Gretna Economic Development Association Limited
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Growing revenue
Gretna Economic Development Association Limited is a 501(c)(3) organization based in Gretna, Louisiana, registered in 1994, with $6,580,405 in FY2024 revenue. CharityIndex grades it D.
327 Huey P Long Avenue, Gretna, LA, 70053 EIN 72-1231534 Since 1994
Revenue (FY2024)
$6.6M
▲ 29.4% vs prior year
Expenses (FY2024)
$6.6M
Net assets
-$360K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gretna Economic Development Association Limited— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gretna Economic Development Association Limited: 0 mo reserves · -1% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gretna Economic Development Association Limited— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gretna Economic Development Association Limited: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $450K (FY2020) to $6.6M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $782KNet assets -$360K
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$423K
Total liabilities
$782K
Net assets
-$360K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,580,405▲29.4% | $6,623,069▲26.4% | -$359,630▼13.5% | $422,651▼6.4% | 990 |
| 2023 | $5,086,166▲29.2% | $5,239,176▲8.2% | -$316,966▼93.3% | $451,388▲24.5% | 990 |
| 2022 | $3,936,654▲244% | $4,842,487▲1339% | -$163,956▼122% | $362,600▼63.2% | 990 |
| 2021 | $1,144,023▲154% | $336,545▲101% | $741,877▲1231% | $984,887▲301% | 990 |
| 2020 | $450,422 | $167,736 | -$65,601 | $245,833 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $15K total
1 grant to Gretna Economic Development Association Limited totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ochsner Clinic Foundation | General assistance | 2024 | $15,000 |
Frequently asked questions
- Is Gretna Economic Development Association Limited a legitimate nonprofit?
- Yes. Gretna Economic Development Association Limited is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1231534, based in Gretna, Louisiana. Donations are tax-deductible.
- What is Gretna Economic Development Association Limited's EIN?
- Gretna Economic Development Association Limited's Employer Identification Number (EIN) is 72-1231534.
- How much revenue does Gretna Economic Development Association Limited report?
- Gretna Economic Development Association Limited reported $6,580,405 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gretna Economic Development Association Limited have?
- CharityIndex grades Gretna Economic Development Association Limited D, based on financial health (reserves and operating margin).
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Data for Gretna Economic Development Association Limited (EIN 72-1231534) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.