Civic Intelligence

Upper Lafayette Economic Development Foundation

990EZ • Fiscal year 2017 • EIN 20-5006336

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

2901 Moss StreetLafayette, LA 70501

(337) 761-6326

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.23x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$49,583

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 53.1% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

19th percentile

-17%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-22%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$91,182

Down $18,321 (-17%) from 2016

Net Assets

Down

$69,979

Down $18,950 (-21%) from 2016

Liabilities

Up

$21,203

Up $629 (+3.1%) from 2016

Revenue

Down

$93,292

Down $26,920 (-22%) from 2016

Expenses

Down

$112,242

Down $15,961 (-12%) from 2016

Net Income

Down

-$18,950

Down $10,959 (-137%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2011: $38,109Liabilities 2011: $23,197Net Assets 2011: $14,9122011Assets 2012: $40,572Liabilities 2012: $22,381Net Assets 2012: $18,1912012Assets 2013: $74,640Liabilities 2013: $27,881Net Assets 2013: $46,7592013Assets 2014: $112,618Liabilities 2014: $38,721Net Assets 2014: $73,8972014Assets 2015: $121,532Liabilities 2015: $24,612Net Assets 2015: $96,9202015Assets 2016: $109,503Liabilities 2016: $20,574Net Assets 2016: $88,9292016Assets 2017: $91,182Liabilities 2017: $21,203Net Assets 2017: $69,9792017Assets 2018: $17,035Liabilities 2018: $16,404Net Assets 2018: $6312018Assets 2019: $5,469Liabilities 2019: $12,900Net Assets 2019: -$7,4312019Assets 2020: $2,541Liabilities 2020: $57,400Net Assets 2020: -$54,8592020Assets 2021: $2,089Liabilities 2021: $104,900Net Assets 2021: -$102,8112021Assets 2022: $1,733Liabilities 2022: $150,900Net Assets 2022: -$149,1672022

Highlighted filing

2017

Assets$91,182
Liabilities$21,203
Net Assets$69,979

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $79,611Expenses 2011: $72,004Net Income 2011: $7,6072011Revenue 2012: $86,993Expenses 2012: $83,714Net Income 2012: $3,2792012Revenue 2013: $139,416Expenses 2013: $110,848Net Income 2013: $28,5682013Revenue 2014: $148,103Expenses 2014: $120,965Net Income 2014: $27,1382014Revenue 2015: $152,345Expenses 2015: $129,322Net Income 2015: $23,0232015Revenue 2016: $120,212Expenses 2016: $128,203Net Income 2016: -$7,9912016Revenue 2017: $93,292Expenses 2017: $112,242Net Income 2017: -$18,9502017Revenue 2018: $55,597Expenses 2018: $124,945Net Income 2018: -$69,3482018Revenue 2019: $46,163Expenses 2019: $54,225Net Income 2019: -$8,0622019Revenue 2020: $16,100Expenses 2020: $63,528Net Income 2020: -$47,4282020Revenue 2021: $15,850Expenses 2021: $63,802Net Income 2021: -$47,9522021Revenue 2022: $25,600Expenses 2022: $71,956Net Income 2022: -$46,3562022

Highlighted filing

2017

Revenue$93,292
Expenses$112,242
Net Income-$18,950
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$93,292
Mission and Program Overview

Mission

To enhance and direct the positive planned development of Upper Lafayette's economy; focusing on quality of life, with the support of and for local business and community leaders, organizations and homeowners.

To enhance and direct the positive, planned growth of Upper Lafayette, focusing on quality of life, while participating in the overall development of the Greater Lafayette Metropolitan Area.

