LOUISIANA ELECTRICAL HEALTH FUND (EIN 237174513) - 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

1970

Legal Domicile

Principal Officer

STEVEN G MARTIN

Phone

6158590131

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA ELECTRICAL HEALTH FUND, founded in 1970, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $760K, a strong 33% operating margin.

Mission

PROVISION OF BENEFITS TO PARTICIPANTS.

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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 $0

Program Service Revenue $2,102,863

Investment Income $164,394

Other Revenue $10,680

TOTAL REVENUE $2,277,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,211

Fundraising Expenses $0

Other Expenses $313,049

TOTAL EXPENSES $1,518,324

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,277,937	$1,969,843	+0.2%
Expenses	$1,518,324	$1,546,649	0.0%
Net Income	$759,613	$423,194	+0.8%

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

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
MARTY FLYNN	TRUSTEE	2.00	Director	$0	$0	$0
LANDRY T DUCOTE II	TRUSTEE	2.00	Director	$0	$0	$0
JOHN JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
STEVEN G MARTIN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
MATTHEW RACHAL	CO-CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAMES RAYNER	TRUSTEE	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
2024	$2,277,937	$1,518,324	$4,677,436	$759,613
2023	$1,969,843	$1,546,649	$3,818,093	$423,194
2022	$1,747,642	$1,038,425	$3,338,480	$709,217
2021	$1,344,095	$868,034	$2,564,368	$476,061
2020	$1,153,346	$1,130,688	$2,170,075	$22,658
2019	$1,357,708	$1,263,088	$2,197,788	$94,620
2018	$1,174,159	$1,276,485	$2,152,454	$-102,326

LOUISIANA ELECTRICAL HEALTH FUND