Vermilion Parish Cattlemensassociation
Vermilion Parish Cattlemensassociation experiences recent deficit despite revenue growth, maintains 0% officer compensation.
EIN: 208243212 · Abbeville, LA · NTEE: K032 · Updated: 2026-03-28
Is Vermilion Parish Cattlemensassociation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermilion Parish Cattlemensassociation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermilion Parish Cattlemensassociation
Vermilion Parish Cattlemensassociation (EIN: 208243212) is a nonprofit organization based in Abbeville, LA, classified under NTEE code K032. The organization reported total revenue of $144K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermilion Parish Cattlemensassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vermilion Parish Cattlemensassociation with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Vermilion Parish Cattlemensassociation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for a nonprofit of its size.
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 Vermilion Parish Cattlemensassociation's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (202312), resulting in a deficit of $30,214.
- Significant decline in assets from $37,937 in 2022 to $7,323 in 2023.
Strengths
The following positive indicators were identified for Vermilion Parish Cattlemensassociation:
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds at the leadership level.
- Significant revenue growth from $16,276 in 2011 to $156,961 in 2023, demonstrating increased support.
- No reported liabilities in any of the available filings, suggesting a debt-free status.
Frequently Asked Questions about Vermilion Parish Cattlemensassociation
Is Vermilion Parish Cattlemensassociation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermilion Parish Cattlemensassociation (EIN: 208243212) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Vermilion Parish Cattlemensassociation spend its money?
Vermilion Parish Cattlemensassociation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermilion Parish Cattlemensassociation tax-deductible?
Vermilion Parish Cattlemensassociation is registered as a tax-exempt nonprofit (EIN: 208243212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Vermilion Parish Cattlemensassociation a good charity?
The organization demonstrates strong program focus and excellent transparency regarding executive compensation (0% reported). However, the recent deficit in 2023 where expenses ($187,175) exceeded revenue ($156,961) and the decline in assets to $7,323 are areas of concern that would need further investigation to determine long-term sustainability.
What caused the significant increase in expenses in 2023?
The provided data shows expenses jumped from $132,702 in 2022 to $187,175 in 2023. Without detailed expense breakdowns from the 990, it's impossible to pinpoint the exact cause, but it led to a deficit for the year.
How does the organization fund its operations given the 0% officer compensation?
The 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards programs and other operational costs.
Filing History
IRS 990 filing history for Vermilion Parish Cattlemensassociation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2023), Vermilion Parish Cattlemensassociation's revenue has grown by 864.4%, moving from $16K to $157K. Total assets decreased by 45.4% over the same period, from $13K to $7K. Total functional expenses rose by 1546.7%, from $11K to $187K. In its most recent filing year (2023), Vermilion Parish Cattlemensassociation reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $187K | $7K | $0 | — | — |
| 2022 | $142K | $133K | $38K | $0 | — | View 990 |
| 2011 | $16K | $11K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $187K, and assets of $7K (revenue +10.6% year-over-year).
- 2022: Revenue of $142K, expenses of $133K, and assets of $38K (revenue +771.8% year-over-year).
- 2011: Revenue of $16K, expenses of $11K, and assets of $13K.
Data Sources and Methodology
This transparency report for Vermilion Parish Cattlemensassociation 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.