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Louisiana · Public charity

Nola Business Alliance

Charged by the city of new orleans with leading the economic recovery and development of orleans parish. The organization's focus is to grow the job base and secure private investment for orleans parish by attracting corporations for relocation, retaining existing business supporting expansion of existing businesses and develop retail…

$1.1M
Granted FY2023
11
Itemized grants FY2023
11
Organizations funded FY2023
36%
First-time grantees FY2023
Read the full brief
Itemized, FY2023
$1.1M
The rest is grants the schedule does not break out
Median grant, FY2023
$100,000
Largest grant, FY2023
$250,000
Organizations funded a year
8 to 15
FY2017 to FY2023
States reached, FY2023
1
Total assets, FY2023
$4.5M

How open it is to new grantees

In FY2023, 36% of the organizations Nola Business Alliance funded were first-time grantees, receiving 32% of its grant dollars.

New vs renewed · share of each year

In FY2023, 68% of grant dollars renewed an existing relationship; $353k went to new ones.

50%100%’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’22’23
Human ServicesCommunity ImprovementEducationPhilanthropyEnvironmentCrime & LegalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202311$1.1M36%
FY202215$1.4M100%
FY20178$344kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.

Community Improvement$1.6MYouth Development$420kEducation$394kPhilanthropy$215kEnvironment$200kEmployment$25k

Top grantees

Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Thrive New Orleans$555,000210%
Youthforce Nola$350,00024%
Newcorp Inc$220,000210%
United Way of Southeast Louisiana$215,00011%
Water Collaborative of Greater New Orleans$200,000216%
Trufund Financial Services Inc$120,00021%
Urban League of Louisiana$103,00021%
Social Entrepreneurs of New Orleans$100,00013%
Kaleidoscope Pathways$72,0001n/a
Youth Empowerment Project$70,27911%
Show all 25 grantees
All grantees of Nola Business Alliance by total granted
GranteeTotal grantedYearsShare of their budget
Thrive New Orleans$555,000210%
Youthforce Nola$350,00024%
Newcorp Inc$220,000210%
United Way of Southeast Louisiana$215,00011%
Water Collaborative of Greater New Orleans$200,000216%
Trufund Financial Services Inc$120,00021%
Urban League of Louisiana$103,00021%
Social Entrepreneurs of New Orleans$100,00013%
Kaleidoscope Pathways$72,0001n/a
Youth Empowerment Project$70,27911%
Collegiate Academies$70,00010%
Buxton$65,0001n/a
Shared Strategy Group$54,2751n/a
Good Work Network$50,0001n/a
Renew - Reinventing Education$47,82910%
Algiers Charter School Association$47,29610%
Educators for Quality Alternatives Inc$47,15712%
Capitol Education Foundation$42,00011%
Metro Source LLC$40,0002n/a
The Friends of King School$34,86810%
Firstline Schools Inc$30,00010%
Mathes Brierre Architects Apc$29,1391n/a
Greater New Orleans Inc$25,00011%
Nolavate Black$21,7001n/a
Bmm Communication$19,2001n/a

Plus 2 recipients with no EIN on record ($203k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Nola Business Alliance supplied at peak.

25%50%75%100%$10Mgrantee revenue →↑ funder's share of their budgetThrive New Orleans: $555,000 over 2y, 10% of budgetYouthforce Nola: $350,000 over 2y, 3.6% of budgetNewcorp Inc: $220,000 over 2y, 9.9% of budgetUnited Way of Southeast Louisiana: $215,000 over 1y, 1.2% of budgetWater Collaborative of Greater New Orleans: $200,000 over 2y, 16% of budgetTrufund Financial Services Inc: $120,000 over 2y, 0.5% of budgetUrban League of Louisiana: $103,000 over 2y, 1.0% of budgetSocial Entrepreneurs of New Orleans: $100,000 over 1y, 2.9% of budgetYouth Empowerment Project: $70,279 over 1y, 1.5% of budgetCollegiate Academies: $70,000 over 1y, 0.3% of budgetRenew - Reinventing Education: $47,829 over 1y, 0.1% of budgetAlgiers Charter School Association: $47,296 over 1y, 0.1% of budgetEducators for Quality Alternatives Inc: $47,157 over 1y, 1.8% of budgetCapitol Education Foundation: $42,000 over 1y, 0.8% of budgetThe Friends of King School: $34,868 over 1y, 0.2% of budgetFirstline Schools Inc: $30,000 over 1y, 0.1% of budgetGreater New Orleans Inc: $25,000 over 1y, 0.6% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 17.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Greater New Orleans FoundationLA31.1× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Greater New Orleans Foundation · Baptist Community Ministries · WK Kellogg Foundation · New Schools for New Orleans Inc · Pro Bono Publico Foundation · United Way of Southeast Louisiana · Second Harvest Food Bank Greater New Orleans and Acadiana · The Kresge Foundation · The Stephen and Sandy Rosenthal Family Foundation · Youthforce Nola · New Orleans Community Support Foundation · Entergy Charitable Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Nola Business Alliance with peer funders

About Nola Business Alliance

How much does Nola Business Alliance give?
Nola Business Alliance reported 11 itemized grants totaling $1,118,000, out of $1,147,158 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 8 and 15 organizations a year over FY2017 to FY2023.
What does Nola Business Alliance fund?
By grant dollars over FY2017 to FY2023, its largest causes are Community Improvement (56%), Youth Development (15%), Education (14%).
Who are Nola Business Alliance's largest grantees?
By total granted over FY2017 to FY2023: Thrive New Orleans ($555k), Youthforce Nola ($350k), Newcorp Inc ($220k).
Does Nola Business Alliance fund new organizations?
In FY2023, 36% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Nola Business Alliance?
Its strongest co-funders, measured against what their size predicts, include The Greater New Orleans Foundation, Baptist Community Ministries, WK Kellogg Foundation.
Where is Nola Business Alliance based?
Nola Business Alliance is based in LA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 27 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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