Form 990 for tax year 2024
Filed by LEADERS FOR A BETTER LOUISIANA INC.
Totals
- Total revenue
- $1,015,208
- Total expenses
- $922,584
- Contributions and grants received
- $895,757
- Grants paid
- $0
- Program service revenue
- $102,366
- Investment income
- $17,085
- Other revenue
- $0
- Total assets, end of year
- $1,510,583
- Total liabilities, end of year
- $1,013,771
- Net assets or fund balances, end of year
- $496,812
- Program services expenses (Part IX)
- $747,514
- Management and general expenses
- $175,070
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $747,514
Program services were 81.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$728,202
-
1f · All other contributions, gifts and grants
$167,555
-
2a · Program service revenue: WASHINGTON DC PROJECT
total $92,500 · related or exempt $92,500
-
2b · Program service revenue: ANNUAL EVENTS
total $9,866 · related or exempt $9,866
-
3 · Investment income
total $17,085 · related or exempt $17,085
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $440,612 · program services $330,459 · management and general $110,153
-
8 · Pension plan contributions
total $23,374 · program services $17,530 · management and general $5,844
-
9 · Other employee benefits
total $48,600 · program services $36,450 · management and general $12,150
-
10 · Payroll taxes
total $21,837 · program services $16,378 · management and general $5,459
-
11b · Fees: legal
total $6,165 · management and general $6,165
-
11c · Fees: accounting
total $24,483 · management and general $24,483
-
12 · Advertising and promotion
total $21,800 · program services $21,800
-
13 · Office expenses
total $2,321 · program services $2,321
-
16 · Occupancy
total $2,616 · management and general $2,616
-
17 · Travel
total $21,667 · program services $21,667
-
23 · Insurance
total $11,810 · program services $8,857 · management and general $2,953
-
24a · Other expenses: SPECIAL PROJECT EXPENSE
total $165,769 · program services $165,769
-
24b · Other expenses: EVENT EXPENSES
total $79,857 · program services $79,857
-
24c · Other expenses: SPONSORSHIPS
total $20,327 · program services $20,327
-
24d · Other expenses: OFFICE EXPENSE
total $9,985 · program services $9,985
-
24e · All other expenses
total $21,361 · program services $16,114 · management and general $5,247
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $556,207 · end of year $802,959
-
4 · Accounts receivable
end of year $649,901
-
15 · Other assets
beginning of year $5,000 · end of year $57,723
-
17 · Accounts payable and accrued expenses
beginning of year $9,947 · end of year $26,126
-
19 · Deferred revenue
end of year $980,405
-
25 · Other liabilities
end of year $7,240
-
27 · Net assets without donor restrictions
beginning of year $551,260 · end of year $496,812
Mission and programs · 2024
Mission
TO PROMOTE THE GROWTH OF INDUSTRY AND EMPLOYMENT OPPORTUNITIES IN LOUISIANA BY PROMOTING LOUISIANA TO OUT OF STATE INDUSTRIES AND TO HELP FACILITATE THE EXPANSION OF BUSINESS CURRENTLY OPERATING IN THE STATE AND EXPAND THE WORKFORCE OPPORTUNITIES
-
BUSINESS RECRUITMENT FOR THE STATE OF LOUISIANA. BUSINESS RECRUITMENT IS FOCUSED ON BOTH BUSINESS OUTSIDE LOUISIANA WHO WISH TO DO BUSINESS IN THE STATE AS WELL AS FOSTERING NEW AND EXPANDING BUSINESSES THAT ALREADY HAVE A PRESENCE IN LOUISIANA.
Expenses $747,514
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adam KnappADAM KNAPP
CEO
- Total calculated
- $349,200
- From this org
- $349,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $291,000
- Bonus
- $58,200
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $349,200
-
Scott BallardSCOTT BALLARD
TREASURER
- Total calculated
- $0
-
Wayne BrownWAYNE BROWN
CHAIR
- Total calculated
- $0
-
Tom ClarkTOM CLARK
DIRECTOR
- Total calculated
- $0
-
Rodney GreenupRODNEY GREENUP
DIRECTOR
- Total calculated
- $0
-
Trott HuntTROTT HUNT
DIRECTOR
- Total calculated
- $0
-
Carlton Golden JrCARLTON GOLDEN JR
DIRECTOR
- Total calculated
- $0
-
Kris KirkpatrickKRIS KIRKPATRICK
DIRECTOR
- Total calculated
- $0
-
Kellen MatthewsKELLEN MATTHEWS
DIRECTOR
- Total calculated
- $0
-
Philip MayPHILIP MAY
DIRECTOR
- Total calculated
- $0
-
Jude MelvilleJUDE MELVILLE
DIRECTOR
- Total calculated
- $0
-
Philip RozemanPHILIP ROZEMAN
VICE CHAIR
- Total calculated
- $0
-
Julie StokesJULIE STOKES
DIRECTOR
- Total calculated
- $0
-
Gray StreamGRAY STREAM
DIRECTOR
- Total calculated
- $0
-
Tim TempleTIM TEMPLE
PAST CHAIR
- Total calculated
- $0
-
Mary Leach WernerMARY LEACH WERNER
DIRECTOR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 September 2025
- IRS schema version
- 2024v5.0
- Source object
- 202512869349300136
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