Louisiana Construction Education Foundation Inc (EIN 263259656) - 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

2008

Legal Domicile

Phone

2257532497

Tax Period

2023-01-01 to 2023-12-31

Louisiana Construction Education Foundation Inc, founded in 2008, is a micro nonprofit in the Education sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 86% operating deficit.

Mission

TO SECURE FUNDING AND OTHER RESOURCES NECESSARY TO PROVIDE TRAINING FOR CAREERS IN CONSTRUCTION.

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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 $0

Program Service Revenue $0

Investment Income $62,328

Other Revenue $0

TOTAL REVENUE $62,328

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $56,240

TOTAL EXPENSES $116,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,328	$95,296	-0.3%
Expenses	$116,240	$58,185	+1.0%
Net Income	$-53,912	$37,111	-2.5%

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

N/A

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
David Helveston	Director	0.10	Director	$0	$0	$0
Connie Fabre	President/CEO	0.10	Officer Director	$0	$0	$0
Norisha Kirts	Director	0.10	Director	$0	$0	$0
Glen Redd	Director	0.10	Director	$0	$0	$0
Ken Naquin	Director	0.10	Director	$0	$0	$0
Art Favre	Past Chair	0.10	Officer Director	$0	$0	$0
Kathy Trahan	Director	0.10	Director	$0	$0	$0
Kenny Freeman	Director	0.10	Director	$0	$0	$0
Milton Graugnard	Board Chair	0.10	Officer Director	$0	$0	$0
Dr Monty Sullivan	Director	0.10	Director	$0	$0	$0
Kyle Zeringue	Director	0.10	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	$62,328	$116,240	$3,931,994	$-53,912
2022	$95,296	$58,185	$3,840,631	$37,111
2021	$159,599	$201,759	$4,052,544	$-42,160
2020	$109,109	$95,896	$3,844,424	$13,213
2019	$127,787	$296,399	$3,717,288	$-168,612
2018	$1,972,008	$205,877	$3,685,959	$1,766,131

Louisiana Construction Education Foundation Inc