Significant Educators dba Bethune Elementary

EIN: 822307369 501(c)(3) Education

New Orleans, LA

Total Revenue
$18,207,820
Total Expenses
$11,831,884
Total Assets
$24,451,197
Net Assets
$23,403,773
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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

Legal Domicile
LA
Tax Period
2023-07-01 to 2024-06-30

Significant Educators dba Bethune Elementary is a mid-sized nonprofit in the Education sector that reported $18.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $6.4M, a strong 35% operating margin.

Mission

It is Bethune's mission to increase academic success by promoting educational development for ALL learners.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,251,282
Program Service Revenue $8,922,733
Investment Income $33,805
Other Revenue $0
TOTAL REVENUE $18,207,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,627,294
Fundraising Expenses $0
Program Expenses $11,118,078
Other Expenses $4,204,590
TOTAL EXPENSES $11,831,884

Year-over-Year Comparison

2023 2022 Change
Revenue $18,207,820 $19,635,622 -0.1%
Expenses $11,831,884 $9,770,602 +0.2%
Net Income $6,375,936 $9,865,020 -0.4%
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
9
Independent Members
9
Employees
122
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
5
$170,747
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary C Haynes-Smith Principal 40.00
Officer
$170,747 $0 $170,747
Crystal Lafrance Asst Principal 40.00
$126,780 $31,204 $157,984
Amanda Broussard Asst Principal 40.00
$112,787 $28,168 $140,955
Frank Williams President 1.00
Officer Director
$0 $0 $0
Antoniette Boissiere Vice President 1.00
Officer Director
$0 $0 $0
Leslie Garibaldi Secretary 1.00
Officer Director
$0 $0 $0
Melrose Biagas Board Member 1.00
Director
$0 $0 $0
David Bocage Treasurer 1.00
Officer Director
$0 $0 $0
Brandon Boyd Board Member 1.00
Director
$0 $0 $0
Demetric Mercadel Board Member 1.00
Director
$0 $0 $0
Cyril Saulny Board Member 1.00
Director
$0 $0 $0
Mary Laurie Board Member 1.00
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
2025 No data No data No data No data
2024 $18,207,820 $11,831,884 $24,451,197 $6,375,936
2023 $19,635,622 $9,770,602 $18,077,526 $9,865,020
2022 $10,695,397 $8,737,195 $8,332,343 $1,958,202
2021 $9,161,097 $7,191,636 $5,838,800 $1,969,461
2020 $8,152,066 $6,871,028 $4,508,852 $1,281,038
2019 $7,898,022 $6,849,567 $2,200,712 $1,048,455
2018 $444,373 $20 $444,353 $444,353
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