Nwlar Foundation
Nwlar Foundation maintains stable assets despite minimal revenue and occasional deficit spending.
EIN: 204037441 · Shreveport, LA · NTEE: I80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $1K |
| Program Spending | 80% |
| Net Assets | $21K |
| Transparency Score | 70/100 |
Is Nwlar Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nwlar Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nwlar Foundation
Nwlar Foundation (EIN: 204037441) is a nonprofit organization based in Shreveport, LA, classified under NTEE code I80. The organization reported total revenue of $13K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nwlar Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nwlar Foundation is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -28.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $11 |
| Total Expenses | $1K |
| Surplus / Deficit | $-1,208 |
| Total Assets | $22K |
| Total Liabilities | $2K |
| Net Assets | $21K |
| Operating Margin | -10981.8% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 217.9 months |
Financial Health Grade: B
In 2022, Nwlar Foundation reported a deficit of $1K with expenses exceeding revenue, holds 217.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2022), Nwlar Foundation's revenue has declined at a compound annual growth rate (CAGR) of -28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -99.0% | -81.2% | +0.1% |
| 2021 | +7360.0% | +160.0% | -18.7% |
| 2020 | +0.0% | — | -8.4% |
| 2019 | -97.1% | — | +0.1% |
| 2018 | -81.8% | -100.0% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Nwlar Foundation with a Mission Score of 70 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, Nwlar Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly favorable for an organization of this size and revenue level.
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 Nwlar Foundation's IRS 990 filings:
- Consistent low revenue, with the latest at $13,079, which limits potential impact.
- Expenses frequently exceed revenue, such as in 2022 ($11 revenue, $1,219 expenses) and 2021 ($1,119 revenue, $6,500 expenses), indicating reliance on existing assets rather than sustainable income generation.
Strengths
The following positive indicators were identified for Nwlar Foundation:
- Zero officer compensation reported across all filings, indicating a volunteer-driven leadership and efficient use of funds.
- Stable asset base (around $20,000-$30,000) despite low revenue, providing a financial cushion.
- Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Nwlar Foundation
Is Nwlar Foundation a legitimate charity?
Nwlar Foundation (EIN: 204037441) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $13K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nwlar Foundation spend its money?
Nwlar Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nwlar Foundation tax-deductible?
Nwlar Foundation is registered as a tax-exempt nonprofit (EIN: 204037441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nwlar Foundation's spending goes to programs?
Nwlar Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nwlar Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Nwlar Foundation is above average for NTEE category I80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nwlar Foundation located?
Nwlar Foundation is headquartered in Shreveport, Louisiana and files with the IRS under EIN 204037441. It is classified under NTEE code I80.
How many years of IRS 990 filings does Nwlar Foundation have?
Nwlar Foundation 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 $13K in total revenue.
What are the specific programs or activities Nwlar Foundation engages in?
The provided IRS 990 data does not detail specific programs. Given the NTEE code I80 (which broadly covers 'Other Human Services'), and the very low revenue and expenses, it suggests either a very niche activity or a largely dormant status.
How does Nwlar Foundation cover expenses when revenue is significantly lower, such as in 2022 ($11 revenue vs. $1,219 expenses) or 2021 ($1,119 revenue vs. $6,500 expenses)?
The organization likely draws from its accumulated assets to cover expenses in years where expenditures exceed revenue. Its asset base has remained relatively stable, suggesting it has reserves to manage these fluctuations.
What is the long-term financial strategy given the pattern of low revenue and occasional deficit spending?
The data does not explicitly state a long-term financial strategy. However, the consistent asset base suggests a strategy of maintaining capital, possibly for future projects or as an endowment, rather than relying on annual fundraising for operational costs.
Filing History
IRS 990 filing history for Nwlar Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Nwlar Foundation's revenue has declined by 98.3%, moving from $635 to $11. Total assets decreased by 36.7% over the same period, from $35K to $22K. Total functional expenses fell by 75.2%, from $5K to $1K. In its most recent filing year (2022), Nwlar Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $2K in liabilities against $22K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $11 | $1K | $22K | $2K | — | View 990 |
| 2021 | $1K | $7K | $22K | $280 | — | — |
| 2020 | $15 | $3K | $27K | $0 | — | — |
| 2019 | $15 | $0 | $30K | $0 | — | View 990 |
| 2018 | $509 | $0 | $30K | $0 | — | View 990 |
| 2017 | $3K | $575 | $29K | $0 | — | View 990 |
| 2016 | $3K | $5K | $27K | $95 | — | View 990 |
| 2015 | $1K | $300 | $29K | $0 | — | View 990 |
| 2014 | $878 | $0 | $28K | $0 | — | View 990 |
| 2013 | $3K | $1 | $27K | $0 | — | View 990 |
| 2012 | $50 | $6 | $24K | $0 | — | View 990 |
| 2011 | $1K | $716 | $24K | $4K | — | View 990 |
| 2010 | $635 | $5K | $35K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $11, expenses of $1K, and assets of $22K (revenue -99.0% year-over-year).
- 2021: Revenue of $1K, expenses of $7K, and assets of $22K (revenue +7360.0% year-over-year).
- 2020: Revenue of $15, expenses of $3K, and assets of $27K (revenue +0.0% year-over-year).
- 2019: Revenue of $15, expenses of $0, and assets of $30K (revenue -97.1% year-over-year).
- 2018: Revenue of $509, expenses of $0, and assets of $30K (revenue -81.8% year-over-year).
- 2017: Revenue of $3K, expenses of $575, and assets of $29K (revenue +10.9% year-over-year).
- 2016: Revenue of $3K, expenses of $5K, and assets of $27K (revenue +124.1% year-over-year).
- 2015: Revenue of $1K, expenses of $300, and assets of $29K (revenue +28.5% year-over-year).
- 2014: Revenue of $878, expenses of $0, and assets of $28K (revenue -73.8% year-over-year).
- 2013: Revenue of $3K, expenses of $1, and assets of $27K (revenue +6604.0% year-over-year).
- 2012: Revenue of $50, expenses of $6, and assets of $24K (revenue -96.2% year-over-year).
- 2011: Revenue of $1K, expenses of $716, and assets of $24K (revenue +105.4% year-over-year).
- 2010: Revenue of $635, expenses of $5K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nwlar Foundation:
Data Sources and Methodology
This transparency report for Nwlar Foundation 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.