Community Improvement (S01) IRS Verified DX Registered 990 on File

FRIENDS OF LAFITTE CORRIDOR INC

EIN: 20-5295500 · NEW ORLEANS, LA 70179-1727 · United States · FY 2024 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 65/100

Reliability (20%) 50/100

Effectiveness (25%) 83/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Friends of Lafitte Greenway works to build, program, and promote the Lafitte Greenway as a great public space.

Financial Overview — FY 2024

$371K

Total Revenue

$499K

Total Expenses

$230K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 83.3%

Fundraising Efficiency 935.1%

Operating Reserve 5.55x

Liability-to-Asset 28.6%

Revenue Diversification 95.2%

Executive Compensation $95K

Compared with Peers

FY 2024

Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	83.3%	83.7%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	9.9%	13.2%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	6.8%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	935.1%	10.2%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	5.6 mo	11.3 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	28.6%	3.1%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	95.2%	92.2%	P10P90	Below median
Revenue growth Year over year revenue growth	-29.0%	7.1%	P10P90
Expense growth Year over year expense growth	-3.9%	9.1%	P10P90
Surplus margin Surplus as a share of revenue	-34.4%	2.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$371K	$499K	$230K	83.3%	4
2023	$523K	$519K	$358K	84.1%	4
2022	$434K	$432K	$355K	84.7%	6
2021	$400K	$264K	N/A	—	6

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Organization Details

EIN: 20-5295500
State: LA
City: NEW ORLEANS
ZIP: 70179-1727
Classification: S01
Category: Community Improvement
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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