Civic Intelligence

Greater Bossier Economic Development Foundation

990 • Fiscal year 2024 • EIN 20-1024559

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 15, 2025

Organization ProfileWWW.GBEDF.ORG
574 Boardwalk BoulevardBossier City, LA 71111

(318) 742-6043

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.14x

Higher debt load relative to assets than 48% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.31x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

61st percentile

7.9%

Higher net margin than 61% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$184,031

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 33.4% of source-year revenue.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-5.6%

Faster asset growth than 18% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

5.4%

Faster revenue growth than 47% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$1,216,088

Down $72,746 (-5.6%) from 2023

Net Assets

Up

$1,047,454

Up $43,635 (+4.3%) from 2023

Liabilities

Down

$168,634

Down $116,381 (-41%) from 2023

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin61st percentile

Revenue

Up

$550,954

Up $27,981 (+5.4%) from 2023

Expenses

Down

$507,319

Down $3,675 (-0.7%) from 2023

Net Income

Up

$43,635

Up $31,656 (+264%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,280,451Liabilities 2011: $1,996Net Assets 2011: $1,278,4552011Assets 2012: $652,195Liabilities 2012: $1,594Net Assets 2012: $650,6012012Assets 2013: $642,556Liabilities 2013: $1,799Net Assets 2013: $640,7572013Assets 2014: $713,448Liabilities 2014: $6,326Net Assets 2014: $707,1222014Assets 2015: $787,983Liabilities 2015: $4,019Net Assets 2015: $783,9642015Assets 2016: $803,232Liabilities 2016: $4,193Net Assets 2016: $799,0392016Assets 2017: $815,071Liabilities 2017: $4,211Net Assets 2017: $810,8602017Assets 2018: $848,843Liabilities 2018: $2,649Net Assets 2018: $846,1942018Assets 2019: $869,044Liabilities 2019: $15,818Net Assets 2019: $853,2262019Assets 2020: $888,537Liabilities 2020: $5,101Net Assets 2020: $883,4362020Assets 2021: $976,646Liabilities 2021: $5,645Net Assets 2021: $971,0012021Assets 2022: $1,318,899Liabilities 2022: $327,059Net Assets 2022: $991,8402022Assets 2023: $1,288,834Liabilities 2023: $285,015Net Assets 2023: $1,003,8192023Assets 2024: $1,216,088Liabilities 2024: $168,634Net Assets 2024: $1,047,4542024

Highlighted filing

2024

Assets$1,216,088
Liabilities$168,634
Net Assets$1,047,454
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Expenses 2011: $532,5172011Expenses 2012: $1,174,5182012Revenue 2013: $521,907Expenses 2013: $469,503Net Income 2013: $52,4042013Revenue 2014: $560,171Expenses 2014: $493,806Net Income 2014: $66,3652014Revenue 2015: $583,072Expenses 2015: $506,230Net Income 2015: $76,8422015Revenue 2016: $545,678Expenses 2016: $530,603Net Income 2016: $15,0752016Revenue 2017: $547,484Expenses 2017: $535,663Net Income 2017: $11,8212017Revenue 2018: $545,564Expenses 2018: $510,230Net Income 2018: $35,3342018Revenue 2019: $556,400Expenses 2019: $549,368Net Income 2019: $7,0322019Revenue 2020: $436,470Expenses 2020: $406,260Net Income 2020: $30,2102020Revenue 2021: $561,457Expenses 2021: $473,892Net Income 2021: $87,5652021Revenue 2022: $539,196Expenses 2022: $518,357Net Income 2022: $20,8392022Revenue 2023: $522,973Expenses 2023: $510,994Net Income 2023: $11,9792023Revenue 2024: $550,954Expenses 2024: $507,319Net Income 2024: $43,6352024

Highlighted filing

2024

Revenue$550,954
Expenses$507,319
Net Income$43,635
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$550,954
Mission and Program Overview

Mission

The mission of the gbedf is to position bossier to be competitive in securing new jobs and investment. We seek to place emphasis on infrastructure development, assistance to bossier's rural communities, work force development and regional quality of life issues.

