2024-05-14T14:42:21-05:00 2023-06-30 720136870 BOURGEOIS BENNETT LLC 111 VETERANS BLVD SUITE 1700 METAIRIE LA 70005 990 2022-07-01 463082856 CLOVER FOUNDATION INC CLOV 5045236221 1600 CONSTANCE STREET NEW ORLEANS LA 70130 KEITH LIEDERMAN CEO 5045236221 2024-05-13 1 KEITH LIEDERMAN 999009999 0 JONATHAN ANDREW CHAPMAN P03109045 5048314949 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEITH LIEDERMAN 1600 CONSTANCE STREET NEW ORLEANS LA 70130 105227 0 X WWW.CLOVERNOLA.ORG X 2013 LA THE FOUNDATION SERVES AS THE SUPPORTING ORGANIZATION TO CLOVER NOLA, INC., A LOUISIANA NON-PROFIT CORPORATION. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. 10 9 0 0 0 0 103174 79907 0 0 -412081 25320 0 0 -308907 105227 0 0 0 0 0 0 0 0 9459 256 148560 256 148560 -309163 -43333 2229427 2162649 993911 888529 1235516 1274120 THE FOUNDATION SERVES AS THE SUPPORTING ORGANIZATION TO CLOVER NOLA, INC., A LOUISIANA NON-PROFIT CORPORATION. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. 0 0 11788 THE CLOVER FOUNDATION SERVES AS THE SUPPORTING ORGANIZATION OF CLOVER NOLA, INC. THE CLOVER FOUNDATION WAS ESTABLISHED TO SUPPORT FUTURE PROGRAMMATIC GROWTH AND ENCOURAGE INNOVATION OF COLVER NOLA AS WELL AS PROVIDE SECURITY FOR UNANTICIPATED EVENTS. 11788 1 1 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X ALISA EALY 5045236221 1600 CONSTANCE STREET NEW ORLEANS LA 70130 SHELDON F SKIP BRECHTEL PRESIDENT 0.50 X X 0 0 0 KATHERINE GELDERMAN DIRECTOR 0.25 X 0 0 0 MARGARET MONTGOMERY-RICHARD SECRETARY 0.50 X X 0 0 0 KIT FRITCHIE TREASURER 0.25 X X 0 0 0 BILL HAMMACK DIRECTOR 0.25 X 0 0 0 CHIMENE GRANT SALOY DIRECTOR 0.25 2.00 X 0 0 0 MILES CHANNING THOMAS DIRECTOR 0.25 1.00 X 0 0 0 SHELDON LYKES DIRECTOR 0.25 X 0 0 0 LYNN SMALLPAGE MORGAN DIRECTOR 0.25 X 0 0 0 KEITH H LIEDERMAN DIRECTOR/CEO 0.25 41.00 X X 0 235393 15237 SANDRA A COLVIN CHIEF DEVELOPMENT OFFICER 0.25 40.00 X 0 10985 0 DONNA BETZER CHIEF DEVELOPMENT OFFICER 0.25 40.00 X 0 66688 5819 0 313066 21056 0 0 1 0 0 79907 79907 25320 25320 105227 0 0 25320 X 148413 11788 127166 9459 TAXES AND FEES 147 147 148560 11788 127313 9459 1590920 11315 386293 304143 8408 1586569 252214 252214 2229427 2162649 25349 0 968562 888529 993911 888529 X 1235516 1274120 1235516 1274120 2229427 2162649 -43333 81937 0 X X 0 1 X 1 0 X X 1 CLOVER NOLA INC 720408940 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 599012 63220 8655 653577 453233 225000 -75721 3500 599012 345071 111983 3371 449 453234 343439 5573 3325 616 345071 332319 15051 3266 665 343439 0.47247 0.52753 1 0 0 INDIVIDUAL INVESTMENT SECURITIES MANAGED BY GNOF 1586569 F 1586569 DUE FROM 1542 CONSTANCE STREET 252214 252214 DUE TO CLOVER NOLA, INC 888529 888529 X PART V, LINE 4: THE ENDOWMENT FUND IS INTENDED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO HELP SUPPORT AGENCY OPERATIONS OF CLOVER NOLA, INC. AND AFFILIATES. PART X, LINE 2: ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THESE STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2023, MANAGEMENT OF THE ORGANIZATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. TAX YEARS ENDED JUNE 30, 2020 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. X X X 0 0 0 0 0 0 0 0 0 KEITH H LIEDERMAN DIRECTOR/CEO 0 235393 0 0 0 0 0 8015 0 7222 0 250630 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DOES NOT USE A PROCESS TO REVIEW FORM 990 PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C AT LEAST ANNUALLY, THE CHIEF EXECUTIVE OFFICER REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF DIRECTORS, AND MANAGEMENT REQUIRES EACH DIRECTOR AND MANAGEMENT PERSONNEL TO READ THE POLICY IN DETAIL AND DISCLOSE ANY FINANCIAL INTEREST THEY MAY HAVE IN ANY BUSINESS ENTITY WHICH TRANSACTS BUSINESS WITH THE AGENCY. IN THE ANNUAL REVIEW, EACH DIRECTOR AND MANAGEMENT PERSONNEL IS REQUIRED TO FILL OUT A FORM INDICATING THAT THEY READ THE POLICY AND DISCLOSED ANY BUSINESS AND/OR FINANCIAL INTEREST THAT COULD CAUSE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS TO ANNUALLY REVIEW THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER AND DETERMINE ANY SALARY OR BENEFIT INCREASES APPLICABLE TO THE CHIEF EXECUTIVE OFFICER. THE COMMITTEE RENDERS A REPORT TO THE FULL BOARD OF DIRECTORS. THE COMMITTEE DOES USE DATA FROM OTHER SIMILIAR AGENCIES IN DETERMINING THE SALARY FOR THE CHIEF EXECUTIVE OFFICER. THE COMMITTEE IS RESPONSIBLE TO DEVELOP AN EMPLOYMENT CONTRACT BETWEEN THE AGENCY AND THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 11,788. MANAGEMENT AND GENERAL EXPENSES 127,166. FUNDRAISING EXPENSES 9,459. TOTAL EXPENSES 148,413. FORM 990, PART XII, LINE 3B: THE ORGANIZATION HAS A COMMITTEE TO ASSUME RESPONSIBILITY. THE PROCESS USED BY THE COMMITTEE HAS NOT CHANGED FROM PRIOR YEARS. CLOVER NOLA INC 1600 CONSTANCE STREET NEW ORLEANS LA 70130 720408940 EDUCATE CHILDREN LA 501(C)(3) LINE 10 N/A 0 1542 CONSTANCE STREET INC 1600 CONSTANCE STREET NEW ORLEANS LA 70130 901010528 SUPPORTING ORGANIZATION LA 501(C)(3) LINE 12A, I CLOVER NOLA INC 1 EDUCARE NEW ORLEANS 320 JULIA STREET NEW ORLEANS LA 70130 453788164 EDUCATE CHILDREN LA 501(C)(3) LINE 2 N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1542 CONSTANCE STREET D 252214 OUTSTANDING BALANCE CLOVER NOLA INC E 888529 OUTSTANDING BALANCE