Civic Intelligence

Acadiana Economic Development

EIN 32-0105141 • 501(c)3 • Lafayette, LA

Profile

Restructure the acadiana economy to improve the quality and quantity of economic growth.

211 East DevalcourtLafayette, LA 70506

www.teamacadiana.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-246150%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

32nd percentile

-19%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$112,022

Down $26,802 (-19%) from 2018

Liabilities

Down

$0

Down $10 (-100%) from 2018

Net Assets

Down

$112,022

Down $26,792 (-19%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Up

$10

Up $10 from 2018

Expenses

Up

$24,625

Up $4,433 (+22%) from 2018

Net Income

Down

-$24,615

Down $4,423 (-22%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $211,371Liabilities 2010: $31,868Net Assets 2010: $179,5032010Assets 2011: $197,696Liabilities 2011: $18,676Net Assets 2011: $179,0202011Assets 2012: $229,054Liabilities 2012: $496Net Assets 2012: $228,5582012Assets 2013: $249,689Liabilities 2013: $547Net Assets 2013: $249,1422013Assets 2016: $324,724Liabilities 2016: $117,484Net Assets 2016: $207,2402016Assets 2017: $201,877Liabilities 2017: $42,871Net Assets 2017: $159,0062017Assets 2018: $138,824Liabilities 2018: $10Net Assets 2018: $138,8142018Assets 2019: $112,022Liabilities 2019: $0Net Assets 2019: $112,0222019

Highlighted filing

2019

Assets$112,022
Liabilities$0
Net Assets$112,022
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $355,674Expenses 2010: $281,532Net Income 2010: $74,1422010Revenue 2011: $197,497Expenses 2011: $197,980Net Income 2011: -$4832011Revenue 2012: $190,522Expenses 2012: $140,984Net Income 2012: $49,5382012Revenue 2013: $173,250Expenses 2013: $152,666Net Income 2013: $20,5842013Revenue 2016: $413,340Expenses 2016: $446,829Net Income 2016: -$33,4892016Revenue 2017: $249,990Expenses 2017: $298,224Net Income 2017: -$48,2342017Revenue 2018: $0Expenses 2018: $20,192Net Income 2018: -$20,1922018Revenue 2019: $10Expenses 2019: $24,625Net Income 2019: -$24,6152019

Highlighted filing

2019

Revenue$10
Expenses$24,625
Net Income-$24,615
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,022
Liabilities
$0
Net assets
$112,022
Revenue
$10
Expenses
$24,625
Net income
-$24,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.00$0.25$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.00$0.20$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.02$0.43$1.59$2.50$2.98$0.48
2016Detailed filing. Detailed filing data is available for this year.$3.25$1.17$2.07$4.13$4.47$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.01$2.49$1.73$1.53$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$1.91$1.41$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.19$1.79$1.97$1.98$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.32$1.80$3.56$2.82$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.0
Gross Receipts
$10
Mission and Program Overview

Mission

Restructure the acadiana economy to improve the quality and quantity of economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,136$107,010▼ $24,126
Prepaid Expenses and Deferred Charges$2,511$2,012▼ $499
Total Assets$136,647$112,022▼ $24,625
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$10--
Total Liabilities$10$0▼ $10
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$136,637$112,022▼ $24,615
Total Net Assets Fund Balance$136,637$112,022▼ $24,615
Total Liabilities and Net Assets / Fund Balance$136,647$112,022▼ $24,625

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$84,463$84,463
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Amy ThibodeauxVice Chairma
Anne FalgoutBoard Member
Dr William WardBoard Member
Gregg GothreauxBoard Member
Michael TarantinoBoard Member
Katie ChaissonAdvisory Mem
Jennifer StellyChariman
Bill RodierSecretary Tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10
Change in Net Assets
$-24,615

Audited Revenue Reconciliation

Revenue per Audited Statements
$10
Total Revenue per Audited Statements
$10
Total Revenue per Form 990
$10
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$1,728--$1,728
Fees for Services Accounting$580--$580
Other Expenses$192--$192
Total Functional Expenses$24,625$0$0$24,625

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,625
Total Expenses per Audited Statements$24,625
Total Expenses per Form 990$24,625
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 and related schedules are reviewed by the board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Form 990 and required governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Acadiana Economic Development
EIN
32-0105141
Phone
3375931411
Address
211 EAST DEVALCOURT, LAFAYETTE, LA 70506

Signing Officer

Name
Jennifer Stelly
Title
Chariman
Phone
3375931411
Signed
2020-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Stelly
Formed
2004
Legal Domicile
La
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Wrightmooredehartdupuis & Hutchinson
Address
PO BOX 80569, LAFAYETTE, LA 70598
Preparer
Christine Dunn CPA
Phone
3372323637
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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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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.80.24.171
ReturnHeader/FilingSecurityInformation/IPDt02020-06-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:28:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721108576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WRIGHTMOOREDEHARTDUPUIS & HUTCHINSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 80569
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAFAYETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070598
ReturnHeader/PreparerPersonGrp/PhoneNum03372323637
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE DUNN CPA
ReturnHeader/ReturnTs02020-06-15T15:28:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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