Policy Institute For The Children Of Louisiana Inc
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 6
- Location
- New Orleans, LA
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-4487461
Organization Overview
Policy Institute For The Children Of Louisiana Inc is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 06/2022, Policy Institute For The Children Of Louisiana Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Policy Institute For The Children Of Louisiana 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 06/2022, Policy Institute For The Children Of Louisiana Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 27.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCES POLICIES TO ENSURE THAT LOUISIANA'S YOUNG CHILDREN ARE READY FOR SUCCESS IN SCHOOL AND IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP POLICY PROPOSALS INFORMED BY DATA, RESEARCH, BEST PRACTICES AND THE EXPERIENCES OF OTHER STATES FOR IMPROVING THE OUTCOMES OF LOUISIANA'S YOUNG CHILDREN, AND TO PROVIDE EDUCATIONAL AND OUTREACH ACTIVITIES AROUND THESE RECOMMENDED POLICY SOLUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Libbie Sonnier PHD Executive Director | Officer | 40 | $129,150 |
Drew Chapman CPA Treasurer | OfficerTrustee | 2 | $0 |
Mary Leach Werner President | OfficerTrustee | 2 | $0 |
Dionne Rousseau JD Immediate Past President | OfficerTrustee | 2 | $0 |
Julie Morial MD Vice President | OfficerTrustee | 2 | $0 |
Vince Jackson Secretary | OfficerTrustee | 2 | $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 | $1,913,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,913,664 |
| Total Program Service Revenue | $0 |
| Investment income | $15,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,553 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,950,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $339,500 |
| 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. | $132,300 |
| Compensation of current officers, directors, key employees. | $19,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,926 |
| Payroll taxes | $29,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,032 |
| Fees for services: Lobbying | $66,053 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $854,951 |
| Advertising and promotion | $0 |
| Office expenses | $71,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $53,574 |
| 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 | $7,545 |
| All other expenses | $12,803 |
| Total functional expenses | $1,889,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,197 |
| Savings and temporary cash investments | $200,010 |
| Pledges and grants receivable | $193,800 |
| 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 | $1,302 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $977,025 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,895,334 |
| Accounts payable and accrued expenses | $148,899 |
| 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 | $148,899 |
| Net assets without donor restrictions | $941,424 |
| Net assets with donor restrictions | $805,011 |
| 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 | $1,895,334 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Policy Institute For The Children Of Louisiana Inc has recieved totaling $2,058,628.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $1,000,000 |
Alliance For Early Success Washington, DC | | $330,000 |
Pritzker Family Foundation Chicago, IL PURPOSE: COLLABORATION TO SUPPORT EARLY CHILDHOOD DEVELOPMENT | $166,500 |
Pritzker Family Foundation Chicago, IL PURPOSE: COLLABORATION TO SUPPORT EARLY CHILDHOOD DEVELOPMENT | $166,500 |
Pritzker Family Foundation Chicago, IL PURPOSE: COLLABORATION TO SUPPORT EARLY CHILDHOOD DEVELOPMENT | $100,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FUND RAISING & FUND DISTRIBUTION | $93,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Policy Institute For The Children Of Louisiana Inc New Orleans, LA | $1,895,334 | $1,950,006 |
Austin Institute For The Study Of Family And Culture Austin, TX | $1,120,575 | $585,745 |
Center For Advanced Design Research And Evaluation Dallas, TX | $70,776 | $0 |
Texas Islamic Community Center Houston, TX | $900,027 | $70,975 |
Legislative Drafting Institute For Child Protection Baton Rouge, LA | $51,237 | $0 |
El Dorado Pride Foundation Inc El Dorado, AR | $6,903 | $0 |