MEDICINELOUISIANA INC (EIN 271790014) - 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

2010

Legal Domicile

Principal Officer

STEVEN SPEDALE MD

Phone

2259282555

Tax Period

2024-01-01 to 2024-12-31

MEDICINELOUISIANA INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $286K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $362K exceeded revenue, resulting in a 27% operating deficit.

Mission

LEGISLATIVE ADVOCACY, PUBLIC RELATIONS, AND EDUCATION FOR PHYSICIANS.

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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 $285,959

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $320,378

Fundraising Expenses $0

Other Expenses $42,057

TOTAL EXPENSES $362,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,959	$358,800	-0.2%
Expenses	$362,435	$341,193	+0.1%
Net Income	$-76,476	$17,607	-5.3%

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

$253,855

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN SPEDALE MD	CHAIR	0.50	Officer Director	$0	$0	$0
RANDY PILGRIM MD	VICE CHAIR	0.25	Officer Director	$0	$0	$0
JOHN VAN HOOSE MD	MEMBER AT LARGE	0.25	Director	$0	$0	$0
RICHARD LIEUX MD	MEMBER AT LARGE	0.25	Director	$0	$0	$0
SCOTT SCHUBER MD	MEMBER AT LARGE	0.25	Director	$0	$0	$0
ADAM OLSON MD	MEMBER AT LARGE	0.25	Director	$0	$0	$0
BERKLEY DURBIN JD	EXECUTIVE DIRECTOR	40.00	Officer	$253,855	$0	$253,855

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	$285,959	$362,435	$109,660	$-76,476
2023	$358,800	$341,193	$142,755	$17,607
2022	$403,325	$305,853	$210,035	$97,472
2021	$192,750	$301,673	$158,661	$-108,923
2020	$220,000	$300,879	$314,089	$-80,879
2019	$262,500	$300,898	$299,947	$-38,398
2018	$251,883	$298,930	$340,072	$-47,047

MEDICINELOUISIANA INC