Civic Intelligence

Greater New Orleans Development Foundation

990 • Fiscal year 2017 • EIN 72-1177207

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

1100 Poydras Street No 3475New Orleans, LA 70163

(504) 527-6900

Siviq Scores

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

Liabilities / Assets

61st percentile

0.18x

Higher debt load relative to assets than 61% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.21x

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

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

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

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

Top Officer Pay

99th percentile

$662,516

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 38.0% of source-year revenue.

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

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

39th percentile

0.6%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Down

$2,059,780

Down $615,663 (-23%) from 2016

Net Assets

Down

$1,695,360

Down $347,172 (-17%) from 2016

Liabilities

Down

$364,420

Down $268,491 (-42%) from 2016

Revenue

Up

$1,743,542

Up $10,597 (+0.6%) from 2016

Expenses

Up

$2,092,641

Up $310,932 (+17%) from 2016

Net Income

Down

-$349,099

Down $300,335 (-616%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,091,871Liabilities 2011: $638,097Net Assets 2011: $1,453,7742011Assets 2012: $2,503,726Liabilities 2012: $805,491Net Assets 2012: $1,698,2352012Assets 2013: $2,022,520Liabilities 2013: $483,664Net Assets 2013: $1,538,8562013Assets 2014: $1,896,780Liabilities 2014: $398,389Net Assets 2014: $1,498,3912014Assets 2015: $2,531,535Liabilities 2015: $439,610Net Assets 2015: $2,091,9252015Assets 2016: $2,675,443Liabilities 2016: $632,911Net Assets 2016: $2,042,5322016Assets 2017: $2,059,780Liabilities 2017: $364,420Net Assets 2017: $1,695,3602017Assets 2018: $2,302,814Liabilities 2018: $316,363Net Assets 2018: $1,986,4512018Assets 2019: $2,412,036Liabilities 2019: $474,995Net Assets 2019: $1,937,0412019Assets 2020: $2,735,632Liabilities 2020: $502,435Net Assets 2020: $2,233,1972020Assets 2021: $2,887,646Liabilities 2021: $523,399Net Assets 2021: $2,364,2472021Assets 2022: $2,647,279Liabilities 2022: $569,237Net Assets 2022: $2,078,0422022Assets 2023: $3,571,319Liabilities 2023: $1,431,529Net Assets 2023: $2,139,7902023Assets 2024: $3,970,691Liabilities 2024: $1,025,200Net Assets 2024: $2,945,4912024

Highlighted filing

2017

Assets$2,059,780
Liabilities$364,420
Net Assets$1,695,360

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,969,181Expenses 2011: $1,821,408Net Income 2011: $147,7732011Revenue 2012: $3,700,112Expenses 2012: $3,455,650Net Income 2012: $244,4622012Revenue 2013: $2,573,156Expenses 2013: $2,732,535Net Income 2013: -$159,3792013Revenue 2014: $2,449,385Expenses 2014: $2,489,850Net Income 2014: -$40,4652014Revenue 2015: $2,776,724Expenses 2015: $2,183,190Net Income 2015: $593,5342015Revenue 2016: $1,732,945Expenses 2016: $1,781,709Net Income 2016: -$48,7642016Revenue 2017: $1,743,542Expenses 2017: $2,092,641Net Income 2017: -$349,0992017Revenue 2018: $1,705,321Expenses 2018: $1,414,232Net Income 2018: $291,0892018Revenue 2019: $1,772,098Expenses 2019: $1,821,508Net Income 2019: -$49,4102019Revenue 2020: $2,122,126Expenses 2020: $1,825,970Net Income 2020: $296,1562020Revenue 2021: $2,426,633Expenses 2021: $2,295,583Net Income 2021: $131,0502021Revenue 2022: $2,831,617Expenses 2022: $3,117,822Net Income 2022: -$286,2052022Revenue 2023: $5,465,248Expenses 2023: $5,403,500Net Income 2023: $61,7482023Revenue 2024: $7,212,232Expenses 2024: $6,487,890Net Income 2024: $724,3422024

Highlighted filing

2017

Revenue$1,743,542
Expenses$2,092,641
Net Income-$349,099
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$1,743,542
Mission and Program Overview

