World Trade Center Of New Orleans
EIN: 720368520 · New Orleans, LA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $710K |
| Total Expenses | $423K |
| Net Assets | $53K |
Is World Trade Center 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 World Trade Center Of New Orleans
World Trade Center Of New Orleans (EIN: 720368520) is a nonprofit organization based in New Orleans, LA, classified under NTEE code S40. The organization reported total revenue of $710K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Trade Center Of New Orleans's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Trade Center Of New Orleans is a small nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $391K |
| Total Expenses | $423K |
| Surplus / Deficit | $-32,772 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -8.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2022, World Trade Center Of New Orleans reported a deficit of $33K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), World Trade Center Of New Orleans's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -19.2% | -3.2% | -50.7% |
| 2021 | +3.1% | -5.0% | +108.1% |
| 2020 | +3.4% | -17.2% | +22.5% |
| 2019 | -2.2% | -77.5% | -86.5% |
| 2018 | -65.6% | +313.6% | -86.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for World Trade Center 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 World Trade Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Frequently Asked Questions about World Trade Center Of New Orleans
Is World Trade Center Of New Orleans a legitimate charity?
Based on AI analysis of IRS 990 filings, World Trade Center Of New Orleans (EIN: 720368520) insufficient data. 0 red flags identified, 0 strengths noted.
How does World Trade Center Of New Orleans spend its money?
Detailed spending breakdown data is not yet available for World Trade Center Of New Orleans. Check back for updated IRS 990 analysis.
Are donations to World Trade Center Of New Orleans tax-deductible?
World Trade Center Of New Orleans is registered as a tax-exempt nonprofit (EIN: 720368520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Trade Center Of New Orleans located?
World Trade Center Of New Orleans is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720368520. It is classified under NTEE code S40.
How many years of IRS 990 filings does World Trade Center Of New Orleans have?
World Trade Center Of New Orleans has 12 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 $710K in total revenue.
Filing History
IRS 990 filing history for World Trade Center Of New Orleans showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), World Trade Center Of New Orleans's revenue has declined by 47%, moving from $738K to $391K. Total assets decreased by 98.2% over the same period, from $2.9M to $53K. Total functional expenses fell by 65.1%, from $1.2M to $423K. In its most recent filing year (2022), World Trade Center Of New Orleans reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $391K | $423K | $53K | $0 | — | View 990 |
| 2021 | $484K | $437K | $107K | $22K | — | View 990 |
| 2020 | $469K | $461K | $51K | $12K | — | — |
| 2019 | $454K | $556K | $42K | $11K | — | View 990 |
| 2018 | $464K | $2.5M | $311K | $177K | — | View 990 |
| 2017 | $1.4M | $597K | $2.3M | $189K | — | View 990 |
| 2016 | $470K | $647K | $1.5M | $123K | — | View 990 |
| 2015 | $522K | $919K | $1.8M | $194K | — | View 990 |
| 2014 | $563K | $1.0M | $2.2M | $205K | — | View 990 |
| 2013 | $341K | $981K | $2.7M | $164K | — | View 990 |
| 2012 | $2.6M | $2.2M | $3.1M | $52K | — | View 990 |
| 2011 | $738K | $1.2M | $2.9M | $291K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $391K, expenses of $423K, and assets of $53K (revenue -19.2% year-over-year).
- 2021: Revenue of $484K, expenses of $437K, and assets of $107K (revenue +3.1% year-over-year).
- 2020: Revenue of $469K, expenses of $461K, and assets of $51K (revenue +3.4% year-over-year).
- 2019: Revenue of $454K, expenses of $556K, and assets of $42K (revenue -2.2% year-over-year).
- 2018: Revenue of $464K, expenses of $2.5M, and assets of $311K (revenue -65.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $597K, and assets of $2.3M (revenue +187.5% year-over-year).
- 2016: Revenue of $470K, expenses of $647K, and assets of $1.5M (revenue -10.0% year-over-year).
- 2015: Revenue of $522K, expenses of $919K, and assets of $1.8M (revenue -7.3% year-over-year).
- 2014: Revenue of $563K, expenses of $1.0M, and assets of $2.2M (revenue +65.1% year-over-year).
- 2013: Revenue of $341K, expenses of $981K, and assets of $2.7M (revenue -87.0% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.2M, and assets of $3.1M (revenue +255.9% year-over-year).
- 2011: Revenue of $738K, expenses of $1.2M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Trade Center Of New Orleans:
Data Sources and Methodology
This transparency report for World Trade Center 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.