Civic Intelligence

Central La Economic Development Alliance (Formerly Cenla Advantage Partnership)

990 • Fiscal year 2017 • EIN 65-1267691

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 22, 2018

P O Box 465Alexandria, LA 71309

(318) 441-3400

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

28th percentile

-4.6%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$176,185

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-25%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,128,563

Down $223,816 (-17%) from 2016

Net Assets

Down

$1,106,928

Down $46,096 (-4.0%) from 2016

Liabilities

Down

$21,635

Down $177,720 (-89%) from 2016

Revenue

Down

$1,548,890

Down $514,070 (-25%) from 2016

Expenses

Down

$1,620,753

Down $128,834 (-7.4%) from 2016

Net Income

Down

-$71,863

Down $385,236 (-123%) from 2016

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: $69,018Liabilities 2010: $29,951Net Assets 2010: $39,0672010Assets 2011: $654,282Liabilities 2011: $162,451Net Assets 2011: $491,8312011Assets 2012: $707,995Liabilities 2012: $73,104Net Assets 2012: $634,8912012Assets 2013: $789,426Liabilities 2013: $55,957Net Assets 2013: $733,4692013Assets 2014: $788,885Liabilities 2014: $204,074Net Assets 2014: $584,8112014Assets 2015: $895,986Liabilities 2015: $56,335Net Assets 2015: $839,6512015Assets 2016: $1,352,379Liabilities 2016: $199,355Net Assets 2016: $1,153,0242016Assets 2017: $1,128,563Liabilities 2017: $21,635Net Assets 2017: $1,106,9282017Assets 2018: $1,293,303Liabilities 2018: $231,145Net Assets 2018: $1,062,1582018Assets 2019: $1,369,330Liabilities 2019: $295,352Net Assets 2019: $1,073,9782019Assets 2020: $1,118,238Liabilities 2020: $48,397Net Assets 2020: $1,069,8412020Assets 2021: $1,099,569Liabilities 2021: $36,631Net Assets 2021: $1,062,9382021Assets 2022: $1,463,683Liabilities 2022: $179,628Net Assets 2022: $1,284,0552022Assets 2023: $1,465,764Liabilities 2023: $248,988Net Assets 2023: $1,216,7762023Assets 2024: $1,438,603Liabilities 2024: $60,330Net Assets 2024: $1,378,2732024

Highlighted filing

2017

Assets$1,128,563
Liabilities$21,635
Net Assets$1,106,928

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $665,408Expenses 2010: $940,393Net Income 2010: -$274,9852010Revenue 2011: $1,663,244Expenses 2011: $1,210,015Net Income 2011: $453,2292011Expenses 2012: $1,715,0922012Revenue 2013: $1,932,342Expenses 2013: $1,833,764Net Income 2013: $98,5782013Revenue 2014: $1,448,750Expenses 2014: $1,597,408Net Income 2014: -$148,6582014Revenue 2015: $2,018,719Expenses 2015: $1,763,879Net Income 2015: $254,8402015Revenue 2016: $2,062,960Expenses 2016: $1,749,587Net Income 2016: $313,3732016Revenue 2017: $1,548,890Expenses 2017: $1,620,753Net Income 2017: -$71,8632017Revenue 2018: $1,868,452Expenses 2018: $1,913,222Net Income 2018: -$44,7702018Revenue 2019: $1,847,256Expenses 2019: $1,835,436Net Income 2019: $11,8202019Revenue 2020: $1,605,562Expenses 2020: $1,609,696Net Income 2020: -$4,1342020Revenue 2021: $1,697,073Expenses 2021: $1,703,976Net Income 2021: -$6,9032021Revenue 2022: $2,175,065Expenses 2022: $1,953,948Net Income 2022: $221,1172022Revenue 2023: $2,135,545Expenses 2023: $2,202,826Net Income 2023: -$67,2812023Revenue 2024: $2,892,665Expenses 2024: $2,731,168Net Income 2024: $161,4972024

Highlighted filing

2017

Revenue$1,548,890
Expenses$1,620,753
Net Income-$71,863
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 22, 2018
Return Version
2017v2.2
Gross Receipts
$1,548,890
Mission and Program Overview

Mission

The mission of cleda is to advance the knowledge and understanding of economics and to develop economic planning and development that would bring about improved efficiency, development, and acceleration of both the quality and quantity of economic growth and employment opportunities.

