Civic Intelligence

The 1881 Research Institute

EIN 47-3109062 • 501(c)3 • New Orleans, LA

Profile

The 1881 Research Institute is a workforce development initiative that prepares populations for careers in engineering and advanced manufacturing.

1241 Carondelet StNew Orleans, LA 70130

the1881institute.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.48x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

1.2%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

99th percentile

1263%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

39%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$148,130

Up $137,262 (+1263%) from 2023

Liabilities

Up

$71,321

Up $54,881 (+334%) from 2023

Net Assets

Up

$76,809

Up $82,381 (+1478%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin49th percentile

Revenue

Up

$428,597

Up $121,228 (+39%) from 2023

Expenses

Up

$423,395

Up $139,507 (+49%) from 2023

Net Income

Down

$5,202

Down $18,279 (-78%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$150K$100K$50K$0-$50KAssets 2015: $15,214Liabilities 2015: $0Net Assets 2015: $15,2142015Assets 2016: $7,705Liabilities 2016: $0Net Assets 2016: $7,7052016Assets 2017: $7,735Liabilities 2017: $0Net Assets 2017: $7,7352017Assets 2018: $71,679Liabilities 2018: $1,069Net Assets 2018: $70,6102018Assets 2019: $45,633Liabilities 2019: $1,306Net Assets 2019: $44,3272019Assets 2020: $15,806Liabilities 2020: $2,542Net Assets 2020: $13,2642020Assets 2021: $88,726Liabilities 2021: $1,137Net Assets 2021: $87,5892021Assets 2022: $5,673Liabilities 2022: $29,985Net Assets 2022: -$24,3122022Assets 2023: $10,868Liabilities 2023: $16,440Net Assets 2023: -$5,5722023Assets 2024: $148,130Liabilities 2024: $71,321Net Assets 2024: $76,8092024

Highlighted filing

2024

Assets$148,130
Liabilities$71,321
Net Assets$76,809
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $43,191Expenses 2015: $27,977Net Income 2015: $15,2142015Revenue 2016: $46,649Expenses 2016: $54,158Net Income 2016: -$7,5092016Revenue 2017: $99,238Expenses 2017: $99,208Net Income 2017: $302017Revenue 2018: $251,865Expenses 2018: $194,286Net Income 2018: $57,5792018Revenue 2019: $121,652Expenses 2019: $147,935Net Income 2019: -$26,2832019Revenue 2020: $119,562Expenses 2020: $150,625Net Income 2020: -$31,0632020Revenue 2021: $290,664Expenses 2021: $218,451Net Income 2021: $72,2132021Revenue 2022: $219,388Expenses 2022: $284,291Net Income 2022: -$64,9032022Revenue 2023: $307,369Expenses 2023: $283,888Net Income 2023: $23,4812023Revenue 2024: $428,597Expenses 2024: $423,395Net Income 2024: $5,2022024

Highlighted filing

2024

Revenue$428,597
Expenses$423,395
Net Income$5,202
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$148,130
Liabilities
$71,321
Net assets
$76,809
Revenue
$428,597
Expenses
$423,395
Net income
$5,202
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.71$0.77$4.29$4.23$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.16$0.06$3.07$2.84$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.30$0.24$2.19$2.84$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.01$0.88$2.91$2.18$0.72
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$1.20$1.51$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.44$1.22$1.48$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$2.52$1.94$0.58
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.99$0.99$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.47$0.54$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.43$0.28$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 15, 2025
Return Version
2023v6.0
Gross Receipts
$428,597
Mission and Program Overview

Mission

The 1881 Research Institute is an aspiring charter high school that prepares underrepresented populations to enter STEM fields.

The 1881 Research Institute is a workforce development initiative that prepares underrepresented populations for careers in engineering and advanced manufacturing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,853$88,593▲ $77,740
Accounts Receivable$0$9,200▲ $9,200
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$10,868$148,130▲ $137,262
Other Assets Total$15$50,337▲ $50,322
Liabilities
Other Liabilities-$49,971-
Accounts Payable and Accrued Expenses$16,440$21,350▲ $4,910
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$16,440$71,321▲ $54,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,572$76,809▲ $82,381
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-5,572$76,809▲ $82,381
Total Liabilities and Net Assets / Fund Balance$10,868$148,130▲ $137,262

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$45--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Kevin FergusonBoard Chairman
Kenyon WebberBoard Member
Taylor WilliamsBoard Member
Gina AllenBoard Secretary
Bahiy WatsonExecutive Director
Harold Jean-LouisMember
Jean-Paul DetiegeMember
Rena LewisMember
Ingenue FieldsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$386,906
Program Service Revenue
$40,228
Investment Income
$0
Other Revenue
$1,463
All Other Contributions
$350,357
Change in Net Assets
$5,202
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$415,477
Total Fundraising Expense$13,696
Salaries, Compensation, and Employee Benefits$7,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$45,260$6,193$5,093$56,546
Fees for Services Management$45,214$0$0$45,214
Other Expenses$23,615$0$0$23,615
Travel$13,432$0$8,503$21,935
Office Expenses$5,163$4,436$100$9,699
Information Technology$2,206$7,101-$9,307
Other Salaries and Wages$7,918$0$0$7,918
Insurance$0$7,320$0$7,320
Fees for Services Other-$4,375-$4,375
Interest$0$3,562$0$3,562
Total Functional Expenses$333,343$76,356$13,696$423,395
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$49,971
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 11B

“A draft of the 990 is sent to the board prior to submission all issues are cleared prior to submission”

Form 990, Part VI, Section B, Line 15

“Executive board reviews Agency head compensation while taking note of the compensation of other like kind and sized organizations”

Form 990, Part VI, Section C, Line 19

“Upon Request”

Filing and Contact Details

Filer

Filer Name
The 1881 Research Institute
EIN
47-3109062
Phone
5044326502
Address
1241 Carondelet St, New Orleans, LA 70130
Doing Business As
The 1881 Institute

Signing Officer

Name
Bahiy Watson
Title
Executive Director
Phone
4049311041
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bahiy Watson
Formed
2015
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
2

Preparer

Firm
Vgr CPA LLC
Address
1855 N Gayoso St, New Orleans, LA 70119-2154
Preparer
Victor Robinson
Phone
5044941902
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Other expenses”

Form 990, Part XI, Line 9

“Net asset adjustment”

Raw XML AppendixShowing 400 of 497 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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IRS990/OtherAssetsTotalGrp/BOYAmt015
IRS990/OtherAssetsTotalGrp/EOYAmt050337
IRS990/OtherChangesInNetAssetsAmt077179
IRS990/OtherExpensesGrp/Desc0Donations
IRS990/OtherExpensesGrp/Desc1Amortization Expense
IRS990/OtherExpensesGrp/Desc2Student Stipends and Scholarships
IRS990/OtherExpensesGrp/Desc3STEM Materials
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt043369
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt184010
IRS990/OtherExpensesGrp/ProgramServicesAmt2106525
IRS990/OtherExpensesGrp/ProgramServicesAmt323615
IRS990/OtherExpensesGrp/TotalAmt043369
IRS990/OtherExpensesGrp/TotalAmt184010
IRS990/OtherExpensesGrp/TotalAmt2106525
IRS990/OtherExpensesGrp/TotalAmt323615
IRS990/OtherLiabilitiesGrp/EOYAmt049971
IRS990/OtherRevenueTotalAmt01463
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07918
IRS990/OtherSalariesAndWagesGrp/TotalAmt07918
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Bahiy Watson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0261123
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020630
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0252082
IRS990/PYOtherRevenueAmt012003
IRS990/PYProgramServiceRevenueAmt034243
IRS990/PYRevenuesLessExpensesAmt023481
IRS990/PYSalariesCompEmpBnftPaidAmt011176
IRS990/PYTotalExpensesAmt0283888
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0307369
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05202
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0386906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0261123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0184416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0225705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0107636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01165786
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt040228
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt034243
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt021400
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt019174
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0115045
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01463
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012003
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt013572
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt045785
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011926
IRS990ScheduleA/OtherIncome170Grp/TotalAmt084749
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93794
IRS990ScheduleA/PublicSupportPY170Pct00.92129
IRS990ScheduleA/PublicSupportTotal170Amt01280831
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0427134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0295366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0205816
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0244879
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0107636
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01280831
IRS990ScheduleA/TotalSupportAmt01365580
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt050292
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right of use asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Asset
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt049971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease Liability
IRS990ScheduleD/TotalBookValueOtherAssetsAmt050337
IRS990ScheduleD/TotalLiabilityAmt049971
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the 990 is sent to the board prior to submission all issues are cleared prior to submission
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Executive board reviews Agency head compensation while taking note of the compensation of other like kind and sized organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon Request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Net asset adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e

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