Mission

To foster regional economic development and create quality jobs within the metropolitan new orleans area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,838,115$1,525,324▼ $312,791
Cash and Non-Interest-Bearing Accounts$673,303$441,489▼ $231,814
Accounts Receivable$164,025$92,967▼ $71,058
Total Assets$2,675,443$2,059,780▼ $615,663
Liabilities
Accounts Payable and Accrued Expenses$607,911$359,420▼ $248,491
Deferred Revenue$25,000$5,000▼ $20,000
Total Liabilities$632,911$364,420▼ $268,491
Net Assets / Fund Balance
Unrestricted Net Assets$820,064$1,018,581▲ $198,517
Temporarily Rstr Net Assets$1,222,468$676,779▼ $545,689
Total Net Assets Fund Balance$2,042,532$1,695,360▼ $347,172
Total Liabilities and Net Assets / Fund Balance$2,675,443$2,059,780▼ $615,663
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maura DonahueChairwoman
Tara HernandezChairwoman Elect
Michael HechtPresident & CEO
Chris KaneMember
Dale BenoitMember
James MoffettMember
Patricia LeblancMember
Suzanne MestayerMember
William HoffmanMember
Damon BurnsSecretary & Treasurer
Elaine GarveySecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,491,868
Program Service Revenue
$243,713
Investment Income
$7,961
Other Revenue
$0
All Other Contributions
$1,417,785
Change in Net Assets
$-349,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,324,910
Salaries, Compensation, and Employee Benefits$430,648
Grants and Similar Amounts Paid$337,083
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$702,372$350,159-$1,052,531
Other Salaries and Wages-$392,174-$392,174
Grants to Domestic Orgs$337,083--$337,083
Fees for Services Other$79,056--$79,056
Conferences and Meetings$46,119--$46,119
Travel$39,811--$39,811
Payroll Taxes-$27,694-$27,694
Insurance$210$26,575-$26,785
Advertising$18,981--$18,981
Office Expenses$15,220$3,261-$18,481
Pension Plan Contributions-$10,780-$10,780
Information Technology$3,285--$3,285
Fees for Services Accounting-$2,750-$2,750
Other Expenses$1,826$5,766-$1,826
All Other Expenses$400,755$-400,755--
Total Functional Expenses$1,661,559$431,082$0$2,092,641
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Orleans Regional Leadership InstituteNew Orleans, LA501(c)3Provide Support for Norli Leadership and Alumni Programming$279,000
Nola Business AllianceNew Orleans, LA501(c)3Provide Support for 504ward$33,083
New Orleans Technical Education ProviderNew Orleans, LA-Support for Twenty-four Students for Youth Force Nola Partner Schools in the Skilled Crafts Pilot.$15,000
New Frontier Innovation IncNew Orleans, LA-2017 Frontier Conference Support$10,000
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

An independent cpa prepares the form 990 and reviews it with the controller. The controller reviews form 990 with management and the board of directors.

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

Each year the organization reminds officers and directors to review the conflict of interest policy and report any conflicts.

Form 990, Part VI, Section B, Line 15

Compensation increases are based on annual performance reviews. Any changes in compensation are approved by the board of directors.

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
Greater New Orleans Development
EIN
72-1177207
Phone
5045276900
Address
1100 POYDRAS STREET NO 3475, NEW ORLEANS, LA 70163

Signing Officer

Name
Michael Hecht
Title
President & CEO
Phone
5045276900
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hecht
Formed
1913
Legal Domicile
La
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
10

Preparer

Firm
Wegmann Dazet & Company Apc
Address
111 VETERANS BLVD SUITE 800, METAIRIE, LA 70005
Preparer
Jonathan P Koenig
Phone
5048378844
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process used by the committee that assumes responsibility for the audit of its financial statements has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

Greater new orleans development foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. The foundation adopted the provisions of financial accounting standards board accounting standards codification (fasb asc) 740, accounting for uncertainty in income taxes. Management of greater new orleans development foundation believe there is no material uncertain tax position and, accordingly it will not recognize any liability for unrecognized tax benefits. With few exceptions, greater new orleans development foundation is not subject to united states federal or louisiana state income tax examinations by tax authorities beyond three years from the filing of those returns.

