91K (revenue +172.0% year-over-year).
- 2012: Revenue of $53K, expenses of $92K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Made In New Orleans Foundation Inc:
Data Sources and Methodology
This transparency report for Made In New Orleans Foundation 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.