Civic Intelligence

New Orleans Culinary and Hospitality Institute Inc.

990 • Fiscal year 2019 • EIN 46-3311280

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

725 Howard Avenue No 101New Orleans, LA 70130

(504) 891-4060

Siviq Scores

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

Liabilities / Assets

64th percentile

0.36x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.97x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

54th percentile

4.2%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$148,422

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

5th percentile

-16%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

9.5%

Faster revenue growth than 65% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$19,174,700

Down $3,720,292 (-16%) from 2018

Net Assets

Up

$12,332,267

Up $299,019 (+2.5%) from 2018

Liabilities

Down

$6,842,433

Down $4,019,311 (-37%) from 2018

Revenue

Up

$7,045,695

Up $610,397 (+9.5%) from 2018

Expenses

Up

$6,746,676

Up $5,090,344 (+307%) from 2018

Net Income

Down

$299,019

Down $4,479,947 (-94%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2013: $1Liabilities 2013: $02013Assets 2014: $6,309,329Liabilities 2014: $7,254,101Net Assets 2014: -$944,7722014Assets 2015: $7,286,538Liabilities 2015: $9,423,178Net Assets 2015: -$2,136,6402015Assets 2016: $7,002,012Liabilities 2016: $9,949,594Net Assets 2016: -$2,947,5822016Assets 2017: $22,418,654Liabilities 2017: $15,302,372Net Assets 2017: $7,116,2822017Assets 2018: $22,894,992Liabilities 2018: $10,861,744Net Assets 2018: $12,033,2482018Assets 2019: $19,174,700Liabilities 2019: $6,842,433Net Assets 2019: $12,332,2672019Assets 2020: $17,840,876Liabilities 2020: $6,507,108Net Assets 2020: $11,333,7682020Assets 2021: $17,473,876Liabilities 2021: $4,773,819Net Assets 2021: $12,700,0572021Assets 2022: $19,060,810Liabilities 2022: $6,482,004Net Assets 2022: $12,578,8062022Assets 2023: $17,240,457Liabilities 2023: $4,338,848Net Assets 2023: $12,901,6092023Assets 2024: $2,482,729Liabilities 2024: $4,168,438Net Assets 2024: -$1,685,7092024

Highlighted filing

2019

Assets$19,174,700
Liabilities$6,842,433
Net Assets$12,332,267

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $44,139Expenses 2014: $974,718Net Income 2014: -$930,5792014Revenue 2015: $52,755Expenses 2015: $1,244,623Net Income 2015: -$1,191,8682015Revenue 2016: $30Expenses 2016: $883,630Net Income 2016: -$883,6002016Revenue 2017: $10,934,410Expenses 2017: $870,545Net Income 2017: $10,063,8652017Revenue 2018: $6,435,298Expenses 2018: $1,656,332Net Income 2018: $4,778,9662018Revenue 2019: $7,045,695Expenses 2019: $6,746,676Net Income 2019: $299,0192019Revenue 2020: $3,001,368Expenses 2020: $3,999,867Net Income 2020: -$998,4992020Revenue 2021: $4,779,662Expenses 2021: $3,413,373Net Income 2021: $1,366,2892021Revenue 2022: $4,161,067Expenses 2022: $4,202,700Net Income 2022: -$41,6332022Revenue 2023: $4,734,009Expenses 2023: $4,441,460Net Income 2023: $292,5492023Revenue 2024: $4,617,493Expenses 2024: $5,923,311Net Income 2024: -$1,305,8182024

Highlighted filing

2019

Revenue$7,045,695
Expenses$6,746,676
Net Income$299,019
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$8,995,068
Mission and Program Overview

Mission

To create world-class culinary and hospitality facilities, programs, and research that drive workforce and economic dvelopment for the new orleans region.

To create world-class culinary and hospitality facilities, programs, and research that drive workforce and economic development for the new orleans region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$13,281,500$13,281,500→ $0
Pledges and Grants Receivable$3,519,610$3,364,619▼ $154,991
Cash and Non-Interest-Bearing Accounts$1,059,278$414,787▼ $644,491
Accounts Receivable$270,222$113,523▼ $156,699
Prepaid Expenses and Deferred Charges$142,635$50,115▼ $92,520
Savings and Temporary Cash Investments$905$13,344▲ $12,439
Land, Buildings, and Equipment, Net$1,919,905$9,595▼ $1,910,310
Total Assets$22,894,992$19,174,700▼ $3,720,292
Other Assets Total$2,700,937$1,927,217▼ $773,720
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,378,626$5,677,626▼ $4,701,000
Other Liabilities$299$694,112▲ $693,813
Accounts Payable and Accrued Expenses$165,539$215,019▲ $49,480
Unsecured Notes Loans Payable-$135,746-
Deferred Revenue$317,280$119,930▼ $197,350
Total Liabilities$10,861,744$6,842,433▼ $4,019,311
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,483,863$8,667,545▲ $183,682
Net Assets With Donor Restrictions$3,549,385$3,664,722▲ $115,337
Total Net Assets Fund Balance$12,033,248$12,332,267▲ $299,019
Total Liabilities and Net Assets / Fund Balance$22,894,992$19,174,700▼ $3,720,292

