Were Better Than Blessed
EIN: 833644793 · New Roads, LA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $400K |
| Total Expenses | $71K |
| Net Assets | $43K |
Is Were Better Than Blessed Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Were Better Than Blessed
Were Better Than Blessed (EIN: 833644793) is a nonprofit organization based in New Roads, LA, classified under NTEE code P20. The organization reported total revenue of $400K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Were Better Than Blessed's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Were Better Than Blessed is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $71K |
| Surplus / Deficit | +$42K |
| Total Assets | $86K |
| Total Liabilities | $43K |
| Net Assets | $43K |
| Operating Margin | 37.0% |
| Debt-to-Asset Ratio | 50.3% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2021, Were Better Than Blessed reported a surplus of $42K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.3% (high leverage).
Financial Trends
Over 2 years of filings (2020–2021), Were Better Than Blessed's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Were Better Than Blessed 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 Were Better Than Blessed 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.3%.
Frequently Asked Questions about Were Better Than Blessed
Is Were Better Than Blessed a legitimate charity?
Based on AI analysis of IRS 990 filings, Were Better Than Blessed (EIN: 833644793) insufficient data. 0 red flags identified, 0 strengths noted.
How does Were Better Than Blessed spend its money?
Detailed spending breakdown data is not yet available for Were Better Than Blessed. Check back for updated IRS 990 analysis.
Are donations to Were Better Than Blessed tax-deductible?
Were Better Than Blessed is registered as a tax-exempt nonprofit (EIN: 833644793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Were Better Than Blessed located?
Were Better Than Blessed is headquartered in New Roads, Louisiana and files with the IRS under EIN 833644793. It is classified under NTEE code P20.
How many years of IRS 990 filings does Were Better Than Blessed have?
Were Better Than Blessed has 2 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 $400K in total revenue.
Filing History
IRS 990 filing history for Were Better Than Blessed showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), Were Better Than Blessed's revenue has grown by 0%, moving from $112K to $112K. Total assets increased by 0% over the same period, from $86K to $86K. Total functional expenses rose by 0%, from $71K to $71K. In its most recent filing year (2021), Were Better Than Blessed reported a surplus of $42K, with revenue exceeding expenses. The organization holds $43K in liabilities against $86K in assets (debt-to-asset ratio: 50.3%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $112K | $71K | $86K | $43K | — | View 990 |
| 2020 | $112K | $71K | $86K | $43K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Were Better Than Blessed:
Data Sources and Methodology
This transparency report for Were Better Than Blessed 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.