Civic Intelligence

Nola Angel Network Inc

990EZ • Fiscal year 2014 • EIN 46-4673422

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 26, 2015

PO Box 751101New Orleans, LA 70175

(504) 434-0421

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.61x

Higher debt load relative to assets than 93% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

0.58x

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

94th percentile

37%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$86,186

No earlier filing loaded for comparison.

Net Assets

$33,436

No earlier filing loaded for comparison.

Liabilities

$52,750

No earlier filing loaded for comparison.

Revenue

$91,330

No earlier filing loaded for comparison.

Expenses

$57,894

No earlier filing loaded for comparison.

Net Income

$33,436

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $86,186Liabilities 2014: $52,750Net Assets 2014: $33,4362014Assets 2015: $149,404Liabilities 2015: $52,545Net Assets 2015: $96,8592015Assets 2016: $223,361Liabilities 2016: $81,088Net Assets 2016: $142,2732016Assets 2017: $195,792Liabilities 2017: $143,378Net Assets 2017: $52,4142017Assets 2018: $107,289Liabilities 2018: $65,946Net Assets 2018: $41,3432018Assets 2019: $99,358Liabilities 2019: $67,850Net Assets 2019: $31,5082019Assets 2020: $164,235Liabilities 2020: $84,300Net Assets 2020: $79,9352020Assets 2021: $169,959Liabilities 2021: $67,424Net Assets 2021: $102,5352021Assets 2022: $149,831Liabilities 2022: $61,129Net Assets 2022: $88,7022022Assets 2023: $147,375Liabilities 2023: $55,000Net Assets 2023: $92,3752023Assets 2024: $214,324Liabilities 2024: $68,500Net Assets 2024: $145,8242024

Highlighted filing

2014

Assets$86,186
Liabilities$52,750
Net Assets$33,436

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $91,330Expenses 2014: $57,894Net Income 2014: $33,4362014Revenue 2015: $159,908Expenses 2015: $96,485Net Income 2015: $63,4232015Revenue 2016: $185,855Expenses 2016: $140,441Net Income 2016: $45,4142016Revenue 2017: $160,955Expenses 2017: $250,814Net Income 2017: -$89,8592017Revenue 2018: $153,692Expenses 2018: $164,763Net Income 2018: -$11,0712018Revenue 2019: $148,732Expenses 2019: $158,567Net Income 2019: -$9,8352019Revenue 2020: $189,405Expenses 2020: $140,978Net Income 2020: $48,4272020Revenue 2021: $176,626Expenses 2021: $154,026Net Income 2021: $22,6002021Revenue 2022: $198,071Expenses 2022: $211,904Net Income 2022: -$13,8332022Revenue 2023: $209,542Expenses 2023: $206,369Net Income 2023: $3,1732023Revenue 2024: $231,596Expenses 2024: $177,648Net Income 2024: $53,9482024

Highlighted filing

2014

Revenue$91,330
Expenses$57,894
Net Income$33,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 26, 2015
Return Version
2014v5.0
Gross Receipts
$91,330
Mission and Program Overview

Mission

For the purpose of promoting the education of the american public in early stage investment opportunities, entrepreneurial endeavors and business conditions for early stage companies, primarily in the state of louisiana, but including companies in other locations.

This corporation is organized and it shall be operated exclusively for nonprofit purposes as a business league under section 501(c)(6) of the internal revenue code and, specifically, for the purpose of promoting the education of the american public in early stage investment opportunities, entrepreneurial endeavors and business conditions for early stage companies, primarily in the state of louisiana, but including companies in other locations.

