LOUISIANA BUSINESS INCUBATION ASSOCIATIO (EIN 202249722) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

KRISTY ELLIOTT

Phone

2252181100

Tax Period

2024-07-01 to 2025-06-30

LOUISIANA BUSINESS INCUBATION ASSOCIATIO, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $214K in total revenue in fiscal year 2024.

Mission

THE LOUISIANA INCUBATION ASSOCIATION IS COMPRISED OF THE STATE'S PREMIER BUSINESS INCUBATORS AND IS FOCUSED ON ENHANCING THE GROWTH AND DIVERSIFICATION OF BUSINESSES AND ECONOMY IN LOUISIANA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $214,298

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $214,298

Expense Breakdown

Grants Paid $202,789

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,789

Other Expenses $32,915

TOTAL EXPENSES $235,704

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,298	$202,559	+0.1%
Expenses	$235,704	$207,253	+0.1%
Net Income	$-21,406	$-4,694	+3.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON BOUDREAUX	PRESIDENT	6.00	Officer Director	$0	$0	$0
WILL CAMPBELL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHY WYATT	SECRETARY	2.00	Officer Director	$0	$0	$0
KRISTY ELLIOTT	TREASURER	4.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$214,298	$235,704	$234,299	$-21,406
2024	$202,559	$207,253	$243,133	$-4,694
2023	$95,938	$104,104	$144,448	$-8,166
2022	$69,437	$66,636	$125,570	$2,801
2021	$187,358	$183,332	$172,534	$4,026
2020	$187,803	$184,584	$211,636	$3,219
2019	$216,360	$199,248	$202,949	$17,112
2018	$189,349	$179,763	$158,516	$9,586

LOUISIANA BUSINESS INCUBATION ASSOCIATIO