LOUISIANA HEALTH CARE QUALITY FORUM (EIN 260497115) - 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

2007

Legal Domicile

Principal Officer

CINDY MUNN

Phone

2253349299

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA HEALTH CARE QUALITY FORUM, founded in 2007, is a community nonprofit in the Health Care sector that reported $5.3M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $4.7M left a modest 11% surplus.

Mission

LHCQF WORKS TO IMPROVE THE QUALITY OF HEALTH AND HEALTH CARE THROUGHOUT LOUISIANA IN A COST EFFECTIVE AND TRANSPARENT MANNER, AND FUNCTIONS AS A LEARNING SYSTEM TO ASSIST PROVIDERS AND HEALTH SYSTEMS IMPROVE THE QUALITY OF CARE PROVIDED TO LOUISIANA'S MEDICAID, UNINSURED, AND PRIVATELY INSURED. LHCQF LEADS INITIATIVES TO IMPROVE THE HEALTH OF THE PEOPLE OF LOUISIANA BY FOCUSING ON HEALTH INFORMATION TECHNOLOGY, QUALITY MEASUREMENT/ANALYTICS, PATIENT-CENTERED MEDICAL HOMES, END OF LIFE CARE (LAPOST), AND OUTREACH AND EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,314,791

Program Service Revenue $956,978

Investment Income $-8,761

Other Revenue $20

TOTAL REVENUE $5,263,028

Expense Breakdown

Grants Paid $40,221

Salaries & Benefits $1,759,353

Fundraising Expenses $0

Program Expenses $3,972,881

Other Expenses $2,893,338

TOTAL EXPENSES $4,692,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,263,028	$4,050,315	+0.3%
Expenses	$4,692,912	$4,511,229	+0.0%
Net Income	$570,116	$-460,914	-2.2%

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

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

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

$267,087

Total Directors

Key Employees

$297,424

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN GEORGE	BOARD MEMBER	0.17	Director	$0	$0	$0
TOM SAWYER	BOARD MEMBER	1.50	Director	$0	$0	$0
CHUCK BURNELL MD	BOARD MEMBER	0.17	Director	$0	$0	$0
CAROL PARTIN MD	BOARD MEMBER	0.17	Director	$0	$0	$0
DANIEL BURKE SPHR	CHAIR	1.50	Officer Director	$0	$0	$0
AA RICHARD III	OUTGOING CHAIR	1.50	Officer Director	$0	$0	$0
RUTH KENNEDY	SECRETARY/TREASURER	1.50	Officer Director	$0	$0	$0
CHERYL TOLBERT	SECRETARY/TREASURER	1.50	Officer Director	$0	$0	$0
CINDY MUNN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$237,668	$29,419	$267,087
MARCIA BLANCHARD	CHIEF OPERATING OFFICER	40.00	Key Emp	$257,605	$39,819	$297,424
BRIAN RICHMOND	CHIEF TECHNOLOGY OFFICER	40.00	Highest	$210,497	$18,281	$228,778
MICHAEL EFFERSON	DIRECTOR OF HEALTH INFORMATION	40.00	Highest	$148,663	$28,000	$176,663
ALLEN ABSHIRE	DIRECTOR OF HIT OPERATIONS	40.00	Highest	$118,019	$28,698	$146,717

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	$5,263,028	$4,692,912	$2,689,536	$570,116
2022	$4,050,315	$4,511,229	$2,583,194	$-460,914
2021	$5,257,376	$4,805,504	$2,619,011	$451,872
2020	$4,775,710	$4,488,851	$2,478,633	$286,859
2019	$4,819,300	$4,715,660	$2,815,876	$103,640
2018	$5,214,609	$4,873,230	$1,753,355	$341,379

LOUISIANA HEALTH CARE QUALITY FORUM