Beloved Community
- Assets
- $3.7m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 3
- Location
- New Orleans, LA
- Founding
- 09/2017
- Data as of
- 06/2021
- EIN
- 81-3388287
Organization Overview
Beloved Community is located in New Orleans, LA. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Beloved Community employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beloved Community 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, Beloved Community generated $3.3m in total revenue. All expenses for the organization totaled $1.9m during the year ending 06/2021. While expenses have increased by 68.1% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZE PEOPLE AND INSTITUTIONS TO IMPLEMENT SUSTAINABLE CROSS-SECTOR DIVERSITY PRACTICES THAT RESULT IN ECNOMIC GROWTH 10
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN BELOVED COMMUNITY'S FOURTH YEAR WE SUPPORTED 124 ORGANIZATIONS WITH ONGOING FACILITATIONS, TRAINED 556 ORGANIZATIONAL LEADERS IN DIVERSITY, EQUITY AND INCLUSION PRACTICES. WE CELEBRATED THE FOLLOWING IMPACT AND MILESTONES: 1) EQUITY AUDIT TOOL SUITE: IN FY21, 223 ORGANIZATIONS COMPLETED THE EQUITY AUDIT AND 2,766 EMPLOYEES COMPLETED THE EQUITY LENS MAP. RESPONDENTS REPRESENTED ALL THREE TARGET ORGANIZATIONAL TYPES: NONPROFITS/COLLEGES/UNIVERSITIES,(108),K-12 SCHOOLS (93), AND FOR PROFIT BUSINESSES(22). RESPONDENTS EMPLOYED 48209 TO 285536 FULL-TIME STAFF. 2)CAPACITY-BUILDING SERVICES: IN FY21 BELOVED COMMUNITY PROVIDED EQUITY TRAINING FOR 556 ORGANIZATION LEADERS VIA DEEP DIVE ENGAGEMENTS INCLUDING WORKSHOP FACILITATION, LEADERSHIP COACHING, EQUITY WORK PLAN DEVELOPMENT, AND TRAIN-THE TRAINER SUPPORT. 3) COMMUNITIES OF PRACTICE: EQUITY IN SCHOOL COHORT IN INDIANAPOLIS SUPPORTING 5 CHARTER AND INNOVATION SCHOOL FOUNDERS IN THE DEVELOPMENT OF THEIR EQUITY PLANS EQUITY IN SCHOOLS COHORT IN NEW ORLEANS SUPPORTING 7 SCHOOLS AND EDUCATION NONPROFITS EQUITY IN SCHOOLS COHORT IN INDIANAPOLIS SUPPORTING 7 CHARTER AND INNOVATION SCHOOL LEADERSHIP TEAMS EQUITY AT WORK COHORT IN INDIANAPOLIS SUPPORTING 6 NONPROFIT LEADERSHIP TEAMS EQUITY IN SCHOOLS COHORT IN KANSAS CITY SUPPORTING 22 SCHOOL DISTRICT AND LEA LEADERSHIP TEAMS LEADERS OF COLOR COHORT IN NEW ENGLAND SUPPORTING 14 NONPROFIT LEADERSHIP TEAMS EQUITY AT WORK - HOSPITALITY IN NEW ORLEANS SUPPORTING 25 RESTAURANT AND HOSPITALITY LEADERSHIP TEAMS ENGAGE DEI COHORT SUPPORTING 5 NONPROFIT TEAMS IN THEIR EQUITY AUDIT ASSESSMENT UNIFIED FELLOWS SUPPORTING 4 SCHOOL TEAMS IN THEIR EQUITY AUDIT ASSESSMENT
IN BELOVED COMMUNITY'S FOURTH YEAR WE SUPPORTED 124 ORGANIZATIONS WITH ONGOING FACILITATIONS, TRAINED 556 ORGANIZATIONAL LEADERS IN DIVERSITY, EQUITY AND INCLUSION PRACTICES. WE CELEBRATED THE FOLLOWING IMPACT AND MILESTONES: 1) EQUITY AUDIT TOOL SUITE: IN FY21, 223 ORGANIZATIONS COMPLETED THE EQUITY AUDIT AND 2,766 EMPLOYEES COMPLETED THE EQUITY LENS MAP. RESPONDENTS REPRESENTED ALL THREE TARGET ORGANIZATIONAL TYPES: NONPROFITS/COLLEGES/UNIVERSITIES,(108),K-12 SCHOOLS (93), AND FOR PROFIT BUSINESSES(22). RESPONDENTS EMPLOYED 48209 TO 285536 FULL-TIME STAFF. 2)CAPACITY-BUILDING SERVICES: IN FY21 BELOVED COMMUNITY PROVIDED EQUITY TRAINING FOR 556 ORGANIZATION LEADERS VIA DEEP DIVE ENGAGEMENTS INCLUDING WORKSHOP FACILITATION, LEADERSHIP COACHING, EQUITY WORK PLAN DEVELOPMENT, AND TRAIN-THE TRAINER SUPPORT. 