Civic Intelligence

The Idea Village Inc

990 • Fiscal year 2015 • EIN 45-0470675

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

515 Girod StreetNew Orleans, LA 70130

(504) 304-3284

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

43rd percentile

0.7%

Higher net margin than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$267,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

52nd percentile

1.2%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$937,465

Up $11,245 (+1.2%) from 2014

Net Assets

Up

$925,765

Up $15,233 (+1.7%) from 2014

Liabilities

Down

$11,700

Down $3,988 (-25%) from 2014

Revenue

Up

$2,208,308

Up $558,626 (+34%) from 2014

Expenses

Up

$2,193,075

Up $348,718 (+19%) from 2014

Net Income

Up

$15,233

Up $209,908 (+108%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $906,128Liabilities 2010: $67,409Net Assets 2010: $838,7192010Assets 2011: $996,446Liabilities 2011: $50,069Net Assets 2011: $946,3772011Assets 2012: $1,055,423Liabilities 2012: $37,826Net Assets 2012: $1,017,5972012Assets 2013: $1,111,785Liabilities 2013: $6,578Net Assets 2013: $1,105,2072013Assets 2014: $926,220Liabilities 2014: $15,688Net Assets 2014: $910,5322014Assets 2015: $937,465Liabilities 2015: $11,700Net Assets 2015: $925,7652015Assets 2016: $1,038,536Liabilities 2016: $112,475Net Assets 2016: $926,0612016Assets 2017: $1,211,146Liabilities 2017: $18,991Net Assets 2017: $1,192,1552017Assets 2018: $482,354Liabilities 2018: $126,709Net Assets 2018: $355,6452018Assets 2019: $479,881Liabilities 2019: $31,265Net Assets 2019: $448,6162019Assets 2020: $713,418Liabilities 2020: $166,140Net Assets 2020: $547,2782020Assets 2021: $982,103Liabilities 2021: $213,609Net Assets 2021: $768,4942021Assets 2022: $1,052,812Liabilities 2022: $157,277Net Assets 2022: $895,5352022Assets 2023: $1,181,843Liabilities 2023: $403,363Net Assets 2023: $778,4802023Assets 2024: $1,090,785Liabilities 2024: $175,788Net Assets 2024: $914,9972024

Highlighted filing

2015

Assets$937,465
Liabilities$11,700
Net Assets$925,765

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,190,2032010Revenue 2011: $1,226,609Expenses 2011: $1,118,951Net Income 2011: $107,6582011Expenses 2012: $1,911,9772012Expenses 2013: $1,908,0142013Revenue 2014: $1,649,682Expenses 2014: $1,844,357Net Income 2014: -$194,6752014Revenue 2015: $2,208,308Expenses 2015: $2,193,075Net Income 2015: $15,2332015Revenue 2016: $2,465,542Expenses 2016: $2,465,246Net Income 2016: $2962016Revenue 2017: $2,671,665Expenses 2017: $2,405,571Net Income 2017: $266,0942017Revenue 2018: $751,733Expenses 2018: $1,588,243Net Income 2018: -$836,5102018Revenue 2019: $1,161,646Expenses 2019: $1,068,675Net Income 2019: $92,9712019Revenue 2020: $956,174Expenses 2020: $857,512Net Income 2020: $98,6622020Revenue 2021: $1,307,477Expenses 2021: $1,086,261Net Income 2021: $221,2162021Revenue 2022: $1,474,698Expenses 2022: $1,347,657Net Income 2022: $127,0412022Revenue 2023: $1,805,703Expenses 2023: $1,922,758Net Income 2023: -$117,0552023Revenue 2024: $1,828,367Expenses 2024: $1,691,850Net Income 2024: $136,5172024

Highlighted filing

2015

Revenue$2,208,308
Expenses$2,193,075
Net Income$15,233
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$2,208,308
Mission and Program Overview

Mission

The idea village is a 501(c)(3) non-profit organization with a mission to identify, support and retain entrepreneurial talent in new orleans and the surrounding regions.

