Park Timbers Homeowners Association
EIN: 720846182 · New Orleans, LA · NTEE: L50
| Metric | Value |
|---|---|
| Total Revenue | $146K |
| Total Expenses | $118K |
| Net Assets | $233K |
Is Park Timbers Homeowners Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park Timbers Homeowners Association
Park Timbers Homeowners Association (EIN: 720846182) is a nonprofit organization based in New Orleans, LA, classified under NTEE code L50. The organization reported total revenue of $146K and total assets of $275K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Timbers Homeowners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Timbers Homeowners Association is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $118K |
| Surplus / Deficit | +$21K |
| Total Assets | $233K |
| Total Liabilities | $124 |
| Net Assets | $233K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 23.7 months |
Financial Health Grade: A
In 2022, Park Timbers Homeowners Association reported a surplus of $21K with revenue exceeding expenses, holds 23.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Park Timbers Homeowners Association's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +22.1% | +7.5% | +9.5% |
| 2021 | +13.2% | +48.1% | +2.4% |
| 2020 | -15.9% | -42.6% | +14.6% |
| 2019 | -0.4% | +12.9% | -5.0% |
| 2018 | +10.9% | +16.8% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park Timbers Homeowners Association 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 Park Timbers Homeowners Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Park Timbers Homeowners Association
Is Park Timbers Homeowners Association a legitimate charity?
Park Timbers Homeowners Association (EIN: 720846182) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $146K. No red flags identified. Financial health grade: A.
How does Park Timbers Homeowners Association spend its money?
Park Timbers Homeowners Association reported $146K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Park Timbers Homeowners Association tax-deductible?
Park Timbers Homeowners Association is registered as a tax-exempt nonprofit (EIN: 720846182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park Timbers Homeowners Association located?
Park Timbers Homeowners Association is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720846182. It is classified under NTEE code L50.
How many years of IRS 990 filings does Park Timbers Homeowners Association have?
Park Timbers Homeowners Association has 12 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 $146K in total revenue.
Filing History
IRS 990 filing history for Park Timbers Homeowners Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Park Timbers Homeowners Association's revenue has grown by 46.1%, moving from $95K to $139K. Total assets increased by 110.2% over the same period, from $111K to $233K. Total functional expenses rose by 50.1%, from $79K to $118K. In its most recent filing year (2022), Park Timbers Homeowners Association reported a surplus of $21K, with revenue exceeding expenses. The organization holds $124 in liabilities against $233K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $233K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $139K | $118K | $233K | $124 | — | View 990 |
| 2021 | $114K | $110K | $213K | $939 | — | — |
| 2020 | $101K | $74K | $208K | $24 | — | View 990 |
| 2019 | $120K | $129K | $181K | $101 | — | View 990 |
| 2018 | $120K | $114K | $191K | $105 | — | View 990 |
| 2017 | $108K | $98K | $185K | $159 | — | View 990 |
| 2016 | $112K | $107K | $175K | $0 | — | View 990 |
| 2015 | $105K | $93K | $170K | $0 | — | View 990 |
| 2014 | $102K | $88K | $157K | $0 | — | View 990 |
| 2013 | $105K | $82K | $143K | $0 | — | View 990 |
| 2012 | $91K | $82K | $120K | $0 | — | View 990 |
| 2011 | $95K | $79K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $139K, expenses of $118K, and assets of $233K (revenue +22.1% year-over-year).
- 2021: Revenue of $114K, expenses of $110K, and assets of $213K (revenue +13.2% year-over-year).
- 2020: Revenue of $101K, expenses of $74K, and assets of $208K (revenue -15.9% year-over-year).
- 2019: Revenue of $120K, expenses of $129K, and assets of $181K (revenue -0.4% year-over-year).
- 2018: Revenue of $120K, expenses of $114K, and assets of $191K (revenue +10.9% year-over-year).
- 2017: Revenue of $108K, expenses of $98K, and assets of $185K (revenue -3.5% year-over-year).
- 2016: Revenue of $112K, expenses of $107K, and assets of $175K (revenue +6.4% year-over-year).
- 2015: Revenue of $105K, expenses of $93K, and assets of $170K (revenue +3.1% year-over-year).
- 2014: Revenue of $102K, expenses of $88K, and assets of $157K (revenue -2.9% year-over-year).
- 2013: Revenue of $105K, expenses of $82K, and assets of $143K (revenue +15.5% year-over-year).
- 2012: Revenue of $91K, expenses of $82K, and assets of $120K (revenue -4.3% year-over-year).
- 2011: Revenue of $95K, expenses of $79K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Timbers Homeowners Association:
Data Sources and Methodology
This transparency report for Park Timbers Homeowners 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.