Louise S Mcgehee School
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Louise S Mcgehee School is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1937, with $17,924,429 in FY2023 revenue. CharityIndex grades it B.
2343 Prytania St, New Orleans, LA, 70130 EIN 72-0408943 Since 1937
Revenue (FY2023)
$17.9M
▲ 17.4% vs prior year
Expenses (FY2023)
$15.2M
Net assets
$19.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Louise S Mcgehee School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +15% 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 Louise S Mcgehee School: 15 mo reserves · +15% margin earns a A 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 Louise S Mcgehee School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Louise S Mcgehee School: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2343 Prytania St, New Orleans, LA, 70130
- City
- New Orleans
- State
- Louisiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $13.0M (FY2013) to $17.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.1MNet assets $19.1M
Operating margin
15.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31.2M
Total liabilities
$12.1M
Net assets
$19.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $17,924,429▲17.4% | $15,158,074▲5.3% | $19,076,574▲17.5% | $31,206,362▲6.2% | 990 |
| 2022 | $15,266,831▲0.1% | $14,389,353▲0.9% | $16,229,371▲7.9% | $29,395,644▲7.2% | 990 |
| 2021 | $15,252,868▼1.3% | $14,257,742▲9.6% | $15,043,586▼6.6% | $27,422,961▼4.2% | 990 |
| 2020 | $15,451,562▲13.1% | $13,003,766▲4.1% | $16,103,271▲31.9% | $28,614,181▲14.2% | 990 |
| 2019 | $13,666,364▲7.5% | $12,494,076▼0.8% | $12,211,968▲7.0% | $25,066,820▲13.7% | 990 |
| 2018 | $12,710,974▼4.9% | $12,600,855▼4.5% | $11,410,349▲0.3% | $22,048,150▼0.6% | 990 |
| 2017 | $13,369,340▼3.4% | $13,200,583▼5.2% | $11,381,593▲3.4% | $22,188,838▼3.3% | 990 |
| 2016 | $13,836,890▲10.0% | $13,925,623▼1.0% | $11,008,443▲1.6% | $22,952,876▲1.0% | 990 |
| 2015 | $12,581,339▼14.8% | $14,068,355▲2.6% | $10,835,945▼18.6% | $22,725,045▼10.6% | 990 |
| 2014 | $14,769,413▲13.4% | $13,717,605▲7.8% | $13,307,765▲0.6% | $25,431,323▲13.5% | 990 |
| 2013 | $13,025,867 | $12,719,829▲1.1% | $13,230,927▲5.8% | $22,402,843▲1.8% | 990 |
| 2012 | — | $12,577,112▲4.6% | $12,508,619▲4.7% | $22,014,860▲2.1% | 990 |
| 2011 | — | $12,021,430▲13.2% | $11,951,974▲47.0% | $21,566,021▲21.4% | 990 |
| 2009 | — | $10,623,171 | $8,129,555 | $17,761,820 | 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.
Grants received · $5.3M total
63 grants to Louise S Mcgehee School totaling $5.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Greater New Orleans Foundation | Education | 2024 | $328,491 |
| Christian Community Foundation of Memphis and the Mid-south Inc | Arts, culture | 2024 | $93,650 |
| Louisiana Childrens Medical Center | General operating support | 2024 | $10,000 |
| The Greater New Orleans Foundation | Education | 2023 | $363,341 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $257,250 |
| Donor Advised Charitable Giving | Education | 2023 | $16,300 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $12,000 |
| The Greater New Orleans Foundation | Education | 2022 | $345,849 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $96,150 |
| Donor Advised Charitable Giving | Education | 2022 | $21,250 |
| The Blackbaud Giving Fund | General support | 2022 | $8,258 |
| The Greater New Orleans Foundation | Education | 2021 | $352,867 |
| Donor Advised Charitable Giving | Education | 2021 | $138,750 |
| Ochsner Clinic Foundation | General assistance | 2021 | $55,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,350 |
Frequently asked questions
- Is Louise S Mcgehee School a legitimate nonprofit?
- Yes. Louise S Mcgehee School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-0408943, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Louise S Mcgehee School's EIN?
- Louise S Mcgehee School's Employer Identification Number (EIN) is 72-0408943.
- How much revenue does Louise S Mcgehee School report?
- Louise S Mcgehee School reported $17,924,429 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Louise S Mcgehee School have?
- CharityIndex grades Louise S Mcgehee School B, based on financial health (reserves and operating margin).
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Data for Louise S Mcgehee School (EIN 72-0408943) 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.