New Orleans Speech & Hearing Center
EIN: 720443103 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.1M |
| Net Assets | $641K |
Is New Orleans Speech & Hearing Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Orleans Speech & Hearing Center
New Orleans Speech & Hearing Center (EIN: 720443103) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $2.5M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Orleans Speech & Hearing Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Orleans Speech & Hearing Center is a mid-size nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-93,221 |
| Total Assets | $1.2M |
| Total Liabilities | $603K |
| Net Assets | $641K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 48.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, New Orleans Speech & Hearing Center reported a deficit of $93K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Orleans Speech & Hearing Center's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | +5.7% | +21.5% |
| 2022 | +42.2% | +8.8% | -1.2% |
| 2021 | +25.1% | -3.9% | +29.8% |
| 2020 | -21.4% | +0.3% | -6.5% |
| 2019 | -10.4% | +1.3% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Orleans Speech & Hearing Center 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 New Orleans Speech & Hearing Center 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.5%.
Frequently Asked Questions about New Orleans Speech & Hearing Center
Is New Orleans Speech & Hearing Center a legitimate charity?
New Orleans Speech & Hearing Center (EIN: 720443103) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: B.
How does New Orleans Speech & Hearing Center spend its money?
New Orleans Speech & Hearing Center reported $2.5M 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 New Orleans Speech & Hearing Center tax-deductible?
New Orleans Speech & Hearing Center is registered as a tax-exempt nonprofit (EIN: 720443103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Orleans Speech & Hearing Center located?
New Orleans Speech & Hearing Center is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720443103.
How many years of IRS 990 filings does New Orleans Speech & Hearing Center have?
New Orleans Speech & Hearing Center 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for New Orleans Speech & Hearing Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Orleans Speech & Hearing Center's revenue has grown by 50.5%, moving from $1.3M to $2.0M. Total assets increased by 130.7% over the same period, from $539K to $1.2M. Total functional expenses rose by 67.4%, from $1.3M to $2.1M. In its most recent filing year (2023), New Orleans Speech & Hearing Center reported a deficit of $93K, with expenses exceeding revenue. The organization holds $603K in liabilities against $1.2M in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $641K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.1M | $1.2M | $603K | — | — |
| 2022 | $2.6M | $2.0M | $1.0M | $293K | — | View 990 |
| 2021 | $1.8M | $1.8M | $1.0M | $862K | — | — |
| 2020 | $1.4M | $1.9M | $798K | $608K | — | View 990 |
| 2019 | $1.8M | $1.9M | $854K | $143K | — | View 990 |
| 2018 | $2.1M | $1.9M | $940K | $126K | — | View 990 |
| 2017 | $1.7M | $1.8M | $783K | $153K | — | View 990 |
| 2016 | $1.7M | $1.7M | $817K | $128K | — | View 990 |
| 2015 | $1.8M | $1.7M | $859K | $141K | — | View 990 |
| 2014 | $1.6M | $1.6M | $759K | $127K | — | View 990 |
| 2013 | $1.5M | $1.5M | $765K | $142K | — | View 990 |
| 2012 | $1.6M | $1.4M | $749K | $129K | — | View 990 |
| 2011 | $1.3M | $1.3M | $539K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.1M, and assets of $1.2M (revenue -22.0% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.0M, and assets of $1.0M (revenue +42.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.8M, and assets of $1.0M (revenue +25.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.9M, and assets of $798K (revenue -21.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.9M, and assets of $854K (revenue -10.4% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $940K (revenue +20.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $783K (revenue -1.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $817K (revenue -2.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $859K (revenue +8.2% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $759K (revenue +9.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $765K (revenue -8.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $749K (revenue +22.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $539K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Orleans Speech & Hearing Center:
Data Sources and Methodology
This transparency report for New Orleans Speech & Hearing Center 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.