Roots of Renewal Nola
Nonprofit profile at a glance
- EIN
- 471361704
- IRS 990 coverage
- 2018–2018
- Forms available
- Form 990 2018, Form 990-N 2014
- Location
- New Orleans, LA, USA
- Phone
- 5045647930
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $226,459
- Expenses
- $221,509
- Assets
- $71,061
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CATHERINE RIEDER (EXECUTIVE DIRECTOR)
Highest reported compensation
- CATHERINE RIEDER (EXECUTIVE DIRECTOR): $27,418 total reported compensation
- AMY FOTTRELL (BOARD CHAIRMAN): $11,394 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Roots of renewal is committed to holistic solutions for the root causes of violence so that forgotten neighborhoods can reach their full potential. The purpose of roots of renewal is to address the educational, economic, and racial disparities in new orleans, Louisiana in order to provide equivalent opportunities for all its residents.
What it reported doing in 2018
Roots of renewal runs a reentry program for formerly incarcerated young men between the ages of 18 and 26. As a part of this program, we provide construction job training (both hands-on and certifications gained online), case management, professional development, and mentorship activities. In 2018, we worked with 10 individuals. All but one of them graduated from the program and we had a 10% recidivism rate. These individuals completed osha certifications got their twic cards, and learned hands-on job skills in carpentry, masonry, and more. The also participated in workships like financial management, mock interviews, and resume writing. We referred individuals to services in physical health, mental health, housing, childcare, and legal services.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 94
- Accountability: 84
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.2%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 17.5%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 87.4% of revenue deployed · 89.3% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $198K in reported program spending
- Leadership: top reported pay $27K · 5 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.