Preservation Alliance Of New Orleans Incorporated
- Assets
- $8.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 26
- Location
- New Orleans, LA
- Founding
- 12/1974
- Data as of
- 06/2021
- EIN
- 72-0760857
Organization Overview
Preservation Alliance Of New Orleans Incorporated is located in New Orleans, LA. The organization was established in 1974. 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. As of 06/2021, Preservation Alliance Of New Orleans Incorporated employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Alliance Of New Orleans Incorporated 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 06/2021, Preservation Alliance Of New Orleans Incorporated generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE RESTORATION AND REVITALIZATION OF HISTORIC ARCHITECTURE AND NEIGHBORHOODS
Describe the Organization's Program Activity:
PRESERVATION IN PRINT IS THE AWARD-WINNING MAGAZINE OF THE PRESERVATION RESOURCE CENTER. PUBLISHED NINE TIMES A YEAR, PIP IS FILLED WITH INFORMATIVE, INSPIRING AND ENTERTAINING ARTICLES AND FEATURES THAT ILLUSTRATE THE IMPORTANCE OF HISTORIC PRESERVATION TO OUR ECONOMY, OUR ENVIRONMENT, OUR QUALITY OF LIFE, AND OUR COLLECTIVE MEMORY AS A SOCIETY.
THE PRESERVATION PROGRAM ENCOMPASSES PRC'S VARIOUS GENERAL ACTIVITIES RELATED TO PROMOTING THE PRESERVATION OF HISTORIC PROPERTIES AND AWARENESS EFFORTS, AND DEVELOPMENT OF PRESERVATION PLANS FOR SPECIFIC PROPERTIES AND DISTRICTS, AND RELATED ACTIVITIES.
REVIVAL GRANTS PROVIDES HOME REPAIRS TO LOW INCOME HOMEOWNERS. EDUCATION EFFORTS INCLUDE CLASSES, WEBINARS AND VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Del Sol Executive Director | Officer | 40 | $104,804 |
Christopher Hall Chief Financial Officer | Officer | 40 | $52,585 |
Aulston Taylor Board Member At Large | OfficerTrustee | 2 | $0 |
Katie Witry Vice President | OfficerTrustee | 2 | $0 |
Leslie P Bouie President | OfficerTrustee | 2 | $0 |
Chris Kornman Board Member At Large | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Upstream Construction Construction | 6/29/18 | $611,689 |
Tevye Fernando Ramazzini Mazariegos Construction | 6/29/18 | $102,046 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $222,079 |
| Fundraising events | $103,900 |
| Related organizations | $0 |
| Government grants | $199,939 |
| All other contributions, gifts, grants, and similar amounts not included above | $348,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $874,415 |
| Total Program Service Revenue | $163,542 |
| Investment income | $98,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,400 |
| Net Gain/Loss on Asset Sales | -$18,014 |
| Net Income from Fundraising Events | -$83,198 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,127,340 |
| 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. | $161,662 |
| Compensation of current officers, directors, key employees. | $72,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $438,097 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,627 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,057 |
| Advertising and promotion | $4,944 |
| Office expenses | $28,904 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,550 |
| Travel | $5,910 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,905 |
| Insurance | $53,900 |
| All other expenses | $20,637 |
| Total functional expenses | $1,254,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,089,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $118,671 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $73,656 |
| Net Land, buildings, and equipment | $454,570 |
| Investments—publicly traded securities | $4,289,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,031,877 |
| Accounts payable and accrued expenses | $94,745 |
| 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 | $8,651 |
| Total liabilities | $103,396 |
| Net assets without donor restrictions | $6,951,786 |
| Net assets with donor restrictions | $976,695 |
| 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 | $8,031,877 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Preservation Alliance Of New Orleans Incorporated has recieved totaling $176,271.
| Awarding Organization | Amount |
|---|---|
Rebuilding Together Inc Washington, DC PURPOSE: FURTHER THE MISSION OF THE ORGANIZATION | $69,600 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: COMMUNITY IMPROVEMENT | $56,640 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
Golden Triangle Planning & Development District Inc Starkville, MS | $16,192,589 | $11,220,298 |
First Colony Community Services Association Inc Sugar Land, TX | $19,403,817 | $10,458,068 |
Community Council Of South Central Seguin, TX | $2,045,180 | $10,473,350 |
Downtown Dallas Inc Dallas, TX | $7,773,347 | $10,211,090 |
Lakewest Revitalization Foundation Inc Dallas, TX | $0 | $14,279 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |