Louisiana Nurses Foundation Inc
- Assets
- $295.0k
- Revenue
- $90.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 58-1697506
Organization Overview
Louisiana Nurses Foundation Inc is located in Baton Rouge, LA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Nurses Foundation Inc 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 12/2021, Louisiana Nurses Foundation Inc generated $90.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $100.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF HEALTH CARE IN LOUISIANA BY THE PROMOTION, IMPROVEMENT, AND PROTECTION OF PROFESSIONAL NURSING THROUGH EDUCATION, ADVOCACY, COMMUNICATION, AND PROFESSIONAL INTEGRITY. TO COLLECT AND DISTRIBUTE MONIES FOR SPECIFIC PROJECTS AND PROGRAMS TO MEET THE NEEDS OF INDIVIDUAL NURSES AND/OR GROUPS OF NURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOGNIZE NURSES FOR EXCELLENCE IN CARE OF THEIR PATIENTS. PROVIDE SCHOLORSHIPS FOR NURSING STUDENTS. PROVIDE OPPORTUNITIES FOR NEW NURSE LEADERS AND EMERGING NURSE LEADERS TO DEVELOP FUNDEMENTAL LEADERSHIP SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Danna President | OfficerTrustee | 2 | $0 |
Barbara Mcgill Secretary | OfficerTrustee | 2 | $0 |
Barbara Morvant Treasurer | OfficerTrustee | 2 | $0 |
Chad Sullivan Vice President | OfficerTrustee | 1 | $0 |
Ahnyel Burkes Trustee | Trustee | 1 | $0 |
Benita Chatmon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,763 |
| Total Program Service Revenue | $8,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,339 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,088 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $37,715 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,000 |
| Advertising and promotion | $200 |
| Office expenses | $0 |
| Information technology | $5,213 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $165 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $643 |
| Total functional expenses | $99,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,974 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $294,974 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $1,102 |
| Total liabilities | $1,102 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $293,872 |
| Total liabilities and net assets/fund balances | $294,974 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Louisiana Nurses Foundation Inc has recieved totaling $25,014.
| Awarding Organization | Amount |
|---|---|
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA PURPOSE: BETTER TOGETHER: PARTNERSHIPS FOR ADDRESSING DOMESTIC VIOLENCE IN A HEALTHCARE SETTING | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
Hamon Charitable Foundation Dallas, TX | $77,984,763 | $10,364,017 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Biogen Foundation Inc Dallas, TX | $25,561,498 | $3,880,862 |
The Margaret And Al Hill Family Foundation Dallas, TX | $0 | $526,228 |