Water Collaborative Of Greater New Orleans
EIN: 823230968 · New Orleans, LA · NTEE: C99
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.0M |
| Net Assets | $837K |
Is Water Collaborative Of Greater New Orleans Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Water Collaborative Of Greater New Orleans
Water Collaborative Of Greater New Orleans (EIN: 823230968) is a nonprofit organization based in New Orleans, LA, classified under NTEE code C99. The organization reported total revenue of $1.6M and total assets of $838K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water Collaborative Of Greater New Orleans's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water Collaborative Of Greater New Orleans is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 206.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$537K |
| Total Assets | $838K |
| Total Liabilities | $1K |
| Net Assets | $837K |
| Operating Margin | 34.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Water Collaborative Of Greater New Orleans reported a surplus of $537K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Water Collaborative Of Greater New Orleans's revenue has grown at a compound annual growth rate (CAGR) of 206.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.7% | +155.1% | +179.6% |
| 2022 | +139.9% | +97.6% | — |
| 2021 | +382.7% | +296.5% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Water Collaborative Of Greater New Orleans 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 Water Collaborative Of Greater New Orleans 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 $537K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Water Collaborative Of Greater New Orleans
Is Water Collaborative Of Greater New Orleans a legitimate charity?
Water Collaborative Of Greater New Orleans (EIN: 823230968) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Water Collaborative Of Greater New Orleans spend its money?
Water Collaborative Of Greater New Orleans reported $1.6M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Water Collaborative Of Greater New Orleans tax-deductible?
Water Collaborative Of Greater New Orleans is registered as a tax-exempt nonprofit (EIN: 823230968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Water Collaborative Of Greater New Orleans located?
Water Collaborative Of Greater New Orleans is headquartered in New Orleans, Louisiana and files with the IRS under EIN 823230968. It is classified under NTEE code C99.
How many years of IRS 990 filings does Water Collaborative Of Greater New Orleans have?
Water Collaborative Of Greater New Orleans has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Water Collaborative Of Greater New Orleans showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Water Collaborative Of Greater New Orleans's revenue has grown by 2791.1%, moving from $54K to $1.6M. Total assets increased by 4573.2% over the same period, from $18K to $838K. Total functional expenses rose by 1899.3%, from $51K to $1.0M. In its most recent filing year (2023), Water Collaborative Of Greater New Orleans reported a surplus of $537K, with revenue exceeding expenses. The organization holds $1K in liabilities against $838K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $837K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.0M | $838K | $1K | — | — |
| 2022 | $623K | $399K | $300K | $0 | — | — |
| 2021 | $260K | $202K | $0 | $0 | — | View 990 |
| 2020 | $54K | $51K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.0M, and assets of $838K (revenue +149.7% year-over-year).
- 2022: Revenue of $623K, expenses of $399K, and assets of $300K (revenue +139.9% year-over-year).
- 2021: Revenue of $260K, expenses of $202K, and assets of $0 (revenue +382.7% year-over-year).
- 2020: Revenue of $54K, expenses of $51K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Water Collaborative Of Greater New Orleans:
Data Sources and Methodology
This transparency report for Water Collaborative Of Greater New Orleans 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.