Civic Intelligence

Delgado Community College Foundation

EIN 72-1123204 • 501(c)3 • New Orleans, LA

Profile

The mission of the foundation is to develop private financial resources for the college. These resources are used to promote and enhance educational program, fund scholarships and to seek external revenues, private philanthropic investment and advocacy support as supporting funds for the college.

501 City Park AvenueNew Orleans, LA 70119-4399

www.dcc.edu

Siviq Scores

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

Liabilities / Assets

65th percentile

0.26x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.36x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

56th percentile

7.5%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

-1.8%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$5,459,534

Down $3,257,472 (-37%) from 2024

Liabilities

Down

$1,256,108

Down $219,300 (-15%) from 2024

Net Assets

Down

$4,203,426

Down $3,038,172 (-42%) from 2024

Revenue

Down

$1,132,537

Down $1,717,286 (-60%) from 2024

Expenses

Up

$4,292,032

Up $1,823,836 (+74%) from 2024

Net Income

Down

-$3,159,495

Down $3,541,122 (-928%) from 2024

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $5,969,707Liabilities 2010: $4,027,480Net Assets 2010: $1,942,2272010Assets 2011: $6,176,950Liabilities 2011: $3,912,698Net Assets 2011: $2,264,2522011Assets 2012: $6,370,440Liabilities 2012: $4,027,287Net Assets 2012: $2,343,1532012Assets 2013: $6,418,012Liabilities 2013: $3,838,871Net Assets 2013: $2,579,1412013Assets 2014: $16,515,236Liabilities 2014: $13,507,514Net Assets 2014: $3,007,7222014Assets 2015: $16,129,596Liabilities 2015: $12,733,066Net Assets 2015: $3,396,5302015Assets 2016: $15,566,922Liabilities 2016: $12,182,279Net Assets 2016: $3,384,6432016Assets 2017: $14,878,512Liabilities 2017: $11,219,959Net Assets 2017: $3,658,5532017Assets 2018: $14,415,432Liabilities 2018: $10,548,890Net Assets 2018: $3,866,5422018Assets 2019: $10,874,671Liabilities 2019: $6,893,394Net Assets 2019: $3,981,2772019Assets 2020: $10,962,003Liabilities 2020: $5,889,817Net Assets 2020: $5,072,1862020Assets 2021: $11,201,133Liabilities 2021: $5,103,654Net Assets 2021: $6,097,4792021Assets 2022: $9,574,933Liabilities 2022: $3,334,507Net Assets 2022: $6,240,4262022Assets 2023: $9,403,874Liabilities 2023: $2,458,265Net Assets 2023: $6,945,6092023Assets 2024: $8,717,006Liabilities 2024: $1,475,408Net Assets 2024: $7,241,5982024Assets 2025: $5,459,534Liabilities 2025: $1,256,108Net Assets 2025: $4,203,4262025

Highlighted filing

2025

Assets$5,459,534
Liabilities$1,256,108
Net Assets$4,203,426

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $407,4882010Expenses 2011: $416,0162011Expenses 2012: $716,0332012Expenses 2013: $383,6262013Revenue 2014: $1,076,397Expenses 2014: $783,002Net Income 2014: $293,3952014Revenue 2015: $1,373,805Expenses 2015: $940,696Net Income 2015: $433,1092015Revenue 2016: $1,421,082Expenses 2016: $1,413,736Net Income 2016: $7,3462016Revenue 2017: $1,475,441Expenses 2017: $1,366,600Net Income 2017: $108,8412017Revenue 2018: $1,699,354Expenses 2018: $1,586,982Net Income 2018: $112,3722018Revenue 2019: $3,905,989Expenses 2019: $3,847,762Net Income 2019: $58,2272019Revenue 2020: $2,468,355Expenses 2020: $1,422,264Net Income 2020: $1,046,0912020Revenue 2021: $1,545,587Expenses 2021: $982,612Net Income 2021: $562,9752021Revenue 2022: $8,082,347Expenses 2022: $7,074,039Net Income 2022: $1,008,3082022Revenue 2023: $6,914,122Expenses 2023: $6,395,127Net Income 2023: $518,9952023Revenue 2024: $2,849,823Expenses 2024: $2,468,196Net Income 2024: $381,6272024Revenue 2025: $1,132,537Expenses 2025: $4,292,032Net Income 2025: -$3,159,4952025

