Waterfront Employment Trust Of New Orleans
EIN: 726206285 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Net Assets | $741K |
Is Waterfront Employment Trust Of 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 Waterfront Employment Trust Of New Orleans
Waterfront Employment Trust Of New Orleans (EIN: 726206285) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterfront Employment Trust Of New Orleans's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterfront Employment Trust Of New Orleans is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $5K |
| Surplus / Deficit | +$17K |
| Total Assets | $1.3M |
| Total Liabilities | $526K |
| Net Assets | $741K |
| Operating Margin | 77.6% |
| Debt-to-Asset Ratio | 41.5% |
| Months of Reserves | 3076.0 months |
Financial Health Grade: A
In 2014, Waterfront Employment Trust Of New Orleans reported a surplus of $17K with revenue exceeding expenses, holds 3076.0 months of operating reserves (strong position), has a debt-to-asset ratio of 41.5% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Waterfront Employment Trust Of New Orleans's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +292.9% | -95.6% | +3.7% |
| 2013 | -35.0% | +2.6% | +5.4% |
| 2012 | -26.6% | -8.2% | +4.3% |
AI Analysis Pending
AI enrichment for Waterfront Employment Trust Of 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 Waterfront Employment Trust Of 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.5%.
Frequently Asked Questions about Waterfront Employment Trust Of New Orleans
Is Waterfront Employment Trust Of New Orleans a legitimate charity?
Waterfront Employment Trust Of New Orleans (EIN: 726206285) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Waterfront Employment Trust Of New Orleans spend its money?
Waterfront Employment Trust Of New Orleans reported its financials 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 Waterfront Employment Trust Of New Orleans tax-deductible?
Waterfront Employment Trust Of New Orleans is registered as a tax-exempt nonprofit (EIN: 726206285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waterfront Employment Trust Of New Orleans located?
Waterfront Employment Trust Of New Orleans is headquartered in New Orleans, Louisiana and files with the IRS under EIN 726206285.
How many years of IRS 990 filings does Waterfront Employment Trust Of New Orleans have?
Waterfront Employment Trust Of 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.
Filing History
IRS 990 filing history for Waterfront Employment Trust Of New Orleans showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Waterfront Employment Trust Of New Orleans's revenue has grown by 87.4%, moving from $12K to $22K. Total assets increased by 14% over the same period, from $1.1M to $1.3M. Total functional expenses fell by 95.9%, from $119K to $5K. In its most recent filing year (2014), Waterfront Employment Trust Of New Orleans reported a surplus of $17K, with revenue exceeding expenses. The organization holds $526K in liabilities against $1.3M in assets (debt-to-asset ratio: 41.5%), resulting in net assets of $741K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $22K | $5K | $1.3M | $526K | — | View 990 |
| 2013 | $6K | $112K | $1.2M | $1.1M | — | View 990 |
| 2012 | $9K | $109K | $1.2M | $956K | — | View 990 |
| 2011 | $12K | $119K | $1.1M | $813K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $22K, expenses of $5K, and assets of $1.3M (revenue +292.9% year-over-year).
- 2013: Revenue of $6K, expenses of $112K, and assets of $1.2M (revenue -35.0% year-over-year).
- 2012: Revenue of $9K, expenses of $109K, and assets of $1.2M (revenue -26.6% year-over-year).
- 2011: Revenue of $12K, expenses of $119K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterfront Employment Trust Of New Orleans:
Data Sources and Methodology
This transparency report for Waterfront Employment Trust Of 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.