The mission of the greater bossier economic development foundation (gbedf) is to market the bossier community in northwest louisiana. By marketing this area for business and tourism jobs, we help build up the state's economy and in turn, keep our tax base healthy and growing.the greater bossier economic development foundation (gbedf) is the leadership organization for economic development in bossier city and bossier parish. Beyond our partnership with local governments we also support regional efforts to diversify our local economy. Gbedf places emphasis on funding projects and initiatives that create jobs for the local economy. Our community investment impacts workforce development, manufacturing, quality of life, infrastructure upgrades, and assists bossier's rural communities in economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$567,074$597,056▲ $29,982
Cash and Non-Interest-Bearing Accounts$421,426$450,858▲ $29,432
Land, Buildings, and Equipment, Net$8,157$4,188▼ $3,969
Accounts Receivable$13,100$1,525▼ $11,575
Total Assets$1,288,834$1,216,088▼ $72,746
Other Assets Total$279,077$162,461▼ $116,616
Liabilities
Mortgage Notes Payable Secured by Investment Property$279,077$162,461▼ $116,616
Accounts Payable and Accrued Expenses$5,938$6,173▲ $235
Total Liabilities$285,015$168,634▼ $116,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,003,819$1,047,454▲ $43,635
Total Net Assets Fund Balance$1,003,819$1,047,454▲ $43,635
Total Liabilities and Net Assets / Fund Balance$1,288,834$1,216,088▼ $72,746

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$607$23,749$24,356
Other Land Buildings$3,581$20,115$23,696
Leasehold Improvements$0$13,139$13,139
Other Assets Org$162,461--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David R Rockett JrExecutive DirectorFT$145,108$38,923$184,031

Board Members and Trustees

NameTitle
Gary HubbardChairman
John Michael MooreImmediate Past Chairman
Adam JohnstonVice Chairman
Charlie CoyleDirector
Don UpdegraffDirector
Doug RogersDirector
Ian McelroyDirector
John BonomoDirector
Jonathan ReynoldsDirector
Kiley GrantDirector
Lance MosleyDirector
Margaret SheheeDirector
Mike BoggsDirector
Rand FalbaumDirector
Tim WilhiteDirector
Tommy BoggsDirector
Carlton GoldenAdvisory Appointee
Ross BarrettSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$509,509
Program Service Revenue
$0
Investment Income
$36,945
Other Revenue
$4,500
All Other Contributions
$50,000
Change in Net Assets
$43,635

Audited Revenue Reconciliation

Revenue per Audited Statements
$550,954
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$550,954
Total Revenue per Form 990
$550,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$261,698
Other Expenses$182,646
Grants and Similar Amounts Paid$62,975
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$145,108
Grants to Domestic Orgs---$62,975
Other Employee Benefits---$60,463
Advertising---$43,679
Occupancy---$42,851
Other Salaries and Wages---$37,862
Office Expenses---$22,540
Fees for Services Accounting---$17,137
Payroll Taxes---$14,095
Travel---$11,400
Pension Plan Contributions---$4,170
Depreciation Depletion---$3,969
Conferences and Meetings---$2,733
Insurance---$2,044
Information Technology---$1,190
Fees for Services Legal---$770
Other Expenses---$228
Total Functional Expenses$0$0$0$507,319

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$507,319
Total Expenses per Audited Statements$507,319
Total Expenses per Form 990$507,319
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Barksdale ForwardShreveport, LA501(c)(3)General Support for the Organization and Support for the Air Show$20,000
Independence Bowl FoundationShreveport, LA501(c)(3)To Support the Indy Bowl$20,000
Shreveport-bossier Washington Mardi GrasShreveport, LA501(c)(6)To Support Mardi Gras Event in Washington Dc$11,610
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“There is a family relationship between some of the members of the board of directors.”