Economic planning and development activities to provide both quality and quantity of economic growth and employment opportunities in the central louisiana region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$814,534$734,791▼ $79,743
Accounts Receivable$498,324$354,942▼ $143,382
Land, Buildings, and Equipment, Net$39,234$34,064▼ $5,170
Prepaid Expenses and Deferred Charges-$4,479-
Cash and Non-Interest-Bearing Accounts$287$287→ $0
Total Assets$1,352,379$1,128,563▼ $223,816
Liabilities
Accounts Payable and Accrued Expenses$199,355$21,635▼ $177,720
Total Liabilities$199,355$21,635▼ $177,720
Net Assets / Fund Balance
Unrestricted Net Assets$1,153,024$1,106,928▼ $46,096
Total Net Assets Fund Balance$1,153,024$1,106,928▼ $46,096
Total Liabilities and Net Assets / Fund Balance$1,352,379$1,128,563▼ $223,816

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,064$45,412$79,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jim ClintonPresident and CEOFT$176,185$176,185

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,545,849
Program Service Revenue
$0
Investment Income
$3,041
Other Revenue
$0
All Other Contributions
$1,512,825
Change in Net Assets
$-71,863

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,548,890
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,548,890
Total Revenue per Form 990
$1,548,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$989,772
Other Expenses$630,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$417,809$168,593-$586,402
Current Officers, Directors, Trustees, and Key Employees$125,531$50,654-$176,185
Other Employee Benefits$122,468$49,416-$171,884
Office Expenses$19,011$69,365-$88,376
Occupancy$4,800$59,792-$64,592
Payroll Taxes$39,402$15,899-$55,301
Conferences and Meetings$11,482$15,199-$26,681
Fees for Services Other$11,030$15,624-$26,654
Travel$11,702$1,541-$13,243
Depreciation Depletion-$9,775-$9,775
Other Expenses$2,020$5,550-$7,570
Advertising$150--$150
Total Functional Expenses$1,159,345$461,408$0$1,620,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,620,753
Total Expenses per Audited Statements$1,620,753
Total Expenses per Form 990$1,620,753
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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 A, Line 6

The organization has members that consist of the same individuals as the board of directors who elect directors.

Form 990, Part VI, Section A, Line 7A

The organization has members that consist of the same individuals as the board of directors who elect directors.

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

A copy of form 990 is provided to each member of the board of directors for review prior to the board meeting. A presentation is made at the board meeting and answers are provided to all questions.

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

Each executive committee member, director, officer and member of a committee with board delegated powers shall upon accepting the position and annually thereafter sign a statement which affirms that such person has received a copy of the conflict of interest policy; has read and understands the policy; has agreed to comply with the policy; and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, Line 15

Done by the executive committee

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Central Louisiana Economic Development
EIN
65-1267691
Phone
3184413400
Address
P O BOX 465, ALEXANDRIA, LA 71309

Signing Officer

Name
James Clinton
Title
President & CEO
Phone
3184413400
Signed
2018-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Clinton
Formed
2007
Legal Domicile
La
Voting Board Members
58
Independent Board Members
57
Employees
13
Volunteers
0

Preparer

Firm
Payne Moore & Herrington Llp
Address
PO BOX 13200, ALEXANDRIA, LA 71315-3200
Preparer
Cindy Humphries
Phone
3184431893
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The auditor is selected by the board of directors.

