NGO Funding Request


The recipient entity's full legal name:  Compound Digital Inc.

The recipient entity's physical address:
           1101B Saint Maurice Lane
Natchitoches, La 71457


The recipient entity's mailing address (if different):
           1101B Saint Maurice Lane
Natchitoches, La 71457


Type of Entity (for instance, a nonprofit corporation):  Corporation

If the entity is a corporation, list the names of the incorporators:
          Jesse D Poole

The last four digits of the entity's taxpayer ID number:  8304

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:
           Jesse D Poole
President / CEO / Director
1101 1/2 Saint Maurice Lane
Natchitoches, La 71457


Provide a summary of the project or program:
           Compound Digital Inc. seeks to establish itself as the best digital media firm for providing audio and sound recording, video production and editing, and professional photographic services in North Central Louisiana and is seeking funds for initial organization and advertisements within North Central Louisiana- to establish itself herein and move forward with structuring the entity. Working capital within the corporation will be needed to develop an organized internet website, network within the local community, and develop a clientele. Some funds may be allocated to upgrading existing structure, purchasing equipment, and providing insurance as per required. We also seek to provide training classes; centered around beginner and intermediate guitar and bass guitar lessons.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $5,000
          Contracts . . . . . . . . . . . $0
          Acquisitions . . . . . . . . . $5,000
          Major Repairs . . . . . . . $2,500
          Operating Services. . . . $0
          Other Charges. . . . . . . $2,500

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?
          Not Applicable

What is the entity's public purpose, sought to be achieved through the use of state monies?
          To provide professional, comprehensive, scalable, solutions; for local artist and individuals, local musicians and bands, local businesses and other local organizations, by adequately and effectively resolving their individual needs for digital audio, video, and still image services, including but not limited to; professional audio recording and mixing, professional video capturing and editing, graphic design and creative digital media services, professional photographic needs.

What are the goals and objectives for achieving such purpose?
          Our goal is to help develop the community's technological advancement, through a state of the art production facility, while providing professional digital media services to ascertain and meet individual clients needs.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           2-4 Fiscal Years

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: 
               

(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:
              

          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:
                

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               


Contact Information
name:  Jesse D Poole 
                                       address:  1101 Saint Maurice Lane
Natchitoches, La 71457

                                       phone:  3184380135
                                       fax: 
                                       e-mail:  jessedp@me.com
                                       relationship to entity:  President/ CEO