Nsu Facilities Corporation
Nsu Facilities Corporation faces long-term financial strain with declining assets and increasing liabilities, despite recent revenue surplus.
EIN: 202836756 · Thibodaux, LA · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $5.6M |
| Program Spending | 80% |
| Net Assets | $-8,055,942 |
| Transparency Score | 60/100 |
Is Nsu Facilities Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nsu Facilities Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nsu Facilities Corporation
Nsu Facilities Corporation (EIN: 202836756) is a nonprofit organization based in Thibodaux, LA, classified under NTEE code B114. The organization reported total revenue of $5.8M and total assets of $35.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nsu Facilities Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nsu Facilities Corporation is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$828K |
| Total Assets | $41.2M |
| Total Liabilities | $49.3M |
| Net Assets | $-8,055,942 |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 119.6% |
| Months of Reserves | 87.9 months |
Financial Health Grade: A
In 2024, Nsu Facilities Corporation reported a surplus of $828K with revenue exceeding expenses, holds 87.9 months of operating reserves (strong position), has a debt-to-asset ratio of 119.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Nsu Facilities Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.7% | -8.0% | -4.1% |
| 2023 | +2.6% | -0.6% | -5.8% |
| 2022 | +5.0% | -2.9% | -5.8% |
| 2021 | -5.6% | -2.1% | -5.1% |
| 2020 | -1.0% | -2.4% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nsu Facilities Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Nsu Facilities Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $828K, with revenue exceeding expenses.
- Debt-to-asset ratio: 119.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization, which is a strong positive for financial transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nsu Facilities Corporation's IRS 990 filings:
- Consistent negative net income over multiple years (e.g., 2015-2023), indicating unsustainable spending.
- Significant decline in total assets from $68.5M in 2015 to $41.2M in 2024.
- High and increasing liabilities relative to assets, suggesting potential solvency issues (e.g., liabilities of $49.2M against assets of $41.2M in 2024).
Strengths
The following positive indicators were identified for Nsu Facilities Corporation:
- Excellent transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Recent positive net income in 202406 ($6,456,930 revenue vs. $5,628,453 expenses) indicates a potential shift in financial management.
Frequently Asked Questions about Nsu Facilities Corporation
Is Nsu Facilities Corporation a legitimate charity?
Nsu Facilities Corporation (EIN: 202836756) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.8M. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Nsu Facilities Corporation spend its money?
Nsu Facilities Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nsu Facilities Corporation tax-deductible?
Nsu Facilities Corporation is registered as a tax-exempt nonprofit (EIN: 202836756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nsu Facilities Corporation's spending goes to programs?
Nsu Facilities Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nsu Facilities Corporation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Nsu Facilities Corporation is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nsu Facilities Corporation located?
Nsu Facilities Corporation is headquartered in Thibodaux, Louisiana and files with the IRS under EIN 202836756. It is classified under NTEE code B114.
How many years of IRS 990 filings does Nsu Facilities Corporation have?
Nsu Facilities Corporation has 14 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 $5.8M in total revenue.
Is Nsu Facilities Corporation financially sustainable in the long term?
The organization has consistently spent more than its revenue for many years, leading to a significant decline in assets from $68.5M in 2015 to $41.2M in 2024, and an increase in liabilities. While the 202406 period showed a surplus, the long-term trend suggests financial unsustainability without significant changes.
What is the primary cause of the increasing liabilities?
The data indicates that expenses have frequently exceeded revenue, contributing to a growing deficit that likely necessitates borrowing or other financial instruments, leading to increased liabilities. For example, in 201806, expenses were $7,068,138 against revenue of $5,635,633.
How does the lack of officer compensation impact the organization?
The 0% officer compensation is a positive sign for transparency and suggests that funds are not being diverted to high executive salaries, potentially allowing more resources to be directed towards the organization's mission.
What is the organization's strategy to reverse the trend of declining assets?
The provided data does not detail specific strategies, but the consistent decline in assets from $68.5M in 2015 to $41.2M in 2024 indicates a need for a robust plan to increase revenue or significantly reduce expenses to rebuild its asset base.