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,595$2,308$11,903
Other Assets Org$1,927,217--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol MarkowitzExec Director (thru June)/treasurerFT$132,388$16,034$148,422
Richard BuchsbaumDirector of EventsFT$105,323$22,455$127,778
Leah SarrisExecutive DirectorFT$80,717$5,034$85,751
Michael KernahanDirector of Finance (thru July)FT$47,510$4,848$52,358
Fitzpatrick S NeddDirector of FinanceFT$22,922$2,724$25,646

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,942,170
Program Service Revenue
$3,795,462
Investment Income
$-4,246
Other Revenue
$312,309
All Other Contributions
$2,942,170
Change in Net Assets
$299,019

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$1,168,808Fair Value
Other Non Cash Contri Table1$507,556Fair Value
Total Noncash Contributions3$1,676,364-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,284,782
Grants and Similar Amounts Paid$2,427,461
Salaries, Compensation, and Employee Benefits$1,034,433
Total Fundraising Expense$95,513
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,427,461--$2,427,461
Occupancy$562,364$1,528,474$147$2,090,985
Other Salaries and Wages$454,839$84,049-$538,888
Interest$286,340$119,068$858$406,266
Current Officers, Directors, Trustees, and Key Employees$78,043$156,088$78,043$312,174
Advertising$218,102-$150$218,252
Other Employee Benefits$86,448$27,946$3,404$117,798
Fees for Services Other$67,495$22,764-$90,259
Payroll Taxes$41,917$18,926$4,730$65,573
Insurance$18,608$20,551-$39,159
Depreciation Depletion$29,103$9,034-$38,137
Fees for Services Legal-$32,048-$32,048
Information Technology$15,396$7,773$5,132$28,301
Fees for Service Investment Mgmnt Fees-$25,331-$25,331
Office Expenses$12,341$9,862$3,049$25,252
Fees for Services Accounting-$24,451-$24,451
Travel-$12,436-$12,436
Other Expenses$54,501$11,021-$11,021
Conferences and Meetings$267$1,975-$2,242
All Other Expenses-$1,260-$1,260
Total Functional Expenses$4,535,846$2,115,317$95,513$6,746,676
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nochi Real EstateNew Orleans, LA501(c)(2)Align Custodian of Donation With Leaseholder of Building-
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
Due to Nochi Re$694,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

George brower ii and richard brennan, jr. Have a family relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the director of finance along with the executive director for completeness or any discrepancies. If any discrepancies are found, they are relayed to the cpa firm for changes/updates. The final copy is presented to the board for additional questions and follow up.

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

Annually the policy and disclosure forms are distributed to all board members and officers who are required to sign and return to the executive director. Any potential conflicts will cause a person to excuse themselves from vote on the issue causing conflict.

Form 990, Part VI, Section B, Line 15

The executive committee reviews and approves negotiations for the executive director's compensation. The final review was conducted by the full board and is documented in the board minutes. The director of finance's compensation is based upon national average for similar positions in region.

Form 990, Part VI, Section C, Line 19

All information is available upon request.

Filing and Contact Details

Filer

Filer Name
New Orleans Culinary &
EIN
46-3311280
Phone
5048914060
Address
725 HOWARD AVENUE NO 101, NEW ORLEANS, LA 70130

Signing Officer

Name
Patrick Nedd
Title
Director of Finance
Phone
5048914060
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leah Sarris Rd Ldn
Formed
2013
Legal Domicile
La
Voting Board Members
13
Independent Board Members
13
Employees
47
Volunteers
13

Preparer

Firm
Postlethwaite & Netterville
Address
ONE GALLERIA BLVD STE 2100, METAIRIE, LA 70001
Preparer
Sharon Cassiere
Phone
5048375990
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In partnership with diageo north america, nochi started the "learning skills for life" workforce program, which provides educational and vocational opportunities, along with hospitality and life skills training, to underserved, unemployed and underemployed individuals in the new orleans area.

