BATON ROUGE, LA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOUISIANA STATE MEDICAL SOCIETY EDUCATIONAL AND RESEARCH FOUNDATION, founded in 1969, is a micro nonprofit in the Medical Research sector that reported $7K in total revenue in fiscal year 2023. Revenue surged 222% from the prior year, signaling strong growth momentum. Expenses of $60K exceeded revenue, resulting in a 720% operating deficit.
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO ENGAGE IN AND CARRY OUT SCIENTIFIC RESEARCH IN THE FIELDS OF MEDICAL SCIENCE, MEDICAL ECONOMICS, PUBLIC HEALTH, SOCIOLOGY, AND RELATED AREAS FOR THE BENEFIT OF THE INTERESTED PUBLIC, MEDICAL SCHOOLS AND THE MEDICAL COMMUNITY IN THE STATE OF LOUISIANA. THE FOUNDATION ALSO SUPPORTS MEDICAL AND PARA-MEDICAL EDUCATION AND THE PROFESSIONAL SCHOOLS AND UNIVERSITIES THROUGH GRANTS AND SCHOLARSHIPS FOR THE PURPOSE OF DEVELOPING THE CAPABILITIES TO STUDY, TEACH AND PRACTICE MEDICINE IN AN EFFORT TO SERVE THE PUBLIC'S HEALTH NEEDS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,273 | $2,262 | +2.2% |
| Expenses | $59,632 | $55,733 | +0.1% |
| Net Income | $-52,359 | $-53,471 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAUREN BAILEY | MEMBER-AT-LA | 1.00 |
Director
|
$0 | $0 | $0 |
| GWEEN JACKSON | MEMBER-AT-LA | 1.00 |
Director
|
$0 | $0 | $0 |
| AMBERLY NUNEZ MD | SECRETARY/TR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN NOBLE MD | ACTING CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF WILLIAMS | MEMBER-AT-LA | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $7,273 | $59,632 | $205,793 | $-52,359 |
| 2022 | $2,262 | $55,733 | $244,808 | $-53,471 |
| 2021 | $153,657 | $59,959 | $310,708 | $93,698 |
| 2020 | $23,819 | $64,349 | $211,441 | $-40,530 |
| 2019 | $76,591 | $125,050 | $252,008 | $-48,459 |
| 2018 | $31,389 | $74,412 | $271,320 | $-43,023 |
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