Society For The Relief Of Destitute Orphan Boys
- Assets
- $35.9m
- Revenue
- $1.0m
- Investments
- $28.3m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 09/1943
- Data as of
- 12/2022
- EIN
- 72-0408986
Organization Overview
Society For The Relief Of Destitute Orphan Boys is located in New Orleans, LA. The organization was established in 1943. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For The Relief Of Destitute Orphan Boys 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 12/2022, Society For The Relief Of Destitute Orphan Boys generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CHARITABLE ACTIVITIES: THE OPERATION OF A CLINICAL/RESIDENTIAL FACILITY AND SCHOOL FOR SOCIALLY AND EMOTIONALLY DISADVANTAGED BOYS IN THE METROPOLITAN NEW ORLEANS AREA. THE FACILITY IS LICENSED TO PROVIDE HOUSING FOR 30-35 BOYS BETWEEN THE AGES OF 6 AND 18 FROM FAMILIES WHO ARE SUFFERING FROM FINANCIAL HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Gagnet Executive Director | 40 | $138,117 | |
Randy Weidemann Program Director | 60 | $73,604 | |
Kevin Wilson Direct Care Worker | 60 | $67,967 | |
Seneca Hennrich Head Of School | 40 | $63,503 | |
Beverly Wilkerson Direct Care Worker | 60 | $61,572 | |
Cori Peters Director Of Social S | 40 | $55,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,015,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $1 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,019,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $138,117 |
| Other employee salaries and wages | $548,563 |
| Pension plans, employee benefits | $24,826 |
| Interest | $0 |
| Taxes | $50,293 |
| Depreciation | $40,465 |
| Occupancy | $71,727 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $704,896 |
| Total operating and administrative expenses | $1,691,880 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,691,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $934,097 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $132,305 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,377,328 |
| Other assets | $123,476 |
| Total assets | $35,895,802 |
| Accounts payable and accrued expenses | $774 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $774 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Louisiana Economic Development Alliance Alexandria, LA | $1,099,569 | $1,697,073 |
Society For The Relief Of Destitute Orphan Boys New Orleans, LA | $35,895,802 | $1,019,497 |
Permian Road Safety Coalition Midland, TX | $465,522 | $1,525,980 |
North East Emergency Distribution Hurst, TX | $419,200 | $1,502,756 |
Rio Grande Valley Communications Group Mcallen, TX | $7,376,430 | $2,097,276 |
Texas Emergency Communications Center Inc Spring, TX | $1,595,600 | $2,062,473 |
Safety Council Of East Texas Inc Longview, TX | $2,557,947 | $727,123 |
Wintergarden Womens Shelter Inc Carrizo Springs, TX | $227,042 | $757,869 |
Waskom Volunteer Fire Department And E M S Services Inc Waskom, TX | $862,231 | $528,804 |
Austin Emergency Supply Foundation Austin, TX | $135,615 | $526,049 |
Russwood Security Patrol Inc Dallas, TX | $83,365 | $243,580 |
Marshland Festival Association Hackberry, LA | $66,246 | $221,103 |