Raw XML AppendixShowing 400 of 762 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/ActivityOrMissionDesc0ECONOMIC PLANNING AND DEVELOPMENT ACTIVITIES TO PROVIDE BOTH QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES IN THE CENTRAL LOUISIANA REGION.
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IRS990/Form990PartVIISectionAGrp/PersonNm4DALLAS HIXSON
IRS990/Form990PartVIISectionAGrp/PersonNm5BRYAN BOSSIER
IRS990/Form990PartVIISectionAGrp/PersonNm6ROD NOLES
IRS990/Form990PartVIISectionAGrp/PersonNm7EUGENE SCRIBER
IRS990/Form990PartVIISectionAGrp/PersonNm8TEDDY RAY PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm10ROY O MARTIN III
IRS990/Form990PartVIISectionAGrp/PersonNm11JACK STEHR
IRS990/Form990PartVIISectionAGrp/PersonNm12ODAY LAVERGNE
IRS990/Form990PartVIISectionAGrp/PersonNm13ROB RATCLIFF
IRS990/Form990PartVIISectionAGrp/PersonNm14THOMAS DAVID
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm16CHARLIE WEEMS
IRS990/Form990PartVIISectionAGrp/PersonNm17FOSTER WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm18SIBAL HOLT
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM ELLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm20SAM MAHFOUZ
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN TUDOR
IRS990/Form990PartVIISectionAGrp/PersonNm22VALERIE AYMOND
IRS990/Form990PartVIISectionAGrp/PersonNm23DONNA BYRNE
IRS990/Form990PartVIISectionAGrp/PersonNm24GREG O'QUIN
IRS990/Form990PartVIISectionAGrp/PersonNm25DOUG GODARD
IRS990/Form990PartVIISectionAGrp/PersonNm26GLENDA STOCK
IRS990/Form990PartVIISectionAGrp/PersonNm27PATRICK MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm28CAROLINE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm29KERMIT PHARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm30MURPHY MCMILLAN
IRS990/Form990PartVIISectionAGrp/PersonNm31PAT BORDELON
IRS990/Form990PartVIISectionAGrp/PersonNm32LEE POSEY
IRS990/Form990PartVIISectionAGrp/PersonNm33MIKE REESE
IRS990/Form990PartVIISectionAGrp/PersonNm34RICHARD HEARD
IRS990/Form990PartVIISectionAGrp/PersonNm35MIKE ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm36JERRY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm37CLARENCE FIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm38JACQUES ROY
IRS990/Form990PartVIISectionAGrp/PersonNm39JOYCE RAX
IRS990/Form990PartVIISectionAGrp/PersonNm40RICK NOWLIN
IRS990/Form990PartVIISectionAGrp/PersonNm41DAVID BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm42KIAH BEVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm43ALMA MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm44FRANK JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm45JOSHUA JOY DARA
IRS990/Form990PartVIISectionAGrp/PersonNm46DEBORAH RANDOLPH
IRS990/Form990PartVIISectionAGrp/PersonNm47LARRY TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm48AMANDA HATTEN EDGE
IRS990/Form990PartVIISectionAGrp/PersonNm49NANCY HELLYER
IRS990/Form990PartVIISectionAGrp/PersonNm50TERRY JARRET
IRS990/Form990PartVIISectionAGrp/PersonNm51JEFFREY BAUDLER
IRS990/Form990PartVIISectionAGrp/PersonNm52COLIN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm53DON FOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm54JIM CLINTON
IRS990/Form990PartVIISectionAGrp/PersonNm55BLAKE CHATELAIN
IRS990/Form990PartVIISectionAGrp/PersonNm56ROBERT HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm57JACKIE DAENEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt330
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.06$1.38$2.89$2.73$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.25$1.22$2.14$2.20$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.18$1.28$2.18$1.95$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.04$1.06$1.70$1.70$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.05$1.07$1.61$1.61$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.30$1.07$1.85$1.84$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.23$1.06$1.87$1.91$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$1.55$1.62$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.20$1.15$2.06$1.75$0.31
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.06$0.84$2.02$1.76$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.20$0.58$1.45$1.60$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.06$0.73$1.93$1.83$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.07$0.63$1.72
2011Summary only. Only limited summary data is available for this year.$0.65$0.16$0.49$1.66$1.21$0.45
2010Summary only. Only limited summary data is available for this year.$0.07$0.03$0.04$0.67$0.94$0.27