New Orleans School Facility Finance Foundation

Organization Overview

New Orleans School Facility Finance Foundation is located in New Orleans, LA. The organization was established in 2014. 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. New Orleans School Facility Finance 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 12/2021, New Orleans School Facility Finance Foundation generated $1.3m 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 (22.4%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENTER INTO AGREEMENTS AND TO ENGAGE IN FINANCING ARRANGEMENTS FOR THE PLANNING, RENOVATION, CONSTRUCTION, LEASING, SUBLEASING, MANAGING, AND IMPROVING OF PUBLIC AND/OR CHARTER SCHOOLS AND SCHOOL PROPERTY WITHIN THE PARISH OF NEW ORLEANS, LOUISIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALEXANDER ELEMENTARY SCHOOL - NEW ORLEANS, LOUISIANABOOKER T. WASHINGTON SCHOOL - NEW ORLEANS, LOUISIANANEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION, INC. - NEW ORLEANS, LOUISIANA


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Board, Officers & Key Employees

Name (title)Compensation
Wil Jacobs
Chair
$0
Kyle Walker
Treasurer-Secretary
$0
Mary Elizabeth Evans
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $201,586
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $201,586
Total Revenue from Contributions, Gifts, Grants & Similar$201,586
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $967,606
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 $1,309,211

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