Bayou Community Foundation
- Assets
- $5.6m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Houma, LA
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-2205950
Organization Overview
Bayou Community Foundation is located in Houma, LA. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Bayou Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayou Community 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 12/2023, Bayou Community Foundation generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 58.9% per year over the past 5 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.
Since 2019, Bayou Community Foundation has awarded 166 individual grants totaling $6,233,156. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BAYOU COMMUNITY FOUNDATION WAS CREATED TO STRENGTHEN HUMAN SERVICES, EDUCATION/WORKFORCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAYOU COMMUNITY FOUNDATION CONTINUED TO RESPOND TO HURRICANE IDAS 2021 LANDFALL IN LAFOURCHE, TERREBONNE AND GRAND ISLE WITH GRANTS AWARDED TO NONPROFITS TO DELIVER HURRICANE RECOVERY SERVICES AND AN AGGRESSIVE HOUSING RECOVERY PROGRAM THAT CAPITALIZED ON PHILANTHROPY AND VOLUNTEERS TO PROVIDE NEW HOMES AND HOME REPAIRS TO UNDER-RESOURCED, INCOME- CONTRAINED RESIDENTS MOST IMPACTED BY THE STORM. BAYOU COMMUNITY FOUNDATION PARTNERED WITH VOLUNTEER GROUPS TO BUILD AND REPAIR HOMES AND BUILDINGS FOR HURRICANE IDA SURVIVORS IN THE COMMUNITIES OF DULAC AND GRAND ISLE IN 2023.
BAYOU COMMUNITY FOUNDATION HOSTED THE FIFTH ANNUAL BAYOU REGION NONPROFIT CONFERENCE ON AUGUST 10, 2023, AT FLETCHER TECHNICAL COMMUNITY COLLEGE IN SCHRIEVER, LA. OVER 100 STAFF AND BOARD MEMBERS FROM LOCAL NONPROFITS AND FOUNDATIONS ATTENDED THE CONFERENCE AND PARTICIPATED IN SESSIONS FOCUSED ON BUILDING A STRONG AND SUSTAINABLE NONPROFIT, CULTIVATING A DIVERSE AND ENGAGED GOVERNING BOARD, ETC.
IN 2023, BAYOU COMMUNITY FOUNDATION AWARDED GRANTS TO 32 NONPROFITS WORKING IN LAFOURCHE, TERREBONNE AND GRAND ISLE AS PART OF THE FOUNDATIONS 2023 ANNUAL NONPROFIT GRANTS PROGRAM. THE PROGRAM HELPS TO FILL UNMET NEEDS IN THE COMMUNITY RELATED TO HUMAN SERVICES, EDUCATION, WORKFORCE DEVELOPMENT AND COASTAL AWARENESS.
IN 2023, BAYOU COMMUNITY FOUNDATION CONDUCTED A COMMUNITY NEEDS ASSESSMENT AND DEVELOPED A 5-YEAR STRATEGIC PLAN TO MOST EFFECTIVELY FILL CRITICAL NEEDS IN LAFOURCHE PARISH, TERREBONNE PARISH, AND GRAND ISLE, LOUISIANA. THE FOUNDATION ALSO HOSTED A TOUR OF NON-PROFITS FOR DONORS, THE BAYOU REGION NONPROFIT CONFERENCE, THE BAYOU REGION HUNGER SUMMITT AND A WORKSHOP ON LEGAL AND FINANCIAL COMPLIANCE TO STRENGTHEN THE OPERATIONAL CAPACITY AND EFFECTIVENESS OF LOCAL NON-PROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Lafont President | OfficerTrustee | 1 | $0 |
Richard Watkins Vice President | OfficerTrustee | 1 | $0 |
Edward Bouterie Secretary/treasure | OfficerTrustee | 1 | $0 |
Bonnie Brady Babin Board Member | Trustee | 0.5 | $0 |
James J Buquet III Board Member | Trustee | 0.5 | $0 |
Charles M Callais Board Member | Trustee | 0.5 | $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 | $4,425,957 |
| Noncash contributions included in lines 1a–1f | $44,498 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,425,957 |
| Total Program Service Revenue | $46,937 |
| Investment income | $45,663 |
| 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 | $4,518,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,061,899 |
| 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. | $80,250 |
| Compensation of current officers, directors, key employees. | $80,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,638 |
| Fees for services: Management | $26,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,450 |
| Office expenses | $6,523 |
| Information technology | $2,771 |
| Royalties | $0 |
| Occupancy | $7,650 |
| Travel | $8,351 |
| 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 | $2,197 |
| All other expenses | $2,977 |
| Total functional expenses | $3,267,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,883,456 |
| Savings and temporary cash investments | $37,905 |
| 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 | $2,655,927 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,783 |
| Total assets | $5,593,071 |
| Accounts payable and accrued expenses | $12,123 |
| 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 | $12,123 |
| Net assets without donor restrictions | $1,367,621 |
| Net assets with donor restrictions | $4,213,327 |
| 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 | $5,593,071 |
Grants Awarded
Over the last fiscal year, Bayou Community Foundation has awarded $2,850,187 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE OF RESTORATION PURPOSE: Purchase of new diesel work truck to support client work program | $10,000 |
BAYOU CIVIC CLUB PURPOSE: Replace damaged exterior door and locks at Larose Civic Center | $15,000 |
BAYOU YOUTH EQUITY FOUNDATION PURPOSE: Food distributed at Moms Pantry in Lafourche & Terrebonne public schools | $10,000 |
BUNKHOUSE SHELTER INC PURPOSE: Emergency shelter and hot meals for homeless in Terrebonne & Lafourche | $10,000 |
CASA OF TERREBONNE PURPOSE: Recruitment and training for new CASA volunteers | $12,000 |
CROSSROADS PREGNANCY RESOURCE CENTER PURPOSE: Parenting program and emergency fund for clients in crisis | $15,000 |