Friends of@hynes
Only null% goes to programs Strong reserves Growing revenue
Friends of@hynes is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2019, with $1,057,039 in FY2024 revenue. CharityIndex grades it D.
990 Harrison Ave, New Orleans, LA, 70124 EIN 83-2510975 Since 2019
Revenue (FY2024)
$1.1M
▲ 1309.4% vs prior year
Education median: $200K
Expenses (FY2024)
$1.3M
Net assets
$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of@hynes— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating20 mo reserves · -27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of@hynes: 20 mo reserves · -27% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of@hynes— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of@hynes: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 990 Harrison Ave, New Orleans, LA, 70124
- City
- New Orleans
- State
- Louisiana
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $325K (FY2019) to $1.1M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.0MNet assets $2.2M
Operating margin
-27.1%
Spent more than it raised in the latest fiscal year.
Total assets
$26.2M
Total liabilities
$24.0M
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,057,039▲1309% | $1,343,253▲6002% | $2,187,649▼11.6% | $26,237,556▲4.6% | 990 |
| 2023 | $75,000▼94.0% | $22,015▼47.3% | $2,473,863▲2.2% | $25,078,591▲677% | 990 |
| 2022 | $1,250,000▲92.2% | $41,739▲342% | $2,420,878▲99.6% | $3,227,944▲165% | 990 |
| 2021 | $650,229▲117% | $9,436▼19.8% | $1,212,617▲107% | $1,219,546▲108% | 990 |
| 2020 | $300,000▼7.7% | $11,769▼56.6% | $586,126▲96.8% | $586,126▲94.2% | 990 |
| 2019 | $325,000 | $27,106 | $297,895 | $301,740 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Friends of@hynes a legitimate nonprofit?
- Yes. Friends of@hynes is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-2510975, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Friends of@hynes's EIN?
- Friends of@hynes's Employer Identification Number (EIN) is 83-2510975.
- How much revenue does Friends of@hynes report?
- Friends of@hynes reported $1,057,039 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friends of@hynes have?
- CharityIndex grades Friends of@hynes D, based on financial health (reserves and operating margin).
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Data for Friends of@hynes (EIN 83-2510975) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.