MID CITY REDEVELOPMENT ALLIANCE

EIN: 721196990 501(c)(3) Community Improvement

BATON ROUGE, LA

Total Revenue
$646,288
Total Expenses
$919,534
Total Assets
$2,525,859
Net Assets
$1,586,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
LA
Principal Officer
SHERVISA SULLIVAN
Phone
2253461000
Tax Period
2024-01-01 to 2024-12-31

MID CITY REDEVELOPMENT ALLIANCE, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $646K in total revenue in fiscal year 2024. Expenses of $920K exceeded revenue, resulting in a 42% operating deficit.

Mission

THE MISSION OF MID CITY REDEVELOPMENT ALLIANECE IS TO DEVELOP AND PROMOTE THE GROWTH AND RENEWAL OF MID CITY BATON ROUGE BY ATTRACTING NEW AND RETAINING CURRENT RESIDENTS AND BUSINESSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $572,442
Program Service Revenue $2,736
Investment Income $6,517
Other Revenue $64,593
TOTAL REVENUE $646,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $508,474
Fundraising Expenses $57,502
Program Expenses $674,642
Other Expenses $411,060
TOTAL EXPENSES $919,534

Year-over-Year Comparison

2024 2023 Change
Revenue $646,288 $680,117 0.0%
Expenses $919,534 $1,027,218 -0.1%
Net Income $-273,246 $-347,101 -0.2%
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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Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
75

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
5
$103,503
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE PLEASANT BOARD CHAIR 2.00
Officer Director
$0 $0 $0
CANDACE FORD VICE CHAIR 2.00
Officer Director
$0 $0 $0
JEFF ENGLISH SECRETARY 2.00
Officer Director
$0 $0 $0
JACKIE PATIN TREASURER 2.00
Officer Director
$0 $0 $0
REX CABANISS DIRECTOR 1.00
Director
$0 $0 $0
MELITA HATCH DIRECTOR 1.00
Director
$0 $0 $0
JOHN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
DARLENE WINNFIELD JARVIS DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE BORCK DIRECTOR 1.00
Director
$0 $0 $0
AMANDA CARLIN DIRECTOR 1.00
Director
$0 $0 $0
SHERVISA SULLIVAN EXECUTIVE DIRECTOR 40.00
Officer
$94,814 $8,689 $103,503
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
2024 $646,288 $919,534 $2,525,859 $-273,246
2023 $680,117 $1,027,218 $2,194,836 $-347,101
2022 $991,579 $1,112,836 $2,843,335 $-121,257
2021 $1,540,234 $1,380,711 $2,797,579 $159,523
2020 $1,077,275 $1,054,451 $2,561,717 $22,824
2019 $1,261,332 $1,196,640 $2,189,288 $64,692
2018 $1,196,694 $1,064,858 $1,981,548 $131,836
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