Raw XML AppendixShowing 400 of 526 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0607911
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0359420
IRS990/AccountsReceivableGrp/BOYAmt0164025
IRS990/AccountsReceivableGrp/EOYAmt092967
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt018981
IRS990/AdvertisingGrp/TotalAmt018981
IRS990/AllOtherContributionsAmt01417785
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-400755
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0400755
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEFF TEAGUE
IRS990/BooksInCareOfDetail/PhoneNum05045276900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01100 POYDRAS STREET SUITE 3475
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070163
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0673303
IRS990/CashNonInterestBearingGrp/EOYAmt0441489
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt046119
IRS990/ConferencesMeetingsGrp/TotalAmt046119
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01491868
IRS990/CYGrantsAndSimilarPaidAmt0337083
IRS990/CYInvestmentIncomeAmt07961
IRS990/CYOtherExpensesAmt01324910
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0243713
IRS990/CYRevenuesLessExpensesAmt0-349099
IRS990/CYSalariesCompEmpBnftPaidAmt0430648
IRS990/CYTotalExpensesAmt02092641
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01743542
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt025000
IRS990/DeferredRevenueGrp/EOYAmt05000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION ACTS AS A CATALYST FOR ECONOMIC GROWTH AND THE ENHANCEMENT OF QUALITY OF LIFE IN THE TEN PARISHES OF SOUTHEAST LOUISIANA. THE FOUNDATION HAS COLLABORATED WITH ITS DEVELOPMENT ALLIES THROUGHOUT THE REGION TO HELP PROVIDE AN ADEQUATE BASE OF NEW EMPLOYMENT THROUGH JOB INITIATIVES, TO IMPROVE THE QUALITY AND QUANTITY OF EMPLOYMENT THROUGH WORKFORCE DEVELOPMENT AND TO FOSTER ECONOMIC PLANNING AND DEVELOPMENT THROUGH PUBLIC AWARENESS AND COMMUNICATIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01661559
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02750
IRS990/FeesForServicesAccountingGrp/TotalAmt02750
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0350159
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0702372
IRS990/FeesForServicesManagementGrp/TotalAmt01052531
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt079056
IRS990/FeesForServicesOtherGrp/TotalAmt079056
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1027358
IRS990/Form990PartVIISectionAGrp/PersonNm0SUZANNE MESTAYER
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS KANE
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE BENOIT
IRS990/Form990PartVIISectionAGrp/PersonNm3DAMON BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA LEBLANC
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MAURA DONAHUE
IRS990/Form990PartVIISectionAGrp/PersonNm7ELAINE GARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES MOFFETT
IRS990/Form990PartVIISectionAGrp/PersonNm9TARA HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL HECHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
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/ReportableCompFromRltdOrgAmt10635158
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRWOMAN ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01913
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt074083
IRS990/GrantAmt0337083
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0337083
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0337083
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01743542
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03285
IRS990/InformationTechnologyGrp/TotalAmt03285
IRS990/InsuranceGrp/ManagementAndGeneralAmt026575
IRS990/InsuranceGrp/ProgramServicesAmt0210
IRS990/InsuranceGrp/TotalAmt026785
IRS990/InvestmentIncomeGrp/ExclusionAmt07961
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07961
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02042532
IRS990/NetAssetsOrFundBalancesEOYAmt01695360
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01927
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03261
IRS990/OfficeExpensesGrp/ProgramServicesAmt015220
IRS990/OfficeExpensesGrp/TotalAmt018481
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PARKING
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112633
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25766
IRS990/OtherExpensesGrp/ProgramServicesAmt016841
IRS990/OtherExpensesGrp/ProgramServicesAmt11826
IRS990/OtherExpensesGrp/TotalAmt016886
IRS990/OtherExpensesGrp/TotalAmt112633
IRS990/OtherExpensesGrp/TotalAmt25766
IRS990/OtherExpensesGrp/TotalAmt31826
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0392174
IRS990/OtherSalariesAndWagesGrp/TotalAmt0392174
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027694
IRS990/PayrollTaxesGrp/TotalAmt027694
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010780
IRS990/PensionPlanContributionsGrp/TotalAmt010780
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL HECHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2561499
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIP INCOME
IRS990/ProgramServiceRevenueGrp/Desc1NORLI
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0104755
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102864
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0104755
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102864
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236094
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01534009
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01840
IRS990/PYOtherExpensesAmt01269545
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0197096
IRS990/PYRevenuesLessExpensesAmt0-48764
IRS990/PYSalariesCompEmpBnftPaidAmt0512164
IRS990/PYTotalExpensesAmt01781709
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01732945
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-349099
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0243713
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01838115
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01525324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01491868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01534009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02577906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02115492
