RONNIE KOLE FOUNDATION

EIN: 562391119 501(c)(3)

NEW ORLEANS, LA

Total Revenue
$40,302
Total Expenses
$44,638
Total Assets
$7,786
Net Assets
$7,786
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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
2005
Legal Domicile
LA
Principal Officer
ELIZABETH SCHNEIDER
Phone
5044865917
Tax Period
2019-09-01 to 2020-08-31

RONNIE KOLE FOUNDATION, founded in 2005, is a micro nonprofit that reported $40K in total revenue in fiscal year 2019. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 11% operating deficit.

Mission

RAISE FUNDS FOR VARIOUS CHARITIES USING NET RECEIPTS FROM ANNUAL "JAZZ ON THE BAYOU" EVENT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $35,000
Program Service Revenue $0
Investment Income $0
Other Revenue $5,302
TOTAL REVENUE $40,302

Expense Breakdown

Grants Paid $44,100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,100
Other Expenses $538
TOTAL EXPENSES $44,638

Year-over-Year Comparison

2019 2018 Change
Revenue $40,302 $74,768 -0.5%
Expenses $44,638 $71,774 -0.4%
Net Income $-4,336 $2,994 -2.4%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
59

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARDNER KOLE SECRETARY N/A
Officer Director
$0 $0 $0
RONNIE KOLE PRESIDENT N/A
Officer Director
$0 $0 $0
ELIZABETH SCHNEIDER DIRECTOR N/A
Director
$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
2020 $40,302 $44,638 $7,786 $-4,336
2019 $74,768 $71,774 $12,122 $2,994
2018 $67,715 $66,620 $9,128 $1,095
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