Plaquemines Heritage & Seafood Festival Inc
Plaquemines Heritage & Seafood Festival Inc. consistently operates with a surplus and zero officer compensation.
EIN: 202583147 · Belle Chasse, LA · NTEE: N52 · Updated: 2026-03-28
Is Plaquemines Heritage & Seafood Festival Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plaquemines Heritage & Seafood Festival Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plaquemines Heritage & Seafood Festival Inc
Plaquemines Heritage & Seafood Festival Inc (EIN: 202583147) is a nonprofit organization based in Belle Chasse, LA, classified under NTEE code N52. The organization reported total revenue of $156K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plaquemines Heritage & Seafood Festival Inc'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 Heritage & Seafood Festival Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Plaquemines Heritage & Seafood Festival Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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, which is highly commendable for an organization of its size with latest revenue of $156,018.
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.
Strengths
The following positive indicators were identified for Plaquemines Heritage & Seafood Festival Inc:
- Consistent positive net income in recent years (e.g., $10,213 in 2023, $6,400 in 2022).
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- No reported liabilities, suggesting strong financial health and responsible management.
- Consistent growth in assets, reaching $45,715 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
Frequently Asked Questions about Plaquemines Heritage & Seafood Festival Inc
Is Plaquemines Heritage & Seafood Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plaquemines Heritage & Seafood Festival Inc (EIN: 202583147) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Plaquemines Heritage & Seafood Festival Inc spend its money?
Plaquemines Heritage & Seafood Festival Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plaquemines Heritage & Seafood Festival Inc tax-deductible?
Plaquemines Heritage & Seafood Festival Inc is registered as a tax-exempt nonprofit (EIN: 202583147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Plaquemines Heritage & Seafood Festival Inc. financially stable?
Yes, the organization appears financially stable. It has consistently reported positive net income in recent years (e.g., $10,213 surplus in 2023, $6,400 surplus in 2022) and has no reported liabilities, with assets growing to $45,715 in 2023.
How does the organization manage its leadership costs?
The organization manages its leadership costs exceptionally well, reporting 0% officer compensation across all 13 available filings, indicating a volunteer-driven leadership structure.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, increasing from $1,044 in 2017 to $45,715 in 2023, demonstrating growth and accumulation of resources.
Filing History
IRS 990 filing history for Plaquemines Heritage & Seafood Festival Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plaquemines Heritage & Seafood Festival Inc's revenue has grown by 231.4%, moving from $16K to $52K. Total assets increased by 2841.8% over the same period, from $2K to $46K. Total functional expenses rose by 45.4%, from $29K to $42K. In its most recent filing year (2023), Plaquemines Heritage & Seafood Festival Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $42K | $46K | $0 | — | — |
| 2022 | $27K | $21K | $36K | $0 | — | View 990 |
| 2021 | $442 | $6K | $29K | $0 | — | — |
| 2020 | $6K | $8K | $35K | $278 | — | View 990 |
| 2019 | $43K | $14K | $36K | $0 | — | View 990 |
| 2018 | $26K | $19K | $8K | $0 | — | View 990 |
| 2017 | $3K | $9K | $1K | $0 | — | View 990 |
| 2016 | $5K | $22K | $7K | $0 | — | View 990 |
| 2015 | $21K | $24K | $24K | $0 | — | View 990 |
| 2014 | $45K | $26K | $27K | $0 | — | View 990 |
| 2013 | $20K | $12K | $8K | $0 | — | View 990 |
| 2012 | $16K | $17K | $392 | $500 | — | View 990 |
| 2011 | $16K | $29K | $2K | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $42K, and assets of $46K (revenue +94.7% year-over-year).
- 2022: Revenue of $27K, expenses of $21K, and assets of $36K (revenue +5997.1% year-over-year).
- 2021: Revenue of $442, expenses of $6K, and assets of $29K (revenue -92.6% year-over-year).
- 2020: Revenue of $6K, expenses of $8K, and assets of $35K (revenue -86.0% year-over-year).
- 2019: Revenue of $43K, expenses of $14K, and assets of $36K (revenue +63.6% year-over-year).
- 2018: Revenue of $26K, expenses of $19K, and assets of $8K (revenue +845.9% year-over-year).
- 2017: Revenue of $3K, expenses of $9K, and assets of $1K (revenue -49.1% year-over-year).
- 2016: Revenue of $5K, expenses of $22K, and assets of $7K (revenue -73.8% year-over-year).
- 2015: Revenue of $21K, expenses of $24K, and assets of $24K (revenue -54.4% year-over-year).
- 2014: Revenue of $45K, expenses of $26K, and assets of $27K (revenue +127.9% year-over-year).
- 2013: Revenue of $20K, expenses of $12K, and assets of $8K (revenue +23.2% year-over-year).
- 2012: Revenue of $16K, expenses of $17K, and assets of $392 (revenue +2.0% year-over-year).
- 2011: Revenue of $16K, expenses of $29K, and assets of $2K.
Data Sources and Methodology
This transparency report for Plaquemines Heritage & Seafood Festival Inc 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.