Civic Intelligence

Bayou District Foundation

990 • Fiscal year 2023 • EIN 26-0833850

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 27, 2025

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

(504) 272-0307

Siviq Scores

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

Liabilities / Assets

99th percentile

2.25x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.66x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

38th percentile

-0.6%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.3%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,866,130

Down $767,459 (-29%) from 2022

Net Assets

Up

-$2,328,398

Up $19,940 (+0.8%) from 2022

Liabilities

Down

$4,194,528

Down $787,399 (-16%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin38th percentile

Revenue

Down

$2,526,161

Down $140,545 (-5.3%) from 2022

Expenses

Up

$2,542,537

Up $342,779 (+16%) from 2022

Net Income

Down

-$16,376

Down $483,324 (-104%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2023

Assets$1,866,130
Liabilities$4,194,528
Net Assets-$2,328,398
Open 2023 Filing

Operations Trend

Revenue Growth30th 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

2023

Revenue$2,526,161
Expenses$2,542,537
Net Income-$16,376
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 27, 2025
Return Version
2023v6.0
Gross Receipts
$2,526,161
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$1,541,458$857,042▼ $684,416
Pledges and Grants Receivable$784,099$773,409▼ $10,690
Land, Buildings, and Equipment, Net$125,941$105,000▼ $20,941
Investments Program Related$86,508$93,365▲ $6,857
Accounts Receivable$91,350$26,950▼ $64,400
Investments in Publicly Traded Securities$4,098$10,229▲ $6,131
Prepaid Expenses and Deferred Charges$135$135→ $0
Total Assets$2,633,589$1,866,130▼ $767,459
Liabilities
Unsecured Notes Loans Payable$1,991,080$2,047,092▲ $56,012
Mortgage Notes Payable Secured by Investment Property$1,607,564$1,123,749▼ $483,815
Escrow Account Liability$1,045,022$615,253▼ $429,769
Other Liabilities$328,391$390,745▲ $62,354
Accounts Payable and Accrued Expenses$9,870$17,689▲ $7,819
Total Liabilities$4,981,927$4,194,528▼ $787,399
Net Assets / Fund Balance
Net Assets With Donor Restrictions$886,834$834,334▼ $52,500
Net Assets Without Donor Restrictions$-3,235,172$-3,162,732▲ $72,440
Total Net Assets Fund Balance$-2,348,338$-2,328,398▲ $19,940
Total Liabilities and Net Assets / Fund Balance$2,633,589$1,866,130▼ $767,459

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$666,477$666,477
Buildings$105,000$15,000$120,000
Investment Program Related Org$93,365--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$86,508-▲ $11,130-$93,365
2022$102,443-▼ $15,935-$86,508
2021$91,552-▲ $8,908-$100,460
2020$88,615-▲ $2,937-$91,552
2019$79,061-▲ $13,101-$88,615
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$340,166
Program Service Revenue
$2,071,600
Investment Income
$5,435
Other Revenue
$108,960
All Other Contributions
$340,166
Change in Net Assets
$-16,376

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,525,153
Revenue Not Reported on Financial Statements
$1,008
Revenue Not Reported on Form 990
$37,324
Total Revenue per Audited Statements
$2,562,477
Total Revenue per Form 990
$2,526,161
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,239,207
Other Expenses$276,354
Total Fundraising Expense$47,001
Grants and Similar Amounts Paid$26,976
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,010,368$23,355$38,925$2,072,648
Payroll Taxes$166,559--$166,559
Interest$159,902--$159,902
Fees for Services Accounting$49,488$2,468$1,644$53,600
Grants to Domestic Orgs$26,976--$26,976
Depreciation Depletion$20,941--$20,941
Occupancy$10,826$2,165$1,444$14,435
Travel$8,015$513$1,903$10,431
Office Expenses$3,157$237$824$4,218
Insurance$1,931$386$257$2,574
Other Expenses$123$137$91$123
All Other Expenses$82-$24$106
Total Functional Expenses$2,465,920$29,616$47,001$2,542,537

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,542,537
Total Expenses per Audited Statements$2,542,537
Total Expenses per Form 990$2,542,537
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Roots of Music Early Music EducationNew Orleans, LA-Funds for Operating Expenses$10,000
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
Loan Payable Bdf Housing$275,000
Due to City Park$115,745
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
5042720307
Address
320 JULIA STREET, NEW ORLEANS, LA 70130

Signing Officer

Name
Gerard W Barousse Jr
Title
Chairman
Phone
5042720307
Signed
2025-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerard W Barousse Jr
Formed
2007
Legal Domicile
La
Voting Board Members
6
Independent Board Members
6
Employees
136
Volunteers
12

Preparer

Firm
Ericksen Krentel Llp
Address
4227 CANAL STREET, NEW ORLEANS, LA 70119
Preparer
Jeremy Thibodeaux 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, 2023 revealed no tax positions that would have a material impact on the financial statements. The 2019-2021 tax years remain 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.”