Program Services

DescriptionGrantsExpenses
Furthering the economic development, educational outcomes and general welfare of the community and citizens of the geographic upper portion of Lafayette Parish, LA and promoting civic pride and improvements. Participated in events to promote infrastructure and business development. Ex Director conducts periodic business visitation outreach sessions in the membership's geographic area. Hosted TEAM Link Success Summits every other month providing networking and learning opportunities for business owners. Participated with local public school system to promote improved educational outcomes.--
Produced original television interview shows as well as filmed meeting content from events,outreach and membership forums. Programs air on the local public access channel, are posted to the organization's website,and are made available to guests at no charge to inform interested parties of the businesses and the goods & services they provide in and to the upper geographic region of Lafayette Parish.--
Created, published and posted monthly newsletters. Distribution intended for organization members, the businesses they represent, and community members and other interested parties. Update our website's news articles to keep the community and members abreast of business growth,econcomic development and educational initiatives impacting the Upper Lafayette Parish region, its citizens and businesses. Produced six events for membership to attend including networking events and luncheons providing information on matters such as honoring local flood recovery leaders, telemedicine and healthcare delivery advancements, and economic development in the area served.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jan SwiftExecutive DirecPT$49,583-$49,583
Bradley BlackExecutive DirectorPT$20,000$441$20,441
Kirk LaCourDirector-$0--
Brenda FoulcardDirector-$0--
Todd CitronVice President-$0--
Zachary BarkerSecretary/Treas-$0--
Adrian BaudoinDirector-$0--
Ken LazardDirector-$0--
Herbert SchillingDirector-$0--
David WelchDirector-$0--
Chad ColePresident-$0--
Monty WarrenDirector-$0--
Donna LandryDirector-$0--
Jerry VascocuDirector-$0--
Bryan TaborDirector-$0--
Filing and Contact Details

Filer

Filer Name
Upper Lafayette Economic Dev Foundation
EIN
20-5006336
Phone
3377616326
Address
2901 Moss Street, Lafayette, LA 70501

Signing Officer

Name
Chad Cole
Title
President
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Going Sebastien Fisher Lebouef
Address
2811 South Union Street, Opelousas, LA 70570
Preparer
Mark P Harris CPA
Phone
3379423041
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1224

Other Expenses.1003

Information Technology $1747

Other Expenses.1007

Conferences, Conventions, and Meetings $150

Other Expenses.1008

Interest $25

Other Expenses.1

Fourums and meeting expenses $14392

Other Expenses.2

Mileage & auto reimb $2221

Other Expenses.3

Television Production Costs $910

Other Expenses.4

Communications, phone $750

Other Expenses.5

Board meetings expenses $452

Other Expenses.7

Dues & Subscriptions $302

Other Expenses.8

Photography $275

Other Expenses.9

Meals and Entertainment $261

Other Expenses.11

Floral and Door Prizes $127

Other Expenses.12

Payroll Processing Fee $83

Other Expenses.13

Bank charges $61

Other Expenses.14

Professional Development $60

Other Expenses.15

Licence / Reg Fee $15

Other Assets.1005

Accounts Receivable - Beginning $17389 Accounts Receivable - Ending $13350

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $455

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1172 Accounts Payable and Accrued Expenses - Ending $1840

Total Liabilities.1003

Deferred Revenue - Beginning $16750 Deferred Revenue - Ending $18375

Total Liabilities.1

Payroll tax liabilities - Beginning $2652 Payroll tax liabilities - Ending $988

Grants and similar amounts paid, line 10

Acadiana Middle School $500 donation to honor acheivers at the school's year closing ceremony.Leadership Institute of Acadiana $800 sponsor for local students to attend.NHS Legal Academy $650 to sponsor local students attending mock trial/law summer camp.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1224
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $25
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Mileage & auto reimb $2221
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Communications, phone $750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Board meetings expenses $452
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Dues & Subscriptions $302
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Professional Development $60
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accounts Receivable - Beginning $17389 Accounts Receivable - Ending $13350
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Acadiana Middle School $500 donation to honor acheivers at the school's year closing ceremony.Leadership Institute of Acadiana $800 sponsor for local students to attend.NHS Legal Academy $650 to sponsor local students attending mock trial/law summer camp.
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Chad Cole
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Upper Lafayette Economic Dev Foundation
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0205006336
ReturnHeader/Filer/PhoneNum03377616326
ReturnHeader/Filer/USAddress/AddressLine1Txt02901 Moss Street
ReturnHeader/Filer/USAddress/CityNm0Lafayette
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263940785
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOING SEBASTIEN FISHER LEBOUEF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02811 South Union Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Opelousas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070570
ReturnHeader/PreparerPersonGrp/PhoneNum03379423041
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark P Harris CPA
ReturnHeader/ReturnTs02018-11-14T16:33:35-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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