Family Resources Of New Orleans Inc

Organization Overview

Family Resources Of New Orleans Inc is located in Boutte, LA. The organization was established in 1997. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Resources Of New Orleans 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 12/2022, Family Resources Of New Orleans Inc generated $113.6k 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 (4.4%) each year. All expenses for the organization totaled $130.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FIRST-TIME HOMEBUYER TRAINING FOR LOW-INCOME INDIVIDUALS AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SECURED HOUSING FOR LOW-INCOME FAMILIES IN THE GREATER NEW ORLEANS AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Kelita Pete
Executive Director
$2,847
Paula Pete
Board Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $113,565
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$113,565
Total Program Service Revenue$0
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 $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $113,565

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