Nonprofit · EIN 72-6022365
COMMUNITY FOUNDATION OF NORTH LOUISIANA
Tax-exempt · SHREVEPORT, LA 71101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,609,748 | $13,194,152 | $15,415,596 | $193,177,949 | $11,669,614 | $181,508,335 |
| December 31, 2023 | 990 | $18,524,782 | $12,274,398 | $6,250,384 | $183,016,377 | $11,488,346 | $171,528,031 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,897,119
- Membership dues
- $250,930
- Program service revenue
- $0
- Investment income
- $20,061,895
- Royalties
- $538,657
- Net rental income
- -$9,509
- Net gain from sales of assets
- $15,176,310
- Other revenue
- $650,734
Expenses
- Grants and similar amounts paid
- $11,555,322
- Compensation of officers, directors and key employees
- $307,800
- Other salaries and wages
- $390,837
- Salaries, compensation and benefits (total)
- $830,121
- Professional fundraising fees
- $0
- Accounting fees
- $57,664
- Occupancy
- $98,379
- Travel
- $17,927
- Depreciation
- $66,130
- Program services (functional)
- $12,224,711
- Management and general (functional)
- $697,609
- Fundraising (functional)
- $271,832
Balance sheet and other
- Total assets, start of year
- $183,016,377
- Total assets, end of year
- $193,177,949
- Total liabilities, end of year
- $11,669,614
- Net assets, end of year
- $181,508,335
- Land, buildings and equipment
- $229,615
- Net assets without donor restrictions
- $98,808,859
- Net assets with donor restrictions
- $82,699,476
- Gross unrelated business income
- $219,636
- Gross receipts
- $59,324,159
- Employees
- 10
- Volunteers
- 7
- Year formed
- 1961
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI GUSTAVSON | CEO Officer | 50 | $177,300 | $10,638 |
| PAIGE CARLISLE | CFO Officer | 42 | $130,500 | $7,830 |
| LISA CHILDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE WALKER | TREASURER Trustee or director | 2 | $0 | $0 |
| GLENN KINSEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LISA C CRONIN | CHAIRMAN Officer | 2 | $0 | $0 |
| C DEWITT CARUTHERS | VICE CHAIRMAN Officer | 2 | $0 | $0 |
| JERRY EDWARDS JR | DIRECTOR Officer | 2 | $0 | $0 |
| WANDA H THOMAS | SECRETARY Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI GUSTAVSON | CEO Officer | 50 | $170,500 | $10,230 |
| PAIGE CARLISLE | CFO Officer | 42 | $114,253 | $6,855 |
| LISA CHILDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE WALKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GLENN KINSEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LISA C CRONIN | VICE CHAIRMAN Officer | 2 | $0 | $0 |
| C DEWITT CARUTHERS | SECRETARY Officer | 2 | $0 | $0 |
| JERRY EDWARDS JR | CHAIRMAN Officer | 2 | $0 | $0 |
| WANDA H THOMAS | TREASURER Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 401 EDWARDS ST STE 105, SHREVEPORT, LA 71101-5508
- Principal officer (990 for 2024)
- KRISTI GUSTAVSON, 401 EDWARDS STREET SUITE 105, SHREVEPORT, LA 71101
- Signed the 990
- PAIGE CARLISLE, CFO
- Phone
- (318) 221-0582
- Website
- WWW.CFNLA.ORG
- Return prepared by
- HEARD MCELROY & VESTAL LLC
Mission
TO STRENGHTHEN THE COMMUNITY THROUGH PHILANTHROPY
Program accomplishments
- COMMUNITY FOUNDATION OF NORTH LOUISIANA SERVES AS A POWERFUL CATALYST FOR PROMOTING CHARITABLE GIVING AND EFFECTING POSITIVE CHANGE IN OUR AREA. WE FUND A VARIETY OF PROGRAMS THAT ADDRESS CRITICAL NEEDS IN OUR COMMUNITY, INCLUDING POVERTY, HEALTH, AND EDUCATION. CFNLA IS A STEWARD OF THE PHILANTHROPIC INTERESTS OF PAST DONORS, REMAINS FLEXIBLE TO RESPOND TO CHANGING NEEDS IN OUR REGION, AND IS COMMITTED TO CREATING A MORE VIBRANT NORTH LOUISIANA FOR GENERATIONS TO COME.Expenses $11,555,322 · grants $11,555,322
- GIVE FOR GOOD IS A 24-HOUR ONLINE GIVING CHALLENGE THAT RAISES UNRESTRICTED DOLLARS FOR NONPROFITS IN NORTH LOUISIANA. THE EVENT ENCOURAGES COMMUNITY MEMBERS FROM ALL BACKGROUNDS TO BECOME INVOLVED IN PHILANTHROPY AND EDUCATES PARTICIPANTS ON THE VITAL SERVICES THAT AREA NONPROFITS PROVIDE. SINCE ITS CREATION IN 2014, GIVE FOR GOOD HAS RAISED OVER $24.5 MILLION FOR NORTH LOUISIANA CHARITIES.Expenses $212,234
- STEP FORWARD - CFNLA SEEKS SUCCESS FOR EVERY CHILD IN NORTH LOUISIANA WITH THE ULTIMATE GOAL OF ALL CHILDREN OBTAINING A SUSTAINABLE, LIVING-WAGE JOB BY AGE 25. THROUGH A SHARED COMMUNITY VISION, STEP FORWARD AND ITS PARTNERS USE EVIDENCE-BASED DECISION MAKING AND COLLABORATIVE ACTION TO MAKE POSITIVE CHANGES FOR NORTH LOUISIANA CHILDREN.Expenses $28,404