Part XII, Line 2C

There have been no changes from the prior year in the oversight or selection processes for the audit that the organziation's committee uses.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) and 501(c)(2) of the internal revenue code and applicable state law. The organization may recognize the tax benefit from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The organization has analyzed its tax positions taken for filings with the internal revenue service and the state of louisiana. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the organization's financial condition, results of operations, or cash flows.

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IRS990/Desc0NEW ORLEANS CULINARY & HOSPITALITY INSTITUTE, INC OPERATES AS A WORLD-CLASS, POST-SECONDARY VOCATIONAL SCHOOL FOR THE CULINARY AND HOSPITALITY INDUSTRY, WITH INSTRUCTIONAL FACILITIES THAT INCLUDE TWO CULINARY LABS, TWO BAKING AND PASTRY LABS, A BEVERAGE LAB, A DINING LAB, A FOOD SCIENCE AND SENSORY LAB, AND GENERAL CLASSROOM SPACES.THE ORGANIZATION OFFERS TWO CERTIFICATE PROGRAMS IN THE CULINARY FIELD THAT COMPRISE THE PRIMARY PROGRAM SERVICES. GRADUATES OF THE NOCHI CULINARY ARTS CERTIFICATE AND NOCHI BAKING AND PASTRY ARTS CERTIFICATE PROGRAMS ARE EXPECTED TO LEARN THE BASIC FOUNDATIONAL SKILLS THAT ARE CRITICAL TO A PRODUCTION-ORIENTED PROFESSIONAL COOK OR BAKER. THE FACILITIES ALSO INCLUDE A CAFE AND SPACE FOR PRIVATE EVENTS, BOTH OF WHICH ARE INTENDED TO GENERATE REVENUE FOR THE SCHOOL AND PROVIDE THE OPPORTUNITY FOR EXPERIENTIAL LEARNING FOR FUTURE STUDENTS. DURING 2019, 40 STUDENTS GRADUATED FROM THE CULINARY & BAKING AND PASTRY ARTS CERTIFICATE PROGRAM.THE ORGANIZATION ALSO OFFERS COMMUNITY ENTHUSIAST PROGRAMMING FOR LOCALS AND VISITORS. DURING 2019, 550 INDIVIDUALS WERE SERVED.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/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/TitleTxt0EXEC DIR (THRU JUNE)/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF FINANCE (THRU JULY)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-5619
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt02427461
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02427461
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02427461
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01163190
IRS990/GrossReceiptsAmt08995068
IRS990/GrossRentsGrp/RealAmt01092868
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05132
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07773
IRS990/InformationTechnologyGrp/ProgramServicesAmt015396
IRS990/InformationTechnologyGrp/TotalAmt028301
IRS990/InsuranceGrp/ManagementAndGeneralAmt020551
IRS990/InsuranceGrp/ProgramServicesAmt018608
IRS990/InsuranceGrp/TotalAmt039159
IRS990/InterestGrp/FundraisingAmt0858
IRS990/InterestGrp/ManagementAndGeneralAmt0119068
IRS990/InterestGrp/ProgramServicesAmt0286340
IRS990/InterestGrp/TotalAmt0406266
IRS990/InvestmentIncomeGrp/ExclusionAmt01373
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01373
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02308
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01919905
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09595
IRS990/LandBldgEquipCostOrOtherBssAmt011903
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01168809
IRS990/LessRentalExpensesGrp/RealAmt0780564
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE WORLD-CLASS CULINARY AND HOSPITALITY FACILITIES, PROGRAMS, AND RESEARCH THAT DRIVE WORKFORCE AND ECONOMIC DEVELOPMENT FOR THE NEW ORLEANS REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010378626
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05677626
IRS990/NetAssetsOrFundBalancesBOYAmt012033248
IRS990/NetAssetsOrFundBalancesEOYAmt012332267
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5619
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5619
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0326823
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0312304
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-14519
IRS990/NetUnrelatedBusTxblIncmAmt02008
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08483863
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08667545
IRS990/NoncashContributionsAmt01676364
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0147
IRS990/OccupancyGrp/ManagementAndGeneralAmt01528474
IRS990/OccupancyGrp/ProgramServicesAmt0562364
IRS990/OccupancyGrp/TotalAmt02090985
IRS990/OfficeExpensesGrp/FundraisingAmt03049
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09862
IRS990/OfficeExpensesGrp/ProgramServicesAmt012341
IRS990/OfficeExpensesGrp/TotalAmt025252
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02700937
IRS990/OtherAssetsTotalGrp/EOYAmt01927217
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03404
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027946
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086448
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0117798
IRS990/OtherExpensesGrp/Desc0FEDERAL & STATE INCOME
IRS990/OtherExpensesGrp/Desc1COOKING SUPPLIES
