Civic Intelligence

Made in New Orleans Foundation Inc.

990EZ • Fiscal year 2020 • EIN 27-4186342

Dec 01, 2019 to Nov 30, 2020 • Filed on Aug 26, 2021

416 Ninth StreetNew Orleans, LA 70115

(504) 982-4778

Siviq Scores

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

Liabilities / Assets

95th percentile

1.25x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.31x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-127%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

26th percentile

-11%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

98%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$94,685

Down $12,154 (-11%) from 2019

Net Assets

Down

-$23,372

Down $115,180 (-125%) from 2019

Liabilities

Up

$118,057

Up $103,026 (+685%) from 2019

Revenue

Up

$90,435

Up $44,812 (+98%) from 2019

Expenses

Up

$205,680

Up $57,000 (+38%) from 2019

Net Income

Down

-$115,245

Down $12,188 (-12%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $30,145Liabilities 2012: $84Net Assets 2012: $30,0612012Assets 2013: $90,747Liabilities 2013: $77Net Assets 2013: $90,6702013Assets 2014: $194,292Liabilities 2014: $213Net Assets 2014: $194,0792014Assets 2015: $194,476Liabilities 2015: $561Net Assets 2015: $193,9152015Assets 2016: $232,324Liabilities 2016: $3,764Net Assets 2016: $228,5602016Assets 2018: $211,164Liabilities 2018: $406Net Assets 2018: $210,7582018Assets 2019: $106,839Liabilities 2019: $15,031Net Assets 2019: $91,8082019Assets 2020: $94,685Liabilities 2020: $118,057Net Assets 2020: -$23,3722020Assets 2021: $123,934Liabilities 2021: $155,690Net Assets 2021: -$31,7562021Assets 2022: $41,998Liabilities 2022: $103,200Net Assets 2022: -$61,2022022Assets 2023: $49,697Liabilities 2023: $97,293Net Assets 2023: -$47,5962023

Highlighted filing

2020

Assets$94,685
Liabilities$118,057
Net Assets-$23,372

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $53,103Expenses 2012: $92,400Net Income 2012: -$39,2972012Revenue 2013: $144,444Expenses 2013: $103,348Net Income 2013: $41,0962013Revenue 2014: $182,817Expenses 2014: $79,408Net Income 2014: $103,4092014Revenue 2015: $171,580Expenses 2015: $171,745Net Income 2015: -$1652015Revenue 2016: $275,522Expenses 2016: $240,878Net Income 2016: $34,6442016Revenue 2018: $88,047Expenses 2018: $158,664Net Income 2018: -$70,6172018Revenue 2019: $45,623Expenses 2019: $148,680Net Income 2019: -$103,0572019Revenue 2020: $90,435Expenses 2020: $205,680Net Income 2020: -$115,2452020Revenue 2021: $213,488Expenses 2021: $226,872Net Income 2021: -$13,3842021Revenue 2022: $171,813Expenses 2022: $186,457Net Income 2022: -$14,6442022Revenue 2023: $174,348Expenses 2023: $158,742Net Income 2023: $15,6062023

Highlighted filing

2020

Revenue$90,435
Expenses$205,680
Net Income-$115,245
Jump To
Filing Snapshot
Filing Period
Dec 1, 2019 to Nov 30, 2020
Signed
Aug 26, 2021
Return Version
2019v5.0
Gross Receipts
$90,435
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

DescriptionGrantsExpenses
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.$16,452$57,035
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTHA WIGGINSBoard Member-$0--
SYRENA JOHNSONBoard Member-$0--
KIEU TRANBoard Member-$0--
L BLAKE JONESBoard Member-$0--
DREW MIREBoard Member-$0--
ERICK SANCHEZBoard Member-$0--
JORDAN MITCHELLBoard Member-$0--
NICOLE WASHINGTONBoard Member-$0--
LAUREN DARNELLExecutive Di-$0--
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
2021-08-26
Discuss with paid preparer
Yes

Preparer

Firm
Bruno & Tervalon Llp Cpas
Address
4298 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70122
Preparer
Sheldon Bruno
Phone
5042848733
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

OTHER 2 TOTAL 2

Form 990-ez, Part I, Line 10

Cash contribution: 15,277

Form 990-ez, Part I, Line 16

Expenses marketing 18,904 81 professional services 21,946 education/development 15,574 other 10,843 total 67,348

Form 990-ez, Part I, Line 20

Adjustment to beginning net assets 63

Form 990-ez, Part II, Line 24

Accounts receivable 2,700 9,685 less allowance 0 3,700 net 2,700 5,985 prepaid expenses and deferred charges 0 1,004 equipment 1,328 1,328 total 4,028 8,317

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 13,929 1,679 deferred revenue 1,100 14,278 unsecured notes and loans payable 0 102,100

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.

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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/ExplanationTxt0OTHER 2 TOTAL 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 15,277
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES MARKETING 18,904 81 PROFESSIONAL SERVICES 21,946 EDUCATION/DEVELOPMENT 15,574 OTHER 10,843 TOTAL 67,348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADJUSTMENT TO BEGINNING NET ASSETS 63
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS RECEIVABLE 2,700 9,685 LESS ALLOWANCE 0 3,700 NET 2,700 5,985 PREPAID EXPENSES AND DEFERRED CHARGES 0 1,004 EQUIPMENT 1,328 1,328 TOTAL 4,028 8,317
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MADE 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02021-08-26T09:21:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-12-01
ReturnHeader/TaxPeriodEndDt02020-11-30
ReturnHeader/TaxYr02019

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