LOUISIANA CHILDREN'S DISCOVERY CENTER INC

EIN: 205251359 501(c)(3) Arts, Culture & Humanities

HAMMOND, LA

Total Revenue
$199,533
Total Expenses
$251,988
Total Assets
$296,367
Net Assets
$286,394
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
LA
Principal Officer
BOBBIE L WOLFE
Phone
9853409150
Tax Period
2025-01-01 to 2025-12-31

LOUISIANA CHILDREN'S DISCOVERY CENTER INC, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2025. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $252K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE PURPOSE OF THE LOUISIANA CHILDREN'S DISCOVERY CENTER, INC. IS TO ENHANCE THE QUALITY OF LIFE FOR CHILDREN OF HAMMOND, LOUISIANA, AND THE SURROUNDING AREA, IN PARTICULAR THROUGH THE CREATION, FUNDING, AND OPERATION OF A CHILDREN'S MUSEUM, RECEIPT AND DISBURSEMENT OF GRANTS, REVENUES AND DONATIONS, AND CREATION OF COLLABORATIVE PARTNERSHIPS IN RELATION TO THE MUSEUM.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $15,951
Program Service Revenue $172,497
Investment Income $19
Other Revenue $11,066
TOTAL REVENUE $199,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,740
Fundraising Expenses $0
Program Expenses $200,177
Other Expenses $123,248
TOTAL EXPENSES $251,988

Year-over-Year Comparison

2025 2024 Change
Revenue $199,533 $272,001 -0.3%
Expenses $251,988 $275,697 -0.1%
Net Income $-52,455 $-3,696 +13.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
18
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
3
$30,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBIE L WOLFE OPERATIONS M 40.00
Officer
$30,000 $0 $30,000
WILLIAM BURAS DIRECTOR 2.00
Director
$0 $0 $0
MEGAN CURRIER PRESIDENT 2.00
Officer Director
$0 $0 $0
RON GENCO DIRECTOR 2.00
Director
$0 $0 $0
CANDACE GREER SECRETARY 2.00
Officer Director
$0 $0 $0
BETSY HOOD VICE PRESIDE 2.00
Director
$0 $0 $0
LACY LIIPFERT DIRECTOR 2.00
Director
$0 $0 $0
CHRISTIANO MOUSWASWA DIRECTOR 2.00
Director
$0 $0 $0
ALLISON PORTIER DIRECTOR 2.00
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 $199,533 $251,988 $296,367 $-52,455
2024 $272,001 $275,697 $344,488 $-3,696
2023 $307,305 $263,379 $348,765 $43,926
2022 $308,382 $247,601 $300,791 $60,781
2021 $312,791 $212,601 $239,826 $100,190
2020 $234,717 $222,206 $269,511 $12,511
2019 $354,542 $309,576 $128,478 $44,966
2018 $386,128 $376,426 $88,250 $9,702
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