IRS990/OtherExpensesGrp/Desc2JOB MATERIALS
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02260
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111021
IRS990/OtherExpensesGrp/ProgramServicesAmt0182621
IRS990/OtherExpensesGrp/ProgramServicesAmt154501
IRS990/OtherExpensesGrp/TotalAmt02260
IRS990/OtherExpensesGrp/TotalAmt1182621
IRS990/OtherExpensesGrp/TotalAmt254501
IRS990/OtherExpensesGrp/TotalAmt311021
IRS990/OtherLiabilitiesGrp/BOYAmt0299
IRS990/OtherLiabilitiesGrp/EOYAmt0694112
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REFUNDS & REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05
IRS990/OtherRevenueTotalAmt05
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084049
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0454839
IRS990/OtherSalariesAndWagesGrp/TotalAmt0538888
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt013281500
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt013281500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04730
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018926
IRS990/PayrollTaxesGrp/ProgramServicesAmt041917
IRS990/PayrollTaxesGrp/TotalAmt065573
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03519610
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03364619
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0142635
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050115
IRS990/PrincipalOfficerNm0LEAH SARRIS RD LDN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1611519
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF LOUISIANA TAX CREDIT INC
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/Desc2LEVERAGE LOAN INTEREST - NMTC
IRS990/ProgramServiceRevenueGrp/Desc3DEVELOPER FEE - NMTC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03074766
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1480699
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2233288
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36709
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03074766
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1480699
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2233288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36709
IRS990/ProgSrvcAccomActy2Grp/Desc0REAL ESTATE DEVELOPMENT - TO PARTICIPATE IN THE ACQUISITION AND CONSTRUCTION BY NOCHI REAL ESTATE OF A WORLD-CLASS, POST-SECONDARY VOCATIONAL SCHOOL FOR THE CULINARY AND HOSPITALITY INDUSTRY AS PART OF A NEW MARKETS TAX CREDIT TRANSACTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0200467
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03314763
IRS990/ProgSrvcAccomActy3Grp/Desc0IN PARTNERSHIP WITH DIAGEO NORTH AMERICA, NOCHI STARTED THE "LEARNING SKILLS FOR LIFE" WORKFORCE PROGRAM, WHICH PROVIDES EDUCATIONAL AND VOCATIONAL OPPORTUNITIES, ALONG WITH HOSPITALITY AND LIFE SKILLS TRAINING, TO UNDERSERVED, UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS IN THE NEW ORLEANS AREA. THE FREE, FOUR-WEEK PROGRAM SUPPORTS NOCHI'S ONGOING MISSION TO PROVIDE CURRENT AND ASPIRING MEMBERS OF THE HOSPITALITY INDUSTRY ACCESS TO LONG-TERM CAREER OPPORTUNITIES. BY ENROLLING IN LEARNING SKILLS FOR LIFE, PARTICIPANTS WILL RECEIVE INTENSIVE, HANDS-ON TRAINING IN BARTENDING, AS WELL AS DEVELOPMENT IN AREAS SUCH AS PERSONAL FINANCING, RESUME CREATION, AND INTERVIEWING. DURING 2019, A PROGRAM MANAGER WAS HIRED TO BEGIN IMPLEMENTATION. THE FIRST CLASS BEGAN IN EARLY 2020.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt019708
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04269410
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019566
IRS990/PYOtherExpensesAmt01100723
IRS990/PYOtherRevenueAmt0-44537
IRS990/PYProgramServiceRevenueAmt02190859
IRS990/PYRevenuesLessExpensesAmt04778966
IRS990/PYSalariesCompEmpBnftPaidAmt0555609
IRS990/PYTotalExpensesAmt01656332
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06435298
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0299019
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0312304
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01

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.$2.48$4.17$1.69$4.62$5.92$1.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$4.34$12.9$4.73$4.44$0.29
2022Detailed filing. Detailed filing data is available for this year.$19.1$6.48$12.6$4.16$4.20$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$4.77$12.7$4.78$3.41$1.37
2020Detailed filing. Detailed filing data is available for this year.$17.8$6.51$11.3$3.00$4.00$1.00
2019Detailed filing. Detailed filing data is available for this year.$19.2$6.84$12.3$7.05$6.75$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.9$10.9$12.0$6.44$1.66$4.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$15.3$7.12$10.9$0.87$10.1
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.00$9.95$2.95$0.00$0.88$0.88
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$9.42$2.14$0.05$1.24$1.19
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$7.25$0.94$0.04$0.97$0.93
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00