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North Louisiana Growth and Development Foundation

EIN 84-2682288 · Ruston, LA

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

LegitimacyPassesRegistration and standingFinancial healthWeak43 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THIS CORPORATION IS ORGANIZED EXCLUSIVELY TO PROMOTE THE GROWTH AND DEVELOPMENT OF BUSINESSES WITH RESPECT TO OPERATING NORTH LOUISIANA GROWTH AND DEVELOPMENT FOUNDATION IN NORTH LOUISIANA. AS A MEANS OF ACCOMPLISHING THESE PURPOSES, THE CORPORATION SHALL HAVE THE FOLLOWING OBJECTS AND PURPOSES BUT ONLY TO THE EXTENT THAT IT MAY ENGAGE IN THESE OBJECTS AND PURPOSES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1954, AS IT MAY HEREAFTER BE AMENDED:(1) TO OPERATE BUSINESS ACCELERATOR PROGRAM IN NORTH LOUISIANA.(2) TO EXERCISE ALL SUCH POWERS AND AUTHORITY AS MAY BE NECESSARY FOR THE ACCOMPLISHMENT OF THE OBJECTS AND PURPOSES HEREINABOVE SET FORTH AND TO DO ANY AND ALL OTHER SERVICES INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE NOT FORBIDDEN BY LAW OR THESE ARTICLES OF INCORPORATION.

Income
$80,098
Spending
$110,003
Reserves
1.1 months of spending
Largest source of income
donations and private grants, 100%

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 43 out of 100. Higher than 15% of charities in its peer group (community improvement, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 37% of income.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2025, 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. $97,493 spent. DRA STRATEGY GRANT: WE INTERVIEWED OVER ONE HUNDRED FIFTY-FIVE COMPANIES, EDUCATIONAL PROVIDERS, TRAINING PROVIDERS, AND GOVERNMENT BODIES ON WORKFORCE NEEDS IN ELECTRONICS AND MANUFACTURING AT THE LOCAL, REGIONAL, AND NATIONAL LEVEL. THE GOAL OF THE GRANT IS TO CREATE A WORKFORCE PIPELINE IN ELECTRONICS IN NORTHEAST LOUISIANA. THIS WORK WAS COMPLETED AND SUBMITTED TO DRA IN 2025.
  2. $2,142 spent. LOUISIANA ECONOMIC DEVELOPMENT CEO ROUNDTABLE PROGRAM: WE CONTRACT WITH THE STATE OF LOUISIANA EACH YEAR TO WORK WITH FIFTEEN DIFFERENT COMPANIES IN NORTHEAST LOUISIANA. THE PROGRAM FOCUSES ON ROUNDTABLE STYLE EDUCATION AND DISCUSSION SESSIONS OF THE FIFTEEN COMPANY CEOS. THE GOAL OF THIS PROGRAM IS TO CREATE NEW GROWTH STRATEGIES AND JOBS WITHIN NORTHEAST LOUISIANA.
  3. $8,574 spent. SBA GAFC LAB TO MARKET INITIATIVE: WE CONTRACT WITH MAVEN SCOUTS TO HELP DESIGN, ORGANIZE, ADVERTISE, AND EXECUTE TWO EVENTS ACROSS LOUISIANA IN NOVEMBER AND DECEMBER OF 2025 AND TWO EVENTS IN FEBRUARY AND MARCH OF 2026. THESE EVENTS ARE GEARED TOWARDS MANUFACTURING, ARTIFICIAL INTELLIGENCE, AEROSPACE, ENERGY, AND AGRICULTURE WITH A DUAL-USE MILITARY APPLICATION. THE GOAL OF THE PROGRAM IS CONNECT ENTREPRENEURS, BUSINESS OWNERS, INVESTORS, AND RESOURCE PROVIDERS AND STRENGTHEN THE ENTREPRENEUR ECOSYSTEM ACROSS THE STATE.

Source: Form 990EZ for the year ending December 31, 2025, 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 November 6, 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 2025.

    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 June 2020.

    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 November 4, 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.