Civic Intelligence

Foundation for Louisiana

990 • Fiscal year 2016 • EIN 20-3399944

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 02, 2017

4354 S Sherwood Forest Blvd No 100Baton Rouge, LA 70816-4475

(225) 383-1672

Siviq Scores

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

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.56x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

81st percentile

21%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

79th percentile

$215,379

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

74th percentile

10%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

199%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$6,012,808

Up $551,797 (+10%) from 2015

Net Assets

Up

$4,615,237

Up $163,508 (+3.7%) from 2015

Liabilities

Up

$1,397,571

Up $388,289 (+38%) from 2015

Revenue

Up

$2,502,289

Up $1,666,334 (+199%) from 2015

Expenses

Up

$1,976,525

Up $484,103 (+32%) from 2015

Net Income

Up

$525,764

Up $1,182,231 (+180%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $13,117,772Liabilities 2010: $685,115Net Assets 2010: $12,432,6572010Assets 2011: $10,158,645Liabilities 2011: $164,153Net Assets 2011: $9,994,4922011Assets 2012: $8,052,360Liabilities 2012: $1,171,775Net Assets 2012: $6,880,5852012Assets 2013: $6,911,112Liabilities 2013: $1,225,132Net Assets 2013: $5,685,9802013Assets 2014: $6,215,150Liabilities 2014: $1,106,954Net Assets 2014: $5,108,1962014Assets 2015: $5,461,011Liabilities 2015: $1,009,282Net Assets 2015: $4,451,7292015Assets 2016: $6,012,808Liabilities 2016: $1,397,571Net Assets 2016: $4,615,2372016Assets 2017: $7,724,394Liabilities 2017: $1,373,229Net Assets 2017: $6,351,1652017Assets 2018: $8,832,295Liabilities 2018: $3,819,418Net Assets 2018: $5,012,8772018Assets 2019: $10,745,038Liabilities 2019: $3,907,577Net Assets 2019: $6,837,4612019Assets 2020: $11,951,965Liabilities 2020: $3,672,515Net Assets 2020: $8,279,4502020Assets 2021: $13,807,161Liabilities 2021: $4,435,566Net Assets 2021: $9,371,5952021Assets 2022: $17,167,446Liabilities 2022: $5,304,376Net Assets 2022: $11,863,0702022Assets 2023: $16,259,098Liabilities 2023: $4,299,784Net Assets 2023: $11,959,3142023Assets 2024: $16,781,580Liabilities 2024: $4,230,871Net Assets 2024: $12,550,7092024

Highlighted filing

2016

Assets$6,012,808
Liabilities$1,397,571
Net Assets$4,615,237

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,200,7702010Revenue 2011: $1,787,761Expenses 2011: $4,225,926Net Income 2011: -$2,438,1652011Revenue 2012: $1,397,469Expenses 2012: $4,407,542Net Income 2012: -$3,010,0732012Expenses 2013: $1,884,3912013Revenue 2014: $840,214Expenses 2014: $1,417,998Net Income 2014: -$577,7842014Revenue 2015: $835,955Expenses 2015: $1,492,422Net Income 2015: -$656,4672015Revenue 2016: $2,502,289Expenses 2016: $1,976,525Net Income 2016: $525,7642016Revenue 2017: $6,063,758Expenses 2017: $3,963,654Net Income 2017: $2,100,1042017Revenue 2018: $3,139,026Expenses 2018: $4,323,763Net Income 2018: -$1,184,7372018Revenue 2019: $5,729,443Expenses 2019: $4,021,209Net Income 2019: $1,708,2342019Revenue 2020: $4,749,583Expenses 2020: $3,433,223Net Income 2020: $1,316,3602020Revenue 2021: $9,417,372Expenses 2021: $8,922,794Net Income 2021: $494,5782021Revenue 2022: $8,190,410Expenses 2022: $4,473,027Net Income 2022: $3,717,3832022Revenue 2023: $4,845,870Expenses 2023: $5,272,832Net Income 2023: -$426,9622023Revenue 2024: $6,680,084Expenses 2024: $6,815,543Net Income 2024: -$135,4592024

Highlighted filing

2016

Revenue$2,502,289
Expenses$1,976,525
Net Income$525,764
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 2, 2017
Return Version
2015v3.0
Gross Receipts
$4,199,419
Mission and Program Overview

Mission

The mission of the foundation for louisiana is to invest in people and practices that work to reduce vulnerability and build stronger, more sustainable communities statewide.

