Civic Intelligence

Greater New Orleans Development Foundation

990 • Fiscal year 2021 • EIN 72-1177207

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

Organization ProfileWWW.GNOINC.ORG
1100 Poydras Street 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

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.22x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.4%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

99th percentile

$739,241

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 30.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

42nd percentile

5.6%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

14%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$2,887,646

Up $152,014 (+5.6%) from 2020

Net Assets

Up

$2,364,247

Up $131,050 (+5.9%) from 2020

Liabilities

Up

$523,399

Up $20,964 (+4.2%) from 2020

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin37th percentile

Revenue

Up

$2,426,633

Up $304,507 (+14%) from 2020

Expenses

Up

$2,295,583

Up $469,613 (+26%) from 2020

Net Income

Down

$131,050

Down $165,106 (-56%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

2021

Assets$2,887,646
Liabilities$523,399
Net Assets$2,364,247
Open 2021 Filing

Operations Trend

Revenue Growth52nd percentile

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

2021

Revenue$2,426,633
Expenses$2,295,583
Net Income$131,050
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.2
Gross Receipts
$2,426,633
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
Investments in Publicly Traded Securities-$1,057,410-
Accounts Receivable$242,929$656,387▲ $413,458
Cash and Non-Interest-Bearing Accounts$571,598$600,431▲ $28,833
Savings and Temporary Cash Investments$1,921,105$573,418▼ $1,347,687
Total Assets$2,735,632$2,887,646▲ $152,014
Liabilities
Accounts Payable and Accrued Expenses$355,007$513,899▲ $158,892
Deferred Revenue$147,428$9,500▼ $137,928
Total Liabilities$502,435$523,399▲ $20,964
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,836,939$1,939,765▲ $102,826
Net Assets With Donor Restrictions$396,258$424,482▲ $28,224
Total Net Assets Fund Balance$2,233,197$2,364,247▲ $131,050
Total Liabilities and Net Assets / Fund Balance$2,735,632$2,887,646▲ $152,014
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Guy WilliamsChairman
Gay Le BretonChairwoman Elect
Michael HechtPresident & CEO
Bryan HodnettMember
Dale BenoitMember
James MoffettMember
Maura DonahueMember
Patricia LeblancMember
Paul MatthewsMember
Philip GunnMember
Tara HernandezMember
Tommy FaucheuxMember
William HoffmanMember
Elaine GarveySecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,151,927
Program Service Revenue
$214,415
Investment Income
$60,291
Other Revenue
$0
All Other Contributions
$1,717,649
Change in Net Assets
$131,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,756,492
Salaries, Compensation, and Employee Benefits$482,591
Grants and Similar Amounts Paid$56,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,080,136$230,323-$1,310,459
Other Salaries and Wages-$419,093-$419,093
Fees for Services Other$158,616$6,379-$164,995
Information Technology$68,885--$68,885
Grants to Domestic Orgs$32,500--$32,500
Payroll Taxes-$29,932-$29,932
Other Employee Benefits-$24,379-$24,379
Grants to Domestic Individuals$24,000--$24,000
Conferences and Meetings$17,366--$17,366
Other Expenses$15,209$12,530-$12,530
Pension Plan Contributions-$9,187-$9,187
Office Expenses$4,145$3,260-$7,405
Travel$5,385$1,703-$7,088
Advertising$6,000--$6,000
Fees for Services Accounting-$2,900-$2,900
Fees for Services Legal$163--$163
All Other Expenses$603,144$-602,986-$158
Total Functional Expenses$2,095,449$200,134$0$2,295,583
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Propeller a Force for Social InnovationNew Orleans, LA501(c)(3)Usda Gno Food and Beverage Entrepreneur Ecosystem Grant - 1st Installment$12,500
Corporate Internship Leadership InstituteNew Orleans, LA501(c)(3)Rosamary Foundation Subgrant Award for Corporate Internship Leadership Institute (cili). Cili Is Dedicated to Cultivating Excellence in All Students Enrolled in 4-year or Graduate Programs by Connecting Them to Paid Internships Which Provides a Qualified Experience Exchange With Skill-building and Competency Development Rooted in the Future Success of the New Orleans Region and Louisiana to Transform and Facilitate Economic Growth by and for Its Own People.$10,000
Lower 9th Ward CsedNew Orleans, LA501(c)(3)PROGRAM FUNDING TO SUPPORT CSED'S COASTAL RESTORATION SUMMER WORKSHOPS IN LOWER 9TH WARD$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 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
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 senior vice-president of finance and administration. The senior vice-president of finance and administration 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 3475, NEW ORLEANS, LA 70163

