Robert B And Shirley K Haspel Endowment Fund
EIN: 720961469 · Metairie, LA
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $54K |
| Net Assets | $643K |
Is Robert B And Shirley K Haspel Endowment Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robert B And Shirley K Haspel Endowment Fund
Robert B And Shirley K Haspel Endowment Fund (EIN: 720961469) is a nonprofit organization based in Metairie, LA. The organization reported total revenue of $93K and total assets of $747K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert B And Shirley K Haspel Endowment Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert B And Shirley K Haspel Endowment Fund is a micro nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $54K |
| Surplus / Deficit | $-38,055 |
| Total Assets | $656K |
| Total Liabilities | $13K |
| Net Assets | $643K |
| Operating Margin | -239.1% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 145.8 months |
Financial Health Grade: B
In 2023, Robert B And Shirley K Haspel Endowment Fund reported a deficit of $38K with expenses exceeding revenue, holds 145.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Robert B And Shirley K Haspel Endowment Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.4% | -2.6% | +11.0% |
| 2022 | -49.0% | +25.5% | -18.4% |
| 2021 | +21.8% | -82.7% | +16.9% |
| 2020 | +22.9% | +165.0% | -28.2% |
| 2019 | -11.5% | -9.0% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robert B And Shirley K Haspel Endowment Fund 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 Robert B And Shirley K Haspel Endowment Fund 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 $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Robert B And Shirley K Haspel Endowment Fund
Is Robert B And Shirley K Haspel Endowment Fund a legitimate charity?
Robert B And Shirley K Haspel Endowment Fund (EIN: 720961469) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $93K. No red flags identified. Financial health grade: B.
How does Robert B And Shirley K Haspel Endowment Fund spend its money?
Robert B And Shirley K Haspel Endowment Fund reported $93K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Robert B And Shirley K Haspel Endowment Fund tax-deductible?
Robert B And Shirley K Haspel Endowment Fund is registered as a tax-exempt nonprofit (EIN: 720961469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robert B And Shirley K Haspel Endowment Fund located?
Robert B And Shirley K Haspel Endowment Fund is headquartered in Metairie, Louisiana and files with the IRS under EIN 720961469.
How many years of IRS 990 filings does Robert B And Shirley K Haspel Endowment Fund have?
Robert B And Shirley K Haspel Endowment Fund has 13 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 $93K in total revenue.
Filing History
IRS 990 filing history for Robert B And Shirley K Haspel Endowment Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Robert B And Shirley K Haspel Endowment Fund's revenue has declined by 21.3%, moving from $20K to $16K. Total assets decreased by 16.1% over the same period, from $782K to $656K. Total functional expenses fell by 33.9%, from $82K to $54K. In its most recent filing year (2023), Robert B And Shirley K Haspel Endowment Fund reported a deficit of $38K, with expenses exceeding revenue. The organization holds $13K in liabilities against $656K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $643K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $54K | $656K | $13K | — | — |
| 2022 | $36K | $55K | $591K | $12K | — | View 990 |
| 2021 | $70K | $44K | $724K | $16K | — | — |
| 2020 | $57K | $256K | $620K | $12K | — | — |
| 2019 | $47K | $96K | $863K | $18K | — | View 990 |
| 2018 | $53K | $106K | $786K | $16K | — | View 990 |
| 2017 | $66K | $53K | $944K | $19K | — | View 990 |
| 2016 | $88K | $71K | $907K | $18K | — | View 990 |
| 2015 | $57K | $57K | $953K | $20K | — | View 990 |
| 2014 | $121K | $117K | $954K | $19K | — | View 990 |
| 2013 | $83K | $89K | $985K | $20K | — | View 990 |
| 2012 | $-5,184 | $87K | $826K | $17K | — | View 990 |
| 2011 | $20K | $82K | $782K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $54K, and assets of $656K (revenue -55.4% year-over-year).
- 2022: Revenue of $36K, expenses of $55K, and assets of $591K (revenue -49.0% year-over-year).
- 2021: Revenue of $70K, expenses of $44K, and assets of $724K (revenue +21.8% year-over-year).
- 2020: Revenue of $57K, expenses of $256K, and assets of $620K (revenue +22.9% year-over-year).
- 2019: Revenue of $47K, expenses of $96K, and assets of $863K (revenue -11.5% year-over-year).
- 2018: Revenue of $53K, expenses of $106K, and assets of $786K (revenue -20.2% year-over-year).
- 2017: Revenue of $66K, expenses of $53K, and assets of $944K (revenue -24.9% year-over-year).
- 2016: Revenue of $88K, expenses of $71K, and assets of $907K (revenue +54.7% year-over-year).
- 2015: Revenue of $57K, expenses of $57K, and assets of $953K (revenue -52.9% year-over-year).
- 2014: Revenue of $121K, expenses of $117K, and assets of $954K (revenue +45.7% year-over-year).
- 2013: Revenue of $83K, expenses of $89K, and assets of $985K.
- 2012: Revenue of $-5,184, expenses of $87K, and assets of $826K (revenue -125.6% year-over-year).
- 2011: Revenue of $20K, expenses of $82K, and assets of $782K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert B And Shirley K Haspel Endowment Fund:
Data Sources and Methodology
This transparency report for Robert B And Shirley K Haspel Endowment Fund 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.