Ffl invests in people and practices to build stronger, more sustainable communities statewide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,964,775$4,158,004▲ $1,193,229
Accounts Receivable$1,840,163$1,164,952▼ $675,211
Savings and Temporary Cash Investments$343,690$268,755▼ $74,935
Cash and Non-Interest-Bearing Accounts$250,010$250,000▼ $10
Land, Buildings, and Equipment, Net$62,373$167,825▲ $105,452
Total Assets$5,461,011$6,012,808▲ $551,797
Other Assets Total$0$3,272▲ $3,272
Liabilities
Mortgage Notes Payable Secured by Investment Property$846,154$692,308▼ $153,846
Escrow Account Liability$161,566$623,094▲ $461,528
Grants Payable-$62,550-
Accounts Payable and Accrued Expenses-$15,714-
Other Liabilities$1,562$3,905▲ $2,343
Total Liabilities$1,009,282$1,397,571▲ $388,289
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,920,835$3,487,989▲ $567,154
Unrestricted Net Assets$1,530,894$1,127,248▼ $403,646
Total Net Assets Fund Balance$4,451,729$4,615,237▲ $163,508
Total Liabilities and Net Assets / Fund Balance$5,461,011$6,012,808▲ $551,797

Asset Categories

AssetBook ValueDepreciationBasis
Land$148,321-$148,321
Equipment$19,504$33,367$52,871
Other Securities$4,158,004--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Flozell Daniels JrPresident and CEOFT$189,745$25,634$215,379
Matt NunezChief Operating OfficerFT$131,947$12,042$143,989
Alfredo CruzVice-president of Programs & Special InitiativesFT$92,700$10,273$102,973

Board Members and Trustees

NameTitle
Pamela JenkinsChairperson
Alvertha PenneyVice-chair
Ret Lieutenant General Russel HonorDirector
Telley MadinaDirector
Ambassador James JosephEx-officio
Linetta GilbertEx-officio
Mark QuinnSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,444,467
Program Service Revenue
$0
Investment Income
$57,822
Other Revenue
$0
All Other Contributions
$2,444,467
Change in Net Assets
$525,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,491,541
Revenue Not Reported on Financial Statements
$10,748
Revenue Not Reported on Form 990
$60,625
Total Revenue per Audited Statements
$2,552,166
Total Revenue per Form 990
$2,502,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$996,674
Salaries, Compensation, and Employee Benefits$683,029
Grants and Similar Amounts Paid$296,822
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$287,178$135,143-$422,321
Grants to Domestic Orgs$296,822--$296,822
Conferences and Meetings$145,398$3,484-$148,882
Other Salaries and Wages$97,437$44,712-$142,149
Travel$74,956$17,338-$92,294
Other Employee Benefits$29,286$50,387-$79,673
Occupancy$15,983$27,063-$43,046
Office Expenses$24,641$14,605-$39,246
Payroll Taxes$27,050$11,836-$38,886
Fees for Services Accounting-$23,517-$23,517
Other Expenses$14,807$8,709-$23,516
Insurance$7,605$1,178-$8,783
Interest$7,692--$7,692
All Other Expenses$1,709$4,572-$6,281
Depreciation Depletion-$5,456-$5,456
Advertising$1,648$1,497-$3,145
Fees for Services Legal-$150-$150
Total Functional Expenses$1,546,581$429,944$0$1,976,525

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,976,525
Total Expenses per Audited Statements$1,976,525
Total Expenses per Form 990$1,976,525
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Crescent City CltNew Orleans, LA501(c)3Housing$70,000
LOUISIANA CHILDREN'S MUSEUMNew Orleans, LA501(c)3Civic Engagement$65,000
Justice & Accountability Center of LaNew Orleans, LA501(c)3Advocacy$25,400
Baton Rouge Sponsoring CommitteeBaton Rouge, LA501(c)3Advocacy$25,000
National Wildlife FederationNew Orleans, LA501(c)3Advocacy$20,000
Neo Jazz School of MusicNew Orleans, LA501(c)3Civic Engagement$17,500
Metro Bicycle Coalition of NoNew Orleans, LA501(c)3Advocacy$11,350
Project South the Institution for the Elimination of PovertyAtlanta, GA501(c)3Advocacy$8,400
Coalition to Restore Coastal LouisianaBaton Rouge, LA501(c)3Advocacy$5,000
GREATER TREME' CONSORTIUMNew Orleans, LA501(c)3Advocacy$5,000
Nfungotah IncNew Orleans, LA501(c)3Civic Engagement$5,000
Nonprofit Knowledge Works IncNew Orleans, LA501(c)3Advocacy$5,000
Urban League of Greater NoNew Orleans, LA501(c)3Civic Engagement$5,000
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$3,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

After completion and filing of the 990, it is reviewed by flozell daniels, jr., ceo. At the next board meeting following the filing of the 990, a copy is reviewed by the board members.

Form 990, Part VI, Section C, Line 19

Ffl makes their governing documents, conflict of interest policy, and financial statements available to the public upon request of this information.

