Louisiana Independent Higher Education Research Foundation
- Assets
- $284.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 10/1985
- Data as of
- 06/2022
- EIN
- 72-1037926
Organization Overview
Louisiana Independent Higher Education Research Foundation is located in Baton Rouge, LA. The organization was established in 1985. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Independent Higher Education Research Foundation 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 06/2022, Louisiana Independent Higher Education Research Foundation generated $40.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $56.2k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION CONDUCTS RESEARCH IN SUPPORT OF INDEPENDENT HIGHER EDUCATION IN THE STATE OF LOUISIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Reynold Verret Director | 1 | $0 | |
Michael Fitts Chairperson | 1 | $0 | |
Jamie Dew Jr Director | 1 | $0 | |
Rick Brewer Vice Chair | 1 | $0 | |
Walter Kimbrough Director | 1 | $0 | |
Chris Holoman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40,644 |
| Total Revenue | $40,654 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,101 |
| Other expenses | $39,459 |
| Total expenses | $56,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,705 |
| Other assets | $0 |
| Total assets | $284,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,705 |
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