Louisiana Debating & Literary Assn
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Louisiana Debating & Literary Assn is a 501(c)(7) organization based in New Orleans, Louisiana, registered in 1942, with $831,339 in FY2024 revenue. CharityIndex grades it C+.
707 Union St, New Orleans, LA, 70130 EIN 72-0244040 Since 1942
Revenue (FY2024)
$831K
▲ 7.1% vs prior year
Expenses (FY2024)
$769K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Louisiana Debating & Literary Assn— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +7% 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 Louisiana Debating & Literary Assn: 24 mo reserves · +7% margin earns a A 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 Louisiana Debating & Literary Assn— 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 Louisiana Debating & Literary Assn: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 707 Union St, New Orleans, LA, 70130
- City
- New Orleans
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $740K (FY2013) to $831K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $227KNet assets $1.5M
Operating margin
7.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$227K
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $831,339▲7.1% | $769,321▼7.1% | $1,522,761▲8.6% | $1,749,717▲7.2% | 990 |
| 2023 | $776,277▲8.0% | $828,041▼0.5% | $1,402,292▼3.6% | $1,631,670▼1.9% | 990 |
| 2022 | $718,707▲1.3% | $832,104▲25.6% | $1,454,056▼7.2% | $1,663,040▼5.8% | 990 |
| 2021 | $709,710▲8.7% | $662,681▼3.0% | $1,567,279▲3.1% | $1,765,425▲1.4% | 990 |
| 2020 | $652,877▼0.1% | $682,937▼28.6% | $1,520,250▼1.9% | $1,740,830▼0.8% | 990 |
| 2019 | $653,368▼42.2% | $956,116▲29.0% | $1,550,310▼16.3% | $1,754,935▼14.6% | 990 |
| 2018 | $1,130,578▲55.5% | $741,240▼2.8% | $1,853,058▲26.4% | $2,055,859▲23.4% | 990 |
| 2017 | $727,021▲5.0% | $762,872▲7.1% | $1,466,522▼1.8% | $1,665,821▼1.3% | 990 |
| 2016 | $692,526▼1.8% | $712,353▲2.6% | $1,494,133▼1.1% | $1,687,580 | 990 |
| 2015 | $704,954▼7.4% | $694,163▼7.0% | $1,510,002▲0.7% | $1,687,835▲0.6% | 990 |
| 2014 | $761,355▲2.9% | $746,195▲1.5% | $1,499,210▲1.0% | $1,677,690▼3.3% | 990 |
| 2013 | $739,744 | $735,295▲5.3% | $1,484,050▲0.3% | $1,734,994▲4.1% | 990 |
| 2012 | — | $698,554▲7.9% | $1,479,601▲2.3% | $1,665,873▲1.5% | 990 |
| 2011 | — | $647,182▲9.6% | $1,446,929▲3.7% | $1,641,508▲4.1% | 990 |
| 2010 | — | $590,622 | $1,395,881 | $1,576,897 | 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.
Frequently asked questions
- Is Louisiana Debating & Literary Assn a legitimate nonprofit?
- Yes. Louisiana Debating & Literary Assn is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 72-0244040, based in New Orleans, Louisiana.
- What is Louisiana Debating & Literary Assn's EIN?
- Louisiana Debating & Literary Assn's Employer Identification Number (EIN) is 72-0244040.
- How much revenue does Louisiana Debating & Literary Assn report?
- Louisiana Debating & Literary Assn reported $831,339 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louisiana Debating & Literary Assn have?
- CharityIndex grades Louisiana Debating & Literary Assn C+, based on financial health (reserves and operating margin).
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Data for Louisiana Debating & Literary Assn (EIN 72-0244040) 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.