Pelican Bomb
EIN: 455434070 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Expenses | $284K |
| Net Assets | $-82,400 |
Is Pelican Bomb Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pelican Bomb
Pelican Bomb (EIN: 455434070) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pelican Bomb's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pelican Bomb is a small nonprofit, with 2 years of IRS 990 filings on record (2017–2018). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $284K |
| Surplus / Deficit | $-75,504 |
| Total Assets | $7K |
| Total Liabilities | $89K |
| Net Assets | $-82,400 |
| Operating Margin | -36.2% |
| Debt-to-Asset Ratio | 1319.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2018, Pelican Bomb reported a deficit of $76K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 1319.1% (high leverage).
Financial Trends
Over 2 years of filings (2017–2018), Pelican Bomb's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -1.8% | +58.7% | -84.0% |
AI Analysis Pending
AI enrichment for Pelican Bomb 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 Pelican Bomb 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1319.1%.
Frequently Asked Questions about Pelican Bomb
Is Pelican Bomb a legitimate charity?
Pelican Bomb (EIN: 455434070) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Pelican Bomb spend its money?
Pelican Bomb reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pelican Bomb tax-deductible?
Pelican Bomb is registered as a tax-exempt nonprofit (EIN: 455434070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pelican Bomb located?
Pelican Bomb is headquartered in New Orleans, Louisiana and files with the IRS under EIN 455434070.
How many years of IRS 990 filings does Pelican Bomb have?
Pelican Bomb has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Pelican Bomb showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2018), Pelican Bomb's revenue has declined by 1.8%, moving from $212K to $208K. Total assets decreased by 84% over the same period, from $42K to $7K. Total functional expenses rose by 58.7%, from $179K to $284K. In its most recent filing year (2018), Pelican Bomb reported a deficit of $76K, with expenses exceeding revenue. The organization holds $89K in liabilities against $7K in assets (debt-to-asset ratio: 1319.1%), resulting in net assets of $-82,400.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $208K | $284K | $7K | $89K | — | View 990 |
| 2017 | $212K | $179K | $42K | $49K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pelican Bomb:
Data Sources and Methodology
This transparency report for Pelican Bomb 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.