L S U School of Medicine-new Orleans Medical Alumni Assoc Inc is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2004, with $411,155 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$411K
▼ 5.1% vs prior year
Education median: $200K
Expenses (FY2024)
$780K
Net assets
$3.1M
Employees
—
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 L S U School of Medicine-new Orleans Medical Alumni Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 L S U School of Medicine-new Orleans Medical Alumni Assoc Inc: 48 mo reserves · -90% margin earns a F on this criterion. See the exact thresholds →
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 L S U School of Medicine-new Orleans Medical Alumni Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 L S U School of Medicine-new Orleans Medical Alumni Assoc Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $488K (FY2013) to $411K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-89.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$2,000
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $411,155▼5.1% | $780,458▲59.3% | $3,126,960▼10.6% | $3,128,960▼12.4% | 990 |
| 2023 | $433,338▲70.2% | $489,981▲22.2% | $3,496,263 | $3,573,520▲2.0% | 990 |
| 2022 | $254,562▼53.3% | $401,017▲11.1% | $3,497,757▲8.0% | $3,503,932▲8.0% | 990 |
| 2021 | $544,761▼67.1% | $360,988▼14.1% | $3,238,039▲6.0% | $3,244,214▲6.0% | 990 |
| 2020 | $1,653,767▲184% | $420,202▲47.2% | $3,054,266▲67.8% | $3,060,441▲68.1% | 990 |
| 2019 | $582,847▼11.1% | $285,387▲23.9% | $1,820,701▲19.5% | $1,820,701▲19.5% | 990 |
| 2018 | $655,339▼1.7% | $230,384▼49.4% | $1,523,241▲38.7% | $1,523,241▲38.7% | 990 |
| 2017 | $666,979▲16.2% | $455,537▲0.3% | $1,098,286▲23.8% | $1,098,286▲23.8% | 990 |
| 2016 | $573,772▲47.0% | $453,962▲8.2% | $886,844▲15.6% | $886,844▲14.1% | 990 |
| 2015 | $390,452▼50.0% | $419,686▼44.8% | $767,034▼3.7% | $777,034▼2.4% | 990 |
| 2014 | $780,935▲59.9% | $759,998▲235% | $796,268▲2.7% | $796,268▲2.3% | 990 |
| 2013 | $488,484 | $227,102▼19.7% | $775,331▲50.9% | $778,281▲23.9% | 990 |
| 2012 | — | $282,708▲12.1% | $513,949▲104% | $628,100▲10.5% | 990 |
| 2011 | — | $252,199▼25.4% | $252,408▲244% | $568,465▲26.4% | 990 |
| 2010 | — | $337,928 | -$175,743 | $449,577 | 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.
21 grants to L S U School of Medicine-new Orleans Medical Alumni Assoc Inc totaling $287K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for L S U School of Medicine-new Orleans Medical Alumni Assoc Inc (EIN 06-1715268) 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.