Civic Intelligence

Bayou District Foundation

990 • Fiscal year 2020 • EIN 26-0833850

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 11, 2022

Organization ProfileWWW.BAYOUDISTRICTFOUNDATION.ORG
320 Julia StreetNew Orleans, LA 70130

(504) 523-1701

Siviq Scores

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

Liabilities / Assets

99th percentile

2.20x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.23x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

33rd percentile

-1.9%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$113,044

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

37th percentile

1.4%

Faster asset growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-7.3%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$2,521,451

Up $35,512 (+1.4%) from 2019

Net Assets

Down

-$3,026,266

Down $17,135 (-0.6%) from 2019

Liabilities

Up

$5,547,717

Up $52,647 (+1.0%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin33rd percentile

Revenue

Down

$2,484,741

Down $194,693 (-7.3%) from 2019

Expenses

Down

$2,532,689

Down $6,978,769 (-73%) from 2019

Net Income

Up

-$47,948

Up $6,784,076 (+99%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $1,637,664Liabilities 2010: $20,944Net Assets 2010: $1,616,7202010Assets 2011: $2,576,261Liabilities 2011: $13,283Net Assets 2011: $2,562,9782011Assets 2012: $9,353,506Liabilities 2012: $3,224,280Net Assets 2012: $6,129,2262012Assets 2013: $11,444,041Liabilities 2013: $1,031,069Net Assets 2013: $10,412,9722013Assets 2014: $12,064,758Liabilities 2014: $275,093Net Assets 2014: $11,789,6652014Assets 2015: $14,447,926Liabilities 2015: $2,194,450Net Assets 2015: $12,253,4762015Assets 2016: $12,403,726Liabilities 2016: $3,052,466Net Assets 2016: $9,351,2602016Assets 2017: $10,884,508Liabilities 2017: $6,362,116Net Assets 2017: $4,522,3922017Assets 2018: $10,589,184Liabilities 2018: $6,097,904Net Assets 2018: $4,491,2802018Assets 2019: $2,485,939Liabilities 2019: $5,495,070Net Assets 2019: -$3,009,1312019Assets 2020: $2,521,451Liabilities 2020: $5,547,717Net Assets 2020: -$3,026,2662020Assets 2021: $2,075,399Liabilities 2021: $4,918,132Net Assets 2021: -$2,842,7332021Assets 2022: $2,633,589Liabilities 2022: $4,981,927Net Assets 2022: -$2,348,3382022Assets 2023: $1,866,130Liabilities 2023: $4,194,528Net Assets 2023: -$2,328,3982023Assets 2024: $1,707,437Liabilities 2024: $3,790,542Net Assets 2024: -$2,083,1052024

Highlighted filing

2020

Assets$2,521,451
Liabilities$5,547,717
Net Assets-$3,026,266
Open 2020 Filing

Operations Trend

Revenue Growth36th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $366,8412010Expenses 2011: $805,9622011Expenses 2012: $377,8022012Revenue 2013: $5,127,117Expenses 2013: $840,964Net Income 2013: $4,286,1532013Revenue 2014: $2,829,892Expenses 2014: $1,453,199Net Income 2014: $1,376,6932014Revenue 2015: $1,862,565Expenses 2015: $1,397,854Net Income 2015: $464,7112015Revenue 2016: $975,040Expenses 2016: $3,879,475Net Income 2016: -$2,904,4352016Revenue 2017: $4,161,335Expenses 2017: $8,999,597Net Income 2017: -$4,838,2622017Revenue 2018: $3,585,891Expenses 2018: $3,609,957Net Income 2018: -$24,0662018Revenue 2019: $2,679,434Expenses 2019: $9,511,458Net Income 2019: -$6,832,0242019Revenue 2020: $2,484,741Expenses 2020: $2,532,689Net Income 2020: -$47,9482020Revenue 2021: $2,965,153Expenses 2021: $2,800,208Net Income 2021: $164,9452021Revenue 2022: $2,666,706Expenses 2022: $2,199,758Net Income 2022: $466,9482022Revenue 2023: $2,526,161Expenses 2023: $2,542,537Net Income 2023: -$16,3762023Revenue 2024: $2,776,631Expenses 2024: $2,543,225Net Income 2024: $233,4062024

Highlighted filing

2020

Revenue$2,484,741
Expenses$2,532,689
Net Income-$47,948
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,484,741
Mission and Program Overview

