K — Food, Agriculture & NutritionEIN: 720787616· Ruling Year: 1946

Philmat Inc

New Orleans, Louisiana

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$4.3M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$2.6M
Net Assets
📋
$919K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.2%
Year-over-year change (2022 → 2023)
Net Margin
-15.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
26.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,296,298↓10%$4,962,698↓2%$3,522,171↑7%
2022$4,783,804↓5%$5,054,577↑2%$3,302,467↓16%
2021$5,046,141↑5%$4,968,194↓4%$3,913,238↑8%
2020$4,790,198↓4%$5,178,202↑7%$3,621,042↓9%
2019$4,987,102↑3%$4,857,701↑1%$3,995,188↑4%
2018$4,849,413↓1%$4,818,813↓3%$3,844,661↓2%
2017$4,902,903↓7%$4,947,858↓2%$3,942,786
2016$5,299,189$5,052,829↓16%$3,960,200
2015$5,310,165↑2%$5,990,624↑20%$3,945,289↓23%
2014$5,208,699$5,009,985↓2%$5,141,144↑1%
2013$5,187,469↓10%$5,094,287↓11%$5,084,815↓14%
2012$5,737,506↓5%$5,755,877↓1%$5,936,977↑1%
2011$6,050,437$5,798,403$5,882,765

Frequently Asked Questions

What does Philmat Inc do?▼

Philmat Inc is a food, agriculture & nutrition nonprofit organization based in Louisiana. It is classified under NTEE code K33Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Philmat Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Philmat Inc has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Philmat Inc generate?▼

Philmat Inc reports $346K in annual revenue and holds $1.4M in total assets, based on IRS filings.

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