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Nonprofit · EIN 46-3775207

NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION

Tax-exempt · NEW ORLEANS, LA 70112

Financials

$561K$2.7M2023$251K$50.8M2024
Revenue Expenses · by fiscal year end
Financials of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$250,740$50,846,053-$50,595,313$122,160$83,318$38,842
December 31, 2023990$561,094$2,655,180-$2,094,086$70,967,604$20,240,306$50,727,298
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
$250,740
Other revenue
$250,740

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$17,640
Depreciation
$1,108,610
Program services (functional)
$50,846,053

Balance sheet and other

Total assets, start of year
$70,967,604
Total assets, end of year
$122,160
Total liabilities, end of year
$83,318
Net assets, end of year
$38,842
Net assets without donor restrictions
$38,842
Gross receipts
$250,740
Employees
0
Volunteers
0
Year formed
2013
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WIL JACOBSCHAIR
Trustee or director, Officer
1$0
KYLE WALKERTREASURER-SECRETARY
Trustee or director, Officer
1$0
NICHOLAS LACOURBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
WIL JACOBSCHAIR
Trustee or director, Officer
1$0
KYLE WALKERTREASURER-SECRETARY
Trustee or director, Officer
1$0
NICHOLAS LACOURBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
812 GRAVIER ST STE 360B, NEW ORLEANS, LA 70112-1445
In care of
% RAMSEY GREEN
Principal officer (990 for 2024)
WIL JACOBS, 812 GRAVIER ST STE 360B, NEW ORLEANS, LA 70112
Signed the 990
WIL JACOBS, CHAIR
Phone
(504) 373-6200
Return prepared by
NOVOGRADAC & COMPANY LLP

Mission

TO ENTER INTO AGREEMENTS AND TO ENGAGE IN FINANCING ARRANGEMENTS FOR THE PLANNING, RENOVATION, CONSTRUCTION, LEASING, SUBLEASING, MANAGING, AND IMPROVING OF PUBLIC AND/OR CHARTER SCHOOLS AND SCHOOL PROPERTY WITHIN THE PARISH OF NEW ORLEANS, LOUISIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • BOOKER T. WASHINGTON SCHOOL - NEW ORLEANS, LOUISIANANEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION, INC. - NEW ORLEANS, LOUISIANA
    Expenses $50,846,053 · revenue $250,740

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3775207
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$122,160
Income (IRS master file)
$250,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$250,740$50,846,053$122,160XML
990December 2023$561,094$2,655,180$70,967,604XML
990December 2022$1,335,542$3,454,939$101,442,783IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3775207).

Questions about NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION

What is the EIN of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION?
The employer identification number (EIN) of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION is 46-3775207.
Is NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION?
The 990 for the year ended December 31, 2024 names WIL JACOBS.
Who are the officers and directors of NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does NEW ORLEANS SCHOOL FACILITY FINANCE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $250,740, expenses of $50,846,053 and total assets of $122,160 at year end.

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