Civic Intelligence

Louisiana Community Technical College System Foundation

990 • Fiscal year 2015 • EIN 20-5432053

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 08, 2016

265 South Foster DriveBaton Rouge, LA 70806

(225) 922-0721

Siviq Scores

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

Liabilities / Assets

75th percentile

0.42x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

1.83x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,705,160

Up $607,375 (+29%) from 2014

Net Assets

Up

$1,560,795

Up $221,827 (+17%) from 2014

Liabilities

Up

$1,144,365

Up $385,548 (+51%) from 2014

Revenue

Down

$623,993

Down $712,385 (-53%) from 2014

Expenses

Up

$402,166

Up $35,892 (+9.8%) from 2014

Net Income

Down

$221,827

Down $748,277 (-77%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $517,897Liabilities 2010: $279,402Net Assets 2010: $238,4952010Assets 2011: $1,934,003Liabilities 2011: $1,605,972Net Assets 2011: $328,0312011Assets 2012: $997,895Liabilities 2012: $666,046Net Assets 2012: $331,8492012Assets 2013: $943,361Liabilities 2013: $574,497Net Assets 2013: $368,8642013Assets 2014: $2,097,785Liabilities 2014: $758,817Net Assets 2014: $1,338,9682014Assets 2015: $2,705,160Liabilities 2015: $1,144,365Net Assets 2015: $1,560,7952015Assets 2016: $2,776,115Liabilities 2016: $1,109,366Net Assets 2016: $1,666,7492016Assets 2017: $5,004,136Liabilities 2017: $3,570,296Net Assets 2017: $1,433,8402017Assets 2018: $4,237,893Liabilities 2018: $2,309,935Net Assets 2018: $1,927,9582018Assets 2019: $3,853,188Liabilities 2019: $1,424,020Net Assets 2019: $2,429,1682019Assets 2020: $3,784,405Liabilities 2020: $1,323,268Net Assets 2020: $2,461,1372020Assets 2021: $4,111,432Liabilities 2021: $1,616,539Net Assets 2021: $2,494,8932021Assets 2022: $5,607,687Liabilities 2022: $2,127,211Net Assets 2022: $3,480,4762022Assets 2023: $4,019,463Liabilities 2023: $626,648Net Assets 2023: $3,392,8152023Assets 2024: $3,495,177Liabilities 2024: $376,138Net Assets 2024: $3,119,0392024

Highlighted filing

2015

Assets$2,705,160
Liabilities$1,144,365
Net Assets$1,560,795

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $330,600Expenses 2010: $372,880Net Income 2010: -$42,2802010Expenses 2011: $238,3342011Expenses 2012: $356,8112012Revenue 2013: $375,279Expenses 2013: $342,242Net Income 2013: $33,0372013Revenue 2014: $1,336,378Expenses 2014: $366,274Net Income 2014: $970,1042014Revenue 2015: $623,993Expenses 2015: $402,166Net Income 2015: $221,8272015Revenue 2016: $699,578Expenses 2016: $593,624Net Income 2016: $105,9542016Revenue 2017: $872,509Expenses 2017: $1,105,418Net Income 2017: -$232,9092017Revenue 2018: $831,236Expenses 2018: $337,118Net Income 2018: $494,1182018Revenue 2019: $890,082Expenses 2019: $388,872Net Income 2019: $501,2102019Revenue 2020: $1,582,722Expenses 2020: $1,550,753Net Income 2020: $31,9692020Revenue 2021: $757,458Expenses 2021: $723,702Net Income 2021: $33,7562021Revenue 2022: $2,094,680Expenses 2022: $1,038,235Net Income 2022: $1,056,4452022Revenue 2023: $1,772,985Expenses 2023: $1,860,646Net Income 2023: -$87,6612023Revenue 2024: $1,088,319Expenses 2024: $1,362,095Net Income 2024: -$273,7762024

Highlighted filing

2015

Revenue$623,993
Expenses$402,166
Net Income$221,827
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$623,993
Mission and Program Overview

