Plaquemines Association Of Business And Industry
Plaquemines Association Of Business And Industry consistently operates near break-even with declining assets and no reported officer compensation.
EIN: 201534633 · Belle Chasse, LA · NTEE: S41 · Updated: 2026-03-28
Is Plaquemines Association Of Business And Industry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plaquemines Association Of Business And Industry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plaquemines Association Of Business And Industry
Plaquemines Association Of Business And Industry (EIN: 201534633) is a nonprofit organization based in Belle Chasse, LA, classified under NTEE code S41. The organization reported total revenue of $182K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plaquemines Association Of Business And Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Plaquemines Association Of Business And Industry with a Mission Score of 80 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Plaquemines Association Of Business And Industry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with very low-paid staff, which is highly efficient for an organization of its size (annual revenues typically $120k-$175k).
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 Plaquemines Association Of Business And Industry's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $208,279 in 2014 to $86,541 in 2023.
- Expenses frequently exceed revenues, indicating reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Plaquemines Association Of Business And Industry:
- Consistent 0% officer compensation, indicating efficient use of funds for mission.
- Very low liabilities across all filing periods, often $0, demonstrating sound debt management.
- Long history of IRS 990 filings (13 filings), suggesting consistent operation and compliance.
Frequently Asked Questions about Plaquemines Association Of Business And Industry
Is Plaquemines Association Of Business And Industry a legitimate charity?
Based on AI analysis of IRS 990 filings, Plaquemines Association Of Business And Industry (EIN: 201534633) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Plaquemines Association Of Business And Industry spend its money?
Plaquemines Association Of Business And Industry directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plaquemines Association Of Business And Industry tax-deductible?
Plaquemines Association Of Business And Industry is registered as a tax-exempt nonprofit (EIN: 201534633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Plaquemines Association Of Business And Industry financially sustainable given its trend of declining assets?
The organization's assets have decreased from $208,279 in 2014 to $86,541 in 2023, and expenses have frequently exceeded revenues. While liabilities are low, this trend suggests a need to increase revenue or reduce expenses to ensure long-term financial sustainability.
What is the primary reason for the consistent 0% officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any compensation for officers falls below the reporting threshold or is categorized differently, which is highly efficient for a nonprofit of this size.
How does PABI fund its operations given that expenses often exceed revenue?
PABI appears to fund operations by drawing down its accumulated assets over time, as evidenced by the decline in total assets from $208,279 in 2014 to $86,541 in 2023, alongside periods where expenses surpassed revenue.
Filing History
IRS 990 filing history for Plaquemines Association Of Business And Industry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plaquemines Association Of Business And Industry's revenue has grown by 39.8%, moving from $96K to $134K. Total assets decreased by 56.8% over the same period, from $200K to $87K. Total functional expenses rose by 2.6%, from $131K to $135K. In its most recent filing year (2023), Plaquemines Association Of Business And Industry reported a deficit of $543, with expenses exceeding revenue. The organization holds $1K in liabilities against $87K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $135K | $87K | $1K | — | — |
| 2022 | $132K | $171K | $86K | $0 | — | — |
| 2021 | $167K | $174K | $124K | $0 | — | View 990 |
| 2020 | $141K | $159K | $132K | $0 | — | View 990 |
| 2019 | $152K | $140K | $151K | $800 | — | View 990 |
| 2018 | $122K | $147K | $142K | $3K | — | View 990 |
| 2017 | $138K | $147K | $164K | $200 | — | View 990 |
| 2016 | $126K | $143K | $173K | $320 | — | View 990 |
| 2015 | $129K | $146K | $195K | $4K | — | View 990 |
| 2014 | $135K | $138K | $208K | $0 | — | View 990 |
| 2013 | $142K | $132K | $212K | $0 | — | View 990 |
| 2012 | $130K | $129K | $201K | $0 | — | View 990 |
| 2011 | $96K | $131K | $200K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $135K, and assets of $87K (revenue +1.5% year-over-year).
- 2022: Revenue of $132K, expenses of $171K, and assets of $86K (revenue -20.8% year-over-year).
- 2021: Revenue of $167K, expenses of $174K, and assets of $124K (revenue +18.5% year-over-year).
- 2020: Revenue of $141K, expenses of $159K, and assets of $132K (revenue -7.2% year-over-year).
- 2019: Revenue of $152K, expenses of $140K, and assets of $151K (revenue +24.7% year-over-year).
- 2018: Revenue of $122K, expenses of $147K, and assets of $142K (revenue -12.2% year-over-year).
- 2017: Revenue of $138K, expenses of $147K, and assets of $164K (revenue +10.2% year-over-year).
- 2016: Revenue of $126K, expenses of $143K, and assets of $173K (revenue -2.6% year-over-year).
- 2015: Revenue of $129K, expenses of $146K, and assets of $195K (revenue -4.4% year-over-year).
- 2014: Revenue of $135K, expenses of $138K, and assets of $208K (revenue -5.2% year-over-year).
- 2013: Revenue of $142K, expenses of $132K, and assets of $212K (revenue +9.7% year-over-year).
- 2012: Revenue of $130K, expenses of $129K, and assets of $201K (revenue +35.2% year-over-year).
- 2011: Revenue of $96K, expenses of $131K, and assets of $200K.
Data Sources and Methodology
This transparency report for Plaquemines Association Of Business And Industry 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.