Oretha Castle Haley Boulevard Merchants And Business Association
Oretha Castle Haley Boulevard Merchants And Business Association shows fluctuating revenue but consistent zero officer compensation.
EIN: 201028637 · New Orleans, LA · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $13K |
| Program Spending | 80% |
| Net Assets | $29K |
| Transparency Score | 75/100 |
Is Oretha Castle Haley Boulevard Merchants And Business Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oretha Castle Haley Boulevard Merchants And Business Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oretha Castle Haley Boulevard Merchants And Business Association
Oretha Castle Haley Boulevard Merchants And Business Association (EIN: 201028637) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S30. The organization reported total revenue of $3K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oretha Castle Haley Boulevard Merchants And Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oretha Castle Haley Boulevard Merchants And Business Association is a micro nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $13K |
| Surplus / Deficit | +$14K |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | 51.8% |
| Months of Reserves | 27.8 months |
Financial Health Grade: A
In 2023, Oretha Castle Haley Boulevard Merchants And Business Association reported a surplus of $14K with revenue exceeding expenses, holds 27.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2009–2023), Oretha Castle Haley Boulevard Merchants And Business Association's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +774.7% | -8.1% | +86.2% |
| 2022 | -88.4% | -25.7% | -40.6% |
| 2021 | -20.6% | +31.4% | +38.5% |
| 2020 | -68.8% | -86.9% | +647.9% |
| 2019 | +236.5% | +21.2% | -95.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Oretha Castle Haley Boulevard Merchants And Business Association with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Oretha Castle Haley Boulevard Merchants And Business Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size.
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 Oretha Castle Haley Boulevard Merchants And Business Association's IRS 990 filings:
- Significant year-to-year revenue fluctuations, making financial planning potentially challenging (e.g., $104,568 in 2019 vs. $3,001 in 2022).
- Periods of deficit spending where expenses exceeded revenue (e.g., 2022: Revenue=$3,001, Expenses=$13,773).
Strengths
The following positive indicators were identified for Oretha Castle Haley Boulevard Merchants And Business Association:
- Consistent reporting of 0% officer compensation, indicating a volunteer-led organization and high transparency.
- No reported liabilities in recent years (2023, 2022, 2021, 2020), suggesting sound financial management.
- Positive net assets growth, reaching $29,364 in 2023, demonstrating an accumulation of resources.
- Positive financial performance in 2023 with revenue exceeding expenses ($26,251 vs. $12,656).
Frequently Asked Questions about Oretha Castle Haley Boulevard Merchants And Business Association
Is Oretha Castle Haley Boulevard Merchants And Business Association a legitimate charity?
Oretha Castle Haley Boulevard Merchants And Business Association (EIN: 201028637) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Oretha Castle Haley Boulevard Merchants And Business Association spend its money?
Oretha Castle Haley Boulevard Merchants And Business Association directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Oretha Castle Haley Boulevard Merchants And Business Association tax-deductible?
Oretha Castle Haley Boulevard Merchants And Business Association is registered as a tax-exempt nonprofit (EIN: 201028637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oretha Castle Haley Boulevard Merchants And Business Association's spending goes to programs?
Oretha Castle Haley Boulevard Merchants And Business Association directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oretha Castle Haley Boulevard Merchants And Business Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Oretha Castle Haley Boulevard Merchants And Business Association is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oretha Castle Haley Boulevard Merchants And Business Association located?
Oretha Castle Haley Boulevard Merchants And Business Association is headquartered in New Orleans, Louisiana and files with the IRS under EIN 201028637. It is classified under NTEE code S30.
How many years of IRS 990 filings does Oretha Castle Haley Boulevard Merchants And Business Association have?
Oretha Castle Haley Boulevard Merchants And Business Association 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 $3K in total revenue.
Is Oretha Castle Haley Boulevard Merchants And Business Association a good charity?
Based on the available data, the organization demonstrates good financial transparency, particularly with its consistent reporting of zero officer compensation. While revenue has fluctuated, recent years show a positive financial trend. A more detailed breakdown of program spending versus administrative costs would provide a clearer picture of its overall effectiveness.
How has the organization's financial health changed over time?
The organization has experienced significant fluctuations in revenue and expenses. For instance, revenue dropped from $104,568 in 2019 to $3,001 in 2022, before recovering to $26,251 in 2023. Despite these variations, assets have generally increased, reaching $29,364 in 2023, suggesting long-term financial resilience.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, meaning no salaries are paid to its officers or key employees. This indicates a volunteer-driven leadership structure and a strong commitment to directing funds towards its mission.
Filing History
IRS 990 filing history for Oretha Castle Haley Boulevard Merchants And Business Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2009–2023), Oretha Castle Haley Boulevard Merchants And Business Association's revenue has declined by 84.3%, moving from $167K to $26K. Total assets decreased by 44.5% over the same period, from $53K to $29K. Total functional expenses fell by 90.3%, from $130K to $13K. In its most recent filing year (2023), Oretha Castle Haley Boulevard Merchants And Business Association reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $13K | $29K | $0 | — | View 990 |
| 2022 | $3K | $14K | $16K | $0 | — | View 990 |
| 2021 | $26K | $19K | $27K | $0 | — | — |
| 2020 | $33K | $14K | $19K | $0 | — | — |
| 2019 | $105K | $107K | $3K | $4K | — | — |
| 2016 | $31K | $89K | $63K | $0 | — | View 990 |
| 2015 | $132K | $65K | $120K | $0 | — | View 990 |
| 2014 | $146K | $91K | $51K | $0 | — | View 990 |
| 2013 | $92K | $89K | $6K | $10K | — | View 990 |
| 2012 | $63K | $73K | $5K | $11K | — | View 990 |
| 2011 | $48K | $56K | $11K | $5K | — | View 990 |
| 2010 | $77K | $134K | $14K | $0 | — | View 990 |
| 2009 | $167K | $130K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $13K, and assets of $29K (revenue +774.7% year-over-year).
- 2022: Revenue of $3K, expenses of $14K, and assets of $16K (revenue -88.4% year-over-year).
- 2021: Revenue of $26K, expenses of $19K, and assets of $27K (revenue -20.6% year-over-year).
- 2020: Revenue of $33K, expenses of $14K, and assets of $19K (revenue -68.8% year-over-year).
- 2019: Revenue of $105K, expenses of $107K, and assets of $3K (revenue +236.5% year-over-year).
- 2016: Revenue of $31K, expenses of $89K, and assets of $63K (revenue -76.5% year-over-year).
- 2015: Revenue of $132K, expenses of $65K, and assets of $120K (revenue -9.5% year-over-year).
- 2014: Revenue of $146K, expenses of $91K, and assets of $51K (revenue +59.3% year-over-year).
- 2013: Revenue of $92K, expenses of $89K, and assets of $6K (revenue +45.8% year-over-year).
- 2012: Revenue of $63K, expenses of $73K, and assets of $5K (revenue +31.7% year-over-year).
- 2011: Revenue of $48K, expenses of $56K, and assets of $11K (revenue -37.6% year-over-year).
- 2010: Revenue of $77K, expenses of $134K, and assets of $14K (revenue -54.2% year-over-year).
- 2009: Revenue of $167K, expenses of $130K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oretha Castle Haley Boulevard Merchants And Business Association:
Data Sources and Methodology
This transparency report for Oretha Castle Haley Boulevard Merchants And Business Association 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.