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02269788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09989063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07961
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01840
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02250
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014615
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01272074
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58380
IRS990ScheduleA/PublicSupportPY170Pct00.64580
IRS990ScheduleA/PublicSupportTotal170Amt05839959
IRS990ScheduleA/SubstantialContributorsTotAmt04149104
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01491868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01534009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02577906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02115492
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02269788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09989063
IRS990ScheduleA/TotalSupportAmt010003678
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GREATER NEW ORLEANS DEVELOPMENT FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC) 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT OF GREATER NEW ORLEANS DEVELOPMENT FOUNDATION BELIEVE THERE IS NO MATERIAL UNCERTAIN TAX POSITION AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. WITH FEW EXCEPTIONS, GREATER NEW ORLEANS DEVELOPMENT FOUNDATION IS NOT SUBJECT TO UNITED STATES FEDERAL OR LOUISIANA STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES BEYOND THREE YEARS FROM THE FILING OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0279000
IRS990ScheduleI/RecipientTable/CashGrantAmt133083
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE SUPPORT FOR NORLI LEADERSHIP AND ALUMNI PROGRAMMING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROVIDE SUPPORT FOR 504WARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22017 FRONTIER CONFERENCE SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SUPPORT FOR TWENTY-FOUR STUDENTS FOR YOUTH FORCE NOLA PARTNER SCHOOLS IN THE SKILLED CRAFTS PILOT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW ORLEANS REGIONAL LEADERSHIP INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NOLA BUSINESS ALLIANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NEW FRONTIER INNOVATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3NEW ORLEANS TECHNICAL EDUCATION PROVIDER
IRS990ScheduleI/RecipientTable/RecipientEIN0821961154
IRS990ScheduleI/RecipientTable/RecipientEIN1273654312
IRS990ScheduleI/RecipientTable/RecipientEIN2814882161
IRS990ScheduleI/RecipientTable/RecipientEIN3812266071
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01100 POYDRAS STREET SUITE 3475
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1935 GRAVIER STREET SUITE 2020
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21783 COLISEUM STREET K
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3130 TUDOR AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070163
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd170112
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd270130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd370123
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd01
IRS990ScheduleJ/RebuttablePresumptionProcInd01
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0137500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0488208
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt09450
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL HECHT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0662516
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CEO AND PRESIDENT OF THE ORGANIZATION, MICHAEL HECHT, HAS AN EMPLOYMENT CONTRACT WITH THE RELATED ORGANIZATION, GREATER NEW ORLEANS, INC. HIS BASE SALARY WAS APPROVED IN ADVANCE BY THE ORGANIZATION'S GOVERNING BODY THAT IS COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE ARRANGEMENT. THE GOVERNING BODY RELIED ON APPROPRIATE COMPARABLE DATA WHEN APPROVING THE COMPENSATION AND THE GOVERNING BODY ADEQUATELY DOCUMENTED ITS ACTIONS AT THE TIME. IN ADDITION, THE CONTRACT PROVIDES THAT HE HAS THE OPPORTUNITY FOR A BONUS AT THE DISCRETION OF THE BOARD OF DIRECTORS. WHEN DETERMINING THE AMOUNT OF THE BONUS, THE BOARD OF DIRECTORS TAKES INTO ACCOUNT HIS ACCOMPLISHMENTS THROUGHOUT THE YEAR AND RELIES ON APPROPRIATE COMPARABLE DATA. THE BOARD OF DIRECTORS IS COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE ARRANGEMENT AND THEY ADEQUATELY DOCUMENT THEIR ACTIONS AT THE TIME.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 8
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN INDEPENDENT CPA PREPARES THE FORM 990 AND REVIEWS IT WITH THE CONTROLLER. THE CONTROLLER REVIEWS FORM 990 WITH MANAGEMENT AND THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR THE ORGANIZATION REMINDS OFFICERS AND DIRECTORS TO REVIEW THE CONFLICT OF INTEREST POLICY AND REPORT ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION INCREASES ARE BASED ON ANNUAL PERFORMANCE REVIEWS. ANY CHANGES IN COMPENSATION ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS USED BY THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.03$2.95$7.21$6.49$0.72
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$1.43$2.14$5.47$5.40$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.57$2.08$2.83$3.12$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.52$2.36$2.43$2.30$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.50$2.23$2.12$1.83$0.30
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.47$1.94$1.77$1.82$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.32$1.99$1.71$1.41$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.06$0.36$1.70$1.74$2.09$0.35
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.63$2.04$1.73$1.78$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.53$0.44$2.09$2.78$2.18$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.40$1.50$2.45$2.49$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.02$0.48$1.54$2.57$2.73$0.16
2012Summary only. Only limited summary data is available for this year.$2.50$0.81$1.70$3.70$3.46$0.24
2011Summary only. Only limited summary data is available for this year.$2.09$0.64$1.45$1.97$1.82$0.15