Milton H Latter Educational and Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Milton H Latter Educational and Charitable Foundation is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1947, with $57,920 in FY2024 revenue. CharityIndex grades it C+.
5420 S Tonti St, New Orleans, LA, 70125 EIN 72-6028027 Since 1947
Revenue (FY2024)
$58K
▲ 288.0% vs prior year
Expenses (FY2024)
$45K
Net assets
$842K
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 Milton H Latter Educational and Charitable 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 rating223 mo reserves · +22% 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 Milton H Latter Educational and Charitable Foundation: 223 mo reserves · +22% 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 Milton H Latter Educational and Charitable 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 Milton H Latter Educational and Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5420 S Tonti St, New Orleans, LA, 70125
- City
- New Orleans
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $166K (FY2013) to $58K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $842K
Operating margin
21.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$842K
Total liabilities
$0
Net assets
$842K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $57,920▲288% | $45,404▼39.5% | $842,386▲0.3% | $842,386▲0.3% | 990PF |
| 2023 | -$30,813▼207% | $74,989▲124% | $839,853▼11.2% | $839,853▼11.2% | 990PF |
| 2022 | -$10,032▼113% | $33,550▼32.0% | $945,655▼4.4% | $945,655▼8.3% | 990PF |
| 2021 | $75,212▼50.0% | $49,351▼17.1% | $989,237▲2.5% | $1,031,237▲6.8% | 990PF |
| 2020 | $150,477▲761% | $59,521▼4.8% | $965,171▲10.4% | $965,171▲10.4% | 990PF |
| 2019 | $17,475▼86.1% | $62,521▼1.3% | $874,215▼4.9% | $874,215▼4.9% | 990PF |
| 2018 | $125,351▲72.4% | $63,313▲3.7% | $919,261▲7.2% | $919,261▲7.2% | 990PF |
| 2017 | $72,689▲1326% | $61,038▼0.6% | $857,223▲1.4% | $857,223▲1.4% | 990PF |
| 2016 | $5,098▼95.1% | $61,423▲1.5% | $845,572▼6.2% | $845,572▼6.2% | 990PF |
| 2015 | $104,044▲37.2% | $60,524▼0.5% | $901,897▲5.1% | $901,897▲5.1% | 990PF |
| 2014 | $75,849▼54.3% | $60,822▲50.4% | $858,377▲1.8% | $858,377▲1.8% | 990PF |
| 2013 | $165,861 | $40,431▲260% | $843,350▲17.5% | $843,350▲17.5% | 990PF |
| 2012 | — | $11,243▼15.9% | $717,920▲18.7% | $717,920▲18.7% | 990PF |
| 2011 | — | $13,376 | $604,768 | $604,768 | 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.
Frequently asked questions
- Is Milton H Latter Educational and Charitable Foundation a legitimate nonprofit?
- Yes. Milton H Latter Educational and Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-6028027, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Milton H Latter Educational and Charitable Foundation's EIN?
- Milton H Latter Educational and Charitable Foundation's Employer Identification Number (EIN) is 72-6028027.
- How much revenue does Milton H Latter Educational and Charitable Foundation report?
- Milton H Latter Educational and Charitable Foundation reported $57,920 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Milton H Latter Educational and Charitable Foundation have?
- CharityIndex grades Milton H Latter Educational and Charitable Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in New Orleans
Explore more
Data for Milton H Latter Educational and Charitable Foundation (EIN 72-6028027) 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.