BAYOU DISTRICT FOUNDATION (EIN 260833850) - 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

GERARD W BAROUSSE JR

Phone

5042720307

Tax Period

2023-01-01 to 2023-12-31

BAYOU DISTRICT FOUNDATION, founded in 2007, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

BAYOU DISTRICT FOUNDATION'S MISSION IS TO RAISE FUNDS TO FACILITATE THE RECONSTRUCTION OF THE NEIGHBORHOOD AND INFRASTRUCTURE OF THE FORMER ST. BERNARD HOUSING PROJECT DAMAGED BY HURRICANE KATRINA AND TO HELP ITS RESIDENTS BREAK THEIR CYCLE OF POVERTY.

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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 $340,166

Program Service Revenue $2,071,600

Investment Income $5,435

Other Revenue $108,960

TOTAL REVENUE $2,526,161

Expense Breakdown

Grants Paid $26,976

Salaries & Benefits $2,239,207

Fundraising Expenses $47,001

Program Expenses $2,465,920

Other Expenses $276,354

TOTAL EXPENSES $2,542,537

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,526,161	$2,666,706	-0.1%
Expenses	$2,542,537	$2,199,758	+0.2%
Net Income	$-16,376	$466,948	-1.0%

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

136

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARD W BAROUSSE JR	CHAIRMAN	35.00	Officer Director	$0	$0	$0
MIKE RODRIGUE	DIRECTOR	2.00	Officer Director	$0	$0	$0
GARY SOLOMON SR	DIRECTOR	2.00	Officer Director	$0	$0	$0
GREG BENSEL	DIRECTOR	2.00	Officer Director	$0	$0	$0
NOLAN MARSHALL JR	DIRECTOR, ADVISORY BOARD C	2.00	Officer Director	$0	$0	$0
CINDY HOWSON WEINMANN	DIRECTOR	4.00	Officer Director	$0	$0	$0
ADRIENNE C SLACK	DIRECTOR	2.00	Officer Director	$0	$0	$0
DAVID W PERLIS	DIRECTOR	2.00	Officer 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	$2,526,161	$2,542,537	$1,866,130	$-16,376
2022	$2,666,706	$2,199,758	$2,633,589	$466,948
2021	$2,965,153	$2,800,208	$2,075,399	$164,945
2020	$2,484,741	$2,532,689	$2,521,451	$-47,948
2019	$2,679,434	$9,511,458	$2,485,939	$-6,832,024
2018	$3,585,891	$3,609,957	$10,589,184	$-24,066
2018	$2,005,299	$2,719,537	$9,784,467	$-714,238

BAYOU DISTRICT FOUNDATION