German Protestant Orphan Asylum Association
- Assets
- $14.2m
- Revenue
- $560.8k
- Investments
- $13.7m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 12/1943
- Data as of
- 12/2022
- EIN
- 72-0423621
Organization Overview
German Protestant Orphan Asylum Association is located in New Orleans, LA. The organization was established in 1943. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German Protestant Orphan Asylum Association 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 12/2022, German Protestant Orphan Asylum Association generated $560.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $168.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, German Protestant Orphan Asylum Association has awarded 116 individual grants totaling $2,709,058. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Slade Simons President | 1 | $0 | |
Camille Strachan Vice President | 1 | $0 | |
Jane Sumner Trustee | 1 | $0 | |
Ralph Cox Secretary | 1 | $0 | |
Gordon Wadge Trustee | 1 | $0 | |
Barbara Macphee Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $403,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $157,441 |
| Capital Gain Net Income | $157,441 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $560,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,200 |
| Total operating and administrative expenses | $168,676 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $168,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $509,210 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,903,878 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,168,002 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, German Protestant Orphan Asylum Association has awarded $890,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VIA LINK INC PURPOSE: GENERAL PURPOSE | $15,000 |
THE GREATER NEW ORLEANS FOUNDATION PURPOSE: GENERAL PURPOSE | $875,000 |