Highlighted filing

2025

Revenue$1,132,537
Expenses$4,292,032
Net Income-$3,159,495

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.46$1.26$4.20$1.13$4.29$3.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$1.48$7.24$2.85$2.47$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.40$2.46$6.95$6.91$6.40$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.57$3.33$6.24$8.08$7.07$1.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$5.10$6.10$1.55$0.98$0.56
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$5.89$5.07$2.47$1.42$1.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$6.89$3.98$3.91$3.85$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$10.5$3.87$1.70$1.59$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$11.2$3.66$1.48$1.37$0.11
2016Detailed filing. Detailed filing data is available for this year.$15.6$12.2$3.38$1.42$1.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$16.1$12.7$3.40$1.37$0.94$0.43
2014Detailed filing. Detailed filing data is available for this year.$16.5$13.5$3.01$1.08$0.78$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.42$3.84$2.58$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$4.03$2.34$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$3.91$2.26$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.97$4.03$1.94$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 23, 2026
Return Version
2024v5.5
Gross Receipts
$1,236,729
Mission and Program Overview

Mission

The mission of the foundation is to develop private financial resources for the college. These resources are used to promote and enhance educational program, fund scholarships and to seek external revenues, private philanthropic investment and advocacy support as supporting funds for the college.

The mission of the foundation is to develop private financial resources for the college. These resources are used to promote and enhance educational programs, fund scholarships, and to seek external revenues, private philanthropic and advocacy supporting funds for the college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,622,006$3,197,938▼ $424,068
Savings and Temporary Cash Investments$1,436,842$1,193,082▼ $243,760
Cash and Non-Interest-Bearing Accounts$109,743$122,940▲ $13,197
Prepaid Expenses and Deferred Charges$19,145$7,995▼ $11,150
Total Assets$8,717,006$5,459,534▼ $3,257,472
Other Assets Total$3,529,270$937,579▼ $2,591,691
Liabilities
Tax Exempt Bond Liabilities$1,392,303$1,199,038▼ $193,265
Accounts Payable and Accrued Expenses$51,917$51,580▼ $337
Other Liabilities$31,188$5,490▼ $25,698
Total Liabilities$1,475,408$1,256,108▼ $219,300
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,633,982$3,601,007▼ $32,975
Net Assets Without Donor Restrictions$3,607,616$602,419▼ $3,005,197
Total Net Assets Fund Balance$7,241,598$4,203,426▼ $3,038,172
Total Liabilities and Net Assets / Fund Balance$8,717,006$5,459,534▼ $3,257,472

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$937,579--
Other Securities$1,595,677--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$216,005-▲ $21,005-$237,010
2023$202,785-▲ $13,220-$216,005
2022$190,042-▲ $12,743-$202,785
2021$166,512$48,912▼ $25,382-$190,042
2020$132,729-▲ $33,783-$166,512
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nita Hutter MeinsExecutive DirectorPT$75,829-$75,829
Ronald RussoFoundation AccountantPT$15,813$3,727$19,540
Revenue and Support

Revenue Composition

Contributions and Grants
$955,069
Program Service Revenue
$0
Investment Income
$162,709
Other Revenue
$14,759
All Other Contributions
$737,589
Change in Net Assets
$-3,159,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,132,537
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$121,323
Total Revenue per Audited Statements
$1,253,860
Total Revenue per Form 990
$1,132,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,821,442
Other Expenses$372,908
Salaries, Compensation, and Employee Benefits$97,682
Total Fundraising Expense$29,168
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,476,411--$3,476,411
Grants to Domestic Individuals$345,031--$345,031
Other Expenses-$183,901-$183,901
Current Officers, Directors, Trustees, and Key Employees$2,417$74,781$20,484$97,682
Interest$58,358--$58,358
Travel-$46,413-$46,413
Fees for Services Other$1,025$31,702$8,684$41,411
Fees for Services Accounting-$32,900-$32,900
Insurance-$5,920-$5,920
Office Expenses-$4,005-$4,005
Total Functional Expenses$3,883,242$379,622$29,168$4,292,032

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,292,032
Total Expenses per Audited Statements$4,292,032
Total Expenses per Form 990$4,292,032
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Delgado Community CollegeNew Orleans, LA501(c)(3)Support of Athletic Program$0
Delgado Community CollegeNew Orleans, LA501(c)(3)Support of Navy Training$0
Delgado Community CollegeNew Orleans, LA501(c)(3)Support of Departments and College$0
Delgado Community CollegeNew Orleans, LA501(c)(3)Construction of Delgado Baseball Stadium$0
Delgado Community CollegeNew Orleans, LA501(c)(3)Support of La Healthcare Connections Partnership$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$104,192
Fundraising Gross Income$43,603
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Roast of the Town$165,833$34,513$6,460$28,053
Building Futures Luncheon$95,250$9,090$1,845$7,245
Total Events$261,083$43,603$104,192$-60,589
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Delgado Community College, Net$5,490
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 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
No
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

Form 990 is reviewed by foundation accountant and signed by the chairman of the board.

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

Each officer and director is required to annually complete a conflict of interest document. The foundation accountant will review the policy yearly and all board members will sign the dccf conflicts disclosure form.

