Milne Asylum For Destitute Orphan Boys
EIN: 237163122 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $280K |
| Total Expenses | $44K |
| Net Assets | $4.4M |
Is Milne Asylum For Destitute Orphan Boys Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milne Asylum For Destitute Orphan Boys
Milne Asylum For Destitute Orphan Boys (EIN: 237163122) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $280K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milne Asylum For Destitute Orphan Boys's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milne Asylum For Destitute Orphan Boys is a small nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $44K |
| Surplus / Deficit | +$132K |
| Total Assets | $4.4M |
| Net Assets | $4.4M |
| Operating Margin | 75.2% |
| Months of Reserves | 1215.1 months |
Financial Health Grade: A
In 2022, Milne Asylum For Destitute Orphan Boys reported a surplus of $132K with revenue exceeding expenses, holds 1215.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Milne Asylum For Destitute Orphan Boys's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -61.8% | -5.7% | +3.1% |
| 2021 | +321.4% | +18.4% | +10.7% |
| 2020 | -50.1% | -25.3% | +1.8% |
| 2019 | -59.8% | +32.8% | +4.6% |
| 2018 | +125.3% | +15.6% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milne Asylum For Destitute Orphan Boys 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 Milne Asylum For Destitute Orphan Boys 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $132K, with revenue exceeding expenses.
Frequently Asked Questions about Milne Asylum For Destitute Orphan Boys
Is Milne Asylum For Destitute Orphan Boys a legitimate charity?
Milne Asylum For Destitute Orphan Boys (EIN: 237163122) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $280K. No red flags identified. Financial health grade: A.
How does Milne Asylum For Destitute Orphan Boys spend its money?
Milne Asylum For Destitute Orphan Boys reported $280K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Milne Asylum For Destitute Orphan Boys tax-deductible?
Milne Asylum For Destitute Orphan Boys is registered as a tax-exempt nonprofit (EIN: 237163122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milne Asylum For Destitute Orphan Boys located?
Milne Asylum For Destitute Orphan Boys is headquartered in New Orleans, Louisiana and files with the IRS under EIN 237163122.
How many years of IRS 990 filings does Milne Asylum For Destitute Orphan Boys have?
Milne Asylum For Destitute Orphan Boys 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 $280K in total revenue.
Filing History
IRS 990 filing history for Milne Asylum For Destitute Orphan Boys showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Milne Asylum For Destitute Orphan Boys's revenue has grown by 0.1%, moving from $176K to $176K. Total assets increased by 98.1% over the same period, from $2.2M to $4.4M. Total functional expenses rose by 37.7%, from $32K to $44K. In its most recent filing year (2022), Milne Asylum For Destitute Orphan Boys reported a surplus of $132K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $176K | $44K | $4.4M | $0 | — | View 990 |
| 2021 | $460K | $46K | $4.3M | $0 | — | View 990 |
| 2020 | $109K | $39K | $3.9M | $0 | — | — |
| 2019 | $219K | $52K | $3.8M | $0 | — | View 990 |
| 2018 | $544K | $39K | $3.6M | $0 | — | View 990 |
| 2017 | $241K | $34K | $3.1M | $0 | — | View 990 |
| 2016 | $242K | $31K | $2.9M | $0 | — | View 990 |
| 2015 | $155K | $30K | $2.7M | $0 | — | View 990 |
| 2014 | $189K | $36K | $2.6M | $0 | — | View 990 |
| 2013 | $127K | $24K | $2.4M | $0 | — | View 990 |
| 2012 | $121K | $23K | $2.3M | $0 | — | View 990 |
| 2011 | $176K | $32K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $176K, expenses of $44K, and assets of $4.4M (revenue -61.8% year-over-year).
- 2021: Revenue of $460K, expenses of $46K, and assets of $4.3M (revenue +321.4% year-over-year).
- 2020: Revenue of $109K, expenses of $39K, and assets of $3.9M (revenue -50.1% year-over-year).
- 2019: Revenue of $219K, expenses of $52K, and assets of $3.8M (revenue -59.8% year-over-year).
- 2018: Revenue of $544K, expenses of $39K, and assets of $3.6M (revenue +125.3% year-over-year).
- 2017: Revenue of $241K, expenses of $34K, and assets of $3.1M (revenue -0.4% year-over-year).
- 2016: Revenue of $242K, expenses of $31K, and assets of $2.9M (revenue +55.9% year-over-year).
- 2015: Revenue of $155K, expenses of $30K, and assets of $2.7M (revenue -17.8% year-over-year).
- 2014: Revenue of $189K, expenses of $36K, and assets of $2.6M (revenue +49.3% year-over-year).
- 2013: Revenue of $127K, expenses of $24K, and assets of $2.4M (revenue +4.3% year-over-year).
- 2012: Revenue of $121K, expenses of $23K, and assets of $2.3M (revenue -30.9% year-over-year).
- 2011: Revenue of $176K, expenses of $32K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milne Asylum For Destitute Orphan Boys:
Data Sources and Methodology
This transparency report for Milne Asylum For Destitute Orphan Boys 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.