Mission

To promote charitable, educational, scientific and cultural studies for louisiana community and technical college system; to solicit and accept gifts, grants, appropriations, bequests and funds, including property, in order to provide financial assistance to students, including scholarships and other educational endeavors and activities in furtherence of louisiana community and technical college system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,795,441$1,614,948▼ $180,493
Savings and Temporary Cash Investments$110,102$600,000▲ $489,898
Accounts Receivable$26,508$334,525▲ $308,017
Investments Other Securities$163,567$155,056▼ $8,511
Land, Buildings, and Equipment, Net$2,167$631▼ $1,536
Total Assets$2,097,785$2,705,160▲ $607,375
Liabilities
Accounts Payable and Accrued Expenses$751,842$1,128,660▲ $376,818
Deferred Revenue$6,975$15,705▲ $8,730
Total Liabilities$758,817$1,144,365▲ $385,548
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,070,333$1,318,008▲ $247,675
Unrestricted Net Assets$178,150$152,302▼ $25,848
Permanently Rstr Net Assets$90,485$90,485→ $0
Total Net Assets Fund Balance$1,338,968$1,560,795▲ $221,827
Total Liabilities and Net Assets / Fund Balance$2,097,785$2,705,160▲ $607,375

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$10,949$10,949
Equipment$631$7,049$7,680
Other Securities$155,056--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$139,787-▼ $2,944-$132,843
2014$133,253$1,090▲ $5,444-$139,787
2013$89,560$35,485▲ $8,208-$133,253
2012$82,163-▲ $7,397-$89,560
2011$83,294$3,477--$82,163
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen ToupsChair
Christel SlaughterImmediate Past Chair
John SchweenVice Chair
David RockettBoard Member
Joe GeorgusisBoard Member
Keith E GambleBoard Member
Leon L Giorgio JrBoard Member
Matt MckayBoard Member
Millie AtkinsBoard Member
Natalie HarderBoard Member
Stephen C SmithBoard Member
Tim BarfieldBoard Member
Woody OgeBoard Member
Stephanie ErcoliniExecutive Director
Ernest GreenSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$623,086
Program Service Revenue
$0
Investment Income
$832
Other Revenue
$75
All Other Contributions
$623,086
Change in Net Assets
$221,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$623,993
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$79,548
Total Revenue per Audited Statements
$703,541
Total Revenue per Form 990
$623,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,092
Grants and Similar Amounts Paid$142,074
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$148,157--$148,157
Grants to Domestic Orgs$86,268--$86,268
Travel$61,773--$61,773
Grants to Domestic Individuals$55,806--$55,806
Office Expenses$43,566--$43,566
Conferences and Meetings$4,654--$4,654
Depreciation Depletion-$1,536-$1,536
Advertising$406--$406
Total Functional Expenses$400,630$1,536$0$402,166

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$481,714
Expenses per Audited Statements$402,166
Total Expenses per Form 990$402,166
Expenses Not Reported on Form 990$79,548
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baton Rouge Community CollegeBaton Rouge, LA-Grants Awarded for Skills Pipeline Welding Programs$25,000
Delgado Community CollegeNew Orleans, LA-Grants Awarded for Skills Pipeline Welding Programs$25,000
Sowela Technical Community CollegeLake Charles, LA-Grants Awarded for Skills Pipeline Welding Programs$25,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 A, Line 2

Lee giorgio and joe georgius are cousins

Form 990, Part VI, Section B, Line 11

Form 990 is provided to the board for review and approval before submission to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The board of directors must sign a conflict of interest policy statement annually and disclose any issues, which could give rise to potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents, conflict of interest, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Louisiana Community Technical College
EIN
20-5432053
Phone
2259220721
Address
265 SOUTH FOSTER DRIVE, BATON ROUGE, LA 70806

Signing Officer

Name
David Helveston
Title
Vice President, Workforce Division
Phone
2259220721
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Helveston
Formed
2006
Legal Domicile
La
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
175

Preparer

Firm
Faulk & Winkler LLC
Address
6811 JEFFERSON HIGHWAY, BATON ROUGE, LA 70806
Preparer
Jeremy Klibert
Phone
2259276811
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization's long term objective of the funds is to continue to sustain and support the foundation and its tax-exempt purpose.

PART X, LINE 2:

The foundation has been recognized by the internal revenue service as a not-for-profit organization as described in section 501(c)(3) of the internal revenue code and is exempt from federal income taxes. The foundation has adopted the provisions of fasb asc 740-10, accounting for uncertainty in income taxes. Management of the foundation believes there is no impact on the financial statements as a result of asc 740-10. The foundation's open audit periods are 2012 through 2015.