Signing Officer

Name
Michael Hecht
Title
President & CEO
Phone
5045276900
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hecht
Formed
1913
Legal Domicile
La
Voting Board Members
14
Independent Board Members
13
Employees
12
Volunteers
14

Preparer

Firm
Wegmann Dazet 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 560 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/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt068885
IRS990/InformationTechnologyGrp/TotalAmt068885
IRS990/InvestmentIncomeGrp/ExclusionAmt02881
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02881
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01057410
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/NetAssetsOrFundBalancesBOYAmt02233197
IRS990/NetAssetsOrFundBalancesEOYAmt02364247
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt057410
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt057410
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01836939
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01939765
IRS990/NoncashContributionsAmt019035
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03260
IRS990/OfficeExpensesGrp/ProgramServicesAmt04145
IRS990/OfficeExpensesGrp/TotalAmt07405
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024379
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024379
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3PARKING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt142000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25184
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt312530
IRS990/OtherExpensesGrp/ProgramServicesAmt079900
IRS990/OtherExpensesGrp/ProgramServicesAmt115209
IRS990/OtherExpensesGrp/TotalAmt096150
IRS990/OtherExpensesGrp/TotalAmt142000
IRS990/OtherExpensesGrp/TotalAmt220393
IRS990/OtherExpensesGrp/TotalAmt312530
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0419093
IRS990/OtherSalariesAndWagesGrp/TotalAmt0419093
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029932
IRS990/PayrollTaxesGrp/TotalAmt029932
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09187
IRS990/PensionPlanContributionsGrp/TotalAmt09187
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL HECHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0214415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0214415
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01962003
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0111200
IRS990/PYInvestmentIncomeAmt07066
IRS990/PYOtherExpensesAmt01208539
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0153057
IRS990/PYRevenuesLessExpensesAmt0296156
IRS990/PYSalariesCompEmpBnftPaidAmt0506231
IRS990/PYTotalExpensesAmt01825970
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02122126
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0131050
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0214415
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01921105
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0573418
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02151927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01962003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01474966
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01616834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01491868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08697598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt060291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07961
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt096093
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0975279
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0750
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0750
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64650
IRS990ScheduleA/PublicSupportPY170Pct00.60240
IRS990ScheduleA/PublicSupportTotal170Amt05685532
IRS990ScheduleA/SubstantialContributorsTotAmt03012066
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02151927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01962003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01474966
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01616834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01491868
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08697598
IRS990ScheduleA/TotalSupportAmt08794441
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/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/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FELLOWSHIP AWARD THAT FOCUSES ON THE GROWTH OF THE INDIVIDUAL AS A LEADER AND TO ASSIST IN THEIR PERSONAL ENTREPRENEURIAL JOURNEY TO PROVIDE A POSITIVE IMPACT ON NEW ORLEANS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt212500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ROSAMARY FOUNDATION SUBGRANT AWARD FOR CORPORATE INTERNSHIP LEADERSHIP INSTITUTE (CILI). CILI IS DEDICATED TO CULTIVATING EXCELLENCE IN ALL STUDENTS ENROLLED IN 4-YEAR OR GRADUATE PROGRAMS BY CONNECTING THEM TO PAID INTERNSHIPS WHICH PROVIDES A QUALIFIED EXPERIENCE EXCHANGE WITH SKILL-BUILDING AND COMPETENCY DEVELOPMENT ROOTED IN THE FUTURE SUCCESS OF THE NEW ORLEANS REGION AND LOUISIANA TO TRANSFORM AND FACILITATE ECONOMIC GROWTH BY AND FOR ITS OWN PEOPLE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM FUNDING TO SUPPORT CSED'S COASTAL RESTORATION SUMMER WORKSHOPS IN LOWER 9TH WARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2USDA GNO FOOD AND BEVERAGE ENTREPRENEUR ECOSYSTEM GRANT - 1ST INSTALLMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CORPORATE INTERNSHIP LEADERSHIP INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1LOWER 9TH WARD CSED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PROPELLER A FORCE FOR SOCIAL INNOVATION
IRS990ScheduleI/RecipientTable/RecipientEIN0842556965
IRS990ScheduleI/RecipientTable/RecipientEIN1270185863
IRS990ScheduleI/RecipientTable/RecipientEIN2263223585
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0TENTH INSTITUTE INTERNSHIP PROGRAM
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 770407
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22021 LAKESHORE DRIVE SUITE 500B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt03157 GENTILLY BLVD SUITE 2184
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070122
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd170177
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd270122
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd01
IRS990ScheduleJ/RebuttablePresumptionProcInd01

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,887,646
Liabilities
$523,399
Net assets
$2,364,247
Revenue
$2,426,633
Expenses
$2,295,583
Net income
$131,050
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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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