Nonprofits›Social Entrepreneurs Of New Orleans

Human Services

Social Entrepreneurs Of New Orleans

NEW ORLEANS, LA

WebsiteView as a funder

Total revenue

$2.6M

Total expenses

$2.7M

Net assets

$3.3M

Grants received

$5.9M

37 grants

EIN

263223585

Tax year

2024

Mission

Propeller grows and supports entrepreneurs to tackle social and environmental disparities.

Programs

5 programs

The 2024 impact accelerator ventures reported earned/committed revenue totaling $2,173,775 and participating entrepreneurs created and/or retained 34 jobs.

Expenses: $423K

The 2024 access to capital programming provided introductions to 31 loan officers which resulted in $1,785,000 in debt capital received by entrepreneurs.

Expenses: $704K

Alumni program - with over 250 businesses and organization in its network, propeller strives to provide continued support and opportunities to entrepreneurs after finishing the impact accelerator program. Support to alumni ventures includes but is not limited to workshops, roundtables, community-building events, technical support, and access to new networks based on need and available resources, with results of the pandemic, propeller aims to build off of current activities to develop a more robust program to better serve our alumni

Expenses: $73K

Education program

Expenses: $91K

Facility program

Expenses: $440K

Financials

FY 2024

Revenue

Contributions & grants$2.1M
Program service revenue—
Investment income$52K
Other revenue$407K
Total revenue$2.6M

Expenses

Grants paid$526K
Salaries & benefits$1.5M
Fundraising$327K
Other expenses$680K
Total expenses$2.7M
Total assets$5.0M
Net assets$3.3M