Our mission is to identify, support, and retain entrepreneurial talent in new orleans. The idea village delivers against its mission by building an entrepreneurial ecosystem and has solidified its position as a leading driver of entrepreneurship. The idea village grows the new orleansentrepreneurial ecosystem by executing an annual entrepreneur season from july - march that engages top talent and strategic partners. The entrepreneur season, which culminates with new orleans entrepreneur week (noew), captures the core cultural elements of the local environment therefore allowing for it to become an integral piece of the new orleans fabric. Each season enlists - new people with new ideas allowing the movement to grow. The idea village provides a broad array of high-impact educational and consulting services that support and facilitate entrepreneurial growth in new orleans. Season programming includes educational services, strategic consulting and capital access programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$507,700$780,374▲ $272,674
Pledges and Grants Receivable$139,948$147,825▲ $7,877
Land, Buildings, and Equipment, Net$271,754$3,715▼ $268,039
Prepaid Expenses and Deferred Charges$1,267--
Total Assets$926,220$937,465▲ $11,245
Other Assets Total$5,551$5,551→ $0
Liabilities
Accounts Payable and Accrued Expenses$12,199$8,277▼ $3,922
Other Liabilities$3,489$3,423▼ $66
Total Liabilities$15,688$11,700▼ $3,988
Net Assets / Fund Balance
Unrestricted Net Assets$882,384$738,841▼ $143,543
Temporarily Rstr Net Assets$28,148$186,924▲ $158,776
Total Net Assets Fund Balance$910,532$925,765▲ $15,233
Total Liabilities and Net Assets / Fund Balance$926,220$937,465▲ $11,245

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,783$48,904$50,687
Equipment$1,932$38,594$40,526
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy WilliamsonCEOFT$204,625$62,875$267,500
Emily MaderoCOOFT$107,249$8,456$115,705

Board Members and Trustees

NameTitle
David DarraghChairman
Ti Adelaide MartinVice Chairman
Amith NagarajanDirector
Bill HinesDirector
Chris LaibeDirector
Daryn DodsonDirector
Hugh WeberDirector
John PayneDirector
Kevin CliffordDirector
Margaret BeerDirector
Matthew WisdomDirector
Merritt LaneDirector
Michael BrownDirector
Michael GollnerDirector
Patrick ComerDirector
Tim RyanDirector
Warner ThomasDirector
Wendell PierceDirector
Yvette JonesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,167,085
Program Service Revenue
$41,223
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,758,428
Change in Net Assets
$15,233

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,208,308
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$279,950
Total Revenue per Audited Statements
$2,488,258
Total Revenue per Form 990
$2,208,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,029,574
Salaries, Compensation, and Employee Benefits$841,387
Grants and Similar Amounts Paid$322,114
Total Fundraising Expense$95,583
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$219,732$102,520$85,317$407,569
Current Officers, Directors, Trustees, and Key Employees$383,205--$383,205
Grants to Domestic Orgs$322,114--$322,114
Fees for Services Other$206,867$7,100-$213,967
Information Technology$59,233$41,267$8$100,508
Advertising$85,688$6,528$792$93,008
Occupancy$360$68,708-$69,068
Insurance$21$58,304-$58,325
Fees for Services Accounting-$56,439-$56,439
Payroll Taxes$29,743$16,661$4,209$50,613
Office Expenses$1,433$19,401-$20,834
Travel$11,812$7$4,179$15,998
Depreciation Depletion$7,258--$7,258
Other Expenses$4,040$1,666$575$6,281
All Other Expenses$108$6,058$68$6,234
Total Functional Expenses$1,708,543$388,949$95,583$2,193,075

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,473,025
Expenses per Audited Statements$2,193,075
Total Expenses per Form 990$2,193,075
Expenses Not Reported on Form 990$279,950
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Group Rate Deals LLCMetairie, LA501c(3)Business Development$28,975
Wetland Resources LLCTickfaw, LA-Business Development$10,000
Urban League of Greater New OrleansNew Orleans, LA-Building Was Donated to Urban League of Greater New Orleans Aid Organization to Further Its Mission to Expand the Office of Workforce Development Within Two Years of Transfer.-
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
Credit Card Payable$3,423
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 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 11

Management will provide a copy of the form 990 to each board member before it is filed.

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

The officers and directors are aware that conflicts of interest should be disclosed as soon as the conflict arises. Once a year, the officers and directors are asked to sign a statement acknowledging their compliance with this policy.

Form 990, Part VI, Section B, Line 15

See schedule j, part i, line 3

Form 990, Part VI, Section C, Line 18

These documents are available upon request.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Idea Village
EIN
45-0470675
Phone
5043043284
Address
515 GIROD STREET, NEW ORLEANS, LA 70130

Signing Officer

Name
Timothy Williamson
Title
CEO
Phone
5043043284
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Williamson
Formed
2002
Legal Domicile
La
Voting Board Members
20
Independent Board Members
19
Employees
13
Volunteers
70

Preparer

Firm
Wegmann Dazet & Company Apc
Address
111 VETERANS BLVD SUITE 800, METAIRIE, LA 70005
Preparer
Jonathan P Koenig
Phone
5048378844
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There has been no change in the selection process or oversight of the organization's auditors.