- OTHER PROGRAM SERVICES INCLUDE SUPPORT OF NONPROFITS THROUGH NETWORKING OPPORTUNITIES, PUBLIC EVENTS AND WORKSHOPS. WE SERVE AS A PHILANTHROPIC EXPERT AND HUB AS WELL AS A CONVENER THAT BRINGS TOGETHER EXPERTS TO IDENTIFY PROBLEMS AND DEVELOP COMMON AGENDAS TO EFFECT REAL AND LASTING CHANGE. WE WORK WITH DONORS TO UNDERSTAND AND IMPLEMENT HIS OR HER PERSONAL VISION FOR A BETTER AND BRIGHTER COMMUNITY AND PROVIDE A LASTING LEGACY THAT TRANSCENDS GENERATIONS. AN ADDITIONAL PROGRAM IS "COMMUNITY COUNTS". TO HELP DRIVE CHANGE IN OUR AREA, THE COMMUNITY FOUNDATION HAS BEEN TRACKING DATA AND PUBLISHING AN ANNUAL REPORT CARD, "COMMUNITY COUNTS", SINCE 2008. DATA FOR THE SHREVEPORT-BOSSIER METROPOLITAN STATISTICAL AREA (MSA) IS COLLECTED AND TRACKED IN SIX CATEGORIES: POPULATION, ECONOMIC WELL-BEING, HUMAN CAPITAL, EDUCATION, HEALTH, AS WELL AS SOCIAL AND PHYSICAL ENVIRONMENT. THIS DATA GUIDES THE FOUNDATION'S GRANT-MAKING AND WE ENCOURAGE ALL TO USE THE REPORT TO START COMMUNITY DISCUSSIONS, AS A ROAD-MAP FOR SOCIAL CAPITAL INVESTMENT, OR AS A CALL TO ACTION FOR PHILANTHROPY AND VOLUNTEERISM. OVER 50% OF CHILDREN IN NORTHWEST LOUISIANA ARE NOT KINDERGARTEN READY WHEN THEY START KINDERGARTEN. RESEARCH HAS SHOWN KINDERGARTEN READINESS IS AN INDICATOR OF LONG-TERM EDUCATIONAL SUCCESS. THE FOUNDATION HAS INCREASED FUNDRAISING EFFORTS TO PROVIDE SCHOLARSHIPS TO EXPAND ACCESS AND ENROLLMENT IN QUALITY EARLY CHILDREN EDUCATION FOR CHILDREN IN CADDO AND BOSSIER PARISHES. IN ADDITION, THE FOUNDATION IS EVALUATING THE IMPACT OF THIS INITIATIVE BY TRACKING AND MEASURING THE PROGRESS OF CHILDREN RECEIVING SCHOLARSHIPS RELATIVE TO THEIR PEERS THAT DO NOT ATTEND EARLY CHILDHOOD EDUCATION CENTERS.Expenses $428,751
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-6022365
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $193,177,949
- Income (IRS master file)
- $59,324,159
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,609,748 | $13,194,152 | $193,177,949 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $18,524,782 | $12,274,398 | $183,016,377 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $15,241,034 | $10,651,363 | $162,443,222 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 72-6022365).
Questions about COMMUNITY FOUNDATION OF NORTH LOUISIANA
- What is the EIN of COMMUNITY FOUNDATION OF NORTH LOUISIANA?
- The employer identification number (EIN) of COMMUNITY FOUNDATION OF NORTH LOUISIANA is 72-6022365.
- Is COMMUNITY FOUNDATION OF NORTH LOUISIANA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to COMMUNITY FOUNDATION OF NORTH LOUISIANA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION OF NORTH LOUISIANA 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 COMMUNITY FOUNDATION OF NORTH LOUISIANA 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 COMMUNITY FOUNDATION OF NORTH LOUISIANA 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 COMMUNITY FOUNDATION OF NORTH LOUISIANA?
- The 990 for the year ended December 31, 2024 names KRISTI GUSTAVSON.
- Who are the officers and directors of COMMUNITY FOUNDATION OF NORTH LOUISIANA?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $177,300 (KRISTI GUSTAVSON, CEO).
- How much revenue does COMMUNITY FOUNDATION OF NORTH LOUISIANA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,609,748, expenses of $13,194,152 and total assets of $193,177,949 at year end.
Other nonprofits in SHREVEPORT
- LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT EIN 72-1402222 · last filed 990 for 2025
- ARTHUR AND JOYCE TROWBRIDGE FOUNDATION INC EIN 72-1439013 · last filed 990-PF for 2025
- CAROLYN W AND CHARLES T BEAIRD FAMILY FOUNDATION EIN 72-6027212 · last filed 990-PF for 2024
- WOOLWORTH FOUNDATION EIN 23-7004468 · last filed 990 for 2024
- ATKINS-CRAWFORD FOUNDATION EIN 27-5086002 · last filed 990-PF for 2025
- PETERSEN FAMILY FOUNDATION EIN 33-3237817 · last filed 990-PF for 2025
- EVOLVE FOUNDATION EIN 47-4173051 · last filed 990-PF for 2024
- JACK WEBSTER GRIGSBY FOUNDATION EIN 83-6050857 · last filed 990-PF for 2025
All nonprofits in SHREVEPORT · Louisiana · Philanthropy, voluntarism and grantmaking foundations