Project Nola
EIN: 270786903 · New Orleans, LA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $587K |
| Total Expenses | $649K |
| Net Assets | $337K |
Is Project Nola Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Project Nola
Project Nola (EIN: 270786903) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P20. The organization reported total revenue of $587K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Nola's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Nola is a small nonprofit that has been operating for 13 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $807K |
| Total Expenses | $649K |
| Surplus / Deficit | +$157K |
| Total Assets | $374K |
| Total Liabilities | $37K |
| Net Assets | $337K |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Project Nola reported a surplus of $157K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +33.3% | +94.1% |
| 2022 | +84.5% | +38.1% | +249.2% |
| 2021 | -1.3% | +20.7% | -21.1% |
| 2020 | +20.4% | +8.2% | +260.3% |
| 2019 | +42.5% | +28.6% | +158.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Project Nola 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 Project Nola 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 surplus of $157K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Project Nola
Is Project Nola a legitimate charity?
Project Nola (EIN: 270786903) is a registered tax-exempt nonprofit based in Louisiana. It has 14 years of IRS 990 filings on record. Total revenue: $587K. No red flags identified. Financial health grade: A.
How does Project Nola spend its money?
Project Nola reported $587K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Project Nola tax-deductible?
Project Nola is registered as a tax-exempt nonprofit (EIN: 270786903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Project Nola located?
Project Nola is headquartered in New Orleans, Louisiana and files with the IRS under EIN 270786903. It is classified under NTEE code P20.
How many years of IRS 990 filings does Project Nola have?
Project Nola has 14 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 $587K in total revenue.
Filing History
IRS 990 filing history for Project Nola showing financial trends over 14 years of public records:
In its most recent filing year (2023), Project Nola reported a surplus of $157K, with revenue exceeding expenses. The organization holds $37K in liabilities against $374K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $337K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $807K | $649K | $374K | $37K | — | — |
| 2022 | $624K | $487K | $192K | $13K | — | View 990 |
| 2021 | $338K | $353K | $55K | $12K | — | View 990 |
| 2020 | $343K | $292K | $70K | $13K | — | View 990 |
| 2019 | $284K | $270K | $19K | $12K | — | View 990 |
| 2018 | $200K | $210K | $8K | $15K | — | View 990 |
| 2017 | $156K | $184K | $11K | $8K | — | — |
| 2016 | $79K | $73K | $32K | $0 | — | View 990 |
| 2015 | $52K | $72K | $27K | $1K | — | View 990 |
| 2014 | $67K | $85K | $47K | $0 | — | View 990 |
| 2013 | $237K | $172K | $65K | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | View 990 |
| 2010 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $807K, expenses of $649K, and assets of $374K (revenue +29.3% year-over-year).
- 2022: Revenue of $624K, expenses of $487K, and assets of $192K (revenue +84.5% year-over-year).
- 2021: Revenue of $338K, expenses of $353K, and assets of $55K (revenue -1.3% year-over-year).
- 2020: Revenue of $343K, expenses of $292K, and assets of $70K (revenue +20.4% year-over-year).
- 2019: Revenue of $284K, expenses of $270K, and assets of $19K (revenue +42.5% year-over-year).
- 2018: Revenue of $200K, expenses of $210K, and assets of $8K (revenue +28.3% year-over-year).
- 2017: Revenue of $156K, expenses of $184K, and assets of $11K (revenue +97.8% year-over-year).
- 2016: Revenue of $79K, expenses of $73K, and assets of $32K (revenue +52.7% year-over-year).
- 2015: Revenue of $52K, expenses of $72K, and assets of $27K (revenue -22.8% year-over-year).
- 2014: Revenue of $67K, expenses of $85K, and assets of $47K (revenue -71.9% year-over-year).
- 2013: Revenue of $237K, expenses of $172K, and assets of $65K.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Nola:
Data Sources and Methodology
This transparency report for Project Nola 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.