Form 990, Part VI, Section A, Line 6

“The organization has members. Members are business leaders and other individuals from the community.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is provided to the board members prior to filing.”

Form 990, Part VI, Section B, Line 15

“The board is made aware of salary comparability data from other foundations. Salaries of all employees are discussed and approved by the board of directors. The board approves the budget for the foundation.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Bossier Economic Development
EIN
20-1024559
Phone
3187426043
Address
574 BOARDWALK BOULEVARD, BOSSIER CITY, LA 71111

Signing Officer

Name
David Rockett Jr
Title
Executive Director
Phone
3187426043
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rockett Jr
Formed
1979
Legal Domicile
La
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
20

Preparer

Firm
Heard Mcelroy & Vestal LLC
Address
333 TEXAS STREET SUITE 1525, SHREVEPORT, LA 71101
Preparer
Jennifer M Hill
Phone
3184291525
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The organization has not changed the process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from income taxes as an organization described in section 501(c)(6) of the internal revenue code. The foundation has been classified as an organization that is not a private foundation under section 509(a). Accordingly, there is no provision for income taxes in these financial statements, however, the foundation is required to file an annual information tax return. The foundation is required to review various tax positions it has taken with respect to its exempt status and determining whether in fact it continues to qualify as a tax exempt entity. It must also consider whether it has nexus in jurisdictions in which it has income and whether a tax return is required in those jurisdictions. In addition, as a tax exempt entity, the foundation must asess whether it has any tax positions associated with unrelated business income subject to income tax. The foundation does not expect any of these tax positions to change significantly over the next twelve months. Any penalties related to late filing or other requirements would be recognized as penalties expense in the foundation's accounting records. The foundation is required to file u.s. Federal form 990 for informational purposes. Its federal income tax returns remain subject to examination by the internal revenue service, generally for three years after they were filed. There are no examinations currently in process.”

