MADE IN NEW ORLEANS FOUNDATION INC

EIN: 274186342 501(c)(3) Human Services

NEW ORLEANS, LA

Total Revenue
$174,348
Total Expenses
$158,742
Total Assets
$49,697
Net Assets
$-47,596
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
LA
Principal Officer
LAUREN DARNELL
Phone
5042988504
Tax Period
2022-12-01 to 2023-11-30

MADE IN NEW ORLEANS FOUNDATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $174K in total revenue in fiscal year 2022. Expenses of $159K left a modest 9% surplus.

Mission

MADE IN NEW ORLEANS FOUNDATION (MINO) ENVISIONS A NEW ORLEANS HOSPITALITY INDUSTRY THAT LEADS THE WORLD IN GROWING, SUPPORTING, AND FINANCING THE SUCCESS OF PEOPLE OF COLOR. WE USE A MULTIDISCIPLINARY APPROACH TO ADDRESS, AMELIORATE, AND ELIMINATE DISPARITIES FACING HOSPITALITY PROFESSIONALS OF COLOR. AT THE INDIVIDUAL LEVEL, WE PROVIDE EDUCATIONAL RESOURCES, INDIVIDUAL MENTORSHIP AND SCHOLARSHIPS, AND BUSINESS COACHING. AT THE INDUSTRY LEVEL, WE AMPLIFY THE VOICES OF PROFESSIONALS OF COLOR AND PROVIDE SUPPORT TO HOSPITALITY COMPANIES THAT ARE SEEKING TO ELIMINATE BIAS AND DISPARITIES IN THEIR ORGANIZATIONS. MINO IS A 501(C)3 NON-PROFIT ORGANIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $123,523
Program Service Revenue $16,344
Investment Income $0
Other Revenue $34,481
TOTAL REVENUE $174,348

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,198
Fundraising Expenses $0
Program Expenses $86,961
Other Expenses $51,544
TOTAL EXPENSES $158,742

Year-over-Year Comparison

2022 2021 Change
Revenue $174,348 $171,813 +0.0%
Expenses $158,742 $186,457 -0.1%
Net Income $15,606 $-14,644 -2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYRENA JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
L BLAKE JONES BOARD MEMBER 2.00
Director
$0 $0 $0
JORDAN MITCHELL BOARD MEMBER 2.00
Director
$0 $0 $0
NICOLE WASHINGTON BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER WEISHAUPT BOARD MEMBER 2.00
Director
$0 $0 $0
MARTHA WIGGINS BOARD MEMBER 2.00
Director
$0 $0 $0
LAUREN DARNELL EXECUTIVE DI 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $174,348 $158,742 $49,697 $15,606
2022 $171,813 $186,457 $41,998 $-14,644
2021 $213,488 $226,872 $123,934 $-13,384
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