Form 990, Part VI, Section C, Line 18

Foundation accountant will provide upon request.

Form 990, Part VI, Section C, Line 19

Foundation accountant retains the financial statements and will either e-mail or mail them upon request. The audited financial statements are submitted to the louisiana legislative auditor, and are available on its web site. Executive director holds governing documents and will either e-mail or mail those documents upon request.

Filing and Contact Details

Filer

Filer Name
Delgado Community College Foundation
EIN
72-1123204
Phone
5044834066
Address
501 CITY PARK AVENUE, NEW ORLEANS, LA 70119-4399

Signing Officer

Name
Leon L Giorgio Jr
Title
Chairman
Phone
5044834066
Signed
2026-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leon L Giorgio Jr
Formed
1988
Legal Domicile
La
Voting Board Members
22
Independent Board Members
22
Employees
1
Volunteers
0

Preparer

Firm
Eag Gulf Coast LLC
Address
ONE GALLERIA BLVD SUITE 2100, METAIRIE, LA 70001
Preparer
Sharon Cassiere
Phone
5048375990
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from the prior year.

Financial Statement Notes

PART V, LINE 4:

Adopt-a-prof - donor restricted for future professorship; overture - donor restricted for cultural scholarship.

PART X, LINE 2:

The foundation is a not-for-profit foundation that is exempt from income taxes under section 501(c) (3) of the internal revenue code. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the foundation may recognize the tax benefit from an uncertain 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 foundation and various positions related to the potential sources of unrelated business taxable income (ubti). The foundation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 720 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/Form990PartVIISectionAGrp/PersonNm7MICHAEL JOSEPH MAENZA
IRS990/Form990PartVIISectionAGrp/PersonNm8RONALD H BORDELON
IRS990/Form990PartVIISectionAGrp/PersonNm9SAMIR MOWAD
IRS990/Form990PartVIISectionAGrp/PersonNm10SHELBY P LASALLE JR
IRS990/Form990PartVIISectionAGrp/PersonNm11TRACEY SCHIRO
IRS990/Form990PartVIISectionAGrp/PersonNm12WALTER J LEGER JR ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm13WAYNE FONTANA ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM M LEMOINE
IRS990/Form990PartVIISectionAGrp/PersonNm15TODD P TROSCLAIR SR
IRS990/Form990PartVIISectionAGrp/PersonNm16JW BILL GIARDINA
IRS990/Form990PartVIISectionAGrp/PersonNm17PETER FOS
IRS990/Form990PartVIISectionAGrp/PersonNm18WAYNE SKINNER
IRS990/Form990PartVIISectionAGrp/PersonNm19KYLE MARTIN FRANCE
IRS990/Form990PartVIISectionAGrp/PersonNm20ROLAND RONNIE LANCON
IRS990/Form990PartVIISectionAGrp/PersonNm21MELVIN RODRIGUE
IRS990/Form990PartVIISectionAGrp/PersonNm22NITA HUTTER MEINS
IRS990/Form990PartVIISectionAGrp/PersonNm23RONALD RUSSO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23FOUNDATION ACCOUNTANT
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IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/PrincipalOfficerNm0LEON L GIORGIO JR
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED SCHOLARSHIPS TO WORTHY STUDENTS AT DELGADO COMMUNITY COLLEGE INCLUDING GAP AND OTHER SCHOLARSHIPS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0LOUISIANA HEALTHCARE CONNECTIONS PARTNERSHIP: PART OF ITS ONGOING EFFORTS TO CREATE HEALTH EQUITY, LOUISIANA HEALTHCARE CONNECTIONS AWARDED DELGADO FUNDS TO FOCUS ON ELIMINATING HEALTH DISPARITIES AND ESTABLISH A MORE INCLUSIVE, REPRESENTATIVE HEALTHCARE SYSTEM. IT IS A THREE-YEAR COMMITMENT TO ENHANCE CURRICULUM FOR STUDENTS AND TO SERVE AS A PIPELINE FOR MUCH-NEEDED, SKILLED HEALTH WORKERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0100000
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED FUNDS FOR THE DELGADO COMMUNITY COLLEGE STUDENT ATHLETIC PROGRAMS FOR MAINTENANCE OF AND IMPROVEMENTS TO THE KIRSCH-ROONEY BASEBALL STADIUM.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1PROVIDED OPERATING CAPITAL FUNDS TO DELGADO COMMUNITY COLLEGE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2PROMOTED THE EDUCATIONAL AND CULTURAL WELFARE OF DELGADO COMMUNITY COLLEGE BY ON-GOING CONSTRUCTION OF THE STUDENT LIFE CENTER ON DELGADO'S CAMPUS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES.
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1117541
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt258358
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt075348
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt074707

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