Financials

3-year comparison profit and loss

INCOME
Jan - Dec 2016
Jan - Dec 2017
Jan - Dec 2018
Grant Revenue
$1,472,756
$1,870,335
$1,643,607
Special Events Revenue
$58,019
$37,845
$15,831
Direct Contribution Revenue
$44,537
$38,556
$23,554
Revenue from Other Sources
$377
$45,348
$0
TOTAL INCOME
$1,575,689
$1,992,084
$1,682,992
GROSS PROFIT
$1,575689
$2,003,344
$1,706,329
Expenses
Jan - Dec 2016
Jan - Dec 2017
Jan - Dec 2018
Personel Services
$746,293
$989,390
$1,319,078
Programmatic Expenses
$430,565
$586,917
$952,697
Operational Expenses
$134,008
$143,089
$158,541
TOTAL 
EXPENSES

$1,310,866

$1,719,396

$2,406,978
NET 
OPERATING 
INCOME

$264,823

$272,688

($723,986)*
* 2018 net income shows a loss due to the timing of major grants received in 2017 for 2018 programming.
After four years of exponential budget growth, we entered 2018 anticipating a more conservative year for fundraising.

2018 Balance Sheet

As of December 31, 2018
CUrrent Assets
2016
2017
2018
Cash
$230,155
$258,823
$426,533
Cash - Restricted
$883,062
$1,043,166
$409,143
Cash - Receivable
$145,000
$191,949
$26,339
Other Receivables
$12,130
$44,981
$6,510
Prepaid Expenses
$5,553
$19,902
$16,703
Equipment
$0
$18,147
$16,332
TOTAL 
CURRENT 
ASSETS

$1,275,900

$1,567,968

$901,560
Current Liabilities
2016
2017
2018
Accounts Payable
$22,752
$34,947
$89,669
Payroll and Related
$16,070
$23,255
$17,778
Deferred Revenue
$0
$0
$8,333
TOTAL 
CURRENT 
LIABILITIES

$38,882

$58,202

$115,780
Unrestricted Net Assets
$354,016
$475,600
$376,637
Temporarily Restricted
$883,062
$1,034,166
$409,143
TOTAL 
NET 
ASSETS

$1,237,078

$1,509,766

$785,780
TOTAL 
LIABILITIES 
AND NET 
ASSETS

$1,275,900

$1,567,968

$981,560

Donors

  • Platinum
  • Capital One Bank
  • City of New Orleans
  • Corporation for National and Community Service
  • Entergy Charitable Foundation
  • Foundation for Louisiana
  • Greater New Orleans Foundation
  • J.P. Morgan Chase
  • U.S. Small Business Administration
  • Walton Family Foundation
  • W.K. Kellogg Foundation
  • Zemurray Foundation
  • Gold
  • Blue Cross and Blue Shield of Louisiana Foundation
  • Ella West Freeman Foundation
  • Ewing Marion Kauffman Foundation
  • Goldring Family Foundation
  • Newman's Own Foundation
  • U.S. Economic Development Administration
  • Verizon
  • Silver
  • Clif Bar Family Foundation
  • Ford Foundation
  • Hsin-Lee Lin and Ling Huel Lin
  • John A Frazee
  • John Sy
  • Jones Walker LLP
  • Laitram
  • One More Thing, LLC
  • Postlethwaite & Netterville
  • Ricchiuti Family Fund
  • Summit Concepts Corporation
  • Transcendent Law Group
  • trepwise
  • Usain-Well Foundation

A Special Thanks to our Mentors and Subject Experts

  • Lead Mentors
  • Lisa Amoss
  • Lisa Atia
  • Nicole Dillard
  • Sherif Ebrahim
  • Linetta Gilbert
  • Kevin Guitterrez
  • Geoffrey Hamlyn (trepwise)
  • D'Juan Hernandez
  • Isaac MacDonald
  • Rayne Martin
  • Lindsey Navarro
  • Scott Price
  • Morgan Ripski
  • Ting-ting Rivers (trepwise)
  • Lauren Siegel (trepwise)
  • Blake Stanfill
  • Kevin Thibodeaux
  • Kevin Wilkins
  • Subject Experts
  • Krystal Allen
  • Justin Anderson
  • Stephen Barkan
  • Bryan Benattou
  • Alexander Bigbie
  • Dana Blandin
  • Pepper Bowen
  • Arianna Cordova
  • Tyshaundra (Ty) Davis
  • Bill Ganon
  • Andrew Garcia
  • Courtney Garcia
  • Kaleshe Garrison
  • Jasmine Henderson
  • Darryl Holiday
  • David Howard
  • Lori Jackson
  • Teresa Kenny
  • Noah Kressler
  • Mindaugas Liaudenskis
  • Ken Line
  • Marlanna Mezhibovskaya
  • Harlin Miller
  • Jasmine Powers
  • Mandy Pumilia
  • David Schmit
  • Brieanna Lightfoot Smith
  • Camille Stelly
  • Lauren Swann
  • Jairo Torres
  • Rica Trigs
  • Dwann Wagner
  • Shaun Walker
  • Jedediah Walls
  • Anna Whitlow