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Louisiana First Foundation Inc

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

EIN: 815192457 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Louisiana First Foundation Inc?

Louisiana First Foundation Inc, based in Baton Rouge, Louisiana, is a nonprofit organization dedicated to enhancing the lives of local children. Their primary focus lies in education, utilizing music, art, and movement as key tools. Beyond this, they extend their support to foster children and those affected by human trafficking within Louisiana. The organization's mission is to enrich the overall development of these children, ensuring a holistic approach to their growth and well-being.


Official website here: www.louisianafirstfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Louisiana First Foundation Inc has a solid Program Expense Ratio of 85.02%, indicating that a significant portion of its expenses is directed towards its programs. Additionally, the organization has a fully independent board, which suggests a commitment to governance and oversight.

However, the rating points to several weaknesses in accountability and financial transparency. Notably, the organization has not provided financial statements, which has resulted in a low score in this area. Furthermore, there are missing policies such as conflict of interest and whistleblower protections, which are critical for ensuring ethical practices.

While the foundation demonstrates strong governance through an independent board and effective program spending, the lack of necessary financial documents and policies could raise concerns among potential donors and stakeholders about overall transparency and accountability. Addressing these issues could enhance the foundation's credibility and rating in the future.


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

Is Louisiana First Foundation Inc legitimate?

Louisiana First Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana First Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.louisianafirstfoundation.com

What is the mission statement of Louisiana First Foundation Inc?

The Louisiana First Foundation Inc's mission is centered around enhancing the lives of children in Louisiana. With a strong focus on education, they prioritize enrichment through the mediums of music, art, and movement. Furthermore, the organization extends its support to foster children and those impacted by human trafficking within the state. Their mission is to enrich the educational experiences of children, providing them with opportunities to grow and develop in a holistic manner. The foundation's activities also involve offering assistance to vulnerable children in need.


Official website here: www.louisianafirstfoundation.com

Who is the CEO of Louisiana First Foundation Inc?

Donna Edwards is the President of Louisiana First Foundation Inc.


Official website here: www.louisianafirstfoundation.com

What is the revenue of Louisiana First Foundation Inc?

Louisiana First Foundation Inc's revenue in 2022 was $647,724.


Official website here: www.louisianafirstfoundation.com

Who are the executives of Louisiana First Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Blair Edwards (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delery Rice (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Mcclelland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.louisianafirstfoundation.com

Where can I find the form 990 for Louisiana First Foundation Inc?

Louisiana First Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.louisianafirstfoundation.com

Learn more at the official website: www.louisianafirstfoundation.com

Mission Statement of Louisiana First Foundation Inc

Louisiana First Foundation Inc, a nonprofit organization, is dedicated to enriching the lives of children in Louisiana. It prioritizes education through various creative outlets such as music, art, and movement. Beyond this, the foundation extends its support to foster children and those affected by human trafficking within the state. The organization's mission is to provide these children with opportunities that can positively impact their development and well-being, ultimately aiming to make a significant difference in their lives.

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Impact




July, 2024

Louisiana First Foundation Inc positively impacts the lives of children in Louisiana by enriching their educational experience through music, art, and movement programs. Additionally, the organization provides essential support to foster children and those affected by human trafficking in the state. Their mission is to enhance the lives of Louisiana's children through creative and engaging initiatives, making a significant difference in the lives of vulnerable youth.




This information is meant to be a general summary of Louisiana First Foundation 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.

Revenue
$647,724 (2022)
Expenses
$432,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,654
  • Gross Receipts: $747,033

Assets and Liabilities:

  • Total Assets: $821,357
  • Total Liabilities: $199,500
  • Net Assets: $621,857

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Organization Details

Founding Year

2016

Principal Officer

Donna Edwards

Main Address

1001 Capitol Access Road, Baton Rouge, LA, 70802

NTEE Category

Code: A25 - Arts

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