Noahh So Inc

Nonprofit profile at a glance

EIN
464691095
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
New Orleans, LA, USA
Phone
5048612077
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$45,834
Expenses
$0
Assets
$4,198,413
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • W ANTHONY TOUPS III TONY (PRESIDENT)
  • ANN CLAYTON CHAMBERLAIN (PAST PRESIDENT)
  • MARGUERITE OESTREICHER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARGUERITE OESTREICHER (EXECUTIVE DIRECTOR): $163,897 total reported compensation
  • THOMAS J EXNICIOS (CHIEF FINANCIAL OFFICER (E): $133,864 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The exclusive purpose of the corporation is to benefit and support new orleans area habitat for humanity, inc. ("noahh"), a Louisiana nonprofit corporation exempt from federal income tax under code section 501(c)(3), to the extent such purpose is a (cont'd on sch. O) charitable purpose within the meaning of code section 501(c)(3). The corporation shall not be operated to support or benefit any organization other than noahh.

What it reported doing in 2024

To participate in the acquisition and construction by new orleans area habitat for humanity (noahh) of single-family residences in jefferson parish, Louisiana as part of a new markets tax credit transaction, in furtherance of noahh's exempt purpose to provide housing to disadvantaged low-income and moderate persons.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 66
  • Accountability: 82
  • Sustainability: 8
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 18.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 4 of 4 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $164K · 6 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.