FRIENDS OF TREME CULTURE

EIN: 844072231 501(c)(3) Arts, Culture & Humanities

New Orleans, LA

Total Revenue
$218,943
Total Expenses
$178,337
Total Assets
$154,821
Net Assets
$159,821
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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
2019
Legal Domicile
LA
Principal Officer
Naydja Bynum
Phone
5045547250
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF TREME CULTURE, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $219K in total revenue in fiscal year 2023. The organization ran a surplus of $41K, a strong 19% operating margin.

Mission

Highlight the rich culture and history of the Tremé community.

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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 $175,557
Program Service Revenue $43,386
Investment Income $200
Other Revenue $-200
TOTAL REVENUE $218,943

Expense Breakdown

Grants Paid $78,288
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $135,294
Other Expenses $100,049
TOTAL EXPENSES $178,337

Year-over-Year Comparison

2023 2022 Change
Revenue $218,943 $216,132 +0.0%
Expenses $178,337 $96,717 +0.8%
Net Income $40,606 $119,415 -0.7%
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
4
Independent Members
4
Employees
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Naydja Bynum President, Director 5
Director
$0 $0 $0
Adolph Bynum Treasurer, Director 5
Director
$0 $0 $0
Alonzo Knox Vice-president 5
Director
$0 $0 $0
Jessica Knox Secretary, Director 5
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
2024 No data No data No data No data
2023 $218,943 $178,337 $154,821 $40,606
2022 $216,132 $96,717 $119,415 $119,415
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