Y-Gno Finance Foundation Inc
- Assets
- $0.0
- Revenue
- $204.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 08/2011
- Data as of
- 12/2016
- EIN
- 27-1516979
Organization Overview
Y-Gno Finance Foundation Inc is located in Metairie, LA. The organization was established in 2011. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Y-Gno Finance Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER NEW ORLEANS, LOUISIANA (YMCA GNO).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PARTICIPATE IN THE ACQUISITION AND CONSTRUCTION BY YMCA GNO OF A COMMUNITY FACILITY IN BELLE CHASSE, LOUISIANA, AS PART OF A NEW MARKETS TAX CREDIT TRANSACTION BY ACTING AS A LEVERAGED LENDER TO THE INVESTMENT FUND PROVIDING EQUITY TO THE PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Deblieux President/director | OfficerTrustee | 1 | $0 |
Hans Jonassen Secretary/director | OfficerTrustee | 1 | $0 |
A Kelton Longwell Treasurer/director | OfficerTrustee | 1 | $0 |
Gordon Wadge President/ceo Of Ymca Of G | Officer | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $204,000 |
| 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 | $204,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $199,946 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,054 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,060,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of The South Plains Lubbock, TX | $5,510,037 | $11,639,897 |
Y-Gno Finance Foundation Inc Metairie, LA | $0 | $204,000 |
Kick Drugs Out Of America Foundation Houston, TX | $3,251,630 | $6,283,893 |
Camp For All Foundation Houston, TX | $19,527,838 | $4,309,337 |
Saloc San Antonio, TX | $1,644,193 | $2,786,053 |
15 And The Mahomies Foundation Austin, TX | $499,179 | $1,827,786 |
Out Youth Austin Austin, TX | $1,034,077 | $1,624,599 |
Foles Believe Foundation Inc Austin, TX | $7,202 | $615,088 |
Keller Youth Activities Club Inc Keller, TX | $836,848 | $1,033,391 |
Blueprint Ministries Inc San Antonio, TX | $2,117,372 | $651,529 |
Camp Ozark Foundation Inc Houston, TX | $5,263,341 | $892,584 |
Ahisd Combined Pto Council San Antonio, TX | $707,467 | $843,574 |