Broad Community Connections INC

Tax-deductible

New Orleans, LA501(c)(3)Community DevelopmentEIN 26-3184397Revenue $1.3M in FY2024

On file with the IRSbroadcommunityconnections.org300 N Broad St Ste 208, 70119-5578 · New Orleans, LATax-exempt since Dec 2008Publicly supported charity — 170(b)(1)(A)(vi)

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Broad Community Connections, INC. (bcc) mission is to revitalize Broad street from tulane ave. To bayou rd. As a vibrant, diverse and equitable commercial district, bring together the surrounding neighborhoods and promoting their health and economic, residential and cultural development.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
Run by 2 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $320K a year · 51% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 21% of spending
Top officer’s pay lower than 83% of similar orgs
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
39 mo
of spending, in cash
Looks good: 39.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $947K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+127% vs prior year
Spent
$449K
To programs
61%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▲ +127%
Tap a bar for its year
Revenue by fiscal year
FY2020$476K
FY2021$551K
FY2022$176K
FY2023$585K
FY2024$1.3M
Expenses
$449K
FY2024▲ +60%
Tap a bar for its year
Expenses by fiscal year
FY2020$389K
FY2021$138K
FY2022$259K
FY2023$281K
FY2024$449K
Net assets
$1.7M
FY2024▲ +104%
Tap a bar for its year
Net assets by fiscal year
FY2020$492K
FY2021$620K
FY2022$536K
FY2023$841K
FY2024$1.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $273K Management & general 39% · $176K Fundraising 0% · $900

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$94,680Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Dasjon Jordan’s $95K as Executive Di is at the 17th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Dasjon Jordan$94,680$79,132$80,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Broad Community Connections INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Revitalizes a commercial district, connecting neighborhoods for health and development.

Questions for Broad Community Connections INC

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Provided by the organization

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2 programs · $273K · in their own filed words · FY2024
01

Community economic development broad community connection (bcc)continues to catalyze revitalization along new orleans' broad street, to center the values of residents in decision- making and to build community power and wealth.

$188Kprogram expense
02

Home Fest

Is a neighborhood-rooted festival launched in 2013 to celebrate and uplift bayou road's entrepreneurs, artist, and cultural institutions while connecting the community to vital local resources and stories.

$85Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Windward FundFY2024$302K
Total grants receivedfrom 4 funders$947K
See all 4 funders →
Grants paid · 2 grants · $14K · 2021–2022
Unitemized GrantFY2022$7,500
Unitemized GrantFY2021$6,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$76K
Investment incomeLn 3$2K
Money outPt IX
$449K
Ln 25
Programscol B$273K
Managementcol C$176K
Fundraisingcol D$900
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$1.7M
LiabilitiesLn 26$10K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$15K
Fees for servicesLn 2g$76K
Investment incomeLn 3$2K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$199K
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$198K
Land, buildings, equipmentLn 10c$57K
Total assetsLn 16$1.7M
LiabilitiesLn 26$10K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 52
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$595K$1.5M
InvestmentsLn 11–13$198K$198K
Land, buildings, equipmentLn 10c$57K$57K
Total assetsLn 16$851K$1.7M
LiabilitiesLn 26$10K$10K
Net assetsLn 32$841K$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$95K$7K$87K
Other salaries and wagesLn 7$141K$141K
Pension plan contributionsLn 8$8K$5K$3K
Other employee benefitsLn 9$20K$12K$8K
Payroll taxesLn 10$18K$11K$7K
Legal feesLn 11b$3K$250$2K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$805$254$551
Office expensesLn 13$24K$11K$13K
Information technologyLn 14$4K$881$3K
OccupancyLn 16$25K$15K$10K
TravelLn 17$1K$763$398
Conferences, conventions and meetingsLn 19$7K$3K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$92K$66K$27K
All other expensesLn 24e$1K$445$900
Total functional expensesLn 25$449K$273K$176K$900

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.3M$449K$877K$1.7M 990 PDF
FY2023 $585K$281K$304K$841K 990 PDF
FY2022 $176K$259K−$83K$536K 990 PDF
FY2021 $551K$138K$413K$620K 990 PDF
FY2020 $476K$389K$87K$492K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,326,498 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $394,082$1,248,463
I-9 Program service revenuePrior year $113,023$75,568
I-10 Investment incomePrior year $39$2,467
I-11 Other revenuePrior year $77,908$0
I-12 Total revenuePrior year $585,052$1,326,498
I-13 Grants and similar amounts paidPrior year $1,175$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $141,251$281,280
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $138,197$168,191
I-18 Total expensesPrior year $280,623$449,471
I-19 Revenue less expensesPrior year $304,429$877,027
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,326,498 across 6 lines filed
VIII-1e Government grants$15,250
VIII-1f All other contributions, gifts and grants$1,233,213
VIII-1h Total contributions, gifts and grants$1,248,463
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $75,568$75,568
VIII-3 Investment incomeExcluded from tax $2,467$2,467
VIII-12 Total revenueRelated to mission $75,568 · Excluded from tax $2,467$1,326,498
Part IX · Statement of functional expenses $449,471 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $7,400 · Management $87,280$94,680
IX-7 Other salaries and wagesPrograms $140,886$140,886
IX-8 Pension plan contributionsPrograms $4,804 · Management $3,202$8,006
IX-9 Other employee benefitsPrograms $11,970 · Management $7,980$19,950
IX-10 Payroll taxesPrograms $10,655 · Management $7,103$17,758
IX-11b Legal feesPrograms $250 · Management $2,438$2,688
IX-11c Accounting feesManagement $7,121$7,121
IX-12 Advertising and promotionPrograms $254 · Management $551$805
IX-13 Office expensesPrograms $10,778 · Management $13,300$24,078
IX-14 Information technologyPrograms $881 · Management $3,466$4,347
IX-16 OccupancyPrograms $15,120 · Management $10,080$25,200
IX-17 TravelPrograms $763 · Management $398$1,161
IX-19 Conferences, conventions and meetingsPrograms $3,232 · Management $4,089$7,321
IX-23 InsuranceManagement $1,821$1,821
IX-24 Other expenses (24a–d)Programs $65,687 · Management $26,617$92,304
IX-24e All other expensesManagement $445 · Fundraising $900$1,345
IX-25 Total functional expensesPrograms $272,680 · Management $175,891 · Fundraising $900$449,471
Part X · Balance sheet $1,727,883 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $595,259$1,272,837
X-2 Savings and temporary cash investments$198,769
X-4 Accounts receivable$1,000
X-10c Land, buildings and equipment, netStart of year $56,970$56,970
X-12 Other securitiesStart of year $198,367$198,307
X-16 Total assetsStart of year $850,796$1,727,883
X-17 Accounts payable and accrued expensesStart of year $10,149$10,209
X-26 Total liabilitiesStart of year $10,149$10,209
X-27 Net assets without donor restrictionsStart of year $840,647$1,717,674
X-32 Total net assets or fund balancesStart of year $840,647$1,717,674
X-33 Total liabilities and net assetsStart of year $850,796$1,727,883
Part XI · Reconciliation of net assets $1,717,674 net assets at year end
XI-1 Total revenue$1,326,498
XI-2 Total expenses$449,471
XI-3 Revenue less expenses$877,027
XI-4 Net assets at start of year$840,647
XI-10 Net assets at end of year$1,717,674

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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