LOUISIANA COMMUNITY TECHNICAL COLLEGE SYSTEM FOUNDATION

EIN: 205432053 501(c)(3) Education

BATON ROUGE, LA

Total Revenue
$1,772,985
Total Expenses
$1,860,646
Total Assets
$4,019,463
Net Assets
$3,392,815
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
LA
Principal Officer
CHANDLER LEBOEUF
Phone
2259220721
Tax Period
2023-01-01 to 2023-12-31

LOUISIANA COMMUNITY TECHNICAL COLLEGE SYSTEM FOUNDATION, founded in 2006, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

TO PROMOTE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND CULTURAL STUDIES FOR LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM; TO SOLICIT AND ACCEPT GIFTS, GRANTS, APPROPRIATIONS, BEQUESTS AND FUNDS, INCLUDING PROPERTY, IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, INCLUDING SCHOLARSHIPS AND OTHER EDUCATIONAL ENDEAVORS AND ACTIVITIES IN FURTHERENCE OF LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,730,870
Program Service Revenue $0
Investment Income $42,115
Other Revenue $0
TOTAL REVENUE $1,772,985

Expense Breakdown

Grants Paid $1,041,887
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,860,646
Other Expenses $818,759
TOTAL EXPENSES $1,860,646

Year-over-Year Comparison

2023 2022 Change
Revenue $1,772,985 $2,094,680 -0.2%
Expenses $1,860,646 $1,038,235 +0.8%
Net Income $-87,661 $1,056,445 -1.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
13

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROCKY ROCKETT EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $0
DR CHRISTEL SLAUGHTER PARTNER AND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DR MONTY SULLIVAN LCTCS SYSTEM PRESIDENT 1.00
Officer Director
$0 $0 $0
TIM BARFIELD BOARD MEMBER 1.00
Officer Director
$0 $0 $0
DR NEIL ASPINWALL BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMY CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
LEE GIORGIO BOARD MEMBER 1.00
Director
$0 $0 $0
ANN KNAPP BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE PALAMONE BOARD MEMBER 1.00
Director
$0 $0 $0
STEVIE SMITH BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $1,772,985 $1,860,646 $4,019,463 $-87,661
2022 $2,094,680 $1,038,235 $5,607,687 $1,056,445
2021 $757,458 $723,702 $4,111,432 $33,756
2020 $1,582,722 $1,550,753 $3,784,405 $31,969
2019 $890,082 $388,872 $3,853,188 $501,210
2018 $831,236 $337,118 $4,237,893 $494,118
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LOUISIANA COMMUNITY TECHNICAL COLLEGE SYSTEM FOUNDATION with other nonprofits in Louisiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.