Offshore Service Vessel Dynamic Positioning Authority
EIN: 465075710 · New Orleans, LA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $12K |
| Net Assets | $-538,932 |
Is Offshore Service Vessel Dynamic Positioning Authority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Offshore Service Vessel Dynamic Positioning Authority
Offshore Service Vessel Dynamic Positioning Authority (EIN: 465075710) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S40. The organization reported total revenue of $66K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Offshore Service Vessel Dynamic Positioning Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Offshore Service Vessel Dynamic Positioning Authority is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 127.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $12K |
| Surplus / Deficit | +$27K |
| Total Assets | $72K |
| Total Liabilities | $611K |
| Net Assets | $-538,932 |
| Operating Margin | 69.6% |
| Debt-to-Asset Ratio | 846.2% |
| Months of Reserves | 72.7 months |
Financial Health Grade: A
In 2023, Offshore Service Vessel Dynamic Positioning Authority reported a surplus of $27K with revenue exceeding expenses, holds 72.7 months of operating reserves (strong position), has a debt-to-asset ratio of 846.2% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Offshore Service Vessel Dynamic Positioning Authority's revenue has grown at a compound annual growth rate (CAGR) of 127.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.9% | -22.9% | +60.5% |
| 2022 | -32.5% | -76.3% | +7.6% |
| 2021 | +23.1% | -11.5% | -4.9% |
| 2020 | -53.8% | -15.8% | +41.7% |
| 2019 | +8.6% | -11.1% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Offshore Service Vessel Dynamic Positioning Authority 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 Offshore Service Vessel Dynamic Positioning Authority 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 846.2%.
Frequently Asked Questions about Offshore Service Vessel Dynamic Positioning Authority
Is Offshore Service Vessel Dynamic Positioning Authority a legitimate charity?
Based on AI analysis of IRS 990 filings, Offshore Service Vessel Dynamic Positioning Authority (EIN: 465075710) insufficient data. 0 red flags identified, 0 strengths noted.
How does Offshore Service Vessel Dynamic Positioning Authority spend its money?
Detailed spending breakdown data is not yet available for Offshore Service Vessel Dynamic Positioning Authority. Check back for updated IRS 990 analysis.
Are donations to Offshore Service Vessel Dynamic Positioning Authority tax-deductible?
Offshore Service Vessel Dynamic Positioning Authority is registered as a tax-exempt nonprofit (EIN: 465075710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Offshore Service Vessel Dynamic Positioning Authority located?
Offshore Service Vessel Dynamic Positioning Authority is headquartered in New Orleans, Louisiana and files with the IRS under EIN 465075710. It is classified under NTEE code S40.
How many years of IRS 990 filings does Offshore Service Vessel Dynamic Positioning Authority have?
Offshore Service Vessel Dynamic Positioning Authority has 10 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 $66K in total revenue.
Filing History
IRS 990 filing history for Offshore Service Vessel Dynamic Positioning Authority showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Offshore Service Vessel Dynamic Positioning Authority's revenue has grown by 162941.7%, moving from $24 to $39K. Total assets increased by 6.4% over the same period, from $68K to $72K. Total functional expenses fell by 91.7%, from $143K to $12K. In its most recent filing year (2023), Offshore Service Vessel Dynamic Positioning Authority reported a surplus of $27K, with revenue exceeding expenses. The organization holds $611K in liabilities against $72K in assets (debt-to-asset ratio: 846.2%), resulting in net assets of $-538,932.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $12K | $72K | $611K | — | — |
| 2022 | $27K | $15K | $45K | $611K | — | View 990 |
| 2021 | $40K | $65K | $42K | $619K | — | View 990 |
| 2020 | $32K | $74K | $44K | $588K | — | — |
| 2019 | $70K | $88K | $31K | $534K | — | View 990 |
| 2018 | $64K | $99K | $25K | $510K | — | View 990 |
| 2017 | $57K | $120K | $21K | $472K | — | View 990 |
| 2016 | $51K | $137K | $16K | $403K | — | View 990 |
| 2015 | $831 | $160K | $35K | $337K | — | View 990 |
| 2014 | $24 | $143K | $68K | $211K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $12K, and assets of $72K (revenue +45.9% year-over-year).
- 2022: Revenue of $27K, expenses of $15K, and assets of $45K (revenue -32.5% year-over-year).
- 2021: Revenue of $40K, expenses of $65K, and assets of $42K (revenue +23.1% year-over-year).
- 2020: Revenue of $32K, expenses of $74K, and assets of $44K (revenue -53.8% year-over-year).
- 2019: Revenue of $70K, expenses of $88K, and assets of $31K (revenue +8.6% year-over-year).
- 2018: Revenue of $64K, expenses of $99K, and assets of $25K (revenue +12.7% year-over-year).
- 2017: Revenue of $57K, expenses of $120K, and assets of $21K (revenue +11.8% year-over-year).
- 2016: Revenue of $51K, expenses of $137K, and assets of $16K (revenue +6051.4% year-over-year).
- 2015: Revenue of $831, expenses of $160K, and assets of $35K (revenue +3362.5% year-over-year).
- 2014: Revenue of $24, expenses of $143K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Offshore Service Vessel Dynamic Positioning Authority:
Data Sources and Methodology
This transparency report for Offshore Service Vessel Dynamic Positioning Authority 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.