Port City Enterprises Inc
EIN: 720645757 · Port Allen, LA
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $803K |
| Net Assets | $566K |
Is Port City Enterprises Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Port City Enterprises Inc
Port City Enterprises Inc (EIN: 720645757) is a nonprofit organization based in Port Allen, LA. The organization reported total revenue of $1.0M and total assets of $550K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port City Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port City Enterprises Inc is a mid-size nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $742K |
| Total Expenses | $803K |
| Surplus / Deficit | $-60,176 |
| Total Assets | $589K |
| Total Liabilities | $24K |
| Net Assets | $566K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Port City Enterprises Inc reported a deficit of $60K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Port City Enterprises Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | -8.0% | +32.1% |
| 2022 | -23.5% | -11.9% | -18.9% |
| 2021 | +0.5% | +4.2% | -17.3% |
| 2020 | +26.9% | +32.6% | +53.1% |
| 2019 | +46.2% | +15.7% | +33.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Port City Enterprises Inc 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 Port City Enterprises Inc 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 $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Port City Enterprises Inc
Is Port City Enterprises Inc a legitimate charity?
Port City Enterprises Inc (EIN: 720645757) is a registered tax-exempt nonprofit based in Louisiana. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Port City Enterprises Inc spend its money?
Port City Enterprises Inc reported $1.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Port City Enterprises Inc tax-deductible?
Port City Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 720645757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Port City Enterprises Inc located?
Port City Enterprises Inc is headquartered in Port Allen, Louisiana and files with the IRS under EIN 720645757.
How many years of IRS 990 filings does Port City Enterprises Inc have?
Port City Enterprises Inc 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Port City Enterprises Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Port City Enterprises Inc's revenue has grown by 50.6%, moving from $493K to $742K. Total assets increased by 22.3% over the same period, from $482K to $589K. Total functional expenses rose by 62.3%, from $495K to $803K. In its most recent filing year (2023), Port City Enterprises Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $24K in liabilities against $589K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $566K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $742K | $803K | $589K | $24K | — | — |
| 2022 | $782K | $873K | $446K | $35K | — | View 990 |
| 2021 | $1.0M | $990K | $551K | $49K | — | — |
| 2020 | $1.0M | $950K | $666K | $197K | — | View 990 |
| 2019 | $802K | $717K | $435K | $33K | — | View 990 |
| 2018 | $548K | $619K | $327K | $10K | — | View 990 |
| 2017 | $641K | $694K | $395K | $8K | — | View 990 |
| 2016 | $609K | $623K | $485K | $45K | — | View 990 |
| 2014 | $415K | $418K | $461K | $7K | — | View 990 |
| 2013 | $404K | $415K | $461K | $4K | — | View 990 |
| 2012 | $466K | $469K | $488K | $19K | — | View 990 |
| 2011 | $493K | $495K | $482K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $742K, expenses of $803K, and assets of $589K (revenue -5.1% year-over-year).
- 2022: Revenue of $782K, expenses of $873K, and assets of $446K (revenue -23.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $990K, and assets of $551K (revenue +0.5% year-over-year).
- 2020: Revenue of $1.0M, expenses of $950K, and assets of $666K (revenue +26.9% year-over-year).
- 2019: Revenue of $802K, expenses of $717K, and assets of $435K (revenue +46.2% year-over-year).
- 2018: Revenue of $548K, expenses of $619K, and assets of $327K (revenue -14.5% year-over-year).
- 2017: Revenue of $641K, expenses of $694K, and assets of $395K (revenue +5.2% year-over-year).
- 2016: Revenue of $609K, expenses of $623K, and assets of $485K (revenue +46.8% year-over-year).
- 2014: Revenue of $415K, expenses of $418K, and assets of $461K (revenue +2.8% year-over-year).
- 2013: Revenue of $404K, expenses of $415K, and assets of $461K (revenue -13.5% year-over-year).
- 2012: Revenue of $466K, expenses of $469K, and assets of $488K (revenue -5.4% year-over-year).
- 2011: Revenue of $493K, expenses of $495K, and assets of $482K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port City Enterprises Inc:
Data Sources and Methodology
This transparency report for Port City Enterprises 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.