Program Services

DescriptionGrantsExpenses
MEMBER MEETINGS$0$17,203
EDUCATION SESSIONS$0$5,243
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL ECKERTPresident, ChairmanPT$0--
JOHN CARRERE IIISecretary, Director Of OperationsPT$0--
MARK GRAFFAGNINIDirectorPT$0--
KEVIN POLLARDDirectorPT$0--
KEVIN WILKINSDirectorPT$0--
DANN SCHWARTZDirectorPT$0--
CHRISTY LUQUIREDirectorPT$0--
MICHAEL SCHMIDTDirectorPT$0--
SCOTT WHITTAKERDirectorPT$0--
TARA HERNANDEZDirectorPT$0--
DARYL SCHLOZDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Nola Angel Network Inc
EIN
46-4673422
Phone
5044340421
Address
PO BOX 751101, NEW ORLEANS, LA 70175

Signing Officer

Name
Michael Eckert
Title
President/chairman
Phone
5044340421
Signed
2015-02-26
Discuss with paid preparer
Yes

Preparer

Firm
Bourgeois Bennett LLC
Address
111 VETERANS BLVD 17TH FLOOR, METAIRIE, LA 70005
Preparer
Marjorie W Duquesnay
Phone
5048314949
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: education. Amount: 5,243. Description: marketing and recruiting. Amount: 1,669. Description: member meetings. Amount: 17,203. Description: bank charges/merchant fees. Amount: 693. Description: insurance - d&o. Amount: 1,304. Description: meals. Amount: 923. Description: office expenses. Amount: 3,698. Description: technology expenses. Amount: 618. Description: promotional items. Amount: 19,472. Description: logo design. Amount: 519. Description: conferences/memberships. Amount: 750. Description: web design/development. Amount: 4,515. Total to form 990-ez, line 16: 56,607.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: prepaid memberships. Beg. Of year amount: 0. End of year amount: 52,750.

Raw XML Appendix156 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL ECKERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN CARRERE III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK GRAFFAGNINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN POLLARD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THIS CORPORATION IS ORGANIZED AND IT SHALL BE OPERATED EXCLUSIVELY FOR NONPROFIT PURPOSES AS A BUSINESS LEAGUE UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND, SPECIFICALLY, FOR THE PURPOSE OF PROMOTING THE EDUCATION OF THE AMERICAN PUBLIC IN EARLY STAGE INVESTMENT OPPORTUNITIES, ENTREPRENEURIAL ENDEAVORS AND BUSINESS CONDITIONS FOR EARLY STAGE COMPANIES, PRIMARILY IN THE STATE OF LOUISIANA, BUT INCLUDING COMPANIES IN OTHER LOCATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEMBER MEETINGS
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15243
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IRS990EZ/TotalProgramServiceExpensesAmt022446
IRS990EZ/TotalRevenueAmt091330
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NOLAANGELNETWORK.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: EDUCATION. AMOUNT: 5,243. DESCRIPTION: MARKETING AND RECRUITING. AMOUNT: 1,669. DESCRIPTION: MEMBER MEETINGS. AMOUNT: 17,203. DESCRIPTION: BANK CHARGES/MERCHANT FEES. AMOUNT: 693. DESCRIPTION: INSURANCE - D&O. AMOUNT: 1,304. DESCRIPTION: MEALS. AMOUNT: 923. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,698. DESCRIPTION: TECHNOLOGY EXPENSES. AMOUNT: 618. DESCRIPTION: PROMOTIONAL ITEMS. AMOUNT: 19,472. DESCRIPTION: LOGO DESIGN. AMOUNT: 519. DESCRIPTION: CONFERENCES/MEMBERSHIPS. AMOUNT: 750. DESCRIPTION: WEB DESIGN/DEVELOPMENT. AMOUNT: 4,515. TOTAL TO FORM 990-EZ, LINE 16: 56,607.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID MEMBERSHIPS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 52,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL ECKERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05044340421
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NOLA ANGEL NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0NOLA
ReturnHeader/Filer/EIN0464673422
ReturnHeader/Filer/PhoneNum05044340421
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 751101
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070175
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720136870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOURGEOIS BENNETT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 VETERANS BLVD 17TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070005
ReturnHeader/PreparerPersonGrp/PhoneNum05048314949
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARJORIE W DUQUESNAY
ReturnHeader/ReturnTs02015-03-25T15:08:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings