Civic Intelligence

Friends of Hynes

EIN 83-2510975 • 501(c)3 • New Orleans, LA

Profile

Friends of hynes was formed in order to construct, purchase, maintain, or repair facilities beneficial to the school and to solicit and receive contributions, through direct gives, charitable remainder trusts, grants and otherwise, for the benefit of the school.

990 Harrison AvenueNew Orleans, LA 70124

n/A

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

22.75x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

9th percentile

-27%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

48th percentile

4.6%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

99th percentile

1309%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$26,237,556

Up $23,009,612 (+713%) from 2023

Liabilities

Up

$24,049,907

Up $23,242,841 (+2880%) from 2023

Net Assets

Down

$2,187,649

Down $233,229 (-9.6%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin9th percentile

Revenue

Down

$1,057,039

Down $192,961 (-15%) from 2023

Expenses

Up

$1,343,253

Up $1,301,514 (+3118%) from 2023

Net Income

Down

-$286,214

Down $1,494,475 (-124%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$30M$20M$10M$0Assets 2020: $301,740Liabilities 2020: $3,845Net Assets 2020: $297,8952020Assets 2021: $586,126Liabilities 2021: $0Net Assets 2021: $586,1262021Assets 2022: $1,219,546Liabilities 2022: $6,929Net Assets 2022: $1,212,6172022Assets 2023: $3,227,944Liabilities 2023: $807,066Net Assets 2023: $2,420,8782023Assets 2025: $26,237,556Liabilities 2025: $24,049,907Net Assets 2025: $2,187,6492025

Highlighted filing

2025

Assets$26,237,556
Liabilities$24,049,907
Net Assets$2,187,649
Open 2025 Filing

Operations Trend

Revenue Growth99th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $325,000Expenses 2020: $27,106Net Income 2020: $297,8942020Revenue 2021: $300,000Expenses 2021: $11,769Net Income 2021: $288,2312021Revenue 2022: $650,229Expenses 2022: $9,436Net Income 2022: $640,7932022Revenue 2023: $1,250,000Expenses 2023: $41,739Net Income 2023: $1,208,2612023Revenue 2025: $1,057,039Expenses 2025: $1,343,253Net Income 2025: -$286,2142025

Highlighted filing

2025

Revenue$1,057,039
Expenses$1,343,253
Net Income-$286,214
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$26,237,556
Liabilities
$24,049,907
Net assets
$2,187,649
Revenue
$1,057,039
Expenses
$1,343,253
Net income
-$286,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$24.0$2.19$1.06$1.34$0.29
2023Summary only. Only limited summary data is available for this year.$3.23$0.81$2.42$1.25$0.04$1.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.01$1.21$0.65$0.01$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.30$0.01$0.29
2020Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$0.33$0.03$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 24, 2025
Return Version
2024v5.2
Gross Receipts
$1,057,039
Mission and Program Overview

Mission

Friends of hynes was formed in order to construct, purchase, maintain, or repair facilities beneficial to the school and to solicit and receive contributions, through direct gives, charitable remainder trusts, grants and otherwise, for the benefit of the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$25,784,006▲ $25,784,006
Cash and Non-Interest-Bearing Accounts$71,851$267,257▲ $195,406
Accounts Receivable$7,562$2,403▼ $5,159
Prepaid Expenses and Deferred Charges$1,121$1,957▲ $836
Total Assets$25,078,591$26,237,556▲ $1,158,965
Other Assets Total$24,998,057$181,933▼ $24,816,124
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,311,220$23,934,973▲ $5,623,753
Accounts Payable and Accrued Expenses$4,293,508$114,934▼ $4,178,574
Total Liabilities$22,604,728$24,049,907▲ $1,445,179
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,473,863$2,187,649▼ $286,214
Total Net Assets Fund Balance$2,473,863$2,187,649▼ $286,214
Total Liabilities and Net Assets / Fund Balance$25,078,591$26,237,556▲ $1,158,965

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,156,886$597,105$25,753,991
Equipment$627,120$66,900$694,020
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
William ChauvinPresident
Alvin MiesterDirector
Barbara RichardDirector
Josh BentleyDirector
Kris ScarionoDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
The Lemoine Company LLCConstruction1906 ERASTE LANDRY ROAD SUITE 200, Lafayette, LA 70506$5,227,963
Grace Hebert Curtis ArchitectsArchitectural Services501 GOVERNMENT STREET SUITE 200, Baton Rouge, LA 70802$377,418
Revenue and Support

Revenue Composition

Contributions and Grants
$122,039
Program Service Revenue
$935,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$122,039
Change in Net Assets
$-286,214

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,057,039
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,057,039
Total Revenue per Form 990
$1,057,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,343,253
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$664,005--$664,005
Interest$623,102--$623,102
Insurance$25,710--$25,710
Fees for Services Accounting-$14,716-$14,716
Fees for Services Legal-$9,264-$9,264
Other Expenses-$792-$792
Total Functional Expenses$1,312,817$30,436$0$1,343,253

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,343,253
Total Expenses per Audited Statements$1,343,253
Total Expenses per Form 990$1,343,253
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
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
No
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 members review the form 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“Organization documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Friends of Hynes
EIN
83-2510975
Phone
5043247160
Address
990 HARRISON AVENUE, NEW ORLEANS, LA 70124

Signing Officer

Name
William Chauvin
Title
President
Phone
5043247160
Signed
2025-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Chauvin
Formed
2018
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Bourgeois Bennett LLC
Address
111 VETERANS BLVD SUITE 1700, METAIRIE, LA 70005
Preparer
Paul Pechon
Phone
5048314949
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“Accounting standards provide detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in an entity's financial statements. These standards require an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. As of june 30, 2025, management of the organization believes that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Tax years ended june 30, 2022 and later remain subject to examination by the taxing authorities.”

Raw XML AppendixShowing 400 of 410 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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IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/BuildingsGrp/BookValueAmt025156886
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0597105
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025753991
IRS990ScheduleD/EquipmentGrp/BookValueAmt0627120
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0694020
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01343253
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01057039
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THESE STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2025, MANAGEMENT OF THE ORGANIZATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS ENDED JUNE 30, 2022 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025784006
IRS990ScheduleD/TotalExpensesPerForm990Amt01343253
IRS990ScheduleD/TotalRevenuePerForm990Amt01057039
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01057039
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01343253
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HYNES CHARTER SCHOOL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0204452631
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC SCHOOL EDUCATIONAL INSTITUTION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0990 HARRISON AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0122039
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1935000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH - FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH - FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HYNES CHARTER SCHOOL CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HYNES CHARTER SCHOOL CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt025078591
IRS990/TotalAssetsEOYAmt026237556
IRS990/TotalAssetsGrp/BOYAmt025078591
IRS990/TotalAssetsGrp/EOYAmt026237556
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0122039
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030436
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01312817
IRS990/TotalFunctionalExpensesGrp/TotalAmt01343253
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022604728
IRS990/TotalLiabilitiesEOYAmt024049907
IRS990/TotalLiabilitiesGrp/BOYAmt022604728
IRS990/TotalLiabilitiesGrp/EOYAmt024049907
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02473863
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02187649
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01312817
IRS990/TotalProgramServiceRevenueAmt0935000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0935000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01057039
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025078591
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt026237556
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0990 HARRISON AVENUE
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070124
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM CHAUVIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05043247160
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF HYNES
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0832510975
ReturnHeader/Filer/PhoneNum05043247160
ReturnHeader/Filer/USAddress/AddressLine1Txt0990 HARRISON AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070124
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720136870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOURGEOIS BENNETT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 VETERANS BLVD SUITE 1700

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