Optimist Leukemia Foundation Of Louisiana Inc
EIN: 720780934 · Bossier City, LA
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $11K |
| Net Assets | $29K |
Is Optimist Leukemia Foundation Of Louisiana Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Optimist Leukemia Foundation Of Louisiana Inc
Optimist Leukemia Foundation Of Louisiana Inc (EIN: 720780934) is a nonprofit organization based in Bossier City, LA. The organization reported total revenue of $6K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Optimist Leukemia Foundation Of Louisiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Optimist Leukemia Foundation Of Louisiana Inc is a micro nonprofit that has been operating for 52 years, with 9 years of IRS 990 filings on record (2010–2020). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $11K |
| Surplus / Deficit | $-4,237 |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | -66.9% |
| Months of Reserves | 32.5 months |
Financial Health Grade: B
In 2020, Optimist Leukemia Foundation Of Louisiana Inc reported a deficit of $4K with expenses exceeding revenue, holds 32.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2010–2020), Optimist Leukemia Foundation Of Louisiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -13.4% | -15.5% | -65.4% |
| 2019 | -7.2% | +28.5% | -5.9% |
| 2018 | -41.1% | +56.9% | +12.2% |
| 2016 | -23.8% | -61.9% | +11.8% |
| 2015 | +28.6% | -48.3% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Optimist Leukemia Foundation Of Louisiana Inc 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 Optimist Leukemia Foundation Of Louisiana Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Optimist Leukemia Foundation Of Louisiana Inc
Is Optimist Leukemia Foundation Of Louisiana Inc a legitimate charity?
Optimist Leukemia Foundation Of Louisiana Inc (EIN: 720780934) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. Financial health grade: B.
How does Optimist Leukemia Foundation Of Louisiana Inc spend its money?
Optimist Leukemia Foundation Of Louisiana Inc reported $6K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Optimist Leukemia Foundation Of Louisiana Inc tax-deductible?
Optimist Leukemia Foundation Of Louisiana Inc is registered as a tax-exempt nonprofit (EIN: 720780934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Optimist Leukemia Foundation Of Louisiana Inc located?
Optimist Leukemia Foundation Of Louisiana Inc is headquartered in Bossier City, Louisiana and files with the IRS under EIN 720780934.
How many years of IRS 990 filings does Optimist Leukemia Foundation Of Louisiana Inc have?
Optimist Leukemia Foundation Of Louisiana Inc has 9 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 $6K in total revenue.
Filing History
IRS 990 filing history for Optimist Leukemia Foundation Of Louisiana Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2020), Optimist Leukemia Foundation Of Louisiana Inc's revenue has grown by 23.8%, moving from $5K to $6K. Total assets decreased by 80.6% over the same period, from $148K to $29K. Total functional expenses rose by 41.2%, from $7K to $11K. In its most recent filing year (2020), Optimist Leukemia Foundation Of Louisiana Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $6K | $11K | $29K | $0 | — | View 990 |
| 2019 | $7K | $13K | $83K | $0 | — | View 990 |
| 2018 | $8K | $10K | $88K | $0 | — | View 990 |
| 2016 | $13K | $6K | $79K | $0 | — | View 990 |
| 2015 | $18K | $16K | $70K | $0 | — | View 990 |
| 2014 | $14K | $32K | $69K | $0 | — | View 990 |
| 2012 | $7K | $33K | $115K | $0 | — | View 990 |
| 2011 | $13K | $20K | $141K | $0 | — | View 990 |
| 2010 | $5K | $7K | $148K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $6K, expenses of $11K, and assets of $29K (revenue -13.4% year-over-year).
- 2019: Revenue of $7K, expenses of $13K, and assets of $83K (revenue -7.2% year-over-year).
- 2018: Revenue of $8K, expenses of $10K, and assets of $88K (revenue -41.1% year-over-year).
- 2016: Revenue of $13K, expenses of $6K, and assets of $79K (revenue -23.8% year-over-year).
- 2015: Revenue of $18K, expenses of $16K, and assets of $70K (revenue +28.6% year-over-year).
- 2014: Revenue of $14K, expenses of $32K, and assets of $69K (revenue +87.3% year-over-year).
- 2012: Revenue of $7K, expenses of $33K, and assets of $115K (revenue -42.9% year-over-year).
- 2011: Revenue of $13K, expenses of $20K, and assets of $141K (revenue +149.7% year-over-year).
- 2010: Revenue of $5K, expenses of $7K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Optimist Leukemia Foundation Of Louisiana Inc:
Data Sources and Methodology
This transparency report for Optimist Leukemia Foundation Of Louisiana Inc 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.