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Friends of Lafitte Corridor Inc

EIN 20-5295500 · New Orleans, LA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak41 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Friends of Lafitte Corridor Inc. (d/b/a Lafitte Greenway Partnership) works to build, program, and promote the Lafitte Greenway as a great public space.

Income
$370,942
Spending
$498,615
Spent on programs
83%
Reserves
1.8 months of spending
Largest source of income
donations and private grants, 68%
Employees
4
Volunteers
500
Highest pay
$95,135, executive dir.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 41 out of 100. Higher than 12% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.8 months of spending.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 34% of income.

  • Income trend

    0 of 15

    Income fell 29% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 10 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 75% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $233,882 spent. People - Lafitte Greenway Partnership (LGP) achieves our vision of a healthy and vibrant greenway that connects people to nature, their destinations, and each other through projects, programming, planning, and operations. LGP works to create a community-oriented and highly-used public space. In 2024, LGP reached 18,937 community members with recreation, arts, and cultural programs. The organization hosted 79 free fitness classes throughout the year that was attended by 1,460 local residents. We, partnered with the Crescent City Farmers Market to host New Orleans' largest weekly farms market, and produced arts and cultural events such as the Greenway Supernova light-based art festival, Movies in the Park, Easter Eggstravaganza, and more. Through a monthly e-newsletter and new signage, LGP works to keep the public informed and connected to the Greenway. We also finalized our master plan update for the Broad to Bayou segment of the Greenway.
  2. $136,893 spent. Nature - Lafitte Greenway Partnership's Nature Programs work to ensure that the Greenway is a well-maintained ecosystem that is thriving, beautiful, and sustainable. In 2021, LGP launched Greenway Grow, a public campaign and program to care for the Greenway's nature. In 2024, we maintained our Greenway Plaza Raingarden, removed 32,000 sf of non-native trees/bushes from our bioswales, planted 40 trees, and created a new Urban Forestry Academy to provide apprenticeship opportunities to young adults. We held 17 volunteer/education events focused on nature and Green infrastructure which were attended by 518 people.
  3. $44,519 spent. Transportation - Lafitte Greenway Partnership works to grow the Greenway as a transportation connector, safely linking neighborhoods and locations along the trail. In 2023, LGP met regularly with public partners to plan and support the trail completion's implementation, and ensured the Greenway was accessible and more protected for Mardi Gras goers. We engaged with partners in the Complete Streets Coalition to build a more accessible New Orleans. The Greenway trail saw an estimated 500,000 uses in 2024 for transportation and recreation.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2008.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.