Reins Of Hope At Le Bocage Inc
EIN: 852376836 · Lake Charles, LA · NTEE: B80
About Reins Of Hope At Le Bocage Inc
Reins Of Hope At Le Bocage Inc (EIN: 852376836) is a nonprofit organization based in Lake Charles, LA, classified under NTEE code B80. The organization reported total revenue of $117K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reins Of Hope At Le Bocage Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Reins Of Hope At Le Bocage 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 Reins Of Hope At Le Bocage 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.
Filing History
IRS 990 filing history for Reins Of Hope At Le Bocage Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Reins Of Hope At Le Bocage Inc's revenue has grown by 11403300%, moving from $1 to $114K. Total assets increased by 2599000% over the same period, from $1 to $26K. In its most recent filing year (2023), Reins Of Hope At Le Bocage Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $92K in liabilities against $26K in assets (debt-to-asset ratio: 353.5%), resulting in net assets of $-65,894.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $140K | $26K | $92K | — | — |
| 2022 | $129K | $128K | $9K | $49K | — | — |
| 2021 | $60K | $100K | $13K | $53K | — | — |
| 2020 | $1 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $140K, and assets of $26K (revenue -11.8% year-over-year).
- 2022: Revenue of $129K, expenses of $128K, and assets of $9K (revenue +116.2% year-over-year).
- 2021: Revenue of $60K, expenses of $100K, and assets of $13K (revenue +5982600.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Reins Of Hope At Le Bocage 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.