Mission

Bayou district foundation's mission is to raise funds to facilitate the reconstruction of the neighborhood and infrastructure of the former st. Bernard housing project damaged by hurricane katrina and to help its residents break their cycle of poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$279,352$1,194,591▲ $915,239
Pledges and Grants Receivable$1,529,325$930,410▼ $598,915
Land, Buildings, and Equipment, Net$289,882$164,547▼ $125,335
Inventories for Sale or Use$101,703$101,703→ $0
Investments Program Related$88,616$91,552▲ $2,936
Accounts Receivable$28,703$22,250▼ $6,453
Investments in Publicly Traded Securities$167,201$16,263▼ $150,938
Prepaid Expenses and Deferred Charges$1,157$135▼ $1,022
Total Assets$2,485,939$2,521,451▲ $35,512
Liabilities
Unsecured Notes Loans Payable$5,028,861$4,717,600▼ $311,261
Escrow Account Liability$99,953$464,128▲ $364,175
Other Liabilities$275,000$275,000→ $0
Accounts Payable and Accrued Expenses$91,256$90,989▼ $267
Total Liabilities$5,495,070$5,547,717▲ $52,647
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,926,397$2,035,125▲ $108,728
Net Assets Without Donor Restrictions$-4,935,528$-5,061,391▼ $125,863
Total Net Assets Fund Balance$-3,009,131$-3,026,266▼ $17,135
Total Liabilities and Net Assets / Fund Balance$2,485,939$2,521,451▲ $35,512

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$164,547$501,930$666,477

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$88,615-▲ $2,937-$91,552
2019$79,061-▲ $13,101-$88,615
2018$86,713-▼ $3,065-$79,061
2017$76,501-▲ $11,077-$86,713
2016$49,889$25,000▲ $2,134-$76,501
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ryan MccavittOperations DirectorFT$113,044$113,044

Board Members and Trustees

NameTitle
Gerard W Barousse JrChairman
Adrienne C SlackDirector
Cindy WeinmannDirector
David W PerlisDirector
Gary Solomon SrDirector
Greg BenselDirector
Mike RodrigueDirector
Nolan Marshall JrDirector, Advisory Board
Revenue and Support

Revenue Composition

Contributions and Grants
$729,295
Program Service Revenue
$1,753,453
Investment Income
$1,212
Other Revenue
$781
All Other Contributions
$256,895
Change in Net Assets
$-47,948

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,483,733
Revenue Not Reported on Financial Statements
$1,008
Revenue Not Reported on Form 990
$2,034
Total Revenue per Audited Statements
$2,485,767
Total Revenue per Form 990
$2,484,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,833,801
Other Expenses$691,388
Total Fundraising Expense$82,323
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,556,406-$22,493$1,578,899
Payroll Taxes$137,873-$3,985$141,858
Interest$132,066--$132,066
Depreciation Depletion$126,136--$126,136
Current Officers, Directors, Trustees, and Key Employees$111,434-$1,610$113,044
Fees for Services Other$13,656$540$45,360$59,556
Fees for Services Accounting$30,284$1,198$799$32,281
Occupancy$11,283$2,257$1,504$15,044
Advertising$10,245$1,281$1,280$12,806
Information Technology$9,317$406$2,430$12,153
Insurance$5,720$1,144$763$7,627
Other Expenses$7,589$67,000-$7,589
Grants to Domestic Orgs$7,500--$7,500
Office Expenses$5,252$185$1,205$6,642
All Other Expenses$4,529$240$79$4,848
Travel$2,238-$746$2,984
Fees for Services Legal$2,632$104$69$2,805
Total Functional Expenses$2,376,011$74,355$82,323$2,532,689

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,532,689
Total Expenses per Audited Statements$2,532,689
Total Expenses per Form 990$2,532,689
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
EducareNew Orleans, LA-Funds for Operating Expenses.$7,500
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
Loan Payable Bdf Housing$275,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 11B

“Upon completion of the form 990, a copy is sent to the board of directors for their review. Members of the board approve the 990 either via a board meeting or electronically.”

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

“Board meetings are held monthly, with bdf staff participating in board presentation. All agreements and contracts are reviewed and approved by the board of directors.”