3) COMMUNITIES OF PRACTICE: EQUITY IN SCHOOL COHORT IN INDIANAPOLIS SUPPORTING 5 CHARTER AND INNOVATION SCHOOL FOUNDERS IN THE DEVELOPMENT OF THEIR EQUITY PLANS EQUITY IN SCHOOLS COHORT IN NEW ORLEANS SUPPORTING 7 SCHOOLS AND EDUCATION NONPROFITS EQUITY IN SCHOOLS COHORT IN INDIANAPOLIS SUPPORTING 7 CHARTER AND INNOVATION SCHOOL LEADERSHIP TEAMS EQUITY AT WORK COHORT IN INDIANAPOLIS SUPPORTING 6 NONPROFIT LEADERSHIP TEAMS EQUITY IN SCHOOLS COHORT IN KANSAS CITY SUPPORTING 22 SCHOOL DISTRICT AND LEA LEADERSHIP TEAMS LEADERS OF COLOR COHORT IN NEW ENGLAND SUPPORTING 14 NONPROFIT LEADERSHIP TEAMS EQUITY AT WORK - HOSPITALITY IN NEW ORLEANS SUPPORTING 25 RESTAURANT AND HOSPITALITY LEADERSHIP TEAMS ENGAGE DEI COHORT SUPPORTING 5 NONPROFIT TEAMS IN THEIR EQUITY AUDIT ASSESSMENT UNIFIED FELLOWS SUPPORTING 4 SCHOOL TEAMS IN THEIR EQUITY AUDIT ASSESSMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda J Broussard CEO | OfficerTrustee | 40 | $220,099 |
Darren Isom Director | Trustee | 1 | $0 |
Michael Goetz Director | Trustee | 1 | $0 |
Andrew S Cheng Director | Trustee | 1 | $0 |
Adriane Johnson-Williams 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 | $2,397,773 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,397,773 |
| Total Program Service Revenue | $893,259 |
| 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 | $3,329,768 |
| 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. | $783,192 |
| Compensation of current officers, directors, key employees. | $204,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $63,369 |
| Fees for services: Management | $244,760 |
| 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 | $0 |
| Advertising and promotion | $1,613 |
| Office expenses | $58,688 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,759 |
| All other expenses | $0 |
| Total functional expenses | $1,874,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,491,942 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $168,225 |
| 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 | $1,079 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,661,246 |
| Accounts payable and accrued expenses | $38,343 |
| 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 | $1,719,926 |
| Total liabilities | $1,758,269 |
| Net assets without donor restrictions | $183,051 |
| Net assets with donor restrictions | $1,719,926 |
| 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 | $3,661,246 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Beloved Community has recieved totaling $1,485,020.
| Awarding Organization | Amount |
|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $900,000 |
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: POC-LED GRANT FUND TA PROVIDER | $535,020 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi County Arkansas Economic Opportunity Commission In Blytheville, AR | $4,387,153 | $19,452,667 |
Saisd Historic Preservation Corporation San Antonio, TX | $3,795,273 | $2,962,141 |
Whole Planet Foundation Austin, TX | $10,584,602 | $6,202,281 |
East Central Planning & Development District Inc<410 Decatur St Newton, MS | $22,970,956 | $8,929,943 |
Frazier Revitalization Inc Dallas, TX | $12,774,298 | $14,569,658 |
Corpus Christi Area Convention And Tourist Bureau Inc Corpus Christi, TX | $2,305,137 | $5,577,829 |
Edinburg Economic Development Corporation Edinburg, TX | $67,135,031 | $9,281,578 |
Market Lubbock Economic Development Corporation Lubbock, TX | $8,726,484 | $8,303,064 |
Lubbock Economic Development Alliance Inc Lubbock, TX | $29,508,777 | $13,680,218 |
Northwest Arkansas Economic Development District Inc Harrison, AR | $3,285,809 | $5,390,544 |
Mcallen Economic Development Corporation Mcallen, TX | $25,789,547 | $5,490,638 |
Greater Brownsville Incentives Corporation Brownsville, TX | $32,068,237 | $6,507,551 |