Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Made in New Orleans Foundation Inc.
990EZ • Fiscal year 2019 • EIN 27-4186342
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Balance Sheet
Assets
Down$106,839
Down $104,325 (-49%) from 2018
Net Assets
Down$91,808
Down $118,950 (-56%) from 2018
Liabilities
Up$15,031
Up $14,625 (+3602%) from 2018
Revenue And Expenses
Revenue
Down$45,623
Down $42,424 (-48%) from 2018
Expenses
Down$148,680
Down $9,984 (-6.3%) from 2018
Net Income
Down-$103,057
Down $32,440 (-46%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Dec 1, 2018 to Nov 30, 2019
- Signed
- Sep 28, 2020
- Return Version
- 2018v3.2
- Gross Receipts
- $49,283
Mission and Program Overview
Mission
The john besh foundation provides scholarships, grants, and loans to individuals in the new orleans community with the passion, creativity, and knowledge to enact change in new orleans and louisiana and break the cycle of poverty. Through essential partnerships and generous donations, the foundation promotes the preservation of the culinary history and culture of new orleans and louisiana through the cultivation of new talent and the support of local endeavors.
Made in new orleans foundation (mino) envisions a new orleans hospitality industry that leads the world in growing, supporting, and financing the success of people of color. We use a multidisciplinary approach to address, ameliorate, and eliminate disparities facing hospitality professionals of color. At the individual level, we provide educational resources, individual mentorship and scholarships, and business coaching. At the industry level, we amplify the voices of professionals of color and provide support to hospitality companies that are seeking to eliminate bias and disparities in their organizations. Mino is a 501(c)3 non-profit organization.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MADE IN NEW ORLEANS FOUNDATION (MINO) ENVISIONS A NEW ORLEANS HOSPITALITY INDUSTRY THAT LEADS THE WORLD IN GROWING, SUPPORTING, AND FINANCING THE SUCCESS OF PEOPLE OF COLOR. WE USE A MULTIDISCIPLINARY APPROACH TO ADDRESS, AMELIORATE, AND ELIMINATE DISPARITIES FACING HOSPITALITY PROFESSIONALS OF COLOR. AT THE INDIVIDUAL LEVEL, WE PROVIDE EDUCATIONAL RESOURCES, INDIVIDUAL MENTORSHIP AND SCHOLARSHIPS, AND BUSINESS COACHING. AT THE INDUSTRY LEVEL, WE AMPLIFY THE VOICES OF PROFESSIONALS OF COLOR AND PROVIDE SUPPORT TO HOSPITALITY COMPANIES THAT ARE SEEKING TO ELIMINATE BIAS AND DISPARITIES IN THEIR ORGANIZATIONS. MINO IS A 501(C)3 NON-PROFIT ORGANIZATION. | $11,257 | $60,482 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARTHA WIGGINS | Board Member | - | $0 | - | - |
| SYRENA JOHNSON | Board Member | - | $0 | - | - |
| KIEU TRAN | Board Member | - | $0 | - | - |
| L BLAKE JONES | Board Member | - | $0 | - | - |
| DREW MIRE | Board Member | - | $0 | - | - |
| ERICK SANCHEZ | Board Member | - | $0 | - | - |
| JORDAN MITCHELL | Board Member | - | $0 | - | - |
| NICOLE WASHINGTON | Board Member | - | $0 | - | - |
| LAUREN DARNELL | Executive Di | FT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraiser | $17,145 | $17,145 | $3,660 | $13,485 |
| Total Events | $17,145 | $17,145 | $3,660 | $13,485 |
Filing and Contact Details
Filer
- Filer Name
- Made in New Orleans Foundation Inc
- EIN
- 27-4186342
- Address
- 416 NINTH STREET, NEW ORLEANS, LA 70115
Signing Officer
- Name
- Lauren Darnell
- Title
- Executive Director
- Signed
- 2020-09-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bruno & Tervalon Llp Cpas
- Address
- 4298 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70122
- Preparer
- Waldo J Moret Jr
- Phone
- 5042848733
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Cash contribution: 10,907”
Form 990-ez, Part I, Line 16
“Expenses marketing 29,131 insurance 225 professional services 16,104 education/development 873 other 6,559 total 52,892”
Form 990-ez, Part I, Line 20
“-15,893”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 2,700 equipment 0 1,328 total 0 4,028”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 406 13,931 deferred revenue 0 1,100”
Form 990-ez, Part III
“Made in new orleans foundation (mino) envisions a new orleans hospitality industry that leads the world in growing, supporting, and financing the success of people of color. We use a multidisciplinary approach to address, ameliorate, and eliminate disparities facing hospitality professionals of color. At the individual level, we provide educational resources, individual mentorship and scholarships, and business coaching. At the industry level, we amplify the voices of professionals of color and provide support to hospitality companies that are seeking to eliminate bias and disparities in their organizations. Mino is a 501(c)3 non-profit organization.”