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IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017998
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02167
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0631
IRS990/LandBldgEquipCostOrOtherBssAmt018629
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND CULTURAL STUDIES FOR LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM; TO SOLICIT AND ACCEPT GIFTS, GRANTS, APPROPRIATIONS, BEQUESTS AND FUNDS, INCLUDING PROPERTY, IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, INCLUDING SCHOLARSHIPS AND OTHER EDUCATIONAL ENDEAVORS AND ACTIVITIES IN FURTHERENCE OF LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01338968
IRS990/NetAssetsOrFundBalancesEOYAmt01560795
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt043566
IRS990/OfficeExpensesGrp/TotalAmt043566
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt075
IRS990/OtherRevenueTotalAmt075
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt090485
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt090485
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID HELVESTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01329390
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01040
IRS990/PYInvestmentIncomeAmt06756
IRS990/PYOtherExpensesAmt0365234
IRS990/PYOtherRevenueAmt0232
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0970104
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0366274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01336378
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0221827
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0600000
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0623086
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01329390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0369709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0349208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0319624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02991017
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt079548
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt097394
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt099080
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt040073
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt067989
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0384084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0832
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09754
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06579
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033440
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01667
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01667
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03670
IRS990ScheduleA/PublicSupportCY170Pct00.65630
IRS990ScheduleA/PublicSupportPY170Pct00.60600
IRS990ScheduleA/PublicSupportTotal170Amt02239311
IRS990ScheduleA/SubstantialContributorsTotAmt01135790
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0702634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01426784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0468789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0389281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0387613
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03375101
IRS990ScheduleA/TotalSupportAmt03412211
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/BoardDesignatedBalanceEOYPct00.12270
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0139787
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0132843
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt04000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2944
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0133253
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01090
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0139787
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05444
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt089560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt035485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0133253
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08208
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt082163
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt089560
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07397
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt04608
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt083294
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03477
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt082163
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt079548
IRS990ScheduleD/DonatedServicesUseFcltsAmt079548
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0631
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07680
IRS990ScheduleD/ExpensesNotReportedAmt079548
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0402166
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010949
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010949
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0155056
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BATON ROUGE AREA FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.19610
IRS990ScheduleD/RevenueNotReportedAmt079548
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0623993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S LONG TERM OBJECTIVE OF THE FUNDS IS TO CONTINUE TO SUSTAIN AND SUPPORT THE FOUNDATION AND ITS TAX-EXEMPT PURPOSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE FOUNDATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT OF THE FOUNDATION BELIEVES THERE IS NO IMPACT ON THE FINANCIAL STATEMENTS AS A RESULT OF ASC 740-10. THE FOUNDATION'S OPEN AUDIT PERIODS ARE 2012 THROUGH 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.68120
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0631
IRS990ScheduleD/TotalBookValueSecuritiesAmt0155056
IRS990ScheduleD/TotalExpensesPerForm990Amt0402166
IRS990ScheduleD/TotalRevenuePerForm990Amt0623993
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0703541
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0481714
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt051306
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt11500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt23000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0P-TECH PROGRAM SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GIVE WHERE WE LIVE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2CONSTRUCTION TECH SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt017
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt26
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANTS AWARDED FOR SKILLS PIPELINE WELDING PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GRANTS AWARDED FOR SKILLS PIPELINE WELDING PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GRANTS AWARDED FOR SKILLS PIPELINE WELDING PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BATON ROUGE COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DELGADO COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SOWELA TECHNICAL COMMUNITY COLLEGE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.38$3.12$1.09$1.36$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.63$3.39$1.77$1.86$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$2.13$3.48$2.09$1.04$1.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$1.62$2.49$0.76$0.72$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$1.32$2.46$1.58$1.55$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$1.42$2.43$0.89$0.39$0.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$2.31$1.93$0.83$0.34$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$3.57$1.43$0.87$1.11$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$1.11$1.67$0.70$0.59$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.71$1.14$1.56$0.62$0.40$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.10$0.76$1.34$1.34$0.37$0.97
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.57$0.37$0.38$0.34$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.67$0.33$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.61$0.33$0.24
2010Summary only. Only limited summary data is available for this year.$0.52$0.28$0.24$0.33$0.37$0.04