Civic Intelligence

Heroes of New Orleans

EIN 81-3135532 • 501(c)3 • New Orleans, LA

Profile

Community Outreach

3712 Herschel StreetNew Orleans, LA 70114

www.heroesofnola.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.02x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$75,700

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

98th percentile

398%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

129%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$1,529,384

Up $1,222,131 (+398%) from 2023

Liabilities

Flat

$45,744

Flat from 2023

Net Assets

Up

$1,483,640

Up $1,222,131 (+467%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin92nd percentile

Revenue

Up

$2,006,026

Up $1,130,289 (+129%) from 2023

Expenses

Up

$782,997

Up $200,702 (+34%) from 2023

Net Income

Up

$1,223,029

Up $929,587 (+317%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $13,810Liabilities 2022: $0Net Assets 2022: $13,8102022Assets 2023: $307,253Liabilities 2023: $45,744Net Assets 2023: $261,5092023Assets 2024: $1,529,384Liabilities 2024: $45,744Net Assets 2024: $1,483,6402024

Highlighted filing

2024

Assets$1,529,384
Liabilities$45,744
Net Assets$1,483,640
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $126,885Expenses 2022: $129,952Net Income 2022: -$3,0672022Revenue 2023: $875,737Expenses 2023: $582,295Net Income 2023: $293,4422023Revenue 2024: $2,006,026Expenses 2024: $782,997Net Income 2024: $1,223,0292024

Highlighted filing

2024

Revenue$2,006,026
Expenses$782,997
Net Income$1,223,029
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,529,384
Liabilities
$45,744
Net assets
$1,483,640
Revenue
$2,006,026
Expenses
$782,997
Net income
$1,223,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.05$1.48$2.01$0.78$1.22
2023Detailed filing. Detailed filing data is available for this year.$0.31$0.05$0.26$0.88$0.58$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.13$0.13$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 9, 2025
Return Version
2024v5.0
Gross Receipts
$2,015,713
Mission and Program Overview

Mission

Heroes of New Orleans is a grassroot 501(c)(3) nonprofit organization committed to inspiring and empowering youth and families. Our mission is to elevate underprivileged youth and families who face poverty or its risks, through a comprehensive positive strategy that includes wraparound services, self-development, and mentorship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$1,000,000▲ $1,000,000
Cash and Non-Interest-Bearing Accounts$306,355$529,384▲ $223,029
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$306,355$1,529,384▲ $1,223,029
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$45,744$45,744→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$45,744$45,744→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$260,611$1,483,640▲ $1,223,029
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$260,611$1,483,640▲ $1,223,029
Total Liabilities and Net Assets / Fund Balance$306,355$1,529,384▲ $1,223,029

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,000,000-$1,000,000
Buildings$0$0$0
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gregory RavyPresident/Chief Executive OfficerFT$75,700$75,700

Board Members and Trustees

NameTitle
April MundyBoard Member
Corey ValdaryBoard Member
Jonathan EverettBoard Member
Melissa McClendonBoard Member
Robert PearsonBoard Member
Rachelle JonesSecretary
Brandon BeanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,922,693
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$83,333
All Other Contributions
$1,255,688
Change in Net Assets
$1,223,029

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$1,093,020Input Method
Total Noncash Contributions1$1,093,020-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,037
Salaries, Compensation, and Employee Benefits$334,493
Grants and Similar Amounts Paid$3,467
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,793$0$0$258,793
Current Officers, Directors, Trustees, and Key Employees$75,700$0$0$75,700
Other Expenses$0$42,672$0$42,672
Insurance$0$39,530$0$39,530
Office Expenses$14,895$6,569$0$21,464
Advertising$18,837$0$0$18,837
Grants to Domestic Individuals$3,467--$3,467
Travel$2,118$0$0$2,118
Fees for Services Accounting$0$2,081$0$2,081
Fees for Services Legal$662$1,034$0$1,696
Interest$0$719$0$719
Total Functional Expenses$586,270$196,727$0$782,997
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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

“The Board of Directors are to receive form 990 prior to IRS submission via email.”

Form 990, Part VI, Section C, Line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Heroes of New Orleans
EIN
81-3135532
Phone
5043815150
Address
3712 Herschel Street, New Orleans, LA 70114

Signing Officer

Name
Shannon Bishop
Title
Chief Financial Officer
Phone
5042310268
Signed
2025-07-09

Organization Details

Principal Officer
Gregory Ravy
Formed
2016
Legal Domicile
La
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
10
Raw XML AppendixShowing 400 of 581 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/MissionDesc0Heroes of New Orleans is a grassroot 501(c)(3) nonprofit organization committed to inspiring and empowering youth and families. Our mission is to elevate underprivileged youth and families who face poverty or its risks, through a comprehensive positive strategy that includes wraparound services, self-development, and mentorship.
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IRS990/PrincipalOfficerNm0Gregory Ravy
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IRS990/ProgSrvcAccomActy2Grp/Desc0Our Community Outreach Initiative relies on direct public support to fund its operations. We successfully organized and executed several key events, including an Easter Giveaway, a School Supply Drive, a Thanksgiving Food Drive and Giveaway, and a Christmas Toy Drive and Giveaway. In addition to these events, we also distributed essential cleaning supplies, personal hygiene products, health supplies, and refreshments to those in need within our community.
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