Form 990-ez, Part III, Line 28
“Made in new orleans foundation (mino) envisions a new orleans hospitality industry that leads the world in growing, supporting, and financing the success of people of color. We use a multidisciplinary approach to address, ameliorate, and eliminate disparities facing hospitality professionals of color. At the individual level, we provide educational resources, individual mentorship and scholarships, and business coaching. At the industry level, we amplify the voices of professionals of color and provide support to hospitality companies that are seeking to eliminate bias and disparities in their organizations. Mino is a 501(c)3 non-profit organization.”
Raw XML Appendix199 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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|---|---|---|
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| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -15893 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 52892 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
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| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MADE IN NEW ORLEANS FOUNDATION (MINO) ENVISIONS A NEW ORLEANS HOSPITALITY INDUSTRY THAT LEADS THE WORLD IN GROWING, SUPPORTING, AND FINANCING THE SUCCESS OF PEOPLE OF COLOR. WE USE A MULTIDISCIPLINARY APPROACH TO ADDRESS, AMELIORATE, AND ELIMINATE DISPARITIES FACING HOSPITALITY PROFESSIONALS OF COLOR. AT THE INDIVIDUAL LEVEL, WE PROVIDE EDUCATIONAL RESOURCES, INDIVIDUAL MENTORSHIP AND SCHOLARSHIPS, AND BUSINESS COACHING. AT THE INDUSTRY LEVEL, WE AMPLIFY THE VOICES OF PROFESSIONALS OF COLOR AND PROVIDE SUPPORT TO HOSPITALITY COMPANIES THAT ARE SEEKING TO ELIMINATE BIAS AND DISPARITIES IN THEIR ORGANIZATIONS. MINO IS A 501(C)3 NON-PROFIT ORGANIZATION. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 10,907 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES MARKETING 29,131 INSURANCE 225 PROFESSIONAL SERVICES 16,104 EDUCATION/DEVELOPMENT 873 OTHER 6,559 TOTAL 52,892 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | -15,893 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS RECEIVABLE 0 2,700 EQUIPMENT 0 1,328 TOTAL 0 4,028 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 406 13,931 DEFERRED REVENUE 0 1,100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MADE IN NEW ORLEANS FOUNDATION (MINO) ENVISIONS A NEW ORLEANS HOSPITALITY INDUSTRY THAT LEADS THE WORLD IN GROWING, SUPPORTING, AND FINANCING THE SUCCESS OF PEOPLE OF COLOR. WE USE A MULTIDISCIPLINARY APPROACH TO ADDRESS, AMELIORATE, AND ELIMINATE DISPARITIES FACING HOSPITALITY PROFESSIONALS OF COLOR. AT THE INDIVIDUAL LEVEL, WE PROVIDE EDUCATIONAL RESOURCES, INDIVIDUAL MENTORSHIP AND SCHOLARSHIPS, AND BUSINESS COACHING. AT THE INDUSTRY LEVEL, WE AMPLIFY THE VOICES OF PROFESSIONALS OF COLOR AND PROVIDE SUPPORT TO HOSPITALITY COMPANIES THAT ARE SEEKING TO ELIMINATE BIAS AND DISPARITIES IN THEIR ORGANIZATIONS. MINO IS A 501(C)3 NON-PROFIT ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MADE IN NEW ORLEANS FOUNDATION (MINO) ENVISIONS A NEW ORLEANS HOSPITALITY INDUSTRY THAT LEADS THE WORLD IN GROWING, SUPPORTING, AND FINANCING THE SUCCESS OF PEOPLE OF COLOR. WE USE A MULTIDISCIPLINARY APPROACH TO ADDRESS, AMELIORATE, AND ELIMINATE DISPARITIES FACING HOSPITALITY PROFESSIONALS OF COLOR. AT THE INDIVIDUAL LEVEL, WE PROVIDE EDUCATIONAL RESOURCES, INDIVIDUAL MENTORSHIP AND SCHOLARSHIPS, AND BUSINESS COACHING. AT THE INDUSTRY LEVEL, WE AMPLIFY THE VOICES OF PROFESSIONALS OF COLOR AND PROVIDE SUPPORT TO HOSPITALITY COMPANIES THAT ARE SEEKING TO ELIMINATE BIAS AND DISPARITIES IN THEIR ORGANIZATIONS. MINO IS A 501(C)3 NON-PROFIT ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 28 |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WALDO J MORET JR |
| ReturnHeader/ReturnTs | 0 | 2020-09-28T14:11:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-12-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-11-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
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Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $106,839
- Liabilities
- $15,031
- Net assets
- $91,808
- Revenue
- $45,623
- Expenses
- $148,680
- Net income
- -$103,057