Form 990, Part VI, Section B, Line 15

“Board of directors, officers, and trustees are not compensated. Any compensation of these individuals would be approved by the board of directors. Key employee compensation is approved by the board of directors with compensation reviewed annually at the board level.”

Form 990, Part VI, Section C, Line 19

“The form 990 as well as various policies are made available to the general public upon request. The foundation notifies the public of this option in various mailing and publications throughout the year.”

Filing and Contact Details

Filer

Filer Name
Bayou District Foundation
EIN
26-0833850
Phone
5045231701
Address
320 JULIA STREET, NEW ORLEANS, LA 70130

Signing Officer

Name
Gerard Barousse
Title
Director
Phone
5045231701
Signed
2022-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerard Barousse
Formed
2007
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
152
Volunteers
85

Preparer

Firm
Ericksen Krentel Llp
Address
4227 CANAL STREET, NEW ORLEANS, LA 70119
Preparer
Kevin M Neyrey CPA
Phone
5044867275
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from year to year.”

Financial Statement Notes

PART IV, LINE 2B:

“The foundation's fund is maintained and managed by the greater new orleans foundation within their investment pool.”

PART V, LINE 4:

“The fund is invested by greater new orleans foundation with an attempt to provide a predicable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of these endowment assets over the long-term.”

PART X, LINE 2:

“The foundation's evaluation as of december 31, 2020 revealed no tax positions that would have a material impact on the financial statements. The 2018 - 2020 tax year remains subject to examination by the irs. The foundation does not believe that any reasonably possible changes will occur within the next twelve months that will have a material impact on the financial statements.”

