Tres Doux Foundation EIN 81-0762986 Form 990 (PDF) Claim this org

Tres Doux Foundation FY2022 filing

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Celebrates and enhances the lives of children with developmental delays and disabilities. For fiscal year 2022 it reported $174K in revenue, $78K in expenses, and $179K in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New Orleans, LA
Website
www.beignetfest.com
Filings
6 on file (2020–2022)
Revenue
$174KFY2022
Expenses
$78K
Net assets
$179K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-0762986 Public charity (501(c)(3)) New Orleans, LA Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Celebrates and enhances the lives of children with developmental delays and disabilities.
Leadership
Sherwood Collins · Executive Director · $50K
Money in and out
$174K revenue, $78K expenses
Bottom line
81% program efficiency
Where the money goes · FY2022
Total revenue
$174K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$179K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $96K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.17 Fundraising $0.02
Program efficiency
81%
of spending reaches programs
Operating runway
28.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+55%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$174K
FY2022▲ +328%
Expenses
$78K
FY2022
Total assets
$179K
FY2022
Total liabilities
$155
FY2022
Total revenue
$174K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$179K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$96K
Total assetsPt X · Ln 16$179K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $63K of program spending, described in the organization's own filed words · FY2022.
01

To produce beignet fest, a festival that celebrates the iconic beignet, raises money, and increases awareness of children with developmental delays and autism. The festival took place on september 24,2022 - $171,848 included as direct fundraising expenses.

$49Kprogram expense
02

To make grants to local nonprofit organizations that provide accessible, quality programs for children with developmental delays.

$14Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTres Doux Foundation
EINHdr · item D81-0762986
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jwww.beignetfest.com
Year of formationHdr · item L2015
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$50,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sherwood Collins’s $63K as Executive Director is at the 58th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sherwood Collins$63,000$63,000$60,923$50,000$50,000$50,000

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.

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Statement of Revenue

Part VIII
Contributions & grants$159K · 91%
Other revenue$14K · 8%
Contributions & grants91%$159K
Other revenue8%$14K
Investment income$768
Total revenueLn 12$174K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.17 Fundraising $0.02
Program services81%$63K
Management & general17%$13K
Fundraising2%$1K
Total functional expensesLn 25$78K

Balance Sheet

Part X · end of year
CashLn 1$179K
Total assetsLn 16$179K
Total liabilitiesLn 26$155
Total net assetsLn 32$179K
Months of cash on handcomputed27.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $179K · Operating expenses (Pt IX) $78K · Less non-cash grants $3K · Cash operating expenses/yr $75K
28.6 months
Where the money goes
Program services
Program services $63K · Total expenses $78K
81%
Management & General
Management & general $13K · Total expenses $78K
17%
Fundraising
Fundraising $1K · Total expenses $78K
2%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $159K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $159K · Total revenue $174K
91%
Government reliance
Government grants — · Total revenue $174K
Earned-income share
Program service revenue $0 · Total revenue $174K
0%
Investment reliance
Investment income $768 · Total revenue $174K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $78K
0%
Growth & trend
Revenue growth (YoY)
This year $174K · Prior year $41K
+328%
Net-asset trend (YoY)
End of year $179K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $174K · Expenses $78K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $179K
Net-asset ratio
Net assets $179K · Total assets $179K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $179K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sherwood Collins · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $50K · Total expenses $78K
64%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $54K · Total expenses $78K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 17%
Fundraising cost ratio 0.9%
Revenue growth 328%
Legal fee ratio 0.2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 13 grants · $84K · 2022–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$279K revenue · ⤓ 990 PDF
FY2024$247K revenue · ⤓ 990 PDF
FY2023$203K revenue · ⤓ 990 PDF
FY2022$174K revenue · viewing · ⤓ 990 PDF
FY2021$41K revenue · ⤓ 990 PDF
FY2020$59K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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