NGO Funding Request


The recipient entity's full legal name:  Friends of Prep Sports LLC

The recipient entity's physical address:
           332 Railroad Ave
Reserve, LA 70084


The recipient entity's mailing address (if different):
           8 Rue Dijon
Kenner, LA 70065


Type of Entity (for instance, a nonprofit corporation):  Limited Liability Company

If the entity is a corporation, list the names of the incorporators:
          Ed Daniels
Tim Byrd


The last four digits of the entity's taxpayer ID number:  7075

What is the dollar amount of the request?  $15,000

What type of request is this?  General Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           Ed Daniels
President
8 Rue Dijon
Kenner, LA 70065

Tim Byrd
Riverside Academy
332 Railroad Ave
Reserve, LA 70084


Provide a summary of the project or program:
           Friends of Prep Sports LLC is the operator of the annual Allstate Sugar Bowl National Prep Classic. The event, for high school boys and girls basketball, has grown in 8 years from 8 teams in 2011, to more than 60 teams expected in 2018. The event is played the first week in January each year at the Alario Center in Westwego.

We are recognized as one of the best basketball tournaments in the nation. In 2017, the tournament filled 285 hotel rooms in Jefferson Parish, according to the parish's convention and visitors bureau. We will be over 300 rooms in 2018, which according to the JCVB makes us an elite revenue generator for business in the area, on both the west and east banks.


What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $11,000
          Contracts . . . . . . . . . . . $18,500
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $33,000
          Other Charges. . . . . . . $0

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          

What is the entity's public purpose, sought to be achieved through the use of state monies?
          Our Mission has not changed. It is to operate the best high school basketball tournament in America, and bring a significant economic impact to Jefferson Parish.

What are the goals and objectives for achieving such purpose?
          We cannot cover our costs with just gate receipts. We need significant monies to operate the event.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           As soon as possible

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                
    
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                 

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               No

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
               NO

          Provide the name, address, and office of the official to whom the person is related:
               

          What is the nature of the relationship? 

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                 No

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               No


Contact Information
name:  Ed Daniels 
                                       address:  8 Rue Dijon
Kenner, LA 70065

                                       phone:  504-229-8649
                                       fax:  504-619-6332
                                       e-mail:  ed@wgno.com
                                       relationship to entity:  President