Sprout Nola is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2018, with $2,911,433 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.9M
▲ 185.8% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$2.1M
Net assets
$1.8M
Employees
—
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 →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 Sprout Nola— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sprout Nola: 10 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
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 Sprout Nola— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sprout Nola: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $320K (FY2020) to $2.9M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
28.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$29K
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,911,433▲186% | $2,092,131▲162% | $1,819,406▲81.6% | $1,848,158▲80.3% | 990 |
| 2023 | $1,018,745▼15.0% | $799,892▲33.6% | $1,002,007▲1.0% | $1,025,016▼14.0% | 990 |
| 2022 | $1,197,840▲130% | $598,715▲216% | $992,502▲78.0% | $1,191,822▲23.7% | 990 |
| 2021 | $520,715▲62.8% | $189,692▲74.8% | $557,437▲148% | $963,437▲289% | 990 |
| 2020 | $319,886 | $108,534 | $225,180 | $247,893 | 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.
14 grants to Sprout Nola totaling $316K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rockefeller Philanthropy Advisors Inc | Community improvement & capacity building, health care, agriculture & food | 2024 | $12,500 |
| The New York Community Trust | For general support. | 2024 | $11,000 |
| The Greater New Orleans Foundation | Agricultural programs | 2024 | $6,215 |
| Donor Advised Charitable Giving | Human services | 2023 | $12,442 |
| The New York Community Trust | For general support. | 2023 | $7,380 |
| The Greater New Orleans Foundation | Fund raising & fund distribution | 2023 | $5,573 |
| Enterprise Community Partners Inc | Community development fund | 2022 | $95,000 |
| The Greater New Orleans Foundation | Fund raising & fund distribution | 2022 | $21,446 |
| The Greater New Orleans Foundation | Fund raising & fund distribution | 2021 | $62,775 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $30,000 |
| The Greater New Orleans Foundation | Fund raising & fund distribution | 2020 | $5,905 |
| San Francisco Foundation | For general support of cattail cooks. | 2019 | $15,000 |
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Data for Sprout Nola (EIN 83-1237849) 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.