Louise S Mcgehee School

Organization Overview

Louise S Mcgehee School is located in New Orleans, LA. The organization was established in 1937. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Louise S Mcgehee School employed 257 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louise S Mcgehee School 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, Louise S Mcgehee School generated $15.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $14.3m during the year ending 06/2022. While expenses have increased by 0.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LOUISE S. MCGEHEE SCHOOL PROVIDES EACH GIRL WITH THE FOUNDATION TO REALIZE HER INDIVIDUAL POTENTIAL THROUGH A RIGOROUS ACADEMIC EDUCATION GUIDED BY HONOR, SERVICE AND LEADERSHIP. IN THIS DYNAMIC, INCLUSIVE COMMUNITY, STUDENTS DEVELOP LIFELONG LEARNING SKILLS THROUGH THE USE OF CRITICAL AND ETHICAL THINKING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LOUISE S. MCGEHEE SCHOOL USED TRADITIONAL AND INNOVATIVE TEACHING STRATEGIES TO PROVIDE AN EXCEPTIONAL LEARNING EXPERIENCE TO 464 YOUNG WOMEN ATTENDING PRE-K THROUGH TWELFTH GRADE, AND 172 YOUNG CHILDREN IN LITTLE GATE EARLY CHILDHOOD DEVELOPMENT, FOR A TOTAL OF 636 STUDENTS DURING THE 2021-2022 ACADEMIC YEAR. THE EXPENSES OF THE EXEMPT PURPOSE OF THE SCHOOL WERE NECESSARY TO SUPPORT NEED-BASED FINANCIAL ASSISTANCE, FACULTY SALARIES AND BENEFITS, TECHNOLOGY UPGRADES, SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, MATH, AND SPECIAL PROGRAMS AND ACTIVITIES TO A DIVERSE POPULATION OF GIRLS IN THE GREATER NEW ORLEANS AREA.


FINANCIAL AID FOR 144 STUDENTS ENCOMPASSING ALL GRADE LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Field-Marvin
Headmistress
$317,823
Brittanee Baer
Chief Operating Officer
$116,286
Laura Shields
Board Chair
$0
J Randolph Bryan
Treasurer
$0
Caroline Monsted Brady
Member At Large
$0
Charlee Williamson
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jrs Extreme Cleaning Service
Cleaning
$331,491
Healthy Course Meals And Supplements
Meal Services
$468,068
Baker Donelson Bearman Caldwell And B
Legal Services
$112,543
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$45,163
Related organizations$0
Government grants $93,546
All other contributions, gifts, grants, and similar amounts not included above$1,564,538
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,703,247
Total Program Service Revenue$13,285,394
Investment income $31,466
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $181,321
Net Income from Fundraising Events $51,440
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,252,868

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Louise S Mcgehee School has recieved totaling $832,746.

Awarding OrganizationAmount
The Greater New Orleans Foundation

New Orleans, LA

PURPOSE: EDUCATION

$352,867
Edward G Schlieder Educational Foundation

New Orleans, LA

PURPOSE: CAMPUS MASTER PLAN AND SPRINKLER SYSTEM INSTALLATIONS

$200,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$138,750
Ochsner Clinic Foundation

New Orleans, LA

PURPOSE: GENERAL ASSISTANCE

$55,000
Lois And Lloyd Hawkins Jr Foundation

New Orleans, LA

PURPOSE: DONATION TO SUPPORT EDUCATION IN THE NEW ORLEANS AREA

$25,000
Elise M Cambon Residuary Charitable Tr

New Orleans, LA

PURPOSE: GENERAL SUPPORT

$22,884
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,119,163
Earnings-$1,842,024
Net Contributions$188,049
Ending Balance$6,465,188

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$31,929,734
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$28,063,566
Lafayette Charter Foundation Inc
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$27,089,084

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