Financial Statement Notes

PART X, LINE 2:

The village adopted the provisions of asc 740, accounting for uncertainty in income taxes. Management of the village believes it has no material uncertain tax positions, and accordingly,it has not recoginzed any liability for unrecognized tax benefits. With few exceptions, the village is no longer subject to u.s. Federal, state and local, or income tax examinations by tax authorities for a period of three years from the filing of those returns.

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IRS990/ActivityOrMissionDesc0OUR MISSION IS TO IDENTIFY, SUPPORT, AND RETAIN ENTREPRENEURIAL TALENT IN NEW ORLEANS. THE IDEA VILLAGE DELIVERS AGAINST ITS MISSION BY BUILDING AN ENTREPRENEURIAL ECOSYSTEM AND HAS SOLIDIFIED ITS POSITION AS A LEADING DRIVER OF ENTREPRENEURSHIP. THE IDEA VILLAGE GROWS THE NEW ORLEANSENTREPRENEURIAL ECOSYSTEM BY EXECUTING AN ANNUAL ENTREPRENEUR SEASON FROM JULY - MARCH THAT ENGAGES TOP TALENT AND STRATEGIC PARTNERS. THE ENTREPRENEUR SEASON, WHICH CULMINATES WITH NEW ORLEANS ENTREPRENEUR WEEK (NOEW), CAPTURES THE CORE CULTURAL ELEMENTS OF THE LOCAL ENVIRONMENT THEREFORE ALLOWING FOR IT TO BECOME AN INTEGRAL PIECE OF THE NEW ORLEANS FABRIC. EACH SEASON ENLISTS - NEW PEOPLE WITH NEW IDEAS ALLOWING THE MOVEMENT TO GROW. THE IDEA VILLAGE PROVIDES A BROAD ARRAY OF HIGH-IMPACT EDUCATIONAL AND CONSULTING SERVICES THAT SUPPORT AND FACILITATE ENTREPRENEURIAL GROWTH IN NEW ORLEANS. SEASON PROGRAMMING INCLUDES EDUCATIONAL SERVICES, STRATEGIC CONSULTING AND CAPITAL ACCESS PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/PersonNm20EMILY MADERO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8257125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20107249
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0408657
IRS990/GrantAmt0262564
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0322114
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0322114
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02208308
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt08
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt041267
IRS990/InformationTechnologyGrp/ProgramServicesAmt059233
IRS990/InformationTechnologyGrp/TotalAmt0100508
IRS990/InsuranceGrp/ManagementAndGeneralAmt058304
IRS990/InsuranceGrp/ProgramServicesAmt021
IRS990/InsuranceGrp/TotalAmt058325
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt087498
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0271754
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03715
IRS990/LandBldgEquipCostOrOtherBssAmt091213
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE IDEA VILLAGE IS A 501(C)(3) NON-PROFIT ORGANIZATION WITH A MISSION TO IDENTIFY, SUPPORT AND RETAIN ENTREPRENEURIAL TALENT IN NEW ORLEANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0910532
IRS990/NetAssetsOrFundBalancesEOYAmt0925765
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt068708
IRS990/OccupancyGrp/ProgramServicesAmt0360
IRS990/OccupancyGrp/TotalAmt069068
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019401
IRS990/OfficeExpensesGrp/ProgramServicesAmt01433
IRS990/OfficeExpensesGrp/TotalAmt020834
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05551
IRS990/OtherAssetsTotalGrp/EOYAmt05551
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1PRODUCTION
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt0435
IRS990/OtherExpensesGrp/FundraisingAmt1575
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21666
IRS990/OtherExpensesGrp/ProgramServicesAmt0342994
IRS990/OtherExpensesGrp/ProgramServicesAmt127616
IRS990/OtherExpensesGrp/ProgramServicesAmt26319
IRS990/OtherExpensesGrp/ProgramServicesAmt34040
IRS990/OtherExpensesGrp/TotalAmt0345159
IRS990/OtherExpensesGrp/TotalAmt127616
IRS990/OtherExpensesGrp/TotalAmt28879
IRS990/OtherExpensesGrp/TotalAmt36281
IRS990/OtherLiabilitiesGrp/BOYAmt03489
IRS990/OtherLiabilitiesGrp/EOYAmt03423
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt085317
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102520
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0219732
IRS990/OtherSalariesAndWagesGrp/TotalAmt0407569
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd01
IRS990/PayrollTaxesGrp/FundraisingAmt04209
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016661
IRS990/PayrollTaxesGrp/ProgramServicesAmt029743
IRS990/PayrollTaxesGrp/TotalAmt050613
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0139948
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0147825
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01267
IRS990/PrincipalOfficerNm0TIMOTHY WILLIAMSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENT TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1SPEAKING FEES
IRS990/ProgramServiceRevenueGrp/Desc2FACILITIES RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt039453
