Sprout Nola
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- New Orleans, LA
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 83-1237849
Organization Overview
Sprout Nola is located in New Orleans, LA. The organization was established in 2018. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Sprout Nola employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sprout Nola 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, Sprout Nola generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.3% each year . All expenses for the organization totaled $598.7k during the year ending 12/2022. 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
WE SUPPORT ESTABLISHED AND DEVELOPING FARMERS IN OUR COMMUNITY WITH TECHNICAL AND SOCIAL SUPPORT TO BUILD A STRONGER, MORE EQUIPPED COMMUNITY OF GROWERS IN NEW ORLEANS AND HELP ALL NEW ORLEANIANS BE PART OF A COMMUNITY FOOD SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FARMER TRAINING/TECHNICAL ASSISTANCE - SPROUT SUPPORTS ORGANIZATIONS THAT HELP FARMERS OF MANY DIFFERENT SCALES. IN PARTNERSHIP WITH LSU, ACADIANA FOOD ALLIANCE, AND THE CRESCENT CITY FARMER'S MARKET, WE FACILITATE GROW LA, A USDA BEGINNING FARMER AND RANCHER DEVELOPMENT PROGRAM. WE SUPPLEMENT GROW LA WITH COMMUNITY CLASSES, OFFICE HOURS, COMMUNITY SUPPORT, AND WORKSHOPS. FOR MORE ESTABLISHED FARMERS, WE HELP FACILITATE CRAFT, A COALITION OF FARMERS WHO MEET TO DISCUSS THEIR BUSINESSES AND SHARE IDEAS TO BECOME MORE SUCCESSFUL, ALL WHILE BUILDING COMMUNITY AROUND LOCAL AGRICULTURE.
COMMUNITY GARDENING - WE FACILITATE A COMMUNITY GARDEN ON-SITE AT THE REFRESH PROJECT. THIS 30+ MEMBER GARDEN BUILDS BONDS BETWEEN NEIGHBORS WITH PROGRAMMING FOUR DAYS A WEEK (SEPTEMBER-JUNE) AND A MONTHLY GARDENER POTLUCK. BY CREATING SOCIAL SPHERES THAT REVOLVE AROUND HEALTHY, LOCAL FOOD, WE TAKE A HOLISTIC APPROACH TO NUTRITIONAL JUSTICE, ENCOURAGING PEOPLE TO ENJOY EVERY STEP OF THE PROCESS OF FOOD.
FARMER'S MARKET - OUR FARMER'S MARKET AND TRUCK FARM TABLE ARE OUTLETS FOR SMALL-SCALE FARMERS TO SELL THEIR GOODS AND KEEP ALL THE PROFITS. IN A FOOD SYSTEM THAT OFTEN EXPLOITS ITS FARMERS, IT IS IMPORTANT TO MAINTAIN THESE MARKETPLACES WHICH ARE DESIGNED WITH THE FARMER IN MIND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marguerette Green Executive Director | Officer | 50 | $74,000 |
Devon Turner Chair | OfficerTrustee | 2 | $0 |
Emily Mickley Doyle Member | Trustee | 2 | $0 |
Caryn Blair Member | Trustee | 2 | $0 |
Shani Christopher Secretary | OfficerTrustee | 2 | $0 |
Monte Shalett Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,318 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,089,496 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,184,814 |
| Total Program Service Revenue | $1,515 |
| Investment income | $3,921 |
| 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 | $1,197,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $258,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,000 |
| Compensation of current officers, directors, key employees. | $14,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,372 |
| Pension plan accruals and contributions | $8,952 |
| Other employee benefits | $11,478 |
| Payroll taxes | $13,189 |
| Fees for services: Management | $22,759 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,225 |
| Advertising and promotion | $1,478 |
| Office expenses | $5,982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,584 |
| Travel | $1,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,050 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,862 |
| All other expenses | $3,415 |
| Total functional expenses | $598,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,156 |
| Savings and temporary cash investments | $868,555 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $11,111 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $1,191,822 |
| Accounts payable and accrued expenses | $448 |
| 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 | $198,872 |
| Total liabilities | $199,320 |
| Net assets without donor restrictions | $992,502 |
| Net assets with donor restrictions | $0 |
| 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 | $1,191,822 |