Ouachita African American Historical Society
EIN: 721249978 · Monroe, LA · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $289K |
| Net Assets | $1.7M |
Is Ouachita African American Historical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ouachita African American Historical Society
Ouachita African American Historical Society (EIN: 721249978) is a nonprofit organization based in Monroe, LA, classified under NTEE code A50. The organization reported total revenue of $301K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ouachita African American Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ouachita African American Historical Society is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $289K |
| Surplus / Deficit | $-65,848 |
| Total Assets | $1.8M |
| Total Liabilities | $85K |
| Net Assets | $1.7M |
| Operating Margin | -29.6% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 75.2 months |
Financial Health Grade: B
In 2023, Ouachita African American Historical Society reported a deficit of $66K with expenses exceeding revenue, holds 75.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ouachita African American Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.5% | +8.0% | -3.3% |
| 2022 | -22.6% | -12.0% | -5.3% |
| 2021 | +165.6% | +57.3% | -4.9% |
| 2020 | -15.4% | +4.8% | -1.7% |
| 2019 | +38.9% | +5.1% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ouachita African American Historical Society 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 Ouachita African American Historical Society 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 deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Ouachita African American Historical Society
Is Ouachita African American Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Ouachita African American Historical Society (EIN: 721249978) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ouachita African American Historical Society spend its money?
Detailed spending breakdown data is not yet available for Ouachita African American Historical Society. Check back for updated IRS 990 analysis.
Are donations to Ouachita African American Historical Society tax-deductible?
Ouachita African American Historical Society is registered as a tax-exempt nonprofit (EIN: 721249978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ouachita African American Historical Society located?
Ouachita African American Historical Society is headquartered in Monroe, Louisiana and files with the IRS under EIN 721249978. It is classified under NTEE code A50.
How many years of IRS 990 filings does Ouachita African American Historical Society have?
Ouachita African American Historical Society 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 $301K in total revenue.
Filing History
IRS 990 filing history for Ouachita African American Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ouachita African American Historical Society's revenue has declined by 86.9%, moving from $1.7M to $223K. Total assets decreased by 37.1% over the same period, from $2.9M to $1.8M. Total functional expenses rose by 218.2%, from $91K to $289K. In its most recent filing year (2023), Ouachita African American Historical Society reported a deficit of $66K, with expenses exceeding revenue. The organization holds $85K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $289K | $1.8M | $85K | — | — |
| 2022 | $164K | $267K | $1.9M | $80K | — | View 990 |
| 2021 | $212K | $303K | $2.0M | $82K | — | View 990 |
| 2020 | $80K | $193K | $2.1M | $80K | — | — |
| 2019 | $95K | $184K | $2.1M | $0 | — | View 990 |
| 2018 | $68K | $175K | $2.2M | $0 | — | View 990 |
| 2017 | $55K | $158K | $2.3M | $0 | — | View 990 |
| 2016 | $65K | $161K | $2.4M | $0 | — | View 990 |
| 2015 | $70K | $172K | $2.5M | $946 | — | View 990 |
| 2014 | $85K | $183K | $2.6M | $4K | — | View 990 |
| 2013 | $77K | $212K | $2.7M | $5K | — | View 990 |
| 2012 | $198K | $176K | $2.9M | $27K | — | View 990 |
| 2011 | $1.7M | $91K | $2.9M | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $289K, and assets of $1.8M (revenue +35.5% year-over-year).
- 2022: Revenue of $164K, expenses of $267K, and assets of $1.9M (revenue -22.6% year-over-year).
- 2021: Revenue of $212K, expenses of $303K, and assets of $2.0M (revenue +165.6% year-over-year).
- 2020: Revenue of $80K, expenses of $193K, and assets of $2.1M (revenue -15.4% year-over-year).
- 2019: Revenue of $95K, expenses of $184K, and assets of $2.1M (revenue +38.9% year-over-year).
- 2018: Revenue of $68K, expenses of $175K, and assets of $2.2M (revenue +24.2% year-over-year).
- 2017: Revenue of $55K, expenses of $158K, and assets of $2.3M (revenue -15.2% year-over-year).
- 2016: Revenue of $65K, expenses of $161K, and assets of $2.4M (revenue -7.7% year-over-year).
- 2015: Revenue of $70K, expenses of $172K, and assets of $2.5M (revenue -17.2% year-over-year).
- 2014: Revenue of $85K, expenses of $183K, and assets of $2.6M (revenue +10.0% year-over-year).
- 2013: Revenue of $77K, expenses of $212K, and assets of $2.7M (revenue -61.2% year-over-year).
- 2012: Revenue of $198K, expenses of $176K, and assets of $2.9M (revenue -88.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $91K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ouachita African American Historical Society:
Data Sources and Methodology
This transparency report for Ouachita African American Historical Society 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.