Nexuscity
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/2015
- Data as of
- 12/2018
- EIN
- 47-1536038
Organization Overview
Nexuscity is located in New Orleans, LA. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Nexuscity 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 12/2018, Nexuscity generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $25.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ORGANIZES AND PROVIDES A FELLOWSHIP PROGRAM TO TRAIN NEW AND EMERGING LEADERS WITH EXPERIENCE IN INSTITUTIONAL LEADERSHIP MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Square Jr Treasurer | 2 | $0 | |
Andrea Chen Member | 0 | $0 | |
Beth Galante Member | 0 | $0 | |
Coleman D Ridley Jr Member | 0 | $0 | |
Jamar Mckneeley Member | 0 | $0 | |
Matt Wisdom Chairman | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,370 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,370 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,705 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,880 |
| Total expenses | $25,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,789 |
| Other assets | $0 |
| Total assets | $26,789 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,789 |