Cbno-Mac Foundation
- Assets
- $404.4k
- Revenue
- $97.2k
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 05/1983
- Data as of
- 12/2022
- EIN
- 72-0955656
Organization Overview
Cbno-Mac Foundation, operating under the name Committee For A Better New Orleans, is located in New Orleans, LA. The organization was established in 1983. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Committee For A Better New Orleans employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Committee For A Better New Orleans 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, Committee For A Better New Orleans generated $97.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $184.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK TO CREATE EQUITY AND OPPORTUNITY FOR ALL NEW ORLEANIANS BY DEVELOPING COMMUNITY LEADERS, FOSTERING CIVIC ENGAGEMENT, AND ADVOCATING FOR OPEN, EFFECTIVE, ACCOUNTABLE GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRYAN BELL METROPOLITAN LEADERSHIP FORUM REVAMP & PLANNING - OUR SIGNATURE ANNUAL PROGRAM, THE BRYAN BELL METROPOLITAN LEADERSHIP FORUM TAKES 30-50 EMERGING LEADERS FROM ACROSS THE CITY ON A DEEP-DIVE INTO THE CITY'S ISSUES AND ASSETS, AND EMPOWERS THEM WITH THE NETWORK AND SKILLS THEY NEED TO GET INVOLVED IN LEADING CHANGE. THIS YEAR, WE LAUNCHED A COMMITTEE OF VOLUNTEERS TO PLAN THE FORUM, AND RESTRUCTURED THE SESSIONS BASED ON PREVIOUS ATTENDEES' FEEDBACK. OUR 2022 LEADERSHIP FORUM, ORIGINALLY SCHEDULED FOR JANUARY 2022, WILL FEATURE A MORE DIVERSE CLASS OF LEADERS, AN UNLIMITED SCHOLARSHIP FUND, AND A CLOSING RETREAT FOCUSED ON COMMUNITY ORGANIZING.
BUILDING OUR FUTURE CAMPAIGN - IN 2021, THE FEDERAL GOVERNMENT PLEDGED BILLIONS OF DOLLARS TO MUNICIPALITIES FOR COVID RELIEF AND TO FIX THE NATION'S CRUMBLING INFRASTRUCTURE. WE LAUNCHED A COALITION TO HELP ADVOCATES AND COMMUNITY LEADERS UNDERSTAND THESE HISTORIC LEVELS OF FEDERAL FUNDING, AND ENSURE THEIR VOICES ARE HEARD IN THE PLANNING PROCESS. WE BUILT AND GREW PARTNERSHIPS WITH THE CITY LEGISLATIVE BRANCH AND EXECUTIVE BRANCH TO HELP BRIDGE THE INTERNAL DIVIDE BETWEEN THE TWO, AND THE LARGER EXTERNAL DIVIDE WITH THE COMMUNITY. WE HOSTED THE CITY'S FIRST (AND ONLY) PUBLIC CONVERSATIONS ON THE ALLOCATION OF MILLIONS IN FEDERAL RECOVERY FUNDS, AND SPURRED THE DEVELOPMENT OF 4 COMMUNITY-DRIVEN PROPOSALS.
EDUCATION & ADVOCACY - WE EDUCATED THOUSANDS OF RESIDENTS IN THE CITY BUDGET PROCESS; INCLUDING TRAINING ON HOW THE BUDGET WORKS, AND WHAT THE CITY PROPOSED IN THEIR 2022 BUDGET. WE EXPLORED WAYS TO MAKE THE CONTENT FUN, INCLUDING THROUGH A STORY-BOOK READ-ALONG EVENT. WE ALSO BUILT UP A LIBRARY OF DIGITAL CONTENT TO EDUCATE PEOPLE ON CIVICS, WHICH WE ROLLED OUT THROUGH EMAIL, WEBSITE,AND SOCIAL MEDIA. WE CREATED TOOLS FOR ADVOCATES AND COMMUNITY LEADERS TO FOLLOW THE 2021 MUNICIPAL ELECTION, AND LEARN ABOUT CANDIDATES AND ISSUES ON THE BALLOT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nellie Catzen Executive Director | Officer | 40 | $78,205 |
Damian Clark Director | Trustee | 2 | $0 |
Malaika Moran Director/co-Chair | Trustee | 2 | $0 |
Kelsey Foster Director/treasurer | Trustee | 1.5 | $0 |
Alex Perdomo Director/secretary | Trustee | 1.5 | $0 |
Cc Kahr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,326 |
| Total Program Service Revenue | $14,354 |
| Investment income | $20,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,155 |
| 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. | $78,206 |
| Compensation of current officers, directors, key employees. | $11,731 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,430 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,898 |
| Payroll taxes | $7,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,465 |
| Fees for services: Accounting | $4,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,092 |
| Advertising and promotion | $130 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,108 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $6,427 |
| Total functional expenses | $184,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,137 |
| 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 | $364,267 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $404,404 |
| Accounts payable and accrued expenses | $654 |
| 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 | $0 |
| Total liabilities | $654 |
| Net assets without donor restrictions | $10,920 |
| Net assets with donor restrictions | $392,830 |
| 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 | $404,404 |