Filing and Contact Details

Filer

Filer Name
Foundation for Louisiana
EIN
20-3399944
Phone
2253831672
Address
4354 S SHERWOOD FOREST BLVD NO 100, BATON ROUGE, LA 70816-4475

Signing Officer

Name
Flozell Daniels Jr
Title
CEO
Phone
2253831672
Signed
2017-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Flozell Daniels Jr
Formed
2005
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
0

Preparer

Firm
Bourgeois Bennett LLC
Address
111 VETERANS BLVD 17TH FLOOR, METAIRIE, LA 70005
Preparer
Laurence R Holmes
Phone
5048314949
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The prior period adjustment of $(412,133) is due to the accounting method changing from cash basis to accrual basis during the year.

Financial Statement Notes

PART IV, LINE 2B:

Ffl has entered into agreements to act as the fiscal sponsor for agol 2015, strive nola, equity plan new orleans and network new orleans. Ffl has entered into mou's with these organizations to handle their finances for a fee. These entities are wholly responsible and in control as to the funds they bring in and how they expend these funds. A gathering of leaders (agol) 2015 was an invitation-only conference that drew over 400 leaders from over 25 cities across the country who are part of existing networks and coalitions, as well as national groups, funders, and scholars dedicated to improving outcomes for boys and men of color. Strive nola is a job program for african american males in new orleans. Equity plan new orleans improves healthy living opportunities for children by creating a racial equity/inclusion plan. Network new orleans establishes productive partnerships among local industries, small businesses, resident, nonprofits, philanthropy and city agencies with a goal of expanding economic opportunity for all new orleanians.

PART X, LINE 2:

Accounting standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in an entity's financial statements. These standards require an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. As of june 30, 2016, the foundation believes that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Tax years june 30, 2013 and later remain subject to examination by taxing authorities.

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IRS990/InterestGrp/ProgramServicesAmt07692
IRS990/InterestGrp/TotalAmt07692
IRS990/InvestmentExpenseAmt0-10748
IRS990/InvestmentIncomeGrp/ExclusionAmt0116547
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0116547
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02964775
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04158004
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt033367
IRS990/LandBldgEquipBasisNetGrp/BOYAmt062373
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0167825
IRS990/LandBldgEquipCostOrOtherBssAmt0201192
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01697130
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE FOUNDATION FOR LOUISIANA IS TO INVEST IN PEOPLE AND PRACTICES THAT WORK TO REDUCE VULNERABILITY AND BUILD STRONGER, MORE SUSTAINABLE COMMUNITIES STATEWIDE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0846154
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0692308
IRS990/NetAssetsOrFundBalancesBOYAmt04451729
IRS990/NetAssetsOrFundBalancesEOYAmt04615237
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-58725
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-58725
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt060625
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt027063
IRS990/OccupancyGrp/ProgramServicesAmt015983
IRS990/OccupancyGrp/TotalAmt043046
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014605
IRS990/OfficeExpensesGrp/ProgramServicesAmt024641
IRS990/OfficeExpensesGrp/TotalAmt039246
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt03272
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050387
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029286
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079673
IRS990/OtherExpensesGrp/Desc0CONSULTING FEES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2DATA PROCESSING
IRS990/OtherExpensesGrp/Desc3MEETINGS & MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt054150
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126147
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28709
IRS990/OtherExpensesGrp/ProgramServicesAmt0326262
IRS990/OtherExpensesGrp/ProgramServicesAmt1177221
IRS990/OtherExpensesGrp/ProgramServicesAmt210886
IRS990/OtherExpensesGrp/ProgramServicesAmt314807
IRS990/OtherExpensesGrp/TotalAmt0380412
IRS990/OtherExpensesGrp/TotalAmt1177221
IRS990/OtherExpensesGrp/TotalAmt237033
IRS990/OtherExpensesGrp/TotalAmt323516
IRS990/OtherLiabilitiesGrp/BOYAmt01562
IRS990/OtherLiabilitiesGrp/EOYAmt03905
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044712
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097437
IRS990/OtherSalariesAndWagesGrp/TotalAmt0142149
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011836
IRS990/PayrollTaxesGrp/ProgramServicesAmt027050
IRS990/PayrollTaxesGrp/TotalAmt038886
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0FLOZELL DANIELS JR
IRS990/PriorPeriodAdjustmentsAmt0-412133
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0721256
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0517923
IRS990/PYInvestmentIncomeAmt0114699
IRS990/PYOtherExpensesAmt0351082
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-656467
IRS990/PYSalariesCompEmpBnftPaidAmt0623417
IRS990/PYTotalExpensesAmt01492422
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0835955
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0525764
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0343690
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0268755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02561014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0721256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0734124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0529476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01235579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05781449
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0116547
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0106090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0160310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0161890
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0659536
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40750
IRS990ScheduleA/PublicSupportPY170Pct00.41450
IRS990ScheduleA/PublicSupportTotal170Amt02624484
IRS990ScheduleA/SubstantialContributorsTotAmt03156965
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02561014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0721256
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0734124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0529476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01235579
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05781449
IRS990ScheduleA/TotalSupportAmt06440985
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
IRS990ScheduleD/AdditionsDuringYearAmt01382778
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt0161566
IRS990ScheduleD/DistributionsDuringYearAmt0921250
IRS990ScheduleD/EndingBalanceAmt0623094
IRS990ScheduleD/EquipmentGrp/BookValueAmt019504
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033367
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052871
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01976525
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvestmentExpensesNotIncldAmt010748
IRS990ScheduleD/LandGrp/BookValueAmt0148321
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0148321
IRS990ScheduleD/NetUnrealizedGainsInvstAmt060625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04158004
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt060625
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010748
IRS990ScheduleD/RevenueSubtotalAmt02491541
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FFL HAS ENTERED INTO AGREEMENTS TO ACT AS THE FISCAL SPONSOR FOR AGOL 2015, STRIVE NOLA, EQUITY PLAN NEW ORLEANS AND NETWORK NEW ORLEANS. FFL HAS ENTERED INTO MOU'S WITH THESE ORGANIZATIONS TO HANDLE THEIR FINANCES FOR A FEE. THESE ENTITIES ARE WHOLLY RESPONSIBLE AND IN CONTROL AS TO THE FUNDS THEY BRING IN AND HOW THEY EXPEND THESE FUNDS. A GATHERING OF LEADERS (AGOL) 2015 WAS AN INVITATION-ONLY CONFERENCE THAT DREW OVER 400 LEADERS FROM OVER 25 CITIES ACROSS THE COUNTRY WHO ARE PART OF EXISTING NETWORKS AND COALITIONS, AS WELL AS NATIONAL GROUPS, FUNDERS, AND SCHOLARS DEDICATED TO IMPROVING OUTCOMES FOR BOYS AND MEN OF COLOR. STRIVE NOLA IS A JOB PROGRAM FOR AFRICAN AMERICAN MALES IN NEW ORLEANS. EQUITY PLAN NEW ORLEANS IMPROVES HEALTHY LIVING OPPORTUNITIES FOR CHILDREN BY CREATING A RACIAL EQUITY/INCLUSION PLAN. NETWORK NEW ORLEANS ESTABLISHES PRODUCTIVE PARTNERSHIPS AMONG LOCAL INDUSTRIES, SMALL BUSINESSES, RESIDENT, NONPROFITS, PHILANTHROPY AND CITY AGENCIES WITH A GOAL OF EXPANDING ECONOMIC OPPORTUNITY FOR ALL NEW ORLEANIANS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THESE STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2016, THE FOUNDATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS JUNE 30, 2013 AND LATER REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0167825
IRS990ScheduleD/TotalBookValueSecuritiesAmt04158004
IRS990ScheduleD/TotalExpensesPerForm990Amt01976525
IRS990ScheduleD/TotalLiabilityAmt03905
IRS990ScheduleD/TotalRevenuePerForm990Amt02502289
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02552166
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01976525
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/CashGrantAmt270000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt425400
IRS990ScheduleI/RecipientTable/CashGrantAmt565000
IRS990ScheduleI/RecipientTable/CashGrantAmt611350
IRS990ScheduleI/RecipientTable/CashGrantAmt720000
IRS990ScheduleI/RecipientTable/CashGrantAmt817500
IRS990ScheduleI/RecipientTable/CashGrantAmt95000
IRS990ScheduleI/RecipientTable/CashGrantAmt105000
IRS990ScheduleI/RecipientTable/CashGrantAmt118400
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ADVOCACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ADVOCACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ADVOCACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ADVOCACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5CIVIC ENGAGEMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ADVOCACY

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$4.23$12.6$6.68$6.82$0.14
2023Summary only. Only limited summary data is available for this year.$16.3$4.30$12.0$4.85$5.27$0.43
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$5.30$11.9$8.19$4.47$3.72
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$4.44$9.37$9.42$8.92$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$3.67$8.28$4.75$3.43$1.32
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$3.91$6.84$5.73$4.02$1.71
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.83$3.82$5.01$3.14$4.32$1.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$1.37$6.35$6.06$3.96$2.10
2016Detailed filing. Detailed filing data is available for this year.$6.01$1.40$4.62$2.50$1.98$0.53
2015Detailed filing. Detailed filing data is available for this year.$5.46$1.01$4.45$0.84$1.49$0.66
2014Summary only. Only limited summary data is available for this year.$6.22$1.11$5.11$0.84$1.42$0.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.91$1.23$5.69$1.88
2012Summary only. Only limited summary data is available for this year.$8.05$1.17$6.88$1.40$4.41$3.01
2011Summary only. Only limited summary data is available for this year.$10.2$0.16$9.99$1.79$4.23$2.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$0.69$12.4$7.20