Marquette Home Building And Improvement Association
EIN: 720880219 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $56K |
| Net Assets | $-39,605 |
Is Marquette Home Building And Improvement Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marquette Home Building And Improvement Association
Marquette Home Building And Improvement Association (EIN: 720880219) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $57K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marquette Home Building And Improvement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marquette Home Building And Improvement Association is a micro nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $56K |
| Surplus / Deficit | $-10,145 |
| Total Assets | $135K |
| Total Liabilities | $175K |
| Net Assets | $-39,605 |
| Operating Margin | -22.3% |
| Debt-to-Asset Ratio | 129.3% |
| Months of Reserves | 29.2 months |
Financial Health Grade: C
In 2023, Marquette Home Building And Improvement Association reported a deficit of $10K with expenses exceeding revenue, holds 29.2 months of operating reserves (strong position), has a debt-to-asset ratio of 129.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marquette Home Building And Improvement Association's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | +90.0% | -15.4% |
| 2022 | -6.3% | -58.1% | +4.3% |
| 2021 | +65.7% | -0.3% | -16.7% |
| 2020 | +118.8% | -5.7% | +10.5% |
| 2019 | -84.9% | -62.5% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marquette Home Building And Improvement Association 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 Marquette Home Building And Improvement Association 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 129.3%.
Frequently Asked Questions about Marquette Home Building And Improvement Association
Is Marquette Home Building And Improvement Association a legitimate charity?
Marquette Home Building And Improvement Association (EIN: 720880219) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $57K. No red flags identified. Financial health grade: C.
How does Marquette Home Building And Improvement Association spend its money?
Marquette Home Building And Improvement Association reported $57K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marquette Home Building And Improvement Association tax-deductible?
Marquette Home Building And Improvement Association is registered as a tax-exempt nonprofit (EIN: 720880219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marquette Home Building And Improvement Association located?
Marquette Home Building And Improvement Association is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720880219.
How many years of IRS 990 filings does Marquette Home Building And Improvement Association have?
Marquette Home Building And Improvement Association 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 $57K in total revenue.
Filing History
IRS 990 filing history for Marquette Home Building And Improvement Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marquette Home Building And Improvement Association's revenue has grown by 13.4%, moving from $40K to $45K. Total assets decreased by 17.2% over the same period, from $163K to $135K. Total functional expenses rose by 124.1%, from $25K to $56K. In its most recent filing year (2023), Marquette Home Building And Improvement Association reported a deficit of $10K, with expenses exceeding revenue. The organization holds $175K in liabilities against $135K in assets (debt-to-asset ratio: 129.3%), resulting in net assets of $-39,605.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45K | $56K | $135K | $175K | — | View 990 |
| 2022 | $49K | $29K | $160K | $189K | — | — |
| 2021 | $53K | $70K | $153K | $203K | — | — |
| 2020 | $32K | $70K | $184K | $217K | — | — |
| 2019 | $15K | $74K | $166K | $161K | — | View 990 |
| 2018 | $96K | $198K | $183K | $118K | — | — |
| 2017 | $35K | $25K | $169K | $3K | — | View 990 |
| 2016 | $31K | $23K | $159K | $3K | — | View 990 |
| 2015 | $25K | $26K | $147K | $0 | — | View 990 |
| 2014 | $24K | $26K | $149K | $0 | — | View 990 |
| 2013 | $27K | $30K | $151K | $0 | — | View 990 |
| 2012 | $28K | $37K | $154K | $0 | — | View 990 |
| 2011 | $40K | $25K | $163K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45K, expenses of $56K, and assets of $135K (revenue -8.2% year-over-year).
- 2022: Revenue of $49K, expenses of $29K, and assets of $160K (revenue -6.3% year-over-year).
- 2021: Revenue of $53K, expenses of $70K, and assets of $153K (revenue +65.7% year-over-year).
- 2020: Revenue of $32K, expenses of $70K, and assets of $184K (revenue +118.8% year-over-year).
- 2019: Revenue of $15K, expenses of $74K, and assets of $166K (revenue -84.9% year-over-year).
- 2018: Revenue of $96K, expenses of $198K, and assets of $183K (revenue +172.3% year-over-year).
- 2017: Revenue of $35K, expenses of $25K, and assets of $169K (revenue +12.6% year-over-year).
- 2016: Revenue of $31K, expenses of $23K, and assets of $159K (revenue +27.5% year-over-year).
- 2015: Revenue of $25K, expenses of $26K, and assets of $147K (revenue +1.0% year-over-year).
- 2014: Revenue of $24K, expenses of $26K, and assets of $149K (revenue -8.2% year-over-year).
- 2013: Revenue of $27K, expenses of $30K, and assets of $151K (revenue -3.8% year-over-year).
- 2012: Revenue of $28K, expenses of $37K, and assets of $154K (revenue -31.1% year-over-year).
- 2011: Revenue of $40K, expenses of $25K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marquette Home Building And Improvement Association:
Data Sources and Methodology
This transparency report for Marquette Home Building And Improvement Association 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.