Raw XML AppendixShowing 400 of 503 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS TO MARKET THE BOSSIER COMMUNITY IN NORTHWEST LOUISIANA. BY MARKETING THIS AREA FOR BUSINESS AND TOURISM JOBS, WE HELP BUILD UP THE STATE'S ECONOMY AND IN TURN, KEEP OUR TAX BASE HEALTHY AND GROWING.THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS THE LEADERSHIP ORGANIZATION FOR ECONOMIC DEVELOPMENT IN BOSSIER CITY AND BOSSIER PARISH. BEYOND OUR PARTNERSHIP WITH LOCAL GOVERNMENTS WE ALSO SUPPORT REGIONAL EFFORTS TO DIVERSIFY OUR LOCAL ECONOMY. GBEDF PLACES EMPHASIS ON FUNDING PROJECTS AND INITIATIVES THAT CREATE JOBS FOR THE LOCAL ECONOMY. OUR COMMUNITY INVESTMENT IMPACTS WORKFORCE DEVELOPMENT, MANUFACTURING, QUALITY OF LIFE, INFRASTRUCTURE UPGRADES, AND ASSISTS BOSSIER'S RURAL COMMUNITIES IN ECONOMIC DEVELOPMENT.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ADVISORY APPOINTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
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IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0408819
IRS990/GrantsToDomesticOrgsGrp/TotalAmt062975
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0550954
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01190
IRS990/InsuranceGrp/TotalAmt02044
IRS990/InvestmentIncomeGrp/ExclusionAmt036945
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036945
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt057003
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08157
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04188
IRS990/LandBldgEquipCostOrOtherBssAmt061191
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt050690
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE GREATER BOSSIER ECONOMIC DEVELOPMENT FOUNDATION (GBEDF) IS TO MARKET THE BOSSIER COMMUNITY IN NORTHWEST LOUISIANA. BY MARKETING THIS AREA FOR BUSINESS AND TOURISM JOBS, WE HELP BUILD UP THE STATE'S ECONOMY AND IN TURN, KEEP OUR TAX BASE HEALTHY AND GROWING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0279077
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0162461
IRS990/NetAssetsOrFundBalancesBOYAmt01003819
IRS990/NetAssetsOrFundBalancesEOYAmt01047454
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01047454
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt042851
IRS990/OfficeExpensesGrp/TotalAmt022540
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0279077
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060463
IRS990/OtherExpensesGrp/Desc0SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc1LEGISLATIVE MONITORING
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt026800
IRS990/OtherExpensesGrp/TotalAmt16000
IRS990/OtherExpensesGrp/TotalAmt21305
IRS990/OtherExpensesGrp/TotalAmt3228
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04500
IRS990/OtherRevenueTotalAmt04500
IRS990/OtherSalariesAndWagesGrp/TotalAmt037862
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt014095
IRS990/PensionPlanContributionsGrp/TotalAmt04170
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID ROCKETT JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES INCLUDE SUPPORT FOR: BOSSIER CHAMBER, SHREVEPORT-BOSSIER FILM OFFICE, BOSSIER ARTS COUNCIL, FILM PRIZE FOUNDATION, BPCC FOUNDATION, AND VARIOUS OTHER PROJECTS TO SUPPORT THE COMMUNITY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0500306
IRS990/PYGrantsAndSimilarPaidAmt080747
IRS990/PYInvestmentIncomeAmt018452
IRS990/PYOtherExpensesAmt0191819
IRS990/PYOtherRevenueAmt04215
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt011979
IRS990/PYSalariesCompEmpBnftPaidAmt0238428
IRS990/PYTotalExpensesAmt0510994
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0522973
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt043635
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0567074
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0597056
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0607
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023749
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024356
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0507319
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013139
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0162461
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LEASE RIGHT OF USE ASSET
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020115
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023696
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0550954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THESE FINANCIAL STATEMENTS, HOWEVER, THE FOUNDATION IS REQUIRED TO FILE AN ANNUAL INFORMATION TAX RETURN. THE FOUNDATION IS REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS EXEMPT STATUS AND DETERMINING WHETHER IN FACT IT CONTINUES TO QUALIFY AS A TAX EXEMPT ENTITY. IT MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH IT HAS INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS A TAX EXEMPT ENTITY, THE FOUNDATION MUST ASESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION DOES NOT EXPECT ANY OF THESE TAX POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE FOUNDATION'S ACCOUNTING RECORDS. THE FOUNDATION IS REQUIRED TO FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. ITS FEDERAL INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THERE ARE NO EXAMINATIONS CURRENTLY IN PROCESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0162461
IRS990ScheduleD/TotalExpensesPerForm990Amt0507319
IRS990ScheduleD/TotalRevenuePerForm990Amt0550954
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0550954
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0507319
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt211610
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(6)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT FOR THE ORGANIZATION AND SUPPORT FOR THE AIR SHOW
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT THE INDY BOWL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO SUPPORT MARDI GRAS EVENT IN WASHINGTON DC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BARKSDALE FORWARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1INDEPENDENCE BOWL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SHREVEPORT-BOSSIER WASHINGTON MARDI GRAS
IRS990ScheduleI/RecipientTable/RecipientEIN0721268137
IRS990ScheduleI/RecipientTable/RecipientEIN1720927228
IRS990ScheduleI/RecipientTable/RecipientEIN2721251999
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 625
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 1723
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 962
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SHREVEPORT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SHREVEPORT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SHREVEPORT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2LA
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd171166
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd271163
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt038923

Document Assets

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Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,216,088
Liabilities
$168,634
Net assets
$1,047,454
Revenue
$550,954
Expenses
$507,319
Net income
$43,635
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.17$1.05$0.55$0.51$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.29$0.29$1.00$0.52$0.51$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.33$0.99$0.54$0.52$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.97$0.56$0.47$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$0.44$0.41$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.85$0.56$0.55$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.55$0.51$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.81$0.55$0.54$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.55$0.53$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$0.58$0.51$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.71$0.56$0.49$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.52$0.47$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.00$1.28$0.53