Civic Intelligence

Lede New Orleans Inc.

990 • Fiscal year 2023 • EIN 85-1432323

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 07, 2024

Organization Profilewww.ledeneworleans.org
309 South Murat Street Apt BNew Orleans, LA 70119

(504) 405-2637

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.8%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

38th percentile

-5.5%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$305,149

Down $17,593 (-5.5%) from 2022

Net Assets

Down

$305,149

Down $17,593 (-5.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin34th percentile

Revenue

Down

$369,421

Down $58,305 (-14%) from 2022

Expenses

Up

$387,014

Up $258,069 (+200%) from 2022

Net Income

Down

-$17,593

Down $316,374 (-106%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$1.0M$500K$0Assets 2021: $23,961Liabilities 2021: $0Net Assets 2021: $23,9612021Assets 2022: $322,742Liabilities 2022: $0Net Assets 2022: $322,7422022Assets 2023: $305,149Liabilities 2023: $0Net Assets 2023: $305,1492023Assets 2024: $875,715Liabilities 2024: $0Net Assets 2024: $875,7152024Assets 2025: $378,835Liabilities 2025: $0Net Assets 2025: $378,8352025

Highlighted filing

2023

Assets$305,149
Liabilities$0
Net Assets$305,149
Open 2023 Filing

Operations Trend

Revenue Growth30th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $44,656Expenses 2021: $20,695Net Income 2021: $23,9612021Revenue 2022: $427,726Expenses 2022: $128,945Net Income 2022: $298,7812022Revenue 2023: $369,421Expenses 2023: $387,014Net Income 2023: -$17,5932023Revenue 2024: $1,053,075Expenses 2024: $482,509Net Income 2024: $570,5662024Revenue 2025: $263,073Expenses 2025: $359,953Net Income 2025: -$96,8802025

Highlighted filing

2023

Revenue$369,421
Expenses$387,014
Net Income-$17,593
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 7, 2024
Return Version
2023v5.1
Gross Receipts
$369,421
Mission and Program Overview

Mission

Lede New Orleans is a community media hub that trains emerging Black and Brown storytellers,produces community-centered journalism, and creates trusted spaces for civic dialogue.Founded in 2020, Lede works to advance information equity in New Orleans by shifting whotells local stories and increasing access to accurate, contextual, and representative information.

A nonprofit news initiative that brings together young adults, journalists, and artists to produce equitable, community-driven media in new orleans louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$322,741$305,149▼ $17,592
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$322,742$305,149▼ $17,593
Other Assets Total$1$0▼ $1
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$322,742$305,149▼ $17,593
Total Net Assets Fund Balance$322,742$305,149▼ $17,593
Total Liabilities and Net Assets / Fund Balance$322,742$305,149▼ $17,593
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Jennifer LarinoPresident
Jasmine HendersonDirector
Lana KimayevaDirector
Michele GarvalDirector
Shanieka Dabney-hendersonDirector
Terri TroncaleDirector
Tim WilliamsonDirector
E'JAAZ MASONSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$369,421
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$369,421
Change in Net Assets
$-17,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$207,277
Other Expenses$179,737
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$191,470--$191,470
Fees for Services Legal$17,714--$17,714
Office Expenses$16,492--$16,492
Payroll Taxes$15,807--$15,807
Occupancy$9,961--$9,961
Advertising$3,109--$3,109
All Other Expenses$2,065--$2,065
Other Expenses$1,664--$1,664
Insurance$1,531--$1,531
Travel$100--$100
Total Functional Expenses$387,014$0$0$387,014
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
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Lede New Orleans Inc
EIN
85-1432323
Phone
5044052637
Address
309 SOUTH MURAT STREET APT B, NEW ORLEANS, LA 70119

Signing Officer

Name
Jennifer Larino
Title
President
Signed
2024-08-07
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Pedelahore & Co LLP
Address
3445 N Causeway Blvd Ste 300, Metairie, LA 70002
Preparer
Mary H Valigosky
Phone
5045228708
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IRS990/ProgSrvcAccomActy2Grp/Desc0Lede New Orleans launched its flagship programthe Community Reporting Fellowshipin March 2020, just days before the pandemic shutdowns. Co-founders Jennifer Larino, a journalist, and Ejaaz Mason, a filmmaker and educator, had a straightforward goal: to train older youth of color in New Orleans to do media work. The 10,000-foot vision was to model what an equitable future for local media might look like by equipping older youth with skills, tools and resources they could use to drive change in their communities. Our founding team and the 11 fellows in our first two fellowship cohorts persevered through pandemic uncertainty, job loss and racial unrest nationwide to lay the foundation for this work.
IRS990/ProgSrvcAccomActy3Grp/Desc0In 2022, Lede New Orleans grew from a successful pilot to a fully-fledged organization. The following are major programmatic, organizational and revenue accomplishments from 2022. Over the last 12 months, we:Secured 501(c)(3) status in March 2022.Hired two new employees, both fellowship alumni, to oversee programs, growing from two to four staff members.Recruited two new members to our Board of Directors, growing from three to four members.Launched the fifth cohort of the Community Reporting Fellowship, training 6 emerging storytellersall young women of color. The cohorts reporting looked into mental wellness and mental health care access in New Orleans.Engaged more than 200 community members through Feed The People, a live exhibit showcasing stories and media about local food access produced by the Fall 2021 Community Reporting Fellows.Worked to democratize basic media skills through free, public media workshops serving over 20 community members.Elevated local BIPOC voices in 28 original pieces of content produced by fellows and published on Lede platforms.Provided support and resources for 20 fellowship alumni breaking into a range of career pathways.Raised more than $400,000 to support our mission, growing a network of community and institutional supporters.Workshopped our mission statement with program alumni, board members and business consultants to refine its work, adopting the following statement in December 2022: Lede New Orleans is community journalism organization that equips creative professionals from underrepresented communities, age 18-25, with skills, tools and resources to transform local media.To learn more about Lede New Orleans and our work, visit www.ledenola.org.
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0322742
IRS990/TotalAssetsEOYAmt0305149
IRS990/TotalAssetsGrp/BOYAmt0322742
IRS990/TotalAssetsGrp/EOYAmt0305149
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0369421
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0387014
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387014
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0322742
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0305149
IRS990/TotalProgramServiceExpensesAmt0387014
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0369421
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0322742
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0305149
IRS990/TravelGrp/ProgramServicesAmt0100
IRS990/TravelGrp/TotalAmt0100
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0309 SOUTH MURAT STREET APT B
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070119
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0https://www.ledeneworleans.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LARINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEDE NEW ORLEANS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEDE
ReturnHeader/Filer/EIN0851432323
ReturnHeader/Filer/PhoneNum05044052637
ReturnHeader/Filer/USAddress/AddressLine1Txt0309 SOUTH MURAT STREET APT B
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070119
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720535866
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pedelahore & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03445 N Causeway Blvd Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Metairie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070002
ReturnHeader/PreparerPersonGrp/PhoneNum05045228708
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary H Valigosky
ReturnHeader/ReturnTs02024-08-07T06:20:01-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$305,149
Liabilities
$0
Net assets
$305,149
Revenue
$369,421
Expenses
$387,014
Net income
-$17,593
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.26$0.36$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.05$0.48$0.57
2023Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.37$0.39$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.43$0.13$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.04$0.02$0.02