People

15 listed

NameRoleCompensation

DR SHERYL KENNEDY HAYDEL

BOARD MEMBER

Board

—

2 hrs/wk

ERICKA LASSAIR

BOARD MEMBER

Board

—

2 hrs/wk

MATTHEW WISDOM

BOARD MEMBER

Board

—

2 hrs/wk

KIM RAMSEY

BOARD MEMBER

Board

—

2 hrs/wk

REUBEN TEAGUE

BOARD MEMBER

Board

—

2 hrs/wk

ROCHELLE WILCOX

BOARD MEMBER

Board

—

2 hrs/wk

ANDREA ZAYAS

BOARD MEMBER

Board

—

2 hrs/wk

JUSTIN WOODS

BOARD MEMBER

Board

—

2 hrs/wk

SHELINA DAVIS

CHAIR

Board

—

2 hrs/wk

JULIE HENRIQUEZ ALDANA

VICE CHAIR

Board

—

2 hrs/wk

DEIRDRE JOHNSON BUREL

SECRETARY

Board

—

2 hrs/wk

CEDRIC GRANT

TREASURER

Board

—

2 hrs/wk

ANDREA I CHEN

FOUNDER & CEO

Staff

$183K

40 hrs/wk

JESSICA ALLEN

CHIEF EXECUTIVE OFFICER

Staff

$135K

40 hrs/wk

ELIZABETH EUMONT

CHIEF FINANCIAL OFFICER

Staff

$110K

40 hrs/wk

Grants received

Showing 37 of 37

FromAmountPurposeYear
JPMORGAN CHASE FOUNDATION
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
TIDES FOUNDATION
$150K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
BLUE CROSS & BLUE SHIELD OF
$75K
SPECIAL PROJECT GRANT
2024
LWCC Foundation
$50K
To support their core technical assistance programming: Impact Accelerator
2024
THE GREATER NEW ORLEANS FOUNDATION
$44K
CIVIC ENGAGEMENT
2024
UNITED WAY OF SOUTHEAST LOUISIANA
$10K
GRANT FUNDING
2024
WK Kellogg Foundation
$501K
Jobs and Family Economic Security
2023
JPMORGAN CHASE FOUNDATION
$500K
GENERAL OPERATING SUPPORT
2023
NOLA BUSINESS ALLIANCE
$100K
DEVELOPMENT
2023
THE GREATER NEW ORLEANS FOUNDATION
$44K
CIVIC ENGAGEMENT
2023
CLIF FAMILY FOUNDATION
$35K
Enhance Community Health
2023
NATIONAL LEAGUE OF CITIES INSTITUTE INC
$30K
SUPPORT THE IMPLEMENTATION OF ITS ECOSYSTEM ACCELERATOR COMMITMENT
2023
THE ALLSTATE FOUNDATION
$5K
2024 PROPELLER IMPACT ACCELERATOR
2023
WK Kellogg Foundation
$500K
support and grow low-income entrepreneurs of color and create and strengthen inclusive entrepreneurial ecosystems that address social and economic disparities in impoverished communities by providing services, resources, advocacy and results in systems change
2022
JPMORGAN CHASE FOUNDATION
$325K
IN SUPPORT OF FINANCIAL HEALTH
2022
THE GREATER NEW ORLEANS FOUNDATION
$157K
CIVIC ENGAGEMENT
2022
BLUE CROSS & BLUE SHIELD OF
$50K
HURRICANE RECOVERY EARLY CHILDHOOD EDUCATION CENTERS & BUSINESS CAPITAL ACCESS
2022
FOUNDATION FOR LOUISIANA
$50K
CLIMATE JUSTICE
2022
GREATER NEW ORLEANS DEVELOPMENT
$13K
USDA GNO FOOD AND BEVERAGE ENTREPRENEUR ECOSYSTEM GRANT
2022
WK Kellogg Foundation
$560K
support and grow low-income entrepreneurs of color and create and strengthen inclusive entrepreneurial ecosystems that address social and economic disparities in impoverished communities by providing services, resources, advocacy and results in systems change
2021
JPMORGAN CHASE FOUNDATION
$100K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
WK Kellogg Foundation
$50K
inform future crisis response planning for schools, food service agencies, and relevant New Orleans City agencies through conducting an assessment of Coronavirus school feeding efforts
2021
NATIONAL LEAGUE OF CITIES INSTITUTE INC
$30K
CITY INCLUSIVE ENREPRENEURSHIP NETWORK
2021
DONOR ADVISED CHARITABLE GIVING INC
$11K
HUMAN SERVICES
2021
WK Kellogg Foundation
$475K
support and grow low-income entrepreneurs of color and create and strengthen inclusive entrepreneurial ecosystems that address social and economic disparities in impoverished communities by providing services, resources, advocacy and results in systems change
2020
Walton Family Foundation Inc
$238K
Propeller Educational Equity and Innovation
2020
EWING MARION KAUFFMAN FOUNDATION
$124K
Support for low-income entrepreneurs and entrepreneurs of color through the South Broad Business Initiative. 201904-6439
2020
THE GREATER NEW ORLEANS FOUNDATION
$53K
CIVIC ENGAGEMENT
2020
NEWMAN'S OWN FOUNDATION
$20K
2019-2020 NOF FELLOW
2020
WK Kellogg Foundation
$235K
support and grow low-income entrepreneurs of color and create and strengthen inclusive entrepreneurial ecosystems that address social and economic disparities in impoverished communities by providing services, resources, advocacy and results in systems change
2019
JPMORGAN CHASE FOUNDATION
$130K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2019
FOUNDATION FOR LOUISIANA
$8K
COASTAL RESILIENCY LEVERAGE FUND & EMERGING INDUSTRY AND BUSINESS INCUBATOR
2019
JPMORGAN CHASE FOUNDATION
$123K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2018
JPMORGAN CHASE FOUNDATION
$1K
GENERAL OPERATING SUPPORT
2018
WK Kellogg Foundation
$409K
improve economic opportunities and reduce social disparities for children and families by supporting entrepreneurship in the health, food and education sectors and accelerating minority-owned neighborhood-based small business development, all through a racial equity lens
2017
DONOR ADVISED CHARITABLE GIVING INC
$15K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
FOUNDATION FOR LOUISIANA
$200K
LOAN CAPITAL
2016

Funded by

$5.9M from 17 funders · 37 grants · 2016–2024

WK Kellogg Foundation

$2.7M · 7 grants · 2017–2023

Jpmorgan Chase Foundation

$1.7M · 7 grants · 2018–2024

The Greater New Orleans Foundation

$298K · 4 grants · 2020–2024

Foundation For Louisiana

$258K · 3 grants · 2016–2022

Walton Family Foundation Inc

$238K · 1 grant · 2020

Tides Foundation

$150K · 1 grant · 2024

Blue Cross & Blue Shield Of

$125K · 2 grants · 2022–2024

Ewing Marion Kauffman Foundation

$124K · 1 grant · 2020

Details

EIN263223585
NTEE codeP20
Subsection03
Ruling date2009-02
Formed2008
Employees16
Volunteers0
SOCIAL ENTREPRENEURS OF NEW ORLEANS — Mission, Financials & Grants Received | Grantivo