Friends Of Lafitte Corridor Inc
- Assets
- $438.5k
- Revenue
- $522.8k
- Investments
- $0.0
- Employees
- 4
- Location
- New Orleans, LA
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 20-5295500
Organization Overview
Friends Of Lafitte Corridor Inc, operating under the name Friends Of Lafitte Greenway, is located in New Orleans, LA. The organization was established in 2008. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Friends Of Lafitte Greenway employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Lafitte Greenway is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friends Of Lafitte Greenway generated $522.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $518.6k during the year ending 12/2023. While expenses have increased by 19.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF LAFITTE GREENWAY WORKS TO BUILD, PROGRAM, AND PROMOTE THE LAFITTE GREENWAY AS A GREAT PUBLIC SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEOPLE - FRIENDS OF LAFITTE GREENWAY (FRIENDS) ACHIEVES OUR VISION OF A HEALTHY AND VIBRANT GREENWAY THAT CONNECTS PEOPLE TO NATURE, THEIR DESTINATIONS, AND EACH OTHER THROUGH PROJECTS, PROGRAMMING, PLANNING, AND OPERATIONS. FRIENDS WORKS TO CREATE A COMMUNITY-ORIENTED AND HIGHLY-USED PUBLIC SPACE. IN 2023, FRIENDS REACHED OVER 11,428 COMMUNITY MEMBERS WITH RECREATION, ARTS, AND CULTURAL PROGRAMS. THE ORGANIZATION HOSTED 79 FREE FITNESS CLASSES THROUGHOUT THE YEAR, PARTNERED WITH THE CRESCENT CITY FARMERS MARKET TO HOST NEW ORLEANS' LARGEST WEEKLY FARMS MARKET, AND PRODUCED ARTS AND CULTURAL EVENTS SUCH AS THE GREENWAY SUPERNOVA LIGHT-BASED ART FESTIVAL, MOVIES IN THE PARK, EASTER EGGSTRAVAGANZA, AND MORE. THROUGH A MONTHLY E-NEWSLETTER AND NEW SIGNAGE, FRIENDS WORKS TO KEEP THE PUBLIC INFORMED AND CONNECTED TO THE GREENWAY. WE ALSO BEGAN OUR MASTER PLAN UPDATE PROCESS FOR THE BROAD TO BAYOU SEGMENT OF THE GREENWAY.
NATURE - FRIENDS OF LAFITTE GREENWAY'S NATURE PROGRAMS WORK TO ENSURE THAT THE GREENWAY IS A WELL-MAINTAINED ECOSYSTEM THAT IS THRIVING, BEAUTIFUL, AND SUSTAINABLE. IN 2021, FRIENDS LAUNCHED GREENWAY GROW, A PUBLIC CAMPAIGN AND PROGRAM TO CARE FOR THE GREENWAY'S NATURE. IN 2023, WE MAINTAINED OUR GREENWAY PLAZA RAINGARDEN, ADDED MULCH TO 300 TREES PLANTED IN 2022, AND MAINTAINED 3 POLLINATOR MEADOWS. WE HELD 18 VOLUNTEER/EDUCATION EVENTS FOCUSED ON NATURE AND GREEN INFRASTRUCTURE WHICH WERE ATTENDED BY 716 PEOPLE.
TRANSPORTATION - FRIENDS OF LAFITTE GREENWAY'S WORKS TO GROW THE GREENWAY AS A TRANSPORTATION CONNECTOR, SAFELY LINKING NEIGHBORHOODS AND LOCATIONS ALONG THE TRAIL. IN 2023, FRIENDS MET REGULARLY WITH PUBLIC PARTNERS TO PLAN AND SUPPORT THE TRAIL COMPLETION'S IMPLEMENTATION, AND ENSURED THE GREENWAY WAS ACCESSIBLE AND MORE PROTECTED FOR MARDI GRAS GOERS. WE ENGAGED WITH PARTNERS IN THE COMPLETE STREETS COALITION TO BUILD A MORE ACCESSIBLE NEW ORLEANS. THE GREENWAY TRAIL SAW AN ESTIMATED 500,000 USES IN 2023 FOR TRANSPORTATION AND RECREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Neville Executive Dir. | Officer | 40 | $79,615 |
Monty Lunn Vice Chair | OfficerTrustee | 1 | $0 |
Susan Guidry Director | Trustee | 1 | $0 |
Philip Stelly Director | Trustee | 1 | $0 |
Emily Bullock Director | Trustee | 1 | $0 |
Essence Banks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $442,913 |
| Noncash contributions included in lines 1a–1f | $8,653 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $503,746 |
| Total Program Service Revenue | $6,456 |
| Investment income | $2,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $459 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,431 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $522,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,904 |
| Compensation of current officers, directors, key employees. | $15,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,625 |
| Payroll taxes | $15,169 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $210,888 |
| Advertising and promotion | $0 |
| Office expenses | $22,371 |
| Information technology | $4,626 |
| Royalties | $0 |
| Occupancy | $11,700 |
| Travel | $106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,492 |
| Interest | $2,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $265 |
| Insurance | $7,845 |
| All other expenses | $1,447 |
| Total functional expenses | $518,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,879 |
| Savings and temporary cash investments | $131,612 |
| Pledges and grants receivable | $6,800 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,500 |
| Prepaid expenses and deferred charges | $1,557 |
| Net Land, buildings, and equipment | $6,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,492 |
| Accounts payable and accrued expenses | $5,279 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $75,083 |
| Other liabilities | $0 |
| Total liabilities | $80,362 |
| Net assets without donor restrictions | $9,289 |
| Net assets with donor restrictions | $348,841 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $438,492 |