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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/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR, ADVISORY BOARD C
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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/MortgNotesPyblScrdInvstPropGrp/BOYAmt01607564
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01123749
IRS990/NetAssetsOrFundBalancesBOYAmt0-2348338
IRS990/NetAssetsOrFundBalancesEOYAmt0-2328398
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt010690
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3235172
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3162732
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01444
IRS990/OccupancyGrp/ManagementAndGeneralAmt02165
IRS990/OccupancyGrp/ProgramServicesAmt010826
IRS990/OccupancyGrp/TotalAmt014435
IRS990/OfficeExpensesGrp/FundraisingAmt0824
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0237
IRS990/OfficeExpensesGrp/ProgramServicesAmt03157
IRS990/OfficeExpensesGrp/TotalAmt04218
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2LANDSCAPING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt01889
IRS990/OtherExpensesGrp/FundraisingAmt191
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0355
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1137
IRS990/OtherExpensesGrp/ProgramServicesAmt06734
IRS990/OtherExpensesGrp/ProgramServicesAmt1686
IRS990/OtherExpensesGrp/ProgramServicesAmt2132
IRS990/OtherExpensesGrp/ProgramServicesAmt3123
IRS990/OtherExpensesGrp/TotalAmt08978
IRS990/OtherExpensesGrp/TotalAmt1914
IRS990/OtherExpensesGrp/TotalAmt2132
IRS990/OtherExpensesGrp/TotalAmt3123
IRS990/OtherLiabilitiesGrp/BOYAmt0328391
IRS990/OtherLiabilitiesGrp/EOYAmt0390745
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0108036
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1924
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0108036
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1924
IRS990/OtherRevenueTotalAmt0108960
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt038925
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023355
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02010368
IRS990/OtherSalariesAndWagesGrp/TotalAmt02072648
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0166559
IRS990/PayrollTaxesGrp/TotalAmt0166559
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0784099
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0773409
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0135
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0135
IRS990/PrincipalOfficerNm0GERARD W BAROUSSE JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOLF COURSE REIMBURSEM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02071600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02071600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0911087
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt050100
IRS990/PYInvestmentIncomeAmt043358
IRS990/PYOtherExpensesAmt0276157
IRS990/PYOtherRevenueAmt0-17513
IRS990/PYProgramServiceRevenueAmt01729774
IRS990/PYRevenuesLessExpensesAmt0466948
IRS990/PYSalariesCompEmpBnftPaidAmt01873501
IRS990/PYTotalExpensesAmt02199758
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02666706
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-16376
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt02180560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0340166
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0911087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01067589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0729295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0846820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03894957
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt026634
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt031568
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt058202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt043358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt046051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106649
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0108960
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01646
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040874
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0781
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0946
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0153207
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77660
IRS990ScheduleA/PublicSupportPY170Pct00.79000
IRS990ScheduleA/PublicSupportTotal170Amt03271629
IRS990ScheduleA/SubstantialContributorsTotAmt0681530
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0366800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0942655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01067589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0729295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0846820
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03953159
IRS990ScheduleA/TotalSupportAmt04213015
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/BuildingsGrp/BookValueAmt0105000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0120000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0658
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt086508
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt093365
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt03615
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt011130
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0102443
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt086508
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-15935
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt091552
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0100460
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08908
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt088615
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt091552
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02937
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0626
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt079061
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt088615
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt02921
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013101
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt026634
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02542537
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01008
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt093365
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LANE GRIGSBY ENDOWMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt010690
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0666477
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0666477
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1115745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE BDF HOUSING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO CITY PARK
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt037324
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01008
IRS990ScheduleD/RevenueSubtotalAmt02525153
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, 2023 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2019-2021 TAX YEARS REMAIN 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:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0105000
IRS990ScheduleD/TotalBookValueProgramRltdAmt093365
IRS990ScheduleD/TotalExpensesPerForm990Amt02542537
IRS990ScheduleD/TotalLiabilityAmt0390745
IRS990ScheduleD/TotalRevenuePerForm990Amt02526161
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02562477
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02542537
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt010000

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,866,130
Liabilities
$4,194,528
Net assets
-$2,328,398
Revenue
$2,526,161
Expenses
$2,542,537
Net income
-$16,376
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
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