Verbatim Reporters Of Louisiana
Verbatim Reporters Of Louisiana operates with no officer compensation but faces fluctuating revenues and declining assets.
EIN: 201082699 · Franklin, LA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $4K |
| Program Spending | 90% |
| Net Assets | $57K |
| Transparency Score | 75/100 |
Is Verbatim Reporters Of Louisiana Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Verbatim Reporters Of Louisiana directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Verbatim Reporters Of Louisiana
Verbatim Reporters Of Louisiana (EIN: 201082699) is a nonprofit organization based in Franklin, LA, classified under NTEE code S41. The organization reported total revenue of $14K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Verbatim Reporters Of Louisiana's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Verbatim Reporters Of Louisiana is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -51.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4 |
| Total Expenses | $4K |
| Surplus / Deficit | $-3,719 |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | -92975.0% |
| Months of Reserves | 184.2 months |
Financial Health Grade: B
In 2023, Verbatim Reporters Of Louisiana reported a deficit of $4K with expenses exceeding revenue, holds 184.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Verbatim Reporters Of Louisiana's revenue has declined at a compound annual growth rate (CAGR) of -51.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -84.8% | -6.1% |
| 2022 | +4.2% | -5.9% | -3.3% |
| 2021 | -61.0% | -24.1% | -6.7% |
| 2020 | +155.0% | -29.4% | +44.9% |
| 2019 | -62.6% | -27.0% | -36.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Verbatim Reporters Of Louisiana with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Verbatim Reporters Of Louisiana allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-led and directs all financial resources to its operations rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Verbatim Reporters Of Louisiana's IRS 990 filings:
- Significant revenue volatility, with a drastic drop to $4 in 2023.
- Consistent trend of expenses exceeding revenue in multiple years (e.g., 2022, 2021, 2019, 2018, 2017, 2015), indicating potential operational deficits.
- Declining asset base over the past decade, from $103,530 in 2014 to $57,139 in 2023.
Strengths
The following positive indicators were identified for Verbatim Reporters Of Louisiana:
- Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds for mission-related activities.
- Consistently reports $0 in liabilities, suggesting the organization is debt-free.
- Transparency in filing history with 13 available filings.
Frequently Asked Questions about Verbatim Reporters Of Louisiana
Is Verbatim Reporters Of Louisiana a legitimate charity?
Based on AI analysis of IRS 990 filings, Verbatim Reporters Of Louisiana (EIN: 201082699) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Verbatim Reporters Of Louisiana spend its money?
Verbatim Reporters Of Louisiana directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Verbatim Reporters Of Louisiana tax-deductible?
Verbatim Reporters Of Louisiana is registered as a tax-exempt nonprofit (EIN: 201082699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Verbatim Reporters Of Louisiana compare to similar nonprofits?
With a transparency score of 75/100 (Good), Verbatim Reporters Of Louisiana is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Verbatim Reporters Of Louisiana located?
Verbatim Reporters Of Louisiana is headquartered in Franklin, Louisiana and files with the IRS under EIN 201082699. It is classified under NTEE code S41.
How many years of IRS 990 filings does Verbatim Reporters Of Louisiana have?
Verbatim Reporters Of 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 $14K in total revenue.
Why did Verbatim Reporters Of Louisiana report only $4 in revenue for the 2023 period?
The 2023 filing shows an unusually low revenue of $4, which is significantly lower than previous years (e.g., $22,427 in 2022) and much less than its expenses of $3,723. This could indicate a reporting error, a significant change in operations, or a period of dormancy.
Is the organization's declining asset trend a concern for its long-term viability?
Yes, the organization's assets have decreased from $103,530 in 2014 to $57,139 in 2023. While liabilities remain at $0, a sustained decline in assets, especially when expenses frequently exceed revenue, could impact its ability to operate effectively in the long term.
How does the lack of officer compensation impact the organization's efficiency?
The consistent reporting of 0% officer compensation suggests high efficiency in terms of executive overhead, as all funds are presumably allocated to program activities and general operations rather than salaries for top leadership.
Filing History
IRS 990 filing history for Verbatim Reporters Of Louisiana showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Verbatim Reporters Of Louisiana's revenue has declined by 100%, moving from $23K to $4. Total assets increased by 30.5% over the same period, from $44K to $57K. Total functional expenses fell by 74.6%, from $15K to $4K. In its most recent filing year (2023), Verbatim Reporters Of Louisiana reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4 | $4K | $57K | $0 | — | — |
| 2022 | $22K | $25K | $61K | $0 | — | View 990 |
| 2021 | $22K | $26K | $63K | $0 | — | — |
| 2020 | $55K | $34K | $67K | $0 | — | View 990 |
| 2019 | $22K | $49K | $47K | $0 | — | View 990 |
| 2018 | $58K | $67K | $74K | $0 | — | View 990 |
| 2017 | $31K | $51K | $83K | $0 | — | View 990 |
| 2016 | $69K | $61K | $103K | $0 | — | View 990 |
| 2015 | $35K | $43K | $95K | $0 | — | View 990 |
| 2014 | $77K | $51K | $104K | $0 | — | View 990 |
| 2013 | $28K | $26K | $77K | $0 | — | View 990 |
| 2012 | $64K | $32K | $75K | $0 | — | View 990 |
| 2011 | $23K | $15K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4, expenses of $4K, and assets of $57K (revenue -100.0% year-over-year).
- 2022: Revenue of $22K, expenses of $25K, and assets of $61K (revenue +4.2% year-over-year).
- 2021: Revenue of $22K, expenses of $26K, and assets of $63K (revenue -61.0% year-over-year).
- 2020: Revenue of $55K, expenses of $34K, and assets of $67K (revenue +155.0% year-over-year).
- 2019: Revenue of $22K, expenses of $49K, and assets of $47K (revenue -62.6% year-over-year).
- 2018: Revenue of $58K, expenses of $67K, and assets of $74K (revenue +86.8% year-over-year).
- 2017: Revenue of $31K, expenses of $51K, and assets of $83K (revenue -54.8% year-over-year).
- 2016: Revenue of $69K, expenses of $61K, and assets of $103K (revenue +97.4% year-over-year).
- 2015: Revenue of $35K, expenses of $43K, and assets of $95K (revenue -54.9% year-over-year).
- 2014: Revenue of $77K, expenses of $51K, and assets of $104K (revenue +174.7% year-over-year).
- 2013: Revenue of $28K, expenses of $26K, and assets of $77K (revenue -56.2% year-over-year).
- 2012: Revenue of $64K, expenses of $32K, and assets of $75K (revenue +179.3% year-over-year).
- 2011: Revenue of $23K, expenses of $15K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Verbatim Reporters Of Louisiana:
Data Sources and Methodology
This transparency report for Verbatim Reporters Of 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.