Overview
What is New Orleans Bowl Inc?
New Orleans Bowl Inc is a nonprofit organization that actively promotes national sports competitiveness by organizing an annual college football Bowl game. This event brings together two teams from the National Collegiate Athletic Association, taking place in Metairie, Louisiana. The primary mission of New Orleans Bowl Inc is to foster and celebrate this national sports competition, providing an exciting and unforgettable experience for both the participating teams and the passionate fans.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
New Orleans Bowl Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 75% overall, with its score derived entirely from its Accountability & Finance metrics. This rating reflects a strong commitment to transparency and responsible financial management in its most recent fiscal year.
Strengths of New Orleans Bowl Inc include a majority of independent board members and a strong financial ratio, with liabilities to assets at just 2.73%. The organization has effectively put in place conflict of interest policies and maintains documented board meeting minutes, which further enhance its governance practices. Additionally, the program expense ratio of 93.62% suggests that the majority of its resources are directed towards its mission.
While the rating is favorable, it solely focuses on Accountability & Finance, which may limit insights into the organization's impact and effectiveness in achieving its mission. Overall, New Orleans Bowl Inc demonstrates high standards of governance, but potential donors may wish to look for additional information regarding its programmatic outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is New Orleans Bowl Inc legitimate?
New Orleans Bowl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Bowl Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of New Orleans Bowl Inc?
New Orleans Bowl Inc's mission is centered around promoting national sports competition. They accomplish this by organizing an annual college football Bowl game, inviting teams from the National Collegiate Athletic Association to participate. This event serves as a platform for showcasing athletic talent and fostering friendly competition on a national level. By hosting this Bowl game, New Orleans Bowl Inc contributes to the excitement and camaraderie that surrounds college football.
Who is the CEO of New Orleans Bowl Inc?
William Ferrante is the Member of New Orleans Bowl Inc.
What is the revenue of New Orleans Bowl Inc?
New Orleans Bowl Inc's revenue in 2023 was $2,275,122.
Who are the executives of New Orleans Bowl Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for New Orleans Bowl Inc?
New Orleans Bowl Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Orleans Bowl Inc
New Orleans Bowl Inc, as a renowned organization, is committed to fostering national sports competition. It achieves this mission by organizing an annual college football Bowl game. This event brings together two esteemed members of the National Collegiate Athletic Association, creating a platform for intense competition and sportsmanship. By hosting this event, New Orleans Bowl Inc contributes to the national sports scene, providing an exciting and competitive atmosphere for athletes and fans alike.
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Impact
July, 2024
New Orleans Bowl Inc fosters national sports competition by organizing a college football Bowl game between two members of the national collegiate athletic association, held in Metairie, LA. This event not only provides a platform for talented athletes to showcase their skills on a national stage but also brings together fans and supporters from across the country. The impact of New Orleans Bowl Inc can be seen in the excitement generated around the game, the economic boost it provides to the local community, and the promotion of sportsmanship and camaraderie among participants and spectators alike.
This information is meant to be a general summary of New Orleans Bowl Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $22,931
- Program Service Revenue: $1,403,684
- Gross Receipts: $2,275,122
Assets and Liabilities:
- Total Assets: $2,218,361
- Total Liabilities: $60,656
- Net Assets: $2,157,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$1,153,186
TV & RADIO REVENUE
Revenue
$231,525
SPECIAL EVENTS
Revenue
$18,973
Organization Details
Founding Year
2001
Phone
(504) 525-5678Principal Officer
William Ferrante
Main Address
320 METAIRE HAMMOND HIGHWAY STE 300, METAIRIE, LA, 70005
NTEE Category
Code: N70 - Recreation
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