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt039453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2270
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL PROJECTS: IDEALAB IS OUR RESEARCH AND DEVELOPMENT ARM. CENTRAL TO OUR MISSION IS THE CREATION AND EXECUTION OF INNOVATIVE PROJECTS THAT CONTINUE TO BUILD THE ENTREPRENEURIAL INFRASTRUCTURE IN NEW ORLEANS. FUNDERS - INCLUDING INNOVATORS, CORPORATIONS, ECONOMIC DEVELOPMENT PARTNERS, FOUNDATIONS, AND COMMUNITY ACTIVISTS - APPROACH THE IDEA VILLAGE WITH SPECIFIC IDEAS TO BETTER THE COMMUNITY. TOGETHER, WE ASSESS THOSE OPPORTUNITIES AND DEVELOP INNOVATIVE APPROACHES TO BRING THOSE IDEAS TO LIFE . PAST PROJECTS HAVE INCLUDED: IDEACORPS (2006), ENTERGY INNOVATION CENTER (2009), HOW THEY DID IT (2009), WATER CHALLENGE (2010), AND TRUST YOUR CRAZY IDEAS CHALLENGE (2010).DURING THE 2015 SEASON, OUR STRATEGY WITH IDEALAB WAS TO CONNECT NATIONAL NETWORKS TO NEW ORLEANS' ENTREPRENEURIAL COMMUNITY. OUR 2015 IDEALAB PROJECTS INCLUDED THE NEW BIENVILLE SOCIETY AND A PARTNERSHIP WITH THE DELTA REGIONAL AUTHORITY. THE NEW BIENVILLE SOCIETY (NBS) IS AN INVITATION-ONLY INITIATIVE FOCUSED ON IDENTIFYING NATIONAL LEADERS WITH AN INDELIBLE EMOTIONAL LINK TO NEW ORLEANS TO ENGAGE IN ITS FUTURE. THROUGH A PARTNERSHIP WITH THE DELTA REGIONAL AUTHORITY, 45 DELEGATES FROM ACROSS EIGHT STATES TRAVELLED TO NEW ORLEANS DURING NEW ORLEANS ENTREPRENEUR WEEK TO LEVERAGE THE INTERACTIVE CONTENT, CONNECT WITH INVESTORS, AND LEARN HOW TO GROW AN ENTREPRENEURIAL ECOSYSTEM IN THEIR OWN COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0194383
IRS990/ProgSrvcAccomActy2Grp/GrantAmt059550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01617137
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0187000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0890781
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt032545
IRS990/PYRevenuesLessExpensesAmt0-194675
IRS990/PYSalariesCompEmpBnftPaidAmt0766576
IRS990/PYTotalExpensesAmt01844357
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01649682
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt015233
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt041223
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION ADOPTED A JUNE 30 FISCAL YEAR END WITH THE FILING OF ITS FORM 990 FOR THE SIX MONTHS ENDED JUNE 30, 2011. ACCORDINGLY, THE FOLLOWING YEARS ARE PRESENTED IN SCHEDULE A: CURRENT YEAR - FISCAL YEAR ENDED JUNE 30, 2015 FIRST PRECEEDING YEAR - FISCAL YEAR ENDED JUNE 30, 2014 SECOND PRECEEDING YEAR - FISCAL YEAR ENDED JUNE 30, 2013 THIRD PRECEEDING YEAR - FISCAL YEAR ENDED JUNE 30, 2012 FOURTH PRECEEDING YEAR - SHORT YEAR ENDED JUNE 20, 2011
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02167085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01617137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01992824
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01980147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01225405
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08982598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01204
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080832
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93530
IRS990ScheduleA/PublicSupportPY170Pct00.90060
IRS990ScheduleA/PublicSupportTotal170Amt08477477
IRS990ScheduleA/SubstantialContributorsTotAmt0505121
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02167085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01617137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01992824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01980147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01225405
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08982598

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.09$0.18$0.91$1.83$1.69$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.40$0.78$1.81$1.92$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.16$0.90$1.47$1.35$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.21$0.77$1.31$1.09$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.17$0.55$0.96$0.86$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$1.16$1.07$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.13$0.36$0.75$1.59$0.84
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.19$2.67$2.41$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.11$0.93$2.47$2.47$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$2.21$2.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$1.65$1.84$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.01$1.11$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.04$1.02$1.91
2011Summary only. Only limited summary data is available for this year.$1.00$0.05$0.95$1.23$1.12$0.11
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.07$0.84$2.19
Peer Organizations

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