State Chartered Credit Unions In Louisiana
EIN: 720485302 · Franklin, LA
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $34K |
| Net Assets | $396K |
Is State Chartered Credit Unions In Louisiana Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About State Chartered Credit Unions In Louisiana
State Chartered Credit Unions In Louisiana (EIN: 720485302) is a nonprofit organization based in Franklin, LA. The organization reported total revenue of $74K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of State Chartered Credit Unions In Louisiana's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
State Chartered Credit Unions In Louisiana is a micro nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $34K |
| Surplus / Deficit | +$34K |
| Total Assets | $1.3M |
| Total Liabilities | $863K |
| Net Assets | $396K |
| Operating Margin | 50.3% |
| Debt-to-Asset Ratio | 68.5% |
| Months of Reserves | 448.8 months |
Financial Health Grade: A
In 2023, State Chartered Credit Unions In Louisiana reported a surplus of $34K with revenue exceeding expenses, holds 448.8 months of operating reserves (strong position), has a debt-to-asset ratio of 68.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), State Chartered Credit Unions In Louisiana's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.3% | -19.2% | -8.7% |
| 2022 | -25.0% | -25.6% | -15.1% |
| 2021 | -19.9% | -19.8% | -6.4% |
| 2020 | +74.4% | +34.3% | -1.6% |
| 2019 | -10.9% | -1.9% | +2.7% |
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 State Chartered Credit Unions In Louisiana 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 State Chartered Credit Unions In Louisiana 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.5%.
Frequently Asked Questions about State Chartered Credit Unions In Louisiana
Is State Chartered Credit Unions In Louisiana a legitimate charity?
Based on AI analysis of IRS 990 filings, State Chartered Credit Unions In Louisiana (EIN: 720485302) insufficient data. 0 red flags identified, 0 strengths noted.
How does State Chartered Credit Unions In Louisiana spend its money?
Detailed spending breakdown data is not yet available for State Chartered Credit Unions In Louisiana. Check back for updated IRS 990 analysis.
Are donations to State Chartered Credit Unions In Louisiana tax-deductible?
State Chartered Credit Unions In Louisiana is registered as a tax-exempt nonprofit (EIN: 720485302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is State Chartered Credit Unions In Louisiana located?
State Chartered Credit Unions In Louisiana is headquartered in Franklin, Louisiana and files with the IRS under EIN 720485302.
How many years of IRS 990 filings does State Chartered Credit Unions In Louisiana have?
State Chartered Credit Unions In Louisiana 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 $74K in total revenue.
Filing History
IRS 990 filing history for State Chartered Credit Unions In Louisiana showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), State Chartered Credit Unions In Louisiana's revenue has grown by 11.9%, moving from $61K to $68K. Total assets decreased by 46% over the same period, from $2.3M to $1.3M. Total functional expenses fell by 56.5%, from $77K to $34K. In its most recent filing year (2023), State Chartered Credit Unions In Louisiana reported a surplus of $34K, with revenue exceeding expenses. The organization holds $863K in liabilities against $1.3M in assets (debt-to-asset ratio: 68.5%), resulting in net assets of $396K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $34K | $1.3M | $863K | — | — |
| 2022 | $42K | $42K | $1.4M | $1.0M | — | View 990 |
| 2021 | $56K | $56K | $1.6M | $1.2M | — | — |
| 2020 | $70K | $70K | $1.7M | $1.4M | — | — |
| 2019 | $40K | $52K | $1.8M | $1.4M | — | View 990 |
| 2018 | $45K | $53K | $1.7M | $1.3M | — | View 990 |
| 2017 | $46K | $46K | $1.7M | $1.3M | — | View 990 |
| 2016 | $50K | $38K | $2.0M | $1.6M | — | View 990 |
| 2015 | $53K | $61K | $2.0M | $1.6M | — | View 990 |
| 2014 | $57K | $52K | $2.2M | $1.9M | — | View 990 |
| 2013 | $61K | $74K | $2.3M | $1.9M | — | View 990 |
| 2012 | $64K | $80K | $2.3M | $2.0M | — | View 990 |
| 2011 | $61K | $77K | $2.3M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $34K, and assets of $1.3M (revenue +61.3% year-over-year).
- 2022: Revenue of $42K, expenses of $42K, and assets of $1.4M (revenue -25.0% year-over-year).
- 2021: Revenue of $56K, expenses of $56K, and assets of $1.6M (revenue -19.9% year-over-year).
- 2020: Revenue of $70K, expenses of $70K, and assets of $1.7M (revenue +74.4% year-over-year).
- 2019: Revenue of $40K, expenses of $52K, and assets of $1.8M (revenue -10.9% year-over-year).
- 2018: Revenue of $45K, expenses of $53K, and assets of $1.7M (revenue -1.4% year-over-year).
- 2017: Revenue of $46K, expenses of $46K, and assets of $1.7M (revenue -8.1% year-over-year).
- 2016: Revenue of $50K, expenses of $38K, and assets of $2.0M (revenue -5.8% year-over-year).
- 2015: Revenue of $53K, expenses of $61K, and assets of $2.0M (revenue -6.8% year-over-year).
- 2014: Revenue of $57K, expenses of $52K, and assets of $2.2M (revenue -7.6% year-over-year).
- 2013: Revenue of $61K, expenses of $74K, and assets of $2.3M (revenue -4.3% year-over-year).
- 2012: Revenue of $64K, expenses of $80K, and assets of $2.3M (revenue +5.5% year-over-year).
- 2011: Revenue of $61K, expenses of $77K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for State Chartered Credit Unions In Louisiana:
Data Sources and Methodology
This transparency report for State Chartered Credit Unions In Louisiana 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.