Michael J Casteix Foundation
Only null% goes to programs Strong reserves Growing revenue
Michael J Casteix Foundation is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2010, with $1,237 in FY2023 revenue. CharityIndex grades it C+.
36 Stilt St, New Orleans, LA, 70124 EIN 20-6573865 Since 2010
Revenue (FY2023)
$1,237
▼ 25.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$218
Net assets
$22K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Michael J Casteix Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1197 mo reserves · +82% 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 Michael J Casteix Foundation: 1197 mo reserves · +82% margin earns a B+ 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 Michael J Casteix Foundation— 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 Michael J Casteix Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 36 Stilt St, New Orleans, LA, 70124
- City
- New Orleans
- State
- Louisiana
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $498 (FY2017) to $1,237 (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $22K
Operating margin
82.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22K
Total liabilities
$0
Net assets
$22K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,237▼25.1% | $218▲5.8% | $21,749▼1.3% | $21,749▼1.3% | 990PF |
| 2022 | $1,652▼1.6% | $206▼38.0% | $22,032▼21.5% | $22,032▼21.5% | 990PF |
| 2021 | $1,679▲70.8% | $332▼68.6% | $28,073▲13.5% | $28,073▲13.5% | 990PF |
| 2020 | $983▼1.5% | $1,057▼31.8% | $24,729▲1.1% | $24,729▲1.1% | 990PF |
| 2019 | $998▼0.4% | $1,550▲93.8% | $24,454▼3.5% | $24,454▼3.5% | 990PF |
| 2018 | $1,002▲101% | $800▼7.3% | $25,343▲1.7% | $25,343▲1.7% | 990PF |
| 2017 | $498 | $863 | $24,922 | $24,922 | 990PF |
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.
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Frequently asked questions
- Is Michael J Casteix Foundation a legitimate nonprofit?
- Yes. Michael J Casteix Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-6573865, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Michael J Casteix Foundation's EIN?
- Michael J Casteix Foundation's Employer Identification Number (EIN) is 20-6573865.
- How much revenue does Michael J Casteix Foundation report?
- Michael J Casteix Foundation reported $1,237 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Michael J Casteix Foundation have?
- CharityIndex grades Michael J Casteix Foundation C+, based on financial health (reserves and operating margin).
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Data for Michael J Casteix Foundation (EIN 20-6573865) 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.