Raw XML AppendixShowing 400 of 545 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/ActivityOrMissionDesc0BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY.
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IRS990/Desc0THE BAYOU DISTRICT FOUNDATION ("BDF") WORKS TO REVITALIZE THE FORMER ST. BERNARD HOUSING PROJECT, THE LOW-INCOME HOUSING THAT WAS DESTROYED BY HURRICANE KATRINA, AND THE SURROUNDING NEIGHBORHOOD. BDF'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND ITS INFRASTRUCTURE. IT HAS ENCOURAGED THE CONSTRUCTION OF MIXED-INCOME HOUSING, HIGH QUALITY SCHOOLS, WORKFORCE TRAINING, AND THE REDEVELOPMENT OF RECREATIONAL FACILITIES IN CITY PARK. BY FUNDING THESE PROJECTS BDF HOPES TO REVITALIZE THE COMMUNITY SO THAT RESIDENTS CAN RETURN TO A THRIVING NEIGHBORHOOD AND ENJOY A HIGH QUALITY OF LIFE, WHICH WILL HELP BREAK THEIR CYCLE OF POVERTY.
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IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0406
IRS990/InformationTechnologyGrp/ProgramServicesAmt09317
IRS990/InformationTechnologyGrp/TotalAmt012153
IRS990/InsuranceGrp/FundraisingAmt0763
IRS990/InsuranceGrp/ManagementAndGeneralAmt01144
IRS990/InsuranceGrp/ProgramServicesAmt05720
IRS990/InsuranceGrp/TotalAmt07627
IRS990/InterestGrp/ProgramServicesAmt0132066
IRS990/InterestGrp/TotalAmt0132066
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0101703
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0101703
IRS990/InvestmentExpenseAmt0-1008
IRS990/InvestmentIncomeGrp/ExclusionAmt01212
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01212
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt088616
IRS990/InvestmentsProgramRelatedGrp/EOYAmt091552
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0167201
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016263
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0501930
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0289882
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0164547
IRS990/LandBldgEquipCostOrOtherBssAmt0666477
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3009131
IRS990/NetAssetsOrFundBalancesEOYAmt0-3026266
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02034
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-4935528
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5061391
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01504
IRS990/OccupancyGrp/ManagementAndGeneralAmt02257
IRS990/OccupancyGrp/ProgramServicesAmt011283
IRS990/OccupancyGrp/TotalAmt015044
IRS990/OfficeExpensesGrp/FundraisingAmt01205
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0185
IRS990/OfficeExpensesGrp/ProgramServicesAmt05252
IRS990/OfficeExpensesGrp/TotalAmt06642
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EQUIPMENT LEASES
IRS990/OtherExpensesGrp/Desc1BUILD HEALTH GRANT EXPE
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3LANDSCAPING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt067000
IRS990/OtherExpensesGrp/ProgramServicesAmt0105838
IRS990/OtherExpensesGrp/ProgramServicesAmt196013
IRS990/OtherExpensesGrp/ProgramServicesAmt27589
IRS990/OtherExpensesGrp/TotalAmt0105838
IRS990/OtherExpensesGrp/TotalAmt196013
IRS990/OtherExpensesGrp/TotalAmt267000
IRS990/OtherExpensesGrp/TotalAmt37589
IRS990/OtherLiabilitiesGrp/BOYAmt0275000
IRS990/OtherLiabilitiesGrp/EOYAmt0275000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REBATE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0781
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0781
IRS990/OtherRevenueTotalAmt0781
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022493
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01556406
IRS990/OtherSalariesAndWagesGrp/TotalAmt01578899
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03985
IRS990/PayrollTaxesGrp/ProgramServicesAmt0137873
IRS990/PayrollTaxesGrp/TotalAmt0141858
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01529325
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0930410
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01157
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0135
IRS990/PrincipalOfficerNm0GERARD BAROUSSE
IRS990/PriorPeriodAdjustmentsAmt029787
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOLF COURSE REIMBURSEM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01753453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01753453
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0815063
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07034344
IRS990/PYInvestmentIncomeAmt046051
IRS990/PYOtherExpensesAmt0637788
IRS990/PYOtherRevenueAmt049377
IRS990/PYProgramServiceRevenueAmt01768943
IRS990/PYRevenuesLessExpensesAmt0-6832024
IRS990/PYSalariesCompEmpBnftPaidAmt01839326
IRS990/PYTotalExpensesAmt09511458
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02679434
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-47948
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01754234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0729295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0846820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0302535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02804208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0833829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05516687
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt089000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt094401
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0109248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0339912
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0781
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0946
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0926
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05651
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08304
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67980
IRS990ScheduleA/PublicSupportPY170Pct00.33000
IRS990ScheduleA/PublicSupportTotal170Amt03986787
IRS990ScheduleA/SubstantialContributorsTotAmt01529900
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0729295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0846820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0302535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02804208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0833829
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05516687
IRS990ScheduleA/TotalSupportAmt05864903
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/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt088615
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt091552
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02937
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0626
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt079061
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt088615
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02921
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013101
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0909
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt086713
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt079061
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt03678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3065
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0865
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt076501
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt086713
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011077
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0522
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt076501
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02134
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0164547
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0501930
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0666477
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02532689
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01008
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE BDF HOUSING
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt02034
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01008
IRS990ScheduleD/RevenueSubtotalAmt02483733
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S FUND IS MAINTAINED AND MANAGED BY THE GREATER NEW ORLEANS FOUNDATION WITHIN THEIR INVESTMENT POOL.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FUND IS INVESTED BY GREATER NEW ORLEANS FOUNDATION WITH AN ATTEMPT TO PROVIDE A PREDICABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S EVALUATION AS OF DECEMBER 31, 2020 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2018 - 2020 TAX YEAR REMAINS SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:

Document Assets

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Filings

Displayed year

2020 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,521,451
Liabilities
$5,547,717
Net assets
-$3,026,266
Revenue
$2,484,741
Expenses
$2,532,689
Net income
-$47,948
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$3.79$2.08$2.78$2.54$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.87$4.19$2.33$2.53$2.54$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.63$4.98$2.35$2.67$2.20$0.47
2021Detailed filing. Detailed filing data is available for this year.$2.08$4.92$2.84$2.97$2.80$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$5.55$3.03$2.48$2.53$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.49$5.50$3.01$2.68$9.51$6.83
2018Detailed filing. Detailed filing data is available for this year.$10.6$6.10$4.49$3.59$3.61$0.02
2017Detailed filing. Detailed filing data is available for this year.$10.9$6.36$4.52$4.16$9.00$4.84
2016Detailed filing. Detailed filing data is available for this year.$12.4$3.05$9.35$0.98$3.88$2.90
2015Detailed filing. Detailed filing data is available for this year.$14.4$2.19$12.3$1.86$1.40$0.46
2014Detailed filing. Detailed filing data is available for this year.$12.1$0.28$11.8$2.83$1.45$1.38
2013Detailed filing. Detailed filing data is available for this year.$11.4$1.03$10.4$5.13$0.84$4.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.35$3.22$6.13$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.01$2.56$0.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.02$1.62$0.37