What is the NTEE code B114 and how does it relate to the financial situation?
NTEE code B114 typically refers to 'Higher Education Facilities'. Organizations in this category often manage significant infrastructure and debt, which could explain the high liabilities and the challenges in maintaining a positive net income, especially if revenue streams are not keeping pace with facility maintenance and operational costs.
Filing History
IRS 990 filing history for Nsu Facilities Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Nsu Facilities Corporation's revenue has grown by 28.4%, moving from $5.0M to $6.5M. Total assets decreased by 45.5% over the same period, from $75.7M to $41.2M. Total functional expenses rose by 1%, from $5.6M to $5.6M. In its most recent filing year (2024), Nsu Facilities Corporation reported a surplus of $828K, with revenue exceeding expenses. The organization holds $49.3M in liabilities against $41.2M in assets (debt-to-asset ratio: 119.6%), resulting in net assets of $-8,055,942.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6.5M | $5.6M | $41.2M | $49.3M | — | View 990 |
| 2023 | $6.1M | $6.1M | $43.0M | $52.7M | — | View 990 |
| 2022 | $5.9M | $6.2M | $45.6M | $57.5M | — | View 990 |
| 2021 | $5.7M | $6.3M | $48.4M | $65.0M | — | View 990 |
| 2020 | $6.0M | $6.5M | $51.0M | $70.0M | — | View 990 |
| 2019 | $6.1M | $6.6M | $53.9M | $68.6M | — | View 990 |
| 2018 | $5.6M | $7.1M | $56.9M | $68.7M | — | — |
| 2017 | $6.1M | $6.9M | $60.2M | $73.0M | — | View 990 |
| 2016 | $5.8M | $7.2M | $65.5M | $67.0M | — | View 990 |
| 2015 | $6.6M | $6.8M | $68.6M | $68.7M | — | View 990 |
| 2014 | $5.6M | $6.5M | $70.5M | $70.4M | — | View 990 |
| 2013 | $6.1M | $5.6M | $73.1M | $72.1M | — | View 990 |
| 2012 | $5.8M | $5.9M | $75.1M | $74.7M | — | View 990 |
| 2011 | $5.0M | $5.6M | $75.7M | $75.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6.5M, expenses of $5.6M, and assets of $41.2M (revenue +5.7% year-over-year).
- 2023: Revenue of $6.1M, expenses of $6.1M, and assets of $43.0M (revenue +2.6% year-over-year).
- 2022: Revenue of $5.9M, expenses of $6.2M, and assets of $45.6M (revenue +5.0% year-over-year).
- 2021: Revenue of $5.7M, expenses of $6.3M, and assets of $48.4M (revenue -5.6% year-over-year).
- 2020: Revenue of $6.0M, expenses of $6.5M, and assets of $51.0M (revenue -1.0% year-over-year).
- 2019: Revenue of $6.1M, expenses of $6.6M, and assets of $53.9M (revenue +7.6% year-over-year).
- 2018: Revenue of $5.6M, expenses of $7.1M, and assets of $56.9M (revenue -6.9% year-over-year).
- 2017: Revenue of $6.1M, expenses of $6.9M, and assets of $60.2M (revenue +3.8% year-over-year).
- 2016: Revenue of $5.8M, expenses of $7.2M, and assets of $65.5M (revenue -10.9% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.8M, and assets of $68.6M (revenue +16.4% year-over-year).
- 2014: Revenue of $5.6M, expenses of $6.5M, and assets of $70.5M (revenue -7.8% year-over-year).
- 2013: Revenue of $6.1M, expenses of $5.6M, and assets of $73.1M (revenue +4.7% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.9M, and assets of $75.1M (revenue +15.9% year-over-year).
- 2011: Revenue of $5.0M, expenses of $5.6M, and assets of $75.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nsu Facilities Corporation:
Data Sources and Methodology
This transparency report for Nsu Facilities Corporation 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.