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The Community Foundation Of North Louisiana

The Community Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 726022365 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Community Foundation Of North Louisiana?

The Community Foundation of North Louisiana is a charitable organization based in Louisiana, dedicated to enhancing the community through philanthropy. By offering a range of charitable funds and gift options, the foundation empowers its partners to realize their vision of a stronger, thriving community. This mission is encapsulated in their commitment to "strengthening the community through philanthropy."


Official website here: www.cfnla.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Stars)

The Community Foundation of North Louisiana has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored exceptionally well in the Accountability & Finance category, achieving a perfect score of 100. This reflects its strong governance practices, including a fully independent board and robust oversight of financial statements, which enhances trust among donors and supports effective fund management.

Strengths of the organization include a very high program expense ratio of 91.90%, showing that a significant portion of its funds is dedicated to program services rather than administrative costs. Additionally, it has an outstanding fundraising efficiency ratio of just $0.03 spent to raise each dollar, highlighting effective fundraising strategies. The organization also maintains a long working capital ratio of 17.65 years, suggesting it is well-positioned to sustain its operations and support its initiatives over the long term.

However, while the organization excels in accountability and financial metrics, its Culture & Community score is somewhat lower at 79. This may indicate areas for improvement in engagement and outreach within its community. Overall, The Community Foundation of North Louisiana demonstrates strong performance in financial stewardship, which is a critical factor for donor confidence and community impact.


This AI summary has been generated from information found on Charity Navigator.

Is The Community Foundation Of North Louisiana legitimate?

The Community Foundation Of North Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of North Louisiana 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $265,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,287

For more financial information, click here


Official website here: www.cfnla.org

What is the mission statement of The Community Foundation Of North Louisiana?

The Community Foundation of North Louisiana works to enhance the community through philanthropy. By offering different charitable funds and gift options, the organization empowers its partners to bring about a stronger and more vibrant community. The Community Foundation serves as a catalyst for positive change, enabling individuals and organizations to make a lasting impact on the community. Through its various initiatives and grant programs, the foundation supports initiatives aimed at improving education, healthcare, arts and culture, and other areas that contribute to community development. Its mission is to facilitate giving and foster collaboration between donors, nonprofits, and community leaders to create lasting solutions for social, economic, and environmental challenges.


Official website here: www.cfnla.org

Who is the CEO of The Community Foundation Of North Louisiana?

Kristi Gustavson is the Ceo of The Community Foundation Of North Louisiana. The CEO's salary of The Community Foundation Of North Louisiana is $154,573 and their total compensation is $163,847.


Official website here: www.cfnla.org

What is the revenue of The Community Foundation Of North Louisiana?

The Community Foundation Of North Louisiana's revenue in 2022 was $15,241,034.


Official website here: www.cfnla.org

Who are the executives of The Community Foundation Of North Louisiana and what are their salaries?

The average compensation at The Community Foundation Of North Louisiana during 2022 was $49,561. There are 13 employees and 7 volunteers at The Community Foundation Of North Louisiana.


Here are 9 key members and their salaries (The Community Foundation Of North Louisiana's CEO's salary is $154,573 and their total compensation is $163,847):


Terry Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas H Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda H Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Gustavson (Ceo)
  • Compensation: $154,573
  • Related: $0
  • Other: $9,274
Paige Carlisle (Cfo)
  • Compensation: $110,439
  • Related: $0
  • Other: $6,626
Lisa C Cronin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Dewitt Caruthers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Edwards Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Kinsey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cfnla.org

Where can I find the form 990 for The Community Foundation Of North Louisiana?

The Community Foundation Of North Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfnla.org

Learn more at the official website: www.cfnla.org

Mission Statement of The Community Foundation Of North Louisiana

The Community Foundation of North Louisiana is a philanthropic organization that strives to enhance the community through charitable giving. With a mission to provide a range of charitable funds and gift options, this foundation empowers its partners to bring about a stronger and more vibrant community.

In their efforts to make a difference, The Community Foundation of North Louisiana offers various charitable funds that cater to the unique visions of its partners. These funds serve as a catalyst for positive change, enabling organizations and individuals to create lasting impact in their communities. By working together, The Community Foundation of North Louisiana and its partners can foster growth and address the pressing needs of their community.

Moreover, The Community Foundation of North Louisiana is dedicated to offering diverse gift options that align with the values and goals of its partners. These gift opportunities not only provide a means for philanthropic giving but also allow for the creation of a lasting legacy. The organization's commitment to collaboration and partnership enables it to help its clients achieve their philanthropic objectives and, in turn, contribute to the betterment of their community.

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Impact




October, 2024

The Community Foundation of North Louisiana strengthens the community through strategic philanthropy by offering a diverse range of charitable funds and gift options. By collaborating with various partners, it helps to realize their visions for a more vibrant and resilient community in Shreveport and beyond. This impact is measured through enhanced resources for local initiatives, fostering collaboration, and ultimately improving the quality of life for residents. Through its efforts, the foundation plays a vital role in mobilizing resources, channeling support to pressing community needs, and empowering individuals and organizations to effect meaningful change.




This information is meant to be a general summary of The Community Foundation Of North Louisiana. 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.

Revenue
$15,241,034 (2022)
Expenses
$10,651,363 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,295,263
  • Gross Receipts: $35,197,890

Assets and Liabilities:

  • Total Assets: $162,443,222
  • Total Liabilities: $10,348,363
  • Net Assets: $152,094,859

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Organization Details

Founding Year

1961

Principal Officer

Kristi Gustavson

Main Address

401 EDWARDS STREET SUITE 105 105, SHREVEPORT, LA, 71101